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201 E 28th Street #16AB, New York, NY, 10027

4beds
3baths
2,412sqft
$1,799,000
$746price/sqft
$11,356/moest. monthly cost
$454,240/yrincome needed

About This Home

Shown by appointment only. Perched on the 16th floor of Chesapeake House, this expansive four-bedroom, three-bath residence offers a rare combination of scale, light, and flexibility in the heart of Kips Bay — move in as is or reimagine it with the included alternate floor plan. A private foyer and gallery hall link oversized living and dining rooms to the bedroom wing. Newly refinished wide-plank oak floors underfoot, angled ceiling details overhead, and a striking run of windows on two exposures frame open, sun-filled skyline views to the north and west. The windowed galley kitchen features cherry wood cabinetry, granite counters, a gas cooktop, double wall oven, and stainless appliances, with a butler's pantry for extra prep and storage. A gallery-like office/library with built-in shelving adds a flexible bonus room providing a configuration rarely found in Manhattan. Four generously sized bedrooms include a corner primary suite with two exposures, a walk-in closet, and an en-suite bath; second bedroom with its own en-suite bath; and two additional bedrooms sharing a third full bath, each with ample closet space. Each of the three bathrooms offers a distinct finish — travertine, hexagon tile, and wood-look tile. Built in 1964, Chesapeake House is a full-service, pet-friendly co-op with 24-hour concierge, a common roof deck, and bike room, moments from Kips Bay's restaurants, transit, and NYU Langone. A rare opportunity to secure an oversized, flexible layout in one of the neighborhood's most established buildings. Alternate Floor Plan: For buyers looking to enhance flow and functionality, an alternate floor plan shows the unit's potential: an expanded foyer with added closets, a reconfigured, enlarged kitchen with a dedicated breakfast room, and an enlarged fourth bedroom with its own closet — all while preserving the home's abundant storage. Some images have been virtually staged. Renderings/floor plans are conceptual and intended to illustrate potential layout options; any renovation would be subject to buyer's own design, contractor, and co-op board approval.

Getting Around

84
WalkingVery Walkable
100
TransitRider's Paradise
71
BikeVery Bikeable

Schools

Construction

Condition

  • Year built: 1964

Materials

  • Foundation: Other
  • Construction materials: Other

Type & Style

  • Home type: Cooperative
  • Property subType: Stock Cooperative,Residential

Interior

Appliances

  • Appliances included: Dishwasher,Range,Refrigerator

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Built-in Features,Entrance Foyer,Pantry,Primary Bathroom
  • Flooring: Carpet,Ceramic Tile,Hardwood

Heating & Cooling

  • Heating features: Steam
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,412
  • Total interior livable area: 2,412 sqft

Property

Details

  • Special condition: None

Parking

  • Parking features: Private
  • Has garage: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Cold Wave
Earthquake
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters in Kings County and New York

Flood
Severe Storm
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $9,096$109,152
Home Insurance *$1,023$12,276
Property Taxes $839$10,068
Electricity $398$4,783
Total$11,356$136,272
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$389,348/yr
40% on housing$340,680/yr
45% on housing$302,826/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.2%
4.2%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$746This listing

vs Other Active Listings

Avg $/sqft

ZIP 10027$603
Kings County$697

vs Homes Sold Last Month

Median $/sqft

ZIP 10027$620
Kings County$623

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-24Listed for sale$1,799,000

For Sale by Agent

AgentGary Martin
BrokerageCompass Greater NY, LLC

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