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>
Contact an agent
Home facts
- Year built:1915
- Listing ID #:RLS20007871
- Added:354 day(s) ago
- Updated:February 27, 2026 at 08:27 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
New listings near 131 E 29th Street
$34,500,000Pending16 beds 25 baths20,036 sq. ft.35 E 63rd Street, Manhattan, NY 10065
MLS# RLS20071718Listed by: LESLIE J GARFIELD & CO INC
$36,500,000Pending5 beds 6 baths5,251 sq. ft.1122 Madison Avenue #FLOOR16, Manhattan, NY 10028
MLS# RLS20071842Listed by: CORCORAN SUNSHINE MARKETING GROUP
$12,750,000Pending4 beds 5 baths3,178 sq. ft.1122 Madison Avenue #7NORTH, Manhattan, NY 10028
MLS# RLS20071848Listed by: CORCORAN SUNSHINE MARKETING GROUP- New
$690,000Active1 beds 1 baths750 sq. ft.353 E 72nd Street #28D, Manhattan, NY 10021
MLS# RLS20073983Listed by: DOUGLAS ELLIMAN REAL ESTATE - Open Sun, 2 to 3pmNew
$3,450,000Active3 beds 2 baths722 Broadway #5, Manhattan, NY 10003
MLS# RLS20073984Listed by: DOUGLAS ELLIMAN REAL ESTATE - New
$1,300,000Active1 beds 1 baths1,576 sq. ft.15 Broad Street #1200, New York (Manhattan), NY 10005
MLS# 965083Listed by: ISLAND ADVANTAGE REALTY LLC - New
$2,495,000Active3 beds 3 baths1,670 sq. ft.188 E 64th Street #1402/03, Manhattan, NY 10065
MLS# RLS20072947Listed by: PETER ASHE
$1,575,000Pending1 beds 1 baths647 sq. ft.220 E 9th Street #2B, Manhattan, NY 10003
MLS# RLS20073950Listed by: COMPASS
$3,050,000Pending2 beds 2 baths1,200 sq. ft.220 E 9th Street #2A, Manhattan, NY 10003
MLS# RLS20073951Listed by: COMPASS
$3,395,000Pending2 beds 3 baths1,665 sq. ft.220 E 9th Street #3D, Manhattan, NY 10003
MLS# RLS20073952Listed by: COMPASS