131 E 29th Street, Manhattan, NY 10016
Local realty services provided by:CENTURY 21 Awaye Realty
131 E 29th Street,Manhattan, NY 10016
$4,050,000
- 10 Beds
- 4 Baths
- 5,906 sq. ft.
- Multi-family
- Pending
Listed by: sophia guinchard
Office: serhant
MLS#:RLS20007871
Source:NY_REBNY
Price summary
- Price:$4,050,000
- Price per sq. ft.:$685.74
About this home
<p>Discover an exceptional investment opportunity at 131 East 29th Street, a pristine 5,200-square-foot, 4-unit apartment building in the heart of Manhattan's Kips Bay neighborhood. This well-maintained 20-foot-wide property sits on a generous 98.75-foot lot between Lexington and Third Avenues. Having been under the same ownership for over 40 years, this building presents an outstanding opportunity for investors seeking a turnkey asset with significant upside potential. The property will be delivered vacant and benefits from protected tax class 2A status, ensuring predictable expenses with annual tax increases capped at 8 percent year-over-year or 30 percent over five years.</p> <p>Features: </p> <p>5,906 Square Feet</p> <p>4-Unit Apartment Building</p> <p>20-foot-wide Frontage</p> <p>98.75-foot Lot</p> <p>Lot Size 1,975</p> <p>Zoning district R8B, C6-2A</p> <p>Private Backyard On The Garden Level</p> <p>High Ceilings Throughout The Building</p> <p>Situated in the heart of Kips Bay, this property offers residents easy access to numerous amenities including Madison Square Park, Trader Joe's, Whole Foods, Murray Hill Market, and diverse dining and entertainment options. Excellent transportation access with the 6 train at 28th Street, B/D/F/M at Herald Square, and R/W trains at 28th Street and Broadway. The property's prime location, protected tax status, and flexible layout make it an exceptional investment opportunity in one of Manhattan's most desirable neighborhoods.</p>...
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Home facts
- Year built:1915
- Subdivision & Development:Kips Bay
- Listing ID #:RLS20007871
- Added:589 day(s) ago
- Updated:October 20, 2026 at 09:46 AM
Rooms and interior
- Bedrooms:10
- Total bathrooms:4
- Full bathrooms:4
- Rooms Total:15
- Basement:Yes
- Living area:5,906 sq. ft.
Structure and exterior
- Year built:1915
- Building area:5,906 sq. ft.
- Levels:1 Story
Finances and disclosures
- Price:$4,050,000
- Price per sq. ft.:$685.74
- Tax amount:$71,424
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