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Residential Income Property with Rooftop Terrace
For Sale
$3,950,000

31 E 28TH Street PHEAST, New York City, NY 10016

Three-bedroom condominium loft with flexible living areas, private elevator access, multiple terraces, and full-service building amenities.

Property Size2,936 SF
Price / SF$1,554
Days on Market124

Property Features for 31 E 28TH Street PHEAST

General Information

Standard status Active
Size 2,936 SF
Elevators Yes
Property subtype Duplex

Additional Details

Multifamily Units 1

Amenities

24-hour doorman
roof deck
private storage room

Building Details

Building Size 2,936 SF
Year Built 1913
Year Renovated 2007
Listing Agency: Douglas Elliman Real Estate
Listed By: Iman Barkhordari · License #30BA0974347
Source: Serhant
Added: Apr 9 Changed: Aug 8 Last Checked: Aug 10 at 9:20AM

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.

This three-bedroom condominium loft offers 2,541 square feet of interior space plus 395 square feet of outdoor living. A private elevator landing opens to an expansive residence with 11-foot ceilings, oversized windows, hardwood flooring, custom moldings, and a flexible arrangement that can accommodate a fourth bedroom, home office, or live/work setup. The open kitchen includes marble counters, premium appliances, an externally vented hood, and a dining bar. The primary suite features a dressing area, fitted closets, and a marble ensuite bath with a soaking tub and glass-enclosed shower.

Outdoor space includes a private terrace with north- and south-facing exposures and a rooftop terrace measuring approximately 12' x 22'. The upper level also has a skylight, atrium windows, and a full bathroom, allowing use as a bedroom suite, media room, or artist studio. Additional features include a private deeded storage room and an externally vented Bosch washer/dryer.

The Parkwood Condominium was built in 1913 and converted in 2007. The 22-residence building provides 24-hour doorman service, roof deck access, and welcomes pets. The property is located in Manhattan’s Nomad and Flatiron Districts, near Madison Square Park, dining, grocery shopping, and Fifth Avenue retail.

Key Highlights

  • 2,541 SF interior with 395 SF of outdoor living
  • Three‑bedroom condominium loft with flexible fourth‑bedroom or live/work potential
  • 11‑foot ceilings, oversized windows, hardwood flooring, and custom millwork

Property Analytics

Current Use

Single Parent Resource ... Food Bank Tamara Magel - New ... Interior Design One to One services ... Wedding Service

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Buffet Butcher Adult Day Care Locksmith

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

72,565
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
Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Three-bedroom condominium loft with flexible living areas, private elevator access, multiple terraces, and full-service building amenities.
Where is this residential income property located?
The property is located at 31 E 28TH Street PHEAST New York City, NY.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: 2,541 SF interior with 395 SF of outdoor living; Three‑bedroom condominium loft with flexible fourth‑bedroom or live/work potential; 11‑foot ceilings, oversized windows, hardwood flooring, and custom millwork
More about this property
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