131 E 29th StreetLoading

Townhouse For Sale Manhattan, Kips Bay

Web ID # RLS20007871

Listed: 03/09/2025

Days on Market: 74 days

$4,450,000Loading

5,906 ft2 Approx. $753 per ft2 10 Beds 4 Baths

Mortgage Est: $.../month

131 E 29th Street
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131 E 29th Street

Townhouse For Sale Manhattan, Kips Bay

Web ID # RLS20007871

Listed: 03/09/2025

Days on Market: 74 days

5,906 ft2 Approx. $753 per ft2 10 Beds 4 Baths

Mortgage Est: $.../month

  Listing Courtesy of Serhant

  Sophia Guinchard

Contact Agent

Gea Elika

 212-590-0540

Inquire about 131 E 29th Street


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Description

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. 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.

Highlights

  • Central Air

Building Information

  • Building Type: Townhouse
  • Year Built: 1915

Mortgage Calculator

$
$
%
%
$/month
$/month
/year
Advanced

Your mortgage payments over years will add up to .
Estimated monthly payment: $.

Recalculate with more details

Purchase Price

Property Type

Mansion Tax
Title Insurance
Attorney Fee
Move-In Deposit
Title Search
Survey Fees
Board Application Fees
Move-In Fee
Title Search
Recording Fees (Deed)
Lien Search
Credit Check

Mortgage Financing Costs

Mortgage Recording Tax
Title Insurance
Bank Attorney Fee
Loan Application Fee
Appraisal Fee
Mortgage Recording Fee
Aztech Recognition Agreement Fee
UCC-1 Filing Fee

New Construction Costs

NYC Transfer Tax
NY State Transfer Tax
Sponsor's Attorney Fee
Total
Total
Total
Email Me Closing Costs
Export PDF
Export CSV
  View closing costs
  View Post Closing Liquidity Calculator
$
$
Property Type
Amount Financed
$
$
$
$
$
$
$
Estimated Closing Costs
$
Post-closing liquidity without 401k
months
Post-closing liquidity with 401k
months
  View more details
$
months
%
%

$
$
%
%
$/month
$/month
/year

Your mortgage payments over years will add up to .

Your rent payments over years will add up to .


Closing Costs

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