
216 E 32nd St New York, NY 10016
Kips Bay NeighborhoodEstimated payment $27,193/month
Highlights
- Wood Flooring
- Private Yard
- Recessed Lighting
- P.S. 116 Mary Lindley Murray Rated A-
- No HOA
- 4-minute walk to Vincent F Albano Jr Playground
About This Home
Welcome to 216 East 32nd Street, a distinguished multi-family townhouse that epitomizes urban sophistication in Manhattan’s coveted Kips Bay neighborhood. This historic gem, constructed in 1900, spans an impressive 4,560 square feet across multiple levels, blending timeless charm with exceptional investment potential.
The highlight of this property is its versatile layout, offering four fully furnished studio apartments and an expansive triplex unit. Whether you envision owner occupancy or premium rental income, this townhouse provides the perfect balance of functionality and opportunity. Outside, a generous backyard creates a rare oasis in the heart of Manhattan, perfect for relaxing, entertaining, or gardening.
Step inside, and you’ll be welcomed by interiors that reflect a seamless blend of historic character and modern updates. Each studio apartment is thoughtfully designed with modern amenities, catering to the needs of today’s urban dwellers. The triplex unit offers a spacious layout ideal for families or upscale tenants, featuring light-filled rooms, high ceilings, and charming finishes throughout.
Located in the heart of Kips Bay, 216 East 32nd Street is surrounded by an abundance of neighborhood amenities. Healthcare facilities such as NYU Langone Medical Center, Bellevue Hospital, and the VA Hospital are just steps away. For recreation, enjoy easy access to the East River Greenway for waterfront strolls, Asser Levy Recreation Center with pools and playgrounds, and Bellevue South Park, which offers green spaces and sports facilities.
For your daily needs, the property is within walking distance of Trader Joe’s and Fairway Market. Food enthusiasts will appreciate the vibrant culinary scene nearby, including “Curry Hill,” renowned for its authentic Indian cuisine. Commuting is a breeze with the 6 train at 28th Street, multiple MTA bus routes, and the East 34th Street Ferry Landing connecting you to various parts of the city.
As an investment, 216 East 32nd Street stands out in Manhattan’s dynamic real estate market. Kips Bay’s strong rental demand, fueled by its proximity to medical centers and educational institutions, ensures a steady pool of tenants, while the area’s continued development offers excellent prospects for property appreciation.
Whether you’re looking to own a piece of Manhattan history or capitalize on a lucrative investment opportunity, 216 East 32nd Street is a rare find that combines location, functionality, and timeless appeal.
Discover the possibilities this exceptional property offers. Schedule your viewing today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $70,416
Year Built
- Built in 1900
Lot Details
- Lot Dimensions are 18.750000x98.750000
- Private Yard
Interior Spaces
- 3,752 Sq Ft Home
- 3-Story Property
- Recessed Lighting
- Wood Flooring
- Basement Fills Entire Space Under The House
Kitchen
- Gas Cooktop
- Range Hood
- Dishwasher
Bedrooms and Bathrooms
- 9 Bedrooms
- 7 Full Bathrooms
Laundry
- Dryer
- Washer
Utilities
- Central Air
- No Heating
Community Details
- No Home Owners Association
- 5 Units
- Kips Bay Subdivision
Listing and Financial Details
- Legal Lot and Block 56 / 00912
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
01/08/2025 01/08/25 | For Sale | $3,850,000 | -- | $1,026 / Sq Ft |
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Source: Real Estate Board of New York (REBNY)
MLS Number: RLS11027772

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