Multi-family

Introducing 52 West 28th Street, New York, NY 10001 — A premier investment opportunity in Manhattan’s bustling NoMad neighborhood. This mixed-use retail and residential property offers prime storefront visibility and residential space in one of New York City’s most dynamic markets, blending location, utility, and long-term growth potential.

Property Overview:

• Address: 52 West 28th Street, New York, NY 10001
• Asking Price: $7,900,000 ($2,089.95/SF)
• Sale Type: Investment Opportunity
• Property Type: 3-Star Storefront Retail/Residential
• Location: Central Business District (CBD), NoMad
• Gross Leasable Area (GLA): 3,780 sq. ft.
• Stories: 4
• Typical Floor Area: 945 sq. ft.
• Class: C
• Building Height: 47 ft
• Construction: Masonry

Key Features:

Prime Location in NoMad:

Situated in the vibrant NoMad district, this property enjoys high foot traffic and proximity to some of Manhattan’s most iconic landmarks, including Madison Square Park and the Flower District. Its central location ensures a steady flow of potential customers and tenants, making it a strategic choice for investors.

Mixed-Use Versatility:

With retail storefronts on the ground floor and residential units above, this 3-star property offers flexibility in use, catering to both commercial and residential tenants. This dual-purpose design enhances its income-generating potential.

Compact and Efficient Layout:

The building’s manageable size—3,780 sq. ft. across four stories with a typical floor area of 945 sq. ft.—makes it an ideal option for investors seeking a high-performing property without the complexities of larger developments.

Masonry Construction with Sturdy Appeal:

Built with durable masonry construction, the property stands as a testament to quality and timeless design. Its solid structure offers a low-maintenance investment opportunity while maintaining aesthetic charm.

Conclusion:

52 West 28th Street is a compelling investment asset in Manhattan’s NoMad neighborhood. With its strategic location, mixed-use design, and stable income potential, this property is an attractive choice for investors looking to capitalize on Manhattan’s diverse and thriving real estate market. Whether you’re seeking steady returns or long-term appreciation, this versatile property delivers exceptional value in a competitive environment.