Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $740,000

Listed at $785,000 · Sold 5.7% below asking · Closed July 24, 2019

242 E 25TH Street #4B
Closed For Sale Condop

$785,000

$1,103 per sq ft

242 E 25TH Street #4B

Gramercy Park, Manhattan

MLS® #RLS10540426

RLS at REBNY

Listing by The Corcoran Group

1

Bedroom

1

Bath

712

Sq. Ft.

2004

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 712 sq ft
Year Built 2004
Ownership Condop
HOA/Common Charges $1,178/mo
Neighborhood Gramercy Park
Floor 4 of 13

Property Highlights

  • Exposure: South facing

Property Details

Type Condop
Ownership Condop
Total Rooms 3
Baths 1 Full
Floor 4 of 13
Exposure South
Pets Yes
Cross Street 3 AVENUE and 2 AVENUE
Year Built 2004
Living Area 712 sq ft
Parcel # 0905-0035-00242-000-000004B

Listing History

Event Date Price Change
Listed Feb 7, 2019 $799,000 -
Currently Jun 4, 2026 $785,000 -1.8%

Description

This building operates like a CONDO and permits investors, co-purchasers, guarantors, pied-a-terres, pets and immediate subletting. No board interview required and up to 90% financing permitted. Bright and spacious one bedroom residence. This open, south-facing home captures natural light through oversized floor-to-ceiling windows. Arrive through a formal entry gallery into a generously proportioned open living room with beautiful hardwood floors. The chef's kitchen features a large breakfast bar that overlooks the living area and is handsomely outfitted with granite countertops, dishwasher and stainless steel appliances. The spacious bedroom enjoys ample closet space. The in unit washer/dryer adds convenience. Monthly maintenance shown reflects a seller closing credit of $1000 per month for the first year. Current tenant paying below-market rent $3500 per month. Apartment can be delivered vacant or with income producing tenant in place. 242 East 25th Street is a boutique luxury condop attended by a doorman. Residents enjoy access to a gym, roof deck, bike room, storage room, and the convenience of a live-in super.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Building Information

Financial Details

Common Charges $1,178/mo
Original Price $799,000
Sale Price $740,000

Gramercy Park is one of New York City’s most storied and architecturally distinctive neighborhoods, centered around the only private park in Manhattan. The area exudes old-world charm with its gas-lit streets and impeccably preserved 19th-century architecture. While the park itself is private, the surrounding real estate offers a mix of historic brownstones, elegant pre-war cooperatives, and boutique new developments that cater to those seeking a low-traffic urban retreat.

Gramercy Park Live Market Data

View Neighborhood

Active Listings

174

Median Asking Price

$1.40M

Median $/Sqft

$1,730

Avg Days on Market

N/A

New This Week

6

Price Reduced

29%

Sold (30 Days)

23

Median Sale Price

$1.20M

Live data from RLS at REBNY • Updated 6/4/26, 2:07 PM EST

Similar Listings in Gramercy Park

View All

Location

Loading map...

242 E 25TH Street #4B, Gramercy Park, New York County • Near 3 AVENUE and 2 AVENUE

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1895
Year Built
131 years old
2
Floors
M1-1D
Zoning District
NYC Landmark

Tax & Assessment

Assessed Value: $2,213,550
Land Value: $126,000
Exemptions: $2,213,550

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 13,983 SF
Building Area: 14,633 SF
Built FAR: 1.05
Allowed FAR: 1.5

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $1,178 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 712 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2004, making it approximately 22 years old.

This listing is a condop, a hybrid structure where the building is legally a co-op but individual units are sold with greater flexibility, often including subletting rights similar to condos.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $785,000 for 712 sq ft, the asking price per square foot is approximately $1,103. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10540426
First Listed: 2/7/2019
Closed: 7/24/2019
Contract Date: 2/7/2019

Listing Courtesy of The Corcoran Group - Nick Parker

Listing Contact: (212) 355-3550

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 6/4/2026 at 6:07 PM UTC

Buying in NYC? Start Here

Condop Explained: The NYC Hybrid

Condo tax benefits with co-op governance. Is it right for you?

Read article

Co-op vs. Condo: Which Is Right for You?

Ownership structure, board approval, financing: the full comparison.

Read article

Condo Due Diligence Checklist

What to review before signing: financials, reserve fund, offering plan.

Read article

NYC Real Estate Market Report 2026

Data-driven analysis of prices, inventory, and trends across NYC.

Read article

Interested in this property?

Your info is secure and never shared.

View Active Listings Call Milton