NOT LISTED FOR SALE

Estimated Value: $2,571,000 - $4,409,000

4 Beds
4 Baths
3,880 Sq Ft
$924/Sq Ft Est. Value

Last Sold June 13, 2024

Last sale price $3,700,000 $954 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $23,010/month

284 Days on Market

Highlights

  • 3 Fireplaces
  • Cooling System Mounted In Outer Wall Opening
  • 4-minute walk to Vincent F Albano Jr Playground
  • P.S. 116 Mary Lindley Murray Rated A-

About This Home

As of June 2024

Step into the warmth and charm of The Home That Built Love at 232 East 32nd Street, a stunning four-story Greek Revival-style Townhome built in the mid-19th Century with three wood-burning fireplaces and two sun-flooded south-facing outdoor spaces.

Currently designated as a two-family home, this property features two duplexes (currently connected), each w/ its own in-unit laundry, two bedrooms, two bathrooms, & private outdoor space. The flexible layout allows for easy single-family living or can be used as an owner's duplex (or triplex) with an income-producing apartment by renting out either duplex or the garden floor alone.

The coveted garden level, accessed through its own private entrance, features historic pre-war detail throughout, including exposed brick, architecturally significant archways, & a great dining area with a wood-burning fireplace & built-in banquette seating. Many great memories have been shared in this one-of-a-kind rustic-yet-modern-style dining room. This level also boasts an eat-in windowed kitchen with stainless steel Frigidaire appliances, excellent counter and cabinetry space, & a large bedroom (or den) w/ exposed brick, a Murphy bed, & floor-to-ceiling windows that overlook the south-facing garden. There is also a bonus room that houses the W/D & capacious storage, perfect for an office or additional sleeping area.

The large garden-level bedroom has exposed brick, a Murphy bed, & floor-to-ceiling windows that overlook the south-facing garden. Architecturally significant arches with custom hardwood doors. The lovely south-facing garden features a large seating area with a grill, & outdoor lighting, & overlooks a private enclave of townhouse gardens.

The grand parlor floor features a stunning entryway with beautiful exposed brick & French doors leading to an extremely rare & expansive 50-foot parlor floor with 11-foot soaring ceilings dripping with original 19th-century details. The parlor-floor bedroom, including its Juliet balcony, faces south over the garden & is tucked behind two prominent French doors w/ double transoms, allowing light to flood through the parlor throughout the day.

The third floor boasts a bright & spacious living room connected to a large south-facing deck with open-sky views overlooking magnificent mature magnolia trees. This level has 9'4" ceilings, exposed brick, built-in shelving, & a wood-burning fireplace. The northern room hosts a large eat-in kitchen w/ exceptional cabinetry & counter space, full-size appliances, a built-in desk, GE W/D, & large casement-style windows overlooking tree-and-townhouse-lined 32nd Street.

The top floor of the home hosts two oversized bedrooms w/ enough space for a king-sized bed, end tables, & extra desk space. Both rooms overlook lush treetops & have been reconfigured over the years to accommodate many sleeping arrangements. There is spacious closet space throughout, as well as a large bathroom with a deep soaking bathtub. Access to the roof is also available, with over 1700sf of air rights remaining.

In addition to all the magnificent living spaces, the home also includes an 800-sf basement that can be converted to a proper home gym, playroom, or indoor pool, or can be kept as is, a wine cellar, with tremendous additional storage.

Situated on a lovely tree-lined townhouse street in the heart of Kips Bay, this location is home to some of the best cultural institutions and finest eateries that Manhattan offers, including Rolf's German Restaurant, Norma, Hillstone, & many more. It is also in close proximity to some of the best parks in the city, including Madison Square Park, Gramercy Park, and The East River Esplanade. There is easy access to transportation via Herald Square, Penn Station, Grand Central Station, or the 6 train two blocks away.

Come experience the charm & elegance of this beautiful home, the perfect blend of historic details & modern amenities that will make you feel right at home.

Last Agent to Sell the Property

Anna Kahn

Brown Harris Stevens Residential Sales LLC License #30KA0849835 Listed on: 06/20/2024

Brown Harris Stevens Residential Sales LLC

Co-Listed By

Thomas Holmes

Brown Harris Stevens Residential Sales LLC License #40HO1143657

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $34,080

Year Built

  • Built in 1865

Lot Details

  • 1,568 Sq Ft Lot
  • Lot Dimensions are 98.00x16.00

Interior Spaces

  • 3,880 Sq Ft Home
  • 4-Story Property
  • 3 Fireplaces
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening

Community Details

  • Kips Subdivision

Listing and Financial Details

  • Legal Lot and Block 0048 / 00912

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$34,080

Year Built

Built in 1865

Lot Details

0

Listing Details

  • Property SubType: Townhouse
  • Property Type: Residential
  • Neighborhood: KIPS
  • Entry Level: 1
  • Structure Type: Townhouse
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 4

Interior Features

  • Fireplace Features: Other
  • Fireplaces: 3
  • Fireplace: Yes
  • Living Area: 3880.0
  • Living Area Units: Square Feet
  • Rooms (Total): 10
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 4
  • Bathrooms Integer: 4
  • Bedrooms: 4

Exterior Features

  • View: Other
  • View: No
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: In Unit
  • Green Building Features: Green Building
  • Cooling: Wall Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 1568.0
  • Lot Size Dimensions: 98.00x16.00

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 1
  • Total Stories: 4
  • Year Built: 1865

Tax Info

  • Tax Block: 00912
  • Tax Lot: 0048
  • Tax Annual: 34080.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2024
Closed on
Jun 12, 2024
Sold by
New York Fellowship Inc and Weber
Bought by
232 32Nd St Llc
Seller's Agent
Anna Kahn
Brown Harris Stevens Residential Sales LLC
List Price
$4,200,000
Sold Price
$3,700,000
Premium/Discount to List
-$500,000
-11.9%
Current Estimated Value
$3,584,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$115,833
Avg. Annual Appreciation
-2.85%

Purchase Details

Closed on
Jun 9, 1998
Sold by
Beves Josephine and Kassel Philip J
Bought by
Weber William J and Weber Sheila M
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
232 32Nd St Llc $3,700,000 --
Weber William J $990,000 Security Title & Guaranty Co
Weber William J $990,000 Security Title & Guaranty Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2024 06/13/24 Sold $3,700,000 -11.9% $954 / Sq Ft
12/20/2023 12/20/23 Pending -- -- --
07/25/2023 07/25/23 For Sale $4,200,000 +13.5% $1,082 / Sq Ft
07/25/2023 07/25/23 Off Market $3,700,000 -- --
06/22/2023 06/22/23 Price Changed $4,200,000 -6.7% $1,082 / Sq Ft
05/20/2023 05/20/23 Price Changed $4,500,000 -9.1% $1,160 / Sq Ft
04/23/2023 04/23/23 Price Changed $4,950,000 -8.3% $1,276 / Sq Ft
03/10/2023 03/10/23 For Sale $5,400,000 -- $1,392 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $37,903 $201,521 $116,363 $85,158
2024 $37,903 $190,114 $127,980 $74,715
2023 $36,141 $179,357 $109,713 $69,644
2022 $33,491 $216,120 $127,980 $88,140
2021 $35,306 $218,940 $127,980 $90,960
2020 $35,251 $249,360 $127,980 $121,380
2019 $32,849 $235,800 $127,980 $107,820
2018 $30,171 $149,464 $79,722 $69,742
2017 $28,444 $141,004 $70,386 $70,618
2016 $27,878 $141,004 $79,169 $61,835
2015 $15,824 $139,945 $105,560 $34,385
2014 $15,824 $132,024 $112,029 $19,995
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10972458

Real Estate Board of New York (REBNY)

APN: 0912-0048