Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $16,900,000

· Closed November 24, 2015

215-217 E 26th Street
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Closed For Sale Mixed Use

$16,900,000

$923 per sq ft

215-217 E 26th Street

Kips Bay, Manhattan

MLS® #RLS10070960

RLS at REBNY

Listing by Stephen P. Wald Real Estate Associates

Studio

0

Bath

18,315

Sq. Ft.

1912

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 0
Living Area 18,315 sq ft
Year Built 1912
Neighborhood Kips Bay

Property Highlights

  • Views: City
  • Style: Prewar architecture
  • Climate Control: Building Cooling, Window Units

Property Details

Type Mixed Use
Baths 0 Full
View City
Heating Building Oil, Oil
Cooling Building Cooling, Window Units
Cross Street Third Avenue/Second Avenue
Year Built 1912
Living Area 18,315 sq ft
Architectural Style Prewar
Block/Lot 907/1112

Description

Stephen P. Wald Real Estate Associates, Inc. has been exclusively retained to represent the sale of 215 and 217 East 26th Street, which consists of 2 contiguous, mixed-use apartment buildings. Built in 1912, the buildings have a total of 26 residential units and 4 commercial units. The rent roll is substantially below market on all free market apartments and the rent controlled tenant is in the process of being evicted due to illegal subletting. One of the four retail tenants is on a month-to-month basis, providing a significant upside for the owner. All building mechanicals in good condition and all free market apartments recently renovated. This property represents excellent upside potential. FULL SETUP INCLUDING RENT ROLL AVAILABLE AT http://www.waldrealestate.com/portfolio/building-215-217-east-26th-st/

Building Information

Stories 5
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

110

Median Asking Price

$823K

Median $/Sqft

$1,709

Avg Days on Market

N/A

New This Week

11

Price Reduced

34%

Sold (30 Days)

10

Median Sale Price

$861K

Live data from RLS at REBNY • Updated 3/26/26, 5:23 AM EST

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Location

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215-217 E 26th Street, Kips Bay, New York County • Near Third Avenue/Second Avenue

MLS® ID: RLS10070960
First Listed: 2/17/2015
Closed: 11/24/2015
Contract Date: 2/16/2015

Listing Courtesy of Stephen P. Wald Real Estate Associates - Cody Parker

Listing Contact: (212) 750-9253

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.

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RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 3/26/2026 at 9:23 AM UTC

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