Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $359,000

· Closed December 1, 2014

229 E 29th Street #5-G
Closed For Sale Condop

$359,000

$845 per sq ft

229 E 29th Street #5-G

Kips Bay, Manhattan

MLS® #RLS10092871

RLS at REBNY

Listing by R New York

Studio

1

Bath

425

Sq. Ft.

1940

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Living Area 425 sq ft
Year Built 1940
Ownership Condop
HOA/Common Charges $879/mo
Neighborhood Kips Bay
Floor 5 of 6

Property Highlights

  • Exposure: North,West facing
  • Style: Prewar architecture
  • Climate Control: Window Units

Property Details

Type Condop
Ownership Condop
Total Rooms 2
Baths 1 Full
Floor 5 of 6
Exposure North,West
Cooling Window Units
Pets Yes
Cross Street Third Avenue/Second Avenue
Year Built 1940
Living Area 425 sq ft
Architectural Style Prewar
Block/Lot 910/14

Listing History

Event Date Price Change
Listed Oct 16, 2014 $359,000 -
Currently May 6, 2026 $359,000 -

Description

BACK ON MARKET! Absolutely PERFECT sunny studio in excellent condition. This stunning corner studio features 2 exposures, bright open views, renovated kitchen and bath, hardwood floors, designer touches and so much more! UNLIMITED SUBLETTING FROM Day 1! NO BOARD APPROVAL(owner is holder of unsold shares). Pied a terres, parents buying for children and investors and pets allowed. This amazing investment will not last long! Cash buyers only please.

Features & Amenities

Interior Features

Common Area

Exterior Features

Building Garden

Building Information

Financial Details

Common Charges $879/mo
Sale Price $359,000

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

130

Median Asking Price

$850K

Median $/Sqft

$1,450

Avg Days on Market

N/A

New This Week

9

Price Reduced

30%

Sold (30 Days)

21

Median Sale Price

$800K

Live data from RLS at REBNY • Updated 5/6/26, 7:57 PM EST

Similar Listings in Kips Bay

View All

Location

Loading map...

229 E 29th Street #5-G, 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 $879 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 0 bedrooms and 1 full bathroom.

The listed interior living area is 425 square feet. Verify dimensions independently during due diligence.

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.

At the current list price of $359,000 for 425 sq ft, the asking price per square foot is approximately $845. This figure is for reference only and may differ from appraised or assessed values.

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: RLS10092871
First Listed: 10/16/2014
Closed: 12/1/2014
Contract Date: 10/16/2014

Listing Courtesy of R New York - Jennifer Lee

Listing Contact: (212) 941-2642

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 11:57 PM UTC

Buying in NYC? Start Here

Condop Explained: The NYC Hybrid

Condo tax benefits with co-op governance. Is it right for you?

Read article

Co-op vs. Condo: Which Is Right for You?

Ownership structure, board approval, financing: the full comparison.

Read article

Condo Due Diligence Checklist

What to review before signing: financials, reserve fund, offering plan.

Read article

NYC Real Estate Market Report 2026

Data-driven analysis of prices, inventory, and trends across NYC.

Read article

Interested in this property?

Your info is secure and never shared.

View Active Listings Call Milton