--- title: "222 East 32nd Street, New York City, NY 10016" description: "222 East 32nd Street, New York City, NY 10016 — Townhouse in Kips Bay, Manhattan, NY. Listing Price $4,995,000. In contract 8/18/2026. 6 bed, 5 bath, 4,410 sqft Illustrative Buyer Commission Share of $74,925 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/222-east-32nd-street-ny-10016" source: "Real Estate Rebate Team" status: "Pending" --- # 222 East 32nd Street, New York City, NY 10016 Townhouse in Kips Bay, Manhattan, NY Courtesy of Compass ## At a Glance - **Listing Price**: $4,995,000 - **Status**: In contract 8/18/2026 In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion. - **Beds**: 6 - **Baths**: 5 - **Sqft**: 4,410 - **Monthly Taxes**: $6,465 / mo - **Price per Sqft**: $1,133 - **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**: $4,995,000 - **Illustrative Buyer Commission Share**: -$74,925* - **Illustrative Net Cost**: $4,920,075 *Illustrative Buyer Savings of $74,925 — 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) ![222 East 32nd Street, New York City, NY 10016 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/785a7c37-019b-4bcd-ab89-8c983abd5d9b.png) ![222 East 32nd Street, New York City, NY 10016 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f0307b3d-2249-4917-a1c5-e4aa5a86a0c5.jpg) ![222 East 32nd Street, New York City, NY 10016 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/48333d18-15b2-4023-9d7f-a1f8668e6469.jpg) ![222 East 32nd Street, New York City, NY 10016 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c4747329-e996-437a-a8d3-ea20cf95ef8b.jpg) ![222 East 32nd Street, New York City, NY 10016 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/84d0a83b-7800-4c66-b7c5-ad752a632097.jpg) ![222 East 32nd Street, New York City, NY 10016 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/088bdaa6-8728-42ad-a08b-5662b5f27d73.jpg) ![222 East 32nd Street, New York City, NY 10016 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/aa57ecd9-7798-46a8-987a-c0e0a1d1ac54.jpg) ![222 East 32nd Street, New York City, NY 10016 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4f769029-83ae-4b7c-b7d7-9725abde5726.png) ![222 East 32nd Street, New York City, NY 10016 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a6f68eb3-bcf9-4597-98fe-5cb1b411a240.jpg) ![222 East 32nd Street, New York City, NY 10016 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2d2f6663-aafb-40d3-b0d7-7266cc5d4abf.jpg) ## Property Overview - Fully Renovated Four-Family Townhouse | All Fair-Market Rentals - Pied-à-Terre Tax-Protected Ownership - Additional Development Potential with Available FAR - Prime Townhouse Block Live in the owner's duplex while generating substantial income from three market-rate apartments. The rental units have historically achieved great rents, creating a rare opportunity to offset ownership costs while enjoying the benefits of townhouse living. Even more appealing, as a four-family income-producing property, ownership is not subject to New York City's new pied-à-terre tax, making it an ideal option for part-time residents seeking a Manhattan home without the additional annual surcharge. Nestled on a picturesque, tree-lined townhouse block in the heart of Kips Bay, this impeccably renovated four-family townhouse seamlessly blends timeless New York character with modern comfort and exceptional income-producing potential. Just half a block from Trader Joe's and Fairway Market and moments from Midtown Manhattan, the property offers a rare opportunity to own a turnkey asset in one of the city's most convenient and vibrant neighborhoods. The centerpiece of the building is the expansive owner's garden duplex—a truly special three-bedroom residence featuring approximately 800 square feet of private outdoor space and a custom cedar sauna. Designed for both comfortable living and effortless entertaining, the home's spacious great room is filled with natural light from oversized windows and a skylight, while exposed brick walls and decorative fireplaces add warmth and character. The open-concept kitchen with pass-through seating creates a seamless connection between the living and dining areas. Upstairs, the tranquil primary suite serves as a private retreat, complete with hardwood floors, a decorative fireplace, and direct access to a large terrace overlooking the beautifully landscaped garden. The spa-inspired ensuite bathroom, highlighted by the cedar sauna, provides a luxurious escape rarely found in Manhattan townhouses. Additional conveniences include an in-unit washer/dryer and abundant storage throughout. Above the duplex, three full-floor residences each offer approximately 850 square feet of thoughtfully renovated living space. These bright one-bedroom apartments feature soaring 10-foot ceilings, hardwood floors, generous closet space, and oversized north- and south-facing windows that flood the interiors with natural light. Open kitchens provide abundant cabinetry and functionality, while renovated bathrooms feature classic subway tile, contemporary vanities, and glass-enclosed showers. Each apartment is further enhanced by its own washer and dryer. The top-floor residence is particularly noteworthy, featuring a working fireplace and two oversized skylights that create an airy, loft-like atmosphere. The roof has been structurally reinforced with steel beams and is already equipped with gas, water, and electric connections, presenting an exceptional opportunity to create a spectacular private roof deck with sweeping Manhattan skyline views. Whether you're seeking a primary residence with substantial rental income, a pied-à-terre with built-in revenue, or a fully renovated investment property in a high-demand rental market, this townhouse delivers unmatched flexibility. Surrounded by acclaimed restaurants, neighborhood cafés, bookstores, parks, and multiple transportation options, this exceptional townhouse offers the perfect combination of lifestyle, income, and long-term value in one of Manhattan's most desirable residential enclaves. ## Property Details - **Property Type**: Multi Family - **Beds**: 6 - **Baths**: 5 - **Rooms**: 12 - **Sqft**: 4,410 sqft - **Stories**: 5 - **Year Built**: 1910 - **Price per Sqft**: $1,133 - **Monthly Taxes**: $6,465 / mo - **Listed On**: Jun 8, 2026 - **Days on Market**: 102 Days ### Residence Features - In Unit - See Remarks - Private Outdoor Space Over 60 Sqft - Private Yard - Built-in Features - Hardwood ## Estimated Monthly Payment **$31,722 / month**, assuming a 20% down payment ($999,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $25,257 - **Property Taxes**: $6,465 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Price and Property History for 222 East 32nd Street Review the recorded listing activity for 222 East 32nd Street, including asking-price changes and prior market dates. - **Entered contract**: August 18, 2026 | Date | Price | Listing event | | --- | --- | --- | | August 18, 2026 | $4,995,000 | Entered contract | | May 1, 2025 | $4,995,000 | Listed for sale by Compass | ## Property Tax History Taxes at 222 East 32nd Street were $91,125 in 2026, down 3.4% from 2025. | Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate | | --- | --- | --- | --- | --- | --- | --- | | 2026 (FY 2026/27) | $1,805,850 | $596,250 | $1,209,600 | $729,000 | $91,125 | 12.5% (estimated) | | 2025 (FY 2025/26) | $1,504,800 | $596,250 | $908,550 | $754,789 | $94,349 | 12.5% (estimated) | | 2024 (FY 2024/25) | $1,337,850 | $596,250 | $741,600 | $700,731 | $87,591 | 12.5% | | 2023 (FY 2023/24) | $1,511,550 | $596,250 | $915,300 | $694,967 | $86,885 | 12.502% | | 2022 (FY 2022/23) | $1,259,550 | $596,250 | $663,300 | $662,476 | $81,266 | 12.267% | | 2021 (FY 2021/22) | $1,223,550 | $596,250 | $627,300 | $625,516 | $76,532 | 12.235% | | 2020 (FY 2020/21) | $1,285,650 | $596,250 | $689,400 | $580,607 | $71,223 | 12.267% | | 2019 (FY 2019/20) | $1,320,300 | $596,250 | $724,050 | $539,024 | $67,232 | 12.473% | | 2018 (FY 2018/19) | $534,590 | — | — | $534,590 | $67,422 | 12.612% | | 2017 (FY 2017/18) | $509,597 | — | — | $509,597 | $64,816 | 12.719% | | 2016 (FY 2016/17) | $481,166 | — | — | $481,166 | $62,032 | 12.892% | | 2015 (FY 2015/16) | $446,621 | — | — | $446,621 | $57,538 | 12.883% | | 2014 (FY 2014/15) | $414,634 | — | — | $414,634 | $53,301 | 12.855% | | 2013 (FY 2013/14) | $399,854 | — | — | $399,854 | $52,561 | 13.145% | | 2012 (FY 2012/13) | $380,629 | — | — | $380,629 | $50,171 | 13.181% | | 2011 (FY 2011/12) | $358,759 | — | — | $358,759 | $48,192 | 13.433% | | 2010 (FY 2010/11) | $332,186 | — | — | $332,186 | $44,357 | 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. Figures are the New York City Department of Finance assessment roll for tax lot 1009120053. 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 ### 222 East 32nd Street 222 East 32nd Street, New York, NY 10016 A building in the neighborhood, currently featuring 0 active listings. - **Year Built**: 1910 - **Active Units**: 0 - **Floors**: 5 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/222-east-32nd-street) ### Available Residences — For Sale (1) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [N/A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/222-east-32nd-street-ny-10016) | 6 | 5 | 4,410 sqft | $1,133 | $4,995,000 — In contract | Compass | Jun 8, 2026 | 102 days | ## 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 - [222 East 32nd Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/222-east-32nd-street) - [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.