Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $705,000

Listed at $730,000 · Sold 3.4% below asking · Closed September 18, 2025

251 E 32nd Street #3-B
Closed For Sale Co-op

$730,000

251 E 32nd Street #3-B

Kips Bay, Manhattan

MLS® #RLS11028590

RLS at REBNY

Listing by R New York

1

Bedroom

1

Bath

N/A

Sq. Ft.

1965

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1965
Ownership Co-op
Maintenance $2,052/mo
Parking Garage
Neighborhood Kips Bay
Floor 3 of 20

Property Highlights

  • Views: City
  • Exposure: North,West facing
  • Outdoor Space: Terrace

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 3 of 20
View City
Exposure North,West
Cooling Other
Pets Yes
Cross Street Third Avenue/Second Avenue
Year Built 1965
Parking Garage Available
Structure Type HighRise
Block/Lot 913/28

Listing History

Event Date Price Change
Listed Jan 13, 2025 $750,000 -
Currently May 1, 2026 $730,000 -2.7%

Description

This home features a spacious open large floor plan easily converts into a 2 bedroom, this is a well-maintained residence with low maintenance fee and its own private terrace making it a fantastic opportunity for first-time buyers or for co-purchasers.

As you enter this home you're greeted with an open entrance with abundant light from its wall-to-wall windows, desirable plank wood flooring, feel the elegance with crown molding, updated lighting fixtures, quiet private garden view terrace. A huge living space designed for entertaining or to accommodate a second sleeping space. The large open kitchen is a dream with dual entry equipped with abundance cabinet with modern hardware an extra-large counter with three beautiful pendent lights above breakfast bar, all full-size modern stainless-steel appliances and a large pantry. The unbelievable large bedroom looks out to the terrace, accommodates a King bed, full set of furniture or a dedicated home office with a XL closet. The bathroom with modern white subway tiles and a European glass partition for this tub/shower combo. This perfectly elegantly designed Western exposure home with plenty of natural light is move in ready!!

The Riverview East is a full-service luxury co-op with an on site Resident Manager, pet-friendly building with laundry facilities, bike space and garage in a neighborhood with a vast array of shopping, dining, fitness and recreational options minutes from public transportation and neighboring Gramercy Park.

In person tours available by appointment only.
All photos are virtually staged.

Features & Amenities

Interior Features

Entrance Foyer Pantry Common Area

Exterior Features

Private Outdoor Space Under60 Sqft Terrace

Building Information

Building Data View Compliance & Permits
Stories 20
Structure HighRise

Financial Details

Maintenance $2,052/mo
Original Price $750,000
Sale Price $705,000
Previous Price $750,000

Kips Bay is a relaxed and highly convenient residential neighborhood located on the East Side of Manhattan. Known for its mix of mid-century high-rises and historic brick townhouses, it offers a more approachable price point than its neighbors to the north and south. Residents enjoy proximity to the East River Esplanade, a variety of local dining options, and easy access to the city's major medical centers and Midtown business hubs.

Kips Bay Live Market Data

View Neighborhood

Active Listings

131

Median Asking Price

$850K

Median $/Sqft

$1,471

Avg Days on Market

N/A

New This Week

6

Price Reduced

30%

Sold (30 Days)

18

Median Sale Price

$793K

Live data from RLS at REBNY • Updated 5/1/26, 7:50 AM EST

Similar Listings in Kips Bay

View All

Location

Loading map...

251 E 32nd Street #3-B, Kips Bay, New York County • Near Third Avenue/Second Avenue

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1964
Year Built
62 years old
20
Floors
164
Residential Units
C1-8A
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $19,790,100
Land Value: $1,561,950
Exemptions: $88,365

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 12,344 SF
Building Area: 175,000 SF
Built FAR: 14.18
Allowed FAR: 7.52

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $2,052 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 1 full bathroom.

According to MLS records, the building was constructed in 1965, making it approximately 61 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS11028590
First Listed: 1/13/2025
On Market: 1/13/2025
Price Changed: 3/23/2025
Closed: 9/18/2025
Contract Date: 1/13/2025

Listing Courtesy of R New York - Maritza Diaz

Listing Contact: (347) 596-0093

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing 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. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/1/2026 at 11:50 AM UTC

Buying a Co-op? Start Here

Co-op vs. Condo: Which Is Right for You?

Ownership structure, board approval, financing: the full comparison.

Read article

How to Ace Your Co-op Board Interview

What boards look for, common questions, and how to prepare.

Read article

NYC Flip Tax Guide for Sellers

What co-op flip taxes are, how they're calculated, and who pays.

Read article

HDFC Co-ops: Complete Guide

Income limits, resale caps, and how to qualify for affordable co-ops.

Read article

Interested in this property?

Your info is secure and never shared.

View Active Listings Call Milton