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Sold
  • $4,300,000

    218 E 31st St, New York, NY 10016

    6beds
    4,000sqft
    Single Family Residence
    Built in 1901
    -- sqft lot
    $5,316,600 Zestimate®
    $1,075/sqft
    $21,443 Estimated rent

    Home value

    $5,316,600

    $4.41M - $6.33M

    $21,443/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Sophie Smadbeck,

    Leslie J. Garfield,

    Matthew Lesser

    Source: StreetEasy,MLS#: S1658129

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 7
    • Full bathrooms: 5
    • 1/2 bathrooms: 2
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Washer/Dryer
    Features
    • Flooring: Hardwood
    Interior area
    • Total structure area: 4,000
    • Total interior livable area: 4,000 sqft

    Property

    Features
    • Patio & porch: Other
    • Exterior features: Garden
    • Has view: Yes
    • View description: City, Garden, Skyline
    Details
    • Parcel number: 009110054
    • Special conditions: Resale

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • Year built: 1901

    Community & HOA

    Community
    • Subdivision: Kips Bay
    Location
    • Region: New York

    Financial & listing details

    • Price per square foot: $1,075/sqft
    • Tax assessed value: $4,237,000
    • Annual tax amount: $40,428
    • Date on market: 4/20/2023

    Price history

    DateEventPrice
    10/3/2024Sold$4,300,000-13.9%$1,075/sqft
    Source: Public Record Report a problem
    8/14/2024Pending sale$4,995,000$1,249/sqft
    Source: StreetEasy #1658129 Report a problem
    11/10/2023Listing removed--
    Source: StreetEasy Report a problem
    4/20/2023Listed for sale$4,995,000+66.8%$1,249/sqft
    Source: StreetEasy Report a problem
    2/5/2011Listing removed$3,300$1/sqft
    Source: NRT #0135463 Report a problem
    1/21/2011Listed for rent$3,300$1/sqft
    Source: NRT #0135463 Report a problem
    7/21/2010Sold$2,995,000$749/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$44,326 -1.3%$254,220 +22.1%
    2024$44,924 +4.8%$208,200 -15.1%
    2023$42,854 $245,100 -5.7%
    2022-- $259,980 +15.1%
    2021-- $225,840 -3.4%
    2020-- $233,700 -2.5%
    2019$39,453 +7.3%$239,760 +36.4%
    2018$36,784 +8.8%$175,840 +6%
    2017$33,816 +2%$165,888
    2016$33,163 $165,888 +0.8%
    2015$33,163 +75.7%$164,643 +6%
    2014$18,875 $155,325 +6%
    2013-- $146,534 +6%
    2012-- $138,240
    2011-- $138,240 +0.8%
    2010-- $137,203 +6%
    2009-- $129,438 +6%
    2008-- $122,112 +6%
    2007-- $115,200
    2006-- $115,200 +0.8%
    2005-- $114,336 +6%
    2004-- $107,865 +6%
    2003-- $101,760 +6%
    2002-- $96,000
    2001-- $96,000 +0.8%
    2000-- $95,281
    Find assessor info on the county website

    Neighborhood: Kips Bay

    Nearby schools

    GreatSchools rating