--- title: "50 West 47th Street #1711, New York City, NY 10036" description: "50 West 47th Street #1711, New York City, NY 10036 — Midtown, New York City, NY. Listing Price $6,800,000. Studio bed, 2 bath, 4,522 sqft Illustrative Buyer Commission Share of $102,000 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10036/50-west-47th-street-1711-ny-10036" source: "Real Estate Rebate Team" status: "Active" --- # 50 West 47th Street #1711, New York City, NY 10036 Midtown, New York City, NY Courtesy of Douglas Elliman Real Estate ## At a Glance - **Listing Price**: $6,800,000 - **Beds**: Studio - **Baths**: 2 - **Sqft**: 4,522 - **Common Charges**: $5,835 / mo - **Price per Sqft**: $1,504 - **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**: $6,800,000 - **Illustrative Buyer Commission Share**: -$102,000* - **Illustrative Net Cost**: $6,698,000 *Illustrative Buyer Savings of $102,000 — 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 West 47th Street #1711, New York City, NY 10036 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1ed45ce2-8543-47e0-a26d-6cdeed38f9ac.jpg) ![50 West 47th Street #1711, New York City, NY 10036 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/efe17e72-e930-4f6b-a31e-9d9eaaf314a8.jpg) ![50 West 47th Street #1711, New York City, NY 10036 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ba1ac824-cbdc-483b-82ea-d31f73db440d.jpg) ![50 West 47th Street #1711, New York City, NY 10036 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/14109827-4e4d-4924-a950-c9ccbbcf33d8.jpg) ![50 West 47th Street #1711, New York City, NY 10036 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6fcbd6ee-d6ee-4459-99d7-567c6e439fc3.jpg) ![50 West 47th Street #1711, New York City, NY 10036 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3df7c0ed-aed5-44f3-80c9-843a55d041f7.jpg) ![50 West 47th Street #1711, New York City, NY 10036 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/70d1ca6b-0ff9-4b10-b0b0-27f38689d8ae.jpg) ![50 West 47th Street #1711, New York City, NY 10036 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/53df34cc-384e-4483-b70a-55709a5d89b1.jpg) ![50 West 47th Street #1711, New York City, NY 10036 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e4d21784-a2a9-4442-bc64-866f5e24a3c5.jpg) ![50 West 47th Street #1711, New York City, NY 10036 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6bb0b0aa-b20e-4482-8bcd-a156f68ada25.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 - **Baths**: 2 - **Rooms**: 12 - **Sqft**: 4,522 sqft - **Stories**: 36 - **Year Built**: 2009 - **Price per Sqft**: $1,504 - **Common Charges**: $5,835 / Monthly - **Listed On**: Jan 19, 2026 - **Days on Market**: 236 Days ### Residence Features - Dishwasher - Washer Dryer Allowed - City ## Sales Evidence ### Recent closed 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](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10036/50-west-47th-street-1520-ny-10036) (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 The median closed price for comparable condo studio sales in Midtown is $705,000, based on 14 sales between September 2024 and June 2026. This home is asking $6,800,000, $6,095,000 above that median. The middle half of those sales closed between $646,125 and $998,125. - **Median closed price**: $705,000 - **Middle half**: $646,125 – $998,125 - **Based on**: 14 condo studio sales in Midtown - **Period**: September 2024 – June 2026 - **Median $/ft²**: $1,392/ft² Across the 11 of these sales with a published asking price, the median closed at 92.7% of what it originally asked. 91% 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 Midtown instead. ### How these sales were negotiated - **Sold vs original ask**: 92.7% of the original ask - **Closed below ask**: 91% of 11 sales - **Listed → in contract**: 81 days (about 12 weeks) - **In contract → closed**: 67 days (about 10 weeks) Across the 11 of these sales with a published asking price, the median closed at 92.7% of what it originally asked. 91% of them closed below the original ask. Half of these homes were in contract within 81 days (about 12 weeks) of coming to market, based on the 11 with a recorded listing date. Once a deal was agreed, closing took a further 67 days (about 10 weeks), based on the 11 with both dates recorded. 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 14 condo studio sales in Midtown, September 2024 – June 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ. ### Price trend Median sold price for condo and house studio sales in Midtown, 2017 to 2022. The series is held to one bedroom count and one ownership type for the same reason: an unfiltered median tracks which apartments sold, not what they were worth. | Year | Median sold price | Sales | | --- | --- | --- | | 2017 | $775,500 | 12 | | 2021 | $670,000 | 10 | | 2022 | $702,500 | 12 | This building does not have enough sales with a recorded floor area to chart its own price per square foot, which is usual for a co-op. The series above follows comparable homes across Midtown instead. 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) ## About The Building ### 50 West 47th Street Midtown · Condominium 50 West 47th Street, New York, NY 10036 A building in Midtown, currently featuring 6 active listings. - **Year Built**: 2009 - **Total Units**: 6 - **Floors**: 36 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/50-west-47th-street) ### Available Residences — For Sale (6) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [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 | 235 days | | [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 | 910 days | | [1520](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10036/50-west-47th-street-1520-ny-10036) | 1 | 0 | 943 sqft | $822 | $775,000 (-3.1%) | Douglas Elliman Real Estate | Apr 23, 2026 | 141 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 | 50 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 | 106 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 | 18 days | ## Estimated Monthly Payment **$40,220 / month**, assuming a 20% down payment ($1,360,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $34,385 - **Common Charges**: $5,835 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) ## 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.