229 East 29TH Street #5O, New York City, NY 10016
Listing Courtesy of Brown Harris Stevens Brooklyn LLC
$495,000
Potential Rebate: $7,425
Overview
First Showing Sunday: Open House 1-3pm<br> <br> Oh the Possibilities!<br> <br> Sunny and bright, this two-bedroom unit has smart lay-out optimizing the space, light and flow. Hardwood floors, spacious closets and vintage bathroom tiles. Low monthly maintenance and well managed property. Quiet upper floor in elevator building provides for tranquil enjoyment and blue-sky views. Easily adjusts to alternate floorplan for an over-sized one bedroom if so desired. Building offers a live in super and full laundry. Investor friendly, rentals allowed from day one (minimum one year lease). Ideal pied a terre, investor or parent purchase.<br> <br> Kip's Bay is centrally located with exciting dining and shopping in immediate vicinity and quick access to multiple modes of transportation. Dogs and Cats are allowed.
Estimated Monthly Payment
$4,141 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$7,425
Monthly savings impact
$21/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
Similar Homes
150 East 37th Street #10F, New York City, NY 10016
Listing Courtesy of Compass
242 East 38TH Street #2A, New York City, NY 10016
Listing Courtesy of Kleier Residential Inc
200 East 27th Street #11H, New York City, NY 10016
Listing Courtesy of Compass
Why Buy With Us
Rebates Up To
2.5%
25+ Years
Experience
REBNY & NAR
Member
Verified
Listings
RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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 and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Brown Harris Stevens Brooklyn LLC
Data Source: TRESTLE #RLS20058864
Price Analysis
Compare average listing prices and value metrics for 229 East 29TH Street against the surrounding Kips Bay market.
Average List Price
Price Per SqFt
95.07% Lower
than the Kips Bay price-per-sq-ft average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
Kips Bay
Medical Mile & Value
\nKips Bay is a practical, residential neighborhood dominated by medical institutions (NYU Langone).
\nReal Estate & Housing Market
\nPost-war high-rises and condos. Often offers better value/space than Murray Hill or Gramercy.
\nLifestyle & Community
\nDoctors, nurses, and recent grads. It is functional and convenient. Fairway Market is a hub.
\nTransportation & Accessibility
\n6 train at 28th/33rd. 2nd Ave subway is not here yet. Ferry at 34th St.
\nParks, Schools & Amenities
\nEast River Esplanade. AMC Kips Bay theater.
\nWho This Neighborhood Is Best For
\nBest for medical professionals and renters looking for value.
