--- title: "251 East 32nd Street #12F, New York City, NY 10016" description: "251 East 32nd Street #12F, New York City, NY 10016 — Kips Bay, New York City, NY. Listing Price $899,000. 2 bed, 2 bath Illustrative Buyer Commission Share of $13,485 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/10016/251-east-32nd-street-f-12F-ny-10016" source: "Real Estate Rebate Team" dateModified: "2026-09-07T19:30:28.949Z" status: "Active" --- # 251 East 32nd Street #12F, New York City, NY 10016 Kips Bay, New York City, NY Courtesy of Brown Harris Stevens Residential Sales LLC Last updated: September 7, 2026, 3:30 PM ## At a Glance - **Listing Price**: $899,000 - **Beds**: 2 - **Baths**: 2 - **Common Charges**: $3,081 / mo - **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**: $899,000 - **Illustrative Buyer Commission Share**: -$13,485* - **Illustrative Net Cost**: $885,515 *Illustrative Buyer Savings of $13,485 — 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) ![251 East 32nd Street #12F, New York City, NY 10016 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/62aa1a27-7a75-423f-ab65-57a8cb4ae7c2.jpg) ![251 East 32nd Street #12F, New York City, NY 10016 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/cbcc47f7-2be9-4da1-85cd-59005e8faf8e.jpg) ![251 East 32nd Street #12F, New York City, NY 10016 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/acc363c8-6db9-4c76-9180-df0c91f61088.jpg) ![251 East 32nd Street #12F, New York City, NY 10016 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/63b4c338-0e47-46ef-b49f-d396fae7b072.jpg) ![251 East 32nd Street #12F, New York City, NY 10016 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3bbcf76b-4a07-4d0d-a7e7-7fd4b4bd53d2.jpg) ![251 East 32nd Street #12F, New York City, NY 10016 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b0989484-727f-4fee-a73d-8b298b6b4160.jpg) ![251 East 32nd Street #12F, New York City, NY 10016 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/cb596e01-d724-4ac8-bdc1-d901c681c5c4.jpg) ![251 East 32nd Street #12F, New York City, NY 10016 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/859b80dc-3de5-4fe8-8292-37c03b06e820.jpg) ![251 East 32nd Street #12F, New York City, NY 10016 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f99ee78a-086e-4d0a-865e-6220bb43ff3c.jpg) ![251 East 32nd Street #12F, New York City, NY 10016 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d8f80985-021e-49e4-9dd6-5e92153decf2.jpg) ## Property Overview LOFT LIVING WITH EXCEPTIONAL SPACE & LIGHT Bathed in beautiful natural light and defined by soaring proportions, this exceptional apartment offers a rare opportunity to create a home that is as flexible as it is distinctive. Originally configured as a two-bedroom residence, the apartment has been thoughtfully opened up into a dramatic, expansive loft-like space. The listing photographs showcase both possibilities: the airy, open layout as it lives today, as well as the elegant two-bedroom configuration should you choose to restore the original floor plan. Whichever lifestyle you envision, the underlying architecture is exceptional, with rich hardwood floors, handsome crown moldings, and an abundance of storage, including five generous closets and two walk-ins. A wall of oversized east-facing windows fills the living room with warm morning light, while southern exposures keep the home bright and inviting throughout the day. The generous living space flows naturally into a dedicated dining and a beautifully renovated kitchen, creating an effortless setting for both everyday living and entertaining. The kitchen is appointed with a substantial center island, custom wood cabinetry, granite countertops, stainless steel appliances, and a sophisticated tumbled-stone backsplash. Just beyond the kitchen, a quiet, tucked-away nook provides an ideal home office or creative workspace - a thoughtful bonus in today's flexible way of living. Floor plans for both the existing one-bedroom loft configuration and the original two-bedroom layout are included, allowing you to envision the possibilities. The oversized primary bedroom is a true retreat, with both eastern and southern exposures and ample room for a king-size bed and additional furnishings. Its serene proportions and abundant natural light create a wonderfully private escape from the energy of the home's expansive living spaces. An en-suite windowed bath adds another layer of comfort and privacy. Both bathrooms have been fully renovated with a refined combination of tumbled-stone tile and elegant mosaic detailing, bringing a timeless, sophisticated finish to the home. With its remarkable volume, abundant light, flexible floor plan, and beautifully preserved architectural details, this is a home that offers something increasingly rare: space to live exactly the way you want. Riverview East is a full-service, smoke-free co-op set on a quiet, tree-lined street, offering residents a newly renovated lobby, 24-hour doorman, live-in resident super, on-site laundry, and a garage with EV charging - all backed by an exceptionally attentive staff. Bike storage adds everyday convenience. The location couldn't be more dynamic: directly across from Fairway, and just minutes from Trader Joe's, Lidl, and Target, with an abundance of restaurants and fitness centers right at your doorstep. Transportation is a breeze, putting the rest of Manhattan within easy reach. Pet lovers will be pleased to know two pets are welcome (dogs under 40 pounds). Subletting is allowed after two years of ownership, for up to two years within any five-year period, with Board approval; the cycle then resets. No pied-à-terres. ## Property Details - **Property Type**: Co-op - **Beds**: 2 - **Baths**: 2 - **Rooms**: 5 - **Stories**: 20 - **Year Built**: 1964 - **Common Charges**: $3,081 / Monthly - **Listed On**: Apr 22, 2026 - **Days on Market**: 143 Days ### Residence Features - Central Air - City ## Sales Evidence ### How this price compares The median closed price for comparable co-op two-bedroom sales in Kips Bay is $870,000, based on 24 sales between October 2024 and May 2026. This home is asking $899,000, $29,000 above that median. The middle half of those sales closed between $772,788 and $1,062,250. - **Median closed price**: $870,000 - **Middle half**: $772,788 – $1,062,250 - **Based on**: 24 co-op two-bedroom sales in Kips Bay - **Period**: October 2024 – May 2026 Square footage is recorded for only 14 of these 24 sales (58%), so no price per square foot is shown for this group. Co-op sales rarely carry a floor area, and a figure drawn from a handful of them would not describe the rest. Across the 23 of these sales with a published asking price, the median closed at 96.5% of what it originally asked. 83% of them closed below the original ask. This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Kips Bay instead. ### How these sales were negotiated - **Sold vs original ask**: 96.5% of the original ask - **Closed below ask**: 83% of 23 sales - **Listed → in contract**: 73 days (about 10 weeks) - **In contract → closed**: 85 days (about 12 weeks) Across the 23 of these sales with a published asking price, the median closed at 96.5% of what it originally asked. 83% of them closed below the original ask. Half of these homes were in contract within 73 days (about 10 weeks) of coming to market, based on the 23 with a recorded listing date. Once a deal was agreed, closing took a further 85 days (about 12 weeks), based on the 23 with both dates recorded. A co-op board package and its interview account for much of that. 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 24 co-op two-bedroom sales in Kips Bay, October 2024 – May 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ. ### Price trend Median sold price for co-op two-bedroom sales in Kips Bay, 2017 to 2025. The series is held to one bedroom count and one ownership type for the same reason: an unfiltered median tracks which apartments sold, not what they were worth. | Year | Median sold price | Sales | | --- | --- | --- | | 2017 | $1,110,000 | 13 | | 2018 | $995,000 | 19 | | 2019 | $940,000 | 13 | | 2020 | $1,244,000 | 10 | | 2021 | $925,000 | 23 | | 2022 | $951,000 | 18 | | 2023 | $987,500 | 17 | | 2024 | $773,075 | 14 | | 2025 | $920,000 | 17 | This building does not have enough sales with a recorded floor area to chart its own price per square foot, which is usual for a co-op. The series above follows comparable homes across Kips Bay instead. 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. ## Estimated Monthly Payment **$7,627 / month**, assuming a 20% down payment ($179,800), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $4,546 - **Common Charges**: $3,081 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 - [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.