$2,995,000
$505K PRICE DROP

50 W 47th St Unit 1609 New York, NY 10036

Midtown Neighborhood

Estimated payment $22,311/month

Total Views 15,203
-- Bed
2 Baths
2,265 Sq Ft
$1,322 Price per Sq Ft

Highlights

  • River View
  • 2-minute walk to 47-50 Streets-Rockefeller Center
  • 3-minute walk to MMC Plaza
  • Clinton School Rated A
  • High-Rise Condominium

About This Home

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

Listing Agent

Richard Nassimi

Douglas Elliman Real Estate License #10301222206 Listed on: 03/15/2024

Douglas Elliman Real Estate

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2009

HOA Fees

  • $3,500 Monthly HOA Fees

Home Design

  • Entry on the 16th floor

Interior Spaces

  • 2 Full Bathrooms
  • 2,265 Sq Ft Home
  • River Views
  • Washer Dryer Allowed

Utilities

  • No Cooling

Community Details

  • 101 Units
  • High-Rise Condominium
  • Midtown Subdivision
  • 36-Story Property

Listing and Financial Details

  • Legal Lot and Block 1052 / 01262

Property Details

Home Type

Condominium

Year Built

Built in 2009

Lot Details

0

HOA Fees

$3,500 per month

Listing Details

  • Exposures: South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Midtown
  • Entry Level: 16
  • Structure Type: High Rise
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 36

Interior Features

  • Interior Features: Smoke Free
  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area: 2265.0
  • Living Area Units: Square Feet
  • Rooms (Total): 7
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2

Exterior Features

  • View: River
  • View: Yes
  • Exterior Features: None, Private Outdoor Space Under 60 Sqft
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building None
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 3500.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 101
  • Total Stories: 36
  • Year Built: 2009

Tax Info

  • Tax Block: 01262
  • Tax Lot: 1052

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2025 02/27/25 Price Changed $2,995,000 -7.8% $1,322 / Sq Ft
07/26/2024 07/26/24 Price Changed $3,250,000 -7.1% $1,435 / Sq Ft
03/15/2024 03/15/24 For Sale $3,500,000 -- $1,545 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10986362

Real Estate Board of New York (REBNY)

APN: 620100-01262-1702