New York (Kips Bay), NY, 10016 | $5,500,000

Situated on a quiet, sun-filled block in the heart of Kips Bay, 226 East 32nd Street is a beautifully maintained five-story townhouse configured as four thoughtfully laid-out residences, including a charming garden duplex with private outdoor space.

This turnkey property has been carefully cared for over the years, offering the rare opportunity to move in or rent immediately without the uncertainty, expense, or disruption of a renovation. The layout is ideally suited for an owner seeking a comfortable live-in residence with strong supplemental income from the additional units.

Moments from Grand Central Station, The Morgan Library & Museum, and the Empire State Building, the neighborhood also offers the ease of everyday living, with a movie theater just around the corner and an excellent mix of local restaurants and coffee shops that give the area an inviting vibe.

226 East 32nd Street presents a rare combination of condition, configuration, and location-an ideal opportunity for an end-user or investor seeking immediate usability and long-term value.

Added bonus: there is a full staircase to the roof, making it much easier for one to add a roof deck. Please check with DOB for approval.

Features

  • Town: New York
  • Cooling: Other
  • Levels: 1
  • Rooms: 10
  • Bedrooms: 5
  • Baths: 5 full / 1 half
  • Lot Size: 98.00x16.00
  • Laundry: Building Other,Washer Hookup,In Unit
  • Year Built: 1910
  • Approx Sq. Feet: 4,590
  • Est. Taxes: $67,788
  • View: Other
  • Pet Policy: Building Yes,No
  • Appliances: Washer Dryer Allowed
  • MLS#: RLS20092524
  • Days on Market: 11 days
  • Website: https://www.raveis.com
    /prop/RLS20092524/226e32ndstreet_newyork_ny?source=qrflyer
Copyright © 2026  The Real Estate Board of New York, Inc., All rights reserved
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Leslie J Garfield & Co Inc   Phone: (212) 371-8200

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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New York (Kips Bay), NY, 10016

$5,500,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $4,400,000 $4,400,000 $4,400,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.125% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.117% 6.235% 6.058%
Monthly Tax Payment $5,649 $5,649 $5,649
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $24,639 $26,735 $36,833
Total Monthly Payment $30,413 $32,509 $42,607

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.