Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $405,000

· Closed September 10, 2025

229 E 28TH Street #3F
Closed For Sale Co-op

$405,000

229 E 28TH Street #3F

Kips Bay, Manhattan

Alan J. Marcus Comp

MLS® #RLS20025935

RLS at REBNY

Listing by Corcoran Group

Studio

1

Bath

N/A

Sq. Ft.

1962

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Year Built 1962
Ownership Co-op
Maintenance $1,075/mo
Neighborhood Kips Bay
Floor 3 of 7

Property Highlights

  • Views: Other
  • Exposure: South facing

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 3 of 7
View Other
Exposure South
Pets Yes
Year Built 1962
Structure Type HighRise
Basement Other
Parcel # 0909-0015-00229-000-000003F
Block/Lot 00909/0015

Listing History

Event Date Price Change
Listed May 22, 2025 $399,000 -
Currently May 1, 2026 $405,000 +1.5%

Description

Refined Studio Living in the Heart of Kips Bay: Welcome to Residence 3F, an impeccably renovated studio tucked within a boutique co-op in the vibrant and centrally located neighborhood of Kips Bay. This elevated home pairs chic design with timeless style, offering an exceptional opportunity to own a move-in-ready Manhattan residence with designer-inspired finishes and effortless charm.

Upon entering, you're greeted by a stunning open living space featuring warm hardwood floors, clean architectural lines, and a functional layout that easily accommodates sleeping, lounging, dining, and work-from-home zones. Oversized windows bathe the room in natural southern light, framing leafy street views that bring a sense of calm and quiet to city living.

The custom galley kitchen has been well maintained with sleek white cabinetry, quartz countertops, and a full suite of brand new stainless steel appliances, including a gas range and dishwasher. In the sunlit bathroom, curated tile work, a modern vanity, and sleek fixtures create a spa-like atmosphere with sophisticated texture and tone.

229 E 28th Street is a well-maintained boutique co-op offering elevator access, central laundry, a live-in super, bike storage and private storage facilities. The building allows gifting, co-purchasing, and pied- -terres. Subletting is permitted after three years of ownership.

The location is unmatched as you're just moments from the 6 train, Madison Square Park, Fairway Market, Trader Joe's, NYU Langone, and the vibrancy of nearby Murray Hill and Gramercy. Enjoy easy access to restaurants, cafes, nightlife, and green spaces.

Features & Amenities

Interior Features

Building Other

Exterior Features

Private Outdoor Space Under60 Sqft

Building Amenities

Elevators Storage

Building Information

Financial Details

Maintenance $1,075/mo
Original Price $399,000
Sale Price $405,000
Previous Price $399,000

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

6

Price Reduced

30%

Sold (30 Days)

18

Median Sale Price

$793K

Live data from RLS at REBNY • Updated 5/1/26, 7:49 AM EST

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Location

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229 E 28TH Street #3F, Kips Bay, New York County

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 $1,075 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 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.

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: RLS20025935
First Listed: 5/23/2025
On Market: 5/22/2025
Price Changed: 9/15/2025
Closed: 9/10/2025
Contract Date: 5/22/2025

Listing Courtesy of Corcoran Group - Marvin Chu

Listing Contact: (718) 685-9430

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 5/1/2026 at 11:49 AM UTC

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