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239 East 28th Street
Kips Bay, Manhattan | Third Ave & Second Ave
9,000 Square FeetRental Property
$8,800,000
$8,800,000
Updated 9 years ago
Off Market

239 East 28th Street

Kips Bay, Manhattan | Third Ave & Second Ave

9,000 Square FeetRental Property

$8,800,000
floors / apts5 / 19
Lot Size25'x98'7"
Building TypeLow-Rise
RE Taxes$99,193
Price Per SF
$978

Building Amenities

  • Voice Intercom
  • Elevator
  • Laundry Room

Property Description for 239 East 28th Street

> Huge upside potential! The subject property is a six (6) story brownstone located on the north side of East 28th Street. > This is an elevator building consisting of 19 units. > All units are one bedrooms with 12 stabilized units and 7 free market units. This investment property represents an excellent opportunity for a strategic investor.

Building Details for 239 East 28th Street

OwnershipRental Property
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessElevator
Year Built1900
Floors/Apts5/19
Learn More About the Building

Transit and Citi Bike

Subway

28 St
0.25 miles
33 St
0.33 miles
23 St
0.38 miles
23 St
0.5 miles

Citi Bike

2 Ave & E 29 St
0.09 miles
E 31 St & 3 Ave
0.16 miles

Contact Agent

Contact Agent

Joel Krieger
Living New York

Kips Bay | Manhattan

Quick Profile

If you take a walk through Kips Bay, which is loosely defined as the area between 23rd street and 34th street and the East River to almost Lexington, you’ll quickly learn it's a hodgepodge of sorts and not as well defined as other neighborhoods in New York City. Some New Yorkers say Kips Bay has an identity crisis because 1st, 2nd, and 3rd avenues are distinctly different from one another as you traverse them. Despite the perceived lack of neighborhood vibe there are others that appreciate its affordability and convenience.  

First Avenue is dominated by hospitals and hospital buildings such as NYU Medical Center and Bellevue Hospital to name a few. Second Avenue is a mosaic of convenience stores, fast food joints and nondescript brick buildings. Third Avenue is saturated with small bars and gastropubs and the twenty somethings that patronize them. 

No judgement against Kips Bay here. It’s a great neighborhood that is just as much a part of New York City as any other neighborhood. Kips Bay It’s bordered by Murray Hill to the North, Stuyvesant Town and Gramercy Park to the South, and Rose Hill to the West. The neighborhood is partly defined by newer high-rise apartments, brick rowhouses, and former tenement buildings. 

More

Featured on the Linecity Blog

The MEDIAN

Manhattan | August 2023

According to New York City records, the median price for an apartment in Manhattan for the month of August 2023 was $1,150,000.  The price represents a minimal decrease of .02% from the median price of $1,175,000 recorded in August 2022.  The number of apartment sales, however, fell from 1,546 to 1,204 reflecting a year-over-year decreas...

posted on December 8, 2023
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.
OLR ID: 43251TH
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