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    50 W 47th St-#1611 New York, NY 10036

    Sponsored
    Source: https://www.elliman.com
    For Sale
    $8,500,000

    Premier Class A Office Space For Sale

    Property size:
    3,344 SF

    Description

    Added:
    May 13, 2025
    Days on Market:
    239
    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 Features for 50 W 47th St-#1611

    General Information

    Property type
    Office space
    Square Feet
    3,344 SF
    Price / Square Foot
    $2,541
    Elevators
    N/A
    Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    New York
    State
    New York
    Longitude
    -74.0060152
    Latitude
    40.7127281

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    FAQs

    What type of property is this?
    Office space - Premier Class A Office Space For Sale
    Where is this office space located?
    The property is located at 50 W 47th St-#1611 New York, NY.
    What is the asking price?
    The asking price for this property is $8,500,000.
    (212) 702-4041
    Request Owner's contact information
    50 W 47th St-#1611 New York, NY 10036
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    50 W 47th St-#1611 New York, NY 10036
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