Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $365,000

· Closed November 4, 2024

229 E 29th Street #3-P
Closed For Sale Condop

$365,000

229 E 29th Street #3-P

Kips Bay, Manhattan

MLS® #RLS10968886

RLS at REBNY

Listing by R New York

Studio

1

Bath

N/A

Sq. Ft.

1940

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Year Built 1940
Ownership Condop
HOA/Common Charges $904.35/mo
Neighborhood Kips Bay
Floor 3 of 6

Property Highlights

  • Exposure: South facing
  • Style: Prewar architecture
  • Character: Pre-war building (1940)

Property Details

Type Condop
Ownership Condop
Total Rooms 1
Baths 1 Full
Floor 3 of 6
Exposure South
Cooling None
Pets Yes
Cross Street Third Avenue/Second Avenue
Year Built 1940
Architectural Style Prewar
Structure Type None
Block/Lot 910/14

Listing History

Event Date Price Change
Listed May 7, 2024 $380,000 -
Currently May 5, 2026 $365,000 -3.9%

Description

Calling all investors, buy and rent from day one. Co-op with condo rules. No board approval.

Welcome to this fantastic cozy studio in the vibrant Murray Hill neighborhood. The studio is bright, airy, sunny with southern exposure.

Great for parents of NYC college students who are looking for an investment opportunity,

Features & Amenities

Interior Features

Common Area

Exterior Features

Building Storage Building Garden

Building Information

Building Data View Compliance & Permits
Stories 6
Structure None
Style Prewar

Financial Details

Common Charges $904.35/mo
Original Price $380,000
Sale Price $365,000
Previous Price $380,000

Kips Bay is a relaxed and highly convenient residential neighborhood located on the East Side of Manhattan. Known for its mix of mid-century high-rises and historic brick townhouses, it offers a more approachable price point than its neighbors to the north and south. Residents enjoy proximity to the East River Esplanade, a variety of local dining options, and easy access to the city's major medical centers and Midtown business hubs.

Kips Bay Live Market Data

View Neighborhood

Active Listings

132

Median Asking Price

$847K

Median $/Sqft

$1,471

Avg Days on Market

N/A

New This Week

8

Price Reduced

31%

Sold (30 Days)

21

Median Sale Price

$800K

Live data from RLS at REBNY • Updated 5/5/26, 12:59 PM EST

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Location

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229 E 29th Street #3-P, Kips Bay, New York County • Near Third Avenue/Second Avenue

Building Information

Official NYC property records for this building

1940
Year Built
86 years old
6
Floors
113
Residential Units
R8B
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $8,426,700
Land Value: $981,000
Exemptions: $4,580

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 14,562 SF
Building Area: 55,737 SF
Built FAR: 3.83
Allowed FAR: 4

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $904.35 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 0 bedrooms and 1 full bathroom.

According to MLS records, the building was constructed in 1940, making it approximately 86 years old.

This listing is a condop, a hybrid structure where the building is legally a co-op but individual units are sold with greater flexibility, often including subletting rights similar to condos.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10968886
First Listed: 5/8/2024
On Market: 5/7/2024
Price Changed: 11/4/2024
Closed: 11/4/2024
Contract Date: 5/7/2024

Listing Courtesy of R New York - Kilby Browne

Listing Contact: (212) 688-1000

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/5/2026 at 4:59 PM UTC

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