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52 W 28th St 4,335 SF 100% Leased Retail Building New York, NY 10001 $7,900,000 ($1,822.38/SF)
INVESTMENT HIGHLIGHTS
- Mixed Use Building for Sale
EXECUTIVE SUMMARY
Douglas Elliman has been exclusively retained through Douglas Elliman Commercial LLC to sell 52 West 28th Street on the south side of 28th Street between 5th and 6th Avenues. This four story mixed use building has three units and one storefront unit. This property is a great opportunity for an investor to maximize the 6,090 SF of unused FAR available. This property is located in the up and coming NoMad neighborhood, a hotbed of luxury condo buildings. The buyer has many options on how to maximize the investment asset.
Allowed usable floor area: 9,870 SF
Usable floor area as built: 3,780 SF
Unused FAR: 6,090 SF
The floor to area ration is the maximum number of square feet that can be built on a site relative to the square footage of the lot. Unused FAR indicates available air rights. The unused FAR is the allowed FAR minus the unused FAR.
Allowed usable floor area: 9,870 SF
Usable floor area as built: 3,780 SF
Unused FAR: 6,090 SF
The floor to area ration is the maximum number of square feet that can be built on a site relative to the square footage of the lot. Unused FAR indicates available air rights. The unused FAR is the allowed FAR minus the unused FAR.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
4,335 SF
Building Class
C
Year Built/Renovated
1915/2018
Price
$7,900,000
Price Per SF
$1,822.38
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Building FAR
3.32
Lot Size
0.03 AC
Zoning
C6-4X - Commercial, Residential Multi-Family
Frontage
AMENITIES
- Property Manager on Site
Walk Score®
Walker's Paradise (100)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (92)
NEARBY MAJOR RETAILERS
![[solidcore]](https://images1.loopnet.com/i2/X1DfwMFhQUJtrEvdN0O4PHppb1UchnIXcAPoILYKKzI/105/image.jpg "[solidcore]")
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $30,653,330 | |
| Land Assessment | $9,765,000 | Total Assessment | $40,418,330 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$9,765,000
Improvements Assessment
$30,653,330
Total Assessment
$40,418,330
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52 W 28th St
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