Updated 4 days ago
In contract

229 East 28th Street, 5-H

Kips Bay, Manhattan | Third Ave & Second Ave

Studio 1 BathCo-op

$305,000
Maintenance$1,159

Listing Features

  • Entry Foyer
  • Separate Kitchen

Outdoor space and views

  • South Exposure

Building Amenities

  • Virtual Doorman
  • Bike Storage
  • Elevator
  • Laundry Room
  • Storage

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 229 East 28th Street, 5-H

Convenient and tranquil, Apartment 5H at 229 East 28th Street is a studio perfectly situated in Kips Bay, at the nexus of Murray Hill and Gramercy. Elevated above the treetops with open southern exposure, the home is bathed in natural light throughout the day and offers a bright, airy, and calming ambiance.

This unit features excellent closet space, a true separate kitchen, and a generous living area with plenty of room to design and customize to your style.

Built in 1963, 229 East 28th Street is a well-maintained post-war cooperative located on a picturesque, low-traffic block. The elevator building features a virtual doorman, full-time superintendent, laundry room, bike room, and individual storage lockers available for rent, and permits financing up to 80%.

Central Kips Bay places you moments from many of Manhattan's best cafes, restaurants, and nightlife destinations. Everyday convenience is outstanding with Trader Joe's, D'Agostino, Target, Fairway, and Bed Bath & Beyond all close by for grocery and household needs. Multiple subway and bus lines are just a few blocks away, providing quick access to Midtown, Downtown, and the rest of New York City. NYU and other major campuses are reachable in approximately 20 minutes, depending on route and time of day.

Listing History for 229 East 28th Street, 5-H

Now
08/10/2026
Contract Signed by Derek Huckins
Corcoran
06/09/2026
$305,000
Initial Price by Derek Huckins
Corcoran

Building Details for 229 East 28th Street

OwnershipCo-op
Building TypeLow-Rise
Service LevelVirtual Doorman
AgePost-War
AccessElevator
Year Built1962
Financing Allowed80%
Floors/Apts7/83
Learn More About the Building

Transit and Citi Bike

Subway

28 St
0.24 miles
33 St
0.32 miles
23 St
0.37 miles
23 St
0.49 miles

Citi Bike

2 Ave & E 29 St
0.1 miles
Lexington Ave & E 29 St
0.15 miles

Building Availability

APPSF
Median
Average
-
$370,000
$370,000
-
$365,000
$365,000
Last 12 months
$662
-
-

Studio in Kips Bay

APPSF
Median
Average
$1,557
$710,000
$657,750
$1,107
$382,500
$469,700

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. 

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: 2182731