26-28 West 38th Str

26-28 West 38th Str is a Co-op located 28 West 38th Street, in Midtown South, New York. The building was first built in 1910 and is 114 years old. It was first renovated and altered in 1987. The lot that the building was built on is 50 feet wide and 99 feet long. The official lot area is listed as 4,937 square feet. The building itself is 50 feet wide and 88 feet long. In total, 28 West 38th Street has a total floor area of 55,870 square feet. Of that, 51,870 square feet are used for residential purposes. About 4,000 square feet of the building are used for commercial purposes. There are a total of 24 units. Of those, 22 are residential units. There are two commercial units. 28 West 38th Street has a total of 12 floors. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? Great news, subletting is currently allowed, which makes this a great opportunity for folks who just want a secondary home or make some passive rental income. There are many great amenities and features for residents in the building. Residents who own pets will be happy to hear that the building is pet-friendly. There are 24 closings on record, of which we have matching data for 5 listings. In the past 3 years, a listing in this building will typically remain on the market for about 169 days and tend to sell below the original asking price of $1,995,000 by 4.55%. Meaning, listings tend to sell at a median of $1,017 price per square foot. The transaction that took the longest to complete was unit 12E, listed on Nov 04, 2014 for $2,750,000. This particular unit ultimately sold 352 days later for $2,750,000. The most recent transaction was for unit 6E, which was first advertised on Jan 10, 2023, sold for $1,758,000 on Jun 28, 2023. Fun fact, the oldest transaction we have on record took place on Aug 17, 1978. See the full transaction history for 26-28 West 38th Str below.

Midtown South, where 28 West 38th Street is located, has a median asking price of $750,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $1,995,000. For interested buyers, that means the building's median asking price is around 1.66% above the neighborhood's median asking price for co-ops. A buyer may therefore end up paying more for a unit in this building compared to other co-op buildings in the neighborhood.

There are currently 3 active listings for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. Currently, the most expensive asking price for all of the active units in the building is $1,650,000. It is a 2,000 sqft 3 bedroom and 2 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $1,495,000. It is a 2,000 sqft 2 bedroom and 2 bathroom unit. A breakdown of active listings shows 2 two-bedroom, 1 three-bedroom, units for sale! The median price of all the active units for sale in the building is $1,550,000. Collectively, the median square footage of these active units for sale is 2,000 sqft. Active units for sale at 28 West 38th Street are mostly 2-bedroom apartments Active units for sale at 28 West 38th Street have a median count of 2 bedrooms and have a median count of 2 bathrooms.