Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $4,450,000

· Closed July 7, 2020

254 E 33rd Street
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$4,450,000

$1,206 per sq ft

254 E 33rd Street

Kips Bay, Manhattan

MLS® #RLS10065792

RLS at REBNY

Listing by Furumoto Realty

1

Bedroom

1

Bath

3,689

Sq. Ft.

1910

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 3,689 sq ft
Year Built 1910
Neighborhood Kips Bay

Property Highlights

  • Fireplace: Wood-burning or decorative fireplace
  • Style: Prewar architecture
  • Climate Control: Building Cooling, Wall Units

Property Details

Type Single Family Residence
Total Rooms 3
Baths 1 Full
Heating Building Natural Gas, Natural Gas
Cooling Building Cooling, Wall Units
Pets Yes
Cross Street Third Avenue/Second Avenue
Year Built 1910
Living Area 3,689 sq ft
Architectural Style Prewar
Parcel # 0913-0036
Block/Lot 913/36

Description

Well-kept and clean multi-family rental building which represents an ideal investment with strong in-place cash flow or an immediate end -user opportunity.
A 17'wide,four-story plus cellar,seven(7)unit, walk-up building with approximately 3689 SF gross square feet.Located on the south side of East 33rd Street between Second and Third Avenues, the front entrance of the property lies on a quiet street steps away from vibrant neighborhoods of Murray Hill and Kips Bay.The property , which underwent a complete gut renovation in 2012, a ground floor one-bedroom floor-through apartment plus six(6) studio apartments located in the front and rear of each floor above. The apartment renovations include hardwood floors combined with tile, high efficiency stainless steel GE kitchen appliances, dark wood cabinetry with black quarts counters,renovated bathrooms with new tile, glass-enclosed shower, a teak vanities and high-end fixtures. All units have tremendous amounts of natural light.The building amenities include security cameras with access controls, hidden outdoor garbage cabinets, sprinkler system, a state of the art gas boiler with baseboard radiators, gas fired hot water heater with a pressure pump and fully renovated common areas.
FAR as build 3 Max FAR 7.52 Zoning C1-8A/R-9A. Air rights 5585 SF.
All Free Market Units.
Near major transportation, restaurants, cafes, theaters, shopping,and schools.
truly a tern key investment property. Currently , most of units rent below market ,strong upside potential. Please contact Yoko Evans for any questions.

Features & Amenities

Interior Features

Common Area Fireplace

Building Information

Stories 4
Style Prewar

Kips Bay is a relaxed and highly convenient residential neighborhood located on the East Side of Manhattan. Known for its mix of mid-century high-rises and charming brick townhouses, it offers a more approachable price point than its neighbors to the north and south. Residents enjoy proximity to the East River Esplanade, a variety of local dining options, and easy access to the city's major medical centers and Midtown business hubs.

Kips Bay Live Market Data

View Neighborhood

Active Listings

108

Median Asking Price

$823K

Median $/Sqft

$1,722

Avg Days on Market

N/A

New This Week

12

Price Reduced

34%

Sold (30 Days)

11

Median Sale Price

$861K

Live data from RLS at REBNY • Updated 3/25/26, 12:25 PM EST

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Location

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254 E 33rd Street, Kips Bay, New York County • Near Third Avenue/Second Avenue

Floor Plans

Floor Plan
MLS® ID: RLS10065792
First Listed: 1/1/1900
Price Changed: 5/3/2017
Closed: 7/7/2020
Contract Date: 7/25/2015

Listing Courtesy of Furumoto Realty - Yoko Evans

Listing Contact: (212) 758-8118

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing 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. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

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Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 3/25/2026 at 4:25 PM UTC

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