Kips Bay, Manhattan, NY 10016
Property Type
Co-Op
Views
City
Pets Allowed
Yes
Year Built
1930
Maintenance/CC
$2,447 (Monthly)
Financing Allowed
80%
Home Style
Prewar
Listing courtesy of Nick Oliver of Hauseit LLC.
Sponsor Unit in an elevator building: spacious apartment on a quiet, tree-lined Kips Bay block, offering 744 square feet with an unusually versatile layout. Currently configured as a true two-bedroom with a large living room, generous bedroom, and second bedroom, with both bedrooms benefiting from excellent natural light. Please note that the photos show the apartment staged as a one-bedroom, but the unit is a two-bedroom. Two sets of wide triple windows provide a bright, open feel. The home is in very good condition, with hardwood floors throughout and exceptional storage, including four full closets plus additional storage in the foyer, kitchen, and bathroom area. The separate kitchen features updated appliances, while still offering an opportunity for a future owner to update to their taste. The bathroom is well maintained and charming, with classic tile and a full bathtub. The apartment offers the rare combination of being immediately comfortable while still providing meaningful opportunities to customize and add value over time. This is a sponsor sale with no board approval required. An excellent month-to-month, free-market tenant currently occupies the unit, or a buyer may immediately occupy the unit. 240 East 32nd Street is a well-maintained, pet-friendly elevator co-op with laundry in the building, a superintendent, and a ButterflyMX video intercom system. The building is in good financial standing, with no current assessment. Financing up to 80% is permitted. Monthly maintenance is $2,447.03, and approximately 55% is tax-deductible for an owner-occupant. The location combines a quiet residential setting with exceptional convenience. Trader Joes is just steps away on the same block, Target is nearby, and the 6 train at 33rd Street is about five minutes away. NYU Langone and Bellevue are both close by, along with the restaurants, bars, and neighborhood conveniences of Third Avenue. The East 34th Street Ferry is also within easy reach.
1
1
2
Manhattan
80%
RLS20119427
$2,447 (Monthly)
Kips Bay
Co-Op
City, Yes - City
1930
Elevator(s), Package Room
Elevator(s), Package Room
Building Inside, Common Area, None
Prewar
1930
Stock Cooperative
Yes
Kips Bay
Manhattan
City, Yes - City
$2,447 (Monthly)
80%
Dishwasher
Hardwood
Unfurnished
5
Total$4,957.95/Month
*The values provided are approximate. For more precise information, please contact a BHS agent who can offer further assistance.
240 East 32nd Street #3E, New York City, NY
Open in Google Maps| Address | Size | Sold For |
|---|---|---|
| 343 East 30th Street #17A #17AKips Bay | 1 BR / 1 BA | $830,000 |
| 343 East 30th Street, #17A #17AKips Bay | 1 BR / 1 BA | $830,000 |
| 251 East 32nd Street #12A #12AKips Bay | 2 BR / 1 BA | $766,150 |
| 201 East 28th Street #5R #5RKips Bay | 1 BR / 1 BA | $575,000 |
| 201 East 28th Street, #5R #5RKips Bay | 1 BR / 1 BA | $575,000 |
| 201 East 28th Street #16G #16GKips Bay | 1 BR / 1 BA | $7,075,009 |
| 201 East 28th Street #9N #9NKips Bay | 1 BR / 1 BA | $542,000 |
| 145 Lexington Avenue #3 #3Kips Bay | 2 BR / 2 BA | $1,575,000 |
| 160 East 27th Street #11E #11EKips Bay | 1 BR / 1 BA | $639,000 |
| 200 East 36th Street, #16C #16CKips Bay | 1 BR / 1 BA | $760,000 |
| 305 East 24th Street #15F #15FKips Bay | 1 BR / 1 BA | $690,000,690 |
| 200 East 24th Street #1106 #1106Kips Bay | 2 BR / 1.5 BA | $860,000 |
Closed sales recorded by Brown Harris Stevens agents.

Kips Bay is a residential neighborhood on Manhattan’s East Side, generally located between Murray Hill and Gramercy Park, extending east toward the East River. Known for its mix of historic and…
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Last Updated: Oct 23, 2026 at 4:36 PM
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