$550,000
●
Condo -
Off Market
157 E 32ND Street #11D
Manhattan, NY 10016
Studio
1 Bath
500 Sqft
$4,684
Est. Monthly
$954
HOA / Fees
3.09%
Cap Rate
About This Property
NEW PRICE - DEAL FELL THROUGH!
SHOWING BY APPOINTMENT (please email or call to schedule)
Bright, huge and airy alcove studio (easily convertible to one-bedroom) CONDO with a private BALCONY in the full-service, elegant L'Isola, located in prime Kips Bay/midtown south. Open layout features windows throughout with stunning skyline/northern views including the Chrysler building. Generous closets and built-in shelving make storage easy. Bedroom area currently outfitted with Murphy bed to maximize living space. Kitchen features marble countertops, tiled floor, dishwasher, microwave, gas range, and generous wooden cabinetry for great storage. Close to all transportation: 4/5/6/7/S trains, 34th Street ferry dock, Citi Bike stations and Grand Central Station. L'Isola features a 24-hour doorman/concierge, laundry room, fitness center with sauna, landscaped garden with BBQ grill. Shopping made easy: a block from Trader Joe's, Fairway. Pet-friendly.
PRIMARY RESIDENTS QUALIFY FOR THE CONDO/CO-OP TAX ABATEMENT
SHOWING BY APPOINTMENT (please email or call to schedule)
Bright, huge and airy alcove studio (easily convertible to one-bedroom) CONDO with a private BALCONY in the full-service, elegant L'Isola, located in prime Kips Bay/midtown south. Open layout features windows throughout with stunning skyline/northern views including the Chrysler building. Generous closets and built-in shelving make storage easy. Bedroom area currently outfitted with Murphy bed to maximize living space. Kitchen features marble countertops, tiled floor, dishwasher, microwave, gas range, and generous wooden cabinetry for great storage. Close to all transportation: 4/5/6/7/S trains, 34th Street ferry dock, Citi Bike stations and Grand Central Station. L'Isola features a 24-hour doorman/concierge, laundry room, fitness center with sauna, landscaped garden with BBQ grill. Shopping made easy: a block from Trader Joe's, Fairway. Pet-friendly.
PRIMARY RESIDENTS QUALIFY FOR THE CONDO/CO-OP TAX ABATEMENT
Unit Size
500Ft²
Days on Market
308 days
Land Size
-
Price per sqft
$1,100
Property Type
Condo
Property Taxes
$1,029
HOA Dues
$954
Year Built
1988
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
You can learn more about cap rate here .
Last updated: 6 months ago (RLS #RPLU-5122714998)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 2, 2025 | Listed by Compass | $615,000 | |
| Listed by Compass | |||
   | |||
|
Introducing Apartment 11D at the fantastic L'Isola Condominium
located at 157 East 32nd Street. This beautifully updated, high
floor alcove studio offers sweeping north-facing views featuring
the iconic Chrysler Building. With a spacious and flexible layout,
the apartment can easily be converted into a one-bedroom, making it
an excellent option for a primary residence, those seeking a
sophisticated pied-a-terre or investors. As you enter, you are
greeted with a generous living area. The…
| |||
| Aug 5, 2024 | Sold | ||
| Sold | |||
| May 20, 2024 | In contract | - | |
| In contract | |||
| May 1, 2024 | Price Decreased |
$550,000
↓ $48K
(8%) | |
| Price Decreased | |||
| Mar 6, 2024 | Price Decreased |
$598,000
↓ $27K
(4.3%) | |
| Price Decreased | |||
Show More
Property Highlights
Doorman
Elevator
Garage
Air Conditioning
With View
Interior Details
Full Bathrooms: 1
Living Area: 500
Laundry Features: Building Other
Rooms: 3
Exterior Details
Year Built: 1988
Building Name: L'ISOLA
Outdoor Living Structures: None, Balcony
Pets Allowed: Building Yes, Yes
Tax Lot: 7501
Tax Block: 00888
Financial Details
Tax Annual Amount: $12,348
Utilities Details
Cooling Type: Central Air
Location Details
Subdivision Name: Kips Bay
Stories Total: 23
View: Skyline
Association Fee: $954
Association Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Condo
Stu
1
Bath
520 ft²
$1,094/ft²
$569,000
Jul 11, 2010
$569,000
Feb 5, 2021
$1,215/mo
Condo
Stu
1
Bath
540 ft²
$1,139/ft²
$615,000
Oct 26, 2021
$615,000
Jan 7, 2022
$1,708/mo
Condo
Stu
1
Bath
521 ft²
$1,190/ft²
$620,000
Apr 27, 2020
$620,000
Oct 21, 2020
$1,656/mo
Condo
Stu
1
Bath
521 ft²
$1,209/ft²
$630,000
Mar 14, 2022
$630,000
May 20, 2022
$1,687/mo
Co-op
Stu
1
Bath
550 ft²
$909/ft²
$500,000
Apr 27, 2017
$500,000
Feb 5, 2021
$907/mo
Co-op
Stu
1
Bath
550 ft²
$909/ft²
$500,000
May 3, 2017
$500,000
Sep 12, 2017
$925/mo
Active
Condo
Stu
1
Bath
524 ft²
$1,124/ft²
$589,000
Oct 18, 2024
-
$1,216/mo
Active
Condo
Stu
1
Bath
534 ft²
$1,170/ft²
$625,000
Nov 25, 2024
-
$626/mo
Active
Condo
Stu
1
Bath
642 ft²
$1,012/ft²
$650,000
Oct 7, 2024
-
$1,234/mo
Active
Co-op
1
Bed
1
Bath
750 ft²
$785/ft²
$589,000
Apr 17, 2024
-
$1,605/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
03/25/2024
|
1 Bed
|
1 Bath
|
-
|
$999,000
1 Bed
1 Bath
|
-
-
|
-
|
Irene Nictas
Daniel Gale Sotheby's
| |
|
10/05/2023
|
Studio
|
1 Bath
|
500 ft²
|
$649,000
Studio
1 Bath
500 ft²
|
$550,000
-15.25%
08/05/2024
|
-
|
Amy Wilder
Elliman
| |
|
08/04/2023
|
2 Bed
|
2 Bath
|
-
|
$1,399,999
2 Bed
2 Bath
|
-
-
|
-
|
Xiujuan Wu
Winzone Realty Inc
| |
|
02/19/2023
|
1 Bed
|
1 Bath
|
-
|
$925,000
1 Bed
1 Bath
|
$820,000
-11.35%
10/11/2023
|
Alex Antigua
Compass
| ||
|
08/14/2022
|
1 Bed
|
1 Bath
|
-
|
$625,000
1 Bed
1 Bath
|
$598,000
-4.32%
12/09/2022
|
Marc G Windheuser
RE/MAX City Square
| ||
|
08/10/2022
|
3 Bed
|
3 Bath
|
1500 ft²
|
$2,500,000
3 Bed
3 Bath
1500 ft²
|
$2,200,000
-12.00%
02/23/2023
|
-
|
Tracey Rogers
Corcoran Group
| |
|
07/05/2022
|
2 Bed
|
2 Bath
|
1023 ft²
|
$1,595,000
2 Bed
2 Bath
1023 ft²
|
$1,412,500
-11.44%
09/27/2022
|
Julia Cahill
Corcoran Group
| ||
|
05/22/2022
|
2 Bed
|
2 Bath
|
-
|
$1,500,000
2 Bed
2 Bath
|
-
-
|
-
|
Shibao Li
LW 21 LLC
| |
|
03/24/2022
|
1 Bed
|
1 Bath
|
-
|
$599,000
1 Bed
1 Bath
|
-
-
|
-
|
Alexei Lyalin
R New York
| |
|
03/14/2022
|
Studio
|
1 Bath
|
521 ft²
|
$630,000
Studio
1 Bath
521 ft²
|
$615,000
-2.38%
05/19/2022
|
Corey Wecler
Compass
| ||
|
03/12/2022
|
Studio
|
1 Bath
|
521 ft²
|
$659,000
Studio
1 Bath
521 ft²
|
$639,000
-3.03%
11/22/2022
|
Angelo Navarro
Corcoran Group
| ||
|
12/08/2021
|
1 Bed
|
1 Bath
|
-
|
$875,000
1 Bed
1 Bath
|
$785,000
-10.29%
06/17/2022
|
Evan Shaffer
Douglas Elliman Real Estate
| ||
|
10/26/2021
|
Studio
|
1 Bath
|
540 ft²
|
$615,000
Studio
1 Bath
540 ft²
|
$615,000
01/07/2022
|
laura BEHAR
Douglas Elliman Real Estate
| ||
|
08/03/2021
|
1 Bed
|
1 Bath
|
570 ft²
|
$650,000
1 Bed
1 Bath
570 ft²
|
$630,000
-3.08%
01/03/2022
|
Amalia Daskalakis
Corcoran Group
| ||
|
04/27/2020
|
Studio
|
1 Bath
|
521 ft²
|
$850,000
Studio
1 Bath
521 ft²
|
$620,000
-27.06%
10/21/2020
|
Philip Hordijk
Leven Real Estate
| ||
|
01/22/2019
|
2 Bed
|
2 Bath
|
-
|
$1,195,000
2 Bed
2 Bath
|
$1,205,000
+0.84%
04/11/2019
|
- Private -
|
Phyllis Pei
Douglas Elliman Real Estate
| |
|
11/15/2018
|
1 Bed
|
1 Bath
|
650 ft²
|
$925,000
1 Bed
1 Bath
650 ft²
|
$868,948
-6.06%
05/13/2019
|
Peter Boehm
Compass
| ||
|
01/03/2018
|
2 Bed
|
2 Bath
|
-
|
$1,395,000
2 Bed
2 Bath
|
$1,215,000
-12.90%
05/25/2018
|
Ante Jakic
Compass
| ||
|
09/18/2017
|
3 Bed
|
3 Bath
|
1500 ft²
|
$2,199,000
3 Bed
3 Bath
1500 ft²
|
$1,910,000
-13.14%
03/04/2018
|
-
|
Stephanie Weisberg
Prudential Douglas Elliman Real Estate
| |
|
07/21/2017
|
1 Bed
|
1 Bath
|
675 ft²
|
$876,000
1 Bed
1 Bath
675 ft²
|
$876,000
10/31/2017
|
W David Branyan
Corcoran Group
| ||
|
07/05/2016
|
1 Bed
|
1 Bath
|
639 ft²
|
$840,000
1 Bed
1 Bath
639 ft²
|
$840,000
06/23/2017
|
Julia Hoagland
Compass
| ||
|
04/07/2016
|
Studio
|
1 Bath
|
539 ft²
|
$740,000
Studio
1 Bath
539 ft²
|
$700,000
-5.41%
09/09/2016
|
Yuka Maekawa
Sumitomo Real Estate Sales (N.Y.), Inc.
| ||
|
03/31/2016
|
1 Bed
|
1 Bath
|
707 ft²
|
$879,000
1 Bed
1 Bath
707 ft²
|
$855,000
-2.73%
02/05/2021
|
-
|
Richard Goldberg
Noble Realty
| |
|
03/28/2016
|
1 Bed
|
1 Bath
|
707 ft²
|
$899,000
1 Bed
1 Bath
707 ft²
|
-
-
|
-
|
Richard Goldberg
Noble Realty
| |
|
01/05/2016
|
1 Bed
|
1 Bath
|
707 ft²
|
$925,000
1 Bed
1 Bath
707 ft²
|
-
08/03/2016
|
Richard Goldberg
Noble Realty
| ||
|
12/16/2015
|
2 Bed
|
2 Bath
|
910 ft²
|
$1,315,000
2 Bed
2 Bath
910 ft²
|
-
07/13/2016
|
Steven Halstead
Halstead dba Brown Harris Stevens Residential Sales LLC
| ||
|
10/30/2015
|
2 Bed
|
2 Bath
|
1023 ft²
|
$1,450,000
2 Bed
2 Bath
1023 ft²
|
$1,267,500
-12.59%
04/29/2016
|
Angelica Novaes
Douglas Elliman Real Estate
| ||
|
07/16/2015
|
Studio
|
1 Bath
|
500 ft²
|
$689,000
Studio
1 Bath
500 ft²
|
$670,000
-2.76%
06/17/2016
|
Cindy Ung
Triumph Property Group
| ||
|
06/04/2015
|
Studio
|
1 Bath
|
521 ft²
|
$759,000
Studio
1 Bath
521 ft²
|
$748,500
-1.38%
09/02/2015
|
Joan Swift
Douglas Elliman Real Estate
| ||
|
03/18/2015
|
Studio
|
1 Bath
|
500 ft²
|
$699,999
Studio
1 Bath
500 ft²
|
$682,500
-2.50%
06/12/2015
|
Vanessa Claire
Elliman
| ||
|
07/23/2014
|
Studio
|
1 Bath
|
500 ft²
|
$675,000
Studio
1 Bath
500 ft²
|
$660,000
-2.22%
12/15/2014
|
Mariely Taveras
BLU Realty Group
| ||
|
09/21/2013
|
Studio
|
1 Bath
|
550 ft²
|
$629,000
Studio
1 Bath
550 ft²
|
-
-
|
-
|
Marc Windheuser
RE/MAX Team
| |
|
09/03/2013
|
2 Bed
|
2 Bath
|
904 ft²
|
$1,195,000
2 Bed
2 Bath
904 ft²
|
$1,060,000
-11.30%
01/30/2014
|
Laurel Rosenbluth
Kleier Residential Inc
| ||
|
08/23/2013
|
Studio
|
1 Bath
|
-
|
$375,000
Studio
1 Bath
|
$365,000
-2.67%
02/05/2021
|
-
|
Stuart I Moss
Corcoran Group
| |
|
07/31/2013
|
1 Bed
|
1 Bath
|
-
|
$785,000
1 Bed
1 Bath
|
$740,000
-5.73%
09/25/2013
|
Daniel Kerin
Kleier Residential Inc
| ||
|
05/24/2013
|
3 Bed
|
3 Bath
|
1921 ft²
|
$2,450,000
3 Bed
3 Bath
1921 ft²
|
$2,450,000
02/05/2021
|
-
|
Susan Greenfield
Brown Harris Stevens
| |
|
03/08/2013
|
1 Bed
|
1 Bath
|
-
|
$725,000
1 Bed
1 Bath
|
$738,000
+1.79%
07/12/2013
|
Randolph Green
Elliman
| ||
|
09/30/2012
|
Studio
|
1 Bath
|
-
|
$439,000
Studio
1 Bath
|
$415,000
-5.47%
04/26/2013
|
Myra McCormack
Douglas Elliman Real Estate
| ||
|
09/24/2012
|
Studio
|
1 Bath
|
-
|
$439,000
Studio
1 Bath
|
-
11/06/2012
|
Myra McCormack
Elliman
| ||
|
09/20/2012
|
1 Bed
|
1 Bath
|
550 ft²
|
$639,000
1 Bed
1 Bath
550 ft²
|
-
10/09/2012
|
SCOTT SALTIEL
Elliman
| ||
|
07/11/2010
|
Studio
|
1 Bath
|
520 ft²
|
$539,000
Studio
1 Bath
520 ft²
|
$569,000
+5.57%
02/05/2021
|
-
|
Veena Prakash
R New York
| |
|
01/30/2003
|
1 Bed
|
1 Bath
|
521 ft²
|
$350,000
1 Bed
1 Bath
521 ft²
|
-
04/21/2003
|
Lisa Nederlander
The Corcoran Group
|
Building Info
About Midtown Manhattan
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Listed by: Amy Wilder
Listing Courtesy of Douglas Elliman Real Estate
Last Updated: 6 months ago
Last Checked: 5 minutes ago
Data Source: REBNY (©2024 Real Estate Board of New York)
The information is being provided by REBNY Listing Service, Inc. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 REBNY Listing Service, Inc. All rights reserved. RLS Data display by RH Advisors.
Listing Courtesy of Douglas Elliman Real Estate
Last Updated: 6 months ago
Last Checked: 5 minutes ago
Data Source: REBNY (©2024 Real Estate Board of New York)
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc. CalDRE: 00494703
