Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $550,000

· Closed August 5, 2024

157 E 32ND Street #11D
Closed For Sale Condo

$550,000

$1,100 per sq ft

157 E 32ND Street #11D

Kips Bay, Manhattan

L'ISOLA

MLS® #RLS10959679

RLS at REBNY

Listing by Douglas Elliman Real Estate

Studio

1

Bath

500

Sq. Ft.

1988

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Living Area 500 sq ft
Year Built 1988
Ownership Condo
HOA/Common Charges $954/mo
Property Taxes $12,348/yr
Neighborhood Kips Bay
Floor 11 of 23

Property Highlights

  • Views: City
  • Exposure: North facing
  • Outdoor Space: None, Balcony

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full
Floor 11 of 23
View City
Exposure North
Cooling Central Air
Pets Yes
Year Built 1988
Living Area 500 sq ft
Structure Type HighRise
Basement Other
Parcel # 0888-1044
Block/Lot 00888/7501

Listing History

Event Date Price Change
Listed Oct 2, 2023 $649,000 -
Price Reduced May 1, 2024 $598,000 -7.9%
Currently May 5, 2026 $550,000 -8.0%

Description

NEW PRICE - DEAL FELL THROUGH!
SHOWING BY APPOINTMENT (please email or call to schedule)

Bright, huge and airy alcove studio (easily convertible to one-bedroom) CONDO with a private BALCONY in the full-service, elegant L'Isola, located in prime Kips Bay/midtown south. Open layout features windows throughout with stunning skyline/northern views including the Chrysler building. Generous closets and built-in shelving make storage easy. Bedroom area currently outfitted with Murphy bed to maximize living space. Kitchen features marble countertops, tiled floor, dishwasher, microwave, gas range, and generous wooden cabinetry for great storage. Close to all transportation: 4/5/6/7/S trains, 34th Street ferry dock, Citi Bike stations and Grand Central Station. L'Isola features a 24-hour doorman/concierge, laundry room, fitness center with sauna, landscaped garden with BBQ grill. Shopping made easy: a block from Trader Joe's, Fairway. Pet-friendly.

PRIMARY RESIDENTS QUALIFY FOR THE CONDO/CO-OP TAX ABATEMENT

Features & Amenities

Interior Features

Smoke Free Building Other

Exterior Features

Building Courtyard Balcony None Balcony

Building Information

Building L'ISOLA
Building Data View Compliance & Permits
Total Units 80
Stories 23
Structure HighRise

Financial Details

Common Charges $954/mo
RE Taxes $12,348/yr ($1,029/mo)
Original Price $649,000
Sale Price $550,000
Previous Price $598,000

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

130

Median Asking Price

$850K

Median $/Sqft

$1,474

Avg Days on Market

N/A

New This Week

8

Price Reduced

31%

Sold (30 Days)

21

Median Sale Price

$800K

Live data from RLS at REBNY • Updated 5/5/26, 4:28 PM EST

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Location

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157 E 32ND Street #11D, Kips Bay, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1913
Year Built
113 years old
3
Floors
2
Residential Units
R7A
Zoning District
Primarily Residential Mixed Use

Tax & Assessment

Assessed Value: $122,340
Land Value: $10,920
Exemptions: $0

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

Lot Area: 1,613 SF
Building Area: 3,000 SF
Built FAR: 1.86
Allowed FAR: 4

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 common charges are $954 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $12,348, or roughly $1,029 per month. Verify the current assessment with your attorney before closing.

This property has 0 bedrooms and 1 full bathroom.

The listed interior living area is 500 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1988, making it approximately 38 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

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

At the current list price of $550,000 for 500 sq ft, the asking price per square foot is approximately $1,100. 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 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: RLS10959679
First Listed: 10/5/2023
On Market: 10/2/2023
Price Changed: 5/1/2024
Closed: 8/5/2024
Contract Date: 10/5/2023

Listing Courtesy of Douglas Elliman Real Estate - Amy Wilder

Listing Contact: (917) 406-7889

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 5/5/2026 at 8:28 PM UTC

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