226 E 32nd St
Manhattan, NY 10016
Kips Bay- 5 Beds
- 5.5 Baths
5 Beds
5.5 Baths
Home Highlights
Outdoor
Yes
HOA
None
Listed
76 days ago
Local Information
-- mins to
About this House
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.
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 8 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: 76 |
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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 |
Market trends in New York
Last updated June 2026
Avg. sale price
$767K
$4.33KMoM
Sale-to-List Price
97.9%
0.1%MoM
Price per sq ft
$653
$10MoM
Available listings
18631
48MoM
Price History for 226 E 32nd St
| Date | Price | Event | Source |
|---|---|---|---|
| 05/13/2026 | $5,500,000 | Listed For Sale | StreetEasy #S1826790 |
| 02/23/2020 | $5,400,000 | ListingRemoved | Agent Provided |
| 10/17/2019 | $5,400,000 | Listed For Sale | Agent Provided |
| 12/08/2017 | $5,400,000 | ListingRemoved | Agent Provided |
| 11/27/2017 | $5,400,000 | Pending | Agent Provided |
| 07/06/2017 | $5,400,000 | PriceChange | Agent Provided |
| 05/02/2017 | $5,495,000 | PriceChange | Agent Provided |
| 04/17/2017 | $5,759,000 | PriceChange | Agent Provided |
| 01/10/2017 | $5,999,000 | PriceChange | Agent Provided |
| 11/10/2016 | $6,175,000 | PriceChange | Agent Provided |
| 09/20/2016 | $6,200,000 | PriceChange | Agent Provided |
| 06/21/2016 | $6,395,000 | PriceChange | Agent Provided |
| 03/09/2016 | $6,495,000 | Listed For Sale | Agent Provided |
| 01/27/2004 | $240,500 | Sold | N/A |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $8,318 |
| Assessment | $1,175,000 |
Home facts updated by county records
Comparable Sales for 226 E 32nd St
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 homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 226 E 32nd St.
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.
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