For Sale · Listing by Compass
216 E 32nd Street
Kips Bay, Manhattan
$3,300,000
216 E 32nd Street
MLS® #RLS20121877
Listing by Compass
- 9
- Bedrooms
- 7
- Baths
- 2,736
- Sq. Ft.
- 1900
- Year Built
Quick Summary
Property Highlights
- Character: Pre-war building (1900)
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Oct 29, 2026 | $3,300,000 | - |
| Currently | Oct 29, 2026 | $3,300,000 | - |
Description
Income producing multi-family townhouse for sale in Kips Bay. This fully free market property has four studio apartments, and one large three bedroom triplex with recreation room and private garden access. 216 East 32nd is set mid-block on a quiet Kips Bay residential street, with proximity to NYU Langone Medical Center, Bellevue Hospital, and major corporate offices, with convenient access to the 6 train at 28th Street and multiple bus lines (M15, M34, M101). All apartments are currently tenant occupied. Kips Bay is a historically stable neighborhood with consistent demand, making this property ideal for long term holders, or value add investors.
Features & Amenities
Interior Features
Building Information
Financial Details
About Kips Bay
View All Kips Bay ListingsKips 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 NeighborhoodActive Listings
131
Median Asking Price
$799K
Median $/Sqft
$1,398
Avg Days on Market
N/A
New This Week
5
Price Reduced
34%
Sold (30 Days)
17
Median Sale Price
$950K
Live data from RLS at REBNY • Updated 10/29/26, 5:45 PM EST
Recently Sold in Kips Bay
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Location
216 E 32nd Street, Kips Bay, New York County
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
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
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed common charges are $0 per month. Confirm the exact amount with Milton Coste before making an offer.
The current listed annual property tax is $80,004, or roughly $6,667 per month. Verify the current assessment with your attorney before closing.
This property has 9 bedrooms and 7 full bathrooms.
The listed interior living area is 2,736 square feet. Verify dimensions independently during due diligence.
According to MLS records, the building was constructed in 1900, making it approximately 126 years old.
This listing is None
Pet policy requires confirmation with Milton Coste.
At the current list price of $3,300,000 for 2,736 sq ft, the asking price per square foot is approximately $1,206. This figure is for reference only and may differ from appraised or assessed values.
To schedule a private showing, contact Milton Coste at (917) 416-7433 or milton@miltoncoste.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) 416-7433Listing Courtesy of Compass - Jared Blumberg
Listing Contact: (917) 445-1459
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.
How working with a buyer's agent works: I work for you, not the seller. Before I show you anything, New York brokerage rules ask us to put that in writing: an agreement and a disclosure that say I work for you and negotiate on your behalf. The agreement is non-exclusive: you can work with other agents, it runs for a short fixed term we agree on, and you can end it with a note. You may attend open houses independently without an agreement. Read how it works
RLS Data display by Keller Williams NYC. Data last updated on 10/29/2026 at 9:45 PM UTC
See it in person
Sale history, taxes, violations and comps for this unit
Before you bid
Pre-Offer Report: 216 E 32nd Street
At $3,300,000, the listing leaves out what decides the offer: the recorded sale history, the tax and abatement picture, open building violations and permits, and the closed sales that set the price. Milton prepares the report from public records. No obligation.
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What happens next
- 1Milton emails you today.
- 2A short call about what you want and when.
- 3The agreement arrives electronically after the call. Then showings.
Your info is secure and never shared.
You're contacting Milton Coste, a buyer's agent. Before any private showing, New York brokerage rules require a short non-exclusive agreement. Milton walks you through it before you sign anything. Broker commissions are not set by law and are fully negotiable. How working together works.
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Quick Facts
Monthly Costs Estimate
$660,000
Source: Freddie Mac PMMS
Est. Monthly Payment
$0
Estimates only. Consult a lender for exact figures.
Mansion tax applies at this price point
New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $3M to $4,999,999 at 1.50%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.
Estimated mansion tax at asking
$49,500
Estimate based on the asking price. Confirm your own obligation with your real estate attorney.
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