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RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.

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  1. Home
  2. Buy
  3. New York City
  4. Manhattan
  5. 10016
  6. 235 East 31st Street
Property thumbnail
1 / 14
•Kips Bay

235 East 31st Street, New York City, NY 10016

Listing Courtesy of Sothebys International Realty

$9,200,000

Potential Rebate: $138,000

6 Beds
7 Baths
12 Rooms
Built 1901
4 Stories
Listed on Nov 14, 2024
408 days on market
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Overview

LUXURY RENOVATION. Be the first to occupy this newly expanded Grand Italianate townhouse, (to 7,300 square feet).

Enter up a classic stoop through original double doors into a tiled vestibule which leads to another set of original inner doors. These doors open to a long gallery on the parlor floor.

The parlor floor has 12 foot ceilings, original moldings and doors and 2 decorative fireplaces. The parlor, dining room, powder room and eat-in kitchen comprise this floor. There is a Juliette balcony and a staircase down to the garden. Floor to ceiling windows stream light throughout the space.

The second floor is dedicated to the primary bedroom, primary bath and sitting room/bedroom. The primary bedroom opens to a large terrace which overlooks the garden.

The third floor has 2 large, square bedrooms each with ensuite bathrooms.

The fourth floor has another large, square bedroom with ensuite bathroom and extra large family/media room.

The garden floor has a separate entrance under the stoop or can be accessed by a staircase from the kitchen. A bedroom, 1.5 baths, full kitchen and living room opening to a garden professionally landscaped with irrigation and lighting complete this space, which can be used as an inlaw/staff apartment or could be rented out for income.

The unfinished basement is full height and clean and dry.

The lot is 20X100.

Home Features

  • •Central Air
  • •In Unit
  • •Building Garden
  • •Garden
  • •Private Outdoor Space Over 60 Sqft
  • •Den
  • •Entrance Foyer
  • •Eat-in Kitchen

Estimated Monthly Payment

$48,020 per month

30 year fixed, 6.28% Interest

Principal and Interest
$45,460
Property Taxes
$2,560
Maintenance/Common Charges
$0

Estimated Rebate for this Home

One-time rebate at closing

$138,000

Monthly savings impact

$383/mo

💡 Estimated at 1.5% of purchase price

The rebate is paid to you at closing and can help offset closing costs or other expenses.

Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).

Why Buy With Us

Rebates Up To

2.5%

25+ Years

Experience

REBNY & NAR

Member

Verified

Listings

RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.

The Real Estate Rebate Team

Listing Courtesy of Sothebys International Realty

Data Source: TRESTLE #RLS11021256

REBNY Logo

Price Analysis

Compare average listing prices and value metrics for 235 East 31st Street against the surrounding Kips Bay market.

Based on 1 active units in building vs 104 in area

Average List Price

Building$9.2M
Neighborhood$1.4M

Price Per SqFt

Insufficient size data available to calculate Price Per SqFt comparisons for this specific selection.

Premium Market

576.16% Higher

than the Kips Bay price average

This building commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within Kips Bay.

Kips Bay

Medical Mile & Value

\n

Kips Bay is a practical, residential neighborhood dominated by medical institutions (NYU Langone).

\n

Real Estate & Housing Market

\n

Post-war high-rises and condos. Often offers better value/space than Murray Hill or Gramercy.

\n

Lifestyle & Community

\n

Doctors, nurses, and recent grads. It is functional and convenient. Fairway Market is a hub.

\n

Transportation & Accessibility

\n

6 train at 28th/33rd. 2nd Ave subway is not here yet. Ferry at 34th St.

\n

Parks, Schools & Amenities

\n

East River Esplanade. AMC Kips Bay theater.

\n

Who This Neighborhood Is Best For

\n

Best for medical professionals and renters looking for value.

Kips Bay GuideAll Neighborhoods
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