Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
229 E 28TH Street #4M
Interested in this property?
Active For Sale Co-op

$485,000

229 E 28TH Street #4M

Kips Bay, Manhattan

Alan J. Marcus Comp

MLS® #RLS20098576

RLS at REBNY

Listing by Bank Neary Inc

1

Bedroom

1

Bath

N/A

Sq. Ft.

1962

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1962
Ownership Co-op
Maintenance $1,898/mo
Neighborhood Kips Bay
Floor 4 of 7

Property Highlights

  • Exposure: North facing
  • Climate Control: Other

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 4 of 7
Exposure North
Cooling Other
Pets Yes
Year Built 1962
Structure Type HighRise
Basement Other
Block/Lot 00909/0015

Listing History

Event Date Price Change
Listed Jun 18, 2026 $485,000 -
Currently Jun 18, 2026 $485,000 -

Description

A thoughtful renovation and views over the gardens at the rear of the building distinguish this inviting Kips Bay one-bedroom. A generous entry foyer with built-in shelving and a large closet provides a welcoming introduction to the home, while custom millwork conceals both the heating and through-the-wall air conditioning. Clean finishes and abundant storage are found throughout. The open kitchen and living room form a welcoming great room anchored by rich wood cabinetry, stone countertops and a suite of stainless steel appliances, including a Liebherr refrigerator, Bosch dishwasher, gas range and wine cooler. A wraparound counter provides additional workspace and helps define the kitchen within the larger living area. North-facing windows overlook the gardens and neighboring buildings at the rear of the property rather than the street, bringing soft natural light into the apartment. The bedroom accommodates a king-sized bed and additional furniture. The contemporary renovated bathroom is anchored by a striking mosaic feature wall framed by black-and-white tile. A pedestal sink and framed mirror complete the design. This pet-friendly elevator building permits dogs up to 35 pounds and features a renovated laundry room, bike storage, private storage lockers and a video intercom. Pieds-à-terre, co-purchasing, gifting and parents purchasing for children are permitted, and subletting is allowed after three years of ownership. Madison Square Park, Trader Joe's, the 40,000-square-foot Fairway Market and NYU Langone Health are all nearby. Marta, 2nd Ave Deli and Bhatti Indian Grill are just a few of the neighborhood's well-known restaurants, and the 6 train at Park Avenue South provides direct access to Grand Central and Union Square. Furnished photographs are virtually staged.

Features & Amenities

Interior Features

Building Other

Exterior Features

None

Building Amenities

Bike Storage Elevators

Building Information

Financial Details

Maintenance $1,898/mo

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

122

Median Asking Price

$823K

Median $/Sqft

$1,334

Avg Days on Market

N/A

New This Week

3

Price Reduced

29%

Sold (30 Days)

8

Median Sale Price

$800K

Live data from RLS at REBNY • Updated 6/18/26, 10:35 AM EST

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Location

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229 E 28TH Street #4M, 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 $1,898 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom 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 [email protected]. 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: RLS20098576
First Listed: 6/18/2026
On Market: 6/18/2026
Price Changed: 6/18/2026
Contract Date: 6/18/2026

Listing Courtesy of Bank Neary Inc - Matthew Bank

Listing Contact: (917) 608-6309

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 6/18/2026 at 2:35 PM UTC

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