$465,000
Updated 2 years ago
Off Market

242 East 25th Street, 3-D

Kips Bay, Manhattan | Third Ave & Second Ave

Junior 1 1 Bath525 Square FeetCondop

$465,000
Price Per SF
$886

Listing Features

  • Abundant Closets
  • Custom Closets
  • High Ceilings
  • Security System
  • Walk-in Closet
  • Washer / Dryer
  • Flr-to-Clg Windows
  • New Windows
  • Dishwasher
  • Gourmet Kitchen
  • Microwave
  • S Steel Appliances
  • Marble Bathroom

Outdoor space and views

  • 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, 3-D

ONE YEAR OF MAINTENANCE PAID BY SELLER!
Unbeatable Price for this Alcove studio in a full-service Condop, with in-unit washer-dryer!
Investor-friendly , this gem can be used as an investment property, Pied-a-Terre or Main Residence. Co-Purchasers and IMMEDIATE subletting are permitted!

Uncover a home of comfort and convenience at this exquisite unit in the heart of Gramercy Park.
Impressively situated at 242 East 25th Street, nestled at the border of Gramercy and Kips Bay, Unit 3D is a hidden gem that integrates high-quality features, affordability, and luxury in one unique, spacious design. Designed to please, this charming unit (can be easily converted to a one bedroom) is draped in light, courtesy of the oversized, newly installed windows.
With a pet-friendly policy, your furry friends are more than welcome to enjoy the stylishly comfortable premises that make living a joy. Inside, you will be captivated by the exceptional condition of the unit, reflecting masterful attention to detail. From the sleek, traditional style kitchen featuring a breakfast bar and top-tier essentials, generous closet space to the upscale bathroom, everything about this home nervously whispers 'elegance'.

Amenities? The building boasts a part-time doorman on the staff, ensuring extra peace of mind, a private gym, a live-in superintendent, and breathtaking views of New York City from the Rooftop.
In addition to the compelling interiors, the strategic location is another selling point.

Gramercy Park is a neighborhood filled with the vibrancy of local attractions such as parks, entertainment venues, and eateries. The property is also conveniently located among a bustling neighborhood with many restaurants and entertainment options within easy access to Madison Square Park, Flatiron and Union Square. This prime location is also just a short walk from the 6, N, and R subway lines.

This impeccably styled 2-room paradise is an opportunity to own a piece of New York's coveted real estate.
There is extra storage option (wait list) and the Condop operates under CONDO like rules, requiring NO board interview!

Please get in touch today to arrange a viewing and experience firsthand the elegance and prestige offered by this splendid Gramercy Park retreat.

This opportunity is not to be missed!

Video Walkthrough


Listing History for 242 East 25th Street, 3-D

Now
09/22/2024
TOM by Patrick Ben-Hayoun
Douglas Elliman
03/22/2024
$465,000 [-$20,000] [4.1%]
Price Drop by Patrick Ben-Hayoun
Douglas Elliman

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 Agent

Contact Agent

Patrick Ben-Hayoun
Douglas Elliman

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: 253660