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50 Gramercy Park North, #15AB

$4,000,000 ($1,050 per ft2) | 3 beds, 2.5 baths | Approx. 3,809 ft2
Building Profile  | 
3 days on Market

Key Details

  • Listed: Sep 17, 2024
    Days on Market: 3
    Building Type: Condop
    Neighborhood: Gramercy Park (Manhattan)
    Doorman: FT Doorman
Monthly Maintenance: $21,339 ($5.60/ft2)
Est. Monthly Mortgage: $19,641
Total Est. Monthly Carrying Cost: $40,980 ($10.76/ft2)
Note: the above is based on a down payment of 20% ($800,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Spacious and Luxurious Residence: This full-floor residence spans a generous 3,809 sq ft, featuring expansive living areas, a large sunken loft great room with floor-to-ceiling windows and a wood-burning fireplace, and high ceilings throughout. The residence also includes a master suite with its own fireplace and views of Gramercy Park, two additional bedrooms, and two and a half baths.
  • Modern Amenities and Finishes: The residence boasts a modern eat-in kitchen with warm cherry wood and stainless steel finishes, equipped with premium Miele and Sub-Zero appliances. The generous master bedroom features a spacious dressing room and a luxurious en-suite bath.
  • Prime Location: The residence offers uninterrupted views of Gramercy Park, Manhattan’s sole private park, and is in excellent proximity to NoMad and Union Square, with easy access to fine dining, nightlife, shopping, and entertainment venues. It also includes a private key to the park and is close to the subway.
  • Building Amenities: The building offers a range of amenities including access to the Gramercy Park Hotel's David Barton fitness center, room service from Danny Meyers renowned trattoria, Maialino, and more. The building also welcomes pied-a-terres and investors.
  • Additional Features: The residence includes an over-sized formal dining room/library facing the park, and residents benefit from 5-star hotel services. The apartment also includes fireplaces and a key to Gramercy Park.
  • Exclusive Access and Services: Residents have exclusive access to the amenities and services of the adjacent Gramercy Park Hotel, including a full-time doorman/concierge, onsite parking/valet, lounge, event room, business center, laundry facility, outdoor entertainment spaces, housekeeping service, butler service, personal shopping, pet walking, private storage, and more.

Description

Experience unparalleled luxury in this stunning full-floor residence spanning 3,809 sq ft, offering 75 feet of uninterrupted views of Gramercy Park, Manhattan’s sole private park. The exceptional layout is ideal for entertaining, featuring expansive living areas that flow into a large sunken loft great room with floor-to-ceiling windows and a wood-burning fireplace. The master suite overlooks the picturesque Gramercy Park and includes its own wood-burning fireplace for added warmth and charm. The residence also includes two additional bedrooms, two and a half baths, and an over-sized formal dining room/library facing the park.

The modern eat-in kitchen is adorned with warm cherry wood and stainless steel finishes, and is equipped with premium Miele and Sub-Zero appliances. The generous master bedroom features a spacious dressing room and a luxurious en-suite bath, complete with an over-sized oval tub, stall shower, double sinks, and a custom closet designed by Mary Kate Olsen. With only 23 residences, 50 Gramercy Park North provides exclusive access to the amenities and services of the adjacent Gramercy Park Hotel. Homeowners enjoy a private key to the park and benefit from 5-star hotel services, including housekeeping, room service, a gym, concierge service, massage and spa treatments, catering, babysitting, pet walking, valet parking, and access to the hotel’s rooftop garden and meeting rooms.

This unique home offers a lifestyle of effortless luxury and sophistication.

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Listing courtesy of Compass

Pricing History

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About 50 Gramercy Park North

89

50 Gramercy Park North has received a CityRealty Rating of 89, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

25
Out of 44
+
29
Out of 36
+
25
Out of 39
+
10
=
89
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Distinguished 6 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
Well Done 1 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
No, but Very Good 3 out of 3 points
Skyline:
Highly Visible 2 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Not Allowed 2 out of 2 points
Free Standing:
No 0 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
Part of Historic District 1 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Outstanding 5 out of 5 points
Distance To Neighborhood Center:
Less than 40 blocks 2 out of 5 points
Views:
Impressive 3 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Very Little 3 out of 3 points
Protected Views:
Many 2 out of 2 points
Distance To Subway:
Less than 3 Short Blocks 2 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
Less than 3 Short Blocks 2 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
Some 0 out of 1 points

Features Rating: Points Breakdown

Lobby:
Spacious 4 out of 5 points
Units Per Floor:
2 4 out of 5 points
Ceiling:
11-14 Feet 3 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
Yes 1 out of 2 points
Private Gardens:
Substantial 2 out of 2 points
Storage Rooms:
Considerable 2 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
Some 1 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
Yes 1 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
Some 1 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
Yes 1 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
No 0 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • Conversion Year: 2006
  • Attended Lobby
  • Concierge
  • FT Doorman
  • Post War
  • Resident Storage
  • Central AC
  • Rooftop Terrace
  • Washer/Dryer in building
  • Elevator
  • Business Center
  • Event Room
  • Lounge
  • Fitness Center
  • Rooftop Terrace
  • On-Site Parking
  • Outdoor Entertainment Space
  • Fireplaces
  • Terraces / Balconies

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Pros
  • Overlooks Gramercy Park
  • Few units
  • Full service building
  • High ceilings
  • Fireplaces
  • Extravagant hotel lobby
  • Rooftop club
  • Concierge
  • Doorman
  • Includes key to Gramercy Park
  • Close to Subway
Cons
  • No balconies
  • Some nightlife noise from very popular hotel
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Subways

  1. 6
at Park Ave 0.09 miles
  1. N
  2. R
at Broadway 0.25 miles
  1. Q
  2. 4
  3. 5
  4. L
at Broadway and 16th 0.31 miles
  1. M
  2. F
at 6th Ave 0.46 miles

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