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Renovated Three-Family Townhouse
For Sale
Contact for pricing
Pending

218 E 31st St, New York, NY 10016

Renovated 1901 three-family townhouse with a private garden and oversized windows across multiple floors.

Property SizeContact for details
Days on Market143

Property Features for 218 E 31st St

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Multifamily Units 3

Amenities

wood burning fireplaces
private garden
patio
new HVAC
whole house filtration system
boiler and piping
abundant storage
hardwood floors
floor-to-ceiling windows

Building Details

Year Built 1901
Stories 5
Construction Greek Revival
Listing Agency: Leslie J Garfield
Listed By: Matthew Lesser · License #10301217047
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 29 at 11:36PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Leslie J Garfield

Investment Insights

Based on property information with market context.

218 E 31st St is a beautifully renovated, 20’-wide Greek Revival-style townhouse constructed in 1901. Spanning five floors, the home features hardwood floors, generous ceiling heights, and abundant natural light through oversized windows. Three wood-burning fireplaces add character throughout, and recent improvements include new HVAC, a whole-house filtration system, a boiler, and piping, along with abundant storage throughout.

The property is arranged as a three-family home, with an owner’s triplex occupying the garden and parlor floors, plus a finished basement featuring a newly remodeled full bath that could serve as a gym, media room, playroom, or extra bedroom. The living and dining areas include a cozy fireplace and modern finishes, with floor-to-ceiling windows overlooking a southern-facing private backyard with a patio, lush greenery, and mature trees. The third and fourth floors each contain large two-bedroom, 1.5 bath floor-through apartments.

Delivered vacant at closing, the layout offers flexibility to combine the upper apartments into the owner’s unit for a single-family configuration or keep the property as a two-family investment. The home also includes more than 2,700 s.f. of unused FAR. Located on a tree-lined townhouse block in Kips Bay, the address is described as steps from public transportation, the East River Esplanade, and Trader Joe’s, with proximity to Grand Central Terminal and the Gramercy and Nomad districts, and it notes that 31st Street begins at 2nd Avenue with a lack of through traffic.

Key Highlights

  • Renovated 1901 Greek Revival, 20'-wide, 5‑floor three‑family townhouse at 218 East 31st Street
  • Owner’s triplex spans garden, parlor, and finished basement with a newly remodeled full bath (gym/media/playroom/extra BR)
  • Third and fourth floors: two separate large 2‑bedroom, 1.5‑bath floor‑through apartments with natural light

Property Analytics

Current Use

Keep Them Out ... Garden Center

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Buffet Butcher Pet Grooming Service Clothing & Fashion Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

60,751
Businesses Nearby

Demographics for 10016, NY

62,336
Population
36,985
Households
1.7
Avg Household Size
34
Median Age
82%
College-Educated
97%
High-School Grad
0.5 sq mi
ZIP Area
124,672
Density / Sq Mi
$153,065
Median Household Income
$107,691
Median Earnings
$3,321
Median Rent
$928,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Renovated 1901 three-family townhouse with a private garden and oversized windows across multiple floors.
Where is this triplex located?
The property is located at 218 E 31st St New York, NY.
What are key features of this property?
This property features: Renovated 1901 Greek Revival, 20'-wide, 5‑floor three‑family townhouse at 218 East 31st Street; Owner’s triplex spans garden, parlor, and finished basement with a newly remodeled full bath (gym/media/playroom/extra BR); Third and fourth floors: two separate large 2‑bedroom, 1.5‑bath floor‑through apartments with natural light
(212) 574-6959 Call to check price and availability
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