--- title: "517 West 48th Street #5F, New York City, NY 10036" description: "517 West 48th Street #5F, New York City, NY 10036 — Hell's Kitchen, New York City, NY. Listing Price $710,000. Price Reduced: Reduced $40,000 (5.3%) from $750,000 on May 25, 2026. 2 bed, 1 bath Illustrative Buyer Commission Share of $10,650 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10036/517-west-48th-street-f-5F-ny-10036" source: "Real Estate Rebate Team" dateModified: "2026-09-22T20:21:22.568Z" status: "Active" --- # 517 West 48th Street #5F, New York City, NY 10036 Hell's Kitchen, New York City, NY Courtesy of Brown Harris Stevens Residential Sales LLC Last updated: September 22, 2026, 4:21 PM ## At a Glance - **Listing Price**: $710,000 - **Price Reduced**: Reduced $40,000 (5.3%) from $750,000 on May 25, 2026 - **Beds**: 2 - **Baths**: 1 - **Common Charges**: $818 / mo - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $710,000 - **Illustrative Buyer Commission Share**: -$10,650* - **Illustrative Net Cost**: $699,350 *Illustrative Buyer Savings of $10,650 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (7) ![517 West 48th Street #5F, New York City, NY 10036 — photo 1 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4029a3ac-9674-42fe-9f54-00763e47c614.jpg) ![517 West 48th Street #5F, New York City, NY 10036 — photo 2 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/dc2d4ac0-c4ec-44c0-93a1-3cbc894069ea.jpg) ![517 West 48th Street #5F, New York City, NY 10036 — photo 3 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/83f2c193-f201-42ab-a10e-f5720a1d6e97.jpg) ![517 West 48th Street #5F, New York City, NY 10036 — photo 4 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/78221428-9195-4099-b1b8-e4cee9caf207.jpg) ![517 West 48th Street #5F, New York City, NY 10036 — photo 5 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/35b56f55-d882-44d8-af89-d80dcd98c88a.jpg) ![517 West 48th Street #5F, New York City, NY 10036 — photo 6 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2a98e13c-e9fb-4bf8-a6a4-5eca4409abed.jpg) ![517 West 48th Street #5F, New York City, NY 10036 — photo 7 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e49f8d6c-22e6-4352-99fa-576abff152b0.jpg) ## Property Overview Bright, thoughtfully renovated two-bedroom home with an ideal layout in the heart of Hell's Kitchen. Perched on the fifth floor of a well-maintained prewar walk-up, this residence offers a rare combination of space, natural light, and functionality. The oversized living room easily accommodates both a full seating area and a separate dining space, with multiple windows bringing in excellent western light. The windowed kitchen has been tastefully updated with stainless steel appliances, a dishwasher, generous counter space, and open shelving. Both bedrooms are well-proportioned, each with closets, and positioned for privacy away from the main living area. The renovated windowed bathroom features clean, modern finishes. Additional highlights include: - Five closets providing excellent storage - Hardwood floors throughout - Multiple exposures (south and east) for strong natural light - Efficient layout with separation of living and sleeping areas Located on a charming tree-lined block in Hell's Kitchen, just moments from the Theater District, Hudson River Park, Target, and some of Manhattan's best dining and nightlife. Easy access to multiple subway lines and crosstown transportation. HDFC Co-op - Income Restrictions Apply (165% AMI): 1 person: $196,020 2 people: $223,905 3 people: $251,955 4 people: $279,840 Sorry, no dogs permitted. A rare opportunity to own a move-in-ready two-bedroom and real living space in one of Manhattan's most vibrant neighborhoods. ## Property Details - **Property Type**: Co-op - **Beds**: 2 - **Baths**: 1 - **Rooms**: 5 - **Stories**: 5 - **Year Built**: 1901 - **Common Charges**: $818 / Monthly - **Listed On**: Apr 18, 2026 - **Days on Market**: 168 Days ### Residence Features - City ## Estimated Monthly Payment **$4,408 / month**, assuming a 20% down payment ($142,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $3,590 - **Common Charges**: $818 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Sales and market data ### Recent sales 2 apartments at 517 West 48th Street have recorded sales since October 2021, the most recent for $355,000 in April 2025. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sold Price | Sold | Source | | --- | --- | --- | --- | --- | | 2RW (Apartment) | — | $355,000 | April 18, 2025 | City record | | 5-F (Apartment) | 2 | $645,000 | January 12, 2022 | City record · MLS | Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below. ### How this price compares - **This home**: $710,000 - **Median sold price**: $855,000 - **Difference**: -$145,000 (-17%) - **Comparable sales**: 18 - **Sales from**: October 2024 – July 2026 - **Middle half of those sales**: $605,000 – $1,055,000 Based on co-op two-bedroom sales in Hell's Kitchen. Square footage is recorded for only 10 of these 18 sales (56%), so no price per square foot is shown for this group. Co-op sales rarely carry a floor area, and a figure drawn from a handful of them would not describe the rest. This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Hell's Kitchen instead. ### How these sales were negotiated - **Sale-to-list price**: 96.2% (12 sales) - **Sold below asking**: 83% (12 sales) - **Typical time to find a buyer**: 81 days (13 sales) - **Typical time to close**: 71 days (13 sales) Based on co-op two-bedroom sales in Hell's Kitchen with the required listing and closing data. Sample sizes vary by metric. These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure. ### Price trend Median sale price, co-op two-bedroom sales in Hell's Kitchen | Year | Median sold price | Sales | | --- | --- | --- | | 2017 | $1,087,500 | 10 | | 2021 | $849,000 | 11 | | 2022 | $967,000 | 10 | | 2023 | $909,500 | 10 | | 2026 YTD | $855,000 | 10 | Based on recorded co-op two-bedroom sales in Hell's Kitchen. 2026 is year-to-date. Sales data through July 2026. Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. [See every recorded sale at 517 West 48TH Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/517-west-48th-street) ## Price and Property History for 517 West 48TH Street, Unit 5F Review the recorded listing activity for 517 West 48TH Street, Unit 5F, including asking-price changes and prior market dates. - **Latest price change**: Reduced by $40,000, or 5.3%, on May 25, 2026 - **Originally listed**: April 18, 2026 at $750,000 - **Current asking price**: $710,000 - **Last sold (recorded)**: $645,000 on January 12, 2022 | Date | Price | Listing event | | --- | --- | --- | | May 25, 2026 | $710,000 | Asking price reduced by $40,000, or 5.3% | | April 18, 2026 | $750,000 | Listed for sale by Brown Harris Stevens Residential Sales LLC | | January 12, 2022 | $645,000 | Sold — recorded sale price | | November 12, 2021 | $645,000 | Entered contract | | May 25, 2021 | $645,000 | Listed for sale by Compass | | April 26, 2013 | — | Sold | ## Property Taxes This apartment is part of a co-op that is taxed as one lot shared across 18 apartments. The corporation’s 2026 property tax bill was $31,423 for the whole building. Shareholders cover it through their monthly maintenance rather than a separate bill for this unit. [See the full property tax history for 517 West 48TH Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/517-west-48th-street) [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### 517 West 48th Street 517 West 48th Street, New York, NY 10036 A building in the neighborhood, currently featuring 1 active listing. - **Year Built**: 1901 - **Active Units**: 1 - **Floors**: 5 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/517-west-48th-street) ### Available Residences — For Sale (1) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [5F](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10036/517-west-48th-street-f-5F-ny-10036) | 2 | 1 | — | — | $710,000 (-5.3%) | Brown Harris Stevens Residential Sales LLC | Apr 18, 2026 | 168 days | ## Hell's Kitchen Restaurant Row & Nightlife [Explore Hell's Kitchen](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/hell-s-kitchen) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Hell's Kitchen - [Theater District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/theater-district) - [Midtown real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/midtown) - [Chelsea real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/chelsea) - [Murray Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/murray-hill) - [Flatiron District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/flatiron-district) - [Kips Bay real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/kips-bay) ## Related Links - [517 West 48TH Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/517-west-48th-street) - [Hell's Kitchen neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/hell-s-kitchen) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. > All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.