Homes for sale - 209 E 31ST Street, Manhattan, NY 10016

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Arun Lam Govada

arun@thesilkbridgeteam.com +1(929) 383-6832

Listing Courtesy of Christies International Real Estate Group LLC

$ 8,499,000

Est. payment | -/mo

3 Beds

3 Baths

6,336 SqFt

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$ 8,499,000

Est. payment | -/mo

Save

3 Beds

3 Baths

6,336 SqFt

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 6,336 sqft

Price per Sqft $1,341

Subdivision Kips Bay

MLS Listing ID RLS20053209

Bedrooms 3

Half Baths 4

HOA Y/N No

Year Built 1901

Annual Tax Amount $59,976

Property Sub-Type Mixed Use

Property 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. 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.

Location

State NY

County New York

Rooms

Basement Other

Interior

Interior Features Smoke Free

Cooling Central Air

Fireplace No

Appliance Washer Dryer Allowed

Laundry Washer Hookup, In Unit

Exterior

Exterior Feature Private Outdoor Space Over 60 Sqft

View Y/N No

View Other

Porch Terrace

Private Pool No

Building

Dwelling Type Mixed Use

Story 4

New Construction No

Others

Pets Allowed Pets Allowed

Ownership None

Monthly Total Fees $4, 998

Special Listing Condition Standard

Pets Allowed Building Yes, No

RLS Data display by eXp Realty

209 E 31ST Street Manhattan, NY 10016