For Sale · Listing by Sothebys International Realty
248 E 31st Street #5A
Kips Bay, Manhattan
$1,095,000
248 E 31st Street #5A
MLS® #RLS20120153
Listing by Sothebys International Realty
Open House Scheduled
Saturday, October 10 • 1:00 PM – 2:30 PM
REBNY 2025: signed Buyer Representation Agreement required before any showing.
- 1
- Bedroom
- 1
- Bath
- 1,184
- Sq. Ft.
- 1925
- Year Built
Quick Summary
Property Highlights
- Views: Skyline
- Outdoor Space: Terrace
- Fireplace: 1 fireplace
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Oct 9, 2026 | $1,095,000 | - |
| Currently | Oct 9, 2026 | $1,095,000 | - |
Description
Beautiful up-dated move-in ready Pre-war one-bedroom condominium. This bright and spacious apartment features a large living room/dinning room area with a wood burning fireplace and exposed brick wall. The large private terrace off this area allows for gracious outdoor entertaining, as well as relaxing and enjoying the Chrysler Building and skyline. The windowed eat-in-kitchen with built in banquet - features stainless steel appliances, dishwasher, in unit W/D, marble counter tops and subway tile backsplash. The bedroom has an abondance of closets, fits a king bed and has an additional private terrace. The windowed bathroom has been updated. Some photos are virtually staged. Additional apartment features include – individually controlled heat and AC, tons of closet space – with room to create additional storage if desired, wood floors throughout, as well as additional exposed brick areas. Located on a beautiful quiet tree lined street, the Greenhouse Condominium, built in 1925 as a school/parish house was converted to a condominium in 1982 and has 3 apartments per floor, 24-hour doorman, full time super, roof deck, storage areas and bike room. Pet friendly building, convenient to all major transportation, parks, restaurants, and stores like Trader Joe’s and Fairway.
Features & Amenities
Interior Features
Exterior Features
Building Amenities
Appliances
Building Information
Financial Details
About Kips Bay
View All Kips Bay ListingsKips Bay is a relaxed and highly convenient residential neighborhood located on the East Side of Manhattan. Known for its mix of mid-century high-rises and historic brick townhouses, it offers a more approachable price point than its neighbors to the north and south. Residents enjoy proximity to the East River Esplanade, a variety of local dining options, and easy access to the city's major medical centers and Midtown business hubs.
Kips Bay Live Market Data
View NeighborhoodActive Listings
127
Median Asking Price
$839K
Median $/Sqft
$1,365
Avg Days on Market
N/A
New This Week
5
Price Reduced
26%
Sold (30 Days)
21
Median Sale Price
$785K
Live data from RLS at REBNY • Updated 10/9/26, 1:05 PM EST
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Location
248 E 31st Street #5A, Kips Bay, New York County
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)
Want help estimating ownership costs or understanding building compliance? Let's discuss
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed common charges are $1,392 per month. Confirm the exact amount with Milton Coste before making an offer.
The current listed annual property tax is $17,796, or roughly $1,483 per month. Verify the current assessment with your attorney before closing.
This property has 1 bedroom and 1 full bathroom.
The listed interior living area is 1,184 square feet. Verify dimensions independently during due diligence.
According to MLS records, the building was constructed in 1925, making it approximately 101 years old.
This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.
Pets are permitted at this property. Contact Milton Coste for weight limits or breed restrictions.
At the current list price of $1,095,000 for 1,184 sq ft, the asking price per square foot is approximately $925. This figure is for reference only and may differ from appraised or assessed values.
To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.
Have a question not answered here?
(917) 416-7433Listing Courtesy of Sothebys International Realty - Anthony Ligorelli
Listing Contact: (212) 710-1900
Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.
Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.
RLS Data display by Keller Williams NYC. Data last updated on 10/9/2026 at 5:05 PM UTC
See it in person
Sale history, taxes, violations and comps for this unit
Before you bid
Pre-Offer Report: 248 E 31st Street #5A
At $1,095,000, the listing leaves out what decides the offer: the recorded sale history, the tax and abatement picture, open building violations and permits, and the closed sales that set the price. Milton prepares the report from public records. Free, no obligation.
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Quick Facts
Monthly Costs Estimate
$219,000
Source: Freddie Mac PMMS
Est. Monthly Payment
$0
Estimates only. Consult a lender for exact figures.
Mansion tax applies at this price point
New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $1M to $1,999,999 at 1.00%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.
Estimated mansion tax at asking
$10,950
Estimate based on the asking price. Confirm your own obligation with your real estate attorney.
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