Updated 8 days ago

The Wheeler Building

28 West 38th Street, 3-E

Midtown West, Manhattan | Fifth Ave & Ave of the Americas

Loft 5 Rooms3 Beds2 Baths2,000 Square FeetCo-op

$1,695,000
Maintenance$2,908
Price Per SF
$848

Listing Features

  • Formal Dining Room
  • High Ceilings [12']
  • Recessed Lighting
  • Washer / Dryer
  • Dishwasher
  • Eat-in Kitchen
  • S Steel Appliances

Outdoor space and views

  • North Exposure
  • South Exposure
  • West Exposure

Building Amenities

  • Video Intercom
  • Keyed Elevator
  • Laundry Room
  • Renovated Lobby

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 28 West 38th Street, 3-E

Timeless MIDTOWN Loft in the Glamorous Garment District is now offered for Sale!

Home to world-renowned, award-winning husband & wife designers and their family! This classic work/live loft is approximately 2000sf, sunny and quiet with huge, original wood windows (the middle window is a 8x8' pivoting beauty), and soaring high ceilings. Currently set up as an enormous open living, office, dining and kitchen space occupying the front half of the loft and 2 bedrooms + Home Office/3rd bedroom, and 2 full bathrooms, occupying the back half of the loft. The stylish Eat-in kitchen features a Farmers sink and high-end stainless steel appliances: a Viking Fridge, a Wolf Stove and a Bosch Dishwasher. One completely brand NEW renovated bathroom equipped with a porcelain bathtub, 2 drawer vanity & sink top, mirrored and lighted medicine cabinet and a brand new toilet, ALL surrounded in Pure White subway tiles. The second bathroom, offers navy blue mosaic floors, white tile walls and Grohe fixtures. There are beautiful original hardwood floors throughout, stylish ceiling fans in each room, A full size Bosch Washer/Dryer and an abundant amount of storage.

The Wheeler Building was built in 1910 and is a high-end beautiful boutique property with only two apartments per floor, secured entrance with key-fob locked elevators and a fabulous super from 9-4. This well established coop has excellent financials, creative and interesting shareholders which helps keep the maintenance low.

It's centrally located, just a stone's throw from the new high-end condo developments on Fifth Avenue, as well as the historic Lord & Taylor department store, Now home to Amazon new offices, and of course the iconic New York Public Library & Bryant Park. Walking distance to almost all NYC subway lines, Penn Station and the Grand Central Stations, as well as great restaurants like Michelin listed Tonchin, Sechuan Gourmet, Cho Dang Gol and Daniel Bouloud's Le Pavillion. This kind of value, with this kind of potential, is very hard to find!
Call me today to book your private appointment!
please note: current assessment in place of $386.75 per month.

Listing History for 28 West 38th Street, 3-E

Now
12/26/2023
$1,695,000 [-$4,000] [0.2%]
Price Drop by Rinat Gabai
Douglas Elliman
09/06/2023
$1,699,000
Initial Price by Rinat Gabai
Douglas Elliman

Building Details for 28 West 38th Street

OwnershipCo-op
Building TypeLoft
Service LevelVideo Intercom
AgePre-War
AccessKeyed Elevator
Year Built1910
Financing Allowed75%
Floors/Apts12/22
Learn More About the Building

Transit and Citi Bike

Subway

5 Av
0.2 miles
42 St-Bryant Pk
0.21 miles
34 St-Herald Sq
0.23 miles
Grand Central-42 St
0.26 miles
Times Sq-42 St
0.28 miles

Railroad

Grand CentralMetro-North Railroad
0.37 miles

Citi Bike

W 37 St & 5 Ave
0.07 miles
E 40 St & 5 Ave
0.13 miles

Building Availability

APPSF
Median
Average
$854
$1,622,500
$1,622,500
Last 12 months
$825
-
-

Loft3+ Bedrooms in Midtown West

APPSF
Median
Average
$848
$1,695,000
$1,695,000

Midtown West | Manhattan

Quick Profile

People, yellow cabs, bright lights, big crowds, 24-hour eateries and just about every type of store imaginable. it’s a frenetic buzz that only a few places on the globe can offer. And that’s just one part of it. Midtown West is the birthplace of hustle and bustle and it’s bordered by 42nd to the south, 59th Street to the north, 8th Avenue to the west, and 5th Avenue to the east. 

Midtown West is not as residential as other neighborhoods in Manhattan. The bustling part of Midtown West is 42nd Street between Times Square and 8th Avenues where the retail and office space, theatres, and attractions are. No matter what time of day it is, you'll always find activity there. 

Residential buildings lay near the western end of Midtown West beginning around 8th Avenue. 

Location, location, location. Of all the neighborhoods and enclaves of Manhattan, Midtown West is perhaps the most commutable place to live, visit, or work. It contains one of the highest concentrations of subway lines in the Big Apple. A, C, E, N, Q, R, 1, 2, 3, and the 7 train. The transit system feeds the streets with commuters from everywhere. The Port Authority Bus Terminal and nearby Penn Station adds to the number of people that flood Midtown on any given day. 

It’s one of the easiest places in all of Manhattan to navigate because it’s a true grid. Uptown, street numbers go up. Downtown, street numbers go down. It’s the same concept from east to west. You really can’t get lost in Midtown West.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 101732