151 East 29th Street
151 East 29th Street, Kips Bay, Manhattan, NY 10016
Description
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...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.
Amenities
151 East 29th Street
- Private Terrace
- Exposed Brick
- Built-Ins
- Hardwood Floors
- Washer / Dryer
- Washer / Dryer in Unit
- Washer / Dryer Hookup
- Central AC
- Air Conditioning
- Eat-in Kitchen
- Marble Bathroom
- Northern Exposure
- Southern Exposure
- Skylight
- Voice Intercom
- Video Intercom
- Soaking Tub
- Marble Floors
- Lowrise
- Brownstone
Location
$23,084 per month
$20,020
$3,064
Property information
151 East 29th Street
Property Details
- Taxes: $3,064 / month
- Total Rooms: 11.0
- MLS Type: Two Family Townhouse
- County: New York County
- Buyer's Agent Compensation: 2.5%
Building Information
- Stories: 4
- Residences: 1
- Year Built: 1901
- Building Size: 12.5' x 50'
- Building Sq. Ft: 2,500 SF
- Lot Size: 1,234 SF / 13' x 99'
- Building Age: Pre-war
- Building Type: Townhouse
Property History
151 East 29th Street
| Date | Event | Price |
|---|---|---|
| 03/19/2026 | Listed (Active) Manual | $3,750,000 |
| 02/05/2026 | Permanently Off Market Manual | — |
| 02/05/2026 | Temporarily Off Market Manual | — |
| 12/16/2025 | Listed (Active) Manual | $3,750,000 |
| 04/30/2022 | $2,800,000 | |
| 03/18/2022 | $2,800,000 | |
| 01/14/2022 | — | |
| 07/17/2020 | $3,950,000 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public records
151 East 29th Street
Total Finished SqFt
2,544 SqFtLot Size
1,234 SqFtYear Built
1901Zoning
R8BAPN
1008850040Schools
Near 151 East 29th Street
This home is within New York City Geographic District # 2.
- Rated 5 out of 105/10P.S. 116 Mary Lindley MurrayPublic · PK-6 · 0.2 mi · Serves this home
- Rated 9 out of 109/10Nyc Lab Ms For Collaborative StudiesPublic · 6-8 · 1.2 mi · Serves this home
- Rated 7 out of 107/10Lower Manhattan Community Middle SchoolPublic · 6-8 · 3.1 mi · Serves this home
- Rated 8 out of 108/10Jhs 104 Simon BaruchPublic · 6-8 · 0.5 mi · Serves this home
- Rated 7 out of 107/10The Clinton SchoolPublic · 6-12 · 0.8 mi · Serves this home
- Rated 9 out of 109/10NYC Lab High School For Collaborative StudiesPublic · 9-12 · 1.2 mi · Serves this home
- Not ratedNRThe Churchill School and CenterPrivate · 2-12 · 0.2 mi · Nearby school
- Not ratedNRAaron School K - 12Private · K-12 · 0.2 mi · Choice school
- Not ratedNRAaron AcademyPrivate · 7-10 · 0.2 mi · Nearby school
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Neighborhood Map and Transit
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This 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. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2026, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY 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 information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2026 The Real Estate Board of New York, Inc., All rights reserved.