$339,000
●
Co-op -
For Sale
229 E 28th Street #LH
Manhattan, NY 10016
Studio
1 Bath
$2,764
Est. Monthly
$1,099
HOA / Fees
8.62%
Cap Rate
About This Property
Expansive alcove studio with a transformative design. The fabulous,
oversized, fully renovated kitchen features a dishwasher and
top-of-the-line appliances, along with lots of cabinets, storage,
and great counter space.
The building has a virtual doorman. The well-maintained Co-op with a newly renovated lobby, allows subletting after 3 years, co-purchasing, gifting, pied-a-terre, and guarantors. Pets are welcome with board approval. Bike storage and storage space are also available.
Steps to Trader Joes!
Close walk to NYU and Bellevue Medical Centers, NYU School of Medicine, and NYU School of Dentistry.
If you are looking for space and a great location, you must stop by and see this great unit.
The building has a virtual doorman. The well-maintained Co-op with a newly renovated lobby, allows subletting after 3 years, co-purchasing, gifting, pied-a-terre, and guarantors. Pets are welcome with board approval. Bike storage and storage space are also available.
Steps to Trader Joes!
Close walk to NYU and Bellevue Medical Centers, NYU School of Medicine, and NYU School of Dentistry.
If you are looking for space and a great location, you must stop by and see this great unit.
Unit Size
-
Days on Market
47 days
Land Size
-
Price per sqft
-
Property Type
Co-op
Property Taxes
-
HOA Dues
$1,099
Year Built
1962
Listed By
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 22 days ago (RLS #RLS11033294)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 6, 2025 | Listed by Spire Group Inc | $339,000 | |
| Listed by Spire Group Inc | |||
| Feb 18, 2015 | Sold to Hai-yi Cheng, Hsing-chien J... | ||
| Sold to Hai-yi Cheng, Hsing-chien J... | |||
| Jul 16, 2014 | Listed by TOWN Residential, LLC. | $349,000 | |
| Listed by TOWN Residential, LLC. | |||
| | |||
|
Words cannot describe this truly one-of-a-kind converted alcove
studio which is now a one bedroom home. This charmingly renovated
residence showcases 9' beamed ceilings, an eat-in diner styled
kitchen with custom cabinetry, as well as South Exposure, a
windowed bath and storage galore. Additional features include an
abundance of built-ins and closet space, beautiful hardwood
flooring, custom lighting, an already converted separate bedroom
with a raised loft-like bed, generous living area…
| |||
Property Highlights
Elevator
Doorman
Interior Details
Full Bathrooms: 1
Interior Features: Eat-in Kitchen, High Ceilings, Storage
Appliances: Dishwasher
Flooring Type: Hardwood
Laundry Features: Common Area, None, BuildingInside
Rooms: 2
Exterior Details
Architectural Style: Prewar
Year Built: 1900
Tax Lot: 0000
Utilities Details
Heating Type: None
Location Details
HOA Fee: $1,099
HOA Fee Frequency: Monthly
229 E 28th Street #LH, Manhattan, NY, 10016
By submitting your information, you agree RealtyHop can share your information with its network of real estate & mortgage professionals (or through their agents) and consent to receive marketing emails, calls, & texts related to your inquiry (including via automatic telephone dialing system, or artificial or pre-recorded voice technology) from Movoto or their affiliates to the email address or number you provided. By proceeding, you agree to our Terms of Service.
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Co-op
Stu
1
Bath
-
$339,000
Jan 30, 2024
$339,000
Jul 24, 2024
$1,001/mo
Co-op
Stu
1
Bath
-
$330,000
Aug 23, 2019
$330,000
Feb 14, 2020
$799/mo
In Contract
Co-op
Stu
1
Bath
350 ft²
$929/ft²
$325,000
Mar 1, 2024
-
$1,287/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
01/30/2024
|
Studio
|
1 Bath
|
-
|
$350,000
Studio
1 Bath
|
$339,000
-3.14%
07/24/2024
|
-
|
Troy N Gordon
R New York
| |
|
02/10/2023
|
1 Bed
|
1 Bath
|
650 ft²
|
$485,000
1 Bed
1 Bath
650 ft²
|
$450,000
-7.22%
07/27/2023
|
Martiak Rapoport
Compass
| ||
|
10/06/2022
|
1 Bed
|
1 Bath
|
-
|
$450,000
1 Bed
1 Bath
|
$450,000
01/19/2023
|
Cheryl Daly
Compass
| ||
|
10/06/2022
|
2 Bed
|
1 Bath
|
-
|
$725,000
2 Bed
1 Bath
|
$715,000
-1.38%
01/24/2023
|
Scott Kogos
Compass
| ||
|
09/22/2022
|
1 Bed
|
1 Bath
|
-
|
$398,888
1 Bed
1 Bath
|
$340,000
-14.76%
03/14/2023
|
James Brettholz
Bond New York Properties LLC
| ||
|
09/09/2022
|
Studio
|
1 Bath
|
-
|
$350,000
Studio
1 Bath
|
$322,500
-7.86%
06/06/2023
|
Joshua Rubin
Douglas Elliman Real Estate
| ||
|
07/27/2022
|
Studio
|
1 Bath
|
-
|
$465,000
Studio
1 Bath
|
-
-
|
-
|
Stefani Berkin
Charles Rutenberg, LLC
| |
|
07/14/2022
|
1 Bed
|
1 Bath
|
700 ft²
|
$475,000
1 Bed
1 Bath
700 ft²
|
$425,000
-10.53%
04/04/2023
|
Keith Knight
Corcoran Group
| ||
|
07/05/2022
|
1 Bed
|
1 Bath
|
-
|
$419,000
1 Bed
1 Bath
|
$396,000
-5.49%
11/16/2022
|
Eirik Gislason
Brown Harris Stevens Residential Sales LLC
| ||
|
06/14/2022
|
Studio
|
1 Bath
|
-
|
$399,000
Studio
1 Bath
|
-
-
|
-
|
Domingo P DeGuzman
Gemars Realty Corp
| |
|
01/25/2022
|
Studio
|
1 Bath
|
-
|
$425,000
Studio
1 Bath
|
$390,000
-8.24%
07/19/2022
|
Kenneth Castor
Corcoran Group
| ||
|
10/06/2021
|
1 Bed
|
1 Bath
|
-
|
$475,000
1 Bed
1 Bath
|
$445,000
-6.32%
03/23/2022
|
Amanda Kahn
Corcoran Group
| ||
|
09/20/2021
|
1 Bed
|
1 Bath
|
-
|
$470,000
1 Bed
1 Bath
|
$460,000
-2.13%
02/08/2022
|
Zia O'Hara
Douglas Elliman Real Estate
| ||
|
09/09/2021
|
Studio
|
1 Bath
|
-
|
$439,000
Studio
1 Bath
|
$425,000
-3.19%
03/03/2022
|
Neal Young
Brown Harris Stevens Residential Sales LLC
| ||
|
03/11/2021
|
Studio
|
1 Bath
|
450 ft²
|
$399,000
Studio
1 Bath
450 ft²
|
$365,000
-8.52%
08/09/2021
|
Andrew Kirk
Brown Harris Stevens Residential Sales LLC
| ||
|
03/02/2021
|
Studio
|
1 Bath
|
550 ft²
|
$475,000
Studio
1 Bath
550 ft²
|
$445,000
-6.32%
08/03/2021
|
Jeff Gordon
Platinum Properties
| ||
|
01/27/2021
|
1 Bed
|
1 Bath
|
-
|
$430,000
1 Bed
1 Bath
|
$400,000
-6.98%
08/03/2021
|
Maggie Moore
CORE Group Marketing LLC
| ||
|
10/21/2020
|
Studio
|
1 Bath
|
-
|
$360,000
Studio
1 Bath
|
$340,000
-5.56%
05/13/2021
|
Lara Quinones
Compass
| ||
|
07/27/2020
|
Studio
|
1 Bath
|
-
|
-
Studio
1 Bath
|
$299,000
08/05/2014
|
-
|
Adam Mariucci
Nest Seekers International
| |
|
04/14/2020
|
1 Bed
|
1 Bath
|
750 ft²
|
$499,000
1 Bed
1 Bath
750 ft²
|
$425,000
-14.83%
04/24/2021
|
-
|
Joshua Sloyer
Compass
| |
|
01/09/2020
|
Studio
|
1 Bath
|
-
|
$425,000
Studio
1 Bath
|
$390,000
-8.24%
06/10/2021
|
-
|
Lutfi Havlioglu
Citi Habitats, Inc.
| |
|
08/23/2019
|
Studio
|
1 Bath
|
-
|
$390,000
Studio
1 Bath
|
$330,000
-15.38%
02/14/2020
|
Robin Maffei
R New York
| ||
|
04/02/2019
|
Studio
|
1 Bath
|
550 ft²
|
$385,000
Studio
1 Bath
550 ft²
|
$385,000
08/01/2019
|
-
|
Kara Dusenbury
The Corcoran Group
| |
|
03/04/2019
|
Studio
|
1 Bath
|
-
|
$400,000
Studio
1 Bath
|
$395,000
-1.25%
06/26/2019
|
Bradley Mohr
Serhant LLC
| ||
|
09/04/2018
|
1 Bed
|
1 Bath
|
-
|
$399,000
1 Bed
1 Bath
|
$399,000
12/11/2018
|
-
|
Eugene Litvak
Citi Habitats, Inc.
| |
|
07/31/2018
|
Studio
|
1 Bath
|
-
|
$399,000
Studio
1 Bath
|
$390,000
-2.26%
12/10/2018
|
James Fierro
| ||
|
05/30/2018
| |
Studio
|
1 Bath
|
-
|
-
Studio
1 Bath
|
-
-
|
-
|
-
|
|
02/22/2018
|
Studio
|
1 Bath
|
500 ft²
|
$405,000
Studio
1 Bath
500 ft²
|
$398,000
-1.73%
06/25/2018
|
Barbara Fein
Douglas Elliman Real Estate
| ||
|
01/22/2018
|
Studio
|
1 Bath
|
-
|
$395,000
Studio
1 Bath
|
$395,000
05/08/2018
|
Haviland Morris
Brown Harris Stevens Residential Sales LLC
| ||
|
07/30/2017
| |
Studio
|
1 Bath
|
-
|
-
Studio
1 Bath
|
-
-
|
-
|
-
|
|
05/30/2017
|
Studio
|
1 Bath
|
-
|
$360,000
Studio
1 Bath
|
$375,000
+4.17%
10/31/2017
|
Julie Park
Compass
| ||
|
04/17/2017
|
Studio
|
1 Bath
|
-
|
$425,000
Studio
1 Bath
|
$435,000
+2.35%
07/21/2017
|
Lutfi Havlioglu
Town Residential
| ||
|
03/23/2017
|
Studio
|
1 Bath
|
-
|
$450,000
Studio
1 Bath
|
$450,000
08/15/2017
|
Jeff Gordon
Platinum Properties
| ||
|
09/20/2016
|
Studio
|
1 Bath
|
-
|
$409,000
Studio
1 Bath
|
$402,000
-1.71%
08/10/2017
|
Barbara Fein
Douglas Elliman Real Estate
| ||
|
06/20/2016
|
Studio
|
1 Bath
|
-
|
$405,000
Studio
1 Bath
|
$400,000
-1.23%
09/13/2016
|
Barbara Fein
Douglas Elliman Real Estate
| ||
|
05/12/2016
|
Studio
|
1 Bath
|
-
|
$385,000
Studio
1 Bath
|
$385,000
08/30/2016
|
Michael DeRosa
Halstead dba Brown Harris Stevens Residential Sales LLC
| ||
|
04/28/2016
|
Studio
|
1 Bath
|
-
|
$300,000
Studio
1 Bath
|
$320,000
+6.67%
07/20/2016
|
Frances Katzen
Serhant LLC
| ||
|
04/11/2016
|
Studio
|
1 Bath
|
-
|
$345,000
Studio
1 Bath
|
$355,000
+2.90%
08/03/2016
|
Lancelot Watson-Taffe
Serhant LLC
| ||
|
10/13/2015
|
Studio
|
1 Bath
|
-
|
$269,000
Studio
1 Bath
|
-
-
|
-
|
Leasing Office, Chelsea Park 260 West 26th Street
Sotheby's International Realty, Inc.
| |
|
07/16/2014
|
1 Bed
|
1 Bath
|
-
|
$349,000
1 Bed
1 Bath
|
$329,000
-5.73%
02/18/2015
|
James Brettholz
TOWN Residential, LLC.
| ||
|
05/14/2014
|
Studio
|
1 Bath
|
-
|
$349,000
Studio
1 Bath
|
$337,000
-3.44%
11/03/2014
|
Bradley Mohr
Nest Seekers International
| ||
|
04/16/2014
|
Studio
|
1 Bath
|
-
|
$415,000
Studio
1 Bath
|
$415,000
07/14/2014
|
Osterweil Russell
Corcoran Group
| ||
|
03/18/2014
|
Studio
|
1 Bath
|
-
|
$345,000
Studio
1 Bath
|
-
10/23/2014
|
Dana Schechtman
Halstead dba Brown Harris Stevens Residential Sales LLC
| ||
|
12/04/2013
|
Studio
|
1 Bath
|
-
|
$299,000
Studio
1 Bath
|
-
08/05/2014
|
Scott Harris
Brown Harris Stevens Residential Sales LLC
| ||
|
09/19/2013
|
Studio
|
1 Bath
|
-
|
$365,000
Studio
1 Bath
|
-
-
|
-
|
Haviland Morris
Halstead Property, LLC
| |
|
08/20/2013
|
1 Bed
|
1 Bath
|
-
|
$479,000
1 Bed
1 Bath
|
$470,000
-1.88%
12/20/2013
|
Scott Weinberg
TOWN Residential, LLC.
| ||
|
07/23/2013
|
Studio
|
1 Bath
|
450 ft²
|
$376,000
Studio
1 Bath
450 ft²
|
-
-
|
-
|
Suzanne Brose
Weichert Properties
|
Building Info
Alan J. Marcus Comp
229 East 28th Street, New York, NY 10016
- 84 Units
- 3 Units for Sale
About Midtown Manhattan
Similar Homes for Sale
Nearby Rentals
Listed by: Marin P Daskalov
Listing Courtesy of Spire Group Inc
Last Updated: 22 days ago
Last Checked: 14 minutes ago
Data Source: REBNY (©2024 Real Estate Board of New York)
The information is being provided by 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. ©2024 REBNY Listing Service, Inc. All rights reserved. RLS Data display by RH Advisors.
Listing Courtesy of Spire Group Inc
Last Updated: 22 days ago
Last Checked: 14 minutes ago
Data Source: REBNY (©2024 Real Estate Board of New York)
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc. CalDRE: 00494703
