Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $400,000

· Closed August 17, 2021

229 E 28TH Street #3M
Closed For Sale Co-op

$400,000

229 E 28TH Street #3M

Kips Bay, Manhattan

MLS® #RLS10851886

RLS at REBNY

Listing by CORE Group Marketing, LLC

1

Bedroom

1

Bath

N/A

Sq. Ft.

1962

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Lot Size 9,875 sq ft
Year Built 1962
Ownership Co-op
Maintenance $1,546/mo
Neighborhood Kips Bay
Floor 3 of 7

Property Highlights

  • Exposure: North facing

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 3 of 7
Exposure North
Pets Yes
Year Built 1962
Lot Size 9,875 sq ft
Parcel # 0909-0015-00229-000-000003M

Listing History

Event Date Price Change
Listed Jan 25, 2021 $430,000 -
Currently May 6, 2026 $400,000 -7.0%

Description

Welcome to this generous one-bedroom home that features light and serenity. Recessed ceiling lights in the living room on dimmers create the perfect environment to work or entertain. Enjoy beautiful hardwood floors, through-the-wall air conditioning and plenty of great closet space. The bedroom can easily fit a king-size bed. The kitchen has ample cabinet and pantry space and the living room accommodates a dining area. This well-maintained co-op building allows unlimited subletting after three years, co-purchasing, gifting, pieds-a-terre, guarantors and is pet friendly. The lobby was recently renovated and includes a virtual doorman. There is also a bike room and basement storage. Located on residential East 28th Street, this location is convenient to transportation, parks and nightlife, with Trader Joe's and Fairway just a few blocks away.

Features & Amenities

Interior Features

Entrance Foyer Building Washer Dryer Install Allowed Common Area

Building Information

Financial Details

Maintenance $1,546/mo
Original Price $430,000
Sale Price $400,000

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 5/6/26, 4:05 AM EST

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Location

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229 E 28TH Street #3M, Kips Bay, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1962
Year Built
64 years old
7
Floors
84
Residential Units
R8B
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $6,571,350
Land Value: $477,000
Exemptions: $62,928

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

Lot Area: 9,875 SF
Building Area: 44,912 SF
Built FAR: 4.55
Allowed FAR: 4

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 $1,546 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 1 full bathroom.

According to MLS records, the building was constructed in 1962, making it approximately 64 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: RLS10851886
First Listed: 1/25/2021
Price Changed: 8/17/2021
Closed: 8/17/2021
Contract Date: 1/27/2021

Listing Courtesy of CORE Group Marketing, LLC - Maggie Kent

Listing Contact: (212) 500-2110

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 5/6/2026 at 8:05 AM UTC

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