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Gramercy Park Hotel, 50 Gramercy Park North

Between Park Avenue South & Lexington Avenue

Key Details

  • Year Built 1924
    Converted Year 2006
    Building Type Cooperative
    Neighborhood Gramercy Park
  • Total Apartments 23
    Total Floors 17
    Doorman FT Doorman
$1,997
Avg. Price / ft2
$104
Avg. Price / ft2
$1,682
Avg. Price / ft2

Rating

25
Out of 44

Architecture Rating: 25 / 44

+
29
Out of 36

Location Rating: 29 / 36

+
25
Out of 39

Features Rating: 25 / 39

+
10
=
89

CityRealty Rating Reference

 
Architecture
  • 30+ remarkable
  • 20-29 distinguished
  • 11-19 average
  • < 11 below average
 
Location
  • 27+ remarkable
  • 18-26 distinguished
  • 9-17 average
  • < 9 below average
 
Features
  • 22+ remarkable
  • 16-21 distinguished
  • 9-15 average
  • < 9 below average
  • #42 Rated co-op in Manhattan
  • #3 Rated co-op - Downtown
  • #1 Rated co-op - Gramercy Park
 

Description

Life at 50 Gramercy Park North is even more exceptional with white-glove hotel-like amenities 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, access to the Gramercy Park Hotel's David Barton fitness center, room service Danny Meyers renowned trattoria, Maialino and more. This desirable co-op building with condo rules welcomes pied-a-terres and investors. 

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Building Amenities

  • Attended Lobby
  • Concierge
  • FT Doorman
  • Post War
  • Basement Storage
  • Central AC
  • Roof Deck
  • 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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Apartments for Sale at 50 Gramercy Park North (7)

7
Available Apts
$3.5M - $8.9M
Price Range
$1,997
Avg. Price / ft2
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Apartments for Rent at 50 Gramercy Park North (2)

2
Available Apts
$20,000
Prices Start At
$104
Avg. Price / ft2
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Carter Horsley's Review

Carter Horsley's Building Review
"In late 2004, numerous older hotel properties in the city in prime locations began to be converted to luxury condominium apartments to take advantage of a very, very strong market for such units.
Some of these projects involved total conversion such as the former Intercontinental Hotels on Central Park South and on Lexington Avenue at 48th Street and the former Stanhope Hotel on Fifth Avenue at 81st Street; others involved partial conversions such as this property and the Plaza and St. Regis Hotels on Fifth Avenue; and demolition, such as the Mayflower Hotel, whose lot is now occupied by 15 Central Park West." Read Carter's Full Review
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

Broker & Buyer Comments

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More Neighborhood Info

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
 

Sales Summary - Past 12 Months

View By Apartment Sizes
Past 12 Months
$4,900,000
Avg. Price
Based on 2 Sales
 

Closing History - Last 10 sales

View All Closed Transactions
10
Units Sold
$3.4M - $7.7M
Price Range
$2,007
Avg. Price / ft2

Pricing Comparison of Similar Buildings

View Detailed Comparison

In The Neighborhood: What’s Available & Sales Stats

Not enough data available to generate chart.
  • 454 Available for Sale
  • $1,805 Avg. Price / Ft2
  • $2,135,389 Avg. Price
  • $1,532,500 Median Price
  1. Most Expensive 65 Irving Place Apt | $21,500,000
  2. Least Expensive 317 East 18th Street Apt 5B | $315,000
Not enough data available to generate chart.
  • 84 Available for Rent
  • $79 Avg. Price / Ft2
  • $6,676 Avg. Price
  • $4,698 Median Price
  1. Most Expensive 18 Gramercy Park South Apt 14FL | $45,000
    Price / ft2 $128
  2. Least Expensive 323 East 21st Street Apt 5M | $1,900
Data is based on sales from past 12 months and only transactions for which we have approximate square footage information available are included above
Not enough data available to generate chart.
  • 390 Total Sales
  • $1,586 Avg. Price / Ft2
  • $1,458,369 Avg. Price
  • $1,144,202 Median Price
  1. Most Expensive 1 Lexington Avenue Apt 5/6B | $7,600,000
  2. Least Expensive 210 East 21st Street Apt 5B | $310,000
    Price / ft2 $954

Famous Residents

 

Alternate Address

  • 2 Lexington Ave

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