Active

216 E 32nd Street

New York City NY, 10016

$3,895,000


$1,038.11 per sqft

Active

9 Beds

7 Baths

3,752 sqft

Multi-family

Built in 1900

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!

RLS11027772

MLS ID

January 8, 2025

Listed

February 4, 2025

Updated

Map

216 E 32nd Street
New York City NY, 10016

Interior Features

Total Stories

3


Bedrooms

9


Total Bathrooms

7


Full Bathrooms

7


Interior Features

Recessed Lighting


Appliances

Cooktop, Dryer, Dishwasher, Gas Cooktop, Refrigerator, Range Hood, Stainless Steel Appliance(s), Washer


Laundry Description

See Remarks


Floor Description

Hardwood


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

No

Exterior/Building Features

Exterior Features

Private Yard

Other Property Details

Taxes

$70,416


Tax Frequency

Annually


HOA Frequency

Monthly


Garage

No


View

No


County

NewYork


Pool

No

RLS Data display by Steven Giles with Compass
Listing Contact: (212) 671-0273 

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. ©2025 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.This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025  The Real Estate Board of New York, Inc., All rights reserved

Data last updated on 2/4/2025 at 11:13 PM UTC

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