Milton Coste

Licensed Real Estate Associate Broker

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

$750,000

$762 per sq ft

242 E 25th Street #9A

Kips Bay, Manhattan

242 East 25th Street

MLS® #RLS20083691

RLS at REBNY

Listing by Compass

2

Bedrooms

2

Baths

984

Sq. Ft.

2004

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 984 sq ft
Year Built 2004
Ownership Condop
HOA/Common Charges $1,680/mo
Neighborhood Kips Bay
Floor 9 of 13

Property Highlights

  • Views: City
  • Exposure: South facing
  • Outdoor Space: Deck

Property Details

Type Condop
Ownership Condop
Total Rooms 4
Baths 2 Full
Floor 9 of 13
View City
Exposure South
Cooling Central Air
Pets Yes, CatsOk, DogsOk
Year Built 2004
Living Area 984 sq ft
Structure Type MultiFamily
Flooring Hardwood
Furnished Unfurnished
Parcel # 0905-0035-00242-000-000009A
Block/Lot 00905/0035

Listing History

Event Date Price Change
Listed Apr 23, 2026 $750,000 -
Currently Apr 23, 2026 $750,000 -

Description

Spacious two-bedroom, two-bathroom residence with sunny southern exposure through floor-to-ceiling windows in every room. The gallery entrance leads to an open living and dining area with an ideal split bedroom layout. The large kitchen is a chef's dream featuring stainless steel appliances, dishwasher, glass mosaic backsplash, and a spacious breakfast bar. The primary bedroom includes an en-suite bathroom and custom walk-in closet. The second generously sized bedroom offers ample closet space and an adjacent full bathroom. In-unit washer/dryer adds convenience. This boutique building built in 2004 with condominium rules is investor-friendly and permits immediate subletting, co-purchasing, guarantors, parents buying for family, pied-à-terres, and pets. Building amenities include a doorman seven days a week (8am-12am), gym, storage room, bike room, live-in super, and a roof deck with panoramic views. Monthly maintenance for the first year is net-effective $1680, with the seller offering a $50,000 closing credit for application to the first year maintenance fees, providing significant savings and value for the buyer to ease the first year carrying costs discounted from the normal $5846 monthly maintenance due to the coop land lease. Some images are virtually staged. Showings to begin in May. 242 East 25th Street, 9A, New York, NY 10010.

Features & Amenities

Interior Features

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

Exterior Features

Building Roof Deck Private Outdoor Space Under60 Sqft Deck

Building Amenities

Elevators

Appliances

Dishwasher Gas Cooktop Gas Oven Stainless Steel Appliances Washer

Building Information

Financial Details

Common Charges $1,680/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

135

Median Asking Price

$850K

Median $/Sqft

$1,474

Avg Days on Market

N/A

New This Week

15

Price Reduced

28%

Sold (30 Days)

18

Median Sale Price

$819K

Live data from RLS at REBNY • Updated 4/23/26, 7:04 PM EST

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Location

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

Floor Plans

Floor Plan

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 common charges are $1,680 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 2 bedrooms and 2 full bathrooms.

The listed interior living area is 984 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: Building Pets Allowed Comments:Pets Allowed. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $750,000 for 984 sq ft, the asking price per square foot is approximately $762. 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: RLS20083691
First Listed: 4/14/2026
On Market: 4/23/2026
Price Changed: 4/14/2026
Contract Date: 3/20/2026

Listing Courtesy of Compass - Caroline Parker

Listing Contact: (917) 696-5085

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 4/23/2026 at 11:04 PM UTC

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