Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $272,000

Listed at $399,000 · Sold 31.8% below asking · Closed May 30, 2013

226 E 27th Street #3-C
Closed For Sale Co-op

$399,000

226 E 27th Street #3-C

Kips Bay, Manhattan

MLS® #RLS10031718

RLS at REBNY

Listing by Compass

Studio

1

Bath

N/A

Sq. Ft.

1920

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Year Built 1920
Ownership Co-op
Maintenance $722/mo
Neighborhood Kips Bay
Floor 3 of 5

Property Highlights

  • Views: City
  • Exposure: North facing
  • Style: Prewar architecture

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 3 of 5
View City
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 13, 2013 $399,000 -
Price Reduced Oct 17, 2018 $285,000 -28.6%

Description

COZY, RENOVATED, AND DRIPPING WITH PRE-WAR CHARM, THIS PERFECT STUDIO IS A STARTER'S DREAM OR AN IDEAL SECOND HOME!

This chic home has been thoughtfully remodeled from top-to-bottom starting with the sizable walk-through kitchen that offers stainless steel appliances, a breakfast bar, granite countertops, elegant cabinetry, and ample storage. The lovely subway titled bathroom has been graciously upgraded and features a handsome pedestal sink and nooks for storage.

The generous, deep living space is highlighted by double north-facing windows that enjoy both East 27th Street's treetops and a peak of the iconic Chrysler Building. Further accentuating the space are 9+ foot ceilings, pristine oak hardwood flooring throughout, and space for both living and sleeping. To that point, the home is delivered with a "too-good-to-be-true" Murphy bed and custom built-in closet. Rounding out this home are two perfect arched doorways and closet space at every turn.

Perfectly situated in the dynamic neighborhood of Kips Bay, between Gramercy Park amd NoMad, this home is located steps from dining, cafes, and boutiques. Beyond that, Kips Bay Cinema, Fairway Market, and the 6 Train are mere blocks away. Also nearby is the NYU Langone Medical Center, Bellevue and Tisch Hospitals, Baruch College and the School of Visual Arts.

Two years after the date of closing subletting is allowed indefinitely. Pied-a-terre's, and pets are allowed, as well as gifting and co-purchasing with board approval.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Building Information

Financial Details

Maintenance $722/mo
Sale Price $272,000
Previous Price $285,000

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

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, 10:34 PM EST

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Location

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226 E 27th Street #3-C, Kips Bay, New York County • Near Third Avenue/Second Avenue

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 $722 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: RLS10031718
First Listed: 2/13/2013
Price Changed: 10/17/2018
Closed: 5/30/2013
Contract Date: 10/15/2018

Listing Courtesy of Compass - Eric Marrus

Listing Contact: (516) 606-0481

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 2:34 AM UTC

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