Condominium
Hillrose28
181 East 28th Street, New York, NY 10016
Buildings·Condominium

181 East 28th Street

181 East 28th Street, New York, NY 10016

At a glance
Type
Condominium
Landmark
No
The Data Room

Every recorded sale at this building, 2021–2026

Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.

Median $/sf
$2,249
Listing discount
4.8%
Recorded sales
39
On record
2021–2026

Hillrose28 at 181 East 28th Street is a ground-up condominium in Rose Hill, the tree-lined pocket between Gramercy, NoMad, and Kips Bay that has quietly become one of Midtown South's most livable residential neighborhoods. Completed in 2019 by Forkosh Development and designed by Lemay + Escobar, it rises 20 stories on a quiet street to deliver 43 contemporary homes with the systems, finishes, and amenity package that only new construction provides — wrapped in the calm of a low-key, walkable district rather than a high-traffic avenue.

The appeal is the combination of new-construction quality and a central, transit-rich location with a neighborhood feel. Residents are minutes from Madison Square Park, the NoMad restaurant scene, and the 6 and other Midtown lines, while the building itself offers full service and a deep amenity suite scaled for full-time living.

Building operations

181 East 28th runs as a full-service condominium with round-the-clock doorman and concierge staffing. As a condominium, it offers the ownership advantages Midtown South buyers value: flexible financing, a right-of-first-refusal in place of a co-op board package, and customary latitude for pied-à-terre, LLC, trust, and investment ownership, with subletting freer than at the area's pre-war cooperatives. In-unit washer/dryers are standard, and the building is pet-friendly. The roof terrace and lounge function as genuine entertaining spaces, not token amenities — a meaningful differentiator in a building of this size.

Local Law 97

Carbon-penalty exposure
🟢
Strong — under cap in both periods
2024–2029 annual penalty
$0 (under cap)
2030–2034 annual penalty
$0 (under cap)
Per unit / month range
See full Local Law 97 analysis — emissions history, scenarios, methodology →

Recent sales

Recent closings at this building, curated by The Roebling Team research desk. Apartment-level facts are independently verified before publishing; sale prices reflect the recorded transfer amount at the NYC Department of Finance.

DateUnitApartmentPricePPSFvs. Ask
Feb 17, 20261402
2 BR · 2.5 BA · 1,267 sf
$2,850,000$2,249/sf-12.3%
Apr 10, 2024PH1
4 BR · 4 BA · 3,114 sf
$7,655,625$2,458/sf-4.2%
Apr 5, 20241502
2 BR · 2.5 BA · 1,267 sf
$2,900,000$2,289/sfoff-mkt
Sep 5, 2023504
1 BR · 1 BA · 729 sf
$1,374,637$1,886/sfoff-mkt
Nov 10, 20221401
2 BR · 2 BA · 1,129 sf
$2,250,332.5$1,993/sf-9.1%
Sep 27, 2022404
1 BR · 1 BA · 729 sf
$1,350,000$1,852/sf-9.7%
Aug 5, 2022201
1 BR · 1 BA · 756 sf
$1,385,838.25$1,833/sf-4.4%
Jun 6, 2022401
1 BR · 1.5 BA · 890 sf
$1,629,200$1,831/sf-5.0%

Market read. Most recent trades (2026) cleared a median $2,249/sf across 1 sale. Median listing discount 4.8% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.

The retrade record

Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.

1502 · 1,267 sf+0%
$2,900,000 ($2,289/sf) 2021$2,900,000 ($2,289/sf) 2024
1402 · 1,267 sf-3%
$2,950,000 ($2,328/sf) 2021$2,850,000 ($2,249/sf) 2026
View all 39 recorded sales, sortable

Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.

Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00884-7503) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage from recorded condo declarations and offering plans.

What to know if you’re buying

This is a condominium purchase that clears through a right-of-first-refusal rather than a co-op board interview — faster and lighter than the area's pre-war cooperatives. Financing is flexible and entity and pied-à-terre purchases are customary. The most consequential diligence is the apartment: confirm the floor, exposure, and view of the specific home, and review the condominium's financials, reserve fund, and any sponsor-held units with your attorney. Buyers who prioritize modern systems, full service, and a quiet-street location with central access will find this an efficient, low-friction purchase.

What to know if you’re selling

The selling story is turnkey new construction, a strong amenity suite, and a livable Rose Hill location with quick access to NoMad and Midtown South. Lead with the building's modern systems, the roof terrace, and the duplex fitness center, and with the apartment's light and views. Price against other recent Rose Hill, NoMad, and Gramercy new-development condominiums rather than against older stock, which competes on a different basis. Because the building is small and well-amenitized, a well-prepared listing concentrates motivated buyer demand.

Comparable buildings

If you're weighing 181 East 28th Street, these nearby Gramercy, Rose Hill, and Kips Bay condominiums make a useful comparison set:

The Roebling Team at Hillrose28

The Roebling Team at Compass specializes in Gramercy, Rose Hill, NoMad, and the Midtown South condominium market. We publish this profile because new-construction buildings like Hillrose28 reward buyers and sellers who can read the amenity suite, the view lines, and where the pricing sits against the rest of new neighborhood inventory. If you're considering a transaction here, a 30-minute consultation is the right starting point.

Considering a move at Hillrose28?

Get the full picture on this building.

The full comp set, a private valuation of your line, or current and off-market availability — sent to you directly.

Or schedule a consultation →
Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com
Considering a sale?

Own an apartment here? See what it would sell for.

A broker’s honest answer to three questions — what your apartment would likely sell for today, what it costs to sell, and what you’d walk away with — for your apartment at Hillrose28, in this market. Put together by a person, not an algorithm.