---
title: "50 GRAMERCY Park #5B, New York City, NY 10010"
description: "50 GRAMERCY Park #5B, New York City, NY 10010 — Townhouse in Gramercy Park, Manhattan, NY. Listing Price $3,800,000. In contract 8/31/2026. 3 bed, 4 bath, 2,729 sqft Illustrative Buyer Commission Share of $57,000 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10010/50-gramercy-park-b-5B-ny-10010"
source: "Real Estate Rebate Team"
dateModified: "2026-09-01T13:30:23.300Z"
status: "Pending"
---

# 50 GRAMERCY Park #5B, New York City, NY 10010

Townhouse in Gramercy Park, Manhattan, NY

Courtesy of Corcoran Group

Last updated: September 1, 2026, 9:30 AM

## At a Glance

- **Listing Price**: $3,800,000
- **Status**: In contract 8/31/2026
  In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion.
- **Beds**: 3
- **Total Baths**: 4
- **Sqft**: 2,729
- **Common Charges**: $16,434 / mo
- **Price per Sqft**: $1,392
- **Brokerage Fee**: Share Eligible

## The Private Brokerage Advantage

As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction.

- **Contract Purchase Price**: $3,800,000
- **Illustrative Buyer Commission Share**: -$57,000*
- **Illustrative Net Cost**: $3,743,000

*Illustrative Buyer Savings of $57,000 — 50% of a 3% buyer-broker commission, shared at closing.*

[Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)

## Photos (10)

![50 GRAMERCY Park #5B, New York City, NY 10010 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/05a39728-bea9-4f1e-97ca-032cc77e413a.png)
![50 GRAMERCY Park #5B, New York City, NY 10010 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7a3796c4-7f50-40c6-9589-5931bc1fc7da.jpg)
![50 GRAMERCY Park #5B, New York City, NY 10010 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/04e10d94-f161-40d9-a071-1fdf49b24b60.png)
![50 GRAMERCY Park #5B, New York City, NY 10010 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1d888505-9e01-4173-82a6-81d7c3a3e922.png)
![50 GRAMERCY Park #5B, New York City, NY 10010 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f1d56c03-8cec-4c14-b829-cf2ba77a8cd3.png)
![50 GRAMERCY Park #5B, New York City, NY 10010 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1e64a535-5db2-43cb-9d31-fdcf33f4a2db.png)
![50 GRAMERCY Park #5B, New York City, NY 10010 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/597c9077-403b-452a-a155-46761248a2c7.png)
![50 GRAMERCY Park #5B, New York City, NY 10010 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4b8ce192-7d18-4cf8-b7b4-729ac5d9c53b.png)
![50 GRAMERCY Park #5B, New York City, NY 10010 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b5dd98b4-e8cf-4cda-afa3-cb36a9e6cca8.png)
![50 GRAMERCY Park #5B, New York City, NY 10010 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/902cfa5e-6eed-4308-96e3-6ab2e7723624.png)

## Property Overview

Perfectly perched overlooking New York City's prettiest private parks, Gramercy Park, this beautifully renovated and sun-drenched three bedroom and three and a half bath loft-like home offers 2,729sf (254sm) of expansive living space with 12ft ceilings and captivating walls of glass. Residents at 50 Gramercy Park North enjoy the privacy of a 23-unit Cooperative with condo rules offering a superb level of service. Amenities which include a fulltime doorman, private storage and a coveted key to Gramercy Park.

 A well-proportioned entry gallery leads to the impressive 28 X 23 double height "Great Room" punctuated by a handsome fireplace and 12" floor to ceiling walls of glass onto Gramercy Park. This expansive south facing sun-pierced room provides ample space for separate living and dining areas. The marvelously spacious custom windowed kitchen adjacent the living space includes a large center island and additional space for casual dining. Beyond the living space, a separate hall leads to three bedroom suites each with their own baths distinguished by Waterworks fixtures and marble tiling throughout. The corner primary bedroom suite includes a new over-sized bath with double sinks, stall shower and soaking tub and custom walk-in closet. A second bedroom suite is quietly tucked away off the entry gallery. The third bedroom suite doubles as a comfortable office overlooking Gramercy Park and offers a cozy contrast to the larger living space. A powder room off the entry and laundry closet complete the layout. Finishes include hardwood flooring, central air-conditioning, custom window treatments and custom lighting.

 50 Gramercy Park North, entirely new architecture completed in 2006 by John Pawson Architect, crowns the northern tip of Gramercy Park and forms part of the Gramercy Park Historic District. The park is surrounded by original mid-19th century townhouses and includes the National Arts Club and Players" Club. The preserved landmark building facades blend seamlessly with the modern architecture to create a timeless centerpiece in the heart of one of the most desirable squares in New York City.

 Capital Assessment: $4,503.88/month through December 31, 2026 for Capital Improvements: Local Law 11, Cooling Tower replacement, Elevator modernization, Lobby renovation.

## Property Details

- **Property Type**: Co-op
- **Beds**: 3
- **Total Baths**: 4
- **Rooms**: 6
- **Sqft**: 2,729 sqft
- **Stories**: 17
- **Year Built**: 1924
- **Price per Sqft**: $1,392
- **Common Charges**: $16,434 / Monthly
- **Listed On**: Mar 25, 2026
- **Days on Market**: 172 Days

### Residence Features

- Building Other
- In Unit
- Building Roof Deck
- High Ceilings
- Washer Dryer Allowed
- Park/Greenbelt

## Sales Evidence

### Recent closed sales

3 apartments at 50 Gramercy Park have recorded sales since September 2021, the most recent for $3,085,000 in August 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| [12B](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10010/50-gramercy-park-b-12B-ny-10010) (Apartment) | 2 | 2,032 | $3,085,000 | $1,518/ft² | August 25, 2026 | MLS |
| 2A (Apartment) | 2 | 2,407 | $2,150,000 | $893/ft² | September 11, 2024 | City record · MLS |
| 14-A (Apartment) | 3 | 2,988 | $2,900,000 | $971/ft² | August 3, 2022 | City record · MLS |

Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below.

### How this price compares

The median closed price for comparable co-op three-bedroom sales in Gramercy Park is $2,225,000, based on 10 sales between November 2024 and February 2026. This home is asking $3,800,000, $1,575,000 above that median. The middle half of those sales closed between $1,996,249 and $2,655,500.

- **Median closed price**: $2,225,000
- **Middle half**: $1,996,249 – $2,655,500
- **Based on**: 10 co-op three-bedroom sales in Gramercy Park
- **Period**: November 2024 – February 2026

Square footage is recorded for only 4 of these 10 sales (40%), so no price per square foot is shown for this group. Co-op sales rarely carry a floor area, and a figure drawn from a handful of them would not describe the rest.

Across the 9 of these sales with a published asking price, the median closed at 95.2% of what it originally asked. 100% of them closed below the original ask.

This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Gramercy Park instead.

### How these sales were negotiated

- **Sold vs original ask**: 95.2% of the original ask
- **Closed below ask**: 100% of 9 sales
- **Listed → in contract**: 180 days (about 26 weeks)
- **In contract → closed**: 86 days (about 12 weeks)

Across the 9 of these sales with a published asking price, the median closed at 95.2% of what it originally asked. 100% of them closed below the original ask.

Half of these homes were in contract within 180 days (about 26 weeks) of coming to market, based on the 9 with a recorded listing date.

Once a deal was agreed, closing took a further 86 days (about 12 weeks), based on the 9 with both dates recorded. A co-op board package and its interview account for much of that.

These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure.

Based on 10 co-op three-bedroom sales in Gramercy Park, November 2024 – February 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ.

Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for.

[See every recorded sale at 50 Gramercy Park](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/50-gramercy-park)

## Price and Property History for 50 GRAMERCY Park, Unit 5B

Review the recorded listing activity for 50 GRAMERCY Park, Unit 5B, including asking-price changes and prior market dates.

- **Latest price change**: Reduced by $200,000, or 5%, on June 3, 2026
- **Originally listed**: March 25, 2026 at $4,000,000
- **Entered contract**: August 31, 2026

| Date | Price | Listing event |
| --- | --- | --- |
| August 31, 2026 | $3,800,000 | Entered contract |
| June 3, 2026 | $3,800,000 | Asking price reduced by $200,000, or 5% |
| March 25, 2026 | $4,000,000 | Listed for sale by Corcoran Group |

## Property Taxes

This apartment is part of a co-op that is taxed as one lot shared across 21 apartments. The corporation’s 2026 property tax bill was $1,140,885 for the whole building. Shareholders cover it through their monthly maintenance rather than a separate bill for this unit.

[See the full property tax history for 50 Gramercy Park](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/50-gramercy-park)

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## About The Building

### 50 Gramercy Park

Gramercy Park · Stock Cooperative

50 Gramercy Park, New York, NY 10010

A building in Gramercy Park, currently featuring 3 active listings.

- **Year Built**: 1924
- **Total Units**: 3
- **Floors**: 17

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/50-gramercy-park)

### Available Residences — For Sale (3)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [5B](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10010/50-gramercy-park-b-5B-ny-10010) | 3 | 4 | 2,729 sqft | $1,392 | $3,800,000 (-5.0%) — In contract | Corcoran Group | Mar 25, 2026 | 171 days |
| [3B](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10010/50-gramercy-park-b-3B-ny-10010) | 2 | 3 | 2,729 sqft | $1,612 | $4,400,000 — In contract | Brown Harris Stevens Residential Sales LLC | Jan 22, 2026 | 233 days |
| [12B](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10010/50-gramercy-park-b-12B-ny-10010) | 2 | 3 | 2,032 sqft | $1,518 | $3,085,000 (-5.1%) | Corcoran Group | Apr 8, 2026 | 157 days |

## Estimated Monthly Payment

**$35,649 / month**, assuming a 20% down payment ($760,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $19,215
- **Common Charges**: $16,434

Estimates only. Actual payments may vary. Confirm terms with your lender.

## Potential NYC Second-Home Tax

This property may be subject to New York City’s non-primary residence surcharge if it is not used as a qualifying primary residence. The surcharge is based on the NYC Department of Finance market value, not the listing price.

[Estimate the Potential Surcharge](https://realestaterebatesnewyork.com/calculators/nyc-second-home-tax-calculator)

## Gramercy Park

Private, Exclusive, and Historic

[Explore Gramercy Park](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/gramercy-park) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby Gramercy Park

- [Flatiron District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/flatiron-district)
- [Stuyvesant Town real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/stuyvesant-town)
- [Kips Bay real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/kips-bay)
- [Greenwich Village real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/greenwich-village)
- [East Village real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/east-village)
- [NoHo real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/noho)

## Related Links

- [50 Gramercy Park — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/50-gramercy-park)
- [Gramercy Park neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/gramercy-park)
- [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

---

> RLS IDX Data display by Real Estate Rebate Team. This 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

> All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.