Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $490,000

Listed at $499,000 · Sold 1.8% below asking · Closed December 2, 2013

245 E 25th Street #17L
Closed For Sale Co-op

$499,000

245 E 25th Street #17L

Kips Bay, Manhattan

SPRUCE RIDGE HOUSE

MLS® #RLS10052051

RLS at REBNY

Listing by The Corcoran Group

1

Bedroom

1

Bath

N/A

Sq. Ft.

1964

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1964
Ownership Co-op
Maintenance $1,010/mo
Parking Garage
Neighborhood Kips Bay
Floor 17 of 21

Property Highlights

  • Views: City
  • Exposure: North facing
  • Outdoor Space: Building Terrace

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 17 of 21
View City
Exposure North
Cooling Central Air
Pets Yes
Cross Street Third Avenue & Second Avenue
Year Built 1964
Parking Garage Available
Parcel # 0906-0024-00245-000-000017L

Listing History

Event Date Price Change
Listed Aug 13, 2013 $499,000 -
Price Reduced Dec 3, 2013 $490,000 -1.8%

Description

Air, light, and open City views abound in this tastefully and elegantly designed one bedroom, one bathroom home. In addition to the generously proportioned living room, there is a separate dining foyer, opposite a spacious and well appointed kitchen...perfect for entertaining. Richly stained parquet floors, four closets, central heat/AC, and a view of the Chrysler and Empire State Building complete this very special offering. Spruce Ridge is a luxury, full service cooperative situated in the heart of Kips Bay and steps from Madison Square Park and Gramercy Park. With 24hr doormen, live-in Super, in-house laundry, a lovely roof deck, bike and private storage, as well as basic cable included in the maintenance, this one won't last. Gifting permitted and pied a terre permitted on a case by case basis.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common Area

Exterior Features

Building Roof Deck Building Terrace

Building Information

Financial Details

Maintenance $1,010/mo
Sale Price $490,000
Previous Price $490,000

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

130

Median Asking Price

$850K

Median $/Sqft

$1,450

Avg Days on Market

N/A

New This Week

5

Price Reduced

30%

Sold (30 Days)

20

Median Sale Price

$795K

Live data from RLS at REBNY • Updated 5/6/26, 9:46 PM EST

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Location

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245 E 25th Street #17L, Kips Bay, New York County • Near Third Avenue & Second Avenue

Floor Plans

Floor Plan 1

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 $1,010 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: RLS10052051
First Listed: 8/13/2013
Price Changed: 12/3/2013
Closed: 12/2/2013
Contract Date: 8/12/2013

Listing Courtesy of The Corcoran Group - John Gasdaska

Listing Contact: (212) 891-7167

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 5/7/2026 at 1:46 AM UTC

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