Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $2,725,000

· Closed November 19, 2022

140 E 28th Street #PH-C
Closed For Sale Co-op

$2,725,000

140 E 28th Street #PH-C

Kips Bay, Manhattan

MLS® #RLS10835739

RLS at REBNY

Listing by Compass

2

Bedrooms

2.5

Baths

N/A

Sq. Ft.

1931

Year Built

Quick Summary

Bedrooms 2
Bathrooms 3 full, 1 half
Year Built 1931
Ownership Co-op
Maintenance $5,119/mo
Neighborhood Kips Bay
Floor 13 of 13

Property Highlights

  • Views: River
  • Exposure: East,North,South facing
  • Outdoor Space: Terrace

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 5
Baths 2 Full, 1 Half
Floor 13 of 13
View River
Exposure East,North,South
Cooling Central Air
Pets Yes
Cross Street Lexington Avenue/Third Avenue
Year Built 1931
Architectural Style Prewar
Block/Lot 883/58

Listing History

Event Date Price Change
Listed Apr 25, 2022 $2,725,000 -
Price Reduced Nov 20, 2022 $2,995,000 +9.9%

Description

Perched high above the city is this bright and open, hidden Penthouse with its indoor/outdoor lifestyle waiting for you. Terrace lovers searching for an elegant and sophisticated home with incredible views of New York's most iconic buildings must see this very special Emery Roth 2 bedroom, 2.5 bath prewar duplex nestled between Gramercy Park and Murray Hill. Huge windows, 3 exposures, and glorious natural light create breathtaking cityscapes from every room. Enter the foyer and ascend the restored 1932 iron and wood elliptical staircase which transports you up to the huge great room with 14' 6" ceilings, an open gourmet kitchen, wood burning fireplace, custom entertainment center, and a wall of glass leading onto the enormous 1,200 square foot terrace. This tranquil oasis in the sky is even complete with an electric awning for added summer comfort. Entertain graciously in the double height glass enclosed solarium offering a second private terrace, electric shades and spectacular panoramic views of the Empire State Building and the MetLife Tower's golden spire. Retreat to the lower level featuring two bedrooms with en-suite baths that are both flanked by a wraparound terrace with northern and western exposures. The travertine master bath offers double sinks, separate tub and shower stall, as well as heated floors. Custom wall units and a large, windowed dressing room provides ample storage. Complete with surround sound, 4-zone central air conditioning, this penthouse duplex offers a unique opportunity for the discriminating buyer. 140 East 28th St is a pet friendly prewar building near Madison Square Park, wonderful restaurants and shops, the city's newest Whole Foods at 28th & Madison, plus the #6 subway station is just two blocks away. Amenities include a 24-hour doorman, resident super, central laundry room, bike room and private storage. Guarantors and pied--terre purchasers are welcome. Capital Assessment $474.00

Features & Amenities

Interior Features

Separate Formal Dining Room Entrance Foyer Common Area Fireplace

Exterior Features

Building Roof Deck Terrace

Building Information

Financial Details

Maintenance $5,119/mo
Sale Price $2,725,000
Previous Price $2,995,000

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, 11:41 PM EST

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Location

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140 E 28th Street #PH-C, Kips Bay, New York County • Near Lexington Avenue/Third Avenue

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1997
Year Built
29 years old
1
Floors
M1-2D
Zoning District

Tax & Assessment

Assessed Value: $1,680,750
Land Value: $334,350
Exemptions: $0

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

Lot Area: 61,101 SF
Building Area: 17,478 SF
Built FAR: 0.29
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 $5,119 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 bedrooms and 2 full bathrooms and 1 half bathroom.

According to MLS records, the building was constructed in 1931, making it approximately 95 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: RLS10835739
First Listed: 4/25/2022
Price Changed: 11/20/2022
Closed: 11/19/2022
Contract Date: 4/22/2022

Listing Courtesy of Compass - Steven Sumser

Listing Contact: (917) 733-9244

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 3:41 AM UTC

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