242 East 25th Street, 9B

Kips Bay   |   Third Avenue & Second Avenue

Condop [Part-Time Doorman]
$ 528,000
Rooms 3
Bedrooms 1
Bathrooms 1
Status Active
Maintenance [Monthly] $ 1,799
Financing Allowed 80%
Listing ID: 254014

Jason Bauer

License

Manager, Licensed Associate Real Estate Broker

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Property Description

BACK ON THE MARKET - MOTIVATED SELLER!

Please note: Seller is offering 86,000 concession at closing, supplementing the monthly maintenance, which is currently 3,597. Concession equals four (4) years of half of the monthly maintenance, as reflected above.

Dream apartment for everyone: Welcome home to apartment 9B at 242 East 25th Street, an immaculate, and well-run, Condop, (Coop with Condo rules). Whether you are looking for a pied-a terre, an investment property or primary residence, look no further!

South facing, floor to ceiling windows flood the entire apartment with bright light. An open, modern chef's kitchen is wonderfully outfitted with Stainless Steel appliances, Granite countertops and Glass Tile backsplash. A large breakfast bar opens to a generous living room which offers ample space for an additional dining area for both entertaining and quiet dinners. In unit Washer and Dryer, Central Zoned Heating and Cooling, and storage galore.

The building boasts a fitness center and roof deck with skyline city views to complete this wonderful picture. Built in 2005 and designed by architect Stephen B. Jacobs, this 13-story boutique building with 54 units is truly a gem. Conveniently located with easy access to Madison Square Park, East River, Flatiron and Union Square, along with amazing shopping, markets and dining. This pet friendly building allows; investors, co-purchasing, guarantors, and owner as pied-a-terre. The building has a wonderful live-in Superintendent.

Unit currently occupied - please allow 24-hour notice for showings. Lease ends July 2025, with flexibility for early termination to accommodate your needs.

This is a land lease building.
BACK ON THE MARKET - MOTIVATED SELLER!

Please note: Seller is offering 86,000 concession at closing, supplementing the monthly maintenance, which is currently 3,597. Concession equals four (4) years of half of the monthly maintenance, as reflected above.

Dream apartment for everyone: Welcome home to apartment 9B at 242 East 25th Street, an immaculate, and well-run, Condop, (Coop with Condo rules). Whether you are looking for a pied-a terre, an investment property or primary residence, look no further!

South facing, floor to ceiling windows flood the entire apartment with bright light. An open, modern chef's kitchen is wonderfully outfitted with Stainless Steel appliances, Granite countertops and Glass Tile backsplash. A large breakfast bar opens to a generous living room which offers ample space for an additional dining area for both entertaining and quiet dinners. In unit Washer and Dryer, Central Zoned Heating and Cooling, and storage galore.

The building boasts a fitness center and roof deck with skyline city views to complete this wonderful picture. Built in 2005 and designed by architect Stephen B. Jacobs, this 13-story boutique building with 54 units is truly a gem. Conveniently located with easy access to Madison Square Park, East River, Flatiron and Union Square, along with amazing shopping, markets and dining. This pet friendly building allows; investors, co-purchasing, guarantors, and owner as pied-a-terre. The building has a wonderful live-in Superintendent.

Unit currently occupied - please allow 24-hour notice for showings. Lease ends July 2025, with flexibility for early termination to accommodate your needs.

This is a land lease building.

Listing Courtesy of Brown Harris Stevens Residential Sales LLC

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Apartment Features

A/C
Washer / Dryer
242 East 25th Street Kips Bay New York NY 10010

Building Details [242 East 25th Street]

Ownership Condop
Service Level Part-Time Doorman
Access Elevator
Pet Policy Pets Allowed
Block/Lot 905/35
Building Type Mid-Rise
Age Post-War
Year Built 2005
Floors/Apts 13/54

Building Amenities

Bike Room
Fitness Facility
Laundry Rooms
Private Storage
Roof Deck

Building Statistics

$ 983 APPSF

Closed Sales Data [Last 12 Months]

Mortgage Calculator in [US Dollars]

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Loan Amount

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 REBNY Listing Service, Inc. All rights reserved. Additional building data provided by On-Line Residential [OLR].
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.