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  • Price cut: $7K (6/1)
    $988,000

    501 3rd Ave #5G, New York, NY 10016

    0beds
    605sqft
    Loading
    Condominium
    Built in 2021
    -- sqft lot
    $984,300 Zestimate®
    $1,633/sqft
    $1,178/mo HOA

    What's special

    Same white oak floorsGenerous closetsSame marble bathSame miele kitchen
    At 605 sq ft, Residence 5G is the footprint of Eastlight's one bedrooms at a studio price. Run the numbers per square foot. We did, and we'll show you. Here is the math most listings hope you skip. Eastlight's one bedrooms run 606 to 831 square feet and ask well over $ 1.3 million. Residence5G gives you 605 square feet for $988,000, which works out to $1633 per square foot, the best space-per-dollar ratio of any studio currently available in the building. Same white oak floors, same Miele kitchen, same marble bath. Just more of it, for less. And that square footage is not hallway math. The layout lives like a junior one-bedroom, with a true sleeping area that takes a queen bed plus nightstands, a living and dining space that fits an actual sofa and an actual table at the same time, and floor-to-ceiling, sound-attenuated windows across the main wall. Add an in-unit Bosch washer and dryer, generous closets, and a wide entry foyer that keeps the kitchen, bath, and living areas from crowding each other. The building holds up its end. Eastlight is a full-service, 2021-built condominium by CetraRuddy with a 34th-floor amenity suite: fitness center, residents lounge, private dining room, and a rooftop terrace with grills and skyline views that come with your common charges rather than your purchase price. Downstairs, you are two blocks from Trader Joe's and the 6 train, with Grand Central, NoMad, and the East River Greenway all in walking range. If you have been shopping one-bedrooms in this neighborhood, come see what happens when you stop paying for a wall. Private showings available. Happy to walk you through the full comp table.
    69 days
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    72
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    3
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    Zillow last checked:

    Listing updated:

    Listed by:

    FIND Real Estate 646-248-3012,

    Sophia Lin

    Source: StreetEasy,MLS#: S1829061

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 0
      • Bathrooms: 1
      • Full bathrooms: 1
      Rooms
      • Room types: Bike Room, Package Room
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Washer/Dryer
      • Laundry: Inside
      Features
      • Flooring: Hardwood
      • Has fireplace: No
      Interior area
      • Total structure area: 605
      • Total interior livable area: 605 sqft
      Video & virtual tour

      Property

      Details
      • Parcel number: 009141015
      • Special conditions: Resale

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Condition
      • Year built: 2021

      Community & HOA

      Community
      • Features: Doorman, Full Time Doorman
      • Security: Doorman, Full-Time Doorman
      • Subdivision: Kips Bay
      HOA
      • Has HOA: Yes
      • Amenities included: Laundry, Roof Deck, Fitness Center, Elevator(s), Concierge
      • Services included: Maintenance
      • HOA fee: $1,178 monthly
      Location
      • Region: New York

      Financial & listing details

      • Price per square foot: $1,633/sqft
      • Tax assessed value: $250,457
      • Annual tax amount: $13,164
      • Date on market: 5/19/2026

        Estimated market value

        $984,300

        $935,000 - $1.03M

        $5,206/mo

        Price history

        DateEventPrice
        6/1/2026Price change$988,000-0.7%$1,633/sqft
        Source: StreetEasy #S1829061 Report a problem
        5/19/2026Listed for sale$995,000$1,645/sqft
        Source: StreetEasy #S1829061 Report a problem
        7/11/2025Listing removed$4,850$8/sqft
        Source: Zillow Rentals Report a problem
        6/16/2025Listed for rent$4,850$8/sqft
        Source: Zillow Rentals Report a problem
        6/12/2025Sold$995,000$1,645/sqft
        Source: Public Record Report a problem
        3/11/2025Contingent$995,000$1,645/sqft
        Source: StreetEasy #S1712539 Report a problem
        4/23/2024Listed for sale$995,000-3.2%$1,645/sqft
        Source: StreetEasy Report a problem
        10/3/2023Listing removed--
        Source: StreetEasy Report a problem
        6/29/2023Listed for sale$1,028,000-3%$1,699/sqft
        Source: StreetEasy Report a problem
        3/15/2022Listing removed--
        Source: StreetEasy Report a problem
        2/17/2022Listed for sale$1,060,000$1,752/sqft
        Source: StreetEasy Report a problem
        2/10/2022Listing removed--
        Source: StreetEasy Report a problem
        10/5/2021Listed for sale$1,060,000$1,752/sqft
        Source: StreetEasy Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$13,229 +1.8%$112,705 +6.3%
        2024$13,000 +2.3%$106,011 +2.4%
        2023$12,713 $103,483
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Kips Bay

        Getting around

        100 / 100
        Walker's Paradise
        100 / 100
        Rider's Paradise
        81 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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