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Property profile & analytics
OFF-MARKET Estimated value $2,780,000
Office buildings

32 28th St New York, NY 10001-4221

8,476 SF 0.05 ac lot Built 1940
Entity Owned 10-yr Hold ~ Est. High Equity
Property ID
US63-1737620
Property summary
AI-generated overview

This exceptional 1,800 square foot creative office space occupies an entire floor at 32 West 28th Street, situated in the vibrant Flatiron District of Manhattan. The space boasts a sleek, modern design with a mostly open layout, perfect for fostering collaboration and creativity. Key features include a large glass conference room, ideal for client meetings or team brainstorming sessions. A private bathroom and a fully equipped kitchen add to the convenience and comfort of the space. Access is provided via a private keyed elevator opening directly into the office suite, ensuring privacy and security. High exposed ceilings and hardwood floors contribute to the loft-like ambiance, complemented by preserved architectural details. The property is located in a prime Nomad/Flatiron location, offering easy access to multiple subway lines, ensuring convenient commutes for employees and clients alike. The building's total square footage is 13,500 square feet, and the property is located near the intersection of West 28th Street and Broadway in New York County. This full-floor tenancy presents a unique opportunity to secure a highly desirable and well-appointed office space in one of Manhattan's most sought-after neighborhoods.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1940
Total area 8,476 SF
Lot 0.05 ac (2,222 SF)
Zoning code M1-6
APN 00829-0062
UPID US63-1737620
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Pilates by Charis Gym & Fitness Center
  • Chelsea Arts Tile & Stone Building Supply
  • Professional Permanent Makeup by Vera Melnik Medical Clinic Skin Care Clinic
  • Beauty by fomicheva Hair Salon
  • Nomad Acupuncture Medical Clinic Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.78M
Owner & transaction history
Justatone Building INC · 10 yrs held
Justatone Building INC
since 2016
6 recorded transactions
2016
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
M1-6 · New York, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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