Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,350,000

· Closed March 11, 2025

Closed For Sale Co-op

$1,350,000

$900 per sq ft

140 E 28TH Street #8E

Kips Bay, Manhattan

MLS® #RLS11007754

RLS at REBNY

Listing by Douglas Elliman Real Estate

3

Bedrooms

2

Baths

1,500

Sq. Ft.

1931

Year Built

Quick Summary

Bedrooms 3
Bathrooms 2
Living Area 1,500 sq ft
Year Built 1931
Ownership Co-op
Maintenance $4,022/mo
Parking Garage
Neighborhood Kips Bay
Floor 8 of 13

Property Highlights

  • Views: City Lights, City, Panoramic, River
  • Exposure: East,North facing
  • Fireplace: 2 fireplaces

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 6
Baths 2 Full
Floor 8 of 13
View City Lights, City, Panoramic, River
Exposure East,North
Pets Yes
Year Built 1931
Living Area 1,500 sq ft
Parking Garage Available
Structure Type HighRise
Basement Other
Block/Lot 00883/0058

Listing History

Event Date Price Change
Listed Sep 9, 2024 $1,495,000 -
Price Reduced Mar 12, 2025 $1,425,000 -4.7%
Currently May 5, 2026 $1,350,000 -5.3%

Description

Welcome home to this absolute gem nestled on 28th Street between Lexington and Third Avenue. Steeped in Art Deco elegance, this distinguished building, developed by Bing & Bing and designed by Emery Roth & Sons Architects in 1931, exudes timeless charm.

Step into luxury living with a host of amenities including a fully landscaped roof deck offering stunning city vistas, meticulously renovated hallways & lobby, a 24-hour doorman, live-in superintendent, laundry room, bike storage, and common storage. Embracing a pet-friendly atmosphere, this residence warmly welcomes pied-a-terres and guarantors, ensuring an inclusive and welcoming community.

Rarely does a property capture the essence of homeliness within the bustling heart of Manhattan. Escape the city's hustle and bustle within the sanctuary of this abode, offering the allure of a house in an urban landscape. Why settle for a $2.5 million 2-bed, 2-bath condo with standard amenities when you can indulge in the luxury of a 2-bed, 2-bath with a Home Office and two wood-burning fireplaces at $1.5 million?

This remarkable combination residence spans 1500 square feet, meticulously crafted to offer an ideal layout with two split bedrooms and two bathrooms, both boasting en suite privileges. Each room bathes in natural sunlight, offering charming and picturesque exposures, including captivating views of the Empire State Building and Chrysler Building.

The windowed kitchen has undergone a tasteful renovation, featuring high-end appliances including a five-burner gas stove and wine fridge, complemented by ample counter space for effortless entertaining. Flow seamlessly from the kitchen to the spacious dining room adorned with built-ins, leading to an expansive living room boasting breathtaking city views, all centered around a romantic wood-burning fireplace. Embrace the warmth of winter holidays as if nestled in a woodland cabin.

To the left of the living room lies an expansive primary bedroom, complete with a stunning wood-burning fireplace for cozy winter evenings, and a newly renovated full bath. Revel in panoramic city views from your own private retreat, furnished with an enormous walk-in closet and a built-in washer/dryer, a rarity in city co-ops.

The secondary bedroom is equally captivating, offering double exposure windows facing east and north, accommodating either a king or queen bed with ease. This charming space is complemented by an ensuite Home Office, windowed and styled with simplicity in mind. For added convenience, consider installing an additional door in the living room to grant private access to the bedrooms.

This apartment effortlessly ticks all the boxes for luxury living, offering an abundance of space, unparalleled amenities, and a location that epitomizes urban sophistication. Don't miss out on the opportunity to call this extraordinary residence your own - schedule your viewing today before it's too late!

Features & Amenities

Interior Features

Separate Formal Dining Room Building In Basement Washer Hookup In Unit Fireplace (2)

Exterior Features

Building Roof Deck Private Outdoor Space Under60 Sqft

Building Amenities

Storage

Building Information

Building Data View Compliance & Permits
Total Units 170
Stories 13
Structure HighRise

Financial Details

Maintenance $4,022/mo
Original Price $1,495,000
Sale Price $1,350,000
Previous Price $1,425,000

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

133

Median Asking Price

$845K

Median $/Sqft

$1,450

Avg Days on Market

N/A

New This Week

8

Price Reduced

31%

Sold (30 Days)

20

Median Sale Price

$833K

Live data from RLS at REBNY • Updated 5/4/26, 11:29 PM EST

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Location

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140 E 28TH Street #8E, Kips Bay, New York County

Virtual Tour

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 $4,022 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 3 bedrooms and 2 full bathrooms.

The listed interior living area is 1,500 square feet. Verify dimensions independently during due diligence.

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: pet friendly,Building Pets Allowed Comments:pet friendly. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $1,350,000 for 1,500 sq ft, the asking price per square foot is approximately $900. 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: RLS11007754
First Listed: 9/9/2024
On Market: 9/9/2024
Price Changed: 3/12/2025
Closed: 3/11/2025
Contract Date: 9/9/2024

Listing Courtesy of Douglas Elliman Real Estate - Gerard Smith

Listing Contact: (917) 623-1646

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 3:29 AM UTC

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