Located on a beautiful tree-lined block in the heart of Kips Bay, this two-family double-duplex townhome is in outstanding structural and mechanical shape and offers tremendous versatility to the discerning buyer. Currently, both duplexes are configured as 3BR/2.5ba apartments with upgraded kitchens; the lower level has an enormous backyard and the upper level offers a cohesive interior stairway directly to a (currently unfinished) roof with open views. There's lovely northern and southern light throughout, terrific storage and an unfinished basement for a total of five usable floors.

Perched on a 17 x 98.75 lot, 217 East 31st Street is a gorgeous property that boasts over 1,700 square feet of FAR/buildable SF and can easily be turned into a gargantuan stunner of a single-family if you desire. (Please consult your architect.) Alternatively, you can keep it as is and live in one while renting out the other, or simply rent both units out and achieve tremendous income without having to deal with those pesky common charges/HOA's. Currently vacant and will be delivered as such. The 6 train is approximately five blocks away. Don't miss your shot at this one-of-a-kind opportunity! Contact us today to schedule your private showing. Kindly note that photos have been virtually staged to provide a sense of scale.