Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $700,000

· Closed February 7, 2022

242 E 25th Street #1-B
Closed For Sale Condop

$700,000

$983 per sq ft

242 E 25th Street #1-B

Kips Bay, Manhattan

MLS® #RLS10757458

RLS at REBNY

Listing by AZ Realty NYC

1

Bedroom

1

Bath

712

Sq. Ft.

2005

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 712 sq ft
Year Built 2005
Ownership Condop
HOA/Common Charges $3,266/mo
Neighborhood Kips Bay
Floor 1 of 13

Property Highlights

  • Exposure: South,West facing
  • Outdoor Space: Patio
  • Climate Control: Central Air

Property Details

Type Condop
Ownership Condop
Total Rooms 3
Baths 1 Full
Floor 1 of 13
Exposure South,West
Cooling Central Air
Pets Yes
Cross Street Third Avenue/Second Avenue
Year Built 2005
Living Area 712 sq ft
Block/Lot 905/35

Listing History

Event Date Price Change
Listed Jun 18, 2019 $700,000 -
Price Reduced Feb 9, 2022 $728,000 +4.0%

Description

"MOTIVATED SELLER! ALL REASONABLE OFFERS WILL BE CONSIDERED!"
Just steps from Gramercy shops and restaurants, This beautiful contemporary sun-drenched one-bedroom home features a large 690 square foot private garden with south west sun. The kitchen has granite countertops, a dishwasher, stainless steel appliances and opens to your dining area and generous living room. The bedroom is spacious enough for a king size bed, has abundant closet space and oversized windows. This apartment has high ceilings, an entrance foyer and a washer/dryer in the unit.

Amenities in this modern boutique condop building include a common roof deck, gym, laundry room, storage and bike storage, live-in super and part-time doorman. Investors, pets, pied-a-terres, co-purchasing and immediate subletting are all allowed.

Features & Amenities

Interior Features

Entrance Foyer Building Washer Dryer Install Allowed Common On Floor Common Area

Exterior Features

Building Roof Deck Garden Patio

Appliances

Dryer Washer

Building Information

Financial Details

Common Charges $3,266/mo
Sale Price $700,000
Previous Price $728,000

Kips 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 Neighborhood

Active Listings

131

Median Asking Price

$850K

Median $/Sqft

$1,471

Avg Days on Market

N/A

New This Week

10

Price Reduced

30%

Sold (30 Days)

21

Median Sale Price

$800K

Live data from RLS at REBNY • Updated 5/6/26, 1:37 AM EST

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Location

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242 E 25th Street #1-B, Kips Bay, New York County • Near Third Avenue/Second Avenue

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1895
Year Built
131 years old
2
Floors
M1-1D
Zoning District
NYC Landmark

Tax & Assessment

Assessed Value: $2,213,550
Land Value: $126,000
Exemptions: $2,213,550

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 13,983 SF
Building Area: 14,633 SF
Built FAR: 1.05
Allowed FAR: 1.5

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

Frequently Asked Questions

Common questions about this property

The current listed common charges are $3,266 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 2005, making it approximately 21 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 $700,000 for 712 sq ft, the asking price per square foot is approximately $983. 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) 416-7433
MLS® ID: RLS10757458
First Listed: 6/18/2019
Price Changed: 2/9/2022
Closed: 2/7/2022
Contract Date: 8/18/2021

Listing Courtesy of AZ Realty NYC - Carla Kupiec

Listing Contact: (917) 685-9100

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 at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/6/2026 at 5:37 AM UTC

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