New York (Kips Bay), NY, 10016 | $650,000

Residence 7R at 201 East 28th Street is a beautifully maintained one-bedroom residence with a dedicated home office, offering generous proportions, thoughtful design, and effortless everyday living in the heart of Kips Bay.

A gracious entry foyer with abundant closet space welcomes you into a bright and expansive living and dining area, where oversized CitiQuiet windows, rich hardwood floors, and custom built-ins create a warm, inviting, and remarkably peaceful atmosphere. The windowed kitchen has been thoughtfully updated with contemporary finishes, ample cabinetry, and exceptional functionality, including custom storage features such as a pull-out spice rack and dedicated cutting board and baking tray storage. Cork flooring underfoot adds both comfort and practicality, making the space particularly enjoyable for everyday use.

A separate home office provides a rare and versatile bonus space, ideal for remote work, a library, or additional storage. Throughout the home, an exceptional amount of customized storage has been thoughtfully integrated, including a deep entry closet designed to accommodate luggage, a dedicated utility closet, a separate shoe closet, and abundant built-in organization.

The oversized bedroom serves as a tranquil retreat, featuring excellent closet space, including a custom-created walk-in closet that enhances both privacy and functionality. The well-appointed bathroom is finished with clean, timeless details and includes an oversized linen closet, further contributing to the home's exceptional storage capacity.

Residents enjoy a full-service lifestyle with a 24-hour doorman, live-in superintendent, beautifully landscaped roof deck with Wi-Fi and Empire State Building views, central laundry room, and on-site garage with direct building access. Known for its attentive staff and meticulous upkeep, the building offers a level of convenience and service that makes everyday living effortless.

Perfectly positioned in the heart of Kips Bay, the building is moments from acclaimed dining, neighborhood cafés, and multiple transportation options. Five supermarkets, including Whole Foods, Trader Joe's, Fairway, Lidl, and D'Agostino, all within four blocks, make this one of Manhattan's most convenient and livable neighborhoods.

Assessment of $341. 73/mo through January 2027 for capital improvements.

Features

  • Town: New York
  • Cooling: Other
  • Levels: 20
  • Rooms: 4
  • Bedrooms: 1
  • Baths: 1 full
  • Laundry: Building Other
  • Complex: Chesapeake House
  • Year Built: 1966
  • Common Charge: $1,627 Monthly
  • View: City
  • Pet Policy: Building Yes,Yes
  • MLS#: RLS20095377
  • Days on Market: 29 days
  • Website: https://www.raveis.com
    /prop/RLS20095377/201e28thstreet_newyork_ny?source=qrflyer
Copyright © 2026  The Real Estate Board of New York, Inc., All rights reserved
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.
Listing courtesy of Douglas Elliman Real Estate   Phone: (212) 891-7000

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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New York (Kips Bay), NY, 10016

$650,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $520,000 $520,000 $520,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.490% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.424% 6.640% 5.972%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,160 $3,283 $4,318
Total Monthly Payment $3,252 $3,375 $4,410

* 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.