Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
Closed For Sale Co-op

$320,000

242 E 25TH Street #7C

Kips Bay, Manhattan

MLS® #RLS20036524

RLS at REBNY

Listing by Serhant

1

Bedroom

1

Bath

Sq. Ft.

2005

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 2005
Ownership Co-op
Maintenance $2,825/mo
Neighborhood Kips Bay
Floor 7 of 13

Property Highlights

  • Views: City
  • Exposure: North facing
  • Outdoor Space: Terrace

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 7 of 13
View City
Exposure North
Cooling Other
Pets Yes
Year Built 2005
Structure Type HighRise
Basement Other
Parcel # 0905-0035-00242-000-000007C
Block/Lot 00905/0035

Description

Bright One-Bedroom with Iconic Views in Prime Kips Bay / Gramercy

Welcome to Residence 7C at 242 East 25th Street - a generously sized, north-facing alcove studio smartly converted into a one-bedroom. Bathed in natural light with sweeping open-sky views, this home offers 549 SF (approx.) of thoughtfully designed interior space and a seamless blend of style and functionality.

As you enter, you're welcomed by an open-concept kitchen with an island for casual dining or entertaining. Outfitted with stainless steel appliances - including a dishwasher - granite countertops, and sleek cabinetry, the kitchen flows effortlessly into the spacious living area.

Oversized windows frame open northern views, including direct sightlines to the Empire State Building and One Vanderbilt. The living/dining space easily accommodates both a sofa and dining table, while the converted bedroom fits a queen-sized bed and features its own large closet. A separate walk-in closet adds even more storage, and the in-unit washer/dryer adds coveted convenience.

The bathroom offers a clean, modern aesthetic with a full tub/shower combo and built-in shelving.

Building Amenities:

Residents of 242 East 25th Street enjoy access to a full suite of amenities, including a 24-hour doorman, resident fitness center, bike storage, and a furnished rooftop with panoramic Midtown views. The building is professionally managed and pet-friendly (with board approval).

Neighborhood Highlights:

Located at the intersection of Kips Bay and Gramercy, you're moments from some of the city's best dining, shopping, and wellness options. Just blocks from Trader Joe's, Whole Foods, Target, and Equinox, as well as top-rated restaurants like Upland, Penelope, and The Smith.

Enjoy proximity to the East River Greenway and Madison Square Park, plus convenient access to transportation - with the 6 train just 3 blocks away at 23rd Street, and the R/W and L lines also nearby.

Additional Details:

Maintenance is 50 percent tax-deductible

Land lease through 2102

10 percent financing allowed

Features & Amenities

Interior Features

Separate Formal Dining Room Building Other Washer Hookup In Unit

Exterior Features

Building Roof Deck Private Outdoor Space Over60 Sqft Terrace

Building Amenities

Elevators

Building Information

Stories 13
Structure HighRise

Financial Details

Maintenance $2,825/mo
Original Price $340,000
Sale Price $320,000
Previous Price $340,000
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 charming 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

97

Median Asking Price

$860K

Median $/Sqft

$1,779

Avg Days on Market

N/A

New This Week

5

Price Reduced

35%

Sold (30 Days)

15

Median Sale Price

$888K

Live data from RLS at REBNY • Updated 2/20/26, 4:55 PM EST

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Location

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242 E 25TH Street #7C, Kips Bay, New York County

Virtual Tour

MLS® ID: RLS20036524
First Listed: 7/12/2025
On Market: 7/12/2025
Price Changed: 1/25/2026
Closed: 1/20/2026
Contract Date: 7/12/2025

Listing Courtesy of Serhant - Talia McKinney

Listing Contact: (717) 314-2170

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.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 2/20/2026 at 9:55 PM UTC

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