209 East 31st Street
$8,900,000
3
2
4
6,336
6,336
$1,405
Description
An incredible opportunity! This large Kip's Bay townhouse features a two-unit mixed-use layout, with commercial offices occupying the lower two floors and a residential duplex above. The property generates a gross rent of 450,000, secured by a corporate guarantee for the office lease. It is turnkey and fully leased. Unit #1 spans two levels plus a basement and is occupied by a financial services company. The annual rent is 300,000, backed by a corporate guarantee from a publicly traded NYSE company....An incredible opportunity! This large Kip's Bay townhouse features a two-unit mixed-use layout, with commercial offices occupying the lower two floors and a residential duplex above. The property generates a gross rent of 450,000, secured by a corporate guarantee for the office lease. It is turnkey and fully leased. Unit #1 spans two levels plus a basement and is occupied by a financial services company. The annual rent is 300,000, backed by a corporate guarantee from a publicly traded NYSE company. The lease is for 5 years, with a 5-year option to renew at 330,000 per year. Layout: The basement is utilized for storage and building mechanicals. The Garden Level features an entrance lobby, office, kitchen, conference room, two half bathrooms, and a backyard. The Parlor Level includes the 'Havana Room' with coffered ceilings, an onyx bar, a drop-down theater screen, and a projection system, along with an office, bullpen, and half bath. The top two floors comprise a duplex where the seller paying 150,000 annually plus real estate taxes for 5 years. This level includes a spacious living room, dining room, kitchen, office, bathroom, and terrace on the third floor, with three bedrooms and two bathrooms on the upper level. The seller is open to vacating the premises if the purchaser prefers.
Property Details for 209 East 31st Street
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LISTING UPDATED: 10/31/2024 03:31 PM
Property Details for 209 East 31st Street
Status | Active |
---|---|
MLS ID | RPLU-810123228876 |
Days on Market | 38 |
Taxes | $4,998 / month |
Maintenance | - |
Min. Down Pymt | - |
Total Rooms | 13.5 |
Compass Type | Mixed Use |
MLS Type | Mixed Use |
Year Built | 1901 |
Lot Size | 931 SF / 19' x 49' |
County | New York County |
Building
Building Information for 209 East 31st Street
Stories3Residences1Year Built1901Lot Size931 SF / 19' x 49'Building AgePre-warBuilding TypeTownhouse
Property Information for 209 East 31st Street
Property History for 209 East 31st Street
Date | Event & Source | Price | Appreciation | Link |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 209 East 31st Street
Taxable ValueLand$284,880Additions$105,780Total$390,660
Home Facts
Total Finished SqFt6,336 SqFtLot Size1,852 SqFtYear Built1901ZoningR7BAPN1009120007
Schools near 209 East 31st Street
This home is within New York City Geographic District # 2.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 6 to 8 | |||
Public - | 6 to 8 |
Rating | School | Distance |
---|---|---|
P.S. 116 Mary Lindley Murray PublicPK to 5 | ||
Nyc Lab Ms For Collaborative Studies Public6 to 8 | ||
Lower Manhattan Community Middle School Public6 to 8 | ||
Jhs 104 Simon Baruch Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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