RealtyLens
for saleRealtyLens property overview
$2,995,000

50 W 47th St Ste 1609

New York, NY, 10036
View more New York, NY property pages
StudioBeds
2Baths
2,265Sqft
$1322$/sqft

Market Insights

Below nearby median-32%

$1322/sqft vs a nearby median of $1929/sqft.

Nearby median$1929/sqft
Nearby properties8
Property size2,265 sqft
  • -32% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 2,265 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$4.57M$4.16M$4.98M · 50% confidence
vs ask $3.00M−$1.57M (−52.5%)

Asking price is about 52.5% below the fair value — likely to draw competing offers if it's still on market.

$1,929/sqft median across 8 tight comps × 2,265 sqft= $4.37M
  • Transit access+$175k +4.0%
  • Days-on-market gravity−$131k −3.0%
  • High-density walkability+$87k +2.0%
  • Modern construction+$66k +1.5%
Cumulative NYC adjustments+$197k+4.5%

Property Read

FreshnessVerification recommended

The page is useful for research, but the status and price should be verified before acting.

Market Position-32% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read1 item to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
787 days
Last price change
No change recorded
Listed
Mar 16, 2024
Photos
12 photos
Property type
condos
Status
for sale

Photos

Building Facts

Year built
2009
Stories
36
Total units
110
Building area
11.19 ac
Lot size
24,000 sqft
Land use
Commercial and office buildings
Building class
RC

From NYC public records where available.

Price History

May 4, 2026Initial record
$2,995,000for sale

Public Records

DOB violations2 open

78 total recorded against the building

HPD violations0 open

0 total recorded

ACRIS documents0

Tax-lot deed, mortgage, and transfer records on file

311 calls (12 mo)22,287

Top: homeless person assistance

Top complaint types in ZIP 10036

  • Homeless Person Assistance2,405
  • Illegal Parking2,060
  • Encampment1,795
  • Air Quality1,253
  • Noise - Residential962

Recent DOB

  • Oct 27, 2021V*-DOB VIOLATION - Resolved · E-ELEVATOR ELEVATORREQUIRED
  • Oct 27, 2021V*-DOB VIOLATION - Resolved · E-ELEVATOR ELEVATORREQUIRED
  • Oct 27, 2021V*-DOB VIOLATION - Resolved · E-ELEVATOR ELEVATORREQUIRED
  • Oct 24, 2019V*-DOB VIOLATION - Resolved · E-ELEVATOR ELEVATORREQUIRED

Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.