$350,000
SOLD JUN 3, 2025
1 Bed
1 Bath
712 Sq Ft
$3,597/mo HOA Fee

Recently Sold

$492 Per Sq Ft

34% Below List Price

50 Days on Market

Highlights

  • Rooftop Deck
  • City View
  • High-Rise Condominium
  • P.S. 116 Mary Lindley Murray Rated A-
  • South Facing Home
  • 3-minute walk to Bellevue South Park

About This Home

As of June 2025

YES - THIS IS THE REAL PRICE! MOTIVATED SELLER!

Dream apartment for everyone: Welcome home to apartment 9B at 242 East 25th Street, a spacious, true 1 bedroom in an immaculate, and well-run, Condop, (Coop with Condo rules). Whether you are looking for a pied-a terre, an investment property or primary residence, look no further!

South facing, floor to ceiling windows flood the entire apartment with bright light. An open, modern chef's kitchen is wonderfully outfitted with Stainless Steel appliances, Granite countertops and Glass Tile backsplash. A large breakfast bar opens to a generous living room which offers ample space for an additional dining area for both entertaining and quiet dinners. In unit Washer and Dryer, Central Zoned Heating and Cooling, and storage galore.

The building boasts a fitness center and roof deck with skyline city views to complete this wonderful picture. Built in 2005 and designed by architect Stephen B. Jacobs, this 13-story boutique building with 54 units is truly a gem. Conveniently located with easy access to Madison Square Park, East River, Flatiron and Union Square, along with amazing shopping, markets and dining. This pet friendly building allows; investors, co-purchasing, guarantors, and owner as pied-a-terre. The building has a wonderful live-in Superintendent.

Unit currently occupied - please allow 24-hour notice for showings. Lease ends July 2025, with flexibility for early termination to accommodate your needs.

This is a land lease building.

Last Agent to Sell the Property

Lori Huler

Brown Harris Stevens Residential Sales LLC License #40HU1044819 Listed on: 02/11/2025

Brown Harris Stevens Residential Sales LLC

Co-Listed By

Lori Abeles

Brown Harris Stevens Residential Sales LLC License #10401318319

Property Details

Home Type

  • Condo-Op

Year Built

  • Built in 2004

Lot Details

  • South Facing Home
  • Land Lease

HOA Fees

  • $3,597 Monthly HOA Fees

Interior Spaces

  • 712 Sq Ft Home
  • Laundry in unit
  • Basement

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • No Cooling

Listing and Financial Details

  • Tax Block 00905

Community Details

Overview

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

Amenities

  • Rooftop Deck

Property Details

Home Type

Condo-Op

Year Built

Built in 2004

Lot Details

0

HOA Fees

$3,597 per month

Listing Details

  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Kips Bay
  • Entry Level: 9
  • Structure Type: High Rise
  • Pets No Pets Comments: pets allowed,Building Pets Allowed Comments:pets allowed
  • Special Features: None
  • Property Sub Type: Coop
  • Stories: 13

Interior Features

  • Fireplace: No
  • Living Area: 712.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3
  • Basement: Yes
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Roof Deck, None, Private Outdoor Space Under 60 Sqft
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Other, In Unit
  • Green Building Features: Elevator(s)
  • Cooling: Other
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 3597.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condop

Lot Info

  • Zoning Description: C1-8A

Rental Info

  • Land Lease: Yes

Building Info

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

Tax Info

  • Tax Block: 00905
  • Tax Lot: 0000

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Range of Values:

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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
06/03/2025 06/03/25 Sold $350,000 -12.1% $492 / Sq Ft
04/02/2025 04/02/25 Pending -- -- --
03/13/2025 03/13/25 Price Changed $398,000 -24.6% $559 / Sq Ft
02/11/2025 02/11/25 For Sale $528,000 0.0% $742 / Sq Ft
06/14/2023 06/14/23 Rented $4,250 0.0% --
05/11/2023 05/11/23 Price Changed $4,250 -12.4% $6 / Sq Ft
04/06/2023 04/06/23 For Rent $4,850 -- --
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20002698

Real Estate Board of New York (REBNY)