--- title: "226 East 32nd Street, New York City, NY 10016" description: "226 East 32nd Street, New York City, NY 10016 — Townhouse in Kips Bay, Manhattan, NY. Listing Price $5,500,000. 5 bed, 6 bath, 4,590 sqft Illustrative Buyer Commission Share of $82,500 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/226-east-32nd-street-ny-10016" source: "Real Estate Rebate Team" dateModified: "2026-08-28T18:23:01.127Z" status: "Active" --- # 226 East 32nd Street, New York City, NY 10016 Townhouse in Kips Bay, Manhattan, NY Courtesy of Leslie J Garfield & Co Inc Last updated: August 28, 2026, 2:23 PM ## At a Glance - **Listing Price**: $5,500,000 - **Beds**: 5 - **Total Baths**: 6 - **Sqft**: 4,590 - **Monthly Taxes**: $5,649 / mo - **Price per Sqft**: $1,198 - **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**: $5,500,000 - **Illustrative Buyer Commission Share**: -$82,500* - **Illustrative Net Cost**: $5,417,500 *Illustrative Buyer Savings of $82,500 — 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 (4) ![226 East 32nd Street, New York City, NY 10016 — photo 1 of 4](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/abf44b7e-d929-4591-a09a-6f80006af64e.jpg) ![226 East 32nd Street, New York City, NY 10016 — photo 2 of 4](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/625623b3-25cb-475b-a963-9984910dc9e8.jpg) ![226 East 32nd Street, New York City, NY 10016 — photo 3 of 4](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1261fa1a-64d6-43ea-91fd-4e853c5ec869.jpg) ![226 East 32nd Street, New York City, NY 10016 — photo 4 of 4](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/340a204d-0c0c-4a79-b8a9-63ca02a4971d.jpg) ## Property Overview RENTAL UNITS ARE GREATLY UNDER MARKET - ESTIMATED ANNUAL RENT IS $312K/YEAR. 226 East 32nd Street is a meticulously maintained five-story townhouse configured as four well-laid-out residences, including a garden duplex with private outdoor space and three one-bedroom floor-through units above. This turnkey property offers the rare opportunity to move in or rent immediately, without the cost or disruption of a renovation. It's ideal for an owner-occupant seeking a comfortable residence with strong supplemental income from the additional units. For an owner-occupant, the numbers tell a compelling story. With 30% down and rental income from the three upstairs units applied against carrying costs, the net monthly cost of owning the entire building comes to roughly $22,000. By comparison, renting a comparable garden duplex alone in this neighborhood could run approximately $12,000 per month. For about $10,000 more per month, a buyer can own the entire five-story townhouse outright, building equity and long-term value instead of paying rent indefinitely. 226 East 32nd Street combines condition, configuration, and location for an exceptional opportunity, whether for an end-user or an investor seeking immediate usability and long-term value. Additional notes: With four units, the property may qualify for exemption from the pied-à-terre tax; buyers should confirm with their attorney. A full staircase provides roof access, offering potential for a roof deck, subject to DOB approval. Monthly cost estimates assume 30% down and prevailing jumbo mortgage rates; actual terms vary by buyer and lender and should be confirmed with a mortgage professional. ## Property Details - **Property Type**: Multi Family - **Beds**: 5 - **Total Baths**: 6 - **Rooms**: 10 - **Sqft**: 4,590 sqft - **Stories**: 1 - **Year Built**: 1910 - **Price per Sqft**: $1,198 - **Monthly Taxes**: $5,649 / mo - **Listed On**: May 13, 2026 - **Days on Market**: 123 Days ### Residence Features - Building Other - Washer Hookup - In Unit - Building Roof Deck - Garden - Private Outdoor Space Over 60 Sqft - Smoke Free - Washer Dryer Allowed ## Sales Evidence ### Recent closed sales 226 East 32nd Street has 7 recorded sales since September 2021, the most recent for $330,000 in January 2026. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | 5C (Apartment) | Studio | — | $330,000 | — | January 30, 2026 | City record · MLS | | 2D (Apartment) | Studio | — | $340,000 | — | October 18, 2024 | City record · MLS | | 3D (Apartment) | Studio | 575 | $295,000 | $513/ft² | March 21, 2024 | City record · MLS | | 4C (Apartment) | Studio | — | $340,000 | — | September 15, 2023 | City record · MLS | | 2C (Apartment) | Studio | — | $350,000 | — | December 22, 2022 | City record · MLS | | 2A (Apartment) | 1 | — | $385,000 | — | April 18, 2022 | City record · MLS | | 3-B (Apartment) | 1 | 650 | $380,000 | $585/ft² | January 6, 2022 | City record · MLS | 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. 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 226 East 32ND Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/226-east-32nd-street) ## Property Tax History Taxes at 226 East 32nd Street were $76,545 in 2026, up 8.0% from 2025. | Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate | | --- | --- | --- | --- | --- | --- | --- | | 2026 (FY 2026/27) | $2,020,500 | $592,650 | $1,427,850 | $612,360 | $76,545 | 12.5% (estimated) | | 2025 (FY 2025/26) | $1,683,900 | $592,650 | $1,091,250 | $567,000 | $70,875 | 12.5% (estimated) | | 2024 (FY 2024/25) | $1,496,700 | $592,650 | $904,050 | $559,872 | $69,984 | 12.5% | | 2023 (FY 2023/24) | $1,691,100 | $592,650 | $1,098,450 | $518,400 | $64,810 | 12.502% | | 2022 (FY 2022/23) | $1,409,400 | $592,650 | $816,750 | $563,064 | $69,071 | 12.267% | | 2021 (FY 2021/22) | $1,369,350 | $592,650 | $776,700 | $563,064 | $68,891 | 12.235% | | 2020 (FY 2020/21) | $1,438,200 | $592,650 | $845,550 | $545,610 | $66,930 | 12.267% | | 2019 (FY 2019/20) | $1,477,350 | $592,650 | $884,700 | $505,195 | $63,013 | 12.473% | | 2018 (FY 2018/19) | $467,775 | — | — | $467,775 | $58,996 | 12.612% | | 2017 (FY 2017/18) | $433,126 | — | — | $433,126 | $55,089 | 12.719% | | 2016 (FY 2016/17) | $433,126 | — | — | $433,126 | $55,839 | 12.892% | | 2015 (FY 2015/16) | $419,700 | — | — | $419,700 | $54,070 | 12.883% | | 2014 (FY 2014/15) | $388,612 | — | — | $388,612 | $49,956 | 12.855% | | 2013 (FY 2013/14) | $359,827 | — | — | $359,827 | $47,299 | 13.145% | | 2012 (FY 2012/13) | $333,174 | — | — | $333,174 | $43,916 | 13.181% | | 2011 (FY 2011/12) | $333,174 | — | — | $333,174 | $44,755 | 13.433% | | 2010 (FY 2010/11) | $322,847 | — | — | $322,847 | $43,110 | 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 1009120051. 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 ### 226 East 32nd Street 226 East 32nd Street, New York, NY 10016 A building in the neighborhood, currently featuring 1 active listing. - **Year Built**: 1910 - **Total Units**: 1 - **Floors**: 1 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/226-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/10016/226-east-32nd-street-ny-10016) | 5 | 6 | 4,590 sqft | $1,198 | $5,500,000 | Leslie J Garfield & Co Inc | May 13, 2026 | 122 days | ## Estimated Monthly Payment **$33,460 / month**, assuming a 20% down payment ($1,100,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $27,811 - **Property Taxes**: $5,649 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 - [226 East 32ND Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/226-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.