Updated 5 days ago
In contract

240 East 32nd Street, 2-E

Kips Bay, Manhattan | Third Ave & Second Ave

3 Rooms1 Bed1 BathCo-op

$499,000
Maintenance$1,470

Listing Features

  • Exposed Brick
  • Hardwood Floors
  • Recessed Lighting
  • Open Kitchen
  • S Steel Appliances

Building Amenities

  • Voice Intercom
  • Elevator
  • Laundry Room

Policies

  • Pets Allowed. Case by Case
  • Pieds A Terre Ok

Property Description for 240 East 32nd Street, 2-E

Kips Bay Gem! This bright one-bedroom co-op apartment is located on the second floor of a well-maintained intimate 36 unit walk-up. Featuring great natural light, hardwood floors throughout, and a functional layout, that offers both comfort and convenience. The bathroom includes a full bathtub. A gracious foyer with an arched doorway creates an ideal work-from-home space or a welcoming entry. The open kitchen with exposed brick gives character and color to the already charm of this unit. The expansive living room offers two windows and ample living space and room for a dining. table. The generously proportioned bedroom easily accommodates a king-size bed and additional furniture. Building Notes: live-in superintendent pet-friendly landscaped common garden with a BBQ area. Storage is available in the building. Pieds-à-terre, parents purchasing for children, guarantors. Subletting is permitted. Leases for subtenants must be for a minimum term of 12 months and a maximum term of 24 months, unless expressly approved by the Co-op Board. Leases may be renewed for consecutive one- to two-year terms. The apartment is ideally situated close to transportation, popular restaurants, cafés, and neighborhood essentials. A perfect opportunity to enjoy classic Manhattan living in the heart of Kips Bay.

Listing History for 240 East 32nd Street, 2-E

Now
06/04/2026
Contract Signed by Lisa J. Lonuzzi
Compass
02/10/2026
$499,000
Initial Price by Lisa J. Lonuzzi
Compass

Building Details for 240 East 32nd Street

OwnershipCo-op
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessElevator
Year Built1930
Floors/Apts5/20
Learn More About the Building

Transit and Citi Bike

Subway

33 St
0.22 miles
28 St
0.3 miles

Citi Bike

E 31 St & 3 Ave
0.05 miles
2 Ave & E 31 St
0.11 miles

Ferry

East 34th Street
0.42 miles

Building Availability

APPSF
Median
Average
-
$499,000
$499,000
-
$499,000
$499,000

One Bed in Kips Bay

APPSF
Median
Average
$1,358
$710,000
$903,022
$1,625
$995,000
$968,929

Kips Bay | Manhattan

Quick Profile

If you take a walk through Kips Bay, which is loosely defined as the area between 23rd street and 34th street and the East River to almost Lexington, you’ll quickly learn it's a hodgepodge of sorts and not as well defined as other neighborhoods in New York City. Some New Yorkers say Kips Bay has an identity crisis because 1st, 2nd, and 3rd avenues are distinctly different from one another as you traverse them. Despite the perceived lack of neighborhood vibe there are others that appreciate its affordability and convenience.  

First Avenue is dominated by hospitals and hospital buildings such as NYU Medical Center and Bellevue Hospital to name a few. Second Avenue is a mosaic of convenience stores, fast food joints and nondescript brick buildings. Third Avenue is saturated with small bars and gastropubs and the twenty somethings that patronize them. 

No judgement against Kips Bay here. It’s a great neighborhood that is just as much a part of New York City as any other neighborhood. Kips Bay It’s bordered by Murray Hill to the North, Stuyvesant Town and Gramercy Park to the South, and Rose Hill to the West. The neighborhood is partly defined by newer high-rise apartments, brick rowhouses, and former tenement buildings. 

Similar Listings in Kips Bay

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 2166495