133 E 27th St Front 1, New York, NY, 10016
About This Home
131–135 East 27th Street is a four-story, corner mixed-use building prominently located at the highly visible intersection of East 27th Street and Lexington Avenue, in the heart of Kips Bay. The property features renovated residential units, multiple retail storefronts with strong street presence, and substantial unused development rights—offering a rare combination of stable in-place income and meaningful long-term value-add or development upside. Property Overview Building Size: ±5,358 SF Stories: 4 Year Built: 1910 Construction: Masonry Building Class: S9 – Mixed-Use Corner Lot: Yes (Northeast corner) Tax Class: 2B Annual Taxes: Approx. $143,885 Residential Component Units: 6 one- and two-bedroom apartments Average Unit Size: ±576 SF Condition: Many units gut renovated Select Finishes Include: Stone bathrooms and countertops Stainless steel appliances Dishwashers Secure key-fob building entry Pet-friendly accommodations Commercial Component Retail Units: 4 Retail Area: ±1,400 SF Additional Space: ±500 SF garage/storage Exposure: Strong Lexington Avenue frontage with consistent foot and vehicular traffic, providing excellent visibility and branding opportunities Zoning & Development Upside Zoning: C6-2A / R8A Equivalent Current FAR: 3.15 Maximum Buildable Area: ±10,234 SF Unused FAR / Air Rights: ±4,879 SF The unused development rights provide significant potential for vertical expansion or reconfiguration, subject to approvals—making this an attractive opportunity for investors, developers, or long-term holders. For additional information, financials, or to schedule a private tour, please contact: Ariel Ben Ezra Wingate Advisors Inc.
Getting Around
Walker's Paradise
Rider's Paradise
Biker's ParadiseSchools
Construction
Condition
- Year built: 1910
Type & Style
- Home type: SingleFamily
- Property subType: Building
Interior
Appliances
- Appliances included: Dishwasher
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 6
Features
- Flooring: Hardwood
Interior Area
- Total structure area: 5,358
- Total interior livable area: 5,358 sqft
Property
Details
- Special condition: Resale
Features
- Has view: Yes
- View description: City,Garden
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Inland Flooding
- Cold Wave
- Earthquake
- Hurricane
- Strong Wind
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in New York County and New York
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $40,199 | $482,388 |
| Home Insurance * | $9,334 | $112,008 |
| Property Taxes | $4,703 | $56,436 |
| Electricity | $885 | $10,625 |
| Total | $55,121 | $661,452 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-01 | Price change | $8,950,000 |
| 2026-02-04 | Listed for sale | $9,500,000 |
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