David Francis New York
    • Currency
    • Login
    • Register
  • Sales
  • Rentals
  • Exclusives
  • Open Houses
  • Our Team
    • Company Information
    • Agent Information
  • Resources
    • About Renting
    • About Buying
    • About Selling
    • Neighborhoods
  • Contact
  • Testimonials
    • Currency
    • Login
    • Register
  • 151 East 29th Street
  • $ 3,750,000
151 East 29th Street Kips Bay New York NY 10016
151 East 29th Street Kips Bay New York NY 10016
151 East 29th Street Kips Bay New York NY 10016
151 East 29th Street Kips Bay New York NY 10016
151 East 29th Street Kips Bay New York NY 10016
151 East 29th Street Kips Bay New York NY 10016
151 East 29th Street Kips Bay New York NY 10016
151 East 29th Street Kips Bay New York NY 10016
151 East 29th Street Kips Bay New York NY 10016
151 East 29th Street Kips Bay New York NY 10016
151 East 29th Street Kips Bay New York NY 10016
151 East 29th Street Kips Bay New York NY 10016
151 East 29th Street Kips Bay New York NY 10016
151 East 29th Street Kips Bay New York NY 10016
151 East 29th Street Kips Bay New York NY 10016
151 East 29th Street Kips Bay New York NY 10016
151 East 29th Street Kips Bay New York NY 10016
151 East 29th Street Kips Bay New York NY 10016
151 East 29th Street Kips Bay New York NY 10016

151 East 29th Street

Kips Bay   |   Lexington Avenue & Third Avenue

New Today
Building For Sale
$ 3,750,000
Ownership Multi-Family
Lot Size 13'x98'
Floors/Apts 5/2
Status Active
Real Estate Taxes [Per Annum] $ 36,768
Building Type Townhouse
Building Size 12'5"x50'
Year Built 1865
ASF/ASM 2,622/244
Listing ID: 79103TH

Photos

151 East 29th Street Kips Bay New York NY 10016
151 East 29th Street Kips Bay New York NY 10016
151 East 29th Street Kips Bay New York NY 10016
151 East 29th Street Kips Bay New York NY 10016
151 East 29th Street Kips Bay New York NY 10016
151 East 29th Street Kips Bay New York NY 10016
151 East 29th Street Kips Bay New York NY 10016
151 East 29th Street Kips Bay New York NY 10016
151 East 29th Street Kips Bay New York NY 10016
151 East 29th Street Kips Bay New York NY 10016
151 East 29th Street Kips Bay New York NY 10016
151 East 29th Street Kips Bay New York NY 10016
151 East 29th Street Kips Bay New York NY 10016
151 East 29th Street Kips Bay New York NY 10016
151 East 29th Street Kips Bay New York NY 10016
151 East 29th Street Kips Bay New York NY 10016

David Calderazzo

License

Broker/Owner


W: 212-828-0492

Floor Plan

151 East 29th Street Kips Bay New York NY 10016

David Calderazzo

License

Broker/Owner


W: 212-828-0492
151 East 29th Street Kips Bay New York NY 10016

Property 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.
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.

Listing Courtesy of Compass

David Calderazzo

License

Broker/Owner


W: 212-828-0492

Care to take a look at this property?

Apartment Features

A/C [Central]
Washer / Dryer

Outdoor

Terrace

View / Exposure

North, South Exposures
151 East 29th Street Kips Bay New York NY 10016
151 East 29th Street Kips Bay New York NY 10016

Building Details [151 East 29th Street]

Ownership Multi-Family
Service Level None
Access Walk-up
Block/Lot 885/40
Building Size 12'5"x50'
Zoning R8B
Building Type Townhouse
Year Built 1865
Floors/Apts 5/2
Lot Size 13'x98'

Building Amenities

Garden
Laundry Rooms

Mortgage Calculator in [US Dollars]

$
%
$
%

Loan Amount

David Calderazzo

License

Broker/Owner


W: 212-828-0492
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 REBNY Listing Service, Inc. All rights reserved. Additional building data provided by On-Line Residential [OLR].
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
Home | Sales | Rentals | Exclusives | Open Houses | Our Team | Resources | Contact Us | Testimonials
Terms of use | © 2026 DAVID FRANCIS NEW YORK, ALL RIGHTS RESERVED
While we endeavor to verify the truth and accuracy of the information contained herein, we make no representation or warranty with respect to such information. Accordingly, all information published herein is subject to error, omission, change or withdrawal without notice. Please confirm all information with the contact prior to viewing the apartment.
T01.50.0.0 | Core: 50.0.0
Built With OLR Built With OLR Fair Housing  |  Broker's Procedures Built With OLR
245 East 87th Street New York, NY 10128
T:   212-828-0492   |   Email:   david@dfnyre.com
T01.50.0.0 | Core: 50.0.0