200 East 28th Street (The Rosehill)

200 East 28th Street is an early-to-mid-1960s postwar brick mid-rise — six stories, roughly 26,998 square feet, a boutique brick building on the Kips Bay / Murray Hill border. Many of the apartments are corner units with double exposures, and some carry Empire State Building views, a function of the building's height and orientation.

The 43 residential units (44 total including one commercial unit) feature central air, dishwashers, and hardwood floors. The building converted from rental to condominium in 1987, and the in-unit systems reflect a building that has been maintained and updated over its condominium life. The amenity infrastructure is efficient rather than extensive: elevator, central laundry room, bike room, shared backyard, storage, and video-intercom entry.

200 East 28th Street operates as a condominium. There is no full-time doorman — entry is via video intercom — and a live-in superintendent manages day-to-day operations. The elevator, central laundry room, bike room, shared backyard, and storage make up the amenity infrastructure. There is no fitness center and no roof deck.

As a condominium, The Rosehill offers the use and financing flexibility characteristic of the form: it is pet-friendly (cats and dogs), and subletting and pied-à-terre use are generally permitted under the condominium procedures — with the practical result that a meaningful share of units are investor-rented. That relatively high investor / rental share is worth noting: it can affect a lender's owner-occupancy ratio requirements on a given loan, so a financing buyer should confirm the current owner-occupancy percentage during due diligence. Confirm the common-charge and tax figures, the owner-occupancy ratio, and any condominium rules with the managing agent and the offering plan.

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.

Market read. Most recent trades (2024) cleared a median $1,068/sf across 1 sale. Median listing discount -3.2% over ask.

Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00908-7501) 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.

This is a real condominium with individual unit sales. The Department of Finance tag is a billing artifact; The Rosehill is a for-sale condominium in which individual apartments transact and are financed individually. Buyers get the full flexibility of the condo form.

Note the investor / rental share — it can affect financing. A relatively high share of units are investor-rented. Some lenders limit financing when a building's owner-occupancy ratio falls below a threshold, so a financing buyer should confirm the current owner-occupancy percentage with the managing agent before committing to a lender.

The building is genuinely pet-friendly. Cats and dogs are welcome — a meaningful advantage over the surrounding cooperative inventory for pet-owning buyers.

The service level is boutique by design. There is no full-time doorman (entry is via video intercom), no fitness center, and no roof deck, which keeps common charges contained. Buyers who require a full amenity suite should weigh this.

Model the full monthly carry. Common charges plus property taxes plus utilities should be modeled carefully; run pricing through the Mansion Tax Calculator where thresholds apply.

Marketing should lead with condo flexibility and location. A pet-friendly condominium with financing flexibility, near the 6 train and the NYU Langone / Bellevue corridor, is a differentiated story on the Kips Bay / Murray Hill border. Corner exposure and Empire State Building views are line-specific selling points.

Frame the boutique service as a feature. The video-intercom entry, live-in super, and shared backyard, together with contained common charges, are deliberate. Position them as the efficient cost structure of a boutique building.

Be prepared to address the owner-occupancy question. Because a share of units are investor-rented, a well-prepared seller should know the current owner-occupancy percentage and be ready to speak to how it affects a buyer's financing.

Pricing requires apartment-level comparable analysis. Exposure, floor, and finish condition drive variation across the 43 units. Reference the most-recent closed comp on the relevant line and layout.

Closing timelines are condo-fast. 30–45 days from contract signing to closing, with the buyer pool broadened by the condominium's financing and use flexibility.

If you're considering 200 East 28th Street, also evaluate:

• Nearby Kips Bay / Gramercy condominiums — a cluster of postwar and later condominiums in the East 20s and 30s near the medical corridor and the 6 train, comparable in scale, amenity level, and flexibility to The Rosehill.

The Roebling Team at Compass works the Kips Bay, Murray Hill, and Gramercy corridor as part of our broader Manhattan practice. We publish this building profile because Kips Bay and Murray Hill buyers and sellers deserve building-specific intelligence — architectural context, policy framework, and comparable analysis at the apartment level — not generic neighborhood commentary.

If you're considering a purchase or sale at 200 East 28th Street, a 30-minute consultation is the right starting point.