Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,050,000

· Closed February 25, 2022

Closed For Sale Co-op

$1,050,000

$1,040 per sq ft

245 E 25th Street #PH-21A

Kips Bay, Manhattan

MLS® #RLS10760869

RLS at REBNY

Listing by Nest Seekers International

2

Bedrooms

1

Bath

1,010

Sq. Ft.

1965

Year Built

Quick Summary

Bedrooms 2
Bathrooms 1
Living Area 1,010 sq ft
Year Built 1965
Ownership Co-op
Maintenance $2,165/mo
Parking Garage
Neighborhood Kips Bay
Floor 21 of 21

Property Highlights

  • Views: City, River
  • Exposure: East,North,West facing
  • Climate Control: Wall Units

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths 1 Full
Floor 21 of 21
View City, River
Exposure East,North,West
Cooling Wall Units
Pets Yes
Cross Street Third Avenue/Second Avenue
Year Built 1965
Living Area 1,010 sq ft
Parking Garage Available
Block/Lot 906/24

Listing History

Event Date Price Change
Listed Jun 11, 2021 $1,050,000 -
Price Reduced Mar 17, 2022 $1,099,000 +4.7%

Description

PRICED TO SELL. Rarely available 2-bedroom top-floor, corner penthouse home, showcasing spectacular city views. At approximately 1,010 sq ft., this residence was beautifully and smartly renovated by the owner who is a designer, and featured in Domino Magazine in January 2021. A welcoming foyer leads to the spacious open-plan living room with a generous dining area and a windowed chef's kitchen, fully equipped with new GE Profile appliances and a French-door fridge . All perfect for dining and entertaining while appreciating the view.

Enjoy the luxury of a king-size bedroom with two custom closets and expansive views of the most iconic buildings - the Empire State Building, Chrysler Building, New York Life Insurance. The bathroom features a standing shower and a double vanity. The second bedroom is right off the foyer, and can be used as a home office. Plenty of customized storage space throughout, including a walk-in entry closet. Convenient HVAC units in each room for control of heat and air conditioning year round.

Spruce Ridge House is an impeccable full-service cooperative with 24h doorman, a great staff, live-in resident manager, a planted roof deck with gorgeous city views, a renovated card-operated laundry room, a bike room and storage. Terrific location, close proximity to Madison Square Park, Gramercy, Flatiron and Murray Hill where you can enjoy outstanding restaurants and cafs; shop nearby at Trader's Joe, Fairway, Eataly. Most convenient public transportation with the 4/5/6/N/R subway lines nearby. Pets are welcome. Subletting is permitted upon approval after two years of residence. Sorry, no pied-a-terres..

Features & Amenities

Interior Features

Entrance Foyer Common Area

Exterior Features

Building Roof Deck

Building Information

Financial Details

Maintenance $2,165/mo
Sale Price $1,050,000
Previous Price $1,099,000

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, 1:37 AM EST

Similar Listings in Kips Bay

View All

Location

Loading map...

245 E 25th Street #PH-21A, Kips Bay, New York County • Near Third Avenue/Second Avenue

Virtual Tour

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 $2,165 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 bedrooms and 1 full bathroom.

The listed interior living area is 1,010 square feet. Verify dimensions independently during due diligence.

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.

At the current list price of $1,050,000 for 1,010 sq ft, the asking price per square foot is approximately $1,040. 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: RLS10760869
First Listed: 6/11/2021
Price Changed: 3/17/2022
Closed: 2/25/2022
Contract Date: 6/11/2021

Listing Courtesy of Nest Seekers International - Hanifa Scully

Listing Contact: (917) 710-3862

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 5:37 AM UTC

Buying a Co-op? Start Here

Co-op vs. Condo: Which Is Right for You?

Ownership structure, board approval, financing: the full comparison.

Read article

How to Ace Your Co-op Board Interview

What boards look for, common questions, and how to prepare.

Read article

HDFC Co-ops: Complete Guide

Income limits, resale caps, and how to qualify for affordable co-ops.

Read article

NYC Mansion Tax: 2026 Guide

How the tiered mansion tax works for purchases over $1M.

Read article

Interested in this property?

Your info is secure and never shared.

View Active Listings Call Milton