Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $330,000

Listed at $339,000 · Sold 2.7% below asking · Closed June 18, 2025

229 E 28th Street #5-C
Closed For Sale Co-op

$339,000

229 E 28th Street #5-C

Kips Bay, Manhattan

MLS® #RLS11031898

RLS at REBNY

Listing by Cooper & Cooper Real Estate LLC

Studio

1

Bath

N/A

Sq. Ft.

1962

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Year Built 1962
Ownership Co-op
Maintenance $1,151.11/mo
Neighborhood Kips Bay
Floor 5 of 7

Property Highlights

  • Exposure: North facing
  • Climate Control: Wall Units

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 5 of 7
Exposure North
Cooling Wall Units
Pets Yes
Cross Street Third Avenue/Second Avenue
Year Built 1962
Structure Type None
Block/Lot 0909/0015

Listing History

Event Date Price Change
Listed Jan 31, 2025 $399,000 -
Currently May 7, 2026 $339,000 -15.0%

Description

Beautiful, north-facing, sun-drenched fifth floor studio in the heart of Kips Bay! THE APARTMENT: 5C is a large, North-facing studio perched on the fifth floor of 229 East 28th Street. The open layout provides a perfect opportunity to create separate sleep, living, and dining areas. The unit boasts great natural light, ample closet space, through-wall air conditioner, and beautiful hardwood plank floors. The open kitchen helps maintain the airy feel and is accompanied by generous cabinet space and a dishwasher. The bathroom includes both over and under sink storage and oversized square tile. THE BUILDING: This beautiful boutique co-op is located on the North side of 28th Street between 3rd and 2nd Avenues and features a crisp, newly-renovated entry lobby and sitting area with a resident led book exchange. There is also an advanced new video Intercom system allowing remote access from your smartphone, a contemporary elevator, laundry facilities, bike room, storage room with individual storage lockers, and a full-time superintendent on premises. THE AREA: Upon exiting the building you’ll find yourself in the HEART of Kips Bay surrounded by restaurants, bars, and shops. Trader Joe’s and Fairway are barely 3 blocks away and Target literally around the corner. Transit is a breeze with the 6 train less than a quarter mile and the NRW trains an easy half mile- all directly down 28th street. Some photos virtually staged.

Features & Amenities

Interior Features

Common Area

Exterior Features

Building Storage

Building Information

Financial Details

Maintenance $1,151.11/mo
Original Price $399,000
Sale Price $330,000

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

$849K

Median $/Sqft

$1,430

Avg Days on Market

N/A

New This Week

7

Price Reduced

29%

Sold (30 Days)

20

Median Sale Price

$795K

Live data from RLS at REBNY • Updated 5/7/26, 6:36 PM EST

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Location

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229 E 28th Street #5-C, Kips Bay, New York County • Near Third Avenue/Second Avenue

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 $1,151.11 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 [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: RLS11031898
First Listed: 1/31/2025
On Market: 1/31/2025
Closed: 6/18/2025
Contract Date: 1/31/2025

Listing Courtesy of Cooper & Cooper Real Estate LLC - Meron Langsner

Listing Contact: (212) 864-4555

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 10:36 PM UTC

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