Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
50 W 47TH Street #1808

For Sale · Listing by Douglas Elliman Real Estate

50 W 47TH Street #1808

Midtown, Manhattan

$5,500,000

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Interested in this property?
Active For Sale Condo

$5,500,000

$1,735 per sq ft

50 W 47TH Street #1808

Midtown, Manhattan

MLS® #RLS11029921

RLS at REBNY

Listing by Douglas Elliman Real Estate

2
Bedrooms
2
Baths
3,170
Sq. Ft.
2009
Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 3,170 sq ft
Year Built 2009
Ownership Condo
HOA/Common Charges $4,345/mo
Property Taxes Contact for details
Neighborhood Midtown
Floor 18 of 36

Property Highlights

  • Views: City Lights, City

Property Details

Type Condo
Ownership Condominium
Total Rooms 8
Baths 2 Full
Floor 18 of 36
View City Lights, City
Pets Yes
Year Built 2009
Living Area 3,170 sq ft
Structure Type HighRise
Basement Other
Block/Lot 01262/7502

Listing History

Event Date Price Change
Listed Jan 20, 2025 $5,500,000 -
Currently Jul 22, 2026 $5,500,000 -

Description

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

Features & Amenities

Interior Features

Building None

Exterior Features

None

Appliances

Washer Dryer Allowed

Building Information

Building Data View Compliance & Permits
Total Units 101
Stories 36
Structure HighRise

Financial Details

Common Charges $4,345/mo
RE Taxes Contact for details

Midtown Manhattan is the city's primary commercial and transit hub, home to Grand Central Terminal, Rockefeller Center, Bryant Park, and the Empire State Building. The residential market features luxury condo towers, classic pre-war cooperatives, and postwar doorman buildings served by nearly every subway line in the system. Properties range from high-floor units with skyline panoramas to well-maintained co-ops along the tree-lined side streets east and west of Fifth Avenue.

Midtown Live Market Data

View Neighborhood

Active Listings

230

Median Asking Price

$1.67M

Median $/Sqft

$1,656

Avg Days on Market

N/A

New This Week

6

Price Reduced

38%

Sold (30 Days)

14

Median Sale Price

$1.92M

Live data from RLS at REBNY • Updated 7/22/26, 10:30 AM EST

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Location

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50 W 47TH Street #1808, Midtown, New York County

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Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1930
Year Built
96 years old
2
Floors
2
Residential Units
R4
Zoning District
Two Family Dwellings

Tax & Assessment

Assessed Value: $88,680
Land Value: $11,640
Exemptions: $0

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

Lot Area: 2,400 SF
Building Area: 2,276 SF
Built FAR: 0.95
Allowed FAR: 1

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 common charges are $4,345 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 bedrooms and 2 full bathrooms.

The listed interior living area is 3,170 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2009, making it approximately 17 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pet policy requires confirmation with the listing broker.

At the current list price of $5,500,000 for 3,170 sq ft, the asking price per square foot is approximately $1,735. 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 milton@miltoncoste.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: RLS11029921
First Listed: 1/20/2025
On Market: 1/20/2025
Contract Date: 1/20/2025

Listing Courtesy of Douglas Elliman Real Estate - Richard Nassimi

Listing Contact: (212) 891-7000

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 7/22/2026 at 2:30 PM UTC

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Midtown Market Update

14 sales last 30 days · $1.67M median · 16.4 months supply

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Quick Facts

Status Active Type Condo Neighborhood Midtown Borough Manhattan
County New York
Floor 18 of 36
Year Built 2009
First Listed 1/20/2025
Living Area 3,170 sqft
Common Charges $4,345/mo

Monthly Costs Estimate

Down Payment 20%

$1,100,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Common Charges $4,345
Total Monthly $0

Estimates only. Consult a lender for exact figures.

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