Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $395,000

Listed at $399,000 · Sold 1.0% below asking · Closed September 27, 2018

229 E 29th Street #4-H
Closed For Sale Condop

$399,000

229 E 29th Street #4-H

Kips Bay, Manhattan

MLS® #RLS10439010

RLS at REBNY

Listing by Berkson Group, The

Studio

1

Bath

N/A

Sq. Ft.

1940

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Year Built 1940
Ownership Condop
HOA/Common Charges $880/mo
Neighborhood Kips Bay
Floor 4 of 6

Property Highlights

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

Property Details

Type Condop
Ownership Condop
Total Rooms 2
Baths 1 Full
Floor 4 of 6
Exposure North
Pets Yes
Cross Street Third Avenue/Second Avenue
Year Built 1940
Architectural Style Prewar
Block/Lot 910/14

Listing History

Event Date Price Change
Listed Jun 15, 2018 $399,000 -
Currently May 6, 2026 $399,000 -

Description

A VERY RARE INVESTOR FRIENDLY CONDOP - COMPLETELY OPEN SUBLET POLICY LIKE A CONDO.

Located in wonderful Gramercy is this excellent studio home. The apartment features lots of superb details including: Entry foyer, wood flooring throughout, separate kitchen, superb closet/storage space, & excellent light & views. Plus there are laundry facilities on site.

229 East 29th Street is a charming six-story red brick elevator building nestled between 2nd & 3rd Avenues. With a myriad of restaurants and nightlife literally steps from the front door, all the entertainment you need is within walking distance. In addition with the 6 train three blocks away, as well as buses on 2nd, 3rd avenues, and crosstown on 34th Street, it is incredibly easy to make your way around Manhattan.

Overall this is a wonderful apartment for a purchaser or investor. Contact me today to set up a private viewing.

Features & Amenities

Interior Features

Entrance Foyer Common Area

Exterior Features

Building Garden

Building Information

Financial Details

Common Charges $880/mo
Sale Price $395,000

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

131

Median Asking Price

$850K

Median $/Sqft

$1,471

Avg Days on Market

N/A

New This Week

10

Price Reduced

30%

Sold (30 Days)

21

Median Sale Price

$800K

Live data from RLS at REBNY • Updated 5/6/26, 10:40 AM EST

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Location

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229 E 29th Street #4-H, Kips Bay, New York County • Near Third Avenue/Second Avenue

Floor Plans

Floor Plan 1

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 $880 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: RLS10439010
First Listed: 6/15/2018
Closed: 9/27/2018
Contract Date: 6/15/2018

Listing Courtesy of Berkson Group, The - Matthew Berkson

Listing Contact: (917) 673-8068

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 5/6/2026 at 2:40 PM UTC

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