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Listing Courtesy of Compass
$ 10,950,000
Est. payment | /mo
4 Beds
5 Baths
7,549 SqFt
$ 10,950,000
Est. payment | /mo
4 Beds
5 Baths
7,549 SqFt
Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 7,549 sqft
Price per Sqft $1,450
Subdivision Kips Bay
MLS Listing ID RLS20076281
Style Italianate,Walk-Up
Bedrooms 4
Full Baths 4
Half Baths 2
HOA Y/N Yes
Year Built 1920
Annual Tax Amount $135,936
Property Sub-Type Mixed Use
Property Description
Every house has a story, but this houses at 223–225 East 31st Street had quite a storied past.
Let's focus on the offering for now.
In Murray Hill, this property presents a once-in-a-generation opportunity to acquire a double wide townhouse, a combination of 2 townhouses with one certificate of occupancy. The house spans an impressive 33 feet wide by 98 feet deep. Encompassing approximately 8,141 square feet, this 4 story mixed-use property offers scale, flexibility, and distinction rarely found in Manhattan. The property offers an additional buildable FAR of 2216 sq. ft.
223-225 East 31st Street are 2 of 4 identical townhouses built in a row from 221 through 227 East 31st Street. They were built around 1858 in the Anglo-Italianate style and uncharacteristic of these houses but in the area, these houses were built with Ornate Cast iron Lintels above all the windows with French inspired backets and keystones. While some sources list the construction date as 1901, historical records indicate they were originally completed in the late 1850s. The original architect for the row is not explicitly named in common historical records, which was typical for mid-century speculative housing. We are in the process of searching for more historical records.
Commercial Space (First & Second Floors + Basement)
The ground level features a welcoming reception area (easily reconfigured to suit a variety of uses), a kitchen, two half bathrooms, one on-site parking garage space, and three private offices. Toward the rear, a studio space that was built of the garden of both houses at a dramatic 23 Ft tall 42 ft long by 30 ft wide, with a retractable sunroof creates a striking architectural focal point. This unique volume has been featured in the HBO series And Just Like That..., the continuation of Sex and the City. What we do know from historical records was this building was purchased by the first Chinese Presbyterian Church in New York and was also a school and the massive structure was likely their gymnasium.
The commercial portion also offers direct access to a full-lot basement, providing substantial additional storage or functional space.
The Second Floor includes one full bathroom and multiple vacant rooms with hardwood floors and floor to ceiling multipaned windows overlooking East 31st Street, allowing for abundant natural light throughout.
Third Floor at approximately 1897 sq ft., is a residential apartment that spans the entire width and length of the floor. A generous floorplan consisting of 2 bedrooms, 2 bathrooms, a large living dining area and a sunroom that leads to a large private terrace, creating a seamless indoor-outdoor living experience.
Fourth Floor at approxamtely 1500 sq ft. is currently a 2 bedroom 2 bath apt with an oversized living room w skylight and a cooks size kitchen.
This is an exceptional opportunity for developers, investors, end-users, or live-work buyers seeking scale, income potential, and architectural character in a prime Manhattan location.
223 East 31st Street sits quietly along the north side of East 31st Street between Second and Third Avenue — a refined, townhouse-lined stretch that feels distinctly residential despite being moments from Midtown's core. Flanked by elegant brownstones, the block offers privacy and charm rarely found this close to Manhattan's major corridors. Yet within half a block, the setting transitions seamlessly into a vibrant, service-rich neighborhood environment.
To the east, Second Avenue, residents and tenants enjoy immediate access to daily conveniences including supermarkets, cafés, fitness studios, and neighborhood retailers, as well as AMC Theatres, which anchors evening and weekend foot traffic. Two blocks away, NYU Langone Health serves as one of Manhattan's premier medical institutions.
To the west, Third Avenue offers a lively mix of sit-down restaurants, boutique shops, specialty services, veterinary urgent care and neighborhood staples that give this pocket o
Let's focus on the offering for now.
In Murray Hill, this property presents a once-in-a-generation opportunity to acquire a double wide townhouse, a combination of 2 townhouses with one certificate of occupancy. The house spans an impressive 33 feet wide by 98 feet deep. Encompassing approximately 8,141 square feet, this 4 story mixed-use property offers scale, flexibility, and distinction rarely found in Manhattan. The property offers an additional buildable FAR of 2216 sq. ft.
223-225 East 31st Street are 2 of 4 identical townhouses built in a row from 221 through 227 East 31st Street. They were built around 1858 in the Anglo-Italianate style and uncharacteristic of these houses but in the area, these houses were built with Ornate Cast iron Lintels above all the windows with French inspired backets and keystones. While some sources list the construction date as 1901, historical records indicate they were originally completed in the late 1850s. The original architect for the row is not explicitly named in common historical records, which was typical for mid-century speculative housing. We are in the process of searching for more historical records.
Commercial Space (First & Second Floors + Basement)
The ground level features a welcoming reception area (easily reconfigured to suit a variety of uses), a kitchen, two half bathrooms, one on-site parking garage space, and three private offices. Toward the rear, a studio space that was built of the garden of both houses at a dramatic 23 Ft tall 42 ft long by 30 ft wide, with a retractable sunroof creates a striking architectural focal point. This unique volume has been featured in the HBO series And Just Like That..., the continuation of Sex and the City. What we do know from historical records was this building was purchased by the first Chinese Presbyterian Church in New York and was also a school and the massive structure was likely their gymnasium.
The commercial portion also offers direct access to a full-lot basement, providing substantial additional storage or functional space.
The Second Floor includes one full bathroom and multiple vacant rooms with hardwood floors and floor to ceiling multipaned windows overlooking East 31st Street, allowing for abundant natural light throughout.
Third Floor at approximately 1897 sq ft., is a residential apartment that spans the entire width and length of the floor. A generous floorplan consisting of 2 bedrooms, 2 bathrooms, a large living dining area and a sunroom that leads to a large private terrace, creating a seamless indoor-outdoor living experience.
Fourth Floor at approxamtely 1500 sq ft. is currently a 2 bedroom 2 bath apt with an oversized living room w skylight and a cooks size kitchen.
This is an exceptional opportunity for developers, investors, end-users, or live-work buyers seeking scale, income potential, and architectural character in a prime Manhattan location.
223 East 31st Street sits quietly along the north side of East 31st Street between Second and Third Avenue — a refined, townhouse-lined stretch that feels distinctly residential despite being moments from Midtown's core. Flanked by elegant brownstones, the block offers privacy and charm rarely found this close to Manhattan's major corridors. Yet within half a block, the setting transitions seamlessly into a vibrant, service-rich neighborhood environment.
To the east, Second Avenue, residents and tenants enjoy immediate access to daily conveniences including supermarkets, cafés, fitness studios, and neighborhood retailers, as well as AMC Theatres, which anchors evening and weekend foot traffic. Two blocks away, NYU Langone Health serves as one of Manhattan's premier medical institutions.
To the west, Third Avenue offers a lively mix of sit-down restaurants, boutique shops, specialty services, veterinary urgent care and neighborhood staples that give this pocket o
Location
State NY
County New York
Rooms
Basement Full
Interior
Interior Features High Ceilings
Flooring Hardwood
Furnishings Unfurnished
Fireplace No
Laundry Laundry Room, See Remarks
Exterior
Exterior Feature Private Entrance, Private Outdoor Space Over 60 Sqft
Parking Features Garage
View Y/N No
Porch Deck, Terrace
Private Pool No
Building
Dwelling Type Multi Family,Mixed Use,Townhouse
Story 4
Entry Level Three Or More
Level or Stories Three Or More
New Construction No
Others
Ownership None
Monthly Total Fees $11, 328
Pets Allowed Building No, No
RLS Data display by WJFNY