--- title: "28 West 38th Street #PHW, New York City, NY 10018" description: "28 West 38th Street #PHW, New York City, NY 10018 — Midtown, New York City, NY. Listing Price $4,900,000. 2 bed, 3 bath, 3,100 sqft Illustrative Buyer Commission Share of $73,500 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10018/28-west-38th-street-phw-ny-10018" source: "Real Estate Rebate Team" dateModified: "2026-09-11T20:33:44.553Z" status: "Active" --- # 28 West 38th Street #PHW, New York City, NY 10018 Midtown, New York City, NY Courtesy of Brown Harris Stevens Residential Sales LLC Last updated: September 11, 2026, 4:33 PM ## At a Glance - **Listing Price**: $4,900,000 - **Beds**: 2 - **Total Baths**: 3 - **Sqft**: 3,100 - **Common Charges**: $3,943 / mo - **Price per Sqft**: $1,581 - **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**: $4,900,000 - **Illustrative Buyer Commission Share**: -$73,500* - **Illustrative Net Cost**: $4,826,500 *Illustrative Buyer Savings of $73,500 — 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) ![28 West 38th Street #PHW, New York City, NY 10018 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/08b46911-f549-401e-bb5f-030a2fac4a39.jpg) ![28 West 38th Street #PHW, New York City, NY 10018 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5ad2bb0c-4dfa-4b07-a74f-55ba3dbfca07.jpg) ![28 West 38th Street #PHW, New York City, NY 10018 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4b321ee3-d5de-4270-a581-ed9f897c3090.jpg) ![28 West 38th Street #PHW, New York City, NY 10018 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2f65adfe-ce6e-4f48-8164-a92fc70822da.jpg) ![28 West 38th Street #PHW, New York City, NY 10018 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a7757d38-d40d-4866-82f4-168a288fb3e4.jpg) ![28 West 38th Street #PHW, New York City, NY 10018 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2a10ef57-2be9-41dc-b1c9-0fa3de7c8226.jpg) ![28 West 38th Street #PHW, New York City, NY 10018 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3304db98-2285-46dd-882c-9a06996e94cd.jpg) ![28 West 38th Street #PHW, New York City, NY 10018 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e96501b3-6d1c-4fa6-b6db-fcddad074dd2.jpg) ![28 West 38th Street #PHW, New York City, NY 10018 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/fe0c5b24-8e46-4b5b-bc07-6ca25d51ad71.jpg) ![28 West 38th Street #PHW, New York City, NY 10018 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c25f4452-657a-47bd-a8c3-eb9eb26cb798.jpg) ## Property Overview 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. ## Property Details - **Property Type**: Duplex - **Beds**: 2 - **Total Baths**: 3 - **Rooms**: 7 - **Sqft**: 3,100 sqft - **Stories**: 12 - **Year Built**: 1910 - **Price per Sqft**: $1,581 - **Common Charges**: $3,943 / Monthly - **Listed On**: Jun 4, 2026 - **Days on Market**: 110 Days ### Residence Features - Building Other - Washer Hookup - In Unit - Private Outdoor Space Under 60 Sqft - High Ceilings - Walk-In Closet(s) - Dishwasher - Washer Dryer Allowed - City Lights - City ## Estimated Monthly Payment **$28,720 / month**, assuming a 20% down payment ($980,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $24,777 - **Common Charges**: $3,943 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Sales and market data ### Recent sales 8 apartments at 28 West 38th Street have recorded sales since September 2021, the most recent for $1,450,000 in August 2026. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | [2W](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10018/28-west-38th-street-w-2W-ny-10018) (Loft) | 2 | 1,860 | $1,450,000 | $780/ft² | August 28, 2026 | MLS | | 9E (Apartment) | — | — | $1,970,433 | — | May 28, 2026 | City record | | 5E (Apartment) | 2 | 2,000 | $1,450,000 | $725/ft² | August 14, 2024 | City record · MLS | | 3E (Apartment) | 3 | 2,000 | $1,570,000 | $785/ft² | July 26, 2024 | City record · MLS | | 4E (Apartment) | 2 | 1,800 | $1,485,000 | $825/ft² | June 7, 2024 | City record · MLS | | 10W (Apartment) | — | — | $1,800,000 | — | April 16, 2024 | City record | | 6E (Loft) | 2 | 1,900 | $1,758,000 | $925/ft² | June 28, 2023 | City record · MLS | | 11E (Apartment) | — | — | $1,450,000 | — | March 10, 2023 | City record | 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 - **This home**: $4,900,000 - **Median sold price**: $1,485,000 - **Difference**: +$3,415,000 (+230%) - **This home, $/ft²**: $1,581 - **Median $/ft²**: $825 - **Comparable sales**: 3 - **Sales from**: June 2023 – August 2024 - **Middle half of those sales**: $1,467,500 – $1,621,500 Based on two-bedroom sales at 28 West 38th Street. ### How these sales were negotiated - **Sale-to-list price**: 95.8% (3 sales) - **Sold below asking**: 100% (3 sales) - **Typical time to find a buyer**: 106 days (3 sales) - **Typical time to close**: 86 days (3 sales) Based on two-bedroom sales at 28 West 38th Street with the required listing and closing data. Sample sizes vary by metric. 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. ### Price trend Median sale price, co-op two-bedroom sales in Midtown | Year | Median sold price | Sales | | --- | --- | --- | | 2017 | $1,180,000 | 10 | | 2018 | $842,000 | 12 | | 2021 | $750,000 | 15 | | 2022 | $802,500 | 10 | | 2024 | $1,210,000 | 10 | Based on recorded co-op two-bedroom sales in Midtown. Sales data through August 2026. 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 28 West 38th Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/28-west-38th-street) ## Price and Property History for 28 West 38TH Street, Unit PHW Review the recorded listing activity for 28 West 38TH Street, Unit PHW, including asking-price changes and prior market dates. | Date | Price | Listing event | | --- | --- | --- | | August 11, 2026 | $4,900,000 | Returned to the market | | June 4, 2026 | $4,900,000 | Listed for sale by Brown Harris Stevens Residential Sales LLC | ## Property Taxes This apartment is part of a co-op that is taxed as one lot shared across 22 apartments. The corporation’s 2026 property tax bill was $754,415 for the whole building. Shareholders cover it through their monthly maintenance rather than a separate bill for this unit. [See the full property tax history for 28 West 38th Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/28-west-38th-street) [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### 28 West 38th Street Midtown · Duplex 28 West 38th Street, New York, NY 10018 A building in Midtown, currently featuring 1 active listing. - **Year Built**: 1910 - **Active Units**: 1 - **Floors**: 12 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/28-west-38th-street) ### Available Residences — For Sale (1) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [PHW](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10018/28-west-38th-street-phw-ny-10018) | 2 | 3 | 3,100 sqft | $1,581 | $4,900,000 | Brown Harris Stevens Residential Sales LLC | Jun 4, 2026 | 109 days | ## 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) ## Midtown The Center of the World [Explore Midtown](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/midtown) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Midtown - [Murray Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/murray-hill) - [Theater District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/theater-district) - [Kips Bay real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/kips-bay) - [Hells Kitchen real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/hells-kitchen) - [Flatiron District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/flatiron-district) - [Chelsea real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/chelsea) ## Related Links - [28 West 38th Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/28-west-38th-street) - [Midtown neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/midtown) - [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.