--- title: "181 East 28th Street #402, New York City, NY 10016" description: "181 East 28th Street #402, New York City, NY 10016 — Kips Bay, New York City, NY. Listing Price $1,250,000. 1 bed, 1 bath, 627 sqft Illustrative Buyer Commission Share of $18,750 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/181-east-28th-street-402-ny-10016" source: "Real Estate Rebate Team" dateModified: "2026-09-19T04:31:55.437Z" status: "Active" --- # 181 East 28th Street #402, New York City, NY 10016 Kips Bay, New York City, NY Courtesy of Corcoran Group Last updated: September 19, 2026, 12:31 AM ## At a Glance - **Listing Price**: $1,250,000 - **Beds**: 1 - **Baths**: 1 - **Sqft**: 627 - **Common Charges**: $1,309 / mo - **Price per Sqft**: $1,994 - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $1,250,000 - **Illustrative Buyer Commission Share**: -$18,750* - **Illustrative Net Cost**: $1,231,250 *Illustrative Buyer Savings of $18,750 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (10) ![181 East 28th Street #402, New York City, NY 10016 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f11563af-3de7-4a7e-a09a-269c7d4655bf.jpg) ![181 East 28th Street #402, New York City, NY 10016 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/bc98ee20-9118-4abf-b555-422b4f225e38.jpg) ![181 East 28th Street #402, New York City, NY 10016 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/80a053fd-928d-4c1f-9f85-8a7e7f13ca41.jpg) ![181 East 28th Street #402, New York City, NY 10016 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/77865633-c78d-43c1-8cc0-c8a4deb45762.jpg) ![181 East 28th Street #402, New York City, NY 10016 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d6120fe9-cec2-4a8f-8e1f-2359b94f8f1b.jpg) ![181 East 28th Street #402, New York City, NY 10016 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4b35d6eb-2974-45f7-b40d-f71b840c0587.jpg) ![181 East 28th Street #402, New York City, NY 10016 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/68835ac0-fd1b-4c40-8633-607265568578.jpg) ![181 East 28th Street #402, New York City, NY 10016 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d2e577e0-b194-47cc-bb7d-6ab565393533.jpg) ![181 East 28th Street #402, New York City, NY 10016 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9e079bf7-a3e6-40d3-b76d-760e80678bf7.jpg) ![181 East 28th Street #402, New York City, NY 10016 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7c85ab7c-90c9-42c3-8ce0-b03b24a457c9.jpg) ## Property Overview Introducing Residence 402, a south-facing one-bedroom apartment at Hillrose28. The living space features wide-plank white oak flooring and oversized windows that overlook a tree-lined block and allow for natural light to fill the home. An open kitchen combines function and style and is ideal for those who like to cook and entertain. Statuary marble countertops are paired with top-of-the-line appliances and custom oak wood cabinets. The bedroom accommodates a king-sized bed and features a walk-in closet. The spa-like bathroom boasts Bianco Dolomite Italian marble tiles and a Toto cast-iron tub, inviting you to indulge in relaxation. This modern abode is complete with a Miele washer and dryer. Hillrose28 is a full-service boutique condominium situated in Kips Bay. Amenities include a spacious fitness center, residents' lounge, and furnished roof deck with panoramic views of the city. 181 East 28th Street is conveniently located near restaurants, shops, and public transportation, and provides easy access to nearby Flatiron and NoMad. Pets are welcome. ## Property Details - **Property Type**: Condominium - **Beds**: 1 - **Baths**: 1 - **Rooms**: 3 - **Sqft**: 627 sqft - **Stories**: 19 - **Year Built**: 2021 - **Price per Sqft**: $1,994 - **Common Charges**: $1,309 / Monthly - **Listed On**: Sep 11, 2026 - **Days on Market**: 22 Days ### Residence Features - Central Air - Building Other - Washer Hookup - In Unit - Building Roof Deck - Dishwasher ## Estimated Monthly Payment **$7,630 / month**, assuming a 20% down payment ($250,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $6,321 - **Common Charges**: $1,309 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Sales and market data ### Recent sales 20 apartments at Hillrose 28 have recorded sales since October 2021, the most recent for $2,850,000 in February 2026. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | 1402 (Apartment) | 2 | 1,267 | $2,850,000 | $2,249/ft² | February 9, 2026 | City record · MLS | | PH1 (Duplex) | 4 | 3,114 | $7,655,625 | $2,458/ft² | March 26, 2024 | City record · MLS | | 1401 (Apartment) | 2 | 1,129 | $2,250,333 | $1,993/ft² | October 31, 2022 | City record · MLS | | 404 (Apartment) | 1 | 729 | $1,350,000 | $1,852/ft² | September 9, 2022 | City record · MLS | | 201 (Apartment) | 1 | 756 | $1,385,838 | $1,833/ft² | June 16, 2022 | City record · MLS | | 401 (Apartment) | 1 | 890 | $1,629,200 | $1,831/ft² | May 18, 2022 | City record · MLS | | 1102 (Apartment) | 2 | 1,267 | $2,932,560 | $2,315/ft² | April 25, 2022 | City record · MLS | | 1101 (Apartment) | 2 | 1,129 | $2,240,150 | $1,984/ft² | April 8, 2022 | City record · MLS | | PH2 (Apartment) | 2 | 1,779 | $4,746,488 | $2,668/ft² | March 28, 2022 | City record · MLS | | 1001 (Apartment) | 2 | 1,129 | $2,168,873 | $1,921/ft² | February 23, 2022 | City record · MLS | | 1602 (Apartment) | 2 | 1,267 | $3,029,294 | $2,391/ft² | February 4, 2022 | City record · MLS | | 601 (Apartment) | 1 | 890 | $1,731,025 | $1,945/ft² | December 30, 2021 | City record · MLS | | 603 (Apartment) | 1 | 898 | $1,725,000 | $1,921/ft² | December 29, 2021 | City record · MLS | | 304 (Apartment) | 1 | 729 | $1,293,178 | $1,774/ft² | December 21, 2021 | City record · MLS | | 802 (Apartment) | 2 | 1,267 | $3,405,000 | $2,687/ft² | December 21, 2021 | City record · MLS | | 703 (Apartment) | 2 | 1,469 | $3,003,838 | $2,045/ft² | December 13, 2021 | City record · MLS | | 604 (Apartment) | 1 | 729 | $1,400,094 | $1,921/ft² | December 2, 2021 | City record · MLS | | 501 (Apartment) | 1 | 729 | $1,715,751 | $2,354/ft² | November 19, 2021 | City record · MLS | | 901 (Apartment) | 2 | 1,129 | $2,189,238 | $1,939/ft² | October 14, 2021 | City record · MLS | | 801 (Apartment) | 2 | 1,129 | $2,061,956 | $1,826/ft² | October 4, 2021 | City record · MLS | Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below. ### How this price compares - **This home**: $1,250,000 - **Median sold price**: $1,514,647 - **Difference**: -$264,647 (-17.5%) - **This home, $/ft²**: $1,994 - **Median $/ft²**: $1,886 - **Comparable sales**: 8 - **Sales from**: November 2021 – September 2022 - **Middle half of those sales**: $1,376,878 – $1,718,063 Based on one-bedroom sales at Hillrose 28. ### How these sales were negotiated - **Sale-to-list price**: 96.8% (8 sales) - **Sold below asking**: 75% (8 sales) Based on one-bedroom sales at Hillrose 28 with the required listing and closing data. Sample sizes vary by metric. ### Price trend Median sale price, condo and house one-bedroom sales in Kips Bay | Year | Median sold price | Sales | | --- | --- | --- | | 2017 | $876,000 | 19 | | 2018 | $885,000 | 11 | | 2021 | $850,000 | 32 | | 2022 | $1,330,750 | 50 | | 2023 | $1,307,018 | 40 | | 2024 | $975,000 | 19 | | 2025 | $1,250,000 | 45 | | 2026 YTD | $1,150,000 | 19 | Based on recorded condo and house one-bedroom sales in Kips Bay. 2026 is year-to-date. Sales data through February 2026. Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. [See every recorded sale at Hillrose 28](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/hillrose-28) ## Property Tax History Taxes at 181 East 28th Street #402 were $16,174 in 2026, down 1.7% from 2025. | Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate | | --- | --- | --- | --- | --- | --- | --- | | 2026 (FY 2026/27) | $131,271 | $32,368 | $98,903 | $129,391 | $16,174 | 12.5% (estimated) | | 2025 (FY 2025/26) | $135,920 | $32,368 | $103,552 | $131,683 | $16,460 | 12.5% (estimated) | | 2024 (FY 2024/25) | $136,554 | $32,368 | $104,186 | $129,438 | $16,180 | 12.5% | | 2023 (FY 2023/24) | $136,554 | $32,368 | $104,186 | $127,066 | $15,886 | 12.502% | | 2022 (FY 2022/23) | $124,696 | $32,368 | $92,328 | $120,171 | $14,741 | 12.267% | The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one. Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls. Figures are the New York City Department of Finance assessment roll for tax lot 1008841211. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change. [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### Hillrose 28 181 East 28th Street, New York, NY 10016 A building in the neighborhood, currently featuring 1 active listing. - **Year Built**: 2021 - **Active Units**: 1 - **Floors**: 19 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/hillrose-28) ### Available Residences — For Sale (1) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [402](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/181-east-28th-street-402-ny-10016) | 1 | 1 | 627 sqft | $1,994 | $1,250,000 | Corcoran Group | Sep 11, 2026 | 22 days | ## Kips Bay Medical Mile & Value [Explore Kips Bay](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/kips-bay) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Kips Bay - [Murray Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/murray-hill) - [Gramercy real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/gramercy) - [Flatiron District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/flatiron-district) - [Stuyvesant Town real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/stuyvesant-town) - [Midtown real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/midtown) - [East Village real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/east-village) ## Related Links - [Hillrose 28 — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/hillrose-28) - [Kips Bay neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/kips-bay) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > 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. ©2026 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 the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.