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Off market
  • Tax assessed value
    $21,054,000

    50 Gramercy Park N, New York, NY 10010

    5beds
    4,200sqft
    Cooperative
    Built in 1924
    -- sqft lot
    $-- Zestimate®
    $5,013/sqft
    $39,000 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $39,000/mo

    Zestimate® history
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    What's special

    Overlooking the most coveted private park in Manhattan, the Penthouse at 50 Gramercy Park North awaits it's discerning owner. Enter onto the private landing and step into a gracious foyer that leads to a stunning, sun filled, southern exposure living room with floor to ceiling windows and clear open views of downtown Manhattan. Open the doors to the planted Juliet balcony and let the air of the Park below embrace you. Flanked by a reading room with wood burning fireplace to its right and a bright corner dining room on its left, the first floor spans 50 feet of open Gramercy Park frontage. Open them all to each other for grand entertaining or close them off for individual private respites. Enjoy a large windowed kitchen with a cozy eastern facing breakfast area. The first floor also boasts a marble powder room and 3 large bright bedrooms, 2 of which have ensuite bathrooms. A long hallway with washer/dryer and ample of closets throughout. Take the elegant curved stairwell to the master floor and terraces. The enormous master suite with gorgeous city views features its own wood burning fireplace, 2 walk-in closets and a zen like windowed master bath complete with soaking tub, separate walk in shower room, private toilet room, and dual vanity. A separate room sits at the top of the stairs and serves as a perfect 5th bedroom or a fabulous office. Multiple doors lead to the grand 50 foot wide south facing terrace overlooking Gramercy Park and all of downtown Manhattan. To the north lies a separate large terrace perfect for dining al fresco. 1000 square feet of terraces combined. 50 Gramercy Park is a prestigious yet low-key full service boutique building with the best door staff you can find, an on-site building manager, and super. The building, designed by the renowned architectural designer John Pawson and developed by Ian Schrager, adjoins the coveted Gramercy Park Hotel and offers exclusive access to all its amenities such as gym, valet parking, cleaning service, childcare service, spa, room service, conference rooms, catering from Maialino Restaurant and plenty more. Of course you will also receive a key to the park. This is a unique offering at an unbeatable price. The beautiful Gramercy Park neighborhood offers an array of celebrated restaurants and shopping. Shop at New York's largest farmers market at Union square, Wholefoods and a slew of smaller boutiques. Dine and drink at New York's finest restaurants including the world's number, Eleven Madison to Gramercy Tavern, Upland, ABC, Cosme, to hidden speakeasy gems like Dear Irving, Ampersand and Rose Bar. Easy access to transportation to the whole city. The elite residences on the perimeter of the Park itself retains some of the most exceptional architecture in Manhattan and is still coveted as one of the most desirable neighborhoods to reside in. NOTE: The monthlies reflect a 50% 5 year seller maintenance abatement. 4% Commission to Selling Agent!

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Cooling
    • Central
    Appliances
    • Included: Dryer, Washer
    Interior area
    • Total interior livable area: 4,200 sqft

    Property

    Features
    • Has view: Yes
    • View description: City
    Lot
    • Size: 7,998 Square Feet
    Details
    • Parcel number: 008770013

    Construction

    Type & style
    • Home type: Cooperative
    Condition
    • Year built: 1924

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $13,585 monthly
    Location
    • Region: New York

    Financial & listing details

    • Price per square foot: $5,013/sqft
    • Tax assessed value: $21,054,000
    • Annual tax amount: $1,113,802

    Price history

    DateEventPrice
    5/18/2022Sold$72,000-99.1%$17/sqft
    Source: Public Record Report a problem
    2/15/2019Listing removed$8,300,000$1,976/sqft
    Source: Halstead Real Estate #17962295 Report a problem
    11/21/2018Pending sale$8,300,000$1,976/sqft
    Source: Halstead Property #17962295 Report a problem
    7/3/2018Price change$8,300,000-2.4%$1,976/sqft
    Source: Halstead Property #17962295 Report a problem
    4/3/2018Listed for sale$8,500,000+10.2%$2,024/sqft
    Source: Halstead Property #17962295 Report a problem
    9/12/2016Sold$7,710,000+29.6%$1,836/sqft
    Source: Public Record Report a problem
    5/28/2015Sold$5,950,000-5.6%$1,417/sqft
    Source: Public Record Report a problem
    3/3/2015Sold$6,300,000+31.6%$1,500/sqft
    Source: Public Record Report a problem
    5/21/2014Sold$4,785,775+6.4%$1,139/sqft
    Source: Public Record Report a problem
    1/8/2013Sold$4,500,000-1.1%$1,071/sqft
    Source: Public Record Report a problem
    11/2/2012Sold$4,550,000-35%$1,083/sqft
    Source: Public Record Report a problem
    12/13/2011Sold$7,000,000-68.2%$1,667/sqft
    Source: Public Record Report a problem
    3/1/2011Sold$22,010,531+76.1%$5,241/sqft
    Source: Public Record Report a problem
    1/3/2008Sold$12,500,000+145.5%$2,976/sqft
    Source: StreetEasy #S59698 Report a problem
    10/31/2007Sold$5,091,250-30.6%$1,212/sqft
    Source: Public Record Report a problem
    7/21/2007Sold$7,331,400-28%$1,746/sqft
    Source: Public Record Report a problem
    4/24/2007Sold$10,182,500$2,424/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,113,802 0%$9,474,300 +11.2%
    2024$1,114,041 +0.9%$8,520,750 +4.3%
    2023$1,103,797 $8,173,350 -11%
    2022-- $9,184,050 -1.2%
    2021-- $9,292,500 -10.8%
    2020-- $10,422,000 +5.5%
    2019$983,881 -11.5%$9,874,350 +4.3%
    2018$1,111,686 +1.5%$9,463,050 +2.2%
    2017$1,095,716 +22.2%$9,259,650 +6.3%
    2016$896,695 $8,713,350 +3.8%
    2015$896,695 +114.6%$8,398,350 +1.9%
    2014$417,803 $8,238,150 -2.7%
    2013-- $8,464,500 +2.8%
    2012-- $8,230,950
    2011-- $8,230,950 +2.1%
    2010-- $8,059,500 -10.9%
    2009-- $9,045,000 +6%
    2008-- $8,536,500 +7.6%
    2007-- $7,935,750
    Find assessor info on the county website

    Neighborhood: Gramercy

    Nearby schools

    GreatSchools rating