RealtyLens
for saleRealtyLens property overview
$4,000,000

50 Gramercy Park N Apt 5B

New York, NY, 10010
View more New York, NY property pages
3Beds
3.5Baths
2,729Sqft
$1466$/sqft

Comps

Listing Notes

Perfectly perched overlooking New York City's prettiest private parks, Gramercy Park, this beautifully renovated and sun-drenched three bedroom and three and a half bath loft-like home offers 2, 729sf (254sm) of expansive living space with 12ft ceilings and captivating walls of glass. Residents at 50 Gramercy Park North enjoy the privacy of a 23-unit Cooperative with condo rules offering a superb level of service. Amenities which include a fulltime doorman, private storage and a coveted key to Gramercy Park. A well-proportioned entry gallery leads to the impressive 28 X 23 double height Great Room punctuated by a handsome fireplace and 12 floor to ceiling walls of glass onto Gramercy Park. This expansive south facing sun-pierced room provides ample space for separate living and dining areas. The marvelously spacious custom windowed kitchen adjacent the living space includes a large center island and additional space for casual dining. Beyond the living space, a separate hall leads to three bedroom suites each with their own baths distinguished by Waterworks fixtures and marble tiling throughout. The corner primary bedroom suite includes a new over-sized bath with double sinks, stall shower and soaking tub and custom walk-in closet. A second bedroom suite is quietly tucked away off the entry gallery. The third bedroom suite doubles as a comfortable office overlooking Gramercy Park and offers a cozy contrast to the larger living space. A powder room off the entry and laundry closet complete the layout. Finishes include hardwood flooring, central air-conditioning, custom window treatments and custom lighting. 50 Gramercy Park North, entirely new architecture completed in 2006 by John Pawson Architect, crowns the northern tip of Gramercy Park and forms part of the Gramercy Park Historic District. The park is surrounded by original mid-19th century townhouses and includes the National Arts Club and Players Club. The preserved landmark building facades blend seamlessly with the modern architecture to create a timeless centerpiece in the heart of one of the most desirable squares in New York City. Capital Assessment: $4, 503.88/month through December 31, 2026 for Capital Improvements: Local Law 11, Cooling Tower replacement, Elevator modernization, Lobby renovation.

Market Insights

Below nearby median-32%

$1466/sqft vs a nearby median of $2145/sqft.

Nearby median$2145/sqft
Nearby properties8
Property size2,729 sqft
  • -32% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 2,729 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$6.35M$5.67M$7.03M · 33% confidence
vs ask $4.00M−$2.35M (−58.8%)

Asking price is about 58.8% below the fair value — likely to draw competing offers if it's still on market.

$2,145/sqft median across 4 tight comps × 2,729 sqft= $5.85M
  • Transit access+$234k +4.0%
  • Pre-war character+$146k +2.5%
  • High-density walkability+$117k +2.0%
Cumulative NYC adjustments+$498k+8.5%

Property Read

FreshnessCurrent market data

The listing facts are current enough for an initial property review.

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 Read2 items to check
AI ReadinessReady to analyze
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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
48 days
Last price change
No change recorded
Listed
Mar 25, 2026
Photos
14 photos
Property type
coop
Status
for sale

Features & Amenities

Central AirDoormanElevatorGymFireplaceHardwood FloorsRecreation FacilitiesTwo Or More StoriesElevatorLarge Kitchen IslandOversized IslandHuge IslandWalk In ClosetOfficeDenGreat RoomSoaking TubPark

Photos

Building Facts

Year built
1924
Stories
17
Total units
21
Residential units
21
Building area
1.50 ac
Lot size
8,019 sqft
Land use
Multi-family elevator buildings
Building class
D4

From NYC public records where available.

Price History

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

Public Records

DOB violations3 open

20 total recorded against the building

HPD violations0 open

2 total recorded

ACRIS documents54

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

311 calls (12 mo)11,156

Top: encampment

Top complaint types in ZIP 10010

  • Encampment2,198
  • HEAT/HOT WATER707
  • Homeless Person Assistance680
  • Noise - Residential617
  • Noise602

Recent DOB

  • Apr 29, 2021V-DOB VIOLATION - ACTIVE · EGRADE-FAILURE TO POST ENERGY GRADE/SCORE NONE
  • Mar 5, 2020V*-DOB VIOLATION - Resolved · E-ELEVATOR ELEVATORREQUIRED
  • Mar 5, 2020V*-DOB VIOLATION - Resolved · E-ELEVATOR ELEVATORREQUIRED
  • Mar 20, 2018V*-DOB VIOLATION - Resolved · E-ELEVATOR ELEVATORREQUIRED

Recent HPD

  • Nov 29, 2016Class I · §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITE...
  • Oct 20, 2015Class I · SECTION27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE ?27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PRO...

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.