SOLD FOR $950,000
· Closed February 12, 2024
242 E 25TH Street #PHA
MLS® #RLS10933477
Listing by Corcoran Group
2
Bedrooms
2
Baths
1,150
Sq. Ft.
2004
Year Built
Quick Summary
Property Highlights
- Views: City
- Exposure: South facing
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Sep 11, 2023 | $995,000 | - |
| Price Reduced | Feb 12, 2024 | $1,100,000 | +10.6% |
| Currently | Jun 2, 2026 | $950,000 | -13.6% |
Description
Nestled at the border of Gramercy and Kips Bay, Penthouse A is an exquisite, sun-soaked two-bedroom, two-bathroom apartment offering breathtaking, unobstructed SOUTHERN skyline views from every room.
This recently renovated apartment boasts a pristine Southern-facing terrace, as well as floor-to-ceiling windows that allow for the enjoyment of stunning sunrises and sunsets.This exceptional residence features a remodeled kitchen, complete with granite countertops and stainless steel appliances, seamlessly flowing into a spacious living area.
The main bedroom boasts two generous closets and a contemporary en-suite bathroom, complete with a linen closet.The capacious second bedroom, which can also be used as a home office, offers custom-built storage solutions and an adjacent windowed guest bathroom.
Beyond the expansive terrace, perfect for hosting gatherings, and the strategically designed layout that places the bedrooms on opposite ends, notable attributes include lofty ceilings, bespoke closet installations, recently added Hunter Douglas custom electric shades, brand new flooring throughout, a semi-private landing (shared with only one other apartment on this floor), brand-new central air conditioning and heating, and the convenience of an in-unit full-size washer/dryer.
This superb location is just a short walk from the 6, N, and R subway lines, as well as Madison Square Park, granting residents access to the finest amenities of both Kips Bay and Gramercy.
The condop operates under CONDO like rules, requiring no board interview.Building amenities encompass a doorman, on-site superintendent, a well-appointed fitness center, storage facilities, a central laundry room, and a roof deck affording panoramic views.Investors, Co-Purchasers, Pied-a-Terres and immediate subletting are permitted. Pets are permitted.
Features & Amenities
Interior Features
Exterior Features
Building Amenities
Building Information
Financial Details
About Gramercy Park
View All Gramercy Park ListingsGramercy 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 NeighborhoodActive Listings
173
Median Asking Price
$1.35M
Median $/Sqft
$1,766
Avg Days on Market
N/A
New This Week
7
Price Reduced
29%
Sold (30 Days)
21
Median Sale Price
$1.20M
Live data from RLS at REBNY • Updated 6/2/26, 3:49 PM EST
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Location
242 E 25TH Street #PHA, Gramercy Park, New York County
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
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
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed common charges are $4,756 per month. Confirm the exact amount with the listing broker before making an offer.
This property has 2 bedrooms and 2 full bathrooms.
The listed interior living area is 1,150 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 condop, a hybrid structure where the building is legally a co-op but individual units are sold with greater flexibility, often including subletting rights similar to condos.
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 $950,000 for 1,150 sq ft, the asking price per square foot is approximately $826. 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) 416-7433Listing Courtesy of Corcoran Group - David Mayer
Listing Contact: (917) 783-0707
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 Data display by Keller Williams NYC. Data last updated on 6/2/2026 at 7:49 PM UTC