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212 East 31st Street
Townhouse in Kips Bay •  building info
studio
Sold price

$3,482,500

Key Details
Days on market
652
Last price change
loading...
Estimated payment
$22,578
Taxes
Monthly maintenance
N/A
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.This is a great opportunity for someone looking to convert into a private home with a lovely quiet outdoor garden, a welcome oasis from the city's activities. In its current configuration, the owner can live in the duplex, the first and second floors, with 3-bedrooms, 2-baths and large backyard garden. The third and fourth floors can be income producing with a 1 or 2-bedroom apartment on the third floor, and two 1-bedroom apartments on the fourth floor. All apartments are free market rentals. Building delivered vacant. The duplex has its own entrance on the ground floor. The apartment has a large open kitchen and dining area. Walking through to the back is the generous size living room, which overlooks the rear garden. This floor also has a bathroom with a shower and a full size washer and dryer. The backyard garden is 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.

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Outdoor Space
Garden
History
What it'll cost
Purchase price
$3,482,000
Asking Price: $3,482,500
Term
30 Years
Down Payment
$348,000 (10%)
Min: 10% (348,000)
Rate
6.5 %
Mortgage Amount
$3,134,250
Mortgage Payment
$19,811
Taxes
$2,767
Estimated closing cost
$134,000
Total monthly cost $22,578
Listing Courtesy of Brown Harris Stevens

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