---
title: "157 East 32nd Street #3E, New York City, NY 10016"
description: "157 East 32nd Street #3E, New York City, NY 10016 — Kips Bay, New York City, NY. Listing Price $549,000. In contract 8/4/2026. Studio bed, 1 bath, 500 sqft Illustrative Buyer Commission Share of $8,235 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/157-east-32nd-street-e-3E-ny-10016"
source: "Real Estate Rebate Team"
status: "Pending"
---

# 157 East 32nd Street #3E, New York City, NY 10016

Kips Bay, New York City, NY

Courtesy of Douglas Elliman Real Estate

## At a Glance

- **Listing Price**: $549,000
- **Status**: In contract 8/4/2026
  In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion.
- **Beds**: Studio
- **Baths**: 1
- **Sqft**: 500
- **Common Charges**: $1,051 / mo
- **Price per Sqft**: $1,098
- **Brokerage Fee**: Share Eligible

## The Private Brokerage Advantage

As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction.

- **Contract Purchase Price**: $549,000
- **Illustrative Buyer Commission Share**: -$8,235*
- **Illustrative Net Cost**: $540,765

*Illustrative Buyer Savings of $8,235 — 50% of a 3% buyer-broker commission, shared at closing.*

[Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)

## Photos (10)

![157 East 32nd Street #3E, New York City, NY 10016 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/dbf1d54f-c556-42c3-a89b-2560a4820f56.jpg)
![157 East 32nd Street #3E, New York City, NY 10016 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a184bdb0-28bc-4437-8203-25d89bc5f151.jpg)
![157 East 32nd Street #3E, New York City, NY 10016 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/afdddd45-eae4-4179-800a-f4bbd7a9240a.jpg)
![157 East 32nd Street #3E, New York City, NY 10016 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a14d1c95-9d66-4a79-8f38-1c120b1b942f.jpg)
![157 East 32nd Street #3E, New York City, NY 10016 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8788756f-0766-4073-9045-dd24fbcdc55a.jpg)
![157 East 32nd Street #3E, New York City, NY 10016 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ea0beca1-fa83-4aa4-9f9f-703e2e509683.jpg)
![157 East 32nd Street #3E, New York City, NY 10016 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ac5b2b12-2ffd-4a75-82a1-ee3d821651e1.jpg)
![157 East 32nd Street #3E, New York City, NY 10016 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/934b03af-02d2-44f8-adc9-1fd45567b065.jpg)
![157 East 32nd Street #3E, New York City, NY 10016 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0d9c9a76-fa3e-48ec-a874-b866376c833e.jpg)
![157 East 32nd Street #3E, New York City, NY 10016 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/224d751c-a63f-46d3-9945-c3ff828de834.jpg)

## Property Overview

This renovated, bright all day and quiet Junior one bedroom (currently shows as an alcove studio) with a large balcony resides in the L'Isola Condominium, a sought after full service condo located in the heart of the desirable Kips Bay neighborhood. Features of this wonderful home include a fully renovated open kitchen with stainless appliances and quartz counters with countertop seating, a separate living area adjacent to the balcony, and a sleeping alcove large enough for a king-sized bed! Other features include beautifully customized closet space, a renovated bathroom with floor-to-ceiling porcelain tiling, an oversized medicine cabinet and a custom glass enclosed tub

## Property Details

- **Property Type**: Condominium
- **Baths**: 1
- **Rooms**: 2
- **Sqft**: 500 sqft
- **Stories**: 22
- **Year Built**: 1988
- **Price per Sqft**: $1,098
- **Common Charges**: $1,051 / Monthly
- **Listed On**: May 1, 2026
- **Days on Market**: 135 Days

### Residence Features

- Central Air
- Building Other
- Building Courtyard

## Sales Evidence

### Recent closed sales

19 apartments at L'Iysola have recorded sales since September 2021, the most recent for $995,000 in April 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| 8B (Apartment) | 2 | 904 | $995,000 | $1,101/ft² | April 22, 2026 | City record · MLS |
| 8A (Apartment) | — | 647 | $725,000 | $1,121/ft² | July 11, 2025 | City record |
| 11D (Apartment) | Studio | 496 | $595,000 | $1,200/ft² | May 21, 2025 | City record · MLS |
| 12A (Apartment) | 1 | 650 | $865,000 | $1,331/ft² | November 4, 2024 | City record · MLS |
| 11D (Apartment) | Studio | 500 | $550,000 | $1,100/ft² | August 5, 2024 | City record · MLS |
| 20B (Apartment) | 2 | 904 | $229,167 | $254/ft² | October 16, 2023 | City record |
| 22-A (Apartment) | 1 | — | $820,000 | — | October 11, 2023 | City record · MLS |
| 16-C (Apartment) | 1 | 521 | $599,000 | $1,150/ft² | July 26, 2023 | City record · MLS |
| 11C (Apartment) | 3 | 1,500 | $2,200,000 | $1,467/ft² | February 23, 2023 | City record · MLS |
| 8C (Apartment) | — | 521 | $598,000 | $1,148/ft² | December 9, 2022 | City record |
| 4D (Apartment) | Studio | 521 | $639,000 | $1,226/ft² | November 22, 2022 | City record · MLS |
| 21C (Apartment) | 2 | 1,023 | $1,412,500 | $1,381/ft² | September 27, 2022 | City record · MLS |
| 15C (Apartment) | — | 521 | $610,000 | $1,171/ft² | July 15, 2022 | City record |
| 6E (Apartment) | Studio | 496 | $570,000 | $1,149/ft² | June 21, 2022 | City record |
| 8A (Apartment) | 1 | — | $785,000 | — | June 17, 2022 | City record · MLS |
| 18-D (Apartment) | Studio | 521 | $615,000 | $1,180/ft² | May 19, 2022 | City record · MLS |
| 18C (Apartment) | Studio | 540 | $615,000 | $1,139/ft² | January 7, 2022 | City record · MLS |
| 4B (Apartment) | 1 | 570 | $630,000 | $1,105/ft² | January 3, 2022 | City record · MLS |
| 3D (Apartment) | Studio | 521 | $790,000 | $1,516/ft² | October 7, 2021 | City record |

Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below.

### How this price compares

The median closed price for comparable studio sales at L'Iysola is $615,000, based on 7 sales between October 2021 and May 2025. This home is asking $549,000, $66,000 below that median. The middle half of those sales closed between $582,500 and $627,000.

- **Median closed price**: $615,000
- **Middle half**: $582,500 – $627,000
- **Based on**: 7 studio sales at L'Iysola
- **Period**: October 2021 – May 2025
- **Median $/ft²**: $1,180/ft²

Across the 4 of these sales with a published asking price, the median closed at 96.9% of what it originally asked. 75% of them closed below the original ask.

### How these sales were negotiated

- **Sold vs original ask**: 96.9% of the original ask
- **Closed below ask**: 75% of 4 sales
- **Listed → in contract**: 113 days (about 16 weeks)
- **In contract → closed**: 80 days (about 11 weeks)

Across the 4 of these sales with a published asking price, the median closed at 96.9% of what it originally asked. 75% of them closed below the original ask.

Half of these homes were in contract within 113 days (about 16 weeks) of coming to market, based on the 4 with a recorded listing date.

Once a deal was agreed, closing took a further 80 days (about 11 weeks), based on the 4 with both dates recorded.

These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure.

Based on 7 studio sales at L'Iysola, October 2021 – May 2025. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ.

### Price trend

Median price per square foot for sales at L'Iysola, 2017 to 2023. Price per square foot is used rather than sale price so the line follows the market rather than whichever apartments happened to change hands that year.

| Year | Median $/ft² | Sales |
| --- | --- | --- |
| 2017 | $1,355/ft² | 4 (thin) |
| 2018 | $1,344/ft² | 6 |
| 2022 | $1,160/ft² | 9 |
| 2023 | $1,150/ft² | 4 (thin) |

Years marked "thin" rest on fewer than 5 sales, where a single unusual apartment moves the median a long way. Read those points as the small samples they are rather than as the market turning.

Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for.

[See every recorded sale at L'Iysola](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/l-iysola)

## Price and Property History for 157 East 32ND Street, Unit 3E

Review the recorded listing activity for 157 East 32ND Street, Unit 3E, including asking-price changes and prior market dates.

- **Latest price change**: Reduced by $30,000, or 5.2%, on July 7, 2026
- **Originally listed**: May 1, 2026 at $629,000
- **Entered contract**: August 4, 2026
- **Last sold (recorded)**: $682,500 on June 12, 2015

| Date | Price | Listing event |
| --- | --- | --- |
| August 4, 2026 | $549,000 | Entered contract |
| July 7, 2026 | $549,000 | Asking price reduced by $30,000, or 5.2% |
| May 1, 2026 | $629,000 | Listed for sale by Douglas Elliman Real Estate |
| June 12, 2015 | $682,500 | Sold — recorded sale price |
| March 18, 2015 | $699,999 | Listed for sale by Elliman |

## Property Tax History

Taxes at 157 East 32nd Street #3E were $12,235 in 2026, up 1.7% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $100,075 | $16,821 | $83,254 | $97,877 | $12,235 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $96,719 | $16,821 | $79,898 | $96,279 | $12,035 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $100,075 | $16,821 | $83,254 | $95,551 | $11,944 | 12.5% |
| 2023 (FY 2023/24) | $97,167 | $16,821 | $80,346 | $93,308 | $11,665 | 12.502% |
| 2022 (FY 2022/23) | $95,359 | $16,821 | $78,538 | $90,702 | $9,184 after $1,942 abatement | 12.267% |
| 2021 (FY 2021/22) | $92,086 | $16,821 | $75,265 | $88,340 | $3,234 after $7,574 abatement | 12.235% |
| 2020 (FY 2020/21) | $101,952 | $16,821 | $85,131 | $88,009 | $10,796 | 12.267% |
| 2019 (FY 2019/20) | $99,662 | $16,821 | $82,841 | $85,394 | $10,651 | 12.473% |
| 2018 (FY 2018/19) | $84,141 | $16,821 | $67,320 | $80,212 | $10,116 | 12.612% |
| 2017 (FY 2017/18) | $83,550 | $16,821 | $66,729 | $77,455 | $9,852 | 12.719% |
| 2016 (FY 2016/17) | $81,551 | $16,821 | $64,730 | $74,239 | $9,267 | 12.892% |
| 2015 (FY 2015/16) | $81,351 | $16,821 | $64,530 | $69,952 | $8,709 | 12.883% |
| 2014 (FY 2014/15) | $76,599 | $16,821 | $59,778 | $66,533 | $8,251 | 12.855% |
| 2013 (FY 2013/14) | $73,562 | $16,821 | $56,741 | $62,610 | $7,934 | 13.145% |
| 2012 (FY 2012/13) | $71,675 | $16,821 | $54,854 | $60,601 | $7,690 | 13.181% |
| 2011 (FY 2011/12) | $79,086 | $16,821 | $62,265 | $61,277 | $7,928 | 13.433% |
| 2010 (FY 2010/11) | $68,238 | $16,821 | $51,417 | $59,975 | $7,729 | 13.353% |

The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one.

Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls.

Where an abatement applies, Property Tax is the amount owed after it. Abatements are granted to the property and do not necessarily transfer to a new owner.

Figures are the New York City Department of Finance assessment roll for tax lot 1008881008. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change.

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## About The Building

### L'Iysola

Kips Bay · Condominium

157 East 32nd Street, New York, NY 10016

A building in Kips Bay, currently featuring 2 active listings.

- **Year Built**: 1987
- **Total Units**: 2
- **Floors**: 22

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/l-iysola)

### Available Residences — For Sale (2)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [3E](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/157-east-32nd-street-e-3E-ny-10016) | Studio | 1 | 500 sqft | $1,098 | $549,000 (-5.2%) — In contract | Douglas Elliman Real Estate | May 1, 2026 | 134 days |
| [3A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/157-east-32nd-street-a-3A-ny-10016) | 1 | 1 | 647 sqft | $1,043 | $675,000 (-10.0%) | Daniel Gale of Brooklyn LLC | Mar 25, 2026 | 171 days |

## Estimated Monthly Payment

**$3,827 / month**, assuming a 20% down payment ($109,800), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $2,776
- **Common Charges**: $1,051

Estimates only. Actual payments may vary. Confirm terms with your lender.

## Kips Bay

Medical Mile & Value

[Explore Kips Bay](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/kips-bay) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby Kips Bay

- [Murray Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/murray-hill)
- [Gramercy real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/gramercy)
- [Flatiron District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/flatiron-district)
- [Stuyvesant Town real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/stuyvesant-town)
- [Midtown real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/midtown)
- [East Village real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/east-village)

## Related Links

- [L'Iysola — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/l-iysola)
- [Kips Bay neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/kips-bay)
- [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

---

> RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

> 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 and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.