Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $3,400,000

· Closed August 22, 2018

50 GRAMERCY Park N #12A
Closed For Sale Condop

$3,400,000

$1,840 per sq ft

50 GRAMERCY Park N #12A

Gramercy Park, Manhattan

MLS® #RLS10842698

RLS at REBNY

Listing by Christie's International Real Estate

2

Bedrooms

2.5

Baths

1,848

Sq. Ft.

1924

Year Built

Quick Summary

Bedrooms 2
Bathrooms 3 full, 1 half
Living Area 1,848 sq ft
Lot Size 7,999 sq ft
Year Built 1924
Ownership Condop
HOA/Common Charges $7,620/mo
Neighborhood Gramercy Park
Floor 12 of 17

Property Highlights

  • Views: Park Greenbelt
  • Exposure: South facing
  • Fireplace: Wood-burning or decorative fireplace

Property Details

Type Condop
Ownership Condop
Total Rooms 5
Baths 2 Full, 1 Half
Floor 12 of 17
View Park Greenbelt
Exposure South
Cooling Central Air
Pets Yes
Year Built 1924
Living Area 1,848 sq ft
Architectural Style Prewar
Lot Size 7,999 sq ft

Listing History

Event Date Price Change
Listed Jan 29, 2018 $3,950,000 -
Currently Jun 5, 2026 $3,400,000 -13.9%

Description

GRAMERCY PARK VIEWS AND FULL SERVICE This striking Gramercy Park residence delivers unmatched direct onto the park views to the south, elegant modern finishes, hotel services, and a coveted key to Gramercy Park, the only private park in all of Manhattan. Residents of 50 Gramercy Park North enjoy many benefits from the Gramercy Park Hotel, including membership to its fitness center, room service provided by famed restaurateur Danny Meyer and proximate access to the exclusive Rose Bar at the hotel's lobby. Designed by world-renowned architect, John Pawson, this stunning high floor two-bedroom, two-and-a-half-bathroom apartment boasts a perfect layout that's effortlessly calming and utterly luxurious. From the gracious light-flooded living room, the South-facing floor-to-ceiling windows provide expansive "so-close-you-can-almost touch-it" Gramercy Park views. The wood burning fireplace is ideally situated to be enjoyed from any area in the open entertaining space. There is a very large and usable dining area, plus additional seating area ideal for park viewing. Providing ultimate privacy and quiet, the expansive master suite holds an exceptionally large walk-in closet and a spa-like master bath adorned with travertine marble. Both the master and the second bedroom feature en-suite baths, and there is an additional powder room ideally located away from the bedroom quarters. The kitchen showcases Miele appliances, a Sub-Zero Refrigerator and Italian lacquered cabinetry. Set in the award-winning Gramercy Park Hotel building designed by Julian Schnabel, this unique residence includes around-the-clock access to a long list of world-class hotel amenities: fitness center, spa services, housekeeping, room service, butler and valet, childcare and dog walking, event planning and catering, personal shopping and car wash. Subletting and pieds-a-terre are allowed. Pet friendly building. The surrounding Gramercy Park neighborhood, with proximity to NoMad and Union Square, stands ready with an abundance of nightlife, shopping, entertainment and dining just moments away, including: Maialino, Cosme, Sugarfish, Union Square Cafe, Gramercy Tavern, Friend of a Farmer and Bedford Cheese Shop.

Features & Amenities

Interior Features

Fireplace

Appliances

Dryer Washer Dryer Allowed Washer

Building Information

Building Data View Compliance & Permits
Total Units 23
Stories 17
Style Prewar

Financial Details

Common Charges $7,620/mo
Original Price $3,950,000
Sale Price $3,400,000

Gramercy Park is one of New York City’s most storied and architecturally distinctive neighborhoods, centered around the only private park in Manhattan. The area exudes old-world charm with its gas-lit streets and impeccably preserved 19th-century architecture. While the park itself is private, the surrounding real estate offers a mix of historic brownstones, elegant pre-war cooperatives, and boutique new developments that cater to those seeking a low-traffic urban retreat.

Gramercy Park Live Market Data

View Neighborhood

Active Listings

176

Median Asking Price

$1.40M

Median $/Sqft

$1,732

Avg Days on Market

N/A

New This Week

6

Price Reduced

30%

Sold (30 Days)

25

Median Sale Price

$1.34M

Live data from RLS at REBNY • Updated 6/5/26, 12:24 AM EST

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Location

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50 GRAMERCY Park N #12A, Gramercy Park, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1924
Year Built
102 years old
17
Floors
21
Residential Units
R9A
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $10,127,700
Land Value: $4,770,000
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 7,999 SF
Building Area: 65,480 SF
Built FAR: 8.19
Allowed FAR: 7.52

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $7,620 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 bedrooms and 2 full bathrooms and 1 half bathroom.

The listed interior living area is 1,848 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1924, making it approximately 102 years old.

This listing is a condop, a hybrid structure where the building is legally a co-op but individual units are sold with greater flexibility, often including subletting rights similar to condos.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $3,400,000 for 1,848 sq ft, the asking price per square foot is approximately $1,840. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10842698
First Listed: 1/29/2018
Closed: 8/22/2018
Contract Date: 1/29/2018

Listing Courtesy of Christie's International Real Estate - Erin Aries

Listing Contact: (917) 701-7012

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing 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. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 6/5/2026 at 4:24 AM UTC

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