50 Gramercy Park North, Manhattan
Co-op · 21 units · built c. 1924 · Block 877, Lot 13.
Building permits
- Alteration, filed Nov 5, 2026, estimated cost $15K, described as “Modifications to existing Sprinkler system related to Restaurant renovations and upgrades.”
- Alteration, filed Oct 19, 2026, estimated cost $1.5M, described as “Interior renovation of existing 1ST floor spaces inclusive of restaurant & kitchen spaces. New finishes and lighting throughout with interior partition modifications. . No change in occupancy, use or egress.”
- Alteration, filed Sep 17, 2026, estimated cost $20K, described as “Modifications to existing Sprinkler system related to BOH renovations and upgrades.”
- Alteration, filed Sep 8, 2026, estimated cost $650K, described as “Interior demolition and construction of non- load bearing partitions and hung ceilings related to BOH renovations and upgrades. No change in occupancy, use or egress.”
- Alteration, filed Jul 23, 2026, estimated cost $5K, described as “Modifications to existing Sprinkler system related to Lobby/restroom renovations and upgrades.”
- Alteration, filed Jul 21, 2026, estimated cost $260K, described as “Interior renovation of existing 1ST floor spaces inclusive of a toilet room & hotel offices. New finishes and lighting throughout with interior partition modifications. . No change in occupancy, use or egress.”
- Alteration, filed Mar 23, 2026, estimated cost $17K, described as “Interior renovation of apartment 2A on the second floor as indicated on plans to add a new bedroom and a new bathroom with new interior partitions and new plumbing fixtures. No change in use, egress, or occupancy is proposed under this…”
- Alteration, filed Aug 14, 2025, estimated cost $30K, described as “Installation of heavy duty sidewalk shed. No change in use, occupancy or egress under this application, all work to comply with chapter 33 of nycbc.”
- Alteration, filed Oct 29, 2024, estimated cost $350K, described as “Roof replacement and minor facade repairs as per plans. No change to use, egress, or occupancy.”
- Alteration, filed Oct 21, 2024, described as “Facade Restoration Via Suspended Scaffolding”
- Alteration, filed Jan 16, 2024, estimated cost $375K, described as “Upgrade of existing cooling tower per plans submitted herewith. No change in use, egress or occupancy.”
- Alteration, filed Oct 15, 2020, estimated cost $54K, described as “Mechanical work in conjunction with penthouse renovation. new split system. no change to use, egress or occupancy.”
- Alteration, filed Oct 15, 2020, estimated cost $10K, described as “Sprinkler work at 16/17 floors. no change to use, egress or occupancy.”
- Alteration, filed Sep 9, 2019, estimated cost $35K, described as “Plumbing work for interior renovation at penthouse unit. Replace fixtures on existing roughing and install new fixtures as per plans. No change to use, egress or occupancy filed under this application. Related Const Alt. 123773899.”
- Alteration, filed Apr 1, 2019, estimated cost $3K, described as “Install supported scaffold, as shown on drawings. No change to use, egress or occupancy.”
- Alteration, filed Jul 16, 2018, estimated cost $5K, described as “Installaiton of temporary sidewalk shed as shown on plans. Installation shall comply with BSA-351-74-sm, ll-33/91, chapter 33, section 3307 of 2014 NYC DOB building code,and tppn # 9/99. No change in egress, occupancy or use associated…”
Property taxes
- Assessment
- $10,127,700
- 2026–27 tax
- $1,088,512
- Market value (city estimate)
- $22,506,000
- Taxable value
- $8,972,220
- Assessed land
- $4,770,000
- Assessed improvements
- $5,357,700
Tax breaks
- Co-op and condo abatement, with no end date, a $27,543 credit this tax year.
Zoning
R9A: floor area ratio 8.19 built, above the 7.52 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Aug 25, 2026: $3,085,000
- Sep 11, 2024: $2,150,000
- Jun 13, 2024: $10,000
- Feb 8, 2024: $10,000
- Nov 15, 2023: $10,000
- Aug 23, 2023: $10,000
- Mar 13, 2023: $10,000
- Feb 22, 2023: $10,000
- Aug 3, 2022: $2,900,000
- Oct 15, 2019: $4,500,000
The 10 most recent of 15 open-market sales since 2016, from the Department of Finance’s sales files.