Overview

  • Asking Price $6,650,000
  • Stories 7
  • Total SF 16,200
  • Total Units 18

485 East 28th Street is a 7-story building, comprising approximately 16,200 SF across seventeen (17) residential units, one (1) ground-floor duplexed community facility space and nine (9) available parking spaces. The unit mix includes six (6) rent-stabilized affordable units, nine (9) rent-stabilized threshold units, and two (2) free-market units all of which will revert to fair market status at the end of the abatement period. Additionally the building has a Certificate of Occupancy from 2023 which makes the building exempt from Good Cause Eviction until 2053.

Highlights

New Construction Elevator Building

Exempt from Good Cause Eviction

Unit Mix - Eight (8) 1-bedrooms and Nine (9) 2-bedrooms
Immediate Parking Upside

Free-Market Upside

Team

Miles Davis-Bosch

Miles Davis-Bosch

Fritz Richter

Fritz Richter

Director
Avison Young - US - NY - New York
Patrick Madigan

Patrick Madigan

Director
Avison Young - US - NY - New York
Joseph Moran

Joseph Moran

Associate Director
Avison Young - US - NY - New York