$499,000 $525,000
Updated 14 hours ago

240 East 32nd Street, 1-A

Kips Bay, Manhattan | Third Ave & Second Ave

Studio 1 BathCo-op

$499,000 $525,000
Maintenance$1,785

Listing Features

  • Ground Floor
  • Hardwood Floors
  • High Ceilings [10']
  • Murphy Bed
  • Eat-in Kitchen
  • Open Kitchen

Outdoor space and views

  • Patio [19'x19']
  • Empire State Bldg
  • South Exposure

Building Amenities

  • Voice Intercom
  • Elevator
  • Laundry Room

Policies

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

Property Description for 240 East 32nd Street, 1-A

Tucked away on a charming, tree-lined street in the heart of Kips Bay, Residence 1A at 240 East 32nd Street offers a rare opportunity to own a fully renovated studio with a fenced in garden which is perfect for privacy & pets. This south-facing home is filled with natural light and features soaring 10-foot ceilings, beautiful Du-Château wood floors, and generous closet space throughout. The sleek, contemporary open kitchen is outfitted with a gas stovetop and a versatile dining or work counter. Step outside to your tranquil private garden oasis, where lush greenery frames views of the Empire State Building, an exceptional backdrop for outdoor dining or morning coffee. Situated within a well-kept boutique pre-war elevator building, the residence enjoys a central location just moments from NYU Medical Center, Trader Joe’s, Fairway, AMC, Grand Central Terminal, and multiple transportation options.

Listing History for 240 East 32nd Street, 1-A

Now
04/21/2026
$499,000 [-$26,000] [5%]
Price Drop by Brett Ringelheim
Compass
04/07/2026
$525,000
Initial Price by Brett Ringelheim
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

Contact Agents

Contact Agents

Licensed As
Leila Licina
Salesperson
License#:
10401381398
Company:
Compass
View this property on the company's website

Building Availability

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

Studio in Kips Bay

APPSF
Median
Average
$1,557
$710,000
$657,750
$1,107
$382,500
$469,700

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. 

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: 2121895