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    745 E 31St St, Unit 4B New York City, NY 11210

    For Sale
    $250,000

    Reimagined studio with a functional one-bedroom layout and modern finishes.

    Building Details

    Year built
    1963

    Source: Corcoran Group Agent Corcoran Group

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Studio with Flexible Layout

    Apartment 4B at 745 East 31st Street is a fully renovated studio reimagined with a functional one-bedroom layout and modern finishes throughout. The apartment has been thoughtfully reconfigured with a flex wall to create a private sleeping area without compromising flow. The living space features recessed lighting and new wood-style flooring. The updated kitchen offers glossy white cabinetry, black appliances, and marble-look tile floors. The bathroom has been fully renovated with sleek tiling, a pedestal sink, and a built-in shower niche. Building amenities include a live-in super, laundry room, shared outdoor courtyard, and garage parking (waitlist). The building is located one block from the Flatbush Junction transit hub, with access to the 2/5 trains, multiple bus lines, Target, HomeGoods, Aldi, and local dining. There is an ongoing assessment of $54/month through August 2026.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New York City
    County
    New York
    State
    New York
    Longitude
    -73.946558
    Latitude
    40.6333064

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    FAQs

    What type of property is this?
    Apartment building - Reimagined studio with a functional one-bedroom layout and modern finishes.
    Where is this apartment building located?
    The property is located at 745 E 31St St, Unit 4B New York City, NY.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - Approved for first-time homebuyer program with potential for a 30-year fixed loan at 5.5%.; - **Conveniently located one block from Flatbush Junction transit hub** (2/5 trains, multiple bus lines) and retail (Target, HomeGoods, Aldi).; - Renovated studio apartment with a flexible one-bedroom layout.
    Request Owner's contact information
    745 E 31St St, Unit 4B New York City, NY 11210
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    745 E 31St St, Unit 4B New York City, NY 11210
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