- Year built
- 2007
- Type
- Condominium
- Units
- 339
- Floors
- 27
- Landmark
- No
- Amenities
- 24-hour concierge, on-site parking garage with valet, fitness center, common roof decks and roof gardens, residents' lounges, library, event room, in-unit and building laundry, and personal storage — verify the amenity package and any condominium-specific access terms with the managing agent
- Pets
- Pet-friendly — confirm current terms with the managing agent
- Flip tax
- None documented — verify against the by-laws at offer stage
Every recorded sale at this building, 2008–2023
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $1,801
- Listing discount
- 1.7%
- Recorded sales
- 12
- On record
- 2008–2023
500 West 53rd Street is the northern tower of the Avalon Clinton complex, a full-block, environmentally certified building that opened in 2007 in the heart of Hell's Kitchen, at the southwest corner of Tenth Avenue. Designed by Fox & Fowle, the complex was an early large-scale green development in far West Midtown, and it anchored a wave of new residential product that reshaped the blocks west of Tenth Avenue in the late 2000s.
The building is unusual in one important respect, and buyers should understand it from the outset: most of the complex operates as a professionally managed rental, but a defined set of residences at 500 West 53rd Street are individually owned condominium units that trade on the open market. Publicly recorded NYC building data and NYC Department of Finance recorded transfers confirm individual condominium closings here — the for-sale inventory is genuine, not a marketing label attached to a pure rental. That mixed structure gives the for-sale buyer a distinctive combination: condominium ownership and flexibility inside a large, amenitized, professionally operated building at a Hell's Kitchen per-foot below the far-West-Side new-development towers a few blocks north and west.
Architecture and unit composition
Fox & Fowle's design is a red-brick, environmentally certified tower conceived as part of a full-block Hell's Kitchen complex rather than a freestanding luxury monolith. The North tower rises 27 stories. The individually owned condominium residences run through a range of layouts, with higher floors carrying open city exposures; the penthouse level has traded at the top of the building's range. Because the tower blends rental and for-sale residences, the exact condominium unit schedule — which lines are owned and which are rental — should be confirmed line by line against the offering plan on file in The Roebling Research Library. As with any building of this vintage, renovation quality and finish level vary unit to unit.
Building operations
500 West 53rd Street runs as a full-service, professionally managed building: 24-hour concierge, an on-site parking garage with valet, a fitness center, common roof decks and roof gardens, residents' lounges, a library, an event room, and building and in-unit laundry, plus personal storage. The environmental certification reflects the complex's original green-building program. Because the building carries both rental and condominium residences, condominium owners should confirm exactly which amenities are available to unit owners and on what terms; common charges and any access rules are documented in the offering plan and current house rules on file in The Roebling Research Library.
Recent sales
The for-sale condominium residences at 500 West 53rd Street trade in the Hell's Kitchen / Clinton condominium market, at a per-foot below the far-West-Side new-development towers to the north and west. Recorded closings here span a wide per-square-foot band depending on floor, line, and condition, and penthouse-level inventory reaches the top of the building's range. The value proposition is condominium ownership inside a large, amenitized, professionally operated building at a West Midtown price point. 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.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Oct 24, 2023 | 6C | 2 BR · 2 BA · 1,255 sf | $2,260,000 | $1,801/sf | -3.8% |
| Jul 12, 2021 | PH | 4 BR · 3.5 BA · 2,676 sf | $4,995,000 | $1,867/sf | off-mkt |
| Feb 5, 2019 | 7B | 3 BR · 2,210 sf | $3,500,000 | $1,584/sf | -21.9% |
| May 8, 2015 | 6A | 3 BR · 2.5 BA · 1,885 sf | $3,850,000 | $2,042/sf | -1.2% |
| Jul 19, 2012 | 6C | 2 BR · 1,255 sf | $1,685,000 | $1,343/sf | +0.6% |
| Nov 6, 2008 | 7B | 3 BR · 2,210 sf | $1,883,763 | $852/sf | -5.6% |
| Jun 30, 2008 | 7A | 3 BR · 2,010 sf | $2,168,873 | $1,079/sf | -5.7% |
| May 23, 2008 | PH | 4 BR · 2,676 sf | $3,614,788 | $1,351/sf | -2.3% |
Market read. Most recent trades (2023) cleared a median $1,801/sf across 1 sale. Median listing discount 1.7% 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 1-01081-7502) 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
Confirm the ownership structure first. This is a mixed rental-and-condominium tower. Verify that the specific unit is an individually owned condominium residence, confirm the condominium declaration and by-laws, and understand how the for-sale component relates to the rental operation. This is the single most important diligence step here.
Confirm the exposure line by line. Floor, orientation, and light vary substantially in a 27-story building on a full-block Hell's Kitchen site; underwrite the specific line, not the building average.
Condo flexibility is real — but verify it. Pied-à-terre, investment use, and subletting are accommodated under condominium frameworks of this type; confirm the current terms against the by-laws, because the mixed structure can carry specific rules.
Model the full carry. Common charges plus property taxes plus utilities and insurance — run the complete monthly number, and confirm what the common charge does and does not include given the shared building services.
What to know if you’re selling
Lead with the ownership clarity. Because the tower blends rental and for-sale residences, a clean explanation of the condominium structure — and proof of individually recorded ownership — reassures buyers and widens the pool.
Position against the Hell's Kitchen condominium market. Your comparable set is the surrounding far-West-Midtown condominiums, not the trophy new-development towers; price to the neighborhood, and let the amenity depth and green certification support the number.
High floors and light carry the premium. Floor, exposure, and condition drive the per-foot spread in this tower.
Closing timelines are condo-fast. 30 to 45 days from contract to closing under the condominium framework.
Comparable buildings
- 505 West 43rd Street — nearby Hell's Kitchen residential building
- 500 West 43rd Street — nearby far-West-Midtown building
- 301 West 53rd Street — West 53rd Street condominium to the east
- One West End — the amenity-rich West End condominium to the north
- 555 West 59th Street — large far-West-Side condominium nearby
The Roebling Team at Avalon Clinton North
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-Midtown and Hell's Kitchen corridors grouped here under Chelsea. 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 53rd 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.
Get the full picture on this building.
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