$850,000
$150K PRICE DROP

Estimated payment $5,339/month

Total Views 6,977
2 Beds
2 Baths
1,152 Sq Ft
$738 Price per Sq Ft

Highlights

  • Doorman
  • Fitness Center
  • City View
  • P.S. 116 Mary Lindley Murray Rated A-
  • Rooftop Deck
  • 3-minute walk to Bellevue South Park

About This Home

Conveniently located with easy access to Madison Square Park, Flatiron, and Union square - this large split two-bedroom home features a private terrace and iconic views West and North including the Empire State Building, Chrysler Bldg, NY Life Bldg, and Credit Suisse Clock Tower from all rooms. An expansive living/dining room is adjacent to the open stainless kitchen featuring granite countertops, glass tile backsplash, a breakfast bar, and abundant counter and cabinet space, making this the ideal setting for cooking and entertaining. The main bedroom includes two custom California Closets, and an en-suite bathroom is fitted with glass tiles, an oversized shower head, and Restoration Hardware fixtures. The second bedroom is well-proportioned and features a custom California closet. Storage is abundant throughout this home, plus a bonus washer/dryer! 242 East 25th Street is a 13-story Condop building in the Kips Bay neighborhood of Manhattan. Built in 2005 and designed by architect Stephen B. Jacobs, the building is nestled between Third and Second Avenues and comprises 54 residential units ranging in size from studios to two bedrooms. The building offers residents a fitness center, rooftop terrace, bike room, and laundry room on every floor as well as private storage for rent. The building has a part-time doorman (Shifts from 8am-4pm and 4pm to 12am 7 days/week) with the added security of a video intercom system. 1% Flip Tax Payable by Seller. Please note this is a Groundlease. Images have been virtually staged.

Listing Agent

Leonard Steinberg

Compass Listed on: 03/17/2025

Compass

Property Details

Home Type

  • Co-Op

Interior Spaces

  • 1,152 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Rooftop Deck
  • Terrace

Community Details

Overview

  • Mid-Rise Condominium
  • Kips Bay Community

Amenities

  • Doorman
  • Laundry Facilities
  • Elevator

Recreation

Pet Policy

  • Pets Allowed

Property Details

Home Type

Co-Op

Lot Details

0

Listing Details

  • BuildingCommunityGym: Yes
  • BuildingCommunityLaundry: Yes
  • BuildingCommunityPetsAllowed: Yes
  • BuildingDoorman: Yes
  • BuildingRooftop: Yes
  • Building Style: Mid-rise
  • HamletID: 0
  • LandRentAmount: 0
  • Number Of Stories: 0
  • PercentageOfTaxThatIsDeductable: 0
  • PropertyCity: New York
  • Prop. Type: Coop
  • Renovation Year: 0
  • SForSaleAndRForRental: S
  • USStateAbbreviation: NY
  • ViewCity: Yes
  • Special Features: None
  • Property Sub Type: Coop
  • Stories: 0

Interior Features

  • Fireplaces: 0
  • AboveArea Sq Ft: 1152

Exterior Features

  • Terrace: Yes

Garage/Parking

  • AttachedParking: 0
  • Numberof Garage Spaces: 0

Condo/Co-op/Association

  • HOA Fees: 6231
  • Units in Building: 0

Schools

  • School District: 000000

Lot Info

  • Number Of Lots: 0

Multi Family

  • Unit Number of Bedrooms: 2
  • Total Taxes: 0

Tax Info

  • Tax Year: 0

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/03/2025 11/03/25 For Sale $850,000 0.0% $738 / Sq Ft
11/03/2025 11/03/25 Off Market $850,000 -- --
10/06/2025 10/06/25 For Sale $850,000 0.0% $738 / Sq Ft
10/06/2025 10/06/25 Off Market $850,000 -- --
09/19/2025 09/19/25 Price Changed $850,000 -4.5% $738 / Sq Ft
09/03/2025 09/03/25 For Sale $890,000 0.0% $773 / Sq Ft
09/03/2025 09/03/25 Off Market $890,000 -- --
08/27/2025 08/27/25 Price Changed $890,000 -1.0% $773 / Sq Ft
08/11/2025 08/11/25 For Sale $899,000 0.0% $780 / Sq Ft
08/11/2025 08/11/25 Off Market $899,000 -- --
07/28/2025 07/28/25 For Sale $899,000 0.0% $780 / Sq Ft
07/28/2025 07/28/25 Off Market $899,000 -- --
07/19/2025 07/19/25 Price Changed $899,000 -7.8% $780 / Sq Ft
07/14/2025 07/14/25 For Sale $975,000 0.0% $846 / Sq Ft
07/14/2025 07/14/25 Off Market $975,000 -- --
07/07/2025 07/07/25 For Sale $975,000 0.0% $846 / Sq Ft
07/07/2025 07/07/25 Off Market $975,000 -- --
06/14/2025 06/14/25 Price Changed $975,000 -2.5% $846 / Sq Ft
06/09/2025 06/09/25 For Sale $1,000,000 0.0% $868 / Sq Ft
06/09/2025 06/09/25 Off Market $1,000,000 -- --
05/19/2025 05/19/25 For Sale $1,000,000 0.0% $868 / Sq Ft
05/19/2025 05/19/25 Off Market $1,000,000 -- --
04/14/2025 04/14/25 For Sale $1,000,000 0.0% $868 / Sq Ft
04/14/2025 04/14/25 Off Market $1,000,000 -- --
04/07/2025 04/07/25 For Sale $1,000,000 0.0% $868 / Sq Ft
04/07/2025 04/07/25 Off Market $1,000,000 -- --
03/17/2025 03/17/25 For Sale $1,000,000 0.0% $868 / Sq Ft
06/11/2023 06/11/23 Rented $7,500 0.0% --
05/19/2023 05/19/23 For Rent $7,500 +27.1% --
09/30/2020 09/30/20 Rented -- -- --
08/31/2020 08/31/20 Under Contract -- -- --
05/31/2016 05/31/16 For Rent $5,900 0.0% --
09/20/2013 09/20/13 Sold -- -- -- View Prior Sale
Source: NY State MLS

About the Listing Agent

Leonard Steinberg

Compass

(866) 390-1724

Section Image

Twenty-five-year veteran Leonard Steinberg started a firestorm in the real estate profession when he joined the small start-up technology-focused New York-based brokerage Urban Compass as President in mid-2014 after seventeen years in the industry. The fifty-person company backed by Goldman Sachs, Founders Fund, and a host of other private equity entities - that have since been joined by Wellington Fund, Fidelity, Dragoneer, and Softbank Vision Fund and is now a publicly traded company - has

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Source: NY State MLS

MLS Number: 11452416

NY State MLS