The Anton Group at Marcus & Millichap, as the exclusive agent for the owner, is pleased to offer for sale the office and retail building located at 34 W 28th Street, New York, NY 10001 (“The Property”).

The Property is a 6-story, 14,606 gross square foot office and retail building situated in the heart of NoMad. The building has been completely gutted and is vacant, allowing for a variety of investment or owner-user opportunities.

34 W 28th Street falls within the boundaries of the Midtown South Mixed-Use rezoning plan. It currently has a total 27,160 square feet of available air rights. It is expected that upon the passage of this plan, the FAR (Floor Area Ratio) will increase from 10 to 12, which will provide an additional 5,432 square feet of air rights for a total of 32,592 square feet. The passage of this plan is also expected to permit residential use of the building.

The Property is situated in the heart of the thriving NoMad neighborhood, just steps away from the 28th Street R and W subway stop. It is surrounded by popular hotels such as The Ritz Carlton NoMad, Virgin Hotels NYC, Moxy NYC Chelsea, The Ned NoMad, and the Martinique NY on Broadway. Additionally, the Property is located in close proximity to some of Manhattan’s most renowned landmarks, including the Empire State Building and Madison Square Garden. Nearby, the Penn District is undergoing a $6 billion revitalization project, which will create a world-class transit hub expected to serve over 600,000 daily users, making it the busiest in the Western Hemisphere.