Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $4,200,000

· Closed January 31, 2022

238 E 32ND Street #House

$4,200,000

238 E 32ND Street #House

Kips Bay, Manhattan

MLS® #RLS10753840

RLS at REBNY

Listing by Sotheby's International Realty, Inc.

5

Bedrooms

4.5

Baths

N/A

Sq. Ft.

1900

Year Built

Quick Summary

Bedrooms 5
Bathrooms 5 full, 1 half
Lot Size 1,646 sq ft
Year Built 1900
Neighborhood Kips Bay
Floor 4 of 3

Property Highlights

  • Views: City
  • Exposure: North,South facing
  • Fireplace: Wood-burning or decorative fireplace

Property Details

Type Single Family Residence
Total Rooms 10
Baths 4 Full, 1 Half
Floor 4 of 3
View City
Exposure North,South
Cooling Central Air
Pets Yes
Year Built 1900
Lot Size 1,646 sq ft
Parcel # 0912-0045

Listing History

Event Date Price Change
Listed Jun 7, 2021 $5,395,000 -
Price Reduced Jan 31, 2022 $4,495,000 -16.7%
Currently May 6, 2026 $4,200,000 -6.6%

Description

MAJOR PRICE REDUCTION Welcome to this gorgeous, turn of the century four story brick façade townhouse located in the heart of Kips Bay between Second and Third Avenues. Charm and character abound throughout the well-maintained house with 5 bedrooms and 4.5 bathrooms. A deep and lushly landscaped garden faces South. The home has hard wood floors throughout. A sky light at the top of the stairs floods the house with natural light. The house is located on a tree-lined, non-landmarked block. The house has additional FAR, so in theory and depending on zoning, the buyer may expand. The constantly improving neighborhood is located close to all forms of public transportation, excellent restaurants, NYU Hospital, Fairway, Trader Joe's, the AMC Kips Bay 15 screen movie theater and Bed, Bath and Beyond. House: English Basement – Under the stairs is a gated secondary entrance to a room currently used as an office. It can easily be converted to a 5th bedroom, there is a full bathroom en-suite. A powder room for guests is adjacent to the Formal Dining Room which has a chair rail on the walls. One enters the large square eat in kitchen from the Formal Dining Room. In addition to ample counter space there is a Viking stove, dishwasher, and microwave. French Doors open to the lush and beautifully landscaped South facing garden. The brick patio in front of the garden provides a seating area for dining al fresco and a grill. A beautiful, sculptured statue is located at the far end of the garden path. It is reminiscent of the statue in the book Midnight in the Garden of Good and Evil. Because of the heavy planting the outdoor space is quiet and serene. Parlor Floor – A formal outdoor staircase leads you into the double foyer and elegant front parlor with wood burning fireplace. One then passes through a landing with a winding staircase leading to the Formal Dining Room and Kitchen downstairs. The square living room with wood-burning fireplace is beyond the landing and has a sunroom/office attached which overlooks the garden below. The entire floor has gracious charm and high ceilings. Third Floor- There are two bedrooms with one full bath. Currently one of the bedrooms is used as a library and has a wood-burning fireplace. Fourth Floor – The master suite has dramatic soaring ceilings with skylights. It is sun-flooded and light all day. One enters the exquisitely tiled master bath with soaking tub, stall shower and double sinks through an outfitted dressing room/closet. The fourth bedroom is in the front of the house with en-suite bathroom. Basement- The dry full height basement has ample storage including built in closets and an oversized safe which will remain. In addition to the mechanicals there is a washer/dryer, slop sink and extra refrigerator. The house has 2 zone air-conditioning and is heated by oil. There is an alarm and intercom system throughout the house. Roof – Has wonderful city views including the Empire State Building. It is currently not decked but one can consider doing so. 24 hours' notice required for showings. Everyone must wear a mask.

Features & Amenities

Interior Features

Separate Formal Dining Room Entrance Foyer Eat In Kitchen Fireplace

Appliances

Dryer Washer Dryer Allowed Washer

Building Information

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

10

Price Reduced

30%

Sold (30 Days)

21

Median Sale Price

$800K

Live data from RLS at REBNY • Updated 5/6/26, 1:37 AM EST

Similar Listings in Kips Bay

View All

Location

Loading map...

238 E 32ND Street #House, Kips Bay, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1900
Year Built
126 years old
3
Floors
1
Residential Units
R7B
Zoning District
One Family Dwellings

Tax & Assessment

Assessed Value: $206,760
Land Value: $120,420
Exemptions: $0

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

Lot Area: 1,646 SF
Building Area: 2,621 SF
Built FAR: 1.59
Allowed FAR: 3

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

This property has 5 bedrooms and 4 full bathrooms and 1 half bathroom.

According to MLS records, the building was constructed in 1900, making it approximately 126 years old.

Pet policy requires confirmation with the listing broker.

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: RLS10753840
First Listed: 6/7/2021
Price Changed: 1/31/2022
Closed: 1/31/2022
Contract Date: 6/7/2021

Listing Courtesy of Sotheby's International Realty, Inc. - Valerie Sherman

Listing Contact: (212) 606-7684

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 5/6/2026 at 5:37 AM UTC

Buying in NYC? Start Here

Single-Family Homes in NYC: Finding Outdoor Space

Where to find private outdoor space and what it costs in each borough.

Read article

NYC Closing Costs: Complete Breakdown

Buyer and seller closing costs itemized, including what to budget for.

Read article

NYC Mansion Tax: 2026 Guide

How the tiered mansion tax works for purchases over $1M.

Read article

NYC Real Estate Market Report 2026

Data-driven analysis of prices, inventory, and trends across NYC.

Read article

Interested in this property?

Your info is secure and never shared.

View Active Listings Call Milton