Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $698,000

· Closed October 7, 2022

245 E 25th Street #20-L
Closed For Sale Co-op

$698,000

245 E 25th Street #20-L

Kips Bay, Manhattan

MLS® #RLS10800686

RLS at REBNY

Listing by Compass

1

Bedroom

1

Bath

N/A

Sq. Ft.

1965

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1965
Ownership Co-op
Maintenance $1,288/mo
Parking Garage
Neighborhood Kips Bay
Floor 20 of 21

Property Highlights

  • Views: City
  • Exposure: West facing
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 20 of 21
View City
Exposure West
Pets Yes
Cross Street Third Avenue/Second Avenue
Year Built 1965
Parking Garage Available
Block/Lot 906/24

Listing History

Event Date Price Change
Listed Jun 7, 2022 $698,000 -
Price Reduced Oct 7, 2022 $679,000 -2.7%

Description

Make your home in this comfortable and charming one-bedroom apartment, approximately 670sf located in prime Midtown East/Kips Bay! This beauty perched high on the 20th floor offers amazing natural light from oversized windows, and wonderful open city views capturing the Empire State and Chrysler Buildings. Rich hardwood floors and refined finishes add elegance throughout. The open living-dining room is served by a modern granite and stainless steel kitchen with ample cabinetry and counter space. Plus you'll enjoy open shelf storage, exceptional closet space, a bright bedroom, and a tiled full bathroom with pedestal sink, tub/shower and marble mosaic flooring. Updated air cooling/heating HVAC throughout. Built in 1964 and converted to a co-op in 1984, the 21-story 245 East 25th Street is a full-service building offering 24-hour doorman service, a renovated laundry room, bike room, package room, and a wonderful roof deck showcasing spectacular city and river views. On-site storage and parking garage are accessed through a waiting list. Spruce Ridge sits on a lovely residential block close to all, from Trader Joe's, Fairway and D'Agostinos markets to great shops, restaurants, pubs and more, mere moments away. Just 2 blocks north of Gramercy for even more options. The 6, R and W subway lines are also close by, as is Grand Central Station, 3 express bus stops, the Union Square farmers market, and fabulous Eataly and Madison Square Park with its eye-catching art installations, new dog run and playground. Yes, pets are allowed! So is gifting, guarantors, and subletting upon approval after 2 years of residency. 75 % financing permitted. No pied-a-tiers please.

Features & Amenities

Interior Features

Entrance Foyer Common Area

Exterior Features

Building Roof Deck

Building Information

Financial Details

Maintenance $1,288/mo
Sale Price $698,000
Previous Price $679,000

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 5/5/26, 11:41 PM EST

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Location

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245 E 25th Street #20-L, 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 $1,288 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 1965, making it approximately 61 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: RLS10800686
First Listed: 6/7/2022
Price Changed: 10/7/2022
Closed: 10/7/2022
Contract Date: 6/2/2022

Listing Courtesy of Compass - Shawn Williams

Listing Contact: (917) 886-9925

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 3:41 AM UTC

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