31 28Th St New York, NY 10016
This exceptional 3,800-square-foot ground floor retail condominium is located in the heart of NoMad, within the luxurious Parkwood building. Boasting approximately 22 feet of frontage and impressive 14- to 16-foot high ceilings, this space offers significant visibility and a spacious layout. Currently delivered vacant and in white-box condition, it provides a blank canvas for customization, perfectly suited for a new user to design to their exact specifications. An additional 1,400 square feet of below-grade space adds to the overall functionality. The property is offered at $3,600,000, translating to $947.37 per square foot. This owner/user opportunity presents a unique chance to establish a presence in a vibrant and highly sought-after neighborhood. NoMad's appeal stems from its proximity to Madison Square Park (two blocks north), an abundance of upscale restaurants, bars, shops, and attractions, drawing both tourists and residents. The area also offers convenient access to essential amenities, including Whole Foods, Barry's Bootcamp, CycleBar, and SLT Nomad. Excellent public transportation is readily available, with the 6 train just a short distance away at 28th Street and Park Avenue South, and the R and W trains conveniently located three blocks west at 28th Street and Broadway. All uses will be considered. Immediate occupancy is available.
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Single Parent Resource Center, Inc. - Food Distribution Center Food Bank Charitable Organization
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Tamara Magel - New York Interior Design Home Decor Store
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One to One services LLC Wedding Service Event Planning
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.