$5,250,000
Updated 8 years ago
Sold

225 East 30th Street

Kips Bay, Manhattan | Third Ave & Second Ave

4,396 Square FeetRental Property

$5,250,000
floors / apts4 / 8
Lot Size20'x98'
Built Size20'x74'
ZoneR7B
Building TypeTownhouse
RE Taxes$38,702
Price Per SF
$1,194

This property was sold for $4,765,000 on 10/09/14.

Building Amenities

  • Video Intercom

Property Description for 225 East 30th Street

Massey Knakal has been retained on an exclusive basis to arrange for the sale of 225 East 30th Street, a 20’ wide, 4-story, 6 unit, approximately 4,396 SF walk-up apartment building located on the north side of East 30th Street between Second and Third Avenues. The front entrance of the property lies mid-block on a quiet tree-lined street steps away from the bustling and vibrant neighborhoods of Murray Hill and Kips Bay. The property currently consists of a floor-through, three-bedroom apartment on the ground floor with exclusive access to a ~500 SF private garden. The second floor is also configured as a floor-through, three-bedroom apartment. The third floor has two one-bedroom apartments with the rear apartment having access to a ~430 SF private deck. The fourth floor also has front and back one-bedroom apartments. All of the apartments benefit from an abundance of natural light and all but one have working fireplaces that have been re-lined. The apartments are heated via baseboard heating provided from a gas boiler in the basement. All units are individually metered for cooking gas and electric. All of the units are fair market providing a buyer the flexibility to vacate the building within 12 months for owner occupancy. The property is ideal for a single family conversion, live plus income, a goverment, any insitutional user or continued operation as a multi-family investment in the highly sought after Murray Hill/Kips Bay neighborhood.

Listing History for 225 East 30th Street

Now
10/24/2014
$4,765,000
Sold and Closed by John F. Ciraulo
Cushman & Wakefield
09/02/2014
Contract Signed by John F. Ciraulo
Cushman & Wakefield

Building Details for 225 East 30th Street

OwnershipRental Property
Building TypeTownhouse
Service LevelVideo Intercom
AgePre-War
AccessWalk-up
Year Built1900
Floors/Apts4/8
Learn More About the Building

Transit and Citi Bike

Subway

33 St
0.26 miles
28 St
0.27 miles
23 St
0.45 miles

Citi Bike

E 31 St & 3 Ave
0.07 miles
2 Ave & E 29 St
0.11 miles

Ferry

East 34th Street
0.45 miles

Contact Agents

Contact Agents

John Ciraulo
Cushman & Wakefield
Craig Waggner
Cushman & Wakefield
Hunter Moss
Cushman & Wakefield

Kips Bay | Manhattan

Quick Profile

If you take a walk through Kips Bay, which is loosely defined as the area between 23rd street and 34th street and the East River to almost Lexington, you’ll quickly learn it's a hodgepodge of sorts and not as well defined as other neighborhoods in New York City. Some New Yorkers say Kips Bay has an identity crisis because 1st, 2nd, and 3rd avenues are distinctly different from one another as you traverse them. Despite the perceived lack of neighborhood vibe there are others that appreciate its affordability and convenience.  

First Avenue is dominated by hospitals and hospital buildings such as NYU Medical Center and Bellevue Hospital to name a few. Second Avenue is a mosaic of convenience stores, fast food joints and nondescript brick buildings. Third Avenue is saturated with small bars and gastropubs and the twenty somethings that patronize them. 

No judgement against Kips Bay here. It’s a great neighborhood that is just as much a part of New York City as any other neighborhood. Kips Bay It’s bordered by Murray Hill to the North, Stuyvesant Town and Gramercy Park to the South, and Rose Hill to the West. The neighborhood is partly defined by newer high-rise apartments, brick rowhouses, and former tenement buildings. 

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.
OLR ID: 53153TH