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Elevator Mixed-Use Building
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114 E 28th St, New York, NY 10016

Seven-story property combines apartments with street-level retail and office space.

Property Size22,605 SF
Days on Market144

Property Features for 114 E 28th St

General Information

Standard status Active
Size 22,605 SF
Elevators Yes
Property subtype Mixed Use

Additional Details

Public Transit Yes
Multifamily Units 23

Amenities

basement laundry machines

Building Details

Buildings 1
Stories 7
Tenancy Multi
Listing Agency: JLL - New York City, New York
Listed By: Hall Oster · License #NY 10401321782
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 10:34PM

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 JLL - New York City, New York

Investment Insights

Based on property information with market context.

Located at 114 E 28th St in New York, this 40-foot-wide, seven-story mixed-use building contains approximately 22,605 square feet and 26 units. The configuration includes 23 apartments, three stores, two street-front retail spaces, and a rear duplex office with outdoor space. Most apartments are free market, with renovations completed over the past 15 years. Residential features include tall ceilings, strong light and air at the front and rear, a central air shaft, a shared terrace between Units 2B and 2C, and skylights with loft space in the seventh-floor apartments.

The building is positioned between Park Avenue South and Lexington Avenue, near Madison Square Park, retail, and public transportation at East 28th Street and Park Avenue South. Two commercial leases expire within the next three years. Building infrastructure includes passenger and freight elevators, a #2 oil-fired boiler, bright common areas, and a maintained basement with laundry machines. Recent work includes a new passenger elevator cab and mechanical systems, along with updated local law work.

Key Highlights

  • Approximately 22,605 square feet in a 40’ wide, seven‑story mixed‑use building
  • 26 units: 23 apartments and 3 stores
  • Two elevators: passenger and freight

Property Analytics

Current Use

Diamond Way Buddhist ... Temple Custom Village Design Custom T-Shirt Store Pirate Unicorn Designs Clothing Store

Suggested Use

Top Pick Pet Grooming Service Buffet (Bike/Boat/Book/etc) Store Butcher Locksmith Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

23
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

73,472
Businesses Nearby

Demographics for 10016, NY

62,336
Population
36,985
Households
1.7
Avg Household Size
34
Median Age
82%
College-Educated
97%
High-School Grad
0.5 sq mi
ZIP Area
124,672
Density / Sq Mi
$153,065
Median Household Income
$107,691
Median Earnings
$3,321
Median Rent
$928,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Seven-story property combines apartments with street-level retail and office space.
Where is this mixed-use property located?
The property is located at 114 E 28th St New York, NY.
What are key features of this property?
This property features: Approximately 22,605 square feet in a 40’ wide, seven‑story mixed‑use building; 26 units: 23 apartments and 3 stores; Two elevators: passenger and freight
(212) 812-5700 Call to check price and availability
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