242 East 25th Street, Unit 3D

$465,000
Price
Studio
Beds
1
Bath
525 Sq. Ft.
$886 / Sq. Ft.
525
Sq. Ft.
$886
per Sq. Ft.

Description

One year of maintenance paid by seller! Unbeatable Price for this Alcove studio in a full-service Condop, with in-unit washer-dryer! Investor-friendly , this gem can be used as an investment property, Pied-a-Terre or Main Residence. Co-Purchasers and IMMEDIATE subletting are permitted! Uncover a home of comfort and convenience at this exquisite unit in the heart of Gramercy Park. Impressively situated at 242 East 25th Street, nestled at the border of Gramercy and Kips Bay, Unit 3D is a hidden gem...One year of maintenance paid by seller! Unbeatable Price for this Alcove studio in a full-service Condop, with in-unit washer-dryer! Investor-friendly , this gem can be used as an investment property, Pied-a-Terre or Main Residence. Co-Purchasers and IMMEDIATE subletting are permitted! Uncover a home of comfort and convenience at this exquisite unit in the heart of Gramercy Park. Impressively situated at 242 East 25th Street, nestled at the border of Gramercy and Kips Bay, Unit 3D is a hidden gem that integrates high-quality features, affordability, and luxury in one unique, spacious design. Designed to please, this charming unit (can be easily converted to a one bedroom) is draped in light, courtesy of the oversized, newly installed windows. With a pet-friendly policy, your furry friends are more than welcome to enjoy the stylishly comfortable premises that make living a joy. Inside, you will be captivated by the exceptional condition of the unit, reflecting masterful attention to detail. From the sleek, traditional style kitchen featuring a breakfast bar and top-tier essentials, generous closet space to the upscale bathroom, everything about this home nervously whispers 'elegance'. Amenities? The building boasts a part-time doorman on the staff, ensuring extra peace of mind, a private gym, a live-in superintendent, and breathtaking views of New York City from the Rooftop. In addition to the compelling interiors, the strategic location is another selling point. Gramercy Park is a neighborhood filled with the vibrancy of local attractions such as parks, entertainment venues, and eateries. The property is also conveniently located among a bustling neighborhood with many restaurants and entertainment options within easy access to Madison Square Park, Flatiron and Union Square. This prime location is also just a short walk from the 6, N, and R subway lines. This impeccably styled 2-room paradise is an opportunity to own a piece of New York's coveted real estate. There is extra storage option (wait list) and the Condop operates under CONDO like rules, requiring NO board interview! Please get in touch today to arrange a viewing and experience firsthand the elegance and prestige offered by this splendid Gramercy Park retreat. This opportunity is not to be missed!

Property Details for 242 East 25th Street, Unit 3D

Zoning
C1-8A
View
City

Open Houses

Sunday, Apr 28th

12:00 PM - 2:00 PM

PublicView Details

Location

Listing Courtesy of Douglas Elliman Real Estate
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LISTING UPDATED: 03/22/2024 12:48 PM

Property Details for 242 East 25th Street, Unit 3D

StatusActive
MLS IDRPLU-5122655656
Days on Market226
Taxes$1 / month
Maintenance$2,210 / month
Min. Down Pymt10%
Total Rooms2.5
Compass TypeCondop
MLS TypeCondop
Year Built2004
CountyNew York County

Building

242 East 25th Street

54 Units13 StoriesBuilt in 2004

Location

Listing Courtesy of Douglas Elliman Real Estate
Add your commute

Virtual Tour

Building Information for 242 East 25th Street, Unit 3D

Building/Complex242 East 25th StreetFloor3Stories13Residences54Pet PolicyAllowedYear Built2004Building AgePost-warBuilding TypeMidrise

Payment Calculator

$5,066 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,855

Property Taxes

$1

Maintenance/Common Charges

$2,210

The Payment Calculator is for illustrative purposes only.

Property Information for 242 East 25th Street, Unit 3D

Summary
Location and General Information
  • Subdivision Name: KIPS
  • Stories Total: 13
  • Garage Spaces: 0.0
  • View: Yes
Taxes and HOA
  • Tax Lot: 0000
  • Tax Deduction Percent: 27.00%
  • Tax Block: 00905
  • Association Fee Frequency: Monthly
  • Flip Tax: $0
  • Building Tax Lot: 0035
  • Tax Monthly Amount: 1.0
  • Tax Abatement YN: false
Parking
  • Garage: No
  • Garage Spaces Assigned YN: false
Virtual Tour
Property
Lot Information
  • Living Area: 525.0
  • Living Area Units: SquareFeet
Building Information
  • Landmark Status YN: false
  • Building Smoke Free YN: true
  • Building Exterior Features: BuildingRoofDeck
  • Building Laundry Features: Other
  • Building Pets Allowed: BuildingYes
  • Building Pets Allowed Comments: Pets Allowed
  • Capital Reserves YN: false
  • Green Building YN: true
Property and Assessments
  • New Development: No
  • Building Rules: PiedATerreAllowed
  • Sponsor Unit: No
  • Certificate Of Occupancy: Yes
  • Percent Of Common Elements: .00%
  • Common Interest: Condop
  • Number Of Shares: 0
  • New Construction: No
  • Structure Type: HighRise
Interior and Exterior Features
Exterior Features
  • Basement: Other
  • Exterior Features: None
  • Patio And Porch Features: Deck
Interior Features
  • Entry Level: 3
  • Fireplace: No
  • Kitchen Condition: Excellent
  • Floor Number: 3
  • Basement: No
  • Cooling: No
  • Laundry Features: WasherHookup, InUnit
  • Bathroom Condition: Excellent
  • ElevatorsTotal: 2
Multi Family
Multi-Family Information
  • Unit Line: D
  • Number Of Units Total: 54
Rental
Rental Information
  • Pets Allowed: UnitYes
  • Delivered Vacant: Yes
  • Attendance Type: VideoDoormanPartTime
  • Land Lease Expiration Date: 07-01-2102
  • Land Lease: Yes
  • Pets Allowed Comments: Pets Allowed

Property History for 242 East 25th Street, Unit 3D

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 242 East 25th Street, Unit 3D

Taxable ValueLand-Additions-Total-
Home Facts
APN1009050035

Schools near 242 East 25th Street, Unit 3D

This home is within New York City Geographic District # 2.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 6 to 8
Public - 6 to 8
Rating
School
Distance
P.S. 116 Mary Lindley Murray
PublicPK to 5

Nyc Lab Ms For Collaborative Studies
Public6 to 8

Lower Manhattan Community Middle School
Public6 to 8

Jhs 104 Simon Baruch
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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242 East 25th Street, Unit 3D is a condop for sale in Kips Bay. This property was listed for sale on September 15, 2023 by Douglas Elliman Real Estate, it's currently listed at $465,000. It has been on the market for a total of 226 days and was last sold on April 25, 2013. This listing's school district is New York City Geographic District # 2. Nearby schools include P.S. 116 Mary Lindley Murray, Nyc Lab Ms For Collaborative Studies and Lower Manhattan Community Middle School. 242 East 25th Street, Unit 3D is a 0-bed, 1-bath, 525 sqft condop built in 2004.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Douglas Elliman Real Estate

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY 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. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.