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Manhattan / Midtown-Times Square / 10018

28 WEST 38 STREET

Boro1
Block839
Lot63
BBL1008390063
Class D0
Residential units
22
Units in total
24
Storeys
12
Year built
1910
Last alteration on file
1987
Recorded transfers
29 since 2003
01

What has sold here

Every transfer the City has recorded against this lot since 2003 with a consideration above zero. A co-op apartment has no deed, so its sale is recorded as a Real Property Transfer Tax return instead; both are printed here and the instrument is named in the last column. The figure is the consideration as filed, which is not always the price a buyer would recognise.

RecordedConsiderationUnitWhat transferredInstrument
28 May 2026$1,970,4339ESINGLE RESIDENTIAL COOP UNITRPTT&RET
14 Aug 2024$1,450,0005ESINGLE RESIDENTIAL COOP UNITRPTT&RET
26 Jul 2024$1,570,0003ESINGLE RESIDENTIAL COOP UNITRPTT&RET
7 Jun 2024$1,485,0004ESINGLE RESIDENTIAL COOP UNITRPTT&RET
16 Apr 2024$1,800,00010WSINGLE RESIDENTIAL COOP UNITRPTT&RET
28 Jun 2023$1,758,0006ESINGLE RESIDENTIAL COOP UNITRPTT&RET
10 Mar 2023$1,450,00011ESINGLE RESIDENTIAL COOP UNITRPTT&RET
11 Sep 2019$1,985,0006WSINGLE RESIDENTIAL COOP UNITRPTT&RET
31 May 2019$1,825,0009ESINGLE RESIDENTIAL COOP UNITRPTT&RET
22 Oct 2015$2,750,00012ESINGLE RESIDENTIAL COOP UNITRPTT&RET
11 Aug 2015$2,100,0005WSINGLE RESIDENTIAL COOP UNITRPTT&RET
21 Jul 2015$2,100,00010ESINGLE RESIDENTIAL COOP UNITRPTT&RET
15 Nov 2013$2,200,0009-WSINGLE RESIDENTIAL COOP UNITRPTT&RET
25 Jul 2013$1,800,0006BSINGLE RESIDENTIAL COOP UNITRPTT&RET
29 Apr 2013$1,427,5008ESINGLE RESIDENTIAL COOP UNITRPTT
21 Jun 2012$3,800,000PH12WSINGLE RESIDENTIAL COOP UNITRPTT&RET
19 Jun 2012$1,375,0006ESINGLE RESIDENTIAL COOP UNITRPTT&RET
28 Mar 2012$999,9991BSINGLE RESIDENTIAL COOP UNITRPTT&RET
6 Mar 2012$1,225,0005WSINGLE RESIDENTIAL COOP UNITRPTT&RET
19 Dec 2011$1,175,0002ASINGLE RESIDENTIAL COOP UNITRPTT&RET
7 Jan 2010$1,325,0007ESINGLE RESIDENTIAL COOP UNITRPTT&RET
30 Aug 2007$1,775,0003WSINGLE RESIDENTIAL COOP UNITRPTT&RET
11 May 2007$1,355,0002ASINGLE RESIDENTIAL COOP UNITRPTT&RET
13 Jul 2006$250,0006GSINGLE RESIDENTIAL COOP UNITRPTT&RET
19 Jan 2006$1,580,0003WSINGLE RESIDENTIAL COOP UNITRPTT
10 May 2005$10,00010ESINGLE RESIDENTIAL COOP UNITRPTT&RET
9 May 2005$1,335,00010ESINGLE RESIDENTIAL COOP UNITRPTT
11 Apr 2005$2,480,00012WSINGLE RESIDENTIAL COOP UNITRPTT
10 Jun 2004$1,350,0006ESINGLE RESIDENTIAL COOP UNITRPTT
RPTT&RET
BOTH RPTT AND RETT. A New York City Real Property Transfer Tax return filed together with the New York State return. A co-operative apartment sale conveys shares rather than real property, so this return, and not a deed, is what gets recorded.
RPTT
NYC REAL PROPERTY TRANSFER TAX. A New York City Real Property Transfer Tax return filed on its own.

By year

YearTransfersMedian recordedLowestHighest
20261$1,970,433--
20244$1,527,500$1,450,000$1,800,000
20232$1,604,000$1,450,000$1,758,000
20192$1,905,000$1,825,000$1,985,000
20153$2,100,000$2,100,000$2,750,000
20133$1,800,000$1,427,500$2,200,000
20124$1,300,000$999,999$3,800,000
20111$1,175,000--
20101$1,325,000--
20072$1,565,000$1,355,000$1,775,000
20062$915,000$250,000$1,580,000
20053$1,335,000$10,000$2,480,000
20041$1,350,000--
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 4,937 SQ FT12
Drawn from PLUTO: 12 storeys, 55,870 sq ft of building on 4,937 sq ft of lot, an average floor plate covering 94% of it. The dashed outline is the difference between the floor area ratio already built (11.32) and the residential floor area ratio of the zoning district (15). It is a diagram of recorded figures, not a picture of the building.
Lot area
4,937 sq ft
Building area
55,870 sq ft
Residential area
51,870 sq ft
Commercial area
4,000 sq ft
Office area
-
Retail area
4,000 sq ft
Buildings on the lot
1
Built floor area ratio
11.32
Residential FAR permitted
15
Zoning district
M1-9A/R12
03

Assessment

Assessed land value
$837,000
Assessed total value
$7,466,400
Exempt value
$134,787
Assessed per residential unit
$339,382

Assessed value is the figure the Department of Finance uses to levy property tax. For a class two building it is derived from an income approach and it is capped in how fast it can rise. It is not a market valuation and the two figures routinely differ by a wide margin. What the assessment does and does not tell you.

04

Classification and location

Building class
D0ELEVATOR CO-OP; CONVERSION FROM LOFT/WAREHOUSE
Neighbourhood
Midtown-Times Square
ZIP code
10018
Community district
Manhattan 5
Council district
4
Coordinates
40.751363, -73.984267
05

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Every building on file in Midtown-Times Square