218 E 31st St, New York, NY 10016
FOR SALE

218 E 31st St
New York, NY 10016

Kips Bay
  • 6 Beds
  • 7 Baths
  • 4,000 sqft
  • 6 Beds
  • 7 Baths
  • 4,000 sqft

$4,995,000

Est. Mortgage $30,114/mo*
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Local Information

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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 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.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Cooling only
HOA
None
Price/Sqft
$1,249
Listed
180+ days ago
Listing by: Leslie J. Garfield, (212) 574-6970

Home Details for 218 E 31st St

Days on Market

Days on Market: 180+ Days on Trulia

Property Information

Year Built
Year Built: 1901
Property Type / Style
Property Type: Single Family Home

Interior Features

Appliances & Utilities
DishwasherDryerWasher
Heating & Cooling
Air ConditioningCooling System: Central Air

Exterior Features

Exterior Home Features
Garden

Price & Status

Price
Price Per Sqft: $1,249

Community

Units in Building: 3

Price History for 218 E 31st St

DatePriceEventSource
04/20/2023$4,995,000Listed For SaleStreetEasy
07/21/2010$2,995,000Sold
N/A

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Property Taxes and Assessment

Year2023
Tax
Assessment$4,085,000
Home facts updated by county records

Comparable Sales for 218 E 31st St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
246 E 49th St, New York, NY
0.90
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$7,000,000
03/06/24
7
4
5,690
64 E 7th St, New York, NY
1.18
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$9,850,000
04/16/24
4
7
7,060
118 W 12th St, New York, NY
1.15
Single-Family Home
$17,900,000
12/08/23
5
5
6,600
29 Beekman Pl, New York, NY
1.03
Single-Family Home
$27,500,000
10/13/23
6
10
12,230
15 Bank St, New York, NY
1.31
Single-Family Home
$28,000,000
04/05/24
5
7
6,000

What Locals Say about Kips Bay

  • Trulia User
    "A mixture of all people living together. I like the small businesses and restaurants. It is very lively."
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  • Trulia User
    "the people and location. tons of pubs and restaurants. expensive but worth the price. unique place......................"
    1
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  • Guevarac61
    "I don’t live here, just visiting. I don’t know much about area except that it’s very well kept, clean and accesible to public transportation."
    1
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  • Iaaktwenty288
    "safety and security for children in this community is very much secured. highly recommended neighborhood. "
    0
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  • Sasha R.
    "Lots of parks not too far away for dogs. Sidewalks are great. Lots of trash cans to throw out poop. "
    0
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  • Xena20208
    "Near restaurants...stores...clothes shopping...parks....swimming pools...churches...New York city is the epicenter of happiness...life...joy...."
    5
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  • Rkleinnyc
    "Good access to transportation. Both bus and trains. Close to Grand Central for Metro North. Close to East River Ferries."
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  • Fleeemail
    "Super convenient to get to a lot of different areas of city. Being in District 2, good position when applying to NYC schools. "
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  • Comixace
    "I walk to work it takes 10 minutes and I pass tons of lunch spots and shops. It’s a fantastic neighborhood-one of the best in the city. "
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  • Louisuaec
    "Close to many private and public schools . Their are also many parks and playgrounds nearby. I enjoy the two ferry stops on 34th and 17th street and there fdr."
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  • R
    "Lots of subway lines within a 10 min walk including the 6 and the N, R, W. Commuting is better than most areas. "
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  • Arch
    "I’ve live here and it’s the best neighborhood. Safe and convenient, living in the city of dreams. Kips Bay is a neighborhood in New York City, New York with a population of 35,067. Kips Bay is one of the best places to live in New York. Living in Kips Bay offers residents an urban feel and most residents rent their homes. In Kips Bay there are a lot of bars, restaurants, coffee shops, and parks."
    4
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  • Blinda333
    "A wonderful neighborhood where you can make friends and people are always willing to help each other. Schools are close by and there are many playgrounds for kids. There are great restaurants as well as Fairway, Trader Joe’s, Target, and Bed,Bath, and Beyond coming soon."
    2
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  • Julioramirez559
    "I drive to work I work in this neighborhood I live in Brooklyn not too far from here. I know this neighborhood for about 14 years now and I never have problems "
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  • Blinda333
    "Treat all the children in our building with a Halloween parade and residents post their apartment numbers for the children to ring their doorbell. Our building also gives the children some treats."
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  • Rkleinnyc
    "People walking all sizes dogs in this neighborhood especially since we are close to Madison Square Park. "
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  • World1importexport
    "changing fast and very loud. soon it will be like time square and no more sun rays with the new high rises blocking the sun"
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  • Rkleinnyc
    "Close the to friendly and safe parks such as Madison Square Park, Stuyvesant Cove onThe East River. Dog friendly restaurants are in the neighborhood such as Dog &Bone. "
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  • Javier.villalta1
    "It’s a nice enough place to live and work there are plenty of places to eat banks are close by and supermarkets to bus lines on first and second ave we have 3 hospitals close by "
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  • Rcbm13
    "Lots of trees, side walks, safe and within a 15 min walk to union square, subway, flatiron, union square farmers market. Pet friendly with great dog parks and riverside walkway. "
    4
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  • Craig K.
    "Super dog friendly. Several restaurants (namely Banc) with outside spaces that are dog friendly, walking distance to Madison Square and Stuyvesant dog parks."
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  • Stephaniemoyers
    "It’s residential and close to everything. Great area and lots of things to do. Close to water and awesome East River Running path"
    5
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  • lavernemangum
    "Good location-convenient to stores public transportation,near important landmarks such as Cathedral of St John,Divine, Central Park, Columbia University, also nice middle class apt building that is not too large,just right and people are friendly."
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LGBTQ Local Legal Protections

Sophie Smadbeck - Licensed Real Estate Salesperson, Leslie J. Garfield
218 E 31st St, New York, NY 10016 is a 6 bedroom, 7 bathroom, 4,000 sqft single-family home built in 1901. 218 E 31st St is located in Kips Bay, New York. This property is currently available for sale and was listed by StreetEasy on Sep 11, 2023.