Pending

218 East 31st Street

New York City NY, 10016

$4,995,000


$1,248.75 per sqft

Pending

6 Beds

7 Baths

4,000 sqft

Town House

Built in 1901

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.

PRCH-7527604

MLS ID

April 20, 2023

Listed

August 23, 2024

Updated

Map

218 East 31st Street
New York City NY, 10016

Interior Features

Total Stories

4


Bedrooms

6


Total Bathrooms

7


Full Bathrooms

5


Half Bathrooms

2


Interior Features

Eat-in Kitchen


Appliances

Dryer, Washer/Dryer Stacked, Dishwasher, Washer


Laundry Description

In Unit


Fireplace

Yes


Fireplace Description

Decorative


Cooling

Yes


Cooling Description

Central Air


Heating

No

Exterior/Building Features

Lot Size

0.05 Acres


Exterior Features

Building Garden, Garden


Lot Features

Garden


Architectual Style

Prewar

Other Property Details

Taxes

$40,428


Tax Frequency

Annually


HOA Frequency

Monthly


Garage

No


View

No


County

NewYork


Pool

No

Listing History

Date

Event

Price

8/14/2024

Pending

Listed by Sophie Smadbeck with Leslie J Garfield & Co Inc
Listing Contact: (212) 371-8200 

The IDX display contains information sourced from the Real Estate Board of New York as of 8/23/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2024 Real Estate Board of New York all rights reserved.

Data last updated on 8/23/2024 at 6:55 PM UTC

 

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