Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $950,000

· Closed February 12, 2024

242 E 25TH Street #PHA
Closed For Sale Condop

$950,000

$826 per sq ft

242 E 25TH Street #PHA

Gramercy Park, Manhattan

MLS® #RLS10933477

RLS at REBNY

Listing by Corcoran Group

2

Bedrooms

2

Baths

1,150

Sq. Ft.

2004

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,150 sq ft
Year Built 2004
Ownership Condop
HOA/Common Charges $4,756/mo
Neighborhood Gramercy Park
Floor 13 of 13

Property Highlights

  • Views: City
  • Exposure: South facing

Property Details

Type Condop
Ownership Condop
Total Rooms 4
Baths 2 Full
Floor 13 of 13
View City
Exposure South
Pets Yes
Year Built 2004
Living Area 1,150 sq ft
Structure Type HighRise
Basement Other
Block/Lot 00905/0035

Listing History

Event Date Price Change
Listed Sep 11, 2023 $995,000 -
Price Reduced Feb 12, 2024 $1,100,000 +10.6%
Currently Jun 2, 2026 $950,000 -13.6%

Description

Nestled at the border of Gramercy and Kips Bay, Penthouse A is an exquisite, sun-soaked two-bedroom, two-bathroom apartment offering breathtaking, unobstructed SOUTHERN skyline views from every room.

This recently renovated apartment boasts a pristine Southern-facing terrace, as well as floor-to-ceiling windows that allow for the enjoyment of stunning sunrises and sunsets.This exceptional residence features a remodeled kitchen, complete with granite countertops and stainless steel appliances, seamlessly flowing into a spacious living area.

The main bedroom boasts two generous closets and a contemporary en-suite bathroom, complete with a linen closet.The capacious second bedroom, which can also be used as a home office, offers custom-built storage solutions and an adjacent windowed guest bathroom.

Beyond the expansive terrace, perfect for hosting gatherings, and the strategically designed layout that places the bedrooms on opposite ends, notable attributes include lofty ceilings, bespoke closet installations, recently added Hunter Douglas custom electric shades, brand new flooring throughout, a semi-private landing (shared with only one other apartment on this floor), brand-new central air conditioning and heating, and the convenience of an in-unit full-size washer/dryer.

This superb location is just a short walk from the 6, N, and R subway lines, as well as Madison Square Park, granting residents access to the finest amenities of both Kips Bay and Gramercy.

The condop operates under CONDO like rules, requiring no board interview.Building amenities encompass a doorman, on-site superintendent, a well-appointed fitness center, storage facilities, a central laundry room, and a roof deck affording panoramic views.Investors, Co-Purchasers, Pied-a-Terres and immediate subletting are permitted. Pets are permitted.

Features & Amenities

Interior Features

Smoke Free Building Other

Exterior Features

Building Roof Deck

Building Amenities

Green Building

Building Information

Building Data View Compliance & Permits
Total Units 54
Stories 13
Structure HighRise

Financial Details

Common Charges $4,756/mo
Original Price $995,000
Sale Price $950,000
Previous Price $1,100,000
Land Lease Yes

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

173

Median Asking Price

$1.35M

Median $/Sqft

$1,766

Avg Days on Market

N/A

New This Week

7

Price Reduced

29%

Sold (30 Days)

21

Median Sale Price

$1.20M

Live data from RLS at REBNY • Updated 6/2/26, 4:54 PM EST

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Location

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242 E 25TH Street #PHA, Gramercy Park, New York County

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 $4,756 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 bedrooms and 2 full bathrooms.

The listed interior living area is 1,150 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: Pets Allowed,Building Pets Allowed Comments:Pets Allowed. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $950,000 for 1,150 sq ft, the asking price per square foot is approximately $826. 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: RLS10933477
First Listed: 9/11/2023
On Market: 9/11/2023
Price Changed: 2/12/2024
Closed: 2/12/2024
Contract Date: 9/11/2023

Listing Courtesy of Corcoran Group - David Mayer

Listing Contact: (917) 783-0707

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 6/2/2026 at 8:54 PM UTC

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