Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
229 E 28th Street #6-M
Closed For Sale Co-op

$450,000

$692 per sq ft

229 E 28th Street #6-M

Kips Bay, Manhattan

MLS® #RLS10872192

RLS at REBNY

Listing by Compass

1

Bedroom

1

Bath

650

Sq. Ft.

1962

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 650 sq ft
Year Built 1962
Ownership Co-op
Maintenance $1,806/mo
Neighborhood Kips Bay
Floor 6 of 7

Property Highlights

  • Views: City
  • Exposure: North facing
  • Climate Control: Wall Units

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 6 of 7
View City
Exposure North
Cooling Wall Units
Pets Yes
Cross Street Third Avenue/Second Avenue
Year Built 1962
Living Area 650 sq ft
Block/Lot 909/15

Listing History

Event Date Price Change
Listed Feb 10, 2023 $450,000 -
Price Reduced Jul 28, 2023 $485,000 +7.8%

Description

Enjoy a bit of calm in the heart of the city in this beautiful one-bedroom, one-bathroom home featuring a spacious layout, open-sky views and a peaceful location at the rear of a well-maintained Kips Bay coop. An oversized foyer with a coat closet invites you inside this spacious home filled with gorgeous hardwood floors, tall ceilings and wide north-facing windows. The living room offers a generous footprint for seating and dining areas, while the wraparound bar counter is perfect for casual meals. In the large open kitchen, fantastic cabinet and counter space surrounds a suite of stainless steel appliances, including a gas range, bottom-freezer refrigerator, dishwasher and built-in microwave. Head to the oversized bedroom to find plenty of room for a king-size bed and a home office or fitness area. Roomy closets here and in the adjacent hall provide excellent storage, and the full bathroom shines with a large tub/shower, lovely tile and a modern vanity. Through-the-wall air-conditioning ensures year-round comfort in this handsome Kips Bay haven. 229 East 28 Street is a postwar cooperative where residents enjoy superintendent service, a renovated lobby, elevator, app-based intercom, laundry room, bike room and storage lockers for rent. Pets, pieds--terre, subletting, co-purchasing, gifting, guarantors and 80% financing are permitted with board approval. From this ultra-convenient section of Kips Bay, you're just minutes from NoMad, the Flatiron District, Chelsea and Midtown. The surrounding Target, Trader Joe's, Fairway Market and Morton Williams make shopping a breeze, and nearby Madison Square Park offers lush outdoor space, a dog park, Shake Shack and a year-round calendar of greenmarkets and events. Transportation options abound with 6 and N/R/W trains, excellent bus service and CitiBikes within easy reach.

Features & Amenities

Interior Features

Entrance Foyer Common Area

Building Information

Financial Details

Maintenance $1,806/mo
Sale Price $450,000
Previous Price $485,000

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, 8:50 PM EST

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Location

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229 E 28th Street #6-M, Kips Bay, New York County • Near Third Avenue/Second Avenue

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 $1,806 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 650 square feet. Verify dimensions independently during due diligence.

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.

At the current list price of $450,000 for 650 sq ft, the asking price per square foot is approximately $692. This figure is for reference only and may differ from appraised or assessed values.

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: RLS10872192
First Listed: 2/10/2023
Price Changed: 7/28/2023
Closed: 7/28/2023
Contract Date: 2/10/2023

Listing Courtesy of Compass - Martiak Rapoport

Listing Contact: (917) 991-8758

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 12:50 AM UTC

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