500 West 43rd Street (The Strand)
500 West 43rd Street, New York, NY 10036
Hell's Kitchen
BBL 1010717501 · BIN 1076215
- Year built
- 1987
- Type
- Condominium
- Units
- 311
- Floors
- 42
- Landmark
- No
- Amenities
- 24-hour doorman and concierge, a full-service parking garage, a glass-enclosed rooftop swimming pool on the top floor, a fitness center with sauna and steam rooms, a sundeck with panoramic views, a residents' lounge, laundry facilities, bike storage, and storage units available to rent
- Pets
- Pet-friendly
- Flip tax
- None documented — verify against the by-laws at offer stage
Every recorded sale at this building, 2003–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf (floor-adjusted)
- $1,230
- Listing discount
- 2.4%
- Recorded sales
- 315
- On record
- 2003–2026
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at The Strand would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.
The Strand was one of the early full-service luxury towers to rise on the far West Side, and it remains one of the most recognizable buildings in Hell's Kitchen. Delivered at the end of the 1980s at the southwest corner of Tenth Avenue and West 43rd Street, it introduced amenitized, doorman condominium living to a corridor that was, at the time, well ahead of the neighborhood's later transformation around Hudson Yards and the Theater District.
The building's thesis is a distinctive architectural footprint paired with an amenity package that punches above its price band. Costas Kondylis rotated the tower 45 degrees to the street grid — a move that gives most residences a corner-unit feel and opens sightlines from the Hudson River to downtown Manhattan. Combined with a glass-enclosed rooftop pool, a full health-club floor, an on-site garage, and condominium flexibility, The Strand appeals to buyers who want new-development-style building services and river-direction light at a per-foot well below far newer product a few blocks west.
Architecture and unit composition
Kondylis's design is immediately identifiable: a brick tower turned on its site, banded in peach, red, and beige, with recessed corners and a stepped, pyramid-like crown. The 45-degree rotation is the building's defining feature — because the massing does not align to the avenue and cross-street, the majority of apartments read as corner homes with multiple exposures. The roughly 311 residences run from studios through two-bedroom layouts, many with private balconies, and typically feature hardwood or parquet floors, marble baths, and updated kitchens. As with any building of this vintage, renovation quality and finish level vary line to line.
Building operations
The Strand runs as a full-service condominium: a 24-hour doorman and concierge, a full-service parking garage, and a wellness stack anchored by a glass-enclosed rooftop swimming pool on the top floor, a fitness center with sauna and steam rooms, and a sundeck with panoramic city and river views. Additional conveniences include a residents' lounge, laundry facilities, bike storage, and storage units available to rent. Common charges have historically included heat, gas, water, and cable — confirm the current inclusions with the managing agent. The offering plan and current house rules are on file in The Roebling Research Library.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $174,615/yr
- Per unit / month range
- $0 – $47
- Modeled exposure split equally across 311 units (the city tax-lot count). Not an assessed amount; co-op shareholders are typically charged by share allocation.
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City record last verified September 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Facade safety — Local Law 11
The latest available FISP filing classified the facade as Safe — no repairs were required at that inspection. Facade inspections run on a fixed five-year cycle; future inspection, repair, and any assessment decisions remain building-specific.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent).
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City record last verified September 2026.
Recent sales
The Strand trades in the middle band of the Hell's Kitchen condominium market, with higher-floor, river-view lines carrying the premium. NYC Department of Finance recorded transfers confirm a steady cadence of individual, arm's-length unit closings — this is a for-sale condominium, not a rental building, though some sponsor- or investor-held units are operated as rentals within the condominium structure. The amenity package and the distinctive floor plates support pricing relative to less-amenitized peers of the same vintage, while pricing remains below the newest construction to the west.
Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.
Recent closings at this building, from The Roebling Research Library. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Sep 1, 2026 | 28D | 1 BA · 390 sf | $528,000 | $1,354/sf | -3.8% |
| Aug 11, 2026 | 11J | 1 BR · 1 BA · 695 sf | $765,000 | $1,101/sf | -1.3% |
| Aug 5, 2026 | 5C | 1 BA · 330 sf | $490,000 | $1,485/sf | -1.0% |
| Jul 28, 2026 | 7G | 1 BR · 1 BA · 650 sf | $750,000 | $1,154/sf | +1.4% |
| Jul 23, 2026 | 9G | 675 sf | $730,000 | $1,081/sf | off-mkt |
| Jul 15, 2026 | 10H | 1 BR · 1 BA · 675 sf | $720,000 | $1,067/sf | +0.0% |
| May 19, 2026 | 29E | 1 BR · 1 BA · 675 sf | $800,000 | $1,185/sf | +0.0% |
| May 18, 2026 | 16H | 1 BR · 1 BA · 679 sf | $780,000 | $1,149/sf | -2.4% |
Market read. Most recent trades (2026) cleared a median $1,230/sf (floor-adjusted) across 12 sales. Floor-adjusted means each sale is restated to a constant mix of floors, so the figure can differ from the plain median of the sales listed above. Median listing discount 2.4% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-01071-7501). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage from recorded condo declarations and offering plans.
At the recent median sale of $750K (28 sales since 2024), a buyer putting 25% down would pay about $29,266 to close, or 3.9% of the price.
- Mansion tax: $0
- Mortgage recording tax: $10,828
- Title insurance: $3,375
- Attorneys, lender, building fees, reserves and filings: $15,063
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
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What to know if you’re buying
The floor plate is the differentiator. The 45-degree rotation gives most lines a corner feel and multiple exposures — walk the specific unit and confirm the light and view at your floor and orientation.
Underwrite the amenity value honestly. A rooftop pool, a full health-club floor, and an on-site garage in a building of this size are a genuine draw. If you will use the package, the carrying costs buy more here than the monthly number suggests.
Confirm what common charges include. Historically heat, gas, water, and cable have been bundled — verify the current inclusions, because they change how the monthly compares to peers.
Condo flexibility is real. Pied-à-terre and investment use are accommodated under the declaration; subletting is permitted subject to the by-laws; closings run on a condominium timeline of roughly 30 to 45 days.
Model the full carry. Common charges plus property taxes plus utilities and insurance — run it completely rather than anchoring on the headline monthly.
What to know if you’re selling
Lead with the views and the corner-feel plan. The rotated massing and river-to-downtown sightlines are the marketing story that widens the buyer pool.
The amenity stack supports the price. The rooftop pool, health club, garage, and included utilities differentiate the building from less-amenitized peers of the vintage.
High floors and river exposures carry the premium. Floor, view, and private balcony drive the per-foot spread.
Position against Hell's Kitchen, not Hudson Yards. Your comparable set is the surrounding West Side condominiums, not the newest ground-up towers to the west.
Closing timelines are condo-fast. 30 to 45 days from contract to closing.
Comparable buildings
- 505 West 43rd Street — the West Side condominium directly across the street
- 460 West 42nd Street — nearby far-West-Midtown condominium
- 635 West 42nd Street — amenity-rich riverfront condominium to the west
- 350 West 42nd Street — large West-Side condominium near the river
- One West End — the amenity-rich West End condominium to the north
- 500 West 53rd Street — nearby Hell's Kitchen condominium
More Chelsea buildings
- 500 West 21st Street — 2013 condominium by Kohn Pedersen Fox (KPF)
- 500 West 22nd Street (Park House Chelsea) — 2020 condominium
- 500 West 25th Street (The Emerson) — 2020 condominium
- 500 West 53rd Street (Avalon Clinton North) — 2007 condominium by FXCollaborative (Fox & Fowle / FXFOWLE)
- One High Line (500 West 18th Street) — 2024 condominium by Bjarke Ingels Group (BIG)
- 502 Ninth Avenue (38NINE) — 2005 condominium
The neighborhood
For the full corridor — architecture, transit, and pricing across Chelsea — read The Roebling Team Guide to Chelsea.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
Considering a move at The Strand?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.