by RH Advisors

Check Availability
$4,650,000
↓ $350K (7%)
Co-op - For Sale

50 Gramercy Park N #3B

Manhattan, NY 10010
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2729 Sqft
$37,883
Estimated Monthly
$15,050
HOA / Fees
-2.23%
Cap Rate

About This Property

IT'S OFFICIAL: Gramercy Park Hotel Bought by Luxury Hotelier I Grand Plans Ahead
Rooms to become luxury suites.  Maialino commencing redo.

CUSTOM MADE FOR GRAND ENTRANCES:   APARTMENT 3B
A twenty-four foot entry gallery delivers one to the magnificent interior of this exceptional residence: a voluminous great room graced with massive textured plaster walls and soaring 12 foot high ceilings overlooking the coveted verdant square through incredible floor-to-ceiling "Walls of Glass".  Absolutely fabulous for entertaining,  this stunning south-facing great room is filled with the park and the sky where every season is magnified and on full display.  Also beckoning quiet evenings in front of the wood-burning fireplace, this 2729 square foot loft-like design delivers a lovely light-filled, floor-through continuum via humongous southern and northern exposures. Simply stunning.

The jewel-like, park-facing library with adjacent study/office, enriched by beautiful Wenge paneling, provides a rather swank spot to read or watch the telly. Study closes for complete privacy for zoom meetings or videotaping. Could be a 3rd bedroom.

Pure aesthetic reveals itself in the new chefs kitchen designed by the owner, an aficionado of the culinary arts and pleasures.  Custom made in Brooklyn, the gigantic 115" x 54" island is constructed of the finest stainless steel with a fully integrated 45" x 18" dish drain sink.  Full wall backsplash is white subway tile and touches of warm wood mix with the stainless finishes.  Handsome.  This immaculate design includes everything necessary for the experience. Excepting the Wolf range, complete with pot filler, all appliances are stainless steel and by Sub-Zero: full size glass refrigerator, matching wine storage (140+ capacity), separate ice maker, two under-counter freezer drawers. Full height under-counter glider drawers and open shelving provide quick easy access.

Both ensuite bedrooms are quietly tucked away from the grand entertaining. Primary suite features custom closets outfitted in Grey Oak by Poliform and a spa-like bath with travertine double basins, heated floor, a deep soaking tub and a large steam shower.  The serene Zen-like second bedroom is a result of its luxurious cashmere lined walls, a most elegant sound-proofing.

Misc: Roman travertine from Tivoli is featured throughout the apartment as well as white oak floors. All new HVAC, new solid walnut doors and hardware. Sound system installed.

Created by Ian Schrager and designed by acclaimed British architect, John Pawson, 50 Gramercy Park North is the perfect combination of storied history and modern luxury.  Located on Manhattan's last private park, 50 GPN is a discreet boutique cooperative run with condo rules, and offering its residents 24 hour doorman and concierge, and most importantly, a key to Gramercy Park.  Shown by Appointment.  *Hotel services (in-room dining, housekeeping, valet, catering) will resume with the re-opening of the Gramercy Park Hotel.

Established in the 1830's by Samuel B. Ruggles, Gramercy Park, remains a well-kept respite from the hustle and bustle of Manhattan. Steeped in history and period architecture, it remains appealing to all generations, ensconced just north of the ever-evolving, ever current restaurant row of historic Irving Place. 3B overlooks the original townhouses that still grace Gramercy Park West and the beautiful structures lining the southern edge, among them the National Arts and Players Clubs.

Link WSJ: https://www.wsj.com/real-estate/luxury-homes/new-yorks-famous-gramercy-park-hotel-to-reopen-after-renovations-under-new-operator-3a8ed792
Unit Size
2,729Ft²
Days on Market
711 days
Land Size
-
Price per sqft
$1,704
Property Type
Co-op
Property Taxes
-
HOA Dues
$15,050
Year Built
1924
Last updated: 26 days ago (RLS #COMP-1050605384223929497)

Price History

Date / Event Date Event Price
Feb 21, 2024 Price Decreased $4,650,000
↓ $350K (7%)
Price Decreased
Feb 13, 2024 Relisted $5,000,000
Relisted
Feb 2, 2024 No longer available -
No longer available
May 18, 2022 Listed by Compass $5,000,000
Listed by Compass
Oct 23, 2019 No longer available -
No longer available
Show More

Property Highlights

Doorman
Elevator
Garage
Parking Available
Air Conditioning
Fireplace
Parking Details
Parking Features: Valet
Interior Details

Bedroom Information

Bedrooms: 3

Bathroom Information

Full Bathrooms: 2
Half Bathrooms: 1

Interior Information

Interior Features: Chandelier, Double Vanity, Entrance Foyer, Eatin Kitchen, High Ceilings, Kitchen Island, Recessed Lighting, Soaking Tub, Walk In Closets
Appliances: Dryer, Dishwasher, Range, Refrigerator, Range Hood, Stainless Steel Appliances, Wine Cooler, Washer
Flooring Type: Hardwood
Living Area: 2729

Room Information

Laundry Features: Building Washer Dryer Install Allowed, Common Area
Rooms: 5

Fireplace Information

Has Fireplace
Fireplaces: 1

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
3 Beds
4 Baths
2,498 ft²
$1,828/ft²
$4,567,500 Sep 24, 2019
$4,567,500 Feb 4, 2022
$7,201/mo
Co-op
3 Beds
4 Baths
2,988 ft²
$1,322/ft²
$3,950,000 Sep 22, 2018
$3,950,000 Aug 9, 2022
$15,617/mo
Condo
3 Beds
4 Baths
2,402 ft²
$1,915/ft²
$4,600,000 Aug 6, 2020
$4,600,000 Aug 20, 2020
$7,333/mo
Condo
3 Beds
4 Baths
2,504 ft²
$2,056/ft²
$5,147,846 Aug 22, 2018
$5,147,846 Oct 3, 2019
$7,641/mo
Condo
3 Beds
4 Baths
2,422 ft²
$2,062/ft²
$4,995,000 Oct 11, 2022
$4,995,000 May 4, 2023
$8,046/mo
Co-op
3 Beds
2.5 Baths
2,500 ft²
$2,040/ft²
$5,100,000 May 15, 2014
$5,100,000 Feb 5, 2021
$4,129/mo
Condo
3 Beds
3 Baths
2,814 ft²
$1,937/ft²
$5,450,000 Apr 15, 2024
-
$4,280/mo
Condo
3 Beds
4 Baths
2,797 ft²
$1,786/ft²
$4,995,000 May 19, 2023
-
$8,767/mo
Condo
3 Beds
3 Baths
2,819 ft²
$1,951/ft²
$5,500,000 Mar 14, 2024
-
$4,188/mo
Condo
3 Beds
4 Baths
2,310 ft²
$1,948/ft²
$4,500,000 Feb 20, 2024
-
$6,952/mo
Condo
3 Beds
4 Baths
2,510 ft²
$2,114/ft²
$5,305,000 May 10, 2022
-
$6,310/mo
Condo
3 Beds
4 Baths
2,139 ft²
$2,102/ft²
$4,497,000 Mar 5, 2024
-
$7,095/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190103 Unit 11
01/03/2019
11
4 Bed
5 Bath
3917 ft²
$8,900,000
bedrooms
4 Bed
bathrooms
5 Bath
square feet
3917 ft²
$7,800,000 -12.36%
06/27/2019
-
Jorge Lopez
Compass
20180922 Unit 14A
09/22/2018
14A
3 Bed
4 Bath
2988 ft²
$6,950,000
bedrooms
3 Bed
bathrooms
4 Bath
square feet
2988 ft²
$3,950,000 -43.17%
08/09/2022
-
Kirk Rundhaug
Compass
20180403 Unit PH
04/03/2018
PH
5 Bed
4 Bath
4200 ft²
$8,500,000
bedrooms
5 Bed
bathrooms
4 Bath
square feet
4200 ft²
$6,400,000 -24.71%
02/13/2019
Anna Shagalov
Brown Harris Stevens Residential Sales LLC
20180129 Unit 12A
01/29/2018
12A
2 Bed
3 Bath
1848 ft²
$3,950,000
bedrooms
2 Bed
bathrooms
3 Bath
square feet
1848 ft²
$3,400,000 -13.92%
08/22/2018
-
Erin Boisson Aries
Douglas Elliman Real Estate
20170315 Unit 12A
03/15/2017
12A
2 Bed
3 Bath
-
-
bedrooms
2 Bed
bathrooms
3 Bath
-
-
-
-
20170221 Unit 15AB
02/21/2017
3 Bed
2 Bath
3809 ft²
$9,500,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
3809 ft²
-
-
-
Kirk Rundhaug
Compass
20170221 Unit 12B
02/21/2017
12B
3 Bed
3 Bath
2032 ft²
$6,250,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
2032 ft²
-
-
-
Kirk Rundhaug
Compass
20161117 Unit 8AB
11/17/2016
8AB
4 Bed
4 Bath
4710 ft²
$10,800,000
bedrooms
4 Bed
bathrooms
4 Bath
square feet
4710 ft²
-
-
-
Avichay Alkotzer
Compass
20160419 Unit 9B
04/19/2016
9B
3 Bed
4 Bath
2873 ft²
$7,500,000
bedrooms
3 Bed
bathrooms
4 Bath
square feet
2873 ft²
$7,300,000 -2.67%
09/13/2016
Fredrik Eklund
Douglas Elliman Real Estate
20160401 Unit 7A
04/01/2016
7A
4 Bed
4.5 Bath
3477 ft²
$7,495,000
bedrooms
4 Bed
bathrooms
4.5 Bath
square feet
3477 ft²
$7,710,000 +2.87%
09/01/2016
Fabienne Terwinghe
TOWN Residential, LLC.
20150930 Unit 15AB
09/30/2015
3 Bed
2 Bath
3809 ft²
$11,950,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
3809 ft²
-
-
-
Howard Margolis
Prudential Douglas Elliman Real Estate
20150505 Unit 6A
05/05/2015
6A
3 Bed
3.5 Bath
2151 ft²
$5,495,000
bedrooms
3 Bed
bathrooms
3.5 Bath
square feet
2151 ft²
-
-
-
Anna Zuzolo
Brown Harris Stevens Residential Sales LLC
20150301 Unit PH
03/01/2015
PH
3 Bed
3 Bath
4235 ft²
$12,000,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
4235 ft²
-
-
-
Constance Southwick
Corcoran Group
20150119 Unit 9B
01/19/2015
9B
3 Bed
3.5 Bath
2873 ft²
$7,750,000
bedrooms
3 Bed
bathrooms
3.5 Bath
square feet
2873 ft²
-
-
-
Eleonora Johnson
Executive Brokers LLC
20150105 Unit 3B
01/05/2015
3B
3 Bed
2.5 Bath
2729 ft²
$8,000,000
bedrooms
3 Bed
bathrooms
2.5 Bath
square feet
2729 ft²
-
-
-
Harry Nasser
Sothebys International Realty
20140707 Unit PARK12A
07/07/2014
2 Bed
2 Bath
1848 ft²
$3,850,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1848 ft²
-
-
-
Rachel Field
Corcoran Group
20131004 Unit 16A
10/04/2013
16A
3 Bed
4 Bath
2988 ft²
$10,900,000
bedrooms
3 Bed
bathrooms
4 Bath
square feet
2988 ft²
$5,950,000 -45.41%
05/13/2015
-
Kirk Rundhaug
Compass
20130826 Unit 5A
08/26/2013
5A
3 Bed
3.5 Bath
2150 ft²
$5,995,000
bedrooms
3 Bed
bathrooms
3.5 Bath
square feet
2150 ft²
-
-
-
Daniela Kunen
Prudential Douglas Elliman Real Estate
20121115 Unit 10
11/15/2012
10
3 Bed
4 Bath
3066 ft²
$10,800,000
bedrooms
3 Bed
bathrooms
4 Bath
square feet
3066 ft²
-
-
-
Condina Di
Compass
20120926 Unit 6A
09/26/2012
6A
3 Bed
3 Bath
2150 ft²
$6,500,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
2150 ft²
$4,500,000 -30.77%
12/21/2012
I. Dolly
Elliman
20090109 Unit 15AB
01/09/2009
3 Bed
2.5 Bath
3809 ft²
$9,950,000
bedrooms
3 Bed
bathrooms
2.5 Bath
square feet
3809 ft²
$6,300,000 -36.68%
06/04/2009
Sofia Dmitriyeva
Brown Harris Stevens Residential Sales LLC

Building Info

50 Gramercy Park North 50 Gramercy Park North, New York, NY 10010
  • 21 Units
  • 2 Units for Sale
More about this Building
50 Gramercy Park North
Want to find out who owns 50 Gramercy Park North, New York, NY 10010? Get detailed property transactions here .

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