Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $695,000

· Closed March 29, 2016

245 E 25TH Street #PHL
Closed For Sale Co-op

$695,000

245 E 25TH Street #PHL

Gramercy Park, Manhattan

SPRUCE RIDGE

MLS® #RLS10007854

RLS at REBNY

Listing by Halstead dba Brown Harris Stevens Residential Sales LLC

1

Bedroom

1

Bath

N/A

Sq. Ft.

1964

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1964
Ownership Co-op
Maintenance $964/mo
Parking Garage
Neighborhood Gramercy Park

Property Highlights

  • Exposure: North facing
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths null Full
Exposure North
Pets Yes
Cross Street Second Avenue and Third Avenue
Year Built 1964
Parking Garage Available

Listing History

Event Date Price Change
Listed Feb 5, 2021 $695,000 -
Currently Apr 27, 2026 $695,000 -

Description

This stunning, One Bedroom Penthouse, with breathtaking views is new to the market and in pristine, move-in condition. Situated on the top, residential floor of the building, with only four other homes on the floor, this peaceful oasis has a functional layout that offers four distinct areas for you to live in comfortably. Beautiful maple hardwood floors throughout lead to a wall of windows boasting landmark and city views including The Empire State Building, Rockefeller Plaza and The Chrysler Building. The spacious open kitchen with a large breakfast bar, is top-of-the line, and includes a Bosch stove and dishwasher, as well as an abundance of cabinet space including a pull-out pantry drawer. There is an area after the entry hallway that works perfectly as an office space. There is plenty of room for a dining table and the bright, spacious living room is sunny all day. The windowed bedroom, though best suited for a full-sized bed, can also fit a queen as well as bedroom furniture. There is ample closet space and the bath is renovated with European cabinetry, Kohler fixtures in the shower and tub and a Toto toilet. Hvac A/C and heating units are located in the livingroom and the bedroom. Spruce Ridge is an extremely well run building with a great staff, excellent financials and a friendly atmosphere. There is a fabulous roofdeck with sweeping 360 city and river views, a large card-operated laundry room, bike room and storage. Spruce Ridge is a pet friendly building. It is a five minute walk to Madison Square Park, Fairway Market, tons of restaurants, pubs and super easy to take the 23rd St. crosstown, 2ndor 3rd Avenue busses and the 6 & R subway lines are very nearby. Kips Bay is centrally located and an easy, vibrant neighborhood to live in and enjoy. Sorry no co-purchasing or investors. Don't miss!

Building Information

Financial Details

Maintenance $964/mo

Gramercy 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 Neighborhood

Active Listings

176

Median Asking Price

$1.45M

Median $/Sqft

$1,767

Avg Days on Market

N/A

New This Week

12

Price Reduced

26%

Sold (30 Days)

14

Median Sale Price

$1.26M

Live data from RLS at REBNY • Updated 4/27/26, 3:49 AM EST

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Location

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245 E 25TH Street #PHL, Gramercy Park, New York County • Near Second Avenue and Third Avenue

Building Information

Official NYC property records for this building

1964
Year Built
62 years old
21
Floors
183
Residential Units
C1-8A
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $24,083,550
Land Value: $1,368,000
Exemptions: $256,447

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

Lot Area: 14,260 SF
Building Area: 188,807 SF
Built FAR: 13.24
Allowed FAR: 7.52

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 monthly maintenance are $964 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 1 full bathroom.

According to MLS records, the building was constructed in 1964, making it approximately 62 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

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: RLS10007854
First Listed: 2/5/2021
Closed: 3/29/2016
Contract Date: 10/20/2015

Listing Courtesy of Halstead dba Brown Harris Stevens Residential Sales LLC - Dina Cohen

Listing Contact: (212) 381-6502

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 4/27/2026 at 7:49 AM UTC

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