216 E 32nd Street
$3,300,000
MLS# RLS20121877 · Kips Bay
Listed October 29, 2026 · New today
9 Beds 7 Baths 2,736 Sq.Ft.
About This Property
Income producing multi-family townhouse for sale in Kips Bay. This fully free market property has four studio apartments, and one large three bedroom triplex with recreation room and private garden access. 216 East 32nd is set mid-block on a quiet Kips Bay residential street, with proximity to NYU Langone Medical Center, Bellevue Hospital, and major corporate offices, with convenient access to the 6 train at 28th Street and multiple bus lines (M15, M34, M101). All apartments are currently tenant occupied. Kips Bay is a historically stable neighborhood with consistent demand, making this property ideal for long term holders, or value add investors.
Curtis Bain
Brown Harris Stevens
Estimate
Monthly Cost & Closing Costs
The rate is a placeholder, not a quote. Enter the one your lender gives you.
$23,354 / month
- Principal and interest$16,687
- Property taxes$6,667
Due at closing
- Down payment (20%)$660,000
- NYS “mansion tax” (1.5%)$49,500
- Mortgage recording tax (1.925%)$50,820
Not included: attorney, title insurance, lender and appraisal fees, board application and move-in fees, flip tax and prepaid items. Estimates only, based on the published New York State rates. Your attorney and lender will confirm the real figures.
Listing Courtesy of Compass
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.