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Double Wide Townhouse Mixed-Use
For Sale
$9,500,000

223-225 E 31st Street, New York, NY 10016

COMMERCIAL - Other - New York, NY

Property Size8,141 SF
Price / SF$1,166
Days on Market133

Property Features for 223-225 E 31st Street

General Information

Property type Commercial Sale
Property subtype Other
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 1, Bedroom 4, Bedroom 2, Bathroom 4, Bedroom 3, Bedroom 1, Bathroom 3, Bathroom 2
Subdivision Kips Bay
High school district 000000
Standard status Active
Size 8,141 SF

Building Details

Architectural style Other
Listing Agency: Compass
Listed By: Percy Mori
Added: Apr 10 Changed: Aug 19 Last Checked: Aug 20 at 7:06AM
MLS# 11689780

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This double wide, four-story townhouse offers mixed-use flexibility with commercial space on the first and second floors and a residential apartment arrangement on the upper levels. The ground level includes a reception area that can be reconfigured, a kitchen, two half bathrooms, one on-site parking garage space, three private offices, and a studio space built into the garden. The studio features a retractable sunroof and a dramatic 23 Ft tall, 42 ft long by 30 ft wide volume, with direct access to a full-lot basement for additional storage or functional space.

The second floor provides a full bathroom plus multiple vacant rooms with hardwood floors and floor-to-ceiling multipaned windows overlooking East 31st Street, creating abundant natural light. The third floor spans the entire width and length and includes two bedrooms, two bathrooms, a large living/dining area, and a sunroom leading to a private terrace. The fourth floor is currently a two-bedroom, two-bath apartment with an oversized living room with a skylight and a cooks size kitchen.

Built around 1858 in the Anglo-Italianate style, the property is listed as 33 feet wide by 98 feet deep and approximately 9,071 square feet, with an additional buildable FAR of 2216 sq. ft. It sits along the north side of East 31st Street between Second and Third Avenue.

Key Highlights

  • 33 feet wide by 98 feet deep townhouse with approximately 9,071 SF
  • Four‑story mixed‑use layout with first and second floor commercial space
  • Garden studio with retractable sunroof: 23 Ft tall, 42 ft long by 30 ft wide

Property Analytics

Current Use

Live-work space

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Nursing Home Dental Office Skin Care Clinic

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

Yes
Paved road access

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 Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Live-work space - Four-story mixed-use double wide townhouse with commercial space on the first and second floors plus a full-lot basement.
Where is this live-work space located?
The property is located at 223-225 E 31st Street New York, NY.
What is the asking price?
The asking price for this property is $9,500,000.
What are key features of this property?
This property features: 33 feet wide by 98 feet deep townhouse with approximately 9,071 SF; Four‑story mixed‑use layout with first and second floor commercial space; Garden studio with retractable sunroof: 23 Ft tall, 42 ft long by 30 ft wide
More about this property
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