Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
151 E 29th Street
Interested in this property?

$3,750,000

$1,430 per sq ft

151 E 29th Street

Kips Bay, Manhattan

MLS® #RLS20078153

RLS at REBNY

Listing by Compass

5

Bedrooms

4

Baths

2,622

Sq. Ft.

1901

Year Built

Quick Summary

Bedrooms 5
Bathrooms 4
Living Area 2,622 sq ft
Year Built 1901
Ownership None
Property Taxes $36,768/yr
Neighborhood Kips Bay
Floor 1 of 4

Property Highlights

  • Exposure: North,South facing
  • Outdoor Space: Terrace
  • Climate Control: Central Air, Other

Property Details

Type Single Family Residence
Ownership None
Total Rooms 11
Baths 4 Full
Floor 1 of 4
Exposure North,South
Cooling Central Air, Other
Pets Yes
Year Built 1901
Living Area 2,622 sq ft
Structure Type Townhouse
Flooring Hardwood, Marble
Furnished Unfurnished
Parcel # 0885-0040
Block/Lot 00885/0040

Description

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.

Features & Amenities

Interior Features

Built In Features Eat In Kitchen Soaking Tub In Unit See Remarks Flooring: Hardwood, Marble Skylights

Exterior Features

Private Outdoor Space Over60 Sqft Terrace

Appliances

Dryer Washer

Building Information

Total Units 2
Stories 4
Structure Townhouse

Financial Details

RE Taxes $36,768/yr ($3,064/mo)

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 charming 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

99

Median Asking Price

$850K

Median $/Sqft

$1,755

Avg Days on Market

N/A

New This Week

5

Price Reduced

35%

Sold (30 Days)

9

Median Sale Price

$861K

Live data from RLS at REBNY • Updated 3/19/26, 2:57 PM EST

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Location

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151 E 29th Street, Kips Bay, New York County

Floor Plans

Floor Plan
MLS® ID: RLS20078153
First Listed: 3/19/2026
On Market: 3/19/2026
Price Changed: 3/19/2026
Contract Date: 3/19/2026

Listing Courtesy of Compass - Diane Cane

Listing Contact: (917) 418-5864

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.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 3/19/2026 at 6:57 PM UTC

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