SOLD FOR $575,000
· Closed October 4, 2022
242 E 25TH Street #3B
MLS® #RLS10886486
Listing by Corcoran Group
1
Bedroom
1
Bath
712
Sq. Ft.
2004
Year Built
Quick Summary
Property Highlights
- Exposure: South facing
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | May 31, 2022 | $600,000 | - |
| Currently | Apr 24, 2026 | $575,000 | -4.2% |
Description
Welcome to 242 East 25th Street #3B in Kips Bay! This property is a pristine 1 bedroom/1 bathroom home, with a pin-drop quiet view of the back garden. Located between Second and Third Avenues, this apartment has it all! 242 East 25th Street is a well-run condop - a coop with condo rules - and permits investors, co-purchasing, guarantors, pied-a-terre use, pets, immediate subletting, and no board interview is required!
We know you're looking for that perfect apartment: one that mixes privacy, comfort, and useability, and that's exactly what you'll find in this apartment. As you enter, the foyer welcomes you with a large walk-in closet and the beautiful plank hardwood flooring which runs throughout the space. The modern chef's kitchen features a large breakfast bar that overlooks the living area and is handsomely outfitted with granite countertops, a Frigidaire dishwasher, glass mosaic tile backsplash, and stainless-steel appliances from LG and Frigidaire. Next to the kitchen is your washer/dryer closet, with a full-sized stacked Bosch unit. The apartment's bathroom has Barre gray marble countertops and is accented with honed Indian grey porcelain tile. It is equipped with luxurious Hansgrohe and Watermark fixtures.
The living room, stretching 19 feet long, has enough useable space for a full-size living room and separate home office! Overlooking the treetops, you'll get sun-blasted by southern light. The custom built-in shades provide relief during the day and privacy at night. The through-the-wall unit provides efficient heat and air conditioning and is controlled by the smart Nest thermostats, separated into 2 zones.
The large bedroom, stretching 15 feet, can easily accommodate a queen- or king-sized bed, and has the same treetop southern exposure as the living room. Custom black-out shades in this room make it the perfect place to lay your head down at night. The spacious bedroom closet has enough room for your complete wardrobe and more!
242 East 25th Street is a full-service condop (a co-op with condo rules) with a full-time doorman (8am-midnight, 7 days/week), and a live-in super. The building includes a state of the art fitness center, laundry room, bike storage, common storage, and a gorgeous roof deck with spectacular views! The condop permits investors, co-purchasing, guarantors, pied-a-terre use, pets, immediate subletting, and no board interview is required! Pets are permitted. Up to 80% financing is allowed.
The ideal Kips Bay location is in close proximity to the East River and Madison Square Park, along with the best shopping, super markets, and restaurants!
Please inquire for more details about the building's land lease.
This could be your beautiful new home! Treat yourself to a viewing of Unit 3B at 242 East 25th Street in beautiful Kips Bay. Call today for a private tour.
Features & Amenities
Appliances
Building Information
Financial Details
About Gramercy Park
View All Gramercy Park ListingsGramercy Park is one of New York City’s most storied and architecturally distinctive neighborhoods, centered around the only private park in Manhattan. The area exudes old-world charm with its gas-lit streets and impeccably preserved 19th-century architecture. While the park itself is private, the surrounding real estate offers a mix of historic brownstones, elegant pre-war cooperatives, and boutique new developments that cater to those seeking a low-traffic urban retreat.
Gramercy Park Live Market Data
View NeighborhoodActive Listings
179
Median Asking Price
$1.45M
Median $/Sqft
$1,775
Avg Days on Market
N/A
New This Week
8
Price Reduced
26%
Sold (30 Days)
17
Median Sale Price
$1.26M
Live data from RLS at REBNY • Updated 4/24/26, 3:04 AM EST
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Location
242 E 25TH Street #3B, Gramercy Park, New York County
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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)
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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.
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Frequently Asked Questions
Common questions about this property
The current listed common charges are $2,337 per month. Confirm the exact amount with the listing broker before making an offer.
This property has 1 bedroom and 1 full bathroom.
The listed interior living area is 712 square feet. Verify dimensions independently during due diligence.
According to MLS records, the building was constructed in 2004, making it approximately 22 years old.
This listing is a condop, a hybrid structure where the building is legally a co-op but individual units are sold with greater flexibility, often including subletting rights similar to condos.
Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.
At the current list price of $575,000 for 712 sq ft, the asking price per square foot is approximately $808. 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 mcoste@kwnyc.com. 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 Corcoran Group - Nicholas Athanail
Listing Contact: (917) 686-4934
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 4/24/2026 at 7:04 AM UTC