Prevu by reAlpha
BuySellBlogBrowse Listings

28 West 38th Street PHWNew York, NY 10018

For Sale

$4,900,000

Smart Buyer Rebate $61,250

Moments from Fifth Avenue and Bryant Park, this approximately 3,100-square-foot, two-bedroom, two-and-a-half-bath duplex home combines the privacy, industrial texture, and outdoor space of a downtown loft with the convenience of central Midtown.

Originally a manufacturing space, the home features a Workshop/APD renovation that preserves its industrial character while shaping it into a warm, highly functional home for daily life. Across two light-filled levels, oversized picture windows and north, south and west exposures keep the interiors open and bright. Aged smoked Chambord oak floors, satin glass, dark patina steel, and custom lighting give the home its distinctive balance of warmth, edge, and architectural restraint.

The lower level is reserved for retreat. The primary suite includes a large dressing room, a bedroom anchored by a stone-framed gas fireplace, and a distinctive bath finished with split-faced diamond grey limestone, teak flooring, dark chocolate stainless steel, and custom acid-etched glass partitions and shower enclosures.

The second bedroom suite adds generous proportions, strong natural light, and a crisp, skylit bath where warm teak flooring, frosted glass, and clean architectural lines create a calm, spa-like feel.

Upstairs, the mood opens. A floating staircase leads to a full living and dining level with a wood-burning fireplace and a windowed chef's kitchen appointed with Sub-Zero, Viking, and Miele appliances, along with Caesarstone countertops. Integrated Lutron lighting and surround sound add comfort, control, and ease throughout the home.

Outside, the loft reveals one of its strongest advantages. A landscaped deck with surround sound and a gas grill creates an easy setting for evenings above the city, while a metal and ipe staircase leads to an additional roof terrace with sweeping Manhattan skyline views and a direct view of the Empire State Building.

With its scale, Workshop/APD renovation, manufacturing history, two-level layout, three exposures, two private bedroom suites, and private outdoor space, this is not a conventional Midtown apartment. It has the texture and individuality of a downtown loft, with Fifth Avenue and Bryant Park just moments away.

26-28 West 38th Street is a 12-story, 30-unit co-op with video security and an on-site full-time superintendent. Pets are permitted. A capital assessment of $500.50 per month is currently in place, and there is a 1.5% flip tax payable by the seller. A freight elevator upgrade is planned, funded from building reserves.

Listed by Raphael E DeNiro

·

Brown Harris Stevens Residential Sales LLC

·

212-381-3344

Listed by James C Flowers

·

Brown Harris Stevens Residential Sales LLC

Last updated June 09, 2026

·

Source: REBNY #RLS20095657

RLS Data display by Prevu Real Estate LLC

Listing Facts

  • TypeCo-op
  • NeighborhoodGarment District
  • Bedrooms2
  • Bathrooms2.5
  • Days on Prevu12
  • HOA/Maint. Fees$3,943/month
  • Size3,100 sqft
  • Price per sqft$1,581

Amenities

  • Dishwasher
  • Private Outdoor Space

Location

Mortgage Calculator

Listing History

06/04/2026
Listed by Brown Harris Stevens Residential Sales LLC
$4,900,000

Estimated Closing Costs

Total
$83,000
Attorney Fees
$4,000
NYC Mansion Tax
$73,500
Bank Attorney
$1,500
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $4,900,000 and a 25% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 28 West 38th Street PHW

Association

Amenities

  • Pets Allowed: Building Yes, No

Fees

  • Association Fee: $3,943.00 Monthly

Financial

  • Flip Tax: 1.5%
  • Flip Tax Remarks: Seller Pays

Exterior

Construction

  • Number Of Units Total: 30
  • Stories Total: 12
  • Year Built: 1910
  • Architectural Style: Loft
  • Building Name: The Wheeler Building
  • Entry Level: 12

Features

  • Building Features: Elevator(s)
  • Patio And Porch Features: Terrace, Wrap Around
  • View: City Lights, City

Interior

Features

  • Appliances: Dishwasher, Washer Dryer Allowed
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Interior Features: High Ceilings, Walk-In Closet(s)

Measurements

  • Living Area: 3,100
  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 2
  • Rooms Total: 7

Other

Location

  • City Region: Manhattan
  • Subdivision Name: Midtown
  • Tax Block: 00839
  • Tax Lot: 0063

Utilities

Equipment

  • Laundry Features: Washer Hookup, In Unit

Frequently Asked Questions

How many bedrooms and bathrooms does this co-op have?

There are 2 bedrooms and 2.5 bathrooms in this co-op at 28 West 38th Street PHW.

How does 28 West 38th Street PHW compare to other co-ops in Garment District?

This co-op is listed 317% above the average price for co-ops in Garment District and has been on the market for 111 less days than the typical home in this area.

What building or home owners association is the co-op part of?

This co-op is in the The Wheeler Building building.

What is the square footage on this co-op?

According to the MLS, this listing is 3,100 sqft.

28 West 38th Street PHW is a 2-bedroom, 2.5-bath co-op for sale in New York NY 10018. On Prevu for 12 days at $4,900,000. This residence features 3,100 square feet of living space, located in Garment District. The median listing price for co-ops in this area is $1,380,000. The home offers private outdoor space and dishwasher. Browse more co-op listings in Manhattan.

RLS Data display by Prevu Real Estate LLC The Registrant acknowledges each other RLS Broker's ownership of, and the validity of their respective copyright in, the Exclusive Listings that are transmitted over the RLS. The information is being provided by RLS at REBNY Listing Service, Inc. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. 2026 RLS at REBNY Listing Service, Inc. All rights reserved. Based on information from the Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity. 2026 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.