253 W 28th St FL 4, New York, NY 10001

Studio
For Sale
$3,500,000
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This full-floor loft with over 5,000 square feet (lot size appx. 5,817SF) exudes style and sophistication. The flexible layout allows for many different configurations including multiple office areas with two full baths and a powder room. Architect-designed, the work/office/studio spaces are separated by frosted tempered glass walls, letting light flow throughout the space while maintaining distinct and functional separation. The professional chef's kitchen features off-white Terrazzo stone flooring and countertops that contrast beautifully with dark oak custom cabinetry. Other features include four exposures, ten-foot ceilings, private keyed-elevator entry, tri-zone central A/C, a washer/dryer and a media room wired for sound. Currently zoned commercially; historically the building and the loft have been utilized as a live/work space or other commercial use. Building is in process of converting top three floors (including 4FL) to residential/live/work. Photos were taken five years prior. Ideal north Chelsea location opposite the Fashion Institute within three blocks of 1/2/3, C/E, N/R/W, PATH transportation lines, the Highline and all that downtown Manhattan has to offer. Investor friendly. Estimated cap rate with available/transferrable air rights up to 7,583SF : 3.0%.  MoreLess
Facts
  • Cooperative
  • Built in 1890
  • 394 days on Zillow
  • MLS #: 8801362
Features
  • Storage
    Additional Features
    • Laundry Room, Storage, Pre-War
    Construction
    • Room count: 4
    • Unit count: 0
    Other
    • Zillow Home ID: 2123293920
    Home Values
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    $3,778/mo
    +$75 Last 30 daysd
    $2.8K
    $6.0K
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    Neighborhood for 253 W 28th Street FL 4

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    Zillow predicts 10001 home values will rise 7.5% next year, compared to a 1.8% rise for New York as a whole.

    Foreclosures will be a factor impacting home values in the next several years. In the 10001 market, the number of foreclosures waiting to be sold shrank 1.8% in the last year. The number of unsold foreclosures is 50% lower than in New York, and 98.5% less than the national average. This lower local number could help 10001 home values rise more quickly than other regions in New York.

    Learn more about forecast calculations or 10001 home values.
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      Other Units in this Building (8)ZestimateBedsBathsSqft

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