$4,995,000
●
Townhouse -
For Sale
218 E 31st Street #HOUSE
Manhattan, NY 10016
6 Beds
7 Baths,
2
Half Baths
4000 Sqft
$27,896
Estimated Monthly
$0
HOA / Fees
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.
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
366 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
Last updated: 2 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
Financial Details
Tax Annual Amount: $40,428
Utilities Details
Cooling Type: Central Air
Location Details
Subdivision Name: Kips Bay
Stories Total: 4
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
Townhouse
5
Beds
3
Baths
4,320 ft²
$1,085/ft²
$4,687,500
May 7, 2018
$4,687,500
Jun 26, 2019
-
Sold
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
-
Active
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
In Contract
Townhouse
4
Beds
4
Baths
3,880 ft²
$1,082/ft²
$4,200,000
Feb 27, 2023
-
$2,840/mo
Active
House
4
Beds
6
Baths
5,688 ft²
$825/ft²
$4,695,000
Jun 21, 2023
-
$4,848/mo
Active
Condo
3
Beds
3
Baths
2,451 ft²
$1,632/ft²
$4,000,000
Feb 8, 2024
-
$3,001/mo
Active
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
About Midtown Manhattan
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