140 E 28TH Street, #2EF, New York (Kips Bay), NY, 10016 | $1,245,000

140 East 28th Street, Residence 2EF

Refined Pre-War Elegance at the Intersection of Gramercy, NoMad & Kips Bay

Gracious, grand, and impeccably reimagined-Residence 2EF at 140 East 28th Street offers a rare opportunity to own a bespoke two-bedroom, two-bathroom home (with an effortless option for a third bedroom) in one of Manhattan's most distinguished full-service pre-war cooperatives, designed by the legendary Bing & Bing and architect Emery Roth.

Located in Rose Hill between Gramercy and Murray Hill, this impeccably combined residence exudes timeless sophistication and contemporary comfort, offering a scale and flow rarely found in today's market with hardwood floors throughout. The unit boasts the unusually rare opportunity to have two working wood burning fireplaces in both the living room and primary bedroom complete with custom doors.

An elegant entry foyer opens into an expansive living and dining salon, ideal for entertaining or refined daily living. The windowed chef's kitchen is thoughtfully appointed with top-tier appliances and custom cabinetry, perfectly marrying form and function include a Viking range, Bosch dishwasher, Kitchenaide refrigerator/freezer and Hansgrohe faucet. Both full bathrooms have been exquisitely renovated with premium finishes.

The residence boasts two oversized bedrooms, including a serene primary suite with abundant closet space. The second bedroom is equally spacious and can be effortlessly divided to create a third bedroom, study, or library, offering exceptional flexibility. Both bedrooms include custom Hunter Douglas window treatments with dual shades, the second shade is black out and both are motorized and remote controlled. City quiet windows have been installed throughout for extra peace and quiet. Storage is unusually abundant throughout, including two walk-in closets, and a washer/dryer.

Building Features:

140 East 28th Street is an impeccably maintained, full-service cooperative with a 24-hour doorman, a live-in superintendent, and a stunning landscaped roof terrace offering panoramic views of the Manhattan skyline. The building welcomes pets and permits pieds- -terre, guarantors, and co-purchasing with board approval. The current ongoing assessment for the Local Law 11 work has been paid in full by the owner, the project, which is currently underway, is anticipated to be completed by the end of 2025.

This is classic New York living at its finest-where pre-war architectural integrity meets contemporary luxury in a location that offers unrivaled access to the best of Manhattan.

Features

  • Town: New York
  • Levels: 13
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Building In Basement,Washer Hookup,In Unit
  • Year Built: 1931
  • Common Charge: $3,743 Monthly
  • View: City
  • Pet Policy: Building Yes,Yes
  • MLS#: RLS20023385
  • Days on Market: 245 days
  • Website: https://www.raveis.com
    /prop/RLS20023385/140e28thstreet_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.

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NMLS Mortgage Loan Originator ID 1020051

508.740.5922

Frank.Merola@raveis.com

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140 E 28TH Street, #2EF, New York (Kips Bay), NY, 10016

$1,245,000

Ward Brown

Luxury Properties Specialist

William Raveis Real Estate

Phone: 508.237.1112

Ward.Brown@raveis.com

Frank Merola

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 508.740.5922

Frank.Merola@raveis.com

NMLS Mortgage Loan Originator ID 1020051

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $996,000 $996,000 $996,000
Term 360 months 360 months 180 months
Initial Interest Rate** 4.875% 5.750% 5.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.001% 5.858% 5.681%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,271 $5,812 $8,138
Total Monthly Payment $5,396 $5,937 $8,263

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.