The incident happened on Tuesday, January 4 around 10:40 at night.
On surveillance video, you can see the woman trying to enter the subway at Fulton and Church Streets.
The suspect approached the victim from behind and forcibly grabbed her handbag. She fell down in the process, sustaining a fractured left shoulder and a laceration to her forehead.
She was listed in stable condition at Downtown Beekman Hospital.
The suspect is described as a black woman, 25-30 years old, 5'10' to 5'11'tall and weighing 190-200 lbs. She was also wearing a baseball cap, black jeans, a black jacket and black boots.
Anyone with information in regards to this incident is asked to call Crime Stoppers at 1-800-577-TIPS (8477). The public can also submit their tips by logging onto the Crime Stoppers website at www.nypdcrimestoppers.com or by texting their tips to 274637 (CRIMES) then enter TIP577.