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217 East 31st StreetNew York, NY 10016

For Sale

$4,400,000

Smart Buyer Rebate $55,000

  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. Will be delivered vacant. 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.  

Listed by GABRIEL LEIBOWITZ

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Douglas Elliman Real Estate

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(917) 312-5624

Listed by Adam Jordan Gerber

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Douglas Elliman Real Estate

Last updated January 12, 2026

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Source: REBNY #RLS20066282

Listing Facts

  • TypeMulti-family
  • NeighborhoodRose Hill
  • Bedrooms6
  • Bathrooms5
  • Days on Prevu20
  • Taxes$39,984/year

Amenities

  • Private Outdoor Space

Location

Mortgage Calculator

Listing History

01/10/2026
Listed by Douglas Elliman Real Estate
$4,400,000

Estimated Closing Costs

Total
$163,060
Attorney Fees
$4,000
NYC Mansion Tax
$66,000
Title Insurance
$19,800
Bank Attorney
$1,500
Mortgage Recording Tax
$67,760
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $4,400,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 217 East 31st Street

Association

Amenities

  • Pets Allowed: Building Yes, No

Exterior

Construction

  • Number Of Units Total: 2
  • Stories Total: 3
  • Structure Type: Townhouse
  • Year Built: 1899
  • Entry Level: 1

Measurements

  • Building Area Total: 833
  • Building Area Units: SquareFeet
  • Lot Size Area: 1,678
  • Lot Size Dimensions: 98
  • Lot Size Units: SquareFeet

Financial

Taxes

  • Parcel Number: 0912-0011
  • Tax Annual Amount: $39,984.00

Interior

Features

  • Appliances: Washer Dryer Allowed
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Interior Features: Smoke Free

Measurements

  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 4
  • Bathrooms Half: 2
  • Bathrooms Total Integer: 5
  • Bedrooms Total: 6
  • Rooms Total: 10

Other

Location

  • City Region: Manhattan
  • Subdivision Name: Kips Bay
  • Tax Block: 00912
  • Tax Lot: 0011

Utilities

Equipment

  • Laundry Features: In Unit

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 6 bedrooms and 5 bathrooms in this multi-family home at 217 East 31st Street.

What are the annual taxes for 217 East 31st Street?

Annual taxes for this multi-family home are estimated at $39,984.

How does 217 East 31st Street compare to other multi-family homes in Rose Hill?

This multi-family home is listed 4% below the average price for multi-family homes in Rose Hill and has been on the market for 96 less days than the typical home in this area.

217 East 31st Street is a 6-bedroom, 5-bath multi-family home for sale in New York NY 10016. On Prevu for 20 days at $4,400,000. This home is located in Rose Hill. The median listing price for multi-family homes in this area is $1,010,000. The home offers private outdoor space. View other multi-family home listings in Manhattan.

Based on information from Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.