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RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.

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  1. Home
  2. Buy
  3. New York City
  4. Manhattan
  5. 10016
  6. 229 East 28TH Street #2C
Property thumbnail
1 / 7
Stock Cooperative•Kips Bay

229 East 28TH Street #2C, New York City, NY 10016

Listing Courtesy of Next Stop NY

$385,000

Potential Rebate: $5,775

Stock Cooperative
Studio
1 Bath
2 Rooms
Built 1962
7 Stories
Listed on Apr 28, 2025
243 days on market
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Overview

<p>This thoughtfully designed studio features an open-concept kitchen which includes a breakfast bar, stylish cabinetry, and stainless steel appliances-including a dishwasher-ideal for both everyday living and entertaining. The large, modern bathroom has a stall shower and an oversized vanity that provides ample storage. The layout offers flexibility for separate sleeping and living areas, and is complemented by hardwood floors and generous closet space. </p> <p>This 6 story boutique co-op elevator building offers a renovated lobby, a new smartphone-enabled video intercom system, central laundry room, bike storage, individual storage lockers, and a full-time superintendent. The building is surrounded by great restaurants, shops as well as great fitness and entertainment options. Just a few blocks from Trader Joe's and whole foods and close to transportation. </p> <p>All information furnished herein is from sources deemed reliable. All information is submitted subject to errors, omissions, change of price prior sale or lease or withdrawal without notice. All dimensions are approximate</p>

Home Features

  • •City

Estimated Monthly Payment

$3,023 per month

30 year fixed, 6.28% Interest

Principal and Interest
$1,902
Property Taxes
$0
Maintenance/Common Charges
$1,121

Estimated Rebate for this Home

One-time rebate at closing

$5,775

Monthly savings impact

$16/mo

💡 Estimated at 1.5% of purchase price

The rebate is paid to you at closing and can help offset closing costs or other expenses.

Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).

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Listings

RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.

The Real Estate Rebate Team

Listing Courtesy of Next Stop NY

Data Source: TRESTLE #RLS20019650

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Price Analysis

Compare average listing prices and value metrics for Alan J. Marcus Comp against the surrounding Kips Bay market.

Based on 2 active units in building vs 104 in area

Average List Price

Building$385.0K
Neighborhood$1.4M

Price Per SqFt

Building Avg$700/ft²
Neighborhood Avg$15,447/ft²
Value Opportunity

95.47% Lower

than the Kips Bay price-per-sq-ft average

Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.

Kips Bay

Medical Mile & Value

\n

Kips Bay is a practical, residential neighborhood dominated by medical institutions (NYU Langone).

\n

Real Estate & Housing Market

\n

Post-war high-rises and condos. Often offers better value/space than Murray Hill or Gramercy.

\n

Lifestyle & Community

\n

Doctors, nurses, and recent grads. It is functional and convenient. Fairway Market is a hub.

\n

Transportation & Accessibility

\n

6 train at 28th/33rd. 2nd Ave subway is not here yet. Ferry at 34th St.

\n

Parks, Schools & Amenities

\n

East River Esplanade. AMC Kips Bay theater.

\n

Who This Neighborhood Is Best For

\n

Best for medical professionals and renters looking for value.

Kips Bay GuideAll Neighborhoods
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