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216 East 32nd StreetNew York, NY 10016

For Sale

$3,300,000

Smart Buyer Rebate $41,250

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.

Listed by Jared Blumberg

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Compass

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(917) 445-1459

Listed by Michael Weil

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Compass

Last updated October 29, 2026

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Source: REBNY #RLS20121877

RLS Data display by Prevu Real Estate LLC

Listing Facts

  • TypeMulti-family
  • NeighborhoodRose Hill
  • Bedrooms9
  • Bathrooms7
  • Days on Prevu2
  • Taxes$80,004/year
  • Size2,736 sqft
  • Price per sqft$1,206

Location

Mortgage Calculator

Listing History

10/29/2026
Listed by Compass
$3,300,000
  1. 10/29/2026$3,300,000
    Listed by Compass

Estimated Closing Costs

Attorney Fees
$4,000
NYC Mansion Tax
$49,500
Title Insurance
$14,850
Bank Attorney
$1,500
Mortgage Recording Tax
$50,820
Other Closing Costs
$4,000
Total
$124,670

Estimated closing costs are based on the list price of $3,300,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 216 East 32nd Street

Association

Amenities

  • Pets Allowed: Building No, No

Exterior

Construction

  • Number Of Units Total: 5
  • Stories Total: 3
  • Structure Type: Multi Family
  • Year Built: 1900
  • Entry Level: 1

Measurements

  • Building Area Total: 2,736
  • Building Area Units: SquareFeet
  • Lot Size Area: 1,851
  • Lot Size Dimensions: 18
  • Lot Size Units: SquareFeet

Financial

Taxes

  • Parcel Number: 0912-0056
  • Tax Annual Amount: $80,004.00

Interior

Measurements

  • Living Area: 2,736
  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 7
  • Bathrooms Total Integer: 7
  • Bedrooms Total: 9
  • Rooms Total: 12

Other

Location

  • City Region: Manhattan
  • Subdivision Name: Kips Bay
  • Tax Block: 00912
  • Tax Lot: 0056

Utilities

Equipment

  • Laundry Features: See Remarks

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 9 bedrooms and 7 bathrooms in this multi-family home at 216 East 32nd Street.

What are the annual taxes for 216 East 32nd Street?

Annual taxes for this multi-family home are estimated at $80,004.

How does 216 East 32nd Street compare to other multi-family homes in Rose Hill?

This multi-family home is listed 41% below the average price for multi-family homes in Rose Hill and has been on the market for 112 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 2,736 sqft.

216 East 32nd Street is a 9-bedroom, 7-bath multi-family home for sale in New York NY 10016. Listed on Prevu for 2 days at $3,300,000. This property features 2,736 square feet of living space, located in Rose Hill. The median listing price for multi-family homes in this area is $1,025,000. View other multi-family home listings in Manhattan.

RLS Data display by Prevu Real Estate LLC The Registrant acknowledges each other RLS Broker's ownership of, and the validity of their respective copyright in, the Exclusive Listings that are transmitted over the RLS. The information is being provided by RLS at REBNY Listing Service, Inc. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. 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 RLS at REBNY Listing Service, Inc. All rights reserved. Based on information from the Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity. 2026 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.