The listing facts are current enough for an initial property review.
50 W 47th St Ste 1808
Listing Notes
Situated in the heart of Manhattan's renowned Diamond District, the office condominium at the Gem Tower, 50 West 47th Street, is a premier Class A office space designed to meet the highest standards of modern businesses. This state-of-the-art facility features a sleek glass facade, cutting-edge security, and premium amenities that reflect the exclusivity and sophistication of the Gem Tower. Each office suite provides an open, versatile layout with floor-to-ceiling windows offering abundant natural light and exceptional views of the New York City skyline. Key highlights include advanced HVAC systems, 24/7 secure access, and LEED-certified sustainability features, making it an ideal choice for businesses seeking luxury, efficiency, and environmental responsibility. Tenants enjoy proximity to world-class dining, shopping, and transportation options, making it a prime location for firms that value both prestige and convenience. State-of-the-art vault facility Secure valet parking Modern infrastructure for jewelry manufacturing State-of-the-art health and fitness center LEED Certified Biometric access control G4S guarding services State-of-the-art closed-circuit monitoring
Market Insights
$1735/sqft vs a nearby median of $1527/sqft.
- +14% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 3,170 sqft creates a usable price-per-square-foot read.
Pricing Read
Asking price is about 8.0% above where comps + adjustments land — there is room to negotiate.
- Transit access+$194k +4.0%
- Days-on-market gravity−$145k −3.0%
- High-density walkability+$97k +2.0%
- Modern construction+$73k +1.5%
Property Read
The property is priced above the nearby median per square foot, so condition, building quality, and exact location need to justify the higher ask.
Price history is still limited; review again as more market activity becomes available.
Generate a buyer-agent read of this listing — pricing, risks, comp check, and negotiation leverage. Takes a few seconds.
Generated from the facts shown on this page and nearby market data. Not a professional appraisal.
Listing Details
- Days on market
- 476 days
- Last price change
- No change recorded
- Listed
- Jan 22, 2025
- Photos
- 18 photos
- Property type
- condos
- Status
- for sale
Features & Amenities
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
Public Records
78 total recorded against the building
0 total recorded
Tax-lot deed, mortgage, and transfer records on file
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.