EXCLUSIVE INVESTMENT OPPORTUNITY

131 EAST 29TH STREET, NEW YORK, NY 10016
4 UNIT BUILDING | 5,906 SF

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% year-over-year or 30% over five years.

ASKING: $4,450,000

VIEW LISTING

KIPS BAY

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.

POLS
Blue Mounta
Hummus Kitc
Little Ruby's
Banter NYC
Chez Francis
Anjappar Indi
Borgo
Turkish Kitch
Coppola's Ea
Vatan
Leonetta
Flame Hibac
Audace
Sarabeth's Pi
Hillstone
Bareburger
Norma
Selina's kitch
Sam Sunny
Upland
Wolfe Tone's
Nobi Sushi
Scarpetta
Blackbarn
Sahara's Turk
Bella Union
Sally's Bar
LB33
Lucky Lyndon
Cask Bar & Ki
Banc Cafe
Tara Rose
The Factory
The Gem Salt
Ernie O'Malley
Turnmill Bar
Penthouse or
KLOUD
Tipsy Nomad
Fáilte
John Devoy's
787 Coffee
Moka & Coffee
Sahola Coffee
Le Cafe Coffee
Dan Dan Studio
Sorella Coffee
Bagels & Sch
Felix Roasting
Ariston Cafe
Hill Mary Coffee
Matto Espresso
ARVACI Coffee
Birch Coffee
Bourke Street
Kalustyan's
Trader Joe's
Whole Foods
Walgreens
111 Lex Liquors
Midtown New
28 St
Nuthouse Hardware
33 St
Tone House
Equinox Park
The Strength Lab
Madison Square
Vincent F. Alvarez

THE TEAM

EXCLUSIVE MARKETING AND SALES BY

SERHANT. LLC is the first real estate company launched and designed for the marketplace of tomorrow. We grew from the #1 ranked sales team in New York City into a full-service firm that is revolutionizing the traditional real estate model.

At SERHANT., we do things differently. Our in-house production and branding teams — SERHANT. Studios and ID Lab — develop disruptive content that engages the market by exploring new creative frontiers and redefining pathways to connect. Our tech-powered innovation platform, SERHANT. ADX, gives our listings unparalleled exposure by reaching more buyers than anyone else. Our agents are driven to succeed, understanding of client needs, and trained to balance established sales strategies and techniques with innovative thinking. We understand that it’s more important than ever to help our clients and partners adapt to behavioral and market changes being driven by generational shifts and technological advances in society, and by combining traditional brokerage services with innovative production and marketing capabilities, we know how to do that better than anyone else.

SOPHIA GUINCHARD
Licensed Associate RE Broker
832.291.7342
sophia@serhant.com