$320,000
Updated 7 months ago
Sold

242 East 25th Street, 7-C

Kips Bay, Manhattan | Third Ave & Second Ave

Alcove Studio 1 BathCondop

$320,000

This property was sold for $320,000 on 01/20/26.

Listing Features

  • Abundant Closets
  • Entry Foyer
  • Hardwood Floors
  • High Ceilings
  • Penthouse/Top Flr
  • Walk-in Closet
  • Washer / Dryer
  • Flr-to-Clg Windows
  • New Windows
  • Center Island
  • Dishwasher
  • Eat-in Kitchen
  • Microwave
  • New Appliances
  • Open Kitchen
  • S Steel Appliances

Outdoor space and views

  • 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, 7-C

Bright One-Bedroom with Iconic Views in Prime Kips Bay / Gramercy

Welcome to Residence 7C at 242 East 25th Street - a generously sized, north-facing alcove studio smartly converted into a one-bedroom. Bathed in natural light with sweeping open-sky views, this home offers 549 SF (approx.) of thoughtfully designed interior space and a seamless blend of style and functionality.

As you enter, you're welcomed by an open-concept kitchen with an island for casual dining or entertaining. Outfitted with stainless steel appliances - including a dishwasher - granite countertops, and sleek cabinetry, the kitchen flows effortlessly into the spacious living area.

Oversized windows frame open northern views, including direct sightlines to the Empire State Building and One Vanderbilt. The living/dining space easily accommodates both a sofa and dining table, while the converted bedroom fits a queen-sized bed and features its own large closet. A separate walk-in closet adds even more storage, and the in-unit washer/dryer adds coveted convenience.

The bathroom offers a clean, modern aesthetic with a full tub/shower combo and built-in shelving.

Building Amenities:

Residents of 242 East 25th Street enjoy access to a full suite of amenities, including a 24-hour doorman, resident fitness center, bike storage, and a furnished rooftop with panoramic Midtown views. The building is professionally managed and pet-friendly (with board approval).

Neighborhood Highlights:

Located at the intersection of Kips Bay and Gramercy, you're moments from some of the city's best dining, shopping, and wellness options. Just blocks from Trader Joe's, Whole Foods, Target, and Equinox, as well as top-rated restaurants like Upland, Penelope, and The Smith.

Enjoy proximity to the East River Greenway and Madison Square Park, plus convenient access to transportation - with the 6 train just 3 blocks away at 23rd Street, and the R/W and L lines also nearby.

Additional Details:

Maintenance is 50 percent tax-deductible

Land lease through 2102

10 percent financing allowed


Video Walkthrough


Listing History for 242 East 25th Street, 7-C

Now
01/25/2026
$320,000
Sold and Closed by Talia McKinney
Serhant LLC
2026

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

Talia McKinney
Serhant LLC
Race Ricker
Serhant LLC

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: 254289