Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
240 E 33RD Street

For Sale · Listing by Corcoran Group

240 E 33RD Street

Kips Bay, Manhattan

$6,750,000

Interested in this property?
Active For Sale Mixed Use

$6,750,000

240 E 33RD Street

Kips Bay, Manhattan

MLS® #RLS20116145

RLS at REBNY

Listing by Corcoran Group

4
Bedrooms
5.5
Baths
N/A
Sq. Ft.
1901
Year Built

Quick Summary

Bedrooms 4
Bathrooms 6 full, 1 half
Lot Size 1,764 sq ft
Year Built 1901
Ownership None
Property Taxes $57,276/yr
Neighborhood Kips Bay
Floor 1 of 4

Property Highlights

  • Views: Other
  • Outdoor Space: None, Rooftop
  • Climate Control: Other

Property Details

Type Mixed Use
Ownership None
Total Rooms 14
Baths 5 Full, 1 Half
Floor 1 of 4
View Other
Cooling Other
Pets Yes
Year Built 1901
Structure Type MixedUse
Basement Other
Lot Size 1,764 sq ft
Parcel # 0913-0043
Block/Lot 00913/0043

Listing History

Event Date Price Change
Listed Sep 18, 2026 $6,750,000 -
Currently Sep 18, 2026 $6,750,000 -

Description

KIPS BAY TOWNHOUSE TREASURE 5,688 SF 4 BEDROOMS 5.5 BATHS ROOF TERRACE Welcome to this rare historic gem of a home located in the heart of Kips Bay. This charming 5,688-square-foot four-story townhouse combines original architectural details such as soaring ceilings, graceful arches, original doors with crystal doorknobs, gleaming hardwood floors, terrazzo accents, and two wood-burning fireplaces. The property sits on an approximately 18.75-foot-wide by 98.75-foot-deep lot and offers approximately 1,721 square feet of available air rights, allowing possibilities for future expansions with applicable approvals This lovely home offers a spacious layout offers four bedrooms, five full bathrooms (plus a powder room), a home office on the first floor, dressing rooms, a laundry/utility room and abundant room for entertaining guests. The first level is primary used as a professional office space and the 2nd - 4th floors are a residential triplex that offers a more intimate feel. The First Floor is 1,500 square feet that provides a professional office space, and this floor offers a storage space, two bathrooms and a private 156 SF patio. The residential triplex, 2nd- 4th floors, are 4,188-square-feet in total and each floor is approximately 1,396 square- feet . The 2nd floor features a bedroom, a make-shift office space, bathrooms, closets and the floor has enough room to entertain guests. The 3rd floor offers a spacious living room with a dining area, kitchen, bathrooms, closets, and it offers excellent natural light. The 4th floor offers two bedrooms, a dressing room, bathroom, closets and stair access to the roof. This home provides a rare private outdoor space that's approximately 963 Square Feet. The patio offers a lot of natural sunlight, and the patio is big enough to host guests, intimate dinners, or use this space to create your own private oasis above Manhattan. This lovely home is located in the lively Kip's Bay neighborhood in Manhattan and borders near Murray Hill and Gramercy. The transportation around the neighborhood is very convenient, considering the home is near Grand Central station, the 33rd street subway station that's 0.27 miles away , and the East 34th Street Ferry Landing is also nearby. Near the home is some of NYC" s finest restaurants, shopping, top hospitals and universities. This is a must see and this is a home you don't want to sleep on.

Features & Amenities

Interior Features

Smoke Free In Unit

Exterior Features

Private Outdoor Space Over60 Sqft None Rooftop

Building Amenities

Green Building

Building Information

Building Data View Compliance & Permits
Total Units 2
Stories 4
Structure MixedUse

Financial Details

RE Taxes $57,276/yr ($4,773/mo)

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 historic 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

129

Median Asking Price

$870K

Median $/Sqft

$1,398

Avg Days on Market

N/A

New This Week

18

Price Reduced

22%

Sold (30 Days)

10

Median Sale Price

$542K

Live data from RLS at REBNY • Updated 9/18/26, 6:35 PM EST

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Location

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240 E 33RD Street, Kips Bay, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1901
Year Built
125 years old
4
Floors
1
Residential Units
R8B
Zoning District
Primarily Residential Mixed Use

Tax & Assessment

Assessed Value: $390,720
Land Value: $303,600
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 1,852 SF
Building Area: 5,688 SF
Built FAR: 3.07
Allowed FAR: 4

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed annual property tax is $57,276, or roughly $4,773 per month. Verify the current assessment with your attorney before closing.

This property has 4 bedrooms and 5 full bathrooms and 1 half bathroom.

According to MLS records, the building was constructed in 1901, making it approximately 125 years old.

This listing is None

Pets are permitted at this property. Contact Milton Coste for weight limits or breed restrictions.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20116145
First Listed: 9/18/2026
On Market: 9/18/2026
Price Changed: 9/18/2026
Contract Date: 9/18/2026

Listing Courtesy of Corcoran Group - Alexander Weiss

Listing Contact: (201) 783-5472

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.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

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 9/18/2026 at 10:35 PM UTC

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Kips Bay Market Update

10 sales last 30 days · $870K median · 12.9 months supply

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New listings in this neighborhood

Quick Facts

Status Active Type Mixed Use Neighborhood Kips Bay Borough Manhattan
County New York
Floor 1 of 4
Year Built 1901
First Listed 9/18/2026
Annual Tax $57,276

Monthly Costs Estimate

Down Payment 20%

$1,350,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Est. Taxes $4,773
Total Monthly $0

Estimates only. Consult a lender for exact figures.

Mansion tax applies at this price point

New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $5M to $9,999,999 at 2.25%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$151,875

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

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