Buy with Yoreevo
$1,773,000
List Price: $1,800,000
Share Listing
Save Listing
248 East 31st Street #1D
Condo in Kips Bay •  building info
2bd • 2.5ba • 1,957ft² $920 per ft²
Buy with Yoreevo

$1,773,000

List Price

$1,800,000

Key Details
Days on market
67
Last price change
loading...
Estimated payment
$13,530/mo
Taxes
$2,401/mo
Common charges
$2,027/mo
Description
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 buildings 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 Joes, fine restaurants, bars, a movie theater, and multiple transportation options, making it a prime spot in Kips Bay.

Hide full description

Important Stuff
Elevator
Washer/Dryer in unit
Full Time Doorman
Cats and Dogs allowed
Home features
Central Air
Dishwasher
Fireplace
Hardwood floors
Building amenities
Services and facilities
Bike Room
Fios Available
Laundry in Building
Storage

Locker/Cage

Shared outdoor space
Roof Deck
Building info

History
What it'll cost
Purchase price
$1,800,000
Asking Price: $1,800,000
Term
30 Years
Down Payment
$360,000 (20%)
Min: 20% (360,000)
Rate
6.5 %
Mortgage Amount
$1,440,000
Mortgage Payment
$9,102
Common Charges
$2,027
Taxes
$2,401
Estimated Yoreevo rebate
$27,000
Estimated closing cost
$62,000
Total monthly cost $13,530
Buy your dream home with us and get an estimated $27,000 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Compass

IDX information is provided exclusively for consumers' personal, noncommercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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 REBNY listing service, Inc all rights reserved.

RLS IDX Data display by Yoreevo.