$7,495,000
$500K PRICE DROP

Estimated payment $56,059/month

Total Views 9,033
2 Beds
2.5 Baths
1,848 Sq Ft
$4,056 Price per Sq Ft

Highlights

  • River View
  • Patio
  • High-Rise Condominium
  • I.S. 126Q Albert Shanker School Community School Rated A-

About This Home

25 West 28th Street, #PH41D

Thru August 2025, PH 41D is 70% in rental income compared to 2024! At that pace, the PH is poised to reach just under $1M for the year, for a conservative, blended cap rate of 4.2%, which is unheard of for a a luxury property you can use in NYC.

Welcome to Penthouse 41D at the acclaimed Ritz-Carlton, Nomad Residences designed by legendary architect Rafael Vinoly. Graced with exclusive benefits and helicopter views of the Lower Manhattan skyline, the Statue of Liberty, Hudson Yards, and the Upper Bay, this lavish 2-bedroom, 2.5-bathroom offering is unlike anything else in the city.

Exclusive Ritz-Carlton Benefits

An ideal pied-a-terre property and a tantalizing investment opportunity, owners have access to the penthouse for up to 120 nights a year and can appoint The Ritz-Carlton to rent and manage the home and generate income when they are away. The building has legally circumvented local AirBnB laws and expertly markets and advertises to achieve some of the highest nightly rental rates in the city.

Residents also have access to all the amenities and services of the famed Ritz-Carlton Hotel. These include renowned wellness and spa services, a state-of-the-art gym, event and lounge spaces, a rooftop bar, two restaurants, and in-room dining run by Michelin-starred chef Jose Andres. Additionally, all the best restaurants, bars, cafes, and shops that NoMad has to offer are moments away.

Penthouse Living

Interiors are stunning in every way and can be delivered exquisitely furnished. Oversized picture windows let in an abundance of southern and western light, accentuating beautiful white oak floors, custom millwork, and soaring ceilings over 10 feet high. A state-of-the-art Lutron panel controls lighting and motorized drapes.

The Poliform kitchen is adorned with an eat-in waterfall island, honed white quartzite countertops and backsplash, bronzed glass cabinetry with built-in LED lighting, and fully integrated Miele appliances.

True Bedroom Suites

The king-size primary suite has a reach-in closet, a dedicated owner closet for when the residence is not in use, and a decadent en-suite bathroom with Bardiglio Nuvolato marble slab walls and floors, a carved Terrazzo double sink, acid-etched glass shower and water closet enclosures, a walk-in rainfall shower, and a deep Duravit soaking tub.

The second bedroom suite can easily accommodate two double beds and has a reach-in closet and spa-like en-suite bathroom. A stacked Miele washer and dryer complete the home.

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.

Listed by Broker Owner

Listing Agent

Lauren Mitinas

Serhant License #10401221884 Listed on: 03/21/2025

Serhant

Co-Listing Agent

Ilya Kazakin-Kuteyev

Serhant License #10401356732

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2021

HOA Fees

  • $8,984 Monthly HOA Fees

Property Views

  • River

Home Design

  • 1,848 Sq Ft Home
  • Entry on the 38th floor

Bedrooms and Bathrooms

  • 2 Bedrooms

Additional Features

  • Laundry in unit
  • Patio
  • No Cooling

Community Details

  • 16 Units
  • High-Rise Condominium
  • The Ritz Carlton Re Condos
  • Nomad Subdivision
  • 44-Story Property

Listing and Financial Details

  • Legal Lot and Block 1209 / 01824

Property Details

Home Type

Condominium

Year Built

Built in 2021

Lot Details

0

HOA Fees

$8,984 per month

Listing Details

  • Exposures: East,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: NoMad
  • Entry Level: 38
  • Structure Type: High Rise
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 44

Interior Features

  • Fireplace: No
  • Living Area: 1848.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Integer: 3
  • Bedrooms: 2

Exterior Features

  • View: City Lights, City, River
  • View: Yes
  • Exterior Features: None, Private Outdoor Space Over 60 Sqft
  • Patio/Porch Features: Patio

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building None, In Unit
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 8984.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Zoning Description: M1-6

Building Info

  • New Construction: No
  • Building Name: The Ritz-Carlton Re
  • Units: 16
  • Total Stories: 44
  • Year Built: 2021

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 01824
  • Tax Lot: 1209

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2025 09/18/25 Price Changed $7,495,000 -1.3% $4,056 / Sq Ft
07/22/2025 07/22/25 Price Changed $7,595,000 -1.9% $4,110 / Sq Ft
05/12/2025 05/12/25 Price Changed $7,745,000 -1.3% $4,191 / Sq Ft
04/04/2025 04/04/25 Price Changed $7,845,000 -1.9% $4,245 / Sq Ft
03/21/2025 03/21/25 For Sale $7,995,000 -- $4,326 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20010888

Real Estate Board of New York (REBNY)