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Renovated Mixed-Use Building
For Sale
Contact for pricing
Pending

250 E 32nd St, New York, NY 10016

Four-story property combines medical office space with two residential apartments.

Property SizeContact for details
Days on Market142

Property Features for 250 E 32nd St

General Information

Standard status Pending
Property subtype Mixed Use
Net Operating Income $185,950

Units

Unit Mix 1 x Studio, 1 x Duplex Penthouse
Multifamily Units 2
Office Units 1

Additional Details

Asking Price $4,250,000

Building Details

Buildings 1
Stories 4
Tenancy Multi
Listing Agency: BLU Real Estate
Listed By: Andrew Stearn · License #NY 10401386619
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 7:05PM

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 BLU Real Estate

Investment Insights

Based on property information with market context.

Located at 250 East 32nd Street in Manhattan’s Kips Bay neighborhood, this four-story mixed-use building combines medical office space with residential accommodations. The ground floor and lower level are configured for dental or medical use, with plumbed treatment rooms, lab space, pump and vacuum systems, and X-ray-ready areas. The second floor contains a studio apartment, while the upper two floors form a duplex penthouse with hardwood floors, an in-unit washer/dryer, and a private roof deck.

The building was renovated to modern standards approximately 10 years ago, including updated plumbing, electrical systems, and mechanicals. Its current layout accommodates a professional medical or dental operation alongside residential occupancy.

The property is surrounded by medical centers, retail stores, and restaurants, with proximity to NYU Langone, Trader Joe’s, and other high-traffic destinations. The address is 250 E 32nd St, New York, NY 10016.

Key Highlights

  • Four‑story mixed‑use building with medical office and residential components
  • Ground floor and lower level outfitted for dental or medical use
  • Medical infrastructure includes plumbed treatment rooms, lab space, pump and vacuum systems, and X‑ray‑ready areas

Property Analytics

Current Use

Designer Braces: Stearn, ... Dental Office Zubad Newaz, DDS Dental Office Team Dental NYC Dental Office

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Buffet Butcher Pet Grooming Service Auto Parts Store Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Office units
2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

46,936
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

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Four-story property combines medical office space with two residential apartments.
Where is this mixed-use property located?
The property is located at 250 E 32nd St New York, NY.
What are key features of this property?
This property features: Four‑story mixed‑use building with medical office and residential components; Ground floor and lower level outfitted for dental or medical use; Medical infrastructure includes plumbed treatment rooms, lab space, pump and vacuum systems, and X‑ray‑ready areas
More about this property
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