Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $8,900,000

· Closed February 27, 2017

50 GRAMERCY Park N #16A
Closed For Sale Co-op

$8,900,000

$2,979 per sq ft

50 GRAMERCY Park N #16A

Gramercy Park, Manhattan

50 GRAMERCY PARK NO

MLS® #RLS10469532

RLS at REBNY

Listing by Sothebys International Realty

3

Bedrooms

4

Baths

2,988

Sq. Ft.

1924

Year Built

Quick Summary

Bedrooms 3
Bathrooms 4
Living Area 2,988 sq ft
Year Built 1924
Ownership Co-op
Maintenance $14,810/mo
Neighborhood Gramercy Park

Property Highlights

  • Exposure: East,North,South facing
  • Style: Prewar architecture
  • Character: Pre-war building (1924)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 6
Baths null Full
Exposure East,North,South
Pets Yes
Year Built 1924
Living Area 2,988 sq ft
Architectural Style Prewar

Listing History

Event Date Price Change
Listed Oct 5, 2013 $10,900,000 -
Currently Apr 26, 2026 $8,900,000 -18.3%

Description

Hold the key to New York City's only gated private park. Those who live at the John Pawson designed 50 Gramercy Park North enjoy an enviable location, high end services and exclusive access to the historic Bohemian Gramercy Park Hotel. With access comes privilege and full hotel amenities include an array of luxury services such as gym, housekeeping and hospitality services. 16A is a study in seamless transition from sleek modern interior to a private outdoor oasis that is larger than most living rooms. The separation between indoor and outdoor are virtually invisible as floor to ceiling windows surround this sleekly designed 3 bedroom, 3.5 bath full-floor residence. Brand new state of the art Italian cabinetry fronted with midnight colored glass, multiple Miele ovens and appliances, Sub-Zero refrigeration and mirrored shelving. Eat in the kitchen or right outside on the professionally lit and irrigated terrace in full view of Gramercy Park. Showing by appointment only.

Building Information

Financial Details

Maintenance $14,810/mo
Original Price $10,900,000
Previous Price $10,900,000

Gramercy Park is one of New York City’s most storied and architecturally distinctive neighborhoods, centered around the only private park in Manhattan. The area exudes old-world charm with its gas-lit streets and impeccably preserved 19th-century architecture. While the park itself is private, the surrounding real estate offers a mix of historic brownstones, elegant pre-war cooperatives, and boutique new developments that cater to those seeking a low-traffic urban retreat.

Gramercy Park Live Market Data

View Neighborhood

Active Listings

176

Median Asking Price

$1.45M

Median $/Sqft

$1,767

Avg Days on Market

N/A

New This Week

12

Price Reduced

26%

Sold (30 Days)

14

Median Sale Price

$1.26M

Live data from RLS at REBNY • Updated 4/26/26, 3:31 PM EST

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Location

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50 GRAMERCY Park N #16A, Gramercy Park, New York County

Building Information

Official NYC property records for this building

1924
Year Built
102 years old
17
Floors
21
Residential Units
R9A
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $10,127,700
Land Value: $4,770,000
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 7,999 SF
Building Area: 65,480 SF
Built FAR: 8.19
Allowed FAR: 7.52

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $14,810 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 3 bedrooms and 4 full bathrooms.

The listed interior living area is 2,988 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1924, making it approximately 102 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $8,900,000 for 2,988 sq ft, the asking price per square foot is approximately $2,979. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10469532
First Listed: 10/5/2013
Price Changed: 6/3/2014
Closed: 2/27/2017
Contract Date: 11/26/2013

Listing Courtesy of Sothebys International Realty - Michael M Ives

Listing Contact: (212) 810-4956

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 4/26/2026 at 7:31 PM UTC

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