---
title: "229 East 28th Street #4-K, New York City, NY 10016"
description: "229 East 28th Street #4-K, New York City, NY 10016 — Kips Bay, New York City, NY. Last Sold Price $350,000. Sold on 7/16/2026. Studio bed, 1 bath"
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/229-east-28th-street--k-4K-ny-10016"
source: "Real Estate Rebate Team"
status: "Closed"
---

# 229 East 28th Street #4-K, New York City, NY 10016

Kips Bay, New York City, NY

Courtesy of Find Properties

## At a Glance

- **Last Sold Price**: $350,000
- **Status**: Sold on 7/16/2026
- **Beds**: Studio
- **Baths**: 1
- **Common Charges**: $1,208 / mo
- **Brokerage Fee**: Share Eligible

This listing was successfully closed and is no longer active on the market.

[Planning to sell? Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

## Photos (10)

![229 East 28th Street #4-K, New York City, NY 10016 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ced09dea-d368-4f89-8803-088c6740f328.jpg)
![229 East 28th Street #4-K, New York City, NY 10016 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3c602725-0d4d-4309-a529-0d7692704be1.jpg)
![229 East 28th Street #4-K, New York City, NY 10016 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1715061a-6966-467c-87ec-1107f6723a1a.jpg)
![229 East 28th Street #4-K, New York City, NY 10016 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e92c6ae8-0d9d-49c2-941b-1f1c66b00491.jpg)
![229 East 28th Street #4-K, New York City, NY 10016 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7bddfc0b-2721-4ad4-b745-1f390cc2a896.jpg)
![229 East 28th Street #4-K, New York City, NY 10016 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/925454e2-2fce-4461-87dc-fc2924d5d47b.jpg)
![229 East 28th Street #4-K, New York City, NY 10016 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2c03ef95-0c9d-4895-813b-c05e8c399a66.jpg)
![229 East 28th Street #4-K, New York City, NY 10016 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ebb62809-1b8c-4c5b-aca1-9618a2f2c0ae.jpg)
![229 East 28th Street #4-K, New York City, NY 10016 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9ae6daf4-80ea-4074-b45a-49bd686cb043.jpg)
![229 East 28th Street #4-K, New York City, NY 10016 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/745ce1ce-f685-4ad6-a908-2e2b44c10344.jpg)

## Property Overview

**LOCATION - VALUE - CONVENIENCE**This roomy studio lets you organize your space efficiently.  Enjoy a recently renovated bathroom and recently renovated kitchen with stainless steel appliances including dishwasher.  Hardwood floors.  The walk-in closet / dressing area, plus ample storage elsewhere, helps you keep everything nice and neat.  This apartment is priced to sell.

Many convenient urban amenities are nearby.  Whole Foods, Trader Joe's, the East Side Hospitals, AMC Kip's Bay 15 movie theater. 6-train. R, W trains.  Crosstown 34th Street bus.  Restaurants galore.  Pied-a-terre allowed.  Parents helping allowed. Pets allowed subject to board approval. Some photos are virtually staged.

## Property Details

- **Property Type**: Co-op
- **Baths**: 1
- **Rooms**: 2
- **Stories**: 7
- **Year Built**: 1962
- **Common Charges**: $1,208 / Monthly
- **Listed On**: Jan 11, 2026
- **Days on Market**: 249 Days

### Residence Features

- Common Area
- Building Storage
- City

## Estimated Monthly Payment

**$2,872 / month**, assuming a 20% down payment ($65,800), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $1,664
- **Common Charges**: $1,208

Estimates only. Actual payments may vary. Confirm terms with your lender.

## Sales and market data

### How this price compares

- **Last sold price**: $350,000
- **Median sold price**: $432,500
- **Difference**: -$82,500 (-19.1%)
- **Comparable sales**: 48
- **Sales from**: October 2024 – July 2026
- **Middle half of those sales**: $364,750 – $485,000

Based on co-op studio sales in Kips Bay.

Square footage is recorded for only 18 of these 48 sales (38%), so no price per square foot is shown for this group. Co-op sales rarely carry a floor area, and a figure drawn from a handful of them would not describe the rest.

This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Kips Bay instead.

### How these sales were negotiated

- **Sale-to-list price**: 94.7% (45 sales)
- **Sold below asking**: 82% (45 sales)
- **Typical time to find a buyer**: 136 days (45 sales)
- **Typical time to close**: 83 days (42 sales)

Based on co-op studio sales in Kips Bay with the required listing and closing data. Sample sizes vary by metric.

These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure.

### Price trend

Median sale price, co-op studio sales in Kips Bay

| Year | Median sold price | Sales |
| --- | --- | --- |
| 2017 | $542,500 | 22 |
| 2018 | $499,900 | 25 |
| 2019 | $430,000 | 23 |
| 2020 | $500,000 | 15 |
| 2021 | $460,000 | 34 |
| 2022 | $462,500 | 30 |
| 2023 | $407,500 | 19 |
| 2024 | $495,000 | 19 |
| 2025 | $412,500 | 28 |
| 2026 YTD | $480,000 | 15 |

Based on recorded co-op studio sales in Kips Bay. 2026 is year-to-date.

Sales data through July 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.

## Price and Property History for 229 East 28th Street, Unit 4-K

Review the recorded listing activity for 229 East 28th Street, Unit 4-K, including asking-price changes and prior market dates.

- **Latest price change**: Reduced by $10,000, or 2.9%, on May 6, 2026
- **Originally listed**: January 11, 2026 at $349,000
- **Last sold**: $350,000 on July 16, 2026

| Date | Price | Listing event |
| --- | --- | --- |
| July 16, 2026 | $350,000 | Sold |
| May 26, 2026 | $329,000 | Entered contract |
| May 6, 2026 | $329,000 | Asking price reduced by $10,000, or 2.9% |
| January 11, 2026 | $349,000 | Listed for sale by Find Properties |

## 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

- [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.