Commercial co-op building

  • $5,000,000
253, West 28th Street, Manhattan Community Board 5, Manhattan, New York County, City of New York, New York, 10001, United States
For Sale
Commercial co-op building
253, West 28th Street, Manhattan Community Board 5, Manhattan, New York County, City of New York, New York, 10001, United States
  • $5,000,000

Description

Office Condo for Sale Near Chelsea Park – 253–255 West 28th Street

Asking Price: $5,000,000
Price per SF: $909.09
Property Type: Office Condominium (Investment or Owner-User)
Building Size (RBA): 53,000 SF
Unit Size (Approx.): 5,500 SF (configurable based on floor division)
Location: 253–255 West 28th Street, New York, NY, 10001
Building Class: C
Stories: 5
Construction: Masonry
Market: Chelsea / Penn Station – Manhattan CBD
Status: Active Sale Listing

Property Overview:

Located just steps from Chelsea Park and Penn Station, 253–255 West 28th Street offers a rare opportunity to purchase a flexible office condominium in a centrally located 5-story commercial building. Ideal for both investors and owner-users, this space provides value-driven pricing and immediate access to Midtown South’s booming creative and commercial corridor.

Sale Highlights:

Versatile Use: Suitable for investment or owner occupancy
Efficient Floorplates: Approx. 10,600 SF per floor — easily divisible
Stable Building: 3-Star Office Condo in a professionally managed property
Attractive Pricing: $909.09 per SF in a rapidly appreciating district
Proximity to Transit: One block to Penn Station, Moynihan Hall, and 1/2/3/A/C/E trains
Strong Surroundings: Steps to Chelsea, Hudson Yards, FIT, and Herald Square retail

Investment / User Benefits:

  • Investor Appeal: Income-producing potential with flexible tenant configurations
  • Owner-User Ready: Ideal for architectural firms, nonprofits, production studios, or medical users seeking long-term equity
  • Zoning & Infrastructure: Well-suited for creative office, showroom, or educational use
  • Low Carrying Costs: Condo ownership with shared building services and controlled expenses

Conclusion:

253–255 West 28th Street is a strategic acquisition opportunity in one of Manhattan’s most dynamic submarkets. Whether you’re an investor seeking stable returns or a business looking to secure your own NYC footprint, this offering delivers excellent value, centrality, and flexibility.

Contact us today to schedule a property tour or request detailed financials and offering plan.

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