5 Beds
4 Baths
2,622 sqft
$3,750,000
151 E 29th Street, New York City NY, 10016
Price per sqft$1,430.21
Built in1901
Property size2,622 sqft
Property typeTownhomes
Overview
Active
Listed Mar 19, 2026
Updated 13 days ago
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.
$24,949/mo
Est. mortgage payment based on a $3,750,000 home price.
All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.
Additional information
- MLS® ID
- RLS20078153
Interior Features
- Bedrooms
- 5
- Bathrooms
- 4
- Cooling
- Yes
- Basement
- No
Exterior Features
- Lot Size
- 0.03 Acres
Other Property Details
- Taxes
- $36,768
- Tax Frequency
- Annually
- HOA Frequency
- Monthly
Listing Courtesy of Compass - Diane Cane
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.This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
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
RLS Data display by eXp Realty. Data last updated on 9/24/2026 at 2:08 PM UTC