1 year on rocket

218 E 31st St, New York City, NY, 10016

$4,995,000

6 Bedrooms
5 Full Baths, 2 Partial
4,000 SqFt
$1,249/SqFt
Townhouse
Schools Nearby

Location

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Property Highlights

Home TypeTownhouse
Year Built1901
CoolingCentral Air
FireplaceDecorative
MLS #PRCH-7527604
StatusActive

About 218 E 31st St

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

Property Features

Property Information:

  • Architectural Style: Prewar
  • Year Built: 1901
  • Living Area: 4,000 SqFt

Listing Office:

  • Office Name: Leslie J Garfield & Co Inc
  • Office Phone: (212) 371-8200
  • Listing Agent: Sophie Smadbeck
  • Agent Phone: (212) 371-8200

Interior Features

Interior Information:

  • Appliances: Dishwasher
  • Interior: Eat-in Kitchen
  • Fireplace: Decorative

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 5
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Exterior: Building Garden, Garden

Lot Features

Lot Information:

  • Lot: Garden

Utilities

Utilities Information:

  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,995,000
  • Price Per SqFt: $1,249/SqFt

HOA Fees:

  • Amount: $0
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in New York, NY.

Med. Sold Price

$849.1K

Med. Price/SqFt

$639

Avg. Days On Market

96

# of Sold Homes

1674

218 E 31st St vs New York

379 DAYS ON ROCKET

+283 Days

$4,995,000

+$4.1M More

$1,249/SqFt

+$609 More

KEY TAKEAWAY

This property is $4.1M more than the Median Sold Price and $609/SqFt more than other homes in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #PRCH-7527604

Listing Office:

  • Office Name: Leslie J Garfield & Co Inc
  • Office Phone: (212) 371-8200
  • Listing Agent: Sophie Smadbeck
  • Agent Phone: (212) 371-8200

IDX ©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.

Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 5/4/2024, 10:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$24.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$15K

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-5876962
7
/10
  • PS 116 Mary Lindley Murray

  • 210 E 33rd St

  • 0.09 miles

  • Public District Grades KG-5

school-card-donut-5876963
10
/10
  • River School (The)

  • 425 E 35th St

  • 0.33 miles

  • Public District Grades PK-KG

school-card-donut-5876964
10
/10
  • PS 40 Augustus Saint-Gaudens

  • 320 E 19th St

  • 0.61 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $130,082. Typical income of New York, NY residents is between $100k-200k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 218 E 31st St

What is the listing price of this property?

The listing price of 218 E 31st St property is $4,995,000.

What type of property is this?

The property 218 E 31st St is a townhouse located in New York City, New York, 10016.

Is this property for sale now?

Active Listing: 218 E 31st St is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 218 E 31st St has 6 bedrooms and 5 full and 2 half bathrooms.

What is the square footage of this property?

The property 218 E 31st St is 4,000 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 218 E 31st St is 1901.
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Rocket HomesNew YorkNew York10016218 E 31st St

This home is located at 218 E 31st St in New York City, NY and zip code 10016 in the Kips Bay neighborhood. This 4,000 square foot home was built in 1901. Features: 6 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since April 20, 2023 and is currently priced at $4,995,000.

In April 2024 more than 168 listings in New York, NY were sold above the asking price. During the same period more than 758 listings were sold at asking price, while more than 748 were sold below. Between March 2024 and April 2024, New York, NY real estate market has seen increase in the number of listings by 3.8%. The median list price of listings available in April 2024 was $849,191, while the average time on the real estate market was 96 days.

From Rocket Homes Real Estate and based on county public records data.

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