RealtyLens
for saleRealtyLens property overview
$4,500,000

25 W 28th St Ph 40C

New York, NY, 10001
View more New York, NY property pages
1Beds
1.5Baths
989Sqft
$4550$/sqft

Listing Notes

INCOME PRODUCING PENTHOUSE Delivered fully furnished and move-in ready, Penthouse 40C presents a rare opportunity as a luxury pied-a-terre or an income-producing investment. Owners, their families, and guests may enjoy the residence for up to 120 nights per year, while The Ritz-Carlton's expertly managed Rental Program offers seamless nightly, weekly, or monthly leasing options when not in use. Soaring nearly 500 feet above Manhattan's iconic skyline, and at the top of the newest tower by internationally acclaimed architect, Rafael Vinoly, PH40C offers an extraordinary, high-floor 989 SF 1-bedroom, 1.5-bathroom western penthouse suite with unparalleled panoramic views through oversized picture windows-with 12-foot mullion-free panes south to One World Trade, the Statue of Liberty, and well beyond. PHC is the largest 1-bedroom penthouse residence- featuring premium custom interiors with white oak floors and millwork throughout. With over 10-foot ceilings, the luxurious and sophisticated space includes a Poliform kitchen with honed white Quartzite island, backsplash and countertop, as well as Bronzed glass cabinetry with integrated LED lighting. A top-of-the-line Miele appliance suite with double (speed steam and convection) ovens, an induction stove and dual-zone wine storage complete this perfectly conceived kitchen. The lavish primary bathroom emanates luxury with Bardiglio Nuvolato marble floors and walls, a Duravit deep soaking tub and Dornbracht fixtures. A separate shower and water closet with frameless, acid-etched glass doors, dual ceiling mounted rain-shower and slide-bar fixtures, as well as a custom-carved Terrazzo double-sink elevate the spa-level bathroom experience. The separate powder room features honed marble floors and a custom-carved Terrazzo sink and basin. Additional details include an owner's closet to store belongings when not in town, Miele stacked washer and dryer, and a Lutron panel for lighting and drapery controls. Unlike any other product ever developed in Manhattan, the Penthouses Residences are the perfect NYC pied-a-terre, replete with The Ritz-Carlton gold-standard of service, best-in-class amenities and helicopter views. . Offering price includes a custom, fully furnished and turn-key residence. The Ritz-Carlton Residences, New York, NoMad are not owned, developed or sold by The Ritz-Carlton Hotel Company, L.L.C. or its affiliates ( Ritz-Carlton ). RP 1185, LLC uses the Ritz-Carlton marks under license from The Ritz-Carlton Hotel Company L.L.C.

Market Insights

Above nearby median+223%

$4550/sqft vs a nearby median of $1409/sqft.

Nearby median$1409/sqft
Nearby properties8
Property size989 sqft
  • +223% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 989 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$1.42M$1.29M$1.55M · 50% confidence
vs ask $4.50M+$3.08M (+68.4%)

Asking price is about 68.4% above where comps + adjustments land — there is room to negotiate.

$1,402/sqft median across 6 tight comps × 989 sqft= $1.39M
  • Transit access+$55k +4.0%
  • Days-on-market gravity−$42k −3.0%
  • Modern construction+$21k +1.5%
Cumulative NYC adjustments+$35k+2.5%

Property Read

FreshnessCurrent market data

The listing facts are current enough for an initial property review.

Market Position+223% vs nearby

The property is priced above the nearby median per square foot, so condition, building quality, and exact location need to justify the higher ask.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read2 items to check
AI ReadinessReady to analyze
Assistant read

Generate a buyer-agent read of this listing — pricing, risks, comp check, and negotiation leverage. Takes a few seconds.

Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
322 days
Last price change
No change recorded
Listed
Jun 25, 2025
Photos
21 photos
Property type
condos
Status
for sale

Features & Amenities

DoormanElevatorOutdoor SpaceViewWasher DryerWater ViewTwo Or More StoriesWaterfrontHigh CeilingRental PropertyViews

Photos

Building Facts

Year built
2021
Stories
40
Total units
17
Building area
7.45 ac
Lot size
18,166 sqft
Land use
Commercial and office buildings
Building class
RH

From NYC public records where available.

Price History

May 4, 2026Initial record
$4,500,000for sale

Public Records

DOB violations2 open

21 total recorded against the building

HPD violations1 open

1 total recorded

ACRIS documents0

Tax-lot deed, mortgage, and transfer records on file

311 calls (12 mo)21,139

Top: vendor enforcement

Top complaint types in ZIP 10001

  • Vendor Enforcement3,327
  • Encampment3,264
  • Illegal Parking1,697
  • Noise - Residential1,557
  • Homeless Person Assistance962

Recent DOB

  • Nov 14, 2025V-DOB VIOLATION - ACTIVE · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
  • Nov 14, 2025V-DOB VIOLATION - ACTIVE · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
  • Feb 22, 2024V*-DOB VIOLATION - DISMISSED · BENCH-FAILURE TO BENCHMARK NONE
  • Dec 1, 2023V*-DOB VIOLATION - DISMISSED · EGRADE-FAILURE TO POST ENERGY GRADE/SCORE NONE

Recent HPD

  • May 11, 2026Class A · (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD S WEBSITE, WWW.NYC.GOV\HPD, SEARCH BE...

Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.