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242 East 25th Street 12BNew York, NY 10010

For Sale

$890,000

Smart Buyer Rebate $9,750

Conveniently located with easy access to Madison Square Park, Flatiron, and Union square - this large split two-bedroom home features a private terrace and iconic views West and North including the Empire State Building, Chrysler Bldg, NY Life Bldg, and Credit Suisse Clock Tower from all rooms.

An expansive living/dining room is adjacent to the open stainless kitchen featuring granite countertops, glass tile backsplash, a breakfast bar, and abundant counter and cabinet space, making this the ideal setting for cooking and entertaining.

The main bedroom includes two custom California Closets, and an en-suite bathroom is fitted with glass tiles, an oversized shower head, and Restoration Hardware fixtures. The second bedroom is well-proportioned and features a custom California closet. Storage is abundant throughout this home, plus a bonus washer/dryer!

242 East 25th Street is a 13-story Condop building in the Kips Bay neighborhood of Manhattan. Built in 2005 and designed by architect Stephen B. Jacobs, the building is nestled between Third and Second Avenues and comprises 54 residential units ranging in size from studios to two bedrooms. The building offers residents a fitness center, rooftop terrace, bike room, and laundry room on every floor as well as private storage for rent. The building has a part-time doorman (Shifts from 8am-4pm and 4pm to 12am 7 days/week) with the added security of a video intercom system.

1% Flip Tax Payable by Seller.
Please note this is a Groundlease.
Images have been virtually staged.

Listed by Leonard Steinberg

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License #10491210697

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Compass

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(646) 375-1932

Listed by Herve J Senequier

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License #10301222383

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Compass

Last updated August 30, 2025

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Source: REBNY #RLS20009743

Listing Facts

  • TypeCo-op
  • NeighborhoodRose Hill
  • Bedrooms2
  • Bathrooms2
  • Days on Prevu174
  • HOA/Maint. Fees$6,231/month
  • Size1,152 sqft
  • Price per sqft$773

Amenities

  • Private Outdoor Space
  • Pets Allowed
  • Concierge

Location

Mortgage Calculator

Listing History

08/26/2025
Price Decreased
$890,000
07/18/2025
Price Decreased
$899,000
06/05/2025
Price Decreased
$975,000
03/17/2025
Listed by Compass
$1,000,000

Estimated Closing Costs

Total
$9,500
Attorney Fees
$4,000
Bank Attorney
$1,500
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $890,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 242 East 25th Street 12B

Association

Amenities

  • Pets Allowed: Building Yes
  • Concierge: Doorman Part Time

Fees

  • Association Fee: $6,231.00 Monthly

Compensation

Commissions

  • Buyer Agency Compensation: 2.5Percent

Exterior

Construction

  • Number Of Units Total: 54
  • Property Condition: Good Condition
  • Stories Total: 13
  • Structure Type: High Rise
  • Year Built: 2004
  • Entry Level: 12

Features

  • Building Features: Elevator(s)
  • Patio And Porch Features: Terrace

Measurements

  • Lot Size Dimensions: 58
  • Lot Size Units: SquareFeet

Financial

Other

  • Land Lease: Yes

Interior

Measurements

  • Living Area: 1,152
  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 2
  • Rooms Total: 5

Other

Location

  • City Region: Manhattan
  • Subdivision Name: Kips Bay
  • Tax Block: 00905
  • Tax Lot: 0035

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Laundry Features: Common Area, In Unit

Based on information from Real Estate Board of New York and/or other sources. 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 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.