$5,500,000
- 5 Beds
- 5.5 Baths
226 E 32nd St, Manhattan, NY 10016
Est. Mortgage $32,768/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 1910
Local Information
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About this House
RENTAL UNITS ARE GREATLY UNDER MARKET - ESTIMATED ANNUAL RENT IS $312K/YEAR.
226 East 32nd Street is a meticulously maintained five-story townhouse configured as four well-laid-out residences, including a garden duplex with private outdoor space and three one-bedroom floor-through units above.
This turnkey property offers the rare opportunity to move in or rent immediately, without the cost or disruption of a renovation. It's ideal for an owner-occupant seeking a comfortable residence with strong supplemental income from the additional units.
For an owner-occupant, the numbers tell a compelling story. With 30% down and rental income from the three upstairs units applied against carrying costs, the net monthly cost of owning the entire building comes to roughly $22,000. By comparison, renting a comparable garden duplex alone in this neighborhood could run approximately $12,000 per month. For about $10,000 more per month, a buyer can own the entire five-story townhouse outright, building equity and long-term value instead of paying rent indefinitely.
226 East 32nd Street combines condition, configuration, and location for an exceptional opportunity, whether for an end-user or an investor seeking immediate usability and long-term value.
Additional notes:
With four units, the property may qualify for exemption from the pied-à-terre tax; buyers should confirm with their attorney.
A full staircase provides roof access, offering potential for a roof deck, subject to DOB approval.
Monthly cost estimates assume 30% down and prevailing jumbo mortgage rates; actual terms vary by buyer and lender and should be confirmed with a mortgage professional.
226 East 32nd Street is a meticulously maintained five-story townhouse configured as four well-laid-out residences, including a garden duplex with private outdoor space and three one-bedroom floor-through units above.
This turnkey property offers the rare opportunity to move in or rent immediately, without the cost or disruption of a renovation. It's ideal for an owner-occupant seeking a comfortable residence with strong supplemental income from the additional units.
For an owner-occupant, the numbers tell a compelling story. With 30% down and rental income from the three upstairs units applied against carrying costs, the net monthly cost of owning the entire building comes to roughly $22,000. By comparison, renting a comparable garden duplex alone in this neighborhood could run approximately $12,000 per month. For about $10,000 more per month, a buyer can own the entire five-story townhouse outright, building equity and long-term value instead of paying rent indefinitely.
226 East 32nd Street combines condition, configuration, and location for an exceptional opportunity, whether for an end-user or an investor seeking immediate usability and long-term value.
Additional notes:
With four units, the property may qualify for exemption from the pied-à-terre tax; buyers should confirm with their attorney.
A full staircase provides roof access, offering potential for a roof deck, subject to DOB approval.
Monthly cost estimates assume 30% down and prevailing jumbo mortgage rates; actual terms vary by buyer and lender and should be confirmed with a mortgage professional.
Contact this Building
Last check for updates: about 3 hours ago
Listing by: Leslie J. Garfield, (646) 894-3736
Cathy Connolly
Source: StreetEasy, MLS#S1826790
Home Details for 226 E 32nd St
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MLS Status: Active |
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Interior Details Number of Rooms: 10 |
Beds & Baths Number of Bedrooms: 5Number of Bathrooms: 6Number of Bathrooms (full): 5Number of Bathrooms (half): 1 |
Appliances & Utilities Appliances: DishwasherDishwasher |
Heating & Cooling No Cooling |
Fireplace & Spa No Fireplace |
Windows, Doors, Floors & Walls Flooring: Hardwood |
Levels, Entrance, & Accessibility Floors: Hardwood |
View Has a ViewView: Garden |
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Exterior Home Features Patio / Porch: OtherExterior: GardenGarden |
Parking & Garage No Garage |
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Days on Market: 122 |
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Year Built Year Built: 1910 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
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Price List Price: $5,500,000 |
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Direction & Address City: ManhattanCommunity: Kips Bay |
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Listing Agent Listing ID: S1826790 |
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HOA Fee: No HOA Fee |
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Special Conditions: Resale |
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Mls Number: S1826790Listing Url |
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STREETEASY Property ID: 8560655STREETEASY Building ID: 16054 |
Around this home
What Locals Say about Kips Bay
At least 236 Trulia users voted on each feature.
91 % Say it's walkable to grocery stores
90 % Say there are sidewalks
90 % Say it's walkable to restaurants
89 % Say it's dog friendly
81 % Say streets are well-lit
76 % Say people would walk alone at night
55 % Say there's holiday spirit
47 % Say kids play outside
45 % Say they plan to stay for at least 5 years
42 % Say neighbors are friendly
35 % Say it's quiet
31 % Say parking is easy
26 % Say there are community events
20 % Say yards are well-kept
17 % Say there's wildlife
16 % Say car is needed
Sourced by Trulia users. Learn more about our methodology.
Market trends in New York
Last updated August 2026
Avg. sale price
$794K
$26.67KMoM
Sale-to-List Price
98.0%
0.1%MoM
Price per sq ft
$679
$26MoM
Available listings
16526
1221MoM
Home Value
Trulia Estimate
$5.41MSince last month
Increased$3M (+170.5%)Since last year
Increased$3M (+144.8%)Since last sale
Increased$5M (+2,149.5%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value decreased by -10% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $5.41M |
| August 2026 | $1.94M |
| July 2026 | $2M |
| June 2026 | $1.94M |
| May 2026 | $1.89M |
| April 2026 | $2.12M |
| March 2026 | $2.19M |
| February 2026 | $2.13M |
| January 2026 | $2.13M |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.18 | Multi-Family Home | $4,050,000 | 01/05/26 | 10 | 4 | 5,906 | |
0.82 | Multi-Family Home | $3,300,000 | 04/03/26 | 6 | 4 | 3,416 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.01 | $4,376,500 | 5 | 5 | 3,984 | Off Market | |
0.02 | $4,265,900 | 4 | 4 | 4,080 | Off Market | |
0.03 | $480,600 | Studio | 1 | - | Off Market | |
0.03 | $499,000 | Studio | 1 | - | For Sale | |
0.03 | $1,169,000 | 2 | 2.5 | 1,400 | For Sale | |
0.05 | - | 1 | 1 | - | Off Market | |
0.03 | $8,500,000 | 4 | 6 | 9,071 | For Sale | |
0.05 | - | 4 | 5.5 | 5,688 | Off Market | |
0.04 | - | 2 | 2 | - | Off Market | |
0.04 | $3,999,000 | 2 | 3 | 3,125 | For Sale | |
0.05 | $785,600 | 1 | 1 | 714 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
May 13, 2026 Source: StreetEasy #S1826790 | Listed For Sale | $5,500,000 |
Feb 23, 2020 Source: Agent Provided | ListingRemoved | $5,400,000 |
Oct 17, 2019 Source: Agent Provided | Listed For Sale | $5,400,000 |
Dec 8, 2017 Source: Agent Provided | ListingRemoved | $5,400,000 |
Nov 27, 2017 Source: Agent Provided | Pending | $5,400,000 |
Jul 6, 2017 Source: Agent Provided | PriceChange | $5,400,000 Price decreased by 2% |
May 2, 2017 Source: Agent Provided | PriceChange | $5,495,000 Price decreased by 5% |
Apr 17, 2017 Source: Agent Provided | PriceChange | $5,759,000 Price decreased by 4% |
Jan 10, 2017 Source: Agent Provided | PriceChange | $5,999,000 Price decreased by 3% |
Nov 10, 2016 Source: Agent Provided | PriceChange | $6,175,000 Price decreased by 0% |
Sep 20, 2016 Source: Agent Provided | PriceChange | $6,200,000 Price decreased by 3% |
Jun 21, 2016 Source: Agent Provided | PriceChange | $6,395,000 Price decreased by 2% |
Mar 9, 2016 Source: Agent Provided | Listed For Sale | $6,495,000 |
Jan 27, 2004 Source: N/A | Sold | $240,500 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $8,318 | $1,175,000 |
Home facts updated by county records
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Frequently asked questions about 226 E 32nd St
- What is the estimated monthly payment for 226 E 32nd St?Based on a $5,500,000 list price with 20% down at today's rates, the estimated monthly payment for 226 E 32nd St in Manhattan, NY is approximately $33,559 (about $29,359 principal & interest, $4,125 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 226 E 32nd St compare to homes in Manhattan?226 E 32nd St in Manhattan, NY is listed at $5,500,000, about 593% above the $794K median sale price in Manhattan.
- What do residents say about the Kips Bay neighborhood?Residents describe the Kips Bay neighborhood in Manhattan, NY as walkable to grocery stores, pedestrian-friendly, and walkable to restaurants. See homes for sale in Kips Bay, Manhattan.
- What are the closest schools to 226 E 32nd St?The closest schools to 226 E 32nd St in Manhattan, NY are Jhs 104 Simon Baruch (Middle, rated 8/10), Manhattan Academy For Arts And Languages (High, rated 4/10), Ps 116 Mary Lindley Murray (Pre-K/Elementary, rated 5/10).

