$800,000
$35K PRICE DROP

Estimated payment $9,449/month

Total Views 3,084
2 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

This beautifully designed split two-bedroom, two-bathroom apartment is located at the intersection of Gramercy & Kips Bay, offering a blend of comfort, style, and modern amenities. Wake up every morning & enjoy the southern sunlight cascading through your large windows, filling the spacious living area with warmth.

The open kitchen is perfect for entertaining, featuring a large breakfast bar, stainless steel appliances including a dishwasher, and enough cabinet space for all of your cooking gadgets. The open living and dining area is versatile, accommodating various layouts with room for seating, an entertainment center, a home office/desk and will suit all of your needs.

The two split bedrooms are generously sized, with the primary suite featuring an en-suite bathroom and a large custom dressing room. The apartment offers plenty of storage with multiple closets throughout, and additional features include an in-unit washer/dryer, through-the-wall AC, and hardwood floors.

Located at 242 East 25th Street, this boutique condop offers condo-like rules and amenities such as a part-time doorman (8am–midnight), video intercom system, roof deck with city views, bike storage and a fitness center. The building is investor-friendly, allowing pied-a-terres, co-purchasing, guarantors, immediate subletting, and pets. Conveniently situated near the 6, N, and R trains, Madison Square Park, and some of the city's best dining and shopping, this apartment is a fantastic opportunity in one of Manhattan's most sought-after neighborhoods.

Listing Agent

Nicole Gary

Keller Williams NYC License #10301211035 Listed on: 03/20/2025

Keller Williams NYC

Co-Listing Agent

Kristen Sirrine

Keller Williams NYC License #10401257893

Property Details

Home Type

  • Co-Op

Year Built

  • Built in 2005

Lot Details

  • 5,728 Sq Ft Lot

HOA Fees

  • $4,298 Monthly HOA Fees

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Community Details

  • 54 Units
  • Kips Bay Subdivision
  • 13-Story Property

Listing and Financial Details

  • Legal Lot and Block 0035 / 00905

Property Details

Home Type

Co-Op

Year Built

Built in 2005

Lot Details

0

HOA Fees

$4,298 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Kips Bay
  • Entry Level: 4
  • Structure Type: None
  • Special Features: None
  • Property Sub Type: Coop
  • Stories: 13

Interior Features

  • Fireplace: No
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

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

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building None, None
  • Green Building Features: Elevator(s)

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 4298.17
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Association: No
  • Common Interest: Stock Cooperative

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 5728.0
  • Lot Size Dimensions: 58.0 x 98.75

Building Info

  • New Construction: No
  • Units: 54
  • Spa: No
  • Total Stories: 13
  • Year Built: 2005

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 00905
  • Tax Lot: 0035

Multi Family

  • Building Area Units: Square Feet

Map

Range of Values:

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Average Value
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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
06/25/2025 06/25/25 Price Changed $800,000 -4.2% --
03/20/2025 03/20/25 For Sale $835,000 -6.7% --
02/04/2021 02/04/21 Sold $895,000 -8.7% $910 / Sq Ft
11/17/2020 11/17/20 Pending -- -- --
06/16/2018 06/16/18 Sold $980,000 -14.8% $996 / Sq Ft
05/17/2018 05/17/18 Pending -- -- --
09/12/2013 09/12/13 For Sale $1,150,000 +28.5% $1,169 / Sq Ft
11/21/2005 11/21/05 For Sale $895,000 -- $910 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20010641

Real Estate Board of New York (REBNY)