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428 West 54th Street RETAILNew York, NY 10019

For Sale

$3,999,999

Smart Buyer Rebate $50,000


Designer renovated Office/Retail space, with 25ft storefront on 54th street. Part of the Dillon Condominium, but with separate entrance.
Ground floor - 4054 SF: lobby and reception and open space, 2 bathrooms (men and women, with 2 stalls each) and storage.
Basement - 1300 SF: 2 offices, one common area, storage, kitchen, one restroom. There is also direct access from the 54th street directly into the basement.
Mezzannine - 460 SF: kitchenette, open space for desks.
There are 2 accesses from 54th street, as well as a private door in the back of the space, from the Dillon Condominium, on 53rd st.
Lots of natural light, with many skylights and north, south and east exposure.
Top location, close to Columbus Circle, 50th St Subway and Times Square, with many restaurants and bars nearby.

Monthly common charges are Approx $1200.
Monthly taxes are $4549.

5% Co Broke

It is also available TO RENT asking $48,500

Listed by David Graff

·

Compass

·

(917) 664-1452

Last updated November 17, 2025

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Source: REBNY #RLS20028784

Listing Facts

  • TypeCondo
  • NeighborhoodHell's Kitchen
  • Bathrooms1.5
  • Days on Prevu168
  • HOA/Maint. Fees$1,200/month
  • Taxes$54,588/year
  • Size5,800 sqft
  • Price per sqft$690

Location

Mortgage Calculator

Listing History

11/17/2025
Price Decreased
$3,999,999
10/25/2025
Status changed to Active
$4,999,999
10/25/2025
Status changed to Removed from Feed
$4,999,999
06/04/2025
Listed by Compass
$4,999,999

Estimated Closing Costs

Total
$145,248
Attorney Fees
$4,000
NYC Mansion Tax
$59,999
Title Insurance
$18,000
Bank Attorney
$1,500
Mortgage Recording Tax
$57,749
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $3,999,999 and a 25% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 428 West 54th Street RETAIL

Association

Amenities

  • Pets Allowed: Building No, No

Fees

  • Association Fee: $1,200.00 Monthly

Exterior

Construction

  • Number Of Units Total: 1
  • Stories Total: 7
  • Structure Type: Triplex
  • Year Built: 2007
  • Entry Level: 1

Measurements

  • Lot Size Units: SquareFeet

Financial

Taxes

  • Tax Annual Amount: $54,588.00

Interior

Measurements

  • Living Area: 5,800
  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Half: 3
  • Bathrooms Total Integer: 2
  • Rooms Total: 4

Other

Location

  • City Region: Manhattan
  • Subdivision Name: Hell's Kitchen
  • Tax Block: 01063
  • Tax Lot: 7502

Utilities

Equipment

  • Laundry Features: See Remarks

Based on information from Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.