218 East 31st Street

$4,995,000
Price
6
Beds
5
Baths
2
1/2 Baths
4,000 Sq. Ft.
$1,249 / Sq. Ft.
4,000
Sq. Ft.
$1,249
per Sq. Ft.

Description

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...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 façade 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.

Property Details for 218 East 31st Street

Architectural Style
Prewar

Location

Listing Courtesy of Leslie J Garfield & Co Inc
Add your commute
LISTING UPDATED: 02/28/2024 05:50 PM

Property Details for 218 East 31st Street

StatusActive
MLS IDPRCH-7527604
Days on Market372
Taxes$3,369 / month
Maintenance-
Min. Down Pymt-
Total Rooms10.0
Compass TypeTownhouse
MLS TypeHouse/Building
Year Built1901
Lot Size1,975 SF / 20' x 98'
CountyNew York County

Building

218 E 31st St

3 Units3 StoriesBuilt in 1901

Location

Listing Courtesy of Leslie J Garfield & Co Inc
Add your commute

Building Information for 218 East 31st Street

Stories3Residences3Year Built1901Building Size20' x 40'Building Sq. Ft2,400 SFLot Size1,975 SF / 20' x 98'Building AgePre-warBuilding TypeTownhouse

Payment Calculator

$30,629 per month

30 year fixed, 7.25% Interest

Principal and Interest

$27,260

Property Taxes

$3,369

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 218 East 31st Street

Summary
Location and General Information
  • Subdivision Name: Kips Bay
  • Stories Total: 4
  • Exposures: North, South
  • Garage Spaces: 0.0
Taxes and HOA
  • Tax Lot: 0054
  • Tax Block: 00911
  • Association Fee Frequency: Monthly
  • Building Tax Lot: 0054
  • Tax Abatement YN: false
Parking
  • Garage: No
  • Garage Spaces Assigned YN: false
Property
Lot Information
  • Living Area: 4000.0
  • Building Area Total: 800.0
  • Building Area Units: SquareFeet
  • Lot Features: Garden
  • Lot Size Dimensions: 20.0 x 98.75
  • Living Area Units: SquareFeet
Building Information
  • Building Exterior Features: Garden
  • Building Laundry Features: InUnit
  • Building Pets Allowed: BuildingDogsOK
Property and Assessments
  • New Development: No
  • Sponsor Unit: No
  • Certificate Of Occupancy: No
  • Common Interest: None
  • New Construction: No
  • Structure Type: None, Townhouse
Interior and Exterior Features
Exterior Features
  • Exterior Features: Garden
Interior Features
  • Cooling: CentralAir
  • Appliances: Dishwasher
  • Fireplace Features: Decorative
  • Fireplaces Total: 1
  • Fireplace: Yes
  • Furnished: Unfurnished
  • Interior Features: EatInKitchen
  • Laundry Features: InUnit
  • Levels: MultiSplit
  • Room Type: Office
  • ElevatorsTotal: 0
  • Size Dimensions: 20x40
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
Rental
Rental Information
  • Pets Allowed: UnitDogsOK
  • Attendance Type: None

Property History for 218 East 31st Street

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 218 East 31st Street

Taxable ValueLand$140,940Additions$104,160Total$245,100
Home Facts
Total Finished SqFt3,200 SqFtLot Size1,975 SqFtYear Built1901ZoningR7BAPN1009110054

Schools near 218 East 31st Street

This home is within New York City Geographic District # 2.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 6 to 8
Public - 6 to 8
Rating
School
Distance
P.S. 116 Mary Lindley Murray
PublicPK to 5

Nyc Lab Ms For Collaborative Studies
Public6 to 8

Lower Manhattan Community Middle School
Public6 to 8

Jhs 104 Simon Baruch
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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218 East 31st Street is a townhouse for sale in Kips Bay. This property was listed for sale on April 20, 2023 by Leslie J Garfield & Co Inc, it's currently listed at $4,995,000. It has been on the market for a total of 372 days and was last sold on April 16, 2015. This listing's school district is New York City Geographic District # 2. Nearby schools include P.S. 116 Mary Lindley Murray, Nyc Lab Ms For Collaborative Studies and Lower Manhattan Community Middle School. 218 East 31st Street is a 6-bed, 6-bath, 4,000 sqft townhouse built in 1901.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Leslie J Garfield & Co Inc

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.