
38 W 26th St Unit PH 12 AB New York, NY 10010
NoMad NeighborhoodHighlights
- Rooftop Deck
- 3-minute walk to 28 Street (N,R Line)
- 1 Fireplace
- P.S. 11 Sarah J. Garnet School Rated A
- Skyline View
- 4-minute walk to Madison Square Park
About This Home
As of October 2024Truly one-of-a-kind 5,500 square foot PRE-WAR PENTHOUSE LOFT just a block away from Madison Square Park
This expansive full floor loft with four exposures and soaring ceilings was meticulously renovated by the owner, a renowned German artist. A keyed elevator opens onto private landing hallway on 12th floor and the massive 60' by 99' floor plate. Ceiling heights range from 10'10" to 20'10", and 22 oversized windows and two large skylights flood the entire loft with light in this free-standing building. The loft was originally designed for the owner's live-work and international pied-a-terre lifestyle by the architect, Reinhold Martin.
The South side of the loft spans 110' of the frontage from East, South to West with 12 large windows. This open public space consists of an extravagant living area with a vintage wood burning fireplace, a large chef's kitchen, a dining area, and a bookshelf-lined library. Two bedrooms with abundant light are on the East side of the loft, and two full bathrooms decorated with Moroccan tiles are on the West side. Appliances include a 36" wide SubZero refrigerator, a professional Thermador oven, a Miele dishwasher and Miele washer & dryer.
The North side of the loft is another sensational scaled open space, once used as the artist's studio and office. It can easily be turned into multiple bedrooms or a large primary bedroom with ensuite bathroom, as the plumbing risers in the Northwest corner of the loft are already in place. This impressive loft with its open design provides endless possibilities to create your own layout.
The design of the space and the custom-built cabinetry by Walter Nikkels are a perfect representation of the Bauhaus design with exceptional attention to detail and craftsmanship. The flooring throughout the loft is made up of hand selected planks of rare rift-sawn thick white oak and is in excellent condition.
The building has a common roof deck one floor up which can be easily reached by the common stairs.
38 West 26th Street is a former leather sawing factory built in 1909. The building has 16 residential units, one commercial unit, two elevators and a service elevator, a full-time superintendent, and video intercom system. The building has undergone numerous improvements in the recent years, including Local Law 11, facade repair, exterior iron work, elevator upgrades, sidewalk replacement, installation of a new water tank, a new roof, and new front entrance doors.
This well-run Co-op has incredibly low monthly common charges of approx. $1.00/mo. per square foot due to substantial rental income received from the ground floor tenant, a high-end restaurant. The recently negotiated market rent lease has 13 years remaining.The Co-cp allows: Pied-a-terre, Sub-leasing, Financing, Guarantors, Co-purchasing, Parent gifting, Pets, and No flip tax. Alterations and unit improvements welcomed by the Board.
38 West 26th Street is perfectly situated where uptown meets downtown, and seconds from pedestrian Broadway and historic Madison Square Park, a stunning seven-acre urban oasis and cultural hub. Enjoy the best of city living with world-class shopping, top restaurants, entertainment, and grocers such as Eataly, Fairway and Whole Foods. Transportation options nearby include the N, R, W, F, M and 6 subway
Last Agent to Sell the Property
Douglas Elliman Real Estate License #10301214227 Listed on: 08/07/2024

Property Details
Home Type
- Co-Op
Year Built
- Built in 1909
HOA Fees
- $5,690 Monthly HOA Fees
Home Design
- Entry on the 12th floor
Interior Spaces
- 5,500 Sq Ft Home
- 21 Foot Ceilings
- 1 Fireplace
- Dining Area
- Skyline Views
- Kitchen is in good condition
Bedrooms and Bathrooms
- 3 Bedrooms
- Bathroom is in good condition
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Washer Dryer Allowed
- Washer Hookup
Additional Features
- Home has sun exposure from multiple directions
- Zoned Cooling
Listing and Financial Details
- 10 Shares in the Co-Op
- Legal Lot and Block 0068 / 00827
Community Details
Overview
- 12 Units
- 3 Elevators
- 12 Lofts Condos
- No Mad Subdivision
- 12-Story Property
Amenities
- Rooftop Deck
- Community Storage Space
Pet Policy
- Pets Allowed In Building
Similar Homes in New York, NY
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
10/28/2024 10/28/24 | Sold | $6,400,000 | -8.5% | $1,164 / Sq Ft |
08/07/2024 08/07/24 | Pending | -- | -- | -- |
08/07/2024 08/07/24 | For Sale | $6,995,000 | -- | $1,272 / Sq Ft |
Tax History Compared to Growth
Agents Affiliated with this Home
-
Seller's Agent in 2024
Yoko Sanada
Douglas Elliman Real Estate
(917) 689-1767
1 in this area
6 Total Sales
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10998211

- 107 W 26th St Unit 2
- 108-110 W 25th St Unit COMMERCIAL
- 40 W 24th St Unit 6WEST
- 40 W 24th St Unit 3E
- 101 W 24th St Unit 33A
- 101 W 24th St Unit 19B
- 15 W 24th St Unit 3
- 212 5th Ave Unit 16-B
- 212 5th Ave Unit 3B
- 212 5th Ave Unit 12-A
- 39 W 23rd St Unit 9 B
- 10 Madison Square W Unit 12D
- 10 Madison Square W Unit 2C
- 10 Madison Square W Unit 7 A
- 10 Madison Square W Unit 10 A
- 1107 Broadway Unit 12D
- 131 W 24th St Unit 5/6 Duplex
- 1200 Broadway Unit 7B
- 1182 Broadway Unit 10D
- 50 W 29th St Unit 2 E