229 East 28TH Street #1D, New York City, NY 10016
Listing Courtesy of Corcoran Group
$385,000
Potential Rebate: $5,775
Overview
Residence 1D is a generously sized alcove studio featuring three oversized windows that flood the space with natural light from its sunny southern exposure. The open-concept kitchen is equipped with stainless steel appliances and ample cabinet space, perfect for both cooking and entertaining. The bathroom has been recently updated with a new vanity and modern fixtures. Additional highlights include through-wall air conditioning and hardwood flooring throughout, making this studio both stylish and functional.<br> <br> Located at 229 East 28th Street in the heart of Kips Bay, this elevator co-op offers a virtual doorman, live-in resident manager, and on-site laundry facilities. Enjoy the convenience of being close to great dining, shopping, and public transportation. The building is pet-friendly and permits pied-à-terre ownership and co-purchasing.<br> <br> Some images have been virtually staged.
Estimated Monthly Payment
$3,143 per month
30 year fixed, 6.28% Interest
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 Corcoran Group
Data Source: TRESTLE #RLS20053029
Price Analysis
Compare average listing prices and value metrics for Alan J. Marcus Comp against the surrounding Kips Bay market.
Average List Price
Price Per SqFt
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
\nKips Bay is a practical, residential neighborhood dominated by medical institutions (NYU Langone).
\nReal Estate & Housing Market
\nPost-war high-rises and condos. Often offers better value/space than Murray Hill or Gramercy.
\nLifestyle & Community
\nDoctors, nurses, and recent grads. It is functional and convenient. Fairway Market is a hub.
\nTransportation & Accessibility
\n6 train at 28th/33rd. 2nd Ave subway is not here yet. Ferry at 34th St.
\nParks, Schools & Amenities
\nEast River Esplanade. AMC Kips Bay theater.
\nWho This Neighborhood Is Best For
\nBest for medical professionals and renters looking for value.
