Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $585,000

· Closed January 27, 2021

245 E 25TH Street #9L
Closed For Sale Co-op

$585,000

245 E 25TH Street #9L

Kips Bay, Manhattan

MLS® #RLS10798155

RLS at REBNY

Listing by CORE Group Marketing, LLC

1

Bedroom

1

Bath

N/A

Sq. Ft.

1965

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Lot Size 14,260 sq ft
Year Built 1965
Ownership Co-op
Maintenance $1,081/mo
Parking Garage
Neighborhood Kips Bay
Floor 9 of 21

Property Highlights

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

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 9 of 21
View City
Exposure North
Pets Yes
Year Built 1965
Parking Garage Available
Lot Size 14,260 sq ft
Parcel # 0906-0024-00245-000-000009L

Listing History

Event Date Price Change
Listed Feb 18, 2020 $599,000 -
Currently May 6, 2026 $585,000 -2.3%

Description

This perfectly appointed, junior one-bedroom home is currently configured as an open concept, bright alcove studio with approximately 650-square-feet of living space. Residence 9L at the Spruce Ridge House offers modern renovations and an abundance of north-facing natural sunlight. The entry foyer features two large closets and leads into a spacious built-in home office. The chef's kitchen is outfitted with stainless steel appliances, granite counter-tops, a pantry closet with tremendous storage and a breakfast bar. The spacious living room can accommodate separate living and dining areas. Tucked just off the living room is the alcove sleeping area complimented by a large closet, and updated bath with soaking tub. Positioned between Murray Hill and Gramercy, and along the East River, Kips Bay offers an abundance of shopping, retail, and a plethora of dining and entertainment options. Neighborhood amenities include Target, Trader Joe's, Fairway, AMC Movie Theater, Equinox and NY Sports Club, Bellevue South Park, and is within close proximity to Madison Square Park. Nearby transportation includes the 6/N/R/W trains, select bus services M15, M23, and M34, and local M101, M102, M103 and M9 bus lines. Residents at the Spruce Ridge Co-operative enjoy a host of amenities which include a full-time doorman and concierge, package room, live-in super, landscaped roof deck with stunning open city and water views, bicycle and regular storage, laundry facilities in building, and garage parking. Subletting is permitted upon board approval, following two years of ownership and limited to three out of five years. No pieds-à-terre or co-purchasing allowed, guarantors permitted. 75% maximum financing allowed. Pets are welcome. Current temporary assessment $156.64.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common Area

Exterior Features

Building Roof Deck

Building Information

Financial Details

Maintenance $1,081/mo
Original Price $599,000
Sale Price $585,000

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, 6:14 AM EST

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Location

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245 E 25TH Street #9L, Kips Bay, New York County

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 $1,081 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: RLS10798155
First Listed: 2/18/2020
Price Changed: 1/27/2021
Closed: 1/27/2021
Contract Date: 2/19/2020

Listing Courtesy of CORE Group Marketing, LLC - Elizabeth Kee

Listing Contact: (917) 613-8686

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 10:14 AM UTC

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