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229 East 28th Street 4MNew York, NY 10016

For Sale

$475,000

Smart Buyer Rebate - Ask

A thoughtful renovation and views over the gardens at the rear of the building distinguish this inviting Kips Bay one-bedroom. A generous entry foyer with built-in shelving and a large closet provides a welcoming introduction to the home, while custom millwork conceals both the heating and through-the-wall air conditioning. Clean finishes and abundant storage are found throughout. The open kitchen and living room form a welcoming great room anchored by rich wood cabinetry, stone countertops and a suite of stainless steel appliances, including a Liebherr refrigerator, Bosch dishwasher, gas range and wine cooler. A wraparound counter provides additional workspace and helps define the kitchen within the larger living area. North-facing windows overlook the gardens and neighboring buildings at the rear of the property rather than the street, bringing soft natural light into the apartment. The bedroom accommodates a king-sized bed and additional furniture. The contemporary renovated bathroom is anchored by a striking mosaic feature wall framed by black-and-white tile. A pedestal sink and framed mirror complete the design. This pet-friendly elevator building permits dogs up to 35 pounds and features a renovated laundry room, bike storage, private storage lockers and a video intercom. Pieds-à-terre, co-purchasing, gifting and parents purchasing for children are permitted, and subletting is allowed after three years of ownership. Madison Square Park, Trader Joe's, the 40,000-square-foot Fairway Market and NYU Langone Health are all nearby. Marta, 2nd Ave Deli and Bhatti Indian Grill are just a few of the neighborhood's well-known restaurants, and the 6 train at Park Avenue South provides direct access to Grand Central and Union Square. Furnished photographs are virtually staged.

Listed by Matthew Bank

·

Bank Neary Inc

·

(917) 608-6309

Last updated July 21, 2026

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Source: REBNY #RLS20098576

RLS Data display by Prevu Real Estate LLC

Listing Facts

  • TypeCo-op
  • NeighborhoodFlatbush
  • Bedrooms1
  • Bathrooms1
  • Days on Prevu43
  • HOA/Maint. Fees$1,898/month

Amenities

  • Private Outdoor Space

Location

Mortgage Calculator

Listing History

07/21/2026
Price Decreased
$475,000
06/18/2026
Listed by Bank Neary Inc
$485,000

Estimated Closing Costs

Attorney Fees
$4,000
Bank Attorney
$1,500
Other Closing Costs
$4,000
Total
$9,500

Estimated closing costs are based on the list price of $475,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 229 East 28th Street 4M

Association

Amenities

  • Pets Allowed: Building Yes, No

Fees

  • Association Fee: $1,898.00 Monthly

Financial

  • Flip Tax: 5.0%
  • Flip Tax Remarks: 5% Of The Net Profit ASK EXCL BROKER

Exterior

Construction

  • Stories Total: 7
  • Structure Type: High Rise
  • Year Built: 1962
  • Building Name: Alan J. Marcus Comp
  • Entry Level: 4

Features

  • Building Features: Elevator(s)

Interior

Measurements

  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 1
  • Rooms Total: 3

Other

Location

  • City Region: Manhattan
  • Subdivision Name: Kips Bay
  • Tax Block: 00909
  • Tax Lot: 0015

Frequently Asked Questions

How many bedrooms and bathrooms does this co-op have?

There is 1 bedroom and 1 bathroom in this co-op at 229 East 28th Street 4M.

How does 229 East 28th Street 4M compare to other co-ops in Flatbush?

This co-op is listed 24% below the average price for co-ops in Flatbush and has been on the market for 58 less days than the typical home in this area.

What building or home owners association is the co-op part of?

This co-op is in the Alan J. Marcus Comp building.

229 East 28th Street 4M is a 1-bedroom, 1-bath co-op for sale in New York NY 10016. On Prevu for 43 days at $475,000. This includes a recent price decrease of $10,000. This home is located in Flatbush. The median listing price for co-ops in this area is $795,000. Property amenities include private outdoor space. View other co-op listings in Brooklyn.

RLS Data display by Prevu Real Estate LLC The Registrant acknowledges each other RLS Broker's ownership of, and the validity of their respective copyright in, the Exclusive Listings that are transmitted over the RLS. The information is being provided by RLS at REBNY Listing Service, Inc. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. 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 RLS at REBNY Listing Service, Inc. All rights reserved. Based on information from the Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity. 2026 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.