The International Gem Tower

The International Gem Tower is a condo located 50 West 47th Street, in Midtown, New York. The building was first built in 2009 and is 15 years old. The lot that the building was built on is 130 feet wide and 200 feet long. The official lot area is listed as 24,000 square feet. The building itself is 104 feet wide and 200 feet long. In total, 50 West 47th Street has a total floor area of 488,441 square feet. About 488,441 square feet of the building are used for commercial purposes. Additionally, the building has a 21,166 square feet garage. There are 103 commercial units. 50 West 47th Street has a total of 36 floors. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? There are many great amenities and features for residents in the building. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! For those who love to work out, there is a fitness center. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! There are 127 closings on record, of which we have matching data for 1 listings. In the past 3 years, a listing in this building will typically remain on the market for about 112 days Meaning, listings tend to sell at a median of $1,044 price per square foot. The transaction that took the longest to complete was unit 3B, listed on Mar 09, 2022 for $1,988,000. This particular unit ultimately sold 112 days later for $1,112,500. The most recent transaction was for unit 16L, sold for $2,500,000 on Feb 14, 2024. Fun fact, the oldest transaction we have on record took place on Apr 01, 1975. See the full transaction history for The International Gem Tower below.

Midtown, where 50 West 47th Street is located, has a median asking price of $2,000,000 for condo buildings. Meanwhile, the building itself has a median asking price of $1,988,000. For interested buyers, that means the building's median asking price is around 0.01% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $3,500,000. It is a 2,265 sqft studio-bedroom and 2-bathroom unit.