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Four-Story Mixed-Use Townhouse
For Sale
$9,500,000

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

Commercial Sale, New York, NY

Property Size8,141 SF
Lot Size0.07 Acres
Price / SF$1,166
Days on Market137

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 2, Bathroom 3, Bathroom 1, Bedroom 2, Bedroom 1, Bedroom 3, Bathroom 4, Bedroom 4
Subdivision Kips Bay
High school district 000000
Standard status Active
Size 8,141 SF
Lot size 0.07 Acres

Amenities

retractable sunroof
full-lot basement

Building Details

Architectural style Other
Listing Agency: Compass
Listed By: Percy Mori
Added: Apr 10 Changed: Aug 24 Last Checked: Aug 24 at 2:06PM
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 four-story mixed-use property combines two attached townhouses under one certificate of occupancy. The commercial component occupies the first and second floors plus a full-lot basement, with a reception area, kitchen, two half bathrooms, three private offices, garage parking for one vehicle, and a rear studio measuring approximately 23 Ft tall by 42 ft long by 30 ft wide. The studio includes a retractable sunroof, while the second floor has hardwood floors, multipaned windows, a full bathroom, and several vacant rooms.

The third floor contains a two-bedroom, two-bath apartment with a living-dining area, sunroom, and private terrace. The fourth floor is configured as a two-bedroom, two-bath apartment with an oversized living room, skylight, and large kitchen. The property measures 33 feet wide by 98 feet deep and offers an additional 2216 sq. ft. of buildable FAR.

Located at 223-225 East 31st Street between Second and Third Avenue, the property is near supermarkets, cafes, fitness studios, neighborhood retailers, restaurants, and NYU Langone Health. AMC Theatres is also nearby on Second Avenue.

Key Highlights

  • Four‑story mixed‑use property combining 2 townhouses under one certificate of occupancy
  • 33 feet wide by 98 feet deep with an additional 2216 sq. ft. of buildable FAR
  • Commercial component spans the first and second floors plus a full‑lot basement

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

2
Residential units
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?
Mixed-use property - Combined townhouse property with commercial space, residential apartments, private terrace, and architectural character in Murray Hill.
Where is this mixed-use property 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: Four‑story mixed‑use property combining 2 townhouses under one certificate of occupancy; 33 feet wide by 98 feet deep with an additional 2216 sq. ft. of buildable FAR; Commercial component spans the first and second floors plus a full‑lot basement
More about this property
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