Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
240 E 32nd Street #1A
Interested in this property?
Active For Sale Co-op

$499,000

240 E 32nd Street #1A

Kips Bay, Manhattan

MLS® #RLS20076695

RLS at REBNY

Listing by Compass

Open Houses Scheduled

Tuesday, May 26 • 5:00 PM – 6:00 PM

Thursday, May 28 • 5:00 PM – 6:00 PM

REBNY 2025: signed Buyer Representation Agreement required before any showing.

Studio

1

Bath

N/A

Sq. Ft.

1930

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Year Built 1930
Ownership Co-op
Maintenance $1,785/mo
Neighborhood Kips Bay
Floor 1 of 4

Property Highlights

  • Views: City
  • Outdoor Space: Patio
  • Style: WalkUp architecture

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 1 of 4
View City
Pets Yes, CatsOk, DogsOk
Year Built 1930
Architectural Style WalkUp
Flooring Hardwood
Furnished Unfurnished
Block/Lot 00912/0043

Listing History

Event Date Price Change
Listed Apr 7, 2026 $499,000 -
Price Reduced Apr 21, 2026 $525,000 +5.2%

Description

Tucked away on a charming, tree-lined street in the heart of Kips Bay, Residence 1A at 240 East 32nd Street offers a rare opportunity to own a fully renovated studio with a private garden retreat. This south-facing home is filled with natural light and features soaring 10-foot ceilings, beautiful Du-Château wood floors, and generous closet space throughout. The sleek, contemporary open kitchen is outfitted with a gas stovetop and a versatile dining or work counter. Step outside to your tranquil private garden oasis, where lush greenery frames views of the Empire State Building, an exceptional backdrop for outdoor dining or morning coffee. Situated within a well-kept boutique pre-war elevator building, the residence enjoys a central location just moments from NYU Medical Center, Trader Joe’s, Fairway, AMC, Grand Central Terminal, and multiple transportation options.

Features & Amenities

Interior Features

Eat In Kitchen High Ceilings Common On Floor Common Area Flooring: Hardwood

Exterior Features

Building Garden Private Outdoor Space Over60 Sqft Patio

Building Amenities

Elevators

Building Information

Building Data View Compliance & Permits
Total Units 20
Stories 4
Style WalkUp

Financial Details

Maintenance $1,785/mo
Previous Price $525,000

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

$845K

Median $/Sqft

$1,474

Avg Days on Market

N/A

New This Week

7

Price Reduced

26%

Sold (30 Days)

4

Median Sale Price

$750K

Live data from RLS at REBNY • Updated 5/22/26, 4:44 PM EST

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Location

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240 E 32nd Street #1A, Kips Bay, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1930
Year Built
96 years old
4
Floors
20
Residential Units
R7B
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $1,747,800
Land Value: $129,150
Exemptions: $2,290

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

Lot Area: 3,703 SF
Building Area: 10,275 SF
Built FAR: 2.77
Allowed FAR: 3

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 monthly maintenance are $1,785 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $0, or roughly $0 per month. Verify the current assessment with your attorney before closing.

This property has 0 bedrooms and 1 full bathroom.

According to MLS records, the building was constructed in 1930, making it approximately 96 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property. Contact the listing broker 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: RLS20076695
First Listed: 3/12/2026
On Market: 4/7/2026
Price Changed: 4/21/2026
Contract Date: 2/18/2026

Listing Courtesy of Compass - Brett R Ringelheim

Listing Contact: (516) 233-8849

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 5/22/2026 at 8:44 PM UTC

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