by RH Advisors

Check Availability
$4,995,000
Townhouse - For Sale

218 E 31st Street #HOUSE

Manhattan, NY 10016
bedrooms
6 Beds
bathrooms
7 Baths, 2 Half Baths
square feet
4000 Sqft
$27,896
Estimated Monthly
2.55%
Cap Rate

About This Property

Welcome to 218 East 31st Street – a beautifully renovated, 20'-wide Greek Revival style townhouse constructed in 1901. On the market for only the second time in more than half a century, this impeccably maintained home offers everything from a flexible layout that is limited only by your imagination, generously sized rooms, spectacular natural light, a massive and tranquil private garden, three wood burning fireplaces, recent home improvements (including new HVAC, whole house filtration system, boiler and piping), abundant storage throughout, and much more.

As you walk down the picturesque, tree-lined street, your eyes will be instantly drawn to the timeless red brick and brownstone facade with a quintessential high stoop and black wrought-iron railings along with a large forecourt and two separate entries. As you step inside this 5-floor townhome, you are greeted by gracious ceiling heights throughout, a coveted 20' of width, beautiful hardwood floors, and an abundance of natural light that pours in through oversized windows at all hours.

The heart of this three-family home is the compelling owner's triplex that occupies the garden and parlor floors, as well as a finished basement with a newly remodeled full bath that can serve as a home gym, media room, playroom, or extra bedroom. The unit's grand living and dining areas exude elegance and warmth – with a cozy fireplace, modern finishes, and floor-to-ceiling windows overlooking the beautifully landscaped, southern-facing private backyard. This outdoor sanctuary is a true urban retreat, featuring a generous patio, lush greenery, mature trees, and ample space for al fresco dining, entertaining, or simply unwinding after a long day. The third and fourth floors each contain large two-bedroom, 1.5 bath floor-through apartments that are filled with natural light throughout the day. The property can be delivered vacant at closing, which presents discerning buyers the unique opportunity to incorporate the upper apartments into the owner's unit to create a stunning single-family dream home or a two-family investment property. In addition, 218 East 31st Street has more than 2,700 s.f. of unused FAR, offering the incredibly valuable optionality to add an additional floor/floors if desired. This home is move-in ready – with several recent improvements made to the house, which speak to the quality and care taken by its current owners.

Nestled on a charming, tree-lined townhouse block in the heart of Kips Bay, this prime location is steps from public transportation, the East River Esplanade, Trader Joe's, world-class dining and shopping options, and Grand Central Terminal and also offers immediate proximity to the vibrant Gramercy and NoMad districts. One of the distinct characteristics of this sought-after block is that 31st Street begins at 2nd Avenue, and the lack of through traffic ensures a quiet and safe atmosphere for residents. In a city where properties change hands frequently, don't miss your chance to own this rare find and create a legacy for generations to come.
Unit Size
4,000Ft²
Days on Market
402 days
Land Size
0.05 acres
Price per sqft
$1,249
Property Type
Townhouse
Property Taxes
$3,369
HOA Dues
-
Year Built
1901

Listed By

Matthew Lesser
Garfield, Leslie J. & Co., Inc.
Last updated: 3 months ago (RLS #PRCH-7527604)

Price History

Date / Event Date Event Price
Apr 20, 2023 Listed by Leslie J Garfield & Co Inc $4,995,000
Listed by Leslie J Garfield & Co Inc

Property Highlights

Air Conditioning
Fireplace
Interior Details

Bedroom Information

Bedrooms: 6

Bathroom Information

Full Bathrooms: 5
Half Bathrooms: 2

Interior Information

Interior Features: Eatin Kitchen
Appliances: Dishwasher
Living Area: 4000

Room Information

Laundry Features: In Unit
Rooms: 10

Fireplace Information

Has Fireplace
Decorative
Fireplaces: 1
Exterior Details

Property Information

Year Built: 1901

Building Information

Pets Allowed: Building Dogs O K, Dogs O K

Lot Information

Garden
Lot Size Dimensions: 20.0 x 98.75

Land Information

Tax Lot: 0054
Tax Block: 00911

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Townhouse
5 Beds
3 Baths
4,320 ft²
$1,085/ft²
$4,687,500 May 7, 2018
$4,687,500 Jun 26, 2019
-
House
5 Beds
5 Baths
4,800 ft²
$1,041/ft²
$4,995,000 May 3, 2018
$4,995,000 Jan 23, 2019
-
Townhouse
6 Beds
5 Baths
-
$5,200,000 Apr 21, 2021
$5,200,000 May 24, 2021
-
House
4 Beds
4 Baths
4,148 ft²
$1,122/ft²
$4,653,000 May 18, 2022
$4,653,000 Oct 24, 2022
-
Townhouse
Stu
-
3,984 ft²
$1,104/ft²
$4,400,000 Feb 8, 2021
$4,400,000 Jun 17, 2021
-
House
5 Beds
5 Baths
-
$4,200,000 Jun 7, 2021
$4,200,000 Jan 31, 2022
-
Townhouse
6 Beds
5 Baths
4,500 ft²
$1,097/ft²
$4,935,000 Dec 22, 2022
-
$3,529/mo
Townhouse
3 Beds
2 Baths
3,780 ft²
$1,429/ft²
$5,400,000 Nov 7, 2022
-
$3,711/mo
Townhouse
4 Beds
4 Baths
3,880 ft²
$1,082/ft²
$4,200,000 Feb 27, 2023
-
$2,840/mo
House
4 Beds
6 Baths
5,688 ft²
$825/ft²
$4,695,000 Jun 21, 2023
-
$4,848/mo
Condo
3 Beds
3 Baths
2,451 ft²
$1,632/ft²
$4,000,000 Feb 8, 2024
-
$3,001/mo
Condo
2 Beds
3 Baths
1,715 ft²
$2,679/ft²
$4,595,000 May 16, 2023
-
$5,623/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

218 East 31st Street 218 East 31st Street, New York, NY 10016
  • 3 Units
  • 1 Unit for Sale
More about this Building
218 East 31st Street
Want to find out who owns 218 East 31st Street, New York, NY 10016? Get detailed property transactions here .

About Midtown Manhattan


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