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A retail block changes hands on 32nd Street

The deed for the five-story building in Midtown South lists $41.5 million, 26% above its 2017 price.

Midtown South · October 28 · Based on 3 documents

Address

Key facts

$41.5 million, recorded October 21

26% above 2017 price

About $1,729 per sq ft

Five stories, 24,000 sq ft

A deed for 28 West 32nd Street was recorded on October 21 with a price of $41.5 million. That is 26% above the $33 million recorded at the previous sale in 2017. The deed lists 24,000 sq ft of gross building area.

$41.5M

Price recorded for 28 West 32nd Street

The 2026 price works out to about $1,729 per sq ft. The 2017 sale works out to $1,375 per sq ft on the same area. The two prices are $8.5 million apart.

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Still in this story

The year on the certificate of occupancy

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What the zoning map says about the lot

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Sources

TopicsRetail