---
title: "229 East 28th Street #5F, New York City, NY 10016"
description: "229 East 28th Street #5F, New York City, NY 10016 — Kips Bay, New York City, NY. Last Sold Price $380,000. Sold on 8/5/2026. Studio bed, 1 bath"
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/229-east-28th-street-f-5F-ny-10016"
source: "Real Estate Rebate Team"
status: "Closed"
---

# 229 East 28th Street #5F, New York City, NY 10016

Kips Bay, New York City, NY

Courtesy of Corcoran Group

## At a Glance

- **Last Sold Price**: $380,000
- **Status**: Sold on 8/5/2026
- **Beds**: Studio
- **Baths**: 1
- **Common Charges**: $1,159 / 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This listing was successfully closed and is no longer active on the market.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 (5)

![229 East 28th Street #5F, New York City, NY 10016 — photo 1 of 5](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4914d01b-8de0-4d9f-a057-da87114c0f50.jpg)
![229 East 28th Street #5F, New York City, NY 10016 — photo 2 of 5](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/438c8a0f-24fb-4ea1-aa00-0bcba9f467e1.jpg)
![229 East 28th Street #5F, New York City, NY 10016 — photo 3 of 5](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2ddf8794-3ceb-4859-96ca-45b7c8911a4b.jpg)
![229 East 28th Street #5F, New York City, NY 10016 — photo 4 of 5](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/79bc2742-6425-4391-bcb1-8d870e7478a2.jpg)
![229 East 28th Street #5F, New York City, NY 10016 — photo 5 of 5](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/57d6fdf8-7f0a-4fc5-ae1f-456a12eaac17.jpg)

## Property Overview

Convenient and serene, Apartment 5F at 229 East 28th Street is a move-in ready studio in the heart of Kips Bay, bordering Murray Hill and Gramercy. Perched above the treetops with open southern exposure, this home enjoys all-day natural light and a calm, airy ambiance.

 The open kitchen is thoughtfully designed with stainless steel appliances, ample cabinetry, and a breakfast bar that comfortably doubles as a dining area, maximizing both function and space. This home provides exceptional storage, making studio living highly efficient and organized. The windowed bathroom features a soaking tub/shower combination and a fresh, modern look.

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

 This central Kips Bay location places you amongst some of Manhattan's most popular cafes, restaurants, and nightlife. Everyday convenience is unmatched with Trader Joe's, D'Agostino, Target, Fairway, and Bed Bath & Beyond all nearby. Multiple subway and bus lines are just a few blocks away, providing easy access to Midtown, Downtown, and the rest of New York City. Only 20 minutes to NYU!

 Apartment 5F is an ideal primary residence, pied-à-terre, or starter home in one of Manhattan's most convenient neighborhoods.

## Property Details

- **Property Type**: Co-op
- **Baths**: 1
- **Rooms**: 2
- **Stories**: 7
- **Year Built**: 1962
- **Common Charges**: $1,159 / Monthly
- **Listed On**: May 14, 2026
- **Days on Market**: 126 Days

### Residence Features

- Building Other
- City
- Park/Greenbelt

## Estimated Monthly Payment

**$3,080 / month**, assuming a 20% down payment ($76,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $1,921
- **Common Charges**: $1,159

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

## Sales and market data

### Recent sales

28 apartments at Alan J. Marcus Comp have recorded sales since September 2021, the most recent for $380,000 in August 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| 5F (Apartment) | Studio | — | $380,000 | — | August 5, 2026 | MLS |
| [4-K](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/229-east-28th-street--k-4K-ny-10016) (Apartment) | Studio | — | $350,000 | — | July 16, 2026 | MLS |
| 2C (Apartment) | Studio | — | $365,000 | — | June 17, 2026 | MLS |
| 1D (Apartment) | Studio | 550 | $364,000 | $662/ft² | April 15, 2026 | City record · MLS |
| 6D (Apartment) | Studio | — | $435,000 | — | September 26, 2025 | City record · MLS |
| 3F (Apartment) | Studio | — | $405,000 | — | September 10, 2025 | City record · MLS |
| LH (Apartment) | — | — | $313,000 | — | August 27, 2025 | City record |
| 5D (Apartment) | Studio | — | $415,000 | — | July 23, 2025 | City record · MLS |
| 5-C (Apartment) | Studio | — | $330,000 | — | June 18, 2025 | City record · MLS |
| 2E (Apartment) | — | — | $422,500 | — | December 17, 2024 | City record |
| 6C (Apartment) | — | — | $340,000 | — | August 6, 2024 | City record |
| 5B (Apartment) | Studio | — | $335,000 | — | June 27, 2024 | City record · MLS |
| 4A (Apartment) | — | — | $439,000 | — | May 14, 2024 | City record |
| LC (Apartment) | — | — | $320,000 | — | April 11, 2024 | City record |
| 6-M (Apartment) | 1 | 650 | $450,000 | $692/ft² | July 27, 2023 | City record · MLS |
| 1L (Apartment) | Studio | — | $322,500 | — | June 6, 2023 | City record · MLS |
| 2A (Apartment) | 1 | 700 | $425,000 | $607/ft² | April 4, 2023 | City record · MLS |
| 2D (Apartment) | 1 | — | $340,000 | — | March 14, 2023 | City record · MLS |
| 5E (Apartment) | — | — | $412,995 | — | February 16, 2023 | City record |
| LA (Apartment) | 2 | — | $715,000 | — | January 24, 2023 | City record · MLS |
| 2-M (Apartment) | 1 | — | $450,000 | — | January 19, 2023 | City record · MLS |
| 1J (Apartment) | 1 | — | $396,000 | — | November 16, 2022 | City record · MLS |
| 6K (Apartment) | Studio | 600 | $380,000 | $633/ft² | September 21, 2022 | City record · MLS |
| 5F (Apartment) | Studio | — | $390,000 | — | July 19, 2022 | City record · MLS |
| 1M (Apartment) | 1 | — | $445,000 | — | March 23, 2022 | City record · MLS |
| LK (Apartment) | Studio | — | $425,000 | — | March 3, 2022 | City record · MLS |
| LM (Apartment) | 1 | — | $460,000 | — | February 8, 2022 | City record · MLS |
| LF (Apartment) | — | — | $307,500 | — | September 25, 2021 | City record |

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

- **Last sold price**: $380,000
- **Median sold price**: $365,000
- **Difference**: +$15,000 (+4.1%)
- **Comparable sales**: 3
- **Sales from**: June 2026 – August 2026
- **Middle half of those sales**: $357,500 – $372,500

Based on studio sales at Alan J. Marcus Comp.

Square footage is recorded for only 0 of these 3 sales (0%), 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.

### How these sales were negotiated

- **Sale-to-list price**: 98.7% (3 sales)
- **Sold below asking**: 67% (3 sales)
- **Typical time to find a buyer**: 135 days (3 sales)
- **Typical time to close**: 65 days (3 sales)

Based on studio sales at Alan J. Marcus Comp 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 August 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 Alan J. Marcus Comp](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/alan-j-marcus-comp)

## Price and Property History for 229 East 28TH Street, Unit 5F

Review the recorded listing activity for 229 East 28TH Street, Unit 5F, including asking-price changes and prior market dates.

- **Latest price change**: Reduced by $5,000, or 1.3%, on August 5, 2026
- **Originally listed**: May 14, 2026 at $385,000
- **Last sold**: $380,000 on August 5, 2026

| Date | Price | Listing event |
| --- | --- | --- |
| August 5, 2026 | $380,000 | Sold |
| August 5, 2026 | $380,000 | Asking price reduced by $5,000, or 1.3% |
| June 1, 2026 | $385,000 | Entered contract |
| May 14, 2026 | $385,000 | Listed for sale by Corcoran Group |
| July 19, 2022 | $390,000 | Sold — recorded sale price |
| January 25, 2022 | $425,000 | Listed for sale by Corcoran Group |

## Property Taxes

This apartment is part of a co-op that is taxed as one lot shared across 84 apartments. The corporation’s 2026 property tax bill was $709,871 for the whole building. Shareholders cover it through their monthly maintenance rather than a separate bill for this unit.

[See the full property tax history for Alan J. Marcus Comp](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/alan-j-marcus-comp)

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## About The Building

### Alan J. Marcus Comp

Kips Bay · Stock Cooperative

229 East 28th Street, New York, NY 10016

A building in Kips Bay, currently featuring 0 active listings.

- **Year Built**: 1962
- **Active Units**: 0
- **Floors**: 7

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/alan-j-marcus-comp)

### Available Residences — For Sale (2)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [5H](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/229-east-28th-street-h-5H-ny-10016) | Studio | 1 | — | — | $305,000 — In contract | Corcoran Group | Jun 8, 2026 | 100 days |
| [4M](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/229-east-28th-street-m-4M-ny-10016) | 1 | 1 | — | — | $475,000 (-2.1%) — In contract | Bank Neary Inc | Jun 18, 2026 | 90 days |

### Recently Sold (1)

| Unit | Beds | Baths | Size | Price / Ft² | Sold Price | Listing Office | Listed Date | Sold Date |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [5F](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/229-east-28th-street-f-5F-ny-10016) | Studio | 1 | — | — | $380,000 | Corcoran Group | May 14, 2026 | Aug 5, 2026 |

## 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

- [Alan J. Marcus Comp — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/alan-j-marcus-comp)
- [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.