Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
242 E 25th Street #9E
Interested in this property?
Active For Sale Co-op

$359,000

$646 per sq ft

242 E 25th Street #9E

Kips Bay, Manhattan

242 East 25th Street

MLS® #RLS20094213

RLS at REBNY

Listing by Compass

1

Bedroom

1

Bath

556

Sq. Ft.

2004

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 556 sq ft
Year Built 2004
Ownership Co-op
Maintenance $3,248/mo
Neighborhood Kips Bay
Floor 9 of 13

Property Highlights

  • Exposure: South facing
  • Climate Control: Central Air

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 9 of 13
Exposure South
Cooling Central Air
Pets Yes, CatsOk, DogsOk
Year Built 2004
Living Area 556 sq ft
Structure Type HighRise
Flooring Hardwood
Furnished Unfurnished
Parcel # 0905-0035-00242-000-000009E
Block/Lot 00905/0035

Listing History

Event Date Price Change
Listed May 29, 2026 $359,000 -
Currently May 29, 2026 $359,000 -

Description

With the Empire State Building literally framed in your window, Apartment 9E at 242 East 25th Street delivers one of Manhattan's most iconic backdrops alongside a sun-filled, south-facing home with modern comforts. This condop with condo rules permits investors, co-purchasers, guarantors, pieds-à-terre, pets, and immediate subletting. The gracious living room is flooded with natural light and offers generous space for both lounging and entertaining. The kitchen, featuring a breakfast bar and stainless steel appliances, opens directly to the living area, creating an easy flow ideal for everyday living and hosting alike. The private sleeping area is thoughtfully separated from the main living space and features a walk-in closet (7'7" x 7'7") — an exceptional storage amenity rarely found in this price range. An in-unit washer/dryer adds to the convenience. Building amenities include a live-in superintendent, part-time doorman (8:00 a.m.–12:00 a.m.), a common roof deck with panoramic Manhattan skyline views (including the Empire State and Chrysler Buildings), a large windowed fitness center directly off the lobby, storage (for rent), bike storage, and a common laundry room. Conveniently located near the 6, N and R trains, Madison Square Park and the finest amenties Kips Bay and Gramercy have to offer. **Please note the rooms currently configured and/or marketed as bedrooms in this apartment do not meet the legal requirements for bedrooms under applicable New York City building and housing codes. Legally a studio unit.

Features & Amenities

Interior Features

Breakfast Bar Walk In Closets Building Washer Dryer Install Allowed Building Multiple Locations Common On Floor Common Area In Unit Flooring: Hardwood

Exterior Features

Building Roof Deck

Building Amenities

Bike Storage Elevators Fitness Center Storage Security System

Appliances

Dryer Dishwasher Stainless Steel Appliances Washer

Building Information

Financial Details

Maintenance $3,248/mo
Land Lease Yes

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

128

Median Asking Price

$800K

Median $/Sqft

$1,354

Avg Days on Market

N/A

New This Week

5

Price Reduced

26%

Sold (30 Days)

5

Median Sale Price

$758K

Live data from RLS at REBNY • Updated 5/29/26, 10:31 AM EST

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Location

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242 E 25th Street #9E, Kips Bay, New York County

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 monthly maintenance are $3,248 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $0, or roughly $0 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 556 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 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: Pets Allowed,Building Pets Allowed Comments:Pets Allowed. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $359,000 for 556 sq ft, the asking price per square foot is approximately $646. 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: RLS20094213
First Listed: 5/29/2026
On Market: 5/29/2026
Price Changed: 5/29/2026
Contract Date: 5/29/2026

Listing Courtesy of Compass - Jeremiah Doyle

Listing Contact: (917) 881-8863

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 5/29/2026 at 2:31 PM UTC

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