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Manhattan Gem Tower Office Condo
For Sale
$8,500,000

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

Class A office space in Manhattan's Diamond District.

Property Size3,344 SF
Days on Market167

Property Features for 50 W 47th St-#1611

General Information

Standard status Active
Size 3,344 SF
Property subtype Commercial

Building Details

Building Size 3,344 SF
Listing Agency: Douglas Elliman Real Estate
Listed By: Richard Nassimi · License #10301222206
Source: Elliman
Added: Mar 24 Changed: Sep 4 Last Checked: Jul 16 at 4:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Douglas Elliman Real Estate

Investment Insights

Based on property information with market context.

Located in the heart of Manhattan's Diamond District, the office condominium at the Gem Tower, 50 West 47th Street, is a Class A office space designed for modern businesses. The state-of-the-art facility features a glass facade, security, and amenities that reflect the exclusivity of the Gem Tower. Each office suite provides an open layout with floor-to-ceiling windows offering natural light and views of the New York City skyline. Highlights include HVAC systems, 24/7 secure access, and LEED-certified sustainability features. Tenants enjoy proximity to dining, shopping, and transportation options. The building also features a state-of-the-art vault facility, secure valet parking, modern infrastructure for jewelry manufacturing, a state-of-the-art health and fitness center, biometric access control, G4S guarding services, and state-of-the-art closed-circuit monitoring. It is an ideal choice for businesses seeking luxury, efficiency, and environmental responsibility.

Key Highlights

  • Prime location in Manhattan's Diamond District, offering prestige and convenience.
  • State‑of‑the‑art security features including 24/7 secure access, biometric access control and G4S guarding services.
  • LEED‑certified sustainability features, appealing to environmentally conscious businesses.

Property Analytics

Current Use

Office Units

Location Intelligence

Trade Area within ½ mile

55,267
Businesses Nearby

Demographics for 10036, NY

33,868
Population
22,473
Households
1.5
Avg Household Size
37
Median Age
69%
College-Educated
93%
High-School Grad
0.4 sq mi
ZIP Area
84,670
Density / Sq Mi
$100,225
Median Household Income
$86,122
Median Earnings
$2,301
Median Rent
$988,000
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Class A office space in Manhattan's Diamond District.
Where is this office units 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.
What are key features of this property?
This property features: Prime location in Manhattan's Diamond District, offering prestige and convenience.; State‑of‑the‑art security features including 24/7 secure access, biometric access control and G4S guarding services.; LEED‑certified sustainability features, appealing to environmentally conscious businesses.
More about this property
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