248 E 31st Street #4A
About This Property
The Greentree Condominium was originally built as a school/rectory in the early 1900's and is on a quintessential tree-lined street. This boutique building with a stately presence features a 24 hour lobby attendant, a full-time superintendent, a lovely planted roof deck with river views, bike storage, storage units (wait list) and is pet friendly. The location can't be beat. You are within a few blocks from Fairway, Trader Joe's, the AMC movie theatre, an incredible array of shops and restaurants, a number of hospitals and several highly regarded schools. Close to a multitude of transportation options. Please be sure to click on "virtual tour" to see a video of this lovely home as well as several roofdeck shots.
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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 .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Apr 18, 2024 | Listed by Compass | $1,550,000 | |
Listed by Compass | |||
| |||
This beautiful pre-war 2 bedroom/2 bathroom CONDO has a gracious
layout with lovely trees, sky and gorgeous townhouse views. This
home has a wonderful flow and the rooms are all spacious in size. A
few of the many attributes of this move-in ready gem are the white
oak wide-strip flooring throughout, a wood-burning fireplace, an
in-unit Washer and Dryer, an eat-in kitchen and dining room, an
expansive primary bedroom with an ensuite bath, 2 full windowed
bathrooms that have been tastefully…
| |||
Mar 16, 2017 | Sold to Jessica Lui, Christopher Wood | ||
Sold to Jessica Lui, Christopher Wood | |||
Nov 7, 2016 | Listed by City Connections Realty | $1,550,000 | |
Listed by City Connections Realty | |||
| |||
If a ONE OF A KIND is what you are looking for it doesn't get more
unique thank this prewar 2 bed 2 bath Condo with north and south
exposure.
Live on a quintessential tree lined street in a turn of the century
school/rectory converted in the 80's to a condo teeming with charm
and the conveniences of a great location. No two units are the
same.
'Step up' into large Living room and enjoy winter evening in front
of your wood- burning fireplace. Then 'step down' into a separate
dining room…
|
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
10/03/2019
|
2 Bed
|
3 Bath
|
-
|
$1,395,000
2 Bed
3 Bath
|
$1,125,000
-19.35%
10/20/2020
|
-
|
Gage Rand
Brown Harris Stevens Residential Sales LLC
| |
03/14/2018
|
2 Bed
|
2 Bath
|
-
|
$1,450,000
2 Bed
2 Bath
|
$1,450,000
06/12/2018
|
-
|
Gage Rand
Brown Harris Stevens Residential Sales LLC
| |
03/29/2017
|
2 Bed
|
2.5 Bath
|
1600 ft²
|
$1,798,000
2 Bed
2.5 Bath
1600 ft²
|
$1,825,000
+1.50%
07/07/2017
|
-
|
Carol Robinson
Elliman
| |
03/29/2017
|
3 Bed
|
2.5 Bath
|
1957 ft²
|
$2,000,000
3 Bed
2.5 Bath
1957 ft²
|
-
-
|
-
|
Ehud Eliasi
Compass
| |
11/07/2016
|
2 Bed
|
2 Bath
|
-
|
$1,550,000
2 Bed
2 Bath
|
$1,550,000
02/05/2021
|
-
|
Lynda Deppe
Compass
| |
07/08/2015
|
1 Bed
|
1 Bath
|
1184 ft²
|
$1,185,000
1 Bed
1 Bath
1184 ft²
|
$1,185,000
03/24/2017
|
-
|
Armanda C
Douglas Elliman Real Estate
| |
06/09/2015
|
2 Bed
|
2.5 Bath
|
2035 ft²
|
$1,300,000
2 Bed
2.5 Bath
2035 ft²
|
$1,300,000
02/05/2021
|
-
|
Sofia Dmitriyeva
R New York
| |
08/13/2014
|
2 Bed
|
1.5 Bath
|
1100 ft²
|
$1,050,000
2 Bed
1.5 Bath
1100 ft²
|
-
-
|
-
|
Olivier Pomedio
Corcoran Group
| |
05/15/2014
|
2 Bed
|
2 Bath
|
1276 ft²
|
$1,680,000
2 Bed
2 Bath
1276 ft²
|
-
-
|
-
|
Carrie Chiang
The Corcoran Group
| |
03/10/2014
|
2 Bed
|
2 Bath
|
1220 ft²
|
$1,145,000
2 Bed
2 Bath
1220 ft²
|
$1,145,000
07/10/2014
|
-
|
Jaswant Lalwani
The Corcoran Group
| |
01/23/2014
|
1 Bed
|
1 Bath
|
1050 ft²
|
-
1 Bed
1 Bath
1050 ft²
|
$1,177,777
12/20/2013
|
-
|
Patricia Galante
The Corcoran Group
| |
10/16/2013
|
2 Bed
|
2 Bath
|
1133 ft²
|
$1,295,000
2 Bed
2 Bath
1133 ft²
|
-
-
|
-
|
Mark Landrey
Douglas Elliman Real Estate
| |
09/21/2013
|
2 Bed
|
1 Bath
|
1134 ft²
|
$999,000
2 Bed
1 Bath
1134 ft²
|
-
-
|
-
|
Julia Ford
Douglas Elliman Real Estate
| |
09/21/2013
|
2 Bed
|
2 Bath
|
1300 ft²
|
$1,299,000
2 Bed
2 Bath
1300 ft²
|
-
-
|
-
|
JENNIFER KALISH
Prudential Douglas Elliman Real Estate
|
Building Info
- 30 Units
- 2 Units for Sale
About Midtown Manhattan
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