Updated 4 days ago
In contract

The Wheeler Building

28 West 38th Street, 2-W

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

Loft 6.5 Rooms2 Beds1.5 Baths1,860 Square FeetCo-op

$1,495,000
Maintenance$2,908
Price Per SF
$804

Listing Features

  • Family Room
  • High Ceilings
  • Home Office
  • Live/Work
  • Separate Dining Area
  • Walk-in Closet
  • Dishwasher
  • Microwave
  • S Steel Appliances
  • Powder Room

Outdoor space and views

  • South 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, 2-W

Artist Loft - Legal Live Work

Discover the versatility of this expansive 2-bedroom, 1.5-bath loft in the heart of Midtown South, featuring soaring 13-foot ceilings that enhance the spaciousness and provide an unparalleled sense of openness. With a flexible layout and generous proportions, this home offers the perfect blend of functionality and style. (The half bathroom can be converted into a full bathroom)

Currently used as a photography studio and living space, this loft is thoughtfully divided into distinct areas, allowing for seamless live-work possibilities. The spacious living room, ideal for entertaining, offers ample room for lounging, hosting gatherings, or creating a dynamic work-from-home setup. A separate family room and dining area provide additional living space, ensuring both comfort and flexibility.

The recently renovated kitchen, designed by Steve Kief Design, features custom Italian-made cabinetry, providing exceptional storage space and a modern aesthetic. Equipped with sleek Bosch appliances, the kitchen is both stylish and highly functional. A stunning stone backsplash and waterfall countertop add elegance to the space, while the eat-in counter seating offers a perfect spot for casual dining or socializing. DOMUS line custom lighting enhances the atmosphere, creating a warm and inviting space.

The primary bedroom boasts a walk-in closet, while an office and an additional small room in the living area provide versatile options-perfect for extra storage, a creative studio, or a quiet workspace. Hardwood floors flow throughout, while the in-unit washer/dryer and central A/C add both comfort and convenience.

Whether you're looking for a loft that seamlessly blends work and leisure or a home with endless design potential, this unique space is ready to be transformed into your vision!

The Wheeler Building, a distinguished prewar loft residence designed by the acclaimed architectural firm Goldwin, Starrett & Van Vleck in 1909, seamlessly blends historic character with modern conveniences. This boutique building offers an intimate and sophisticated living experience, featuring a key-locked elevator, and a secure video entry system.

Located in the heart of Midtown South, The Wheeler offers effortless access to a diverse array of acclaimed dining, shopping, and cultural destinations. Indulge in the refined Italian cuisine of Ai Fiori at The Langham, the award-winning French-inspired fare at Gabriel Kreuther, or the modern elegance of Le Pavillon. For those craving a classic steakhouse experience, Wolfgang's Steakhouse remains a neighborhood staple. The area is also home to some of the city's most renowned cocktail bars and lounges, including the timeless Lobby Bar at the Ace Hotel, the intimate Patent Pending, and the chic Bo Peep Cocktail & Highball Store.

For shopping and everyday essentials, Whole Foods is just a short walk away, while nearby retailers like Muji, Dover Street Market, and the boutiques of NoMad offer unique fashion and design finds. Further elevating Midtown South's dynamic culinary scene, the soon-to-debut Shaver Hall will introduce a variety of exciting new dining options, bringing even more energy to the neighborhood.

Cultural and recreational attractions abound in the neighborhood. The Morgan Library & Museum offers an unparalleled collection of literary and artistic treasures, while Scandinavia House serves as a hub for Nordic arts and culture. Vanderbilt Tennis provides a rare opportunity for recreation in the heart of the city, and just a few blocks away, Bryant Park acts as a vibrant urban retreat, hosting year-round events, including winter ice skating, open-air movie nights, and seasonal markets.

Seamless connectivity makes getting around effortless. The neighborhood is served by multiple subway lines, including the B, D, F, M, N, Q, R, W, and 7 trains, ensuring quick access to all parts of Manhattan and beyond. Grand Central Terminal is nearby, offering Metro-North service and a direct link to the LIRR via Penn Station. Citibike stations and numerous bus routes further enhance convenience, making Midtown South one of the city's most accessible and well-connected districts.

With pieds- -terre and pets permitted (subject to Board approval), The Wheeler presents a rare opportunity to embrace the sophistication, convenience, and cultural richness of one of Manhattan's most sought-after neighborhoods.

Video Walkthrough


Listing History for 28 West 38th Street, 2-W

Now
06/20/2025
Contract Signed by Brian Morgan
Corcoran
05/08/2025
$1,495,000 [-$305,000] [16.9%]
Price Drop by Brian Morgan
Corcoran

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: 2123055