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223-225 E 31st Street

$8,500,000

MLS# RLS20076281 · Kips Bay

Listed April 10, 2026 · 215 days on the market

4 Beds 5 Baths 9,071 Sq.Ft.

About This Property

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 9,071 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

Agent's Note

From Curtis Bain. Details about the apartment are drawn from the listing information provided through RLS by Compass.

Over 60 square feet of private terrace is listed off the sunroom of the residential apartment, and the description calls the terrace large. Outdoor space like that gives a sunroom a second room to spill into, which matters most in a place where the living area already runs the full width and length of the floor.

The apartment has a large living and dining area, hardwood floors and high ceilings, and it sits on a floor that spans the whole footprint. Those are the parts I'd want to see in person first, because they decide how the rooms actually work together.

The house itself is a double-wide townhouse, two combined townhouses under one certificate of occupancy, measuring 33 feet wide by 98 feet deep across four stories. Ground and second floors are set up as commercial space with a reception area, a kitchen, private offices and one on-site garage space, and there's a full-lot basement. Garage parking, laundry in the building and storage space are also listed. Stairs and maintenance come with a house this size, so it's worth walking the floors to see how they connect.

The 33 St stop on the 6 is about 2 minutes on foot, and the 28 St station serves the R and W about 9 minutes away. Madison Square Park is about 8 minutes on foot, and Trader Joe's is about 4 minutes away.

Quick answers+

Is there private outdoor space?

Yes. A private terrace of over 60 square feet opens off the sunroom, and a deck is also listed.

Is there parking?

Garage parking is listed, and the description mentions one on-site parking garage space on the ground level.

Does the building have laundry?

Yes, laundry in the building is listed.

Property Features

Home features

  • Hardwood floors
  • High ceilings
  • Private entrance
  • Private outdoor space (over 60 sq ft)
  • Deck
  • Terrace

Building amenities

Services and facilities

  • Garage parking
  • Laundry in building
  • Storage space

Estimate

Monthly Cost & Closing Costs

The rate is a placeholder, not a quote. Enter the one your lender gives you.

$48,912 / month

  • Principal and interest$42,981
  • Property taxes$5,931

Due at closing

  • Down payment (20%)$1,700,000
  • NYS “mansion tax” (2.25%)$191,250
  • Mortgage recording tax (1.925%)$130,900

Not included: attorney, title insurance, lender and appraisal fees, board application and move-in fees, flip tax and prepaid items. Estimates only, based on the published New York State rates. Your attorney and lender will confirm the real figures.

About the Building

223-225 E 31st Street is a 5-story elevator apartment building in Kips Bay, completed in 1920 and home to 17 residential units. The most recent major alteration on record was in 1981.

The closest subway is 33 St (6), about a 2-minute walk. Madison Square Park is roughly 8 minutes away on foot.

Compiled from NYC public records and open data.

Year Built
1920
Stories
5
Units
17
Building Type
Elevator Apartments

View 223-225 E 31st Street building profile and all listings →

Location & Nearby

Map

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223-225 E 31st Street

Subway

  • 633 StAbout 2 min walk
  • 628 StAbout 5 min walk
  • RW28 StAbout 9 min walk
  • 623 St-Baruch CollegeAbout 11 min walk · Accessible

Parks

  • Madison Square ParkAbout 8 min walk
  • Bellevue South ParkAbout 9 min walk
  • St. Vartan ParkAbout 9 min walk

Public schools · Elementary schools

  • P.S. 116 Mary Lindley MurrayAbout 6 min walk
  • The 47 American Sign Language & English Lower SchoolAbout 11 min walk
  • The River SchoolAbout 13 min walk

Middle schools

  • J.H.S. 104 Simon BaruchAbout 17 min walk
  • M.S. 255 Salk School of ScienceAbout 17 min walk

High schools

  • Murray Hill AcademyAbout 3 min walk
  • Unity Center for Urban TechnologiesAbout 3 min walk

Colleges & universities

  • American Academy of Dramatic ArtsAbout 4 min walk
  • CUNY Graduate CenterAbout 7 min walk
  • Baruch College (CUNY)About 11 min walk
  • Mercy UniversityAbout 12 min walk

Museums

  • The Morgan Library & MuseumAbout 8 min walk
  • National Museum of MathematicsAbout 15 min walk
  • Poster HouseAbout 16 min walk
  • International Center of PhotographyAbout 18 min walk

Walking times are estimates. Schools shown are the nearest public and charter schools and are not zone assignments; a nearby school is not necessarily the one an address is zoned for. Confirm zoning with the NYC Department of Education. Sources: MTA, NYC Parks and NYC Department of City Planning open data.

The Neighborhood

About Midtown East

Kips Bay is covered by our Midtown East guide.

Iconic residential towers with sweeping skyline views in the heart of Manhattan's most prestigious corridor.

Walkability

9/10

Public transit

10/10

Schools

7/10

Dining

9/10

Groceries & parks

7/10

Schools in Midtown East

UNIS draws a global student body and offers an internationally recognized curriculum. Families also benefit from proximity to Upper East Side private schools within a short commute.

Private schools in the area include United Nations International School.

Explore Midtown East

Listing Courtesy of Compass

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RLS: Real Estate Board of New York Residential Listing Service

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