Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $530,000

· Sold at asking price · Closed February 29, 2020

SOLD: 242 E 25th Street #10-D
SOLD $530,000
Sold Condop

$530,000

$1,010 per sq ft

242 E 25th Street #10-D

Kips Bay, Manhattan

MLS® #RLS10592621

RLS at REBNY

Listing by Compass

Studio

1

Bath

525

Sq. Ft.

2005

Year Built

Sale Details

Sale Price $530,000
Original List Price $530,000
Close Date February 29, 2020
vs. Asking Sold at asking price

Property Summary

Bedrooms Studio
Bathrooms 1
Living Area 525 sq ft
Year Built 2005
Ownership Condop
Common Charges $1,901/mo
Neighborhood Kips Bay
Floor 10 of 13

Description

Great residence or investment opportunity! Building built in 2004! Amazing Views! This is not a Coop it is a Condop, similar to a Condo. You can rent from day one, and rent it for as long as you want. This unit can rent for around $3200 to $3300 a month with a great cap rate. You will not find a Condo like this in the neighborhood in this price range! 50% tax deductible from monthly maintenance! Ever fantasized about living in a unit with unobstructed views of one of New York City?s most-loved buildings? Turn your dreams into reality by situating yourself in this completely rare unit with perfect views of the Empire State building from both the bedroom and living room. This impressive studio alcove features a thoughtfully designed open layout kitchen with stainless steel appliances and granite countertops that allows you the luxury of being able to prepare food while entertaining guests at the same time. The layout of the unit is versatile - you can keep the room light and airy by keeping the alcove area open, or separate the area with a wall or a sliding door for additional privacy. The living room has enough space for an oversized couch, coffee table, home office and much more. Featuring two California closets, with one being a walk-in, this units features are perfect even for the most ambitious New Yorker. The building offers great amenities, including a part-time doorman, a 360 degree view of the city from the roof deck, state of the art gym, as well as a laundry room, bike racks, and additional storage. Comfortably blending contemporary conveniences with quirky allure, this apartment building sits in the heart of Kips Bay, home to an abundance of unpretentious retail stores and long established businesses alike. If you love the accessibility to the city but still crave cozy, off-the-wall scenery, Kips Bay is perfect for you. In regards to transportation, the 6, N, R, W, and L trains are all easily accessible. If interested in viewing property, please reach out to us for a private showing.

Property Details

Type Condop
Ownership Condop
Total Rooms 2
View City
Cooling Central Air
Year Built 2005
Living Area 525 sq ft

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RLS at REBNY

Listing courtesy of Nikolay Afanasyev at Compass. 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. This 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.

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