New York City  »  10001  »  W 28th St  »  116 W 28th St

116 West 28th Street, New York, NY 10001 - Property report

Also known as: 112 W 28th St

Property image for 116 West 28th Street, New York, NY 10001
static Mapbox map

Property type

Limited Service - Many Affiliated with National Chain (H3)

Year built

2010

Lot sq. ft.

5,925

Sale price

$4,400,000

General information

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Address
Primary address
116 West 28th Street
Alternate address(es)
112 W 28th St
ZIP code
10001
Neighborhood
Chelsea
Borough
Manhattan
Block & lot
00803-0049

Owner

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Building
Property type
Limited Service - Many Affiliated with National Chain (H3)
Building sq. ft.
44,358
Building dimensions
60 ft x 78 ft
Buildings on lot
2
Stories
18
Year built
2010
Last altered
2018
Building material
Sales
Sale date
03/29/2005
Sale price
$4,400,000
Tax
Tax year
2026-2027
Property tax
$888,055
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
60 ft x 98.75 ft
Lot sq. ft.
5,925

Area overview

Walk score
99 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
93 /100.  Biker's Paradise
School district
2
Community district
5
Closest police station
0.43 Miles
Closest fire station
0.14 Miles

View more such as transportation, nearby schools and risk designations.

Ownership information for 116 West 28th Street, New York, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 116 West 28th Street, New York, NY 10001

Sale date Sale price Buyer name Seller name
03/29/2005 $4,400,000 XXXXXX XXXX XXXXXX, XXX. XXXXXXXX XXXXXX XXXX.

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
05/15/2025 - R
05/13/2025 - D
Assignment of Leases and Rents
(2025051300255004)
XXXXXXX XXXX XXXXX XXX XXXXXX XXXX
04/28/2025 - R Initial UCC1
(2025042800337001)
XXXXXXX XXXX XXXXX XXX XXXXXX XXXX X XXXXXXXXXX XXXXXXX XXXXXXXXXXX
05/15/2025 - R
04/24/2025 - D
Agreement
(2025051300255003)
XXXXXXX XXXX XXXXX XXX XXXXXX XXXX
05/15/2025 - R
04/24/2025 - D
Mortgage
(2025051300255002)
XXXXXXX XXXX XXXXX XXX XXXXXX XXXX
05/15/2025 - R
04/24/2025 - D
Assignment, Mortgage
(2025051300255001)
XXXXXX XXXXXXX XXXX XX XXXXXXX XXXXXXX XXXXX XXXXX XXXXXX XXXX
07/07/2026 - R
06/10/2024 - D
Sundry Miscellaneous
(2026063000541001)
XXXXXX XXXX XXXXXX XXX
10/16/2018 - R
10/03/2018 - D
Zoning Lot Description
(2018101201007002)
XXXXXXX XXXX XXXXX XXX
10/16/2018 - R
09/24/2018 - D
Certificate
(2018101201007001)
XXXXXXX XXXX XXXXXXXX
06/29/2015 - R
06/16/2015 - D
Assignment, Mortgage
(2015062500261001)
XXXX XX XXXXXXX X X XXXXXXXXXX XXXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX
04/30/2015 - R UCC3 Termination
(2015043000069001)
XXXXXXX XXXX XXXXXX XXX XXXX XXXXXXXXXXXXX XXXXXXXXXX XXXX XX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 116 West 28th Street, New York, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$888,055
Municipal exemptions
Recent tax assessments
Market value
$20,058,000
Assessed value
$9,026,100

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y change
2025/26 $19,295,000 $8,682,750 $7,689,719 10.848% $834,181 $834,181 -8.81%
2024/25 $19,677,000 $8,854,650 $8,500,424 10.762% $914,816 $914,816 +6.97%
2023/24 $17,942,000 $8,073,900 $8,073,900 10.592% $855,187 $855,187 -1.94%
2022/23 $18,204,000 $8,191,800 $8,191,800 10.646% $872,099 $872,099 +1.28%
2021/22 $17,791,000 $8,005,950 $8,005,950 10.755% $861,040 $861,040 -14.40%
2020/21 $25,739,000 $11,582,550 $9,406,350 10.694% $1,005,915 $1,005,915 -17.78%
2019/20 $25,801,000 $11,610,450 $11,610,450 10.537% $1,223,393 $1,223,393 +1.76%
2018/19 $26,810,000 $12,064,500 $11,435,020 10.514% $1,202,278 $1,202,278 +3.95%
2017/18 $26,245,000 $11,810,250 $11,000,430 10.514% $1,156,585 $1,156,585 +9.53%
2016/17 $26,514,000 $11,931,300 $9,986,130 10.574% $1,055,933 $1,055,933 +11.26%

Permit information for 116 West 28th Street, New York, NY

Filing date Job type Job status Job description Initial cost
01/14/2025 Alt-CO - new building with existing elements to remain
01/28/2024 Alteration
12/29/2023 Alteration
04/18/2023 Alteration
05/31/2022 Full demolition

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
06/20/2023 Lblvio-low pressure boiler boiler required
06/20/2023 Lblvio-low pressure boiler boiler required
07/22/2021 E-elevator elevatorrequired

*Most recent DOB violations on record for this property.

Manhattan commercial market stats

Review a detailed real estate market overview of Manhattan and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Manhattan and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$729

10.4% Y-o-Y

Q1 2026 median price/sq. ft.

$807

22.4% Y-o-Y

2025 median price/sq. ft.

$630

-8.1% Y-o-Y

Check out recently sold homes in Manhattan and see how their prices compare.

Risk

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
7th Ave & 28th St at SE Corner
Station lines
1
Distance (miles)
0.109

Access the detailed traffic volume map for 116 West 28th Street, New York, NY 10001 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Frequently asked questions

What is the year built for 116 West 28th Street, New York, NY 10001?

The development at 116 West 28th Street, New York, NY 10001 was built in 2010.

What is the market value of 116 West 28th Street, New York, NY 10001?

The current market value of 116 West 28th Street, New York, NY 10001 is $20,058,000.

What is the total square footage of 116 West 28th Street, New York, NY 10001?

116 West 28th Street, New York, NY 10001 has a total of 44,358 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.

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