501 WEST 29 STREET — Rent Intelligence for Chelsea, NYC

Chelsea · Manhattan, NY, 10001

Built 19005 floors14 unitsBBL 1007010035

Current rent range

$1,200 – $50,000 / mo

7 bedroom bands tracked · sampled from recent listings · rent stabilized

Leave a review

★★★★★3.01 reviews

Verified reviewsPBOwned byPRESTIGE BSM REALTY LLC2 bldgs

501 WEST 29 STREET

Manhattan, NY, 10001

501 WEST 29 STREET is a prewar 1900 building, 5 floors, 14 units in Chelsea, NYC. Owned by PRESTIGE BSM REALTY LLC. Public records show 9 open violations on file. Rent stabilization on file covers 11 units (registered 2024). Lucid Rents has 1 verified tenant review on this building.

HPD violations9last 7 years · class A, B, C

Evictions filed0last 7 years

Tenant reviews13.0 ★ avg

Rent-stab units14DHCR records

Building age126 ybuilt 1900

311 complaints0last 7 years

01 / 10

Rental intelligence.

Neighborhood Median Rent

Manhattan · March 2026

Studio

$3,995/mo

1292 listings

1 BR

$5,054/mo

2692 listings

2 BR

$6,497/mo

1886 listings

3 BR

$7,650/mo

830 listings

4 BR

$9,000/mo

239 listings

5 BR

$17,495/mo

39 listings

6 BR

$29,999/mo

11 listings

This building is rent stabilized — actual rents typically trade below neighborhood medians.

Seasonal Pattern

Best & worst months to sign a lease

Cheapest

January

Most expensive

August

JFMAMJJASOND

Potential savings: ~15% by timing your move to January.

Rent vs. area median Manhattan

Studio

This building: $1,700 – $50,000

26% belowArea: $5,374

1 BR

This building: $1,400 – $45,000

24% belowArea: $6,638

2 BR

This building: $2,200 – $49,500

31% belowArea: $9,384

3 BR

This building: $1,250 – $50,000

—Area: —

4 BR

This building: $1,200 – $50,000

—Area: —

Units Historic Rent 0 listings

—No dataNo recent listings

Neighborhood Rent Range Manhattan

Studio1292 listings

$5,374

$5,374

1 Bed2692 listings

$5,054

$6,473 – $6,804

2 Bed1886 listings

$9,384

$9,384

3 Bed830 listings

$7,650

$1,250 – $50,000

4 Bed239 listings

$9,000

$1,200 – $50,000

5 Bed39 listings

$17,495

$1,230 – $50,000

6+ Bed11 listings

$29,999

$7,995 – $45,000

Range (P25 – P75)MedianBased on recent listings in Manhattan

01 / 09

Rental intelligence.

01b / 09

Rent trends.

Chelsea

Quarterly market rent, 2014–2026 (latest = Q1 2026 forecast)

Asking rent

$5,579

current quarter

Effective rent

—

per bedroom only

YoY change

3.6%

asking, vs 1 yr ago

10-year change

21%

asking, since ~'16

Asking rent per bedroom type — switch tabs to see each with effective (concession-net) rent.

01b / 09

Rent trends.

02 / 10

Neighborhood risks.

within 0.75 mi

238 nearby

within 0.75 mi

Public-safety

shelters, methadone, halfway, sex offenders

24/7 Noise

sirens, construction, schools, rail, avenue traffic

Environmental

129

brownfields, industrial zones, sanitation

Block-level

311 noise, rats, bedbug history

Sources: NYC DHS · DOB · 311 · DSNY · FDNY · NYS DCJS · NYS DECSee full report

02 / 10

Neighborhood risks.

02 / 10

Violations, 311, & more.

hpd · dob · 311 · acris
last 7 years

Violation & Complaint Trends

Monthly counts over the last 7 years · all data sources

Worsening

HPDTop Violations

9 total

Pest Infestation
2
Door/Lock
2
Fire Escape/Stairs
1
Paint/Plaster
1
Roof/Ceiling
1

311Top Complaints

0 total

Illegal Parking
8
Request Large Bulky Item Collection
3
Noise - Residential
2
Graffiti
1
Noise - Vehicle
1

DOBTop Filings

0 total

DOB Violations
0

EvictionsEvictions

0 filed

Evictions filed
0

Violations by Unit

(2 units)

UnitViolationsOpenLast Inspected

Recent records

Last 7 years

Class CNOV SENT OUTMay 19, 2026
§ 27-2005, 27-2007, 27-2041.1 HMC, §238, § 309; § 107 (2) ( C) MDL AND 28 RCNY §25-171: REPLACE OR REPAIR THE SELF-CLOSING DOORS THAT IS MISSING OR DEFECTIVE LATCH SET AT ENTRANCE DOOR TO BUILDING
Class BNOV SENT OUTMay 19, 2026
§ 27-2005 ADM CODE PROPERLY REPAIR WITH SIMILAR MATERIAL THE BROKEN OR DEFECTIVE FIRE RETARDANT MATERIAL AT EAST AND WEST WALLS AND CEILING AT PUBLIC HALL, 1st STORY
Class ANOV SENT OUTMay 19, 2026
§ 27-2013 ADM CODE PAINT WITH LIGHT COLORED PAINT TO THE SATISFACTION OF THIS DEPARTMENT THE EAST AND WEST WALLS AND CEILING AT PUBLIC HALL, 1st STORY
Class ANOV SENT OUTApr 29, 2026
(A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPDS WEBSITE, WWW.NYC.GOV\HPD, SEARCH BED BUGS.
Class BNOV SENT OUTFeb 8, 2026
§ 27-2005, 2007 ADM CODE REMOVE ALL ENCUMBRANCES CONSISTING OF BICYCLE AND HOUSEHOLD MATERIALS AT PUBLIC HALL STAIRS, 5th STORY

See all 9 HPD records

02 / 09

Violations, 311, & more.

03 / 10

What tenants actually say.

3.0 /5

★ ★ ★ ★ ★

1 reviews

5★

4★

3★

100%

2★

1★

Pros: Historic features, large space for the area Cons: Poor upkeep, leaks, constant construction, noise from post office shipping warehouse Advice to landlord: Spend more on upkeep

mixedDec 2020

Anonymous

View all 1 reviews

03 / 09

What tenants actually say.

04 / 10

Building amenities.

Building Amenities

62 amenities

BUILDING

Game Room
Lobby
Library
Elevator
Lounge
Mail Room
Wifi
Package Room
Playroom
Co-working
Smoke Free
Community Room
Wi-fi
Doorman
Business Center

OUTDOOR

Bbq
Balcony
Courtyard
Patio
Terrace
Rooftop
Grill
Garden
Roof Deck
Pool
Swimming Pool

FITNESS

Spa
Fitness
Fitness Center
Gym
Yoga
Sauna

PARKING & BIKES

Garage
Bike Storage
Ev Charging
Bike Room
Parking

LAUNDRY

Laundry In Unit
Laundry Room
Washer/dryer
Washer Dryer
In-unit Laundry

SECURITY

Security
Gated
Cctv
Video Intercom
Surveillance

PET FRIENDLY

Pets Allowed
Dog Run
Cat Friendly
Pet Friendly

STORAGE

Storage Room
Storage

LUXURY

Screening Room
Penthouse
Wine Cellar

OTHER

Good Cause
Rent Stabilized
Has Evictions
Fios Available
W/d

04 / 09

Building amenities.

05 / 10

The landlord.

PRESTIGE BSM REALTY LLC

Portfolio of 2 buildingsMEMBER: BEJAD MUSLEHMail: 651 W 169TH STREET, New York, NY, 10032

Portfolio-level grade reflects the landlord's buildings across NYC, weighted by unit count. Individual building grades may differ.

View full landlord profile

buildings

2.5

avg score / 5

portfolio grade

nearby owned

Their Other Buildings

Top 1 by score · of 2 total

See all 2 →

C-500 W 30th StManhattan4.0 / 10

Ownership timeline · this building

ACRIS deeds and regulatory filings

1900Building constructed14 units · 5 floors
nowPRESTIGE BSM REALTY LLCOwner of record per HPD registration · manages 2 buildings · registration active through 2025-09-01.

05 / 09

The landlord.

06 / 10

Crime & safety.

07 / 10

About this area.

08 / 10

History of the building.

construction · ownership · permits

At a glance

Year built1900

Floors5

Total units14

Rent-stab units14

ClassC7

BBL1007010035

19001910192019301940195019601970198019902000201020202030

1900

Building constructed

14 units · 5 floors · class C7

2024

Rent stabilization on file

11 stabilized units registered.

now

Current owner: PRESTIGE BSM REALTY LLC

Portfolio includes 2 buildings.

Recent Activity

20 events

HPDHIGHMay 19, 2026
HPD Class C Violation — § 27-2005, 27-2007, 27-2041.1 HMC, §238, § 309; § 107 (2) ( C) MDL AND 28 RCNY §25-171: REPLACE OR REPAIR THE SELF-CLOSI
HPDMEDIUMMay 19, 2026
HPD Class B Violation — § 27-2005 ADM CODE PROPERLY REPAIR WITH SIMILAR MATERIAL THE BROKEN OR DEFECTIVE FIRE RETARDANT MATERIAL AT EAST AND WES
HPDLOWMay 19, 2026
HPD Class A Violation — § 27-2013 ADM CODE PAINT WITH LIGHT COLORED PAINT TO THE SATISFACTION OF THIS DEPARTMENT THE EAST AND WEST WALLS AND CEI
HPDLOWApr 29, 2026
HPD Class A Violation — (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR
311MEDIUMMar 6, 2026
Noise - Residential — Loud Music/Party
HPDMEDIUMFeb 8, 2026
HPD Class B Violation — § 27-2005, 2007 ADM CODE REMOVE ALL ENCUMBRANCES CONSISTING OF BICYCLE AND HOUSEHOLD MATERIALS AT PUBLIC HALL STAIRS, 5t
HPDHIGHNov 17, 2025
HPD Class I Violation — §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-20
HPDLOWJun 4, 2025
HPD Class A Violation — (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR
311MEDIUMMar 20, 2025
Illegal Parking — Parking Permit Improper Use
311MEDIUMSep 24, 2024
Graffiti

07 / 09

History of the building.

10 / 10

Frequently asked questions.

10 / 10

NYC-specific insights.

08 / 09

Similar buildings nearby.

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Building record last updated 2 months ago. Sourced from HPD, DOB, 311, and Lucid Rents data syncs.