New York (Kips Bay), NY, 10016 | $3,895,000

Welcome to 216 East 32nd Street, a distinguished multi-family townhouse that epitomizes urban sophistication in Manhattan’s coveted Kips Bay neighborhood. This historic gem, constructed in 1900, spans an impressive 4, 560 square feet across multiple levels, blending timeless charm with exceptional investment potential. The highlight of this property is its versatile layout, offering four fully furnished studio apartments and an expansive triplex unit. Whether you envision owner occupancy or premium rental income, this townhouse provides the perfect balance of functionality and opportunity. Outside, a generous backyard creates a rare oasis in the heart of Manhattan, perfect for relaxing, entertaining, or gardening. Step inside, and you’ll be welcomed by interiors that reflect a seamless blend of historic character and modern updates. Each studio apartment is thoughtfully designed with modern amenities, catering to the needs of today’s urban dwellers. The triplex unit offers a spacious layout ideal for families or upscale tenants, featuring light-filled rooms, high ceilings, and charming finishes throughout. Located in the heart of Kips Bay, 216 East 32nd Street is surrounded by an abundance of neighborhood amenities. Healthcare facilities such as NYU Langone Medical Center, Bellevue Hospital, and the VA Hospital are just steps away. For recreation, enjoy easy access to the East River Greenway for waterfront strolls, Asser Levy Recreation Center with pools and playgrounds, and Bellevue South Park, which offers green spaces and sports facilities. For your daily needs, the property is within walking distance of Trader Joe’s and Fairway Market. Food enthusiasts will appreciate the vibrant culinary scene nearby, including “Curry Hill, ” renowned for its authentic Indian cuisine. Commuting is a breeze with the 6 train at 28th Street, multiple MTA bus routes, and the East 34th Street Ferry Landing connecting you to various parts of the city. As an investment, 216 East 32nd Street stands out in Manhattan’s dynamic real estate market. Kips Bay’s strong rental demand, fueled by its proximity to medical centers and educational institutions, ensures a steady pool of tenants, while the area’s continued development offers excellent prospects for property appreciation. Whether you’re looking to own a piece of Manhattan history or capitalize on a lucrative investment opportunity, 216 East 32nd Street is a rare find that combines location, functionality, and timeless appeal. Discover the possibilities this exceptional property offers. Schedule your viewing today!

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