Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $585,000

· Closed August 30, 2016

242 E 25th Street #5-D
Closed For Sale Condop

$585,000

$1,114 per sq ft

242 E 25th Street #5-D

Kips Bay, Manhattan

MLS® #RLS10034245

RLS at REBNY

Listing by Compass

Studio

1

Bath

525

Sq. Ft.

2005

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Living Area 525 sq ft
Year Built 2005
Ownership Condop
HOA/Common Charges $1,512/mo
Neighborhood Kips Bay

Property Highlights

  • Exposure: West facing
  • Climate Control: Central Air

Property Details

Type Condop
Ownership Condop
Total Rooms 2
Baths 1 Full
Exposure West
Cooling Central Air
Pets Yes
Cross Street Third Avenue/Second Avenue
Year Built 2005
Living Area 525 sq ft
Block/Lot 905/35

Listing History

Event Date Price Change
Listed May 20, 2016 $585,000 -
Currently May 6, 2026 $585,000 -

Description

Come see this spacious alcove studio with Empire State Building views. This fully renovated apartment is in impeccable condition and is rounded out with multiple upgrades. It can be easily converted into a Junior-1 bedroom with a separate living room and eat in kitchen. The apartment features floor to ceiling windows, central A/C, walk-in closet, custom wood work throughout, washer/dryer and complete chef's kitchen. 242 East 25th Street is a cond-op and attended by a part-time doorman (8am-midnight, 7 days/week). This investor friendly building allows for a pied-à-terre purchase, parents buying for children, pets and immediate rental. Residents enjoy access to a gym, roof deck, bike room, storage room, and the convenience of a live-in superintendent.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common On Floor Common Area New Windows

Exterior Features

Building Roof Deck

Appliances

Dryer Washer

Building Information

Financial Details

Common Charges $1,512/mo

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

130

Median Asking Price

$850K

Median $/Sqft

$1,450

Avg Days on Market

N/A

New This Week

9

Price Reduced

30%

Sold (30 Days)

21

Median Sale Price

$800K

Live data from RLS at REBNY • Updated 5/6/26, 2:51 PM EST

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Location

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242 E 25th Street #5-D, Kips Bay, New York County • Near Third Avenue/Second Avenue

Floor Plans

Floor Plan 1

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 $1,512 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 0 bedrooms and 1 full bathroom.

The listed interior living area is 525 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2005, making it approximately 21 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. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $585,000 for 525 sq ft, the asking price per square foot is approximately $1,114. 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: RLS10034245
First Listed: 5/20/2016
Closed: 8/30/2016
Contract Date: 5/20/2016

Listing Courtesy of Compass - Tim Rothman

Listing Contact: (917) 251-4676

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 6:51 PM UTC

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