$1,225,000
Updated 3 years ago
Off Market

242 East 25th Street, 12-B

Kips Bay, Manhattan | Third Ave & Second Ave

3 Rooms2 Beds2 Baths1,152 Square FeetCondop

$1,225,000
Price Per SF
$1,063

Listing Features

  • Corner Apartment
  • Custom Closets
  • High Ceilings [9.1']
  • Split Bedrooms
  • Washer / Dryer
  • Flr-to-Clg Windows
  • New Windows
  • Dishwasher
  • Microwave
  • New Appliances
  • S Steel Appliances
  • En Suite Bathroom

Outdoor space and views

  • Terrace [6'x14']
  • Chrysler Building
  • Empire State Bldg
  • North Exposure
  • West 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, 12-B

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-proportion and features a custom California closet. There is an abundance of storage 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 is comprised of 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 and the Groundlease is expiring July 31st, 2102. Images have been virtually staged.

Listing History for 242 East 25th Street, 12-B

Now
06/01/2023
TOM by Leonard Steinberg
Compass
05/19/2023
$1,225,000 [-$25,000] [2%]
Price Drop by Leonard Steinberg
Compass

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: 254005