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Dates: 10 August 1932-13 August 1932
Heats
Repechages
Final
| Rank | Name | Nation | Time |
| 1 | Hans Eller; Horst Hoeck; Walter Meyer; Joachim Spremberg; Carlheinz Neumann (Coxswain) | GER | 7:19.0 |
| 2 | Bruno Vattovaz; Giovanni Plazzer; Riccardo Divora; Bruno Parovel; Giovanni Scher (Coxswain) | ITA | 7:19.2 |
| 3 | Jerzy Braun; Janusz Ślązak; Stanisław Urban; Edward Kobyliński; Jerzy Skolimowski (Coxswain) | POL | 7:26.8 |
| 4 | Noel Pope; Somers Cox; Charley Saunders; John Solomon; Delmont Gullery (Coxswain) | NZL | 7:32.6 |
| Repechages | |||
| 5 | Francis English; Harry Grossmiller; Charles Drueding; Edward Marshall; Thomas Mack (Coxswain) | USA | 7:41.6 |
| 6 | Rokuro Takahashi; Norio Ban; Umetaro Shibata; Daikichi Suzuki; Shokichi Nanba (Coxswain) | JPN | 7:47.0 |
| Heats | |||
| 7 | Osório Pereira; Olivério Popovitch; Durval Lima; João Francisco de Castro; Americo Fernandes (Coxswain) | BRA | 7:29.4 |