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Five-Unit Townhouse Apartment Building
New
For Sale
$3,300,000

216 E 32nd St, New York, NY 10016

The free-market property is fully tenant occupied, with studio and three-bedroom layouts.

Property Size2,736 SF
Days on Market6

Property Features for 216 E 32nd St

General Information

Standard status Active
Size 2,736 SF
Property subtype Multi Family
Occupancy 100%

Site & Location

Neighborhood Sunset Park
Public Transit Yes

Units

Unit Mix 4 x studio, 1 x 3BR triplex
Multifamily Units 5

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $80,004

Building Details

Building Size 2,736 SF
Year Built 1900
Units 5
Tenancy Multi
Listing Agency: Compass
Listed By: Jared Blumberg
Source: Elliman
Added: Oct 30 Changed: Nov 2 Last Checked: Nov 3 at 7:06AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass

Rey
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Investment Insights

Based on property information with market context.

At 216 E 32nd St, this 1900-built apartment property contains four studio apartments and a three-bedroom triplex. The triplex includes a recreation room and access to a private garden. All five apartments are tenant occupied, and the property is free market.

The building is in Kips Bay, near NYU Langone Medical Center, Bellevue Hospital, and corporate offices. The 6 train at 28th Street and M15, M34, and M101 bus routes provide transit access.

Key Highlights

  • Four studio apartments and one three‑bedroom triplex
  • Triplex includes a recreation room and private garden access
  • All apartments are tenant occupied

Property Analytics

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Lease Details

5
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,521
Businesses Nearby

Demographics for 10016, NY

62,336
Population
36,985
Households
1.7
Avg Household Size
34
Median Age
82%
College-Educated
97%
High-School Grad
0.5 sq mi
ZIP Area
124,672
Density / Sq Mi
$153,065
Median Household Income
$107,691
Median Earnings
$3,321
Median Rent
$928,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - The free-market property is fully tenant occupied, with studio and three-bedroom layouts.
Where is this apartment building located?
The property is located at 216 E 32nd St New York, NY.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: Four studio apartments and one three‑bedroom triplex; Triplex includes a recreation room and private garden access; All apartments are tenant occupied
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