A stabbing victim has been hospitalised after an alleged attack in Sydney’s Eastern Suburbs on Saturday.

The victim — a man in his 30s — suffered face and hand injuries in the alleged stabbing on Warners Ave in Bondi Beach.

He was found by emergency services responding to reports of an assault about 11.15pm.

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NSW Ambulance paramedics treated him there, before taking the victim to St Vincent’s Hospital in a stable condition.

Shortly after, detectives arrived at a unit block minutes away on Ramsgate Ave.

A 32-year-old man was arrested, taken into custody with paper bags placed over his hands.

He was charged with reckless wounding, and was refused bail to appear in court on Sunday.

Investigations are ongoing and anyone with information about the incident.

A 32-year-old man was arrested with bags covering his hands. Credit: 7NEWS

The suspect was taken into custody outside a unit block just one street away from where the stabbing took place Credit: 7NEWS