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  • $3,750,000

    151 E 29th St, New York, NY 10016

    5beds
    2,622sqft
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    Multi Family
    Built in 1901
    -- sqft lot
    $3,712,400 Zestimate®
    $1,430/sqft
    $-- HOA

    What's special

    Exposed brickRecessed lightingHigh ceilingsExtensive closet spaceTwo built-in workstationsQuiet blockSpacious triplex
    TWO-FAMILY TOWNHOUSE OFFERING EXPANSION POTENTIAL AND PRIVATE OUTDOOR SPACES Situated on a quiet block between Third and Lexington Avenues, 151 East 29th Street is a beautiful two-family townhouse offering immediate usability and meaningful upside. With approximately 2500 square feet of unutilized air rights (to be independently confirmed), the property provides an opportunity for future growth while already generating strong rental income. The home is configured as a legal two-family residence J-3 consisting of a newly created & remodeled duplex in Unit 1 producing $6,800/month. A spacious triplex, unrenovated, in Unit 2 currently listed at $10,000/month. Each apartment enjoys its own private outdoor area. New mechanical system as of 2024, including sealed lower level with new electric and gas connection to the home. Details to be provided if interested. The mechanicals room & storage has a separate entrance. There is an app controlled video doorbell for each unit. Whether purchased as an income-supported primary residence or as a long-term asset, both with significant expansion potential internally & externally, this townhouse offers versatility in a central Manhattan location. UNIT 1: MODERN DUPLEX WITH GARDEN RETREAT Unit 1 is a beautifully conceived two-bathroom, one-bedroom duplex offering approximately 1041 interior square feet and a peaceful 480-square-foot private garden. High ceilings, a striking glass partition wall, and access to outdoor space from both levels create a bright and airy feel. It is totally new innards and materials & appliances as of 2024, The upper level bedroom accommodates a king bed or bunk beds and includes an en-suite Carrara marble bathroom with a soaking tub. The kitchen, finished with premium appliances and Carrara counters, opens directly onto the garden for effortless indoor–outdoor living. The lower level features a flexible suite with generous closets, two built-in workstations, and a Carrara marble bathroom with a walk-in shower. This floor also includes a full-size WASHER/DRYER in its own laundry room and maintains a comfortable 7'3" ceiling height. The glass door can remain open for light and flow or be fitted with a privacy curtain. Thoughtfully designed with functionality in mind, Unit 1 offers both convenience and serenity. UNIT 2: SPACIOUS TRIPLEX WITH PRIVATE TERRACE Unit 2 extends across three full floors, beginning with a nearly 50-foot-long open living and dining level that leads to a private terrace off the large eat-in kitchen, offering approximately 1581 interior square feet . The scale and flow of this level allow for multiple living arrangements and abundant natural light. The two upper floors each offer two spacious bedrooms and one full bathroom, providing excellent separation and flexibility. An oval SKYLIGHT brightens the top floor and staircase, enhancing the sense of openness throughout the home. Exposed brick, recessed lighting, and high ceilings contribute to the home's character, while extensive closet space and an in-unit WASHER/DRYER support everyday comfort. With outdoor space and generous proportions, Unit 2 is an exceptional triplex residence offering room to grow and live comfortably in the heart of Manhattan.
    120 days
    |
    795
    |
    22
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Compass 917-418-5864,

    Diane Cane

    Source: StreetEasy,MLS#: S1817004

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      • Full bathrooms: 4
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Washer/Dryer
      Features
      • Flooring: Hardwood
      • Has fireplace: No
      Interior area
      • Total structure area: 2,622
      • Total interior livable area: 2,622 sqft

      Property

      Features
      • Patio & porch: Other, Terrace
      • Exterior features: Garden, Terrace
      • Has view: Yes
      • View description: City, Garden
      Details
      • Parcel number: 008850040
      • Special conditions: Resale

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Roof: Roof Rights
      Condition
      • Year built: 1901

      Community & HOA

      Community
      • Subdivision: Kips Bay
      Location
      • Region: New York

      Financial & listing details

      • Price per square foot: $1,430/sqft
      • Tax assessed value: $3,360,000
      • Annual tax amount: $36,768
      • Date on market: 3/20/2026

        Estimated market value

        $3,712,400

        $3.53M - $3.90M

        $7,008/mo

        Price history

        DateEventPrice
        3/20/2026Listed for sale$3,750,000$1,430/sqft
        Source: StreetEasy #S1817004 Report a problem
        2/6/2026Listing removed$3,750,000$1,430/sqft
        Source: StreetEasy #S1803665 Report a problem
        12/17/2025Listed for sale$3,750,000+33.9%$1,430/sqft
        Source: StreetEasy #S1803665 Report a problem
        8/3/2022Listing removed--
        Source: Zillow Rental Network_1 Report a problem
        7/29/2022Listed for rent$9,500-26.9%$4/sqft
        Source: Zillow Rental Network_1 Report a problem
        3/30/2022Sold$2,800,000-20%$1,068/sqft
        Source: Public Record Report a problem
        2/8/2022Pending sale$3,500,000$1,335/sqft
        Source: StreetEasy Report a problem
        3/12/2021Price change$3,500,000-11.4%$1,335/sqft
        Source: StreetEasy Report a problem
        7/17/2020Listed for sale$3,950,000$1,506/sqft
        Source: Leslie J. Garfield Report a problem
        5/8/2020Listing removed$13,000$5/sqft
        Source: Owner Report a problem
        5/4/2020Price change$13,000+36.8%$5/sqft
        Source: Owner Report a problem
        4/23/2020Listed for rent$9,500-29.6%$4/sqft
        Source: Owner Report a problem
        12/12/2018Listing removed$13,500$5/sqft
        Source: Leslie J. Garfield Report a problem
        11/16/2018Listed for rent$13,500$5/sqft
        Source: Leslie J. Garfield Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$29,649 +6%$201,600 +7%
        2024$27,971 +4.8%$188,460 -6.6%
        2023$26,682 $201,780 -5.7%
        2022-- $214,020 -6.9%
        2021-- $229,980 -6.8%
        2020-- $246,840 +1.3%
        2019$24,565 +7.3%$243,720 +122.6%
        2018$22,903 +2.6%$109,485
        2017$22,319 +2.7%$109,485 +0.8%
        2016$21,723 $108,662 +6%
        2015$21,723 +74.4%$102,513 +6%
        2014$12,457 $96,711 +6%
        2013-- $91,238
        2012-- $91,238 +0.8%
        2011-- $90,552 +6%
        2010-- $85,428 +6%
        2009-- $80,593 +6%
        2008-- $76,032
        2007-- $76,032 +0.8%
        2006-- $75,460 +6%
        2005-- $71,190 +6%
        2004-- $67,161 +6%
        2003-- $63,360
        2002-- $63,360 +0.8%
        2001-- $62,884 +6%
        2000-- $59,325
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Kips Bay

        Getting around

        100 / 100
        Walker's Paradise
        100 / 100
        Rider's Paradise
        90 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating

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