Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $278,000

Listed at $289,000 · Sold 3.8% below asking · Closed July 10, 2014

226 E 27th Street #2-D
Closed For Sale Co-op

$289,000

226 E 27th Street #2-D

Kips Bay, Manhattan

MLS® #RLS10058442

RLS at REBNY

Listing by Metropolitan Property Group

Studio

1

Bath

N/A

Sq. Ft.

1920

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Year Built 1920
Ownership Co-op
Maintenance $690/mo
Neighborhood Kips Bay
Floor 2 of 5

Property Highlights

  • Exposure: North facing
  • Style: Prewar architecture
  • Character: Pre-war building (1920)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 2 of 5
Exposure North
Pets Yes
Cross Street Third Avenue/Second Avenue
Year Built 1920
Architectural Style Prewar
Block/Lot 907/43

Listing History

Event Date Price Change
Listed Feb 26, 2014 $289,000 -
Price Reduced Mar 25, 2014 $298,500 +3.3%

Description

This pretty light filled studio in Gramercy is the absolute perfect place for anyone looking for a place to call home for a few years and eventually rent it out and hang on to it as an investment property! The floors have been redone, the ceilings are high and the windows are large making this space bright and airy. Complete with a separate kitchen that is large enough to accommodate a table and chairs, or a butcher block for additional counter space, 2 huge closets and an updated bathroom.
Located on the 2nd floor of 226 East 27th Street, a well maintained pet friendly coop building with low maintenance and a sublet policy that allows you to rent the unit out indefinitely after 2 years of living there!

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Building Information

Financial Details

Maintenance $690/mo
Sale Price $278,000
Previous Price $298,500

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

130

Median Asking Price

$850K

Median $/Sqft

$1,450

Avg Days on Market

N/A

New This Week

5

Price Reduced

30%

Sold (30 Days)

20

Median Sale Price

$795K

Live data from RLS at REBNY • Updated 5/6/26, 8:54 PM EST

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Location

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226 E 27th Street #2-D, Kips Bay, New York County • Near Third Avenue/Second Avenue

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1910
Year Built
116 years old
2
Floors
3
Residential Units
M1-1D
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $100,800
Land Value: $11,640
Exemptions: $0

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

Lot Area: 1,669 SF
Building Area: 2,034 SF
Built FAR: 1.22
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 $690 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 0 bedrooms and 1 full bathroom.

According to MLS records, the building was constructed in 1920, making it approximately 106 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: RLS10058442
First Listed: 2/26/2014
Price Changed: 3/25/2014
Closed: 7/10/2014
Contract Date: 1/16/2014

Listing Courtesy of Metropolitan Property Group - Alexis Bogen

Listing Contact: (212) 248-3333

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 5/7/2026 at 12:54 AM UTC

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