--- title: "55 Tiemann Place #29, New York City, NY 10027" description: "55 Tiemann Place #29, New York City, NY 10027 — Harlem, New York City, NY. Listing Price $795,000. 3 bed, 1 bath Illustrative Buyer Commission Share of $11,925 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10027/55-tiemann-place-29-ny-10027" source: "Real Estate Rebate Team" status: "Active" --- # 55 Tiemann Place #29, New York City, NY 10027 Harlem, New York City, NY **Sponsor Residence** Courtesy of Manhattan Realty Group ## At a Glance - **Listing Price**: $795,000 - **Beds**: 3 - **Baths**: 1 - **Common Charges**: $1,875 / mo - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $795,000 - **Illustrative Buyer Commission Share**: -$11,925* - **Illustrative Net Cost**: $783,075 *Illustrative Buyer Savings of $11,925 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Property Overview Bright & Massive 3BR Sponsor Unit in Elevator and laundry building SPONSOR UNIT NO BOARD APPROVAL First available sponsor units in the building in 25 years! Investor friendly. Buyer responsible for NYC & NYS sponsor transfer taxes and $3,000 sellers attorney fee. There is a currently monthly assessment of $404. Welcome to 55 Tiemann Place, where pre-war charm meets exceptional value in the heart of Morningside Heights. This bright and spacious three-bedroom sponsor unit offers a rare opportunity to own with no board approval in a well-maintained elevator building. Some photos are virtually staged. Flooded with natural light throughout the day, this generously sized home features an expansive and flexible layout with well-proportioned rooms and classic pre-war details. The large, separate kitchen provides abundant counter and cabinet spaceperfect for cooking, entertaining, or everyday living, a true rarity in the neighborhood. All three bedrooms comfortably accommodate full furniture sets, offering versatility for a variety of living arrangements, whether you need additional bedrooms, a home office, or guest space. Hardwood floors run throughout, adding warmth and timeless appeal to the home. Residents enjoy the convenience of elevator access and a central laundry room, enhancing the overall ease of living. As a sponsor sale, this apartment offers a streamlined purchasing process with no board package or interviewan ideal opportunity for buyers seeking a faster, more straightforward path to ownership. Ideally located near Columbia University, Riverside Park, and Morningside Park, the building is surrounded by beloved cafs, grocery stores, and top dining destinations. Multiple subway lines are easily accessible, making commuting and exploring the city effortless. Offering space, light, flexibility, and a seamless buying process, this three-bedroom residence at 55 Tiemann Place is a standout opportunity in one of Manhattans most sought-after neighborhoods. Schedule your private showing today. ## Property Details - **Property Type**: Co-op - **Beds**: 3 - **Baths**: 1 - **Rooms**: 5 - **Year Built**: 1900 - **Common Charges**: $1,875 / Monthly - **Listed On**: Jul 26, 2026 - **Days on Market**: 42 Days ### Residence Features - Hardwood ## Sales Evidence ### How this price compares The median closed price for comparable co-op three-bedroom sales in Harlem is $752,500, based on 12 sales between October 2024 and July 2026. This home is asking $795,000, $42,500 above that median. The middle half of those sales closed between $535,000 and $2,015,000. - **Median closed price**: $752,500 - **Middle half**: $535,000 – $2,015,000 - **Based on**: 12 co-op three-bedroom sales in Harlem - **Period**: October 2024 – July 2026 Square footage is recorded for only 5 of these 12 sales (42%), so no price per square foot is shown for this group. Co-op sales rarely carry a floor area, and a figure drawn from a handful of them would not describe the rest. Across the 11 of these sales with a published asking price, the median closed at 100% of what it originally asked. 46% of them closed below the original ask. This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Harlem instead. ### How these sales were negotiated - **Sold vs original ask**: 100% of the original ask - **Closed below ask**: 46% of 11 sales - **Listed → in contract**: 65 days (about 9 weeks) - **In contract → closed**: 110 days (about 16 weeks) Across the 11 of these sales with a published asking price, the median closed at 100% of what it originally asked. 46% of them closed below the original ask. Half of these homes were in contract within 65 days (about 9 weeks) of coming to market, based on the 11 with a recorded listing date. Once a deal was agreed, closing took a further 110 days (about 16 weeks), based on the 11 with both dates recorded. A co-op board package and its interview account for much of that. These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure. Based on 12 co-op three-bedroom sales in Harlem, October 2024 – July 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ. ### Price trend Median sold price for co-op three-bedroom sales in Harlem, 2017 to 2023. The series is held to one bedroom count and one ownership type for the same reason: an unfiltered median tracks which apartments sold, not what they were worth. | Year | Median sold price | Sales | | --- | --- | --- | | 2017 | $3,795,000 | 10 | | 2018 | $1,870,000 | 11 | | 2019 | $1,960,000 | 11 | | 2021 | $2,600,000 | 17 | | 2022 | $2,300,000 | 13 | | 2023 | $1,922,500 | 10 | This building does not have enough sales with a recorded floor area to chart its own price per square foot, which is usual for a co-op. The series above follows comparable homes across Harlem instead. Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. ## Estimated Monthly Payment **$5,895 / month**, assuming a 20% down payment ($159,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $4,020 - **Common Charges**: $1,875 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Harlem Overview of Harlem [Explore Harlem](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/harlem) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Harlem - [Morningside Heights real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/morningside-heights) - [East Harlem real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/east-harlem) ## Related Links - [Harlem neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/harlem) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > 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. ©2026 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 the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.