Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,100,000

· Closed November 22, 2022

245 E 25TH Street #12D
Closed For Sale Co-op

$1,100,000

$917 per sq ft

245 E 25TH Street #12D

Gramercy Park, Manhattan

SPRUCE RIDGE

MLS® #RLS10911828

RLS at REBNY

Listing by Brown Harris Stevens Residential Sales LLC

2

Bedrooms

2

Baths

1,200

Sq. Ft.

1964

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,200 sq ft
Year Built 1964
Ownership Co-op
Maintenance $2,487/mo
Parking Garage
Neighborhood Gramercy Park
Floor 12 of 20

Property Highlights

  • Exposure: East,South facing
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 5
Baths 2 Full
Floor 12 of 20
Exposure East,South
Pets Yes
Cross Street Second Avenue and Third Avenue
Year Built 1964
Living Area 1,200 sq ft
Parking Garage Available
Parcel # 0906-0024-00245-000-000012D

Listing History

Event Date Price Change
Listed Jan 22, 2022 $1,249,000 -
Price Reduced Nov 28, 2022 $1,195,000 -4.3%
Currently Apr 24, 2026 $1,100,000 -7.9%

Description

BEST PRICED CONV. 3BR in GRAMERCY/KIPS BAY! Sprawling and Sun-filled, Convertible 3BR, 2Bath home. Perched high on the 12th floor with sunny, southeast exposures, this approx. 1200 SF corner residence has a ton of potential to become a showcase home. The fantastic layout is extremely functional and there is room for everything with more closets than you can ever imagine having. Enjoy an enormous living room featuring beautiful marble floors and a wall of south facing windows. There are two designated dining areas to choose from, one of which can seamlessly convert into a sizeable third bedroom, with its own window and HVAC unit. The kitchen has new stainless appliances and it can be easily opened to become a pass thru, and partially opened to the living room for fabulous entertaining. The primary, king-sized bedroom is a corner unit that is unbelievably bright, with three windows boasting both river and city views, and has two walk-in closets plus a recently renovated, windowed bath. There is also a third closet in the suite that has been converted to a mini-home office with a door on it to close when not in use. Plus there is yet another walk-in closet in the potential third bedroom. A gracious foyer offers yet another huge closet, great for shoes and coats. The second bedroom is generous in size, with a large closet, south-facing windows and beautiful hardwood floors. The HVAC systems in every room offer easy-to-use and very economical heat and air conditioning. Close to everything on a lovely residential block, Spruce Ridge is a pristine 24 Hour D/M building, with a fantastic roof deck offering completely open, landmark and river views, a large, clean, renovated laundry room and is pet friendly. Subletting is permitted upon approval, after two years of residence, for three out of five years. No pied-a-tiers please. Just two blocks north of Gramercy, Kips Bay is a lively, convenient neighborhood that has it all from Trader Joes, Fairway, even a D'Agostinos at the end of the block, to a variety of shops, restaurants, pubs and much more all around the corner. Perfectly situated between three express bus stops, and very close to the 6, R & W subway lines, Madison Square Park with its wonderful art installations, brand new dog run and playground, Union Square's Farmer's Market, and Grand Central Station. Don't miss!

Building Information

Financial Details

Maintenance $2,487/mo
Original Price $1,249,000
Sale Price $1,100,000
Previous Price $1,195,000

Gramercy 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 Neighborhood

Active Listings

179

Median Asking Price

$1.45M

Median $/Sqft

$1,775

Avg Days on Market

N/A

New This Week

8

Price Reduced

26%

Sold (30 Days)

17

Median Sale Price

$1.26M

Live data from RLS at REBNY • Updated 4/24/26, 1:41 AM EST

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Location

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245 E 25TH Street #12D, Gramercy Park, New York County • Near Second Avenue and Third Avenue

Floor Plans

Floor Plan

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 $2,487 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 1,200 square feet. Verify dimensions independently during due diligence.

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.

At the current list price of $1,100,000 for 1,200 sq ft, the asking price per square foot is approximately $917. 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: RLS10911828
First Listed: 1/22/2022
Price Changed: 11/28/2022
Closed: 11/22/2022
Contract Date: 1/22/2022

Listing Courtesy of Brown Harris Stevens Residential Sales LLC - Dina Cohen

Listing Contact: (212) 381-6502

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 4/24/2026 at 5:41 AM UTC

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