NOT LISTED FOR SALE

247 E 32nd St New York, NY 10016

Kips Bay Neighborhood

Estimated Value: $4,575,000 - $5,894,000

6 Beds
5.5 Baths
6,000 Sq Ft
$871/Sq Ft Est. Value

Sale Details

Date Sold: July 19, 2021

Last sale price $6,000,000 $1,000 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $32,938 / mo

62 Days on Market

Highlights

  • City View
  • Terrace
  • Balcony
  • P.S. 116 Mary Lindley Murray Rated A-
  • Community Garden
  • 3-minute walk to Vincent F Albano Jr Playground

About This Home

As of July 2021

247 East 32nd Street is an approximately 6,000 square foot, two-unit mint condition townhouse which underwent a complete modern expansion and transformation. Set on a row of 20 other townhouses and gardens on a charming tree-lined street, this spacious townhome is ideal for either single-family use or live-with-income. The upper quadruplex is a three-four bedroom, three and a half bathroom unit that has been fully renovated and meticulously designed. This apartment features modern amenities, gracious room proportions, and a rear glass curtain wall with stunning landscaped garden and open air views. The grand parlor floor is perfect for entertainment with an oversized center island, custom millwork, Viking and Subzero appliances, and a front and rear setting for living and dining. The striking, classic contemporary unit also features a quaint terrace which leads to the landscaped garden below, a home office, as well as a gorgeous roof deck with New York City skyline views. The garden unit is a two-bedroom, three-bathroom duplex. Similar to the upper quadruplex, this space is outfitted with luxurious amenities, including a magnificent chef's kitchen, partial garden access, and working fireplace, in addition to the beautifully appointed entertaining and living spaces. Conveniently located in Rose Hill, 247 East 32nd Street is easily accessible to both Downtown and Uptown Manhattan, Grand Central Station, Fairway Market, Kips Bay Theatre and some of New York's best restaurants.

Last Agent to Sell the Property

Matthew Lesser

Leslie J Garfield & Co Inc License #10301217047 Listed on: 03/11/2021

Co-Listed By

Ravi Kantha

Serhant License #10301211231

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 1,761 Sq Ft Lot
  • Lot Dimensions are 17.83 x 98.75
  • Garden

Interior Spaces

  • 6,000 Sq Ft Home
  • Wood Burning Fireplace
  • City Views
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Outdoor Features

  • Balcony
  • Terrace

Utilities

  • Central Air

Listing and Financial Details

  • Tax Block 00913

Community Details

Overview

  • 2 Units
  • Kips Bay Subdivision
  • 6-Story Property

Amenities

  • Community Garden
  • Building Terrace
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

1,761 Sq Ft Lot

Listing Details

  • Exposures: North,South
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Kips Bay
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 6

Interior Features

  • Interior Features: Separate/Formal Dining Room, Eat-in Kitchen
  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Living Area: 6000.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Bathrooms Integer: 6
  • Bedrooms: 6

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Garden, Balcony, Garden
  • Patio/Porch Features: Building Terrace, Terrace, Balcony

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area
  • Cooling: Central Air
  • Cooling: Yes

Lot Info

  • Lot Size Area: 1761.0
  • Lot Size Dimensions: 17.83 x 98.75

Building Info

  • Units: 2
  • Total Stories: 6
  • Year Built: 1920

Tax Info

  • Tax Block: 00913

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2021
Closed on
Jul 19, 2021
Sold by
247 High Llc
Bought by
Kabbalah Centre International Inc
Seller's Agent
Matthew Lesser
Leslie J Garfield & Co Inc
List Price
$6,850,000
Sold Price
$6,000,000
Premium/Discount to List
-$850,000
-12.41%
Current Estimated Value
$5,226,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$773,197
Avg. Annual Appreciation
-2.86%

Purchase Details

Closed on
Feb 27, 2012
Sold by
247 East 32Nd Llc
Bought by
247 High Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
3.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 10, 2009
Sold by
247 East 32Nd Llc
Bought by
Diba Family Limited Partnership

Purchase Details

Closed on
May 14, 2009
Sold by
Brandt Arthur
Bought by
247 East 32Nd Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kabbalah Centre International Inc $6,000,000 --
247 High Llc $2,400,000 --
Diba Family Limited Partnership -- --
247 East 32Nd Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 247 High Llc $1,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2021 07/19/21 Sold $6,000,000 -12.4% $1,000 / Sq Ft
05/13/2021 05/13/21 Pending -- -- --
03/11/2021 03/11/21 For Sale $6,850,000 -- $1,142 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 -- $450,480 $142,200 $308,280
2024 -- $368,940 $163,800 $176,983
2023 $0 $441,360 $163,800 $277,560
2022 $0 $468,120 $163,800 $304,320
2021 $83,707 $438,960 $163,800 $275,160
2020 $79,427 $375,240 $163,800 $211,440
2019 $75,358 $360,300 $163,800 $196,500
2018 $47,032 $369,778 $194,928 $174,850
2017 $43,548 $342,388 $204,136 $138,252
2016 $40,871 $317,027 $208,429 $108,598
2015 $17,690 $299,560 $208,226 $91,334
2014 $17,690 $285,610 $163,106 $122,504
Source: Public Records

Agents Affiliated with this Home

  • Matthew Lesser

    Seller's Agent in 2021

    Matthew Lesser

    Leslie J Garfield & Co Inc

    (212) 574-6959

    3 in this area

    107 Total Sales

    Matthew Lesser
    Section Image
  • Ravi Kantha

    Seller Co-Listing Agent in 2021

    Ravi Kantha

    Serhant

    (914) 224-2191

    1 in this area

    128 Total Sales

    Ravi Kantha
    Section Image
  • Sophie Smadbeck

    Seller Co-Listing Agent in 2021

    Sophie Smadbeck

    Leslie J Garfield & Co Inc

    (914) 274-0656

    3 in this area

    34 Total Sales

    Sophie Smadbeck
    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10874627

Real Estate Board of New York (REBNY)

APN: 0913-0024

New York New York County New York 10016 Kips Bay

247 E 32nd St, New York, NY

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Real Estate Board of New York (REBNY) This 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.

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