$1,800,000
Updated 10 months ago
Off Market

The Greentree

248 East 31st Street, 1-D

Kips Bay, Manhattan | Third Ave & Second Ave

7 Rooms2 Beds2.5 Baths1,957 Square FeetCondo

$1,800,000
Common Charges$2,027
RE Taxes$2,401
Price Per SF
$920

Listing Features

  • Galley Kitchen
  • Hardwood Floors
  • High Ceilings [18']
  • Home Office
  • Library / Den
  • Separate Dining Area
  • Spiral Staircase
  • Triplex
  • Walk-in Closet
  • Washer / Dryer
  • WBFP
  • Wall of Windows
  • Dishwasher
  • Eat-in Kitchen
  • Microwave
  • Open Kitchen
  • S Steel Appliances
  • Wine Cooler
  • En Suite Bathroom
  • Jacuzzi Tub
  • Powder Room

Outdoor space and views

  • North Exposure

Building Amenities

  • Full-Time Doorman
  • Bike Storage
  • Elevator
  • Laundry Room
  • Roof Deck
  • Storage

Policies

  • Pets Allowed

Property Description for 248 East 31st Street, 1-D

Great opportunity to own a 1,957-square-foot triplex loft with 18-foot-high ceilings in a landmark building in the heart of Kips Bay. This unique home features a wood-burning fireplace, a wall of stacked windows, and a spacious layout that includes 2 bedrooms plus a recreation room and 2.5 bathrooms, all on a quiet, tree-lined street. On the main level, you'll find a spacious living and dining area with a wood-burning fireplace, newly installed oak flooring throughout, and a wall of windows. Adjacent to the dining area is an open kitchen equipped with a double-door refrigerator, dishwasher, gas stove, custom cabinets, and a breakfast bar. This level also includes a king-sized bedroom and a full bathroom. The top floor features a study overlooking the living room and an expansive primary bedroom with an en-suite bathroom. The lower level is a versatile 20' x 20' recreation room with a walk-in closet, a washer-dryer unit, and a powder room. This flexible space could serve as an additional bedroom, home office, gym, or media room. An additional entrance/exit on this level provides convenient access to the building’s storage units. Originally built as a school, the building was converted into a condominium in 1981 and now consists of 30 residential units. Residents enjoy the convenience of a 24-hour doorman, a planted roof deck, and extra storage in the basement. The location offers easy access to Trader Joe’s, fine restaurants, bars, a movie theater, and multiple transportation options, making it a prime spot in Kips Bay.

Listing History for 248 East 31st Street, 1-D

Now
11/06/2025
POM by Josue Galdos
Compass
03/18/2025
$1,800,000
Initial Price by Josue Galdos
Compass

Building Details for 248 East 31st Street

OwnershipCondo
Building TypeLow-Rise
Service LevelFull-Time Doorman
AgePre-War
AccessElevator
Year Built1901
Financing Allowed90%
Floors/Apts7/30
Learn More About the Building

Transit and Citi Bike

Subway

33 St
0.31 miles
28 St
0.33 miles

Citi Bike

2 Ave & E 31 St
0.04 miles
2 Ave & E 29 St
0.08 miles

Ferry

East 34th Street
0.38 miles

Contact Agents

Contact Agents

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: 667428