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.
Active
$3,300,000
216 E 32nd St, New York, NY 10016
9beds
--sqft
Rental Unit
Built in 1900
-- sqft lot
$3,217,600 Zestimate®
$--/sqft
$-- HOA
What's special
Four studio apartmentsPrivate garden accessRecreation roomLarge three bedroom triplex
- 4 days
- 181
- 20
Zillow last checked:
Listing updated:
Listed by:
Compass 917-363-7436,
Michael Weil,
Jared Blumberg
Source: StreetEasy,MLS#: S1855619
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 7
- Full bathrooms: 7
Appliances
- Laundry: Inside
Features
- Has fireplace: No
Property
Features
- Patio & porch: Other
- Exterior features: Courtyard
Details
- Special conditions: Resale
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Rental Unit
Condition
- Year built: 1900
Community & HOA
Community
- Subdivision: Kips Bay
HOA
- Has HOA: Yes
- Amenities included: Laundry
Location
- Region: New York
Financial & listing details
- Date on market: 10/29/2026
Estimated market value
$3,217,600
$3.06M - $3.38M
$13,113/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/29/2026 | Listed for sale | $3,300,000-33.7% |
Source: StreetEasy #S1855619 Report a problem | ||
| 11/6/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 9/15/2023 | Listed for rent | $12,000 |
Source: Zillow Rentals Report a problem | ||
| 5/1/2015 | Listing removed | $4,975,000 |
Source: The Heller Organization Report a problem | ||
| 11/26/2014 | Listed for sale | $4,975,000 |
Source: The Heller Organization Report a problem | ||
Public tax history
Tax history is unavailable.








