Property photos
Just added
£3,294,344
US$4,450,000 (US$753/sq. ft)
10 bed detached house for sale
131 E 29th Street, New York City, Us10 beds
4 baths
10 receptions
5,906 sq. ft
Local area information
Property location
Nearby amenities
Features and description
Discover an exceptional investment opportunity at 131 East 29th Street, a pristine 5,200-square-foot, 4-unit apartment building in the heart of Manhattan's Kips Bay neighborhood. This well-maintained 20-foot-wide property sits on a generous 98.75-foot lot between Lexington and Third Avenues. Having been under the same ownership for over 40 years, this building presents an outstanding opportunity for investors seeking a turnkey asset with significant upside potential. The property will be delivered vacant and benefits from protected tax class 2A status, ensuring predictable expenses with annual tax increases capped at 8 percent year-over-year or 30 percent over five years.
Features:
5,906 Square Feet
4-Unit Apartment Building
20-foot-wide Frontage
98.75-foot Lot
Lot Size 1,975
Zoning district R8B, C6-2A
Private Backyard On The Garden Level
High Ceilings Throughout The Building
Situated in the heart of Kips Bay, this property offers residents easy access to numerous amenities including Madison Square Park, Trader Joe's, Whole Foods, Murray Hill Market, and diverse dining and entertainment options. Excellent transportation access with the 6 train at 28th Street, B/D/F/M at Herald Square, and R/W trains at 28th Street and Broadway. The property's prime location, protected tax status, and flexible layout make it an exceptional investment opportunity in one of Manhattan's most desirable neighborhoods.
Features:
5,906 Square Feet
4-Unit Apartment Building
20-foot-wide Frontage
98.75-foot Lot
Lot Size 1,975
Zoning district R8B, C6-2A
Private Backyard On The Garden Level
High Ceilings Throughout The Building
Situated in the heart of Kips Bay, this property offers residents easy access to numerous amenities including Madison Square Park, Trader Joe's, Whole Foods, Murray Hill Market, and diverse dining and entertainment options. Excellent transportation access with the 6 train at 28th Street, B/D/F/M at Herald Square, and R/W trains at 28th Street and Broadway. The property's prime location, protected tax status, and flexible layout make it an exceptional investment opportunity in one of Manhattan's most desirable neighborhoods.
Floor plans and tours
Floor plans
No floor plan available
Tours
No virtual tour available
More information
Listed by
Properstar
View agent properties.png){kind=logo}
Property descriptions and related information displayed on this page are marketing materials provided by - Properstar. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Properstar for full details and further information.