50 East 28th Street · Flatiron NoMad · Mixed · Built 1908 · 25 units · 12 stories · architect information not confirmed in research
MixedBuilt 1908Pets allowed
66
MF Score
50 East 28th Street Condominium: A straightforward mixed-use building in the heart of NoMad — clean records, solid location, no-frills amenities at a discount to the neighborhood's trophy addresses.
25 units · Mixed · built 1908
Pets allowedCity viewsSkyline views
Scorecard
Prestige
45
Location
92
Investment
55
Value / sqft
75
Building quality
60
Livability
65
History
50
Transparency
40
The Honest Verdict
This is the NoMad building that buyers discover when they've been priced out of everything else on their list — and then realize they may have found the better deal. The location is genuinely excellent: you're steps from the 6 train, Madison Square Park is a short walk, and you're in the thick of the neighborhood's restaurant scene without paying Grand Madison or Toll Brothers pricing.
The public records here are impressively clean: zero HPD violations, zero DOB violations, no active permits — for a mixed-use building from 1908, that suggests competent management that stays ahead of problems. The trade-off is amenities: no doorman, no gym, no roof deck, just the basics done well.
What you need to understand is that this is a mixed-use building with commercial tenants on lower floors, so you're sharing elevator and lobby space with office workers during business hours. That's not necessarily a negative, but it's a different feel than a purely residential building.
Pros and cons
Pros
+ Zero HPD violations and zero DOB violations — clean records
+ Steps from 6 train at 28th Street — under 2 minutes
+ $1,400/sqft vs $1,860+ at comparable neighborhood buildings
+ No condo board approval process — easier closings
+ Central NoMad location with Madison Square Park nearby
Cons
− No doorman, concierge, or full-service building amenities
− Mixed-use building with commercial tenants in lobby/elevators
− Light sales volume means slower resale liquidity
− No parking, gym, or roof deck amenities
− Lower floors catch street noise from 28th Street traffic
Approx. low end — varies by unit. Use the calculator below to add your mortgage.
~$1,100/mo
Common charges and tax figures shown are sourced from current active listings and vary by unit size and floor. Verify all figures with building management, the offering plan, and your attorney before closing. MeetFlatiron makes no representations as to the accuracy of financial figures shown.
Payment calculator
Purchase price$800,000
Down payment20%
Interest rate6.75%
Principal and interest—
Common charges (enter your unit's figure)$/mo
Property taxes (enter your unit's figure)$/mo
Total monthly—
For illustrative purposes only. Common charges and taxes vary by unit — verify exact figures with building management. Actual mortgage rates vary by lender. Consult your lender for accurate rates and terms.
Red flag —
No significant red flags identified in public records as of April 2026. The building's mixed-use nature and light sales volume are structural characteristics rather than problems, but buyers should understand both before committing.
What agents won't tell you
Board dynamics
As a condominium, 50 East 28th Street has no discretionary board approval process — buyers face only standard right of first refusal, which is rarely exercised. The condo board manages building operations but doesn't review buyer financials or conduct interviews. This makes it accessible to cash buyers, foreign nationals, LLC purchases, and pied-à-terre buyers without the complexity of co-op board approval.
What it's actually like to live here
Day-to-day life here is about location over luxury. You're genuinely in the center of everything NoMad offers, but without the full-service building amenities that many buyers expect at this price point. The mixed-use aspect means the lobby sees office workers during business hours, and loading/delivery activity during the day. Upper floors are significantly quieter than lower floors, and since there's no doorman, package deliveries require coordination with the super or delivery to your office.
Services and amenities
Elevator
Storage space
Laundry in building
Live-in super
Hardwood floors
Central air
Washer/dryer in unit
Dishwasher
Pets allowed
No Gym
No Pool
No Roof deck
No Parking
Pet policy: pet policy not confirmed in research
Amenity information sourced from building listings and public records. Amenities are subject to change — verify current offerings with building management before closing.
Transit
28th St (Park Ave South)
6
~1 block
28th St (Broadway)
NRW
~3 blocks
23rd St (Park Ave South)
6
~5 blocks
23rd St (Broadway)
NRW
~6 blocks
23rd St (6th Ave)
FM
~7 blocks
Walk Score 98Transit Score 100Bike Score 88Source: Walk Score
Commute times from this building
Destination
🚶 Walk
🚇 Subway
Lines
The Flatiron Building (175 Fifth Ave)
9 min
N/A
Walk only
Midtown (47th & Park Ave)
24 min
7 min
4 Line
Hudson Yards (30th & 10th Ave)
25 min
N/A
Walk only
World Trade Center (Fulton St)
61 min
20 min
6 Train
Times Square (42nd & Broadway)
24 min
11 min
6 Train/S
Grand Central (42nd & Park Ave)
16 min
6 min
4 Line
Door-to-door estimates via Google Maps transit directions. Times reflect typical weekday conditions.Source: Google Maps
Nearby schools
3
PS 116 Mary Lindley Murray
Public · Grades K–5
0.3mi
8
IS 104 Simon Baruch
Public · Grades 6–8
0.4mi
9
NYC Lab School
Public · Grades 6–12
0.7mi
Nearby colleges: Baruch College (0.3mi), FIT (0.6mi), Parsons/The New School (0.7mi)
School ratings sourced from GreatSchools and are subject to change. School zone boundaries are not guaranteed — verify current zoning directly with NYC DOE at myschools.nyc before purchasing.
Noise Level
Loud
Overall noise level
72/100 noise score
Primary source: East 28th Street local traffic and Madison Square Garden event crowds during peak times
East 28th Street between Park and Madison is well-lit and generally safe, covered by the 13th Precinct. The block gets foot traffic from nearby offices during business hours, though evenings can be quieter than Fifth Avenue.
🚗
Parking
Monthly parking runs $400–$500 at SP+ on 28th Street (same block) and Edison ParkFast on 29th Street. Street parking follows alternate side Tuesday/Friday — competitive but manageable if you're flexible on timing.
📦
Storage
The building has some storage units available to residents, though availability varies. Manhattan Mini Storage on Seventh Avenue and CubeSmart on 30th Street are the nearest off-site options if building storage isn't available.
🛒
Grocery and daily errands
D'Agostino on Park Avenue South is your closest full-service option — about 3 minutes on foot. Whole Foods at Union Square is a longer walk but worth it for selection. Several delis on 28th and 29th Streets handle late-night necessities.
🔊
Noise and street life
Upper floors (8th and above) are notably quieter than lower floors, which can catch street noise and delivery trucks. The building doesn't have significant courtyard space, so all units face either the street or rear — street-facing units get more light but also more noise.
🚇
Getting around
The 6 train at 28th and Park is practically next door — under 2 minutes on foot. For Midtown West, the N/R/W at 28th and Broadway is a 5-minute walk. Citi Bike dock at 28th and Park is usually well-stocked during morning rush.
At roughly $1,400 per square foot, 50 East 28th Street trades at a meaningful discount to comparable buildings like the Grand Madison ($1,860+ per sqft) while offering similar neighborhood access. Sales volume is light — typically 2-4 transactions per year — which means liquidity can be slower but also suggests a stable owner base. The building's mixed-use nature may limit appreciation compared to pure residential buildings, but it also provides some protection against residential market downturns.
Past appreciation is not a guarantee of future performance. Real estate values fluctuate. All investment decisions should be made with independent financial and legal advice.
Sale price history
2025
$1.43M avg
3 sales
2024
$1.38M avg
2 sales
2023
$1.52M avg
4 sales
Source: NYC ACRIS · Past sales are not indicative of future value.
Building history timeline
1908
Original Construction
The current 12-story building was constructed as a mixed-use commercial and residential structure during the early 20th century development boom in the NoMad area.
1980s-1990s
Condominium Conversion
The residential floors were converted to condominium ownership, creating approximately 25 residential units while maintaining commercial tenants on lower floors.
2000s
NoMad Renaissance
The building benefited from the broader NoMad neighborhood renaissance, with improved retail, dining, and the renovation of nearby Madison Square Park increasing area desirability.
2020-2026
Current Market Position
The building has maintained steady sales activity and clean building records, positioning as a value option in the increasingly expensive NoMad condo market.
Frequently asked questions
Is 50 East 28th Street a condo or co-op?
50 East 28th Street is a condominium, not a co-op. This means there is no discretionary board approval process — no financial package review, no board interview, and no risk of rejection. The condo board holds only a standard right of first refusal.
Does 50 East 28th Street have a doorman?
No, 50 East 28th Street does not have a doorman or concierge. The building has a live-in superintendent and basic building services, but lacks the full-service amenities found at larger buildings in the neighborhood.
What subway lines serve 50 East 28th Street?
The building is exceptionally well-served by the 6 train at 28th Street and Park Avenue South — under a 2-minute walk. The N, R, and W trains at 28th Street and Broadway are about a 5-minute walk west.
What are the building violation records for 50 East 28th Street?
As of April 2026, the building has zero open HPD violations and zero open DOB violations — unusually clean records for a mixed-use building from 1908, suggesting competent building management.
Is 50 East 28th Street a mixed-use building?
Yes, 50 East 28th Street is a mixed-use building with commercial tenants on lower floors and residential condominiums on upper floors. This means sharing lobby and elevator space with office workers during business hours.
Explore the neighborhood
Everything you need to know about living in Flatiron NoMad — restaurants, history, things to do, and the honest local guide.
