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50 Gramercy Park North, #3B

Listing no longer available on CityRealty as of Apr 19, 2024
It previously was on the market for a total of 176 days.
Last Sold on Oct 15, 2019 for $4,500,000
3 beds, 2.5 baths | Approx. 2,729 ft2
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  • Buyers
  • Joseph Ravitch
  • Sellers
  • Alberto Mugrabi
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3 apartments are currently available in this building.
176 days on Market

Pricing History

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Key Details

  • Listed: Oct 26, 2023
    Last Price Change: -7% ($350,000) on Feb 21
    Days on Market: 176
    Building Type: Condop
    Neighborhood: Gramercy Park (Manhattan)
    Doorman: FT Doorman
    Listing viewed 1,877 times
Monthly Maintenance: $15,050 ($5.51/ft2)
Est. Monthly Mortgage: -
Total Est. Monthly Carrying Cost: $40,579 ($14.87/ft2)
Note: the above is based on a down payment of 20% ($930,000), which is the minimum amount permitted by the building.

Description

IT’S OFFICIAL: Gramercy Park Hotel Bought by Luxury Hotelier I Grand Plans Ahead Rooms to become luxury suites. Maialino commencing redo. CUSTOM MADE FOR GRAND ENTRANCES: APARTMENT 3B A twenty-four foot entry gallery delivers one to the magnificent interior of this exceptional residence: a voluminous great room graced with massive textured plaster walls and soaring 12 foot high ceilings overlooking the coveted verdant square through incredible floor-to-ceiling “Walls of Glass”.

Absolutely fabulous for entertaining, this stunning south-facing great room is filled with the park and the sky where every season is magnified and on full display. Also beckoning quiet evenings in front of the wood-burning fireplace, this 2729 square foot loft-like design delivers a lovely light-filled, floor-through continuum via humongous southern and northern exposures. Simply stunning. The jewel-like, park-facing library with adjacent study/office, enriched by beautiful Wenge paneling, provides a rather swank spot to read or watch the telly.

Study closes for complete privacy for zoom meetings or videotaping. Could be a 3rd bedroom. Pure aesthetic reveals itself in the new chefs kitchen designed by the owner, an aficionado of the culinary arts and pleasures. Custom made in Brooklyn, the gigantic 115” x 54” island is constructed of the finest stainless steel with a fully integrated 45” x 18” dish drain sink.

Full wall backsplash is white subway tile and touches of warm wood mix with the stainless finishes. Handsome. This immaculate design includes everything necessary for the experience.

Excepting the Wolf range, complete with pot filler, all appliances are stainless steel and by Sub-Zero: full size glass refrigerator, matching wine storage (140+ capacity), separate ice maker, two under-counter freezer drawers. Full height under-counter glider drawers and open shelving provide quick easy access. Both ensuite bedrooms are quietly tucked away from the grand entertaining.

Primary suite features custom closets outfitted in Grey Oak by Poliform and a spa-like bath with travertine double basins, heated floor, a deep soaking tub and a large steam shower. The serene Zen-like second bedroom is a result of its luxurious cashmere lined walls, a most elegant sound-proofing. Misc: Roman travertine from Tivoli is featured throughout the apartment as well as white oak floors. All new HVAC, new solid walnut doors and hardware.

Sound system installed. Created by Ian Schrager and designed by acclaimed British architect, John Pawson, 50 Gramercy Park North is the perfect combination of storied history and modern luxury. Located on Manhattan’s last private park, 50 GPN is a discreet boutique cooperative run with condo rules, and offering its residents 24 hour doorman and concierge, and most importantly, a key to Gramercy Park. Shown by Appointment.

*Hotel services (in-room dining, housekeeping, valet, catering) will resume with the re-opening of the Gramercy Park Hotel. Established in the 1830’s by Samuel B. Ruggles, Gramercy Park, remains a well-kept respite from the hustle and bustle of Manhattan. Steeped in history and period architecture, it remains appealing to all generations, ensconced just north of the ever-evolving, ever current restaurant row of historic Irving Place.

3B overlooks the original townhouses that still grace Gramercy Park West and the beautiful structures lining the southern edge, among them the National Arts and Players Clubs. Link WSJ:

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Apartment Amenities

  • Washer/Dryer in apt.

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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