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212 East 31st St, New York, NY 10016

$5,000,000
Listing Details:
$5,000,000 Price
Townhouse Property Type
Kips Bay Neighborhood
-- Beds
0 Baths
-- Approx. Sq. Ft.
Key Features:
Allows Pets
Description:

212 East 31st Street is a 4-story, 20-foot wide townhouse located on a lovely tree lined street in Kips Bay. This particular street has always had a certain cache in the area with its many private homes.

Currently, the building consists of a first and second floor duplex with 3-bedrooms, 2-baths and large backyard garden, a 1-bedroom floor through apartment on the 3rd floor and two 1-bedroom apartments on the 4th floor. All apartments are free market rentals. Currently, rents are below market rates.

The purchaser of this property has several options for its use. The owner can live in the duplex and receive income from the upper floors, convert to a lovely single family home or use for investment purposes.

The duplex has its own entrance on the ground floor with storage under the outside stoop. Entering the apartment to the left is a large open kitchen and dining area. Walking through to the back is the generous size living room, which overlooks the rear garden. Off the living room is a bathroom with a shower and a closet. In this area, discreetly hidden behind doors are conveniently located shelves for storage of cleaning supplies, and a separate washer and dryer. From the living room, step out into the large backyard garden, a welcome oasis from the city's activities, which is a delightful in the warm weather for entertaining and relaxing. The second floor of the duplex contains two large bedrooms, a smaller third bedroom and a full bath.The third and fourth floors have a separate entrance via the outside stoop. The third floor-through apartment configured as a 1-bedroom has a layout, which provides additional flexibility.

The two apartments on the fourth floor are each 1-bedrooms. The renovated front apartment with a modern layout makes extremely efficient use of the space. The upgraded back apartment overlooks the backyard garden area.

In this well located neighborhood, you can take advantage of all the city has to offer. There is easy access to top restaurants in Gramercy, the Flatiron District, Chelsea, Soho as well as the Upper East Side.

Nearby is an AMC12-Plex Theatre, a Fairway Supermarket, Trader Joe's and other shopping for your convenience.

Transportation is great with city bus and subway services nearby. There is also easy access to Long Island and the airports via the 34th Street Mid-town Tunnel or 59th Street Bridge. For those looking for a different transportation experience, take the ferry service near 34th Street and the East River to Queens, Brooklyn, Wall Street, Governor's Island and other stops.

Listing courtesy of Halstead Property, LLC

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