- Year built
- 1940
- Type
- Cooperative
- Units
- 70
- Floors
- 6
- Pets
- Permitted (pet-friendly)
- Subletting
- Permitted (unlimited subletting reported)
- Pied-à-terre
- Allowed
Every recorded sale at this building, 2004–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 1BR median
- $599K
- Recent range
- $383K – $612K
- Listing discount
- 0.4%
- Recorded transfers
- 59
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 208 East 28th Street would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.
208 East 28th Street is a prewar Kips Bay cooperative with a policy set generous for a co-op. The 1940 elevator building — six stories, roughly 70 apartments, wrapped around a renovated Art Deco lobby — allows pied-à-terre purchases, co-purchasing, parents buying for children, guarantors, and investor buyers, with reportedly unlimited subletting. For a cooperative, that combination is rare, and it makes 208 East 28th one of the more accessible entry points into prewar Manhattan ownership.
For buyers, the appeal is straightforward: prewar apartments with real detail and generous layouts, in a well-located Kips Bay building marketed variously as Rose Hill, at a price point that undercuts the neighborhood's condominium stock. The flexible board rules mean this is a co-op that behaves, in practice, much closer to a condo.
Architecture and unit composition
The building rises six stories in prewar low-rise form, with a renovated Art Deco lobby setting the tone. Apartments carry prewar detail and larger-than-average layouts for the price point.
The unit mix runs studios through two-bedrooms — studios roughly 500 to 700 square feet, one-bedrooms roughly 500 to 800 square feet, and two-bedrooms roughly 700 to 800 square feet. Pricing is consistent with mid-market Kips Bay prewar co-ops. As a cooperative, values are best understood on a per-room and monthly-carry basis rather than strictly per square foot.
Building operations
208 East 28th Street operates as a self-service prewar co-op with an elevator, a renovated Art Deco lobby, a common outdoor courtyard/garden, and basement laundry and storage. There is no doorman, no garage, no gym, and no roof deck. The building's appeal is in its prewar space and its flexible board rather than in staffing or amenities. Standard co-op financing applies.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $3,610/yr
- Per unit / month range
- $0 – $4
- Modeled exposure split equally across 70 units (the city tax-lot count). Not an assessed amount; co-op shareholders are typically charged by share allocation.
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City record last verified September 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Recent sales
The building trades as a value-oriented prewar Kips Bay co-op, with the flexible policy set — pied-à-terre, co-purchasing, guarantors, investors, unlimited subletting — supporting demand from a broad buyer pool that a stricter co-op would exclude. Pricing tracks the mid-market Kips Bay prewar segment.
Recent transfers at this building, from The Roebling Research Library. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| May 19, 2026 | 5F | 1 BA | $382,500 | -4.4% | |
| Oct 8, 2024 | 2J | 1 BR · 1 BA · 720 sf | $595,000 | $826/sf | -0.8% |
| Jul 30, 2024 | 2A | 1 BR · 1 BA · 750 sf | $599,000 | $799/sf | +0.0% |
| Oct 31, 2023 | 6G | 1 BA | $395,000 | +1.3% | |
| Oct 28, 2022 | 6L | 1 BR · 1 BA | $599,000 | +0.0% | |
| Jul 13, 2021 | 5A | 1 BR · 1 BA · 750 sf | $592,500 | $790/sf | -1.1% |
| Oct 25, 2017 | 4A | 1 BR | $595,000 | -4.8% | |
| Mar 11, 2016 | 5DE | 3 BR · 1,350 sf | $1,300,000 | $963/sf | -8.8% |
Market read. $/sf is measured on the latest sales with reliable square footage (2024): a median $813/sf (floor-adjusted) across 2 sales. The building has traded as recently as 2026. Median listing discount 2.8% 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.
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 1-00908-0047). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage on co-ops is not officially recorded, figures shown are approximate.
Closed rents at 208 East 28th Street, last 36 months
| Size | Leases | Median / month |
|---|---|---|
| 2 bedroom | 3 | $4,600 |
3 closed sublet leases, October 2023 to September 2026. Most recent lease May 2026. Based on few leases. Sizes with fewer than 2 leases are not shown. Compiled by The Roebling Team at Compass from closed leases.
Buying here? Co-op closing costs typically run 2 to 3% of the price. See NYC co-op and condo closing costs, line by line.
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What to know if you’re buying
The board is unusually flexible for a co-op. Pied-à-terre, co-purchasing, parents buying for children, guarantors, and investor purchases are all permitted, with reportedly unlimited subletting — verify the current specifics at offer stage.
This is a self-service building. No doorman, gym, or garage — factor that into your comparison with full-service alternatives.
Prewar layouts are the value. Larger-than-average apartments with prewar detail at a Kips Bay price point.
Confirm the financials. Review the co-op's reserves, monthly maintenance, and any planned capital work.
What to know if you’re selling
Market the flexibility. The open board rules genuinely widen the buyer pool for a co-op — lead with them.
Space sells. Emphasize the larger prewar layouts relative to the price point.
Set expectations on process. A co-op board package and interview still apply even with flexible rules.
Comparable buildings
If you're considering 208 East 28th Street, also evaluate:
- 150 East 27th Street (Gotham House) — 1960 co-op with parking, low carry
- 335 East 51st Street — 1963 Midtown East condo with garage
- 157 East 32nd Street (L'Isola) — full-service Murray Hill condo
- 685 Second Avenue (The Hendrik House) — 1942 Murray Hill prewar co-op
More Kips Bay buildings
- 150 East 27th Street (Gotham House) — 1960 co-op
- 157 East 32nd Street (L'Isola) — 1988 condominium
- 205 East 24th Street — co-op
- 248 East 31st Street — 1925 condominium
- 303 East 33rd Street — 2009 condominium by Perkins Eastman
- 309 Third Avenue — 1972 co-op
The neighborhood
For the full neighborhood — its buildings, character, and market — read The Roebling Team Guide to Kips Bay.
The full playbook — what goes in the package, how boards read your financials, the interview, and the timeline — plus sample cover, reference, and personal letters you can adapt.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
Considering a move at 208 East 28th Street?
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