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Duplex Residential Income Property
For Sale
$4,900,000

28 W 38TH Street PHW, New York City, NY 10018

Two-level residence with private outdoor areas, custom finishes, and two bedroom suites in a full-service co-op building.

Property Size3,100 SF
Price / SF$1,580
Days on Market82

Property Features for 28 W 38TH Street PHW

General Information

Standard status Active
Size 3,100 SF
Elevators Yes
Property subtype Duplex

Units

Unit Mix 1 x 2BR/2.5BA
Multifamily Units 1

Amenities

wood-burning fireplace
gas grill
landscaped deck
roof terrace
surround sound
video security
on-site superintendent

Building Details

Building Size 3,100 SF
Year Built 1910
Stories 12
Listing Agency: Brown Harris Stevens Residential Sales LLC
Listed By: Raphael E DeNiro
Source: Bondnyre
Added: Jun 4 Changed: Aug 22 Last Checked: Aug 24 at 2:26PM

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 Brown Harris Stevens Residential Sales LLC

Investment Insights

Based on property information with market context.

This approximately 3,100-square-foot duplex occupies two levels within a 1910 co-op building. The residence includes two bedroom suites, a living and dining level, a windowed kitchen with Sub-Zero, Viking, and Miele appliances, Caesarstone countertops, two fireplaces, integrated Lutron lighting, and surround sound. Custom materials include oak flooring, steel accents, teak, limestone, and acid-etched glass. Three exposures bring natural light into the home.

Outdoor space includes a landscaped deck with a gas grill and sound system, plus a separate roof terrace reached by a metal and ipe staircase. The upper terrace provides Manhattan skyline views and a direct sightline to the Empire State Building. The property is at 28 W 38th Street in New York City, near Fifth Avenue and Bryant Park.

The 12-story, 30-unit co-op has video security and a full-time superintendent. Pets are permitted, and a freight elevator upgrade is planned using building reserves.

Key Highlights

  • Approximately 3,100 square feet arranged across two duplex levels
  • Two private bedroom suites, including a primary suite with dressing room and gas fireplace
  • Landscaped deck plus an additional roof terrace with Manhattan skyline views

Property Analytics

Current Use

Creative Data Movers ... Vocational School Kimberly Butler Photography Photography Service Helene DeLillo (Bike/Boat/Book/etc) Store Birsel + Seck Design ... Consultant G-Systems, Inc. Telecommunications Service

Suggested Use

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

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

1
Residential units

Location Intelligence

Trade Area within ½ mile

101,253
Businesses Nearby

Demographics for 10018, NY

11,145
Population
5,678
Households
2
Avg Household Size
35
Median Age
75%
College-Educated
92%
High-School Grad
0.3 sq mi
ZIP Area
37,150
Density / Sq Mi
$133,042
Median Household Income
$103,655
Median Earnings
$3,501
Median Rent
$947,100
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Two-level residence with private outdoor areas, custom finishes, and two bedroom suites in a full-service co-op building.
Where is this residential income property located?
The property is located at 28 W 38TH Street PHW New York City, NY.
What is the asking price?
The asking price for this property is $4,900,000.
What are key features of this property?
This property features: Approximately 3,100 square feet arranged across two duplex levels; Two private bedroom suites, including a primary suite with dressing room and gas fireplace; Landscaped deck plus an additional roof terrace with Manhattan skyline views
More about this property
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