Updated 3 days ago

The Wheeler Building

28 West 38th Street, PH-W

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

Loft 7.5 Rooms2 Beds2.5 Baths3,100 Square FeetCo-op

$4,900,000
Maintenance$3,943
Price Per SF
$1,581

Listing Features

  • Corner Apartment
  • Custom Lighting
  • Dressing Area
  • Duplex
  • High Ceilings
  • Library / Den
  • Penthouse/Top Flr
  • Separate Dining Area
  • Split Bedrooms
  • Surround Sound
  • Walk-in Closet
  • Washer / Dryer
  • Picture Windows
  • Skylights
  • Center Island
  • Dishwasher
  • Eat-in Kitchen
  • Gourmet Kitchen
  • S Steel Appliances
  • En Suite Bathroom
  • Powder Room
  • Soaking Tub
  • Stall Shower

Outdoor space and views

  • Private Roof
  • Wrap Terrace
  • City Views
  • Empire State Bldg
  • Skyline 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, PH-W

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.

Listing History for 28 West 38th Street, PH-W

Now
08/11/2026
$4,900,000
Initial Price by Raphael E. De Niro
Brown Harris Stevens
06/30/2026
TOM by Raphael E. De Niro
Brown Harris Stevens

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

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

Railroad

Grand CentralMetro-North Railroad
0.39 miles
Penn StationLong Island Rail Road
0.49 miles

Citi Bike

W 37 St & 5 Ave
0.08 miles
E 40 St & 5 Ave
0.15 miles

Building Availability

APPSF
Median
Average
$1,581
$4,900,000
$4,900,000
$804
$1,495,000
$1,495,000
Last 12 months
$985
-
-
Last 12 months
$58
-
-

Loft2 Bedrooms in Midtown West

APPSF
Median
Average
$1,581
$4,900,000
$4,900,000
$804
$1,510,000
$1,510,000

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: 2182188