Located on a beautiful tree-lined block in the heart of Kips Bay, this two-family double-duplex townhome is in outstanding structural and mechanical shape and offers tremendous versatility to the discerning buyer. Currently, both duplexes are configured as 3BR/2.5ba apartments. The lower level features a glass wall formed of pivoting panoramic panels, creating a seamless transition for indoor-outdoor living--providing exceptional natural light--and a four-season view of the enormous and graciously landscaped stone terrace with planting beds hugging the perimeter. It also has exclusive access to the full-size unfinished basement. The upper level features an upgraded kitchen and offers a cohesive interior stairway directly to a (currently unfinished) roof with open views. There's lovely northern and southern light throughout, terrific storage, and a total of five usable floors.
Perched on a 17 x 98.75 lot, 217 East 31st Street is a gorgeous property that boasts over 1,700 square feet of FAR/buildable SF and can easily be turned into a gargantuan stunner of a single-family if you desire. Alternatively, you can keep it as is and live in one while renting out the other, or simply rent both units out and achieve tremendous income without the burden of common charges/HOA's. Currently vacant and will be delivered as such. The 6 train is three blocks away. Don't miss your shot at this one-of-a-kind opportunity! Contact us today to schedule your private showing. Kindly note that photos have been virtually staged to provide a sense of scale.
Sold for $4,060,000
$4,060,000
217 E 31st St, New York, NY 10016
6beds
3,332sqft
MultiFamily
Built in 1899
-- sqft lot
$4,284,800 Zestimate®
$1,218/sqft
$5,632 Estimated rent
Home value
$4,284,800
$4.07M - $4.50M
$5,632/mo
Zestimate® history
Owner options
List your home for rent
$5,632/mo
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$5,632/mo
Rent Zestimate®
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$25,096/mo
Est. payment
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$25,096/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 4
- 1/2 bathrooms: 2
Appliances
- Included: Dishwasher, Dryer, Washer
Features
- Has fireplace: Yes
Interior area
- Total interior livable area: 3,332 sqft
Property
Lot
- Size: 1,678 Square Feet
Details
- Parcel number: 009120011
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1899
Community & HOA
Location
- Region: New York
Financial & listing details
- Price per square foot: $1,218/sqft
- Tax assessed value: $4,483,000
- Annual tax amount: $40,475
Price history
| Date | Event | Price |
|---|---|---|
| 3/23/2026 | Sold | $4,060,000-7.7%$1,218/sqft |
Source: Public Record Report a problem | ||
| 2/7/2026 | Contingent | $4,400,000$1,321/sqft |
Source: StreetEasy #S1805996 Report a problem | ||
| 1/12/2026 | Listed for sale | $4,400,000-2.2%$1,321/sqft |
Source: StreetEasy #S1805996 Report a problem | ||
| 3/28/2023 | Listing removed | -- |
Source: StreetEasy Report a problem | ||
| 3/1/2023 | Price change | $4,500,000-5.3%$1,351/sqft |
Source: StreetEasy #22273899 Report a problem | ||
| 2/1/2023 | Listed for sale | $4,750,000-4%$1,426/sqft |
Source: StreetEasy #22273899 Report a problem | ||
| 1/1/2023 | Listing removed | -- |
Source: StreetEasy Report a problem | ||
| 10/28/2022 | Pending sale | $4,950,000$1,486/sqft |
Source: StreetEasy Report a problem | ||
| 7/17/2022 | Listed for sale | $4,950,000$1,486/sqft |
Source: StreetEasy Report a problem | ||
| 4/18/2022 | Listing removed | -- |
Source: StreetEasy Report a problem | ||
| 2/22/2022 | Listed for sale | $4,950,000+66.7%$1,486/sqft |
Source: StreetEasy Report a problem | ||
| 10/5/2011 | Sold | $2,970,000+14.2%$891/sqft |
Source: Public Record Report a problem | ||
| 9/28/2006 | Sold | $2,600,000$780/sqft |
Source: Public Record Report a problem | ||
| 8/31/2004 | Sold | $2,600,000$780/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $40,475 +6% | $268,980 +22.1% |
| 2024 | $38,184 +4.8% | $220,320 +0.7% |
| 2023 | $36,426 | $218,880 -3.3% |
| 2022 | -- | $226,260 -5.2% |
| 2021 | -- | $238,740 -12.2% |
| 2020 | -- | $271,920 +10.6% |
| 2019 | $33,534 +7.3% | $245,880 +64.5% |
| 2018 | $31,266 +8.8% | $149,464 +6% |
| 2017 | $28,744 +3.1% | $141,004 |
| 2016 | $27,878 | $141,004 +0.8% |
| 2015 | $27,878 +73.8% | $139,945 +6% |
| 2014 | $16,044 | $132,024 +6% |
| 2013 | -- | $124,554 +6% |
| 2012 | -- | $117,504 |
| 2011 | -- | $117,504 +0.8% |
| 2010 | -- | $116,621 +6% |
| 2009 | -- | $110,020 +6% |
| 2008 | -- | $103,795 +6% |
| 2007 | -- | $97,920 |
| 2006 | -- | $97,920 +0.8% |
| 2005 | -- | $97,185 +6% |
| 2004 | -- | $91,684 +6% |
| 2003 | -- | $86,496 +6% |
| 2002 | -- | $81,600 |
| 2001 | -- | $81,600 +0.8% |
| 2000 | -- | $80,988 |
Find assessor info on the county website
Neighborhood: Kips Bay
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Nearby schools
GreatSchools rating
- 5/10Ps 116 Mary Lindley MurrayGrades: PK-6Distance: 0.1 mi
- 8/10Jhs 104 Simon BaruchGrades: 6-8Distance: 0.6 mi
- 4/10Manhattan Academy For Arts And LanguagesGrades: 9-12Distance: 0.2 mi