521 West 47th Street #3B, New York City, NY 10036
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Regis Roumila
Verified Member: REBNY · NAR
NYDOS LIC#: 10491211335
Property Overview
Property Details
Residence Features
Sales Evidence
Recent closed sales
4 apartments at The Bakery have recorded sales since September 2021, the most recent for $1,225,000 in April 2024. Prices are the figures recorded with the City, not asking prices.
| 2BApartment | 1 | Square footage not recorded | $1,225,000 | No square footage recorded for this sale | April 18, 2024City record · MLS |
|---|---|---|---|---|---|
| 2DApartment | 2 | 1,100 | $899,000 | $817/ft² | August 7, 2023City record · MLS |
| 3AApartment | Bedroom count not recorded | Square footage not recorded | $980,000 | No square footage recorded for this sale | July 15, 2022City record |
| PHBApartment | 3 | 2,170 | $1,900,000 | $876/ft² | July 15, 2022City 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
The median closed price for comparable co-op one-bedroom sales in Hell's Kitchen is $577,500, based on 42 sales between September 2024 and July 2026. This home is asking $1,199,000, $621,500 above that median. The middle half of those sales closed between $481,750 and $713,750.
- Median closed price
- $577,500
- Middle half
- $481,750 – $713,750
- Based on
- 42 co-op one-bedroom sales in Hell's Kitchen
- Period
- September 2024 – July 2026
Square footage is recorded for only 12 of these 42 sales (29%), 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.
Across the 37 of these sales with a published asking price, the median closed at 96.6% of what it originally asked. 68% of them closed below the original ask.
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
- Sold vs original ask
- 96.6% of the original ask
- Closed below ask
- 68% of 37 sales
- Listed → in contract
- 91 days (about 13 weeks)
- In contract → closed
- 76 days (about 11 weeks)
Across the 37 of these sales with a published asking price, the median closed at 96.6% of what it originally asked. 68% of them closed below the original ask.
Half of these homes were in contract within 91 days (about 13 weeks) of coming to market, based on the 37 with a recorded listing date.
Once a deal was agreed, closing took a further 76 days (about 11 weeks), based on the 37 with both dates recorded. A co-op board package and its interview account for much of that.
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.
Based on 42 co-op one-bedroom sales in Hell's Kitchen, September 2024 – July 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ.
Price trend
Median sold price for co-op one-bedroom sales in Hell's Kitchen, 2017 to 2025. The series is held to one bedroom count and one ownership type for the same reason: an unfiltered median tracks which apartments sold, not what they were worth.
| Year | Median sold price | Sales |
|---|---|---|
| 2017 | $615,000 | 21 |
| 2018 | $706,250 | 18 |
| 2019 | $575,078 | 24 |
| 2021 | $549,000 | 28 |
| 2022 | $675,000 | 34 |
| 2023 | $607,000 | 16 |
| 2024 | $530,000 | 19 |
| 2025 | $575,000 | 26 |
This building does not have enough sales with a recorded floor area to chart its own price per square foot, which is usual for a co-op. The series above follows comparable homes across Hell's Kitchen instead.
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.
Price and Property History for 521 West 47th Street, Unit 3B
Review the recorded listing activity for 521 West 47th Street, Unit 3B, including asking-price changes and prior market dates.
- Latest price change
- Reduced by $96,000, or 7.4%, on April 21, 2026
- Originally listed
- March 9, 2026 at $1,295,000
- Current asking price
- $1,199,000
- Last sold (recorded)
- $935,000 on July 21, 2015
| Date | Price | Listing event |
|---|---|---|
| $1,199,000 | Asking price reduced by $96,000, or 7.4% | |
| $1,295,000 | Listed for sale by Compass | |
| $935,000 | Sold — recorded sale price | |
| $935,000 | Listed for sale by Elliman |
Property Taxes
This apartment is part of a co-op that is taxed as one lot shared across 16 apartments. The corporation’s 2026 property tax bill was $268,178 for the whole building. Shareholders cover it through their monthly maintenance rather than a separate bill for this unit.
About The Building
The Bakery
521 West 47TH Street, New York, NY 10036
A building in Hell's Kitchen, currently featuring 1 active listing.
Interested in The Bakery?
Consult Régis for private buyer guidance, off-market opportunities, building financials, board package requirements, closing costs, and potential Buyer Savings.
Available Residences
| 3B | 1 | 2 | 1,125 sqft | $1,066 | $1,199,000(-7.4%) | Mar 13, 2026 | 179 days |
Estimated Monthly Payment
Estimates only. Actual payments may vary. Confirm terms with your lender.
Neighborhood Context
Nearby Schools
* Distances are approximate line-of-sight metrics.
Location Context
Hell's Kitchen
Restaurant Row & Nightlife
Hell's Kitchen (Clinton) is vibrant, diverse, and food-focused. It stretches west of the Theater District.
Real Estate & Housing Market
Walk-up tenements mix with massive new luxury rental towers (like Sky and Silver Towers).
Lifestyle & Community
The dining scene along 9th Ave is legendary. Very popular with the LGBTQ+ community and Broadway actors.
Transportation & Accessibility
A/C/E at 8th Ave. Port Authority offers buses everywhere.
Parks, Schools & Amenities
Hudson River Park is the backyard. Intrepid Museum nearby.
Who This Neighborhood Is Best For
Best for foodies, theater lovers, and young professionals.
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.