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240 E 32nd St APT 1A, New York, NY, 10016

0beds
1baths
0sqft
$499,000
--price/sqft
$3,649/moest. monthly cost
$145,960/yrincome needed

About This Home

Tucked away on a charming, tree-lined street in the heart of Kips Bay, Residence 1A at 240 East 32nd Street offers a rare opportunity to own a fully renovated studio with a private garden retreat. This south-facing home is filled with natural light and features soaring 10-foot ceilings, beautiful Du-Château wood floors, and generous closet space throughout. The sleek, contemporary open kitchen is outfitted with a gas stovetop and a versatile dining or work counter. Step outside to your tranquil private garden oasis, where lush greenery frames views of the Empire State Building, an exceptional backdrop for outdoor dining or morning coffee. Situated within a well-kept boutique pre-war elevator building, the residence enjoys a central location just moments from NYU Medical Center, Trader Joe’s, Fairway, AMC, Grand Central Terminal, and multiple transportation options.

Getting Around

100
WalkingWalker's Paradise
100
TransitRider's Paradise
87
BikeVery Bikeable

Schools

3/10
8/10
Jhs 104 Simon BaruchGrades 6-80.6 mi

Construction

Condition

  • Year built: 1930

Type & Style

  • Home type: Cooperative
  • Property subType: Coop

Interior

Appliances

  • Appliances included: Dishwasher
  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Hardwood

Interior Area

  • Total structure area: 0

Property

Details

  • Parcel number: 0091200431A
  • Special condition: Resale

Features

  • Patio & porch: Other
  • Exterior features: Garden
  • Has view: Yes
  • View description: Garden

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters in New York County and New York

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,523$30,276
Home Insurance *$585$7,020
Property Taxes $295$3,540
Electricity $246$2,954
Total$3,649$43,788
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$125,108/yr
40% on housing$109,470/yr
45% on housing$97,306/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 2.0%
2.0%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 10016$1,008
New York County$1,489

vs Homes Sold Last Month

Median $/sqft

ZIP 10016$1,230
New York County$1,203

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-21Price change$499,000
2026-04-07Listed for sale$525,000
2025-07-15Listing removed$499,500
2025-04-15Price change$499,500
2025-03-25Price change$589,000
2025-03-19Listed for sale$620,000

For Sale by Agent

AgentBrett Ringelheim
BrokerageCompass

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