$547,000
Updated 7 years ago
Off Market

242 East 25th Street, 10-D

Kips Bay, Manhattan | Third Ave & Second Ave

Alcove Studio 1 Bath525 Square FeetCondop

$547,000
Price Per SF
$1,042

Listing Features

  • Abundant Closets
  • Custom Closets
  • Hardwood Floors
  • High Ceilings
  • Home Office
  • Open Space
  • Walk-in Closet
  • Washer / Dryer
  • Flr-to-Clg Windows
  • Dishwasher
  • Microwave
  • Open Kitchen
  • S Steel Appliances
  • Soaking Tub

Outdoor space and views

  • Terrace
  • City Views
  • Empire State Bldg
  • North Exposure

Building Amenities

  • Part-Time Doorman
  • Bike Storage
  • Elevator
  • Fitness Facility
  • Laundry Per Floor
  • Roof Deck
  • Storage

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 242 East 25th Street, 10-D


Great residence or investment opportunity! Building built in 2004! Amazing Views!


This is not a Coop it is a Condop, similar to a Condo. You can rent from day one, and rent it for as long as you want. This unit can rent for around $3200 to $3300 a month with a great cap rate. You will not find a Condo like this in the neighborhood in this price range! 50% tax deductible from monthly maintenance!


Ever fantasized about living in a unit with unobstructed views of one of New York City’s most-loved buildings? Turn your dreams into reality by situating yourself in this completely rare unit with perfect views of the Empire State building from both the bedroom and living room.


This impressive studio alcove features a thoughtfully designed open layout kitchen with stainless steel appliances and granite countertops that allows you the luxury of being able to prepare food while entertaining guests at the same time.


The layout of the unit is versatile - you can keep the room light and airy by keeping the alcove area open, or separate the area with a wall or a sliding door for additional privacy.


The living room has enough space for an oversized couch, coffee table, home office and much more. Featuring two California closets, with one being a walk-in, this units features are perfect even for the most ambitious New Yorker.


The building offers great amenities, including a part-time doorman, a 360 degree view of the city from the roof deck, state of the art gym, as well as a laundry room, bike racks, and additional storage.


Comfortably blending contemporary conveniences with quirky allure, this apartment building sits in the heart of Kips Bay, home to an abundance of unpretentious retail stores and long established businesses alike. If you love the accessibility to the city but still crave cozy, off-the-wall scenery, Kips Bay is perfect for you. In regards to transportation, the 6, N, R, W, and L trains are all easily accessible.


If interested in viewing property, please reach out to us for a private showing.

Building Details for 242 East 25th Street

OwnershipCondop
Building TypeMid-Rise
Service LevelPart-Time Doorman
AgePost-War
AccessElevator
Year Built2005
Financing Allowed80%
Floors/Apts13/54
Learn More About the Building

Transit and Citi Bike

Subway

23 St
0.28 miles
28 St
0.29 miles
23 St
0.44 miles
33 St
0.45 miles

Citi Bike

E 25 St & 2 Ave
0.09 miles
Lexington Ave & E 24 St
0.15 miles

Contact Agents

Contact Agents

Kips Bay | Manhattan

Quick Profile

If you take a walk through Kips Bay, which is loosely defined as the area between 23rd street and 34th street and the East River to almost Lexington, you’ll quickly learn it's a hodgepodge of sorts and not as well defined as other neighborhoods in New York City. Some New Yorkers say Kips Bay has an identity crisis because 1st, 2nd, and 3rd avenues are distinctly different from one another as you traverse them. Despite the perceived lack of neighborhood vibe there are others that appreciate its affordability and convenience.  

First Avenue is dominated by hospitals and hospital buildings such as NYU Medical Center and Bellevue Hospital to name a few. Second Avenue is a mosaic of convenience stores, fast food joints and nondescript brick buildings. Third Avenue is saturated with small bars and gastropubs and the twenty somethings that patronize them. 

No judgement against Kips Bay here. It’s a great neighborhood that is just as much a part of New York City as any other neighborhood. Kips Bay It’s bordered by Murray Hill to the North, Stuyvesant Town and Gramercy Park to the South, and Rose Hill to the West. The neighborhood is partly defined by newer high-rise apartments, brick rowhouses, and former tenement buildings. 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 1743136