$1,500,000 Sold Jun 2026
$994,000 Assessed value
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| Building size | 1,392 sq ft |
|---|---|
| Building dimensions | 20 × 30 ft |
| Stories | 2 |
| Basement / garden level | Yes — below ground |
| Sq ft per floor | 464 sq ft (incl. the garden level) |
| Year built | 1925 |
| Lot dimensions | 30 × 105 ft |
|---|---|
| Lot area | 3,150 sq ft |
| Units | 1 |
|---|---|
| Zoning | R3-2 |
| Building class | A1 |
| Block / lot | Block 6812 / Lot 78 |
| Built FAR | 0.44 |
|---|---|
| Max residential FAR | 0.75 |
| Max facility FAR | 1.00 |
| Last recorded sale | $1,500,000 (Jun 2026) |
|---|---|
| Assessed value | $994,000 |
| Tax class | 1 |
| Annual property tax | $9,385 |
| Rent regulated | Unlikely |
Terms on this page, explained →
1721 East 29 Street was built in 1925 — roughly 101 years old. For property-tax purposes it falls under Class 1 (one- to three-family homes), the class with the highest nominal rate (19.8433%) but assessments capped at 6% of market value with strict yearly growth limits. At the current assessment that works out to about $9,385 per year ($782/month) before any abatements or exemptions the owner may receive. City records show it last changed hands for $1,500,000 in Jun 2026.
The building uses about 59% of the residential density its zoning allows (0.44 built FAR vs. a residential maximum of 0.75) — roughly 977 sq ft of unused development rights, which can matter for renovations, expansions, or air-rights value. Those figures are for residential use — a community-facility use (a doctor’s office, clinic, or school) raises the ceiling to 1.00 FAR.
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Data: NYC Department of Finance and Dept. of City Planning (PLUTO) via NYC Open Data. Figures are public records, may lag current bills, and can exclude abatements. Not financial advice.