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428 West 54th Street 1New York, NY 10019

For Sale

$3,999,999

Smart Buyer Rebate $50,000

Owned by a famous recording artist who once considered transforming
it into a private recording studio, the space carries a distinct creative
energy. 428 West 54th Street is one of Manhattan’s most unique retail
spaces, spanning 5,800 square feet across the ground floor, basement,
and mezzanine. High ceilings, exposed brick, and modern upgrades, it offers a stylish and flexible layout perfect for a flagship store, boutique, or
innovative retail concept or possibly a residential conversion.

Listed by David Graff

·

Compass

·

(917) 664-1452

Last updated January 21, 2026

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Source: REBNY #RLS20066703

Listing Facts

  • TypeCondo
  • NeighborhoodHell's Kitchen
  • Bathrooms1.5
  • Days on Prevu17
  • HOA/Maint. Fees$1,060/month
  • Taxes$65,496/year
  • Size5,800 sqft
  • Price per sqft$690

Location

Mortgage Calculator

Listing History

01/13/2026
Listed by Compass
$3,999,999

Estimated Closing Costs

Total
$149,098
Attorney Fees
$4,000
NYC Mansion Tax
$59,999
Title Insurance
$18,000
Bank Attorney
$1,500
Mortgage Recording Tax
$61,599
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $3,999,999 and a 20% 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 428 West 54th Street 1

Association

Amenities

  • Pets Allowed: Building No, No

Fees

  • Association Fee: $1,060.00 Monthly

Exterior

Construction

  • Number Of Units Total: 1
  • Stories Total: 7
  • Structure Type: High Rise
  • Year Built: 2007
  • Entry Level: 1

Measurements

  • Lot Size Units: SquareFeet

Financial

Taxes

  • Tax Annual Amount: $65,496.00

Interior

Measurements

  • Living Area: 5,800
  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Half: 3
  • Bathrooms Total Integer: 2
  • Rooms Total: 5

Other

Location

  • City Region: Manhattan
  • Subdivision Name: Hell's Kitchen
  • Tax Block: 01063
  • Tax Lot: 7502

Utilities

Equipment

  • Laundry Features: See Remarks

Frequently Asked Questions

How many bedrooms and bathrooms does this condo have?

There is bedrooms and 1.5 bathrooms in this condo at 428 West 54th Street 1.

What are the annual taxes for 428 West 54th Street 1?

Annual taxes for this condo are estimated at $65,496.

How does 428 West 54th Street 1 compare to other condos in Hell's Kitchen?

This condo is listed 88% above the average price for condos in Hell's Kitchen and has been on the market for 315 less days than the typical home in this area.

What is the square footage on this condo?

According to the MLS, this listing is 5,800 sqft.

428 West 54th Street 1 is a -bedroom, 1.5-bath condo for sale in New York NY 10019. Available on Prevu for 17 days at $3,999,999. This residence features 5,800 square feet of living space, located in Hell's Kitchen. The median listing price for condos in this area is $1,175,000. Explore more condo listings in Manhattan.

Based on information from 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 in the market. ©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.