$899,000
OPEN SUN 1AM - 2PM $101K PRICE DROP

Estimated payment $12,105/month

Total Views 3,315
2 Beds
2 Baths
1,152 Sq Ft
$780 Price per Sq Ft

Highlights

  • Terrace
  • Dual Closets
  • North Facing Home
  • P.S. 116 Mary Lindley Murray Rated A-
  • Central Air
  • 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 License #10491210697 Listed on: 03/17/2025

Compass

Co-Listing Agent

Hervé Senequier

Compass License #10301222383

Open House Schedule

Property Details

Home Type

  • Co-Op

Year Built

  • Built in 2004

Lot Details

  • North Facing Home
  • Land Lease

HOA Fees

  • $6,231 Monthly HOA Fees

Home Design

  • 1,152 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Dual Closets
  • 2 Full Bathrooms

Utilities

  • Central Air
  • No Heating

Additional Features

  • Laundry in unit
  • Terrace

Listing and Financial Details

  • Legal Lot and Block 0035 / 00905

Community Details

Overview

  • 54 Units
  • High-Rise Condominium
  • Kips Bay Subdivision
  • 13-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Co-Op

Year Built

Built in 2004

Lot Details

0

HOA Fees

$6,231 per month

Listing Details

  • Exposures: North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Kips Bay
  • Entry Level: 12
  • Structure Type: High Rise
  • Special Features: OpenHouse
  • Property Sub Type: Coop
  • Stories: 13

Interior Features

  • Interior Features: His and Hers Closets
  • Fireplace: No
  • Living Area: 1152.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Exterior Features

  • View: No
  • Exterior Features: Private Outdoor Space Over 60 Sqft
  • Patio/Porch Features: Terrace

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Building Multiple Locations, Common On Floor, Common Area, In Unit
  • Green Building Features: Elevator(s)
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 6231.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Stock Cooperative

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 58.000000x98.750000

Rental Info

  • Land Lease: Yes
  • Furnished: Unfurnished

Building Info

  • New Construction: No
  • Units: 54
  • Total Stories: 13
  • Year Built: 2004

Tax Info

  • Tax Block: 00905
  • Tax Lot: 0035

Map

Range of Values:

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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 Change Sq Ft Price
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 -- -- --
Source: Real Estate Board of New York (REBNY)

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20009743

Real Estate Board of New York (REBNY)