120 E 29TH Street #1E
About This Property
PLEASE NOTE ALL OPEN HOUSE SHOWINGS ARE BY APPOINTMENT ONLY!
Truly a one of a kind huge 3/4 bedroom Duplex Condo with an amazing private patio and garden in wonderful condition located at the vibrant intersection of Nomad, Gramercy and Kips Bay. Built n 2005, Apartment 1/2E feels like brownstone living but with the comforts of service and security with a 16 hour a day doorman and a attentive superintendent. The lobby and hallways have recently been updated. The apartment is approximately 3300 square feet: a 2660 square foot duplex with a private 630 square foot south and west facing patio and garden. This unit also has 1300 square feet of deeded private storage in the cellar. This storage room is accessible via the elevator or the lobby level staircase. There is also a small second outdoor space in the front of the building allocated to unit 1/2E. The entire purchase totals approximately 4580 square feet making this a best buy in Manhattan. The apartment has all four exposures and is sunny and bright.
The outstanding features of this grand home include a massive living room/dining room space, high ceilings, beautiful wood floors throughout, through the wall PTAC air conditioning units, oversized windows, a Maytag washer dryer unit with storage to put shelving for convenience and easy use, generous closet space and excellent natural light. The first level of the duplex is on the lobby level of the building and offers a formal entry foyer which leads to the loft like enormous living room/dining combination and an open concept windowed gourmet kitchen. The kitchen appliances are stainless steel, the cabinetry is designed by poggenpohl, there are lovely granite countertops, a garbage disposal and there is direct access to the south facing patio and garden equipped with water and electricity. The outdoor space feels like a quiet country oasis without city noise and is perfect for entertaining, gardening and a place to relax in peace. Additionally on the main floor there is a windowed powder room, a bonus 4th bedroom/office space, an oversized north facing bedroom/library and under the stairway storage which can be used as a utility closet. A substantial straight staircase leads upstairs to the second level which has two bedrooms, two bathrooms, the washer dryer unit and access to the elevator on the second floor landing. The apartment is in excellent condition and is completely empty and user ready. Please call me to preview this incredible home. Pets allowed. Bike storage on premises. Roof deck.
Listed By
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Sep 9, 2024 | Price Decreased |
$1,999,000
↓ $176K
(8.1%)
|
|
Price Decreased | |||
Aug 16, 2024 | Price Decreased |
$2,175,000
↓ $50K
(2.3%)
|
|
Price Decreased | |||
Jun 24, 2024 | Price Decreased |
$2,225,000
↓ $174K
(7.3%)
|
|
Price Decreased | |||
May 20, 2024 | Price Decreased |
$2,399,000
↓ $200K
(7.7%)
|
|
Price Decreased | |||
Mar 12, 2024 | Price Decreased |
$2,599,000
↓ $400K
(13.3%)
|
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Price Decreased |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
03/11/2024
|
3 Bed
|
2 Bath
|
1602 ft²
|
$3,150,000
3 Bed
2 Bath
1602 ft²
|
$2,900,000
-7.94%
07/26/2024
|
-
|
Mara Blum
Sothebys International Realty
|
|
09/14/2023
|
2 Bed
|
2 Bath
|
1415 ft²
|
$1,995,000
2 Bed
2 Bath
1415 ft²
|
$1,915,000
-4.01%
01/19/2024
|
-
|
Mark Jovanovic
The Corcoran Group
|
|
10/03/2019
|
5 Bed
|
6 Bath
|
4300 ft²
|
$9,250,000
5 Bed
6 Bath
4300 ft²
|
$8,000,000
-13.51%
04/29/2020
|
-
|
Mara Blum
Sothebys International Realty
|
|
03/22/2019
|
1 Bed
|
1 Bath
|
1005 ft²
|
$1,450,000
1 Bed
1 Bath
1005 ft²
|
$1,450,000
05/06/2019
|
-
|
Christian Benites
Elliman
|
|
04/20/2017
|
2 Bed
|
2 Bath
|
1415 ft²
|
-
2 Bed
2 Bath
1415 ft²
|
-
-
|
-
|
Mara Flash Blum
Sotheby's International Realty, Inc.
|
|
12/15/2016
|
2 Bed
|
2 Bath
|
1454 ft²
|
-
2 Bed
2 Bath
1454 ft²
|
-
-
|
-
|
Gannon Wallach
Coldwell Banker Warburg
|
|
04/27/2016
|
2 Bed
|
2 Bath
|
1432 ft²
|
$2,530,000
2 Bed
2 Bath
1432 ft²
|
$2,530,000
12/12/2016
|
-
|
Ellen Martin
Corcoran Group
|
|
04/06/2016
|
3 Bed
|
2 Bath
|
1780 ft²
|
$2,900,000
3 Bed
2 Bath
1780 ft²
|
$2,900,000
02/05/2021
|
-
|
Mara Flash Blum
Sotheby's International Realty, Inc.
|
|
06/25/2015
|
1 Bed
|
1 Bath
|
1002 ft²
|
$1,650,000
1 Bed
1 Bath
1002 ft²
|
$1,500,000
-9.09%
04/21/2016
|
-
|
Arlene Groder
Compass
|
|
10/03/2014
|
2 Bed
|
2.5 Bath
|
1852 ft²
|
$2,950,000
2 Bed
2.5 Bath
1852 ft²
|
$2,460,000
-16.61%
07/15/2015
|
-
|
Julie Kang
Keller Williams NYC
|
|
10/16/2013
|
3 Bed
|
2 Bath
|
1780 ft²
|
$2,670,000
3 Bed
2 Bath
1780 ft²
|
$2,670,000
02/05/2021
|
-
|
Mara Flash Blum
Sotheby's International Realty, Inc.
|
|
09/21/2013
|
4 Bed
|
2 Bath
|
2422 ft²
|
$3,995,000
4 Bed
2 Bath
2422 ft²
|
-
-
|
-
|
Caryl A. Berenato
Elliman
|
|
09/11/2013
|
2 Bed
|
2.5 Bath
|
2461 ft²
|
$2,695,000
2 Bed
2.5 Bath
2461 ft²
|
-
-
|
-
|
Zhann Jochinke
Keller Williams NYC
|
|
09/24/2012
|
3 Bed
|
2 Bath
|
1432 ft²
|
$1,795,000
3 Bed
2 Bath
1432 ft²
|
-
-
|
-
|
Joshua B Rubin
Prudential Douglas Elliman Real Estate
|
Building Info
- 25 Units
- 2 Units for Sale
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