Condominium · 1987
The Strand
500 West 43rd Street, New York, NY 10036
Buildings·Chelsea·Condominium

500 West 43rd Street (The Strand)

500 West 43rd Street, New York, NY 10036

CorridorChelsea
At a glance
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
The Data Room

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
$1,230
Listing discount
3.3%
Recorded sales
256
On record
2003–2026

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.

Recent sales

The Strand trades in the middle band of the Hell's Kitchen condominium market, with recent closings clustering near the high-$1,200s per square foot on average and higher-floor, river-view lines reaching into the $1,500s. 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 the per-foot remains below the newest construction to the west. Apartment-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.

Recent closings at this building, curated by The Roebling Team research desk. Apartment-level facts are independently verified before publishing; sale prices reflect the recorded transfer amount at the NYC Department of Finance.

DateUnitApartmentPricePPSFvs. Ask
May 19, 202629E
1 BR · 1 BA · 675 sf
$800,000$1,185/sfoff-mkt
May 18, 202616H
1 BR · 1 BA · 679 sf
$780,000$1,149/sf-2.4%
Apr 24, 202612E
1 BR · 1 BA · 675 sf
$730,000$1,081/sfoff-mkt
Apr 7, 202638A
2 BR · 2.5 BA · 1,228 sf
$1,910,000$1,555/sf-4.3%
Feb 13, 202618A
1 BA · 435 sf
$515,000$1,184/sf-2.6%
Feb 6, 202625H
1 BR · 1 BA · 679 sf
$830,000$1,222/sf-2.4%
Nov 21, 202511H
1 BR · 1 BA · 679 sf
$740,000$1,090/sfoff-mkt
Oct 30, 20254G
1 BR · 1 BA · 675 sf
$725,000$1,074/sf-3.3%

Market read. Most recent trades (2026) cleared a median $1,230/sf across 6 sales. Median listing discount 3.3% 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.

23B · 838 sf+96%
$635,000 ($758/sf) 2003$810,000 ($967/sf) 2005$1,100,000 ($1,313/sf) 2016$1,243,206 ($1,484/sf) 2017
35A · 1,228 sf+78%
$869,000 ($708/sf) 2003$1,550,000 ($1,262/sf) 2019
33E · 984 sf+77%
$850,000 ($864/sf) 2004$1,200,000 ($1,220/sf) 2008$1,502,500 ($1,527/sf) 2016
25F · 675 sf+66%
$580,000 ($859/sf) 2010$995,000 ($1,474/sf) 2018$960,000 ($1,422/sf) 2022
38B · 679 sf+64%
$585,000 ($862/sf) 2004$615,000 ($906/sf) 2010$965,000 ($1,421/sf) 2019$960,000 ($1,414/sf) 2025

Other recent transfers

DateUnitPrice
Oct 26, 202338A$1,499,000
Sep 25, 201412H$850,000
Aug 20, 201338A$1,499,000
Jun 1, 20125J$595,000
May 8, 200336E$659,000
View all 256 recorded sales, sortable

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) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. 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.

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

The Roebling Team at The Strand

The Roebling Team at Compass specializes in Central Park West, the Upper East Side, and the broader Park-facing Manhattan market — including the far West Side and Hell's Kitchen corridors. We publish this building profile because condominium buyers and sellers deserve building-specific intelligence — architecture, operational reality, transactional mechanics, and pricing at the apartment level — not generic market commentary.

If you're considering a purchase or sale at 500 West 43rd Street, a 30-minute consultation is the right starting point. We'll bring the full context this page provides plus the transactional specifics your situation requires — comparable analysis at the apartment level, due diligence priorities, and the pacing strategy that fits your timeline.

The neighborhood

For the full corridor — architecture, schools, transit, and pricing across Chelsea — read The Roebling Team Guide to Chelsea.

Considering a move at The Strand?

Get the full picture on this building.

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Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com