--- title: "50 West 47th Street #1520, New York City, NY 10036" description: "50 West 47th Street #1520, New York City, NY 10036 — Midtown, New York City, NY. Last Sold Price $775,000. Sold on 8/3/2026. 1 bed, 943 sqft" url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10036/50-west-47th-street-1520-ny-10036" source: "Real Estate Rebate Team" status: "Closed" --- # 50 West 47th Street #1520, New York City, NY 10036 Midtown, New York City, NY Courtesy of Douglas Elliman Real Estate ## At a Glance - **Last Sold Price**: $775,000 - **Status**: Sold on 8/3/2026 - **Beds**: 1 - **Baths**: 0 - **Sqft**: 943 - **Common Charges**: $1,542 / mo - **Price per Sqft**: $822 - **Brokerage Fee**: Share Eligible This listing was successfully closed and is no longer active on the market. [Planning to sell? Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) ## Photos (8) ![50 West 47th Street #1520, New York City, NY 10036 — photo 1 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/02dc26e5-9d62-473c-9bd5-ca8d0686a442.jpg) ![50 West 47th Street #1520, New York City, NY 10036 — photo 2 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/df017978-0034-41c0-b3de-4d5d95555a39.jpg) ![50 West 47th Street #1520, New York City, NY 10036 — photo 3 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3c769258-d39c-4859-95c3-499acf8de0e5.jpg) ![50 West 47th Street #1520, New York City, NY 10036 — photo 4 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/fe36c80a-71b9-4074-982b-dfe66fa38d4f.jpg) ![50 West 47th Street #1520, New York City, NY 10036 — photo 5 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/511eec09-d78a-4b29-bd34-41699dd6de6e.jpg) ![50 West 47th Street #1520, New York City, NY 10036 — photo 6 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b764b497-2891-41be-bcc0-9b8d3b75167e.jpg) ![50 West 47th Street #1520, New York City, NY 10036 — photo 7 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/001d92ca-d97f-4d91-8d94-108b8cf639bf.jpg) ![50 West 47th Street #1520, New York City, NY 10036 — photo 8 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f2bb4d95-755a-4b71-b03d-4d74793ba953.jpg) ## Property Overview 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 ## Property Details - **Property Type**: Condominium - **Beds**: 1 - **Rooms**: 4 - **Sqft**: 943 sqft - **Stories**: 36 - **Year Built**: 2009 - **Price per Sqft**: $822 - **Common Charges**: $1,542 / Monthly - **Listed On**: Apr 23, 2026 - **Days on Market**: 147 Days ### Residence Features - Washer Dryer Allowed - City ## Estimated Monthly Payment **$5,461 / month**, assuming a 20% down payment ($155,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $3,919 - **Common Charges**: $1,542 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Sales and market data ### Recent sales 2 apartments at 50 West 47th Street have recorded sales since September 2021, the most recent for $775,000 in August 2026. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | 1520 (Apartment) | 1 | 943 | $775,000 | $822/ft² | August 3, 2026 | MLS | | 3-B (Office) | Studio | 1,904 | $1,112,500 | $584/ft² | June 30, 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 - **Last sold price**: $775,000 - **Median sold price**: $1,450,000 - **Difference**: -$675,000 (-46.6%) - **Last sold, $/ft²**: $822 - **Median $/ft²**: $2,216 - **Comparable sales**: 126 - **Sales from**: September 2024 – June 2026 - **Middle half of those sales**: $1,095,000 – $2,013,750 Based on condo one-bedroom sales in Midtown. This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Midtown instead. ### How these sales were negotiated - **Sale-to-list price**: 96.5% (103 sales) - **Sold below asking**: 73% (103 sales) - **Typical time to find a buyer**: 55 days (99 sales) - **Typical time to close**: 62 days (63 sales) Based on condo one-bedroom sales in Midtown with the required listing and closing data. Sample sizes vary by metric. 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. ### Price trend Median sale price, condo and house one-bedroom sales in Midtown | Year | Median sold price | Sales | | --- | --- | --- | | 2016 | $998,000 | 17 | | 2017 | $1,253,000 | 42 | | 2018 | $1,067,500 | 44 | | 2019 | $1,025,000 | 27 | | 2020 | $3,034,840 | 36 | | 2021 | $975,000 | 44 | | 2022 | $980,000 | 54 | | 2023 | $1,182,000 | 46 | | 2024 | $1,170,000 | 61 | | 2025 | $1,425,000 | 60 | | 2026 YTD | $1,865,000 | 45 | Based on recorded condo and house one-bedroom sales in Midtown. 2026 is year-to-date. Sales data through August 2026. 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 West 47TH Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/50-west-47th-street) ## Price and Property History for 50 West 47TH Street, Unit 1520 Review the recorded listing activity for 50 West 47TH Street, Unit 1520, including asking-price changes and prior market dates. - **Latest price change**: Reduced by $25,000, or 3.1%, on August 4, 2026 - **Originally listed**: April 23, 2026 at $800,000 - **Last sold**: $775,000 on August 3, 2026 | Date | Price | Listing event | | --- | --- | --- | | August 4, 2026 | $775,000 | Asking price reduced by $25,000, or 3.1% | | August 3, 2026 | $775,000 | Sold | | June 1, 2026 | $800,000 | Entered contract | | April 23, 2026 | $800,000 | Listed for sale by Douglas Elliman Real Estate | ## About The Building ### 50 West 47th Street Midtown · Condominium 50 West 47th Street, New York, NY 10036 A building in Midtown, currently featuring 5 active listings. - **Year Built**: 2009 - **Active Units**: 5 - **Floors**: 36 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/50-west-47th-street) ### Available Residences — For Sale (5) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [1609](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10036/50-west-47th-street-1609-ny-10036) | Studio | 2 | 2,265 sqft | $1,322 | $2,995,000 (-7.8%) | Douglas Elliman Real Estate | Mar 15, 2024 | 916 days | | [1711](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10036/50-west-47th-street-1711-ny-10036) | Studio | 2 | 4,522 sqft | $1,504 | $6,800,000 | Douglas Elliman Real Estate | Jan 19, 2026 | 241 days | | [2007](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10036/50-west-47th-street-2007-ny-10036) | Studio | 2 | 2,823 sqft | $1,417 | $4,000,000 (-8.6%) | Douglas Elliman Real Estate | Jul 23, 2026 | 56 days | | [20E](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10036/50-west-47th-street-e-20E-ny-10036) | 2 | 2 | 933 sqft | $1,393 | $1,300,000 | Douglas Elliman Real Estate | May 28, 2026 | 112 days | | [1808](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10036/50-west-47th-street-1808-ny-10036) | 1 | 1 | 3,179 sqft | $1,400 | $4,450,000 | Douglas Elliman Real Estate | Aug 24, 2026 | 24 days | ### Recently Sold (1) | Unit | Beds | Baths | Size | Price / Ft² | Sold Price | Listing Office | Listed Date | Sold Date | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [1520](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10036/50-west-47th-street-1520-ny-10036) | 1 | 0 | 943 sqft | $822 | $775,000 | Douglas Elliman Real Estate | Apr 23, 2026 | Aug 3, 2026 | ## Midtown The Center of the World [Explore Midtown](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/midtown) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Midtown - [Murray Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/murray-hill) - [Theater District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/theater-district) - [Kips Bay real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/kips-bay) - [Hells Kitchen real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/hells-kitchen) - [Flatiron District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/flatiron-district) - [Chelsea real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/chelsea) ## Related Links - [50 West 47TH Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/50-west-47th-street) - [Midtown neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/midtown) - [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.