---
title: "25 West 28th Street #PH40C, New York City, NY 10001"
description: "25 West 28th Street #PH40C, New York City, NY 10001 — NoMad, New York City, NY. Listing Price $4,500,000. 1 bed, 2 bath, 989 sqft Illustrative Buyer Commission Share of $67,500 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10001/25-west-28th-street-ph40c-PH40C-ny-10001"
source: "Real Estate Rebate Team"
status: "Active"
---

# 25 West 28th Street #PH40C, New York City, NY 10001

NoMad, New York City, NY

Courtesy of Douglas Elliman Real Estate

## At a Glance

- **Listing Price**: $4,500,000
- **Beds**: 1
- **Total Baths**: 2
- **Sqft**: 989
- **Common Charges**: $5,033 / mo
- **Price per Sqft**: $4,550
- **Brokerage Fee**: Share Eligible

## The Private Brokerage Advantage

As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction.

- **Contract Purchase Price**: $4,500,000
- **Illustrative Buyer Commission Share**: -$67,500*
- **Illustrative Net Cost**: $4,432,500

*Illustrative Buyer Savings of $67,500 — 50% of a 3% buyer-broker commission, shared at closing.*

[Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)

## Photos (10)

![25 West 28th Street #PH40C, New York City, NY 10001 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/bf4cf62a-09a5-45ec-b5d0-c0b5914b293c.jpg)
![25 West 28th Street #PH40C, New York City, NY 10001 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c3b6ccbc-a7c1-4ecb-bca3-3ebccf9c93ce.jpg)
![25 West 28th Street #PH40C, New York City, NY 10001 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/13ff849f-ef4b-4ab7-9d01-174fb4cb5eed.jpg)
![25 West 28th Street #PH40C, New York City, NY 10001 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/81b4c513-a833-4b16-b420-98c433e9f0a2.jpg)
![25 West 28th Street #PH40C, New York City, NY 10001 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5a96b5fd-14d7-4209-b884-e038e5138023.jpg)
![25 West 28th Street #PH40C, New York City, NY 10001 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9dbf38fa-f7d8-4804-b01c-ca4f418fefad.jpg)
![25 West 28th Street #PH40C, New York City, NY 10001 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/52c58f8b-2ada-408a-ac5b-ffc9dd880c98.jpg)
![25 West 28th Street #PH40C, New York City, NY 10001 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2bbf4115-6c50-4bbe-b4a6-4709424eee31.jpg)
![25 West 28th Street #PH40C, New York City, NY 10001 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e5bafab0-222b-4d27-84b8-f1be08977a8e.jpg)
![25 West 28th Street #PH40C, New York City, NY 10001 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c334cbda-36e9-4f05-8331-98cf8472fa2b.jpg)

## Property Overview

INCOME PRODUCING PENTHOUSE

 Delivered fully furnished and move-in ready, Penthouse 40C presents a rare opportunity as a luxury pied-a-terre or an income-producing investment. Owners, their families, and guests may enjoy the residence for up to 120 nights per year, while The Ritz-Carlton's expertly managed Rental Program offers seamless nightly, weekly, or monthly leasing options when not in use.

 Soaring nearly 500 feet above Manhattan's iconic skyline, and at the top of the newest tower by internationally acclaimed architect, Rafael Vinoly, PH40C offers an extraordinary, high-floor 989 SF 1-bedroom, 1.5-bathroom western penthouse suite with unparalleled panoramic views through oversized picture windows-with 12-foot mullion-free panes south to One World Trade, the Statue of Liberty, and well beyond.

 PHC is the largest 1-bedroom penthouse residence- featuring premium custom interiors with white oak floors and millwork throughout. With over 10-foot ceilings, the luxurious and sophisticated space includes a Poliform kitchen with honed white Quartzite island, backsplash and countertop, as well as Bronzed glass cabinetry with integrated LED lighting. A top-of-the-line Miele appliance suite with double (speed steam and convection) ovens, an induction stove and dual-zone wine storage complete this perfectly conceived kitchen.

 The lavish primary bathroom emanates luxury with Bardiglio Nuvolato marble floors and walls, a Duravit deep soaking tub and Dornbracht fixtures. A separate shower and water closet with frameless, acid-etched glass doors, dual ceiling mounted rain-shower and slide-bar fixtures, as well as a custom-carved Terrazzo double-sink elevate the spa-level bathroom experience. The separate powder room features honed marble floors and a custom-carved Terrazzo sink and basin. Additional details include an owner's closet to store belongings when not in town, Miele stacked washer and dryer, and a Lutron panel for lighting and drapery controls.

 Unlike any other product ever developed in Manhattan, the Penthouses Residences are the perfect NYC pied-a-terre, replete with The Ritz-Carlton gold-standard of service, best-in-class amenities and helicopter views. .

 Offering price includes a custom, fully furnished and turn-key residence.

 The Ritz-Carlton Residences, New York, NoMad are not owned, developed or sold by The Ritz-Carlton Hotel Company, L.L.C. or its affiliates ("Ritz-Carlton"). RP 1185, LLC uses the Ritz-Carlton marks under license from The Ritz-Carlton Hotel Company L.L.C.

## Property Details

- **Property Type**: Condominium
- **Beds**: 1
- **Total Baths**: 2
- **Rooms**: 3
- **Sqft**: 989 sqft
- **Stories**: 38
- **Year Built**: 2021
- **Price per Sqft**: $4,550
- **Common Charges**: $5,033 / Monthly
- **Listed On**: Jun 24, 2025
- **Days on Market**: 447 Days

### Residence Features

- Central Air
- Building Other
- Washer Hookup
- In Unit
- Building Courtyard
- Private Outdoor Space Over 60 Sqft
- City
- Panoramic
- River

## Sales Evidence

### Recent closed sales

19 apartments at The Ritz-Carlton Re have recorded sales since September 2021, the most recent for $7,000,000 in April 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| 41D (Apartment) | 2 | 1,848 | $7,000,000 | $3,788/ft² | April 10, 2026 | MLS |
| 42A (Apartment) | 2 | 1,750 | $8,200,000 | $4,686/ft² | May 27, 2025 | MLS |
| PH-40B (Apartment) | 1 | 911 | $2,400,000 | $2,634/ft² | December 20, 2024 | City record · MLS |
| PH43B (Apartment) | 1 | 911 | $4,121,468 | $4,524/ft² | July 19, 2023 | City record · MLS |
| PH43D (Apartment) | 2 | 1,848 | $7,898,722 | $4,274/ft² | June 21, 2023 | City record · MLS |
| PH43C (Apartment) | 1 | 989 | $4,353,996 | $4,402/ft² | June 8, 2023 | City record · MLS |
| PH43A (Apartment) | 2 | 1,750 | $8,235,256 | $4,706/ft² | May 30, 2023 | City record · MLS |
| PH42C (Apartment) | 1 | 989 | $3,928,577 | $3,972/ft² | May 5, 2023 | City record · MLS |
| PH42D (Apartment) | 2 | 1,848 | $7,367,420 | $3,987/ft² | April 18, 2023 | City record · MLS |
| PH42A (Apartment) | 2 | 1,750 | $7,353,734 | $4,202/ft² | April 17, 2023 | City record · MLS |
| PH40B (Apartment) | 1 | — | $3,111,300 | — | February 22, 2023 | City record · MLS |
| PH42B (Apartment) | 1 | 911 | $3,740,071 | $4,105/ft² | January 27, 2023 | City record · MLS |
| PH41A (Apartment) | 2 | 1,750 | $6,441,860 | $3,681/ft² | January 12, 2023 | City record · MLS |
| PH41B (Apartment) | 1 | 911 | $3,316,471 | $3,640/ft² | January 12, 2023 | City record · MLS |
| PH40C (Apartment) | 1 | 989 | $3,497,243 | $3,536/ft² | January 3, 2023 | City record · MLS |
| PH40D (Apartment) | 2 | 1,848 | $6,250,094 | $3,382/ft² | December 29, 2022 | City record · MLS |
| PH41D (Apartment) | 2 | 1,848 | $6,401,864 | $3,464/ft² | December 20, 2022 | City record · MLS |
| PH41C (Apartment) | 1 | 989 | $3,612,193 | $3,652/ft² | December 13, 2022 | City record · MLS |
| PH40A (Apartment) | 2 | 1,750 | $6,241,860 | $3,567/ft² | December 12, 2022 | City record · MLS |

Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below.

### How this price compares

The median closed price for comparable one-bedroom sales at The Ritz-Carlton Re is $3,612,193, based on 9 sales between December 2022 and December 2024. This home is asking $4,500,000, $887,807 above that median. The middle half of those sales closed between $3,316,471 and $3,928,577.

- **Median closed price**: $3,612,193
- **Middle half**: $3,316,471 – $3,928,577
- **Based on**: 9 one-bedroom sales at The Ritz-Carlton Re
- **Period**: December 2022 – December 2024
- **Median $/ft²**: $3,812/ft²

Across the 9 of these sales with a published asking price, the median closed at 91.7% of what it originally asked. 100% of them closed below the original ask.

### How these sales were negotiated

- **Sold vs original ask**: 91.7% of the original ask
- **Closed below ask**: 100% of 9 sales
- **Listed → in contract**: 35 days (about 5 weeks)
- **In contract → closed**: 223 days (about 32 weeks)

Across the 9 of these sales with a published asking price, the median closed at 91.7% of what it originally asked. 100% of them closed below the original ask.

Half of these homes were in contract within 35 days (about 5 weeks) of coming to market, based on the 9 with a recorded listing date.

Once a deal was agreed, closing took a further 223 days (about 32 weeks), based on the 9 with both dates recorded.

These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure.

Based on 9 one-bedroom sales at The Ritz-Carlton Re, December 2022 – December 2024. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ.

### Price trend

Median sold price for condo and house one-bedroom sales in NoMad, 2017 to 2025. The series is held to one bedroom count and one ownership type for the same reason: an unfiltered median tracks which apartments sold, not what they were worth.

| Year | Median sold price | Sales |
| --- | --- | --- |
| 2017 | $1,807,044 | 16 |
| 2018 | $1,493,112 | 28 |
| 2019 | $1,877,306 | 26 |
| 2020 | $1,185,000 | 11 |
| 2021 | $1,387,500 | 36 |
| 2022 | $2,055,000 | 90 |
| 2023 | $2,108,750 | 28 |
| 2024 | $1,423,306 | 18 |
| 2025 | $1,585,000 | 19 |

This building does not have enough sales with a recorded floor area to chart its own price per square foot, which is usual for a co-op. The series above follows comparable homes across NoMad instead.

Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for.

[See every recorded sale at The Ritz-Carlton Re](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-ritz-carlton-re)

## Price and Property History for 25 West 28TH Street, Unit PH40C

Review the recorded listing activity for 25 West 28TH Street, Unit PH40C, including asking-price changes and prior market dates.

- **Last sold (recorded)**: $3,497,243 on January 3, 2023

| Date | Price | Listing event |
| --- | --- | --- |
| June 24, 2025 | $4,500,000 | Listed for sale by Douglas Elliman Real Estate |
| January 3, 2023 | $3,497,243 | Sold — recorded sale price |
| March 25, 2022 | $3,750,000 | Entered contract |
| March 24, 2022 | $3,750,000 | Listed for sale by Douglas Elliman Real Estate |

## Property Tax History

Taxes at 25 West 28th Street #PH40C were $24,510 in 2026, up 1.9% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $244,173 | $11,571 | $232,602 | $227,748 | $24,510 | 10.762% (estimated) |
| 2025 (FY 2025/26) | $226,061 | $11,571 | $214,490 | $223,481 | $24,051 | 10.762% (estimated) |
| 2024 (FY 2024/25) | $140,576 | $11,571 | $129,005 | $140,576 | $15,129 | 10.762% |
| 2023 (FY 2023/24) | $140,576 | $11,571 | $129,005 | $140,575 | $14,890 | 10.592% |

The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one.

Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls.

Figures are the New York City Department of Finance assessment roll for tax lot 1008301204. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change.

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## About The Building

### The Ritz-Carlton Re

NoMad · Condominium

25 West 28th Street, New York, NY 10001

A building in NoMad, currently featuring 1 active listing.

- **Year Built**: 2021
- **Total Units**: 1
- **Floors**: 38

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-ritz-carlton-re)

### Available Residences — For Sale (1)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [PH40C](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10001/25-west-28th-street-ph40c-PH40C-ny-10001) | 1 | 2 | 989 sqft | $4,550 | $4,500,000 | Douglas Elliman Real Estate | Jun 24, 2025 | 446 days |

## Estimated Monthly Payment

**$27,787 / month**, assuming a 20% down payment ($900,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $22,754
- **Common Charges**: $5,033

Estimates only. Actual payments may vary. Confirm terms with your lender.

## Potential NYC Second-Home Tax

This property may be subject to New York City’s non-primary residence surcharge if it is not used as a qualifying primary residence. The surcharge is based on the NYC Department of Finance market value, not the listing price.

[Estimate the Potential Surcharge](https://realestaterebatesnewyork.com/calculators/nyc-second-home-tax-calculator)

## NoMad

Overview of NoMad

[Explore NoMad](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/nomad) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby NoMad

- [Gramercy real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/gramercy)
- [Kips Bay real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/kips-bay)
- [Chelsea real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/chelsea)
- [Greenwich Village real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/greenwich-village)
- [Murray Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/murray-hill)
- [Stuyvesant Town real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/stuyvesant-town)

## Related Links

- [The Ritz-Carlton Re — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-ritz-carlton-re)
- [NoMad neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/nomad)
- [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

---

> RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

> 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 and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.