Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
137 E 28th Street #5D
Closed For Sale Co-op

$575,000

137 E 28th Street #5D

Kips Bay, Manhattan

MLS® #RLS10970136

RLS at REBNY

Listing by Sothebys International Realty

1

Bedroom

1

Bath

N/A

Sq. Ft.

1927

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Lot Size 4,444 sq ft
Year Built 1927
Ownership Co-op
Maintenance $1,360/mo
Neighborhood Kips Bay
Floor 5 of 9

Property Highlights

  • Exposure: East,North facing
  • Style: Prewar architecture
  • Character: Pre-war building (1927)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 5 of 9
Exposure East,North
Pets Yes
Year Built 1927
Architectural Style Prewar
Structure Type MultiFamily
Furnished Unfurnished
Lot Size 4,444 sq ft
Block/Lot 00884/0027

Listing History

Event Date Price Change
Listed Oct 10, 2023 $575,000 -
Currently May 5, 2026 $575,000 -

Description

Enter Residence 5D through an expansive foyer and be welcomed by an inviting living space blending modern convenience and stunning pre-war details such as the 9' beamed ceilings, hardwood oak floors, and original doors which are meticulously restored. A large living space on the 5th floor facing east and north provides great lighting consistently throughout the day. The open chef's kitchen features stainless steel appliances, new Bosch dishwasher, lots of custom cabinetry and counter space which can also serve as a dining area. The windowed bathroom has updated mosaic tiles, stylized vanity, and a full-sized soaking tub. A brightly lit corner bedroom has space for a king-sized bed, a standing desk, and two closets. There is another large hallway closet which could be opened up into a study area if desired, and there are an additional two spacious closets in the foyer. A beautifully landscaped rooftop terrace awaits on the tenth floor with its breathtaking views of the Empire State Building and New York skyline. The low monthly maintenance includes your Spectrum internet and cable in this well-maintained elevator building. Please note there is a brand new lobby and hallway renovation ongoing without the need for an assessment due to strong building financials. Nestled in the heart of historic Rose Hill, the building neighbors NoMad, Gramercy and Kips Bay and is just steps away from Madison Square Park. Rose Hill is emerging with numerous acclaimed restaurants, trendy bars, and boutique cafes complimented by new luxury condominium buildings. 137 East 28th Street is a meticulously maintained pre-war building with a full-time live-in super, laundry room, bike room, storage spaces, and video security. Sublets are allowed after 2 years with board approval. Gifting, co-purchase, and pied-a-terre and pets allowed with board approval. Located one block from the 6 train, ten minutes to Grand Central and Penn Station, and close to Trader Joe's and Whole Foods.

Features & Amenities

Interior Features

Entrance Foyer Elevator Kitchen Window Storage Common On Floor Common Area Laundry Room

Appliances

Dishwasher

Building Information

Building Data View Compliance & Permits
Total Units 37
Stories 9
Structure MultiFamily
Style Prewar

Financial Details

Maintenance $1,360/mo
Sale Price $575,000

Kips Bay is a relaxed and highly convenient residential neighborhood located on the East Side of Manhattan. Known for its mix of mid-century high-rises and historic brick townhouses, it offers a more approachable price point than its neighbors to the north and south. Residents enjoy proximity to the East River Esplanade, a variety of local dining options, and easy access to the city's major medical centers and Midtown business hubs.

Kips Bay Live Market Data

View Neighborhood

Active Listings

131

Median Asking Price

$850K

Median $/Sqft

$1,471

Avg Days on Market

N/A

New This Week

10

Price Reduced

30%

Sold (30 Days)

21

Median Sale Price

$800K

Live data from RLS at REBNY • Updated 5/5/26, 6:49 PM EST

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Location

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137 E 28th Street #5D, Kips Bay, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1910
Year Built
116 years old
3
Floors
3
Residential Units
M1-2D
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $119,520
Land Value: $14,820
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 2,003 SF
Building Area: 2,700 SF
Built FAR: 1.35
Allowed FAR: 1.5

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $1,360 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $0, or roughly $0 per month. Verify the current assessment with your attorney before closing.

This property has 1 bedroom and 1 full bathroom.

According to MLS records, the building was constructed in 1927, making it approximately 99 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10970136
First Listed: 10/10/2023
On Market: 10/10/2023
Price Changed: 10/10/2023
Closed: 6/14/2024
Contract Date: 10/10/2023

Listing Courtesy of Sothebys International Realty - Bryan Kreider

Listing Contact: (610) 468-3397

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/5/2026 at 10:49 PM UTC

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