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250 E 32nd St
New York, NY 10016 Kips Bay

$3,995,000 USD

Office Residential For Sale  •  3,125 SF

Property Details

  • Property Type Office Residential
  • Total Building Size 3,125 SF
  • Lot Size 0.01 AC
  • Building Class B
  • Year Built 1920
  • Cap Rate 4.63 %
  • Tenancy Multiple
  • Zoning C1-8A, New York
100 Transit Score
100 Walk Score

Highlights

This property is near the corner of 2nd Ave and E 32nd.

Property Flyers

Financial Summary (Actual)

Net Operating Income: $184,951 USD (2025)
Cap Rate: 4.63 %
Total Expenses: $41,648 USD

Major Tenants

Tenant SF Occupied Lease End Date
DESIGNER BRACES 2/28/2025

Amenities

  • Bus Line
  • Fireplace
  • Roof Terrace
  • Central Heating
  • Partitioned Offices
  • Reception
  • Recessed Lighting
  • Hardwood Floors
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
33 St (PATH) (Hoboken-33rd Street - Port Authority Trans-Hudson (PATH), Journal Square-33rd Street - Port Authority Trans-Hudson (PATH)) 3 min 15 min 0.8 mi
Grand Central Terminal (Harlem Line - Metro-North Commuter Railroad Company (Metro-North), Hudson Line - Metro-North Commuter Railroad Company (Metro-North), New Haven Line - Metro-North Commuter Railroad Company (Metro-North)) 3 min 17 min 0.9 mi
Transit/SubwayDriveWalkDistance
33 Street (4,6 Line) (4 - New York MTA Subway (The Subway), 6 - New York MTA Subway (The Subway)) 2 min 7 min 0.4 mi
28 Street (4,6 Line) (4 - New York MTA Subway (The Subway), 6 - New York MTA Subway (The Subway)) 2 min 10 min 0.5 mi
23 Street (4,6 Line) (4 - New York MTA Subway (The Subway), 6 - New York MTA Subway (The Subway)) 3 min 14 min 0.7 mi
Grand Central-42 Street (4 - New York MTA Subway (The Subway), 42 St Shuttle - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway), 6 - New York MTA Subway (The Subway), 7 - New York MTA Subway (The Subway)) 3 min 15 min 0.8 mi
Grand Central Terminal (Harlem Line - Metro-North Commuter Railroad Company (Metro-North), Hudson Line - Metro-North Commuter Railroad Company (Metro-North), New Haven Line - Metro-North Commuter Railroad Company (Metro-North)) 5 min 17 min 0.9 mi
AirportDriveWalkDistance
LaGuardia 17 min - 8.6 mi
Newark Liberty International 23 min - 15.3 mi
John F Kennedy International 26 min - 16.6 mi
Andrew Stearn 516-776-7359 Blu Realty Group
Andrew Stearn 516-776-7359 Blu Realty Group