NOT LISTED FOR SALE

Estimated Value: $748,000 - $764,639

2 Beds
2 Baths
984 Sq Ft
$769/Sq Ft Est. Value

Last Sold June 24, 2024

Last sale price $780,000 $793 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $8,579/month

63 Days on Market

Highlights

  • Rooftop Deck
  • Views
  • High-Rise Condominium
  • P.S. 116 Mary Lindley Murray Rated A-
  • South Facing Home
  • 3-minute walk to Bellevue South Park

About This Home

As of June 2024

Seller is offering a $24,000 incentive to purchaser at closing!!!

Meticulously designed for elegant living and entertaining, this sunny two-bedroom, two-bathroom home boasts gorgeous garden views and chic interiors in an amenity-rich Kips Bay condop.

The spacious and bright showplace invites you inside with oversized south-facing windows, high ceilings and stunning wide-plank, white European, hardwood floors. The gracious foyer opens to an expansive living room overlooking lush gardens at the quiet rear of the building. Chefs will adore the spectacular open kitchen where custom wood and lacquer cabinetry boasts marble countertops and backsplashes and modern lighting. Upscale stainless-steel appliances include a Fisher & Paykel refrigerator and a gas range, dishwasher, and microwave all by Viking.

Enjoy casual dining at the wide breakfast bar or reach for your favorite vintage in the architectural built-in "wine wall". Flanked by a convenient closet, the adjacent dining room easily accommodates work from home needs by day and lavish dinner parties by night. Enjoy serene garden views in the primary bedroom featuring a custom step-in closet and an en suite bathroom, featuring a glassed-in tub/shower, a wide illuminated medicine cabinet and roomy vanity by Duravit, surrounded by large-format tile and contemporary Hansgrohe fixtures. The desirable split layout places the secondary bedroom on the opposite side of the living room, within easy reach of the full guest bathroom, again, outfitted with Duravit and Hansgrohe finishes. Additional closet space, central HVAC and an in-unit Bosch washer and dryer complete this outstanding Kips Bay residence.

Built in 2005, 242 East 25th Street is a contemporary, pet-friendly condop building where residents enjoy part-time doorman service, live-in superintendent, video intercom, a fitness center, storage, a bike room, laundry on every floor and a glorious rooftop terrace with panoramic views.

This fantastic Kips Bay home enjoys immediate proximity to NoMad, the Flatiron District, Chelsea, Midtown and Gramercy. The Kips Bay AMC theater, Trader Joe's, Target, and Fairway are nearby, and the wonderful outdoor space of Madison Square, Union Square and Stuyvesant Square parks is just minutes away. Transportation is excellent with 6, N/R/W and L trains, excellent bus service and CitiBikes all within easy reach.

Last Listed By

Kelly Scher

Corcoran Group License #30ZI0937376 Listed on: 03/04/2024

Corcoran Group

Property Details

Home Type

  • Condo-Op

Year Built

  • Built in 2004

Lot Details

  • South Facing Home
  • Land Lease

HOA Fees

  • $3,601 Monthly HOA Fees

Home Design

  • 984 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer Hookup

Utilities

  • No Cooling

Additional Features

  • Property Views

Listing and Financial Details

  • Legal Lot and Block 0035 / 00905

Community Details

Overview

  • 54 Units
  • High-Rise Condominium
  • Kips Subdivision
  • 13-Story Property

Amenities

  • Rooftop Deck

Property Details

Home Type

Condo-Op

Year Built

Built in 2004

Lot Details

0

HOA Fees

$3,601 per month

Listing Details

  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: KIPS
  • Entry Level: 2
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • Pets No Pets Comments: Pets Allowed,Building Pets Allowed Comments:Pets Allowed
  • Special Features: None
  • Property Sub Type: Coop
  • Stories: 13

Interior Features

  • Fireplace: No
  • Living Area: 984.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Exterior Features

  • View: Other
  • View: Yes
  • Exterior Features: Building Roof Deck, None
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Other, Washer Hookup, In Unit
  • Green Building Features: Green Building
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 3601.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condop
  • ResoAssociationFeeFrequency: Monthly

Rental Info

  • Land Lease: Yes

Building Info

  • New Construction: No
  • Units: 54
  • Total Stories: 13
  • Year Built: 2004

Tax Info

  • Tax Block: 00905
  • Tax Lot: 0035

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2024 06/24/24 Sold $780,000 -8.1% $793 / Sq Ft
05/08/2024 05/08/24 Pending -- -- --
03/05/2024 03/05/24 For Sale $849,000 -- $863 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Similar Homes in New York, NY

  • 67 Park Ave Unit 1-A, New York, NY 10016

    $849,000

    • 1 Bed
    • 1 Bath
    • 67 Park Ave
    • Unit 1-A
    • New York, NY

    MEDICAL MAISONETTE w PRIVATE PARK AVENUE ENTRY Rare Park Avenue Medical Maisonette for Sale Forget that old-school side entrance practitioner''s office of the past-Unit 1A at 67 Park Avenue is a fully renovated, modern medical-use maisonette in a prestigious Park Avenue location. This unique space blends form and function, with luxury upgrades throughout: Perla windows,

    Adam Schneider Corcoran Group

    Section Image
  • 10 Mitchell Place Unit 3-D, New York, NY 10017

    $630,000

    • 1 Bed
    • 1 Bath
    • 10 Mitchell Place
    • Unit 3-D
    • New York, NY

    From the moment you enter this charming one-bedroom residence, you will feel at home. A gracious foyer opens into the living room, featuring a stunning marble-clad wood-burning fireplace that provides an easy flow for entertaining and enjoys serene garden views. The newly renovated windowed kitchen boasts ample custom cabinetry, Caesarstone countertops and backsplash, an

    Wesley Stanton Douglas Elliman Real Estate

    Section Image
  • 434 E 52nd St Unit 2D, New York, NY 10022

    $785,000

    • 1 Bed
    • 1 Bath
    • 434 E 52nd St
    • Unit 2D
    • New York, NY

    Introducing residence 2D, a prewar home exuding elegance and sophistication, nestled within one of NYC's finest cooperatives. This south-facing gem offers stunning views of the rear Southgate gardens and features exquisite renovations, including refinished original hardwood floors, a grand and intricately detailed living room with a beamed ceiling, four closets (two of which are walk-in), a

    Dylan Hoffman Compass

    Section Image
  • 434 E 52nd St Unit 2D, New York, NY 10022

    $785,000

    • 1 Bed
    • 1 Bath
    • 434 E 52nd St
    • Unit 2D
    • New York, NY

    Introducing residence 2D, a prewar home exuding elegance and sophistication, nestled within one of NYC's finest cooperatives. This south-facing gem offers stunning views of the rear Southgate gardens and features exquisite renovations, including refinished original hardwood floors, a grand and intricately detailed living room with a beamed ceiling, four closets (two of which are walk-in), a

    Dylan Hoffman Compass

    Section Image
  • 220 E 57th St Unit 12D, New York, NY 10022

    $600,000

    • 1 Bed
    • 1 Bath
    • 220 E 57th St
    • Unit 12D
    • New York, NY

    -Co-op -Full-time doorman -Unlimited subletting after one year with board approval Sutton Place charm awaits in this expansive one-bedroom, one-bathroom co-op featuring generous proportions, oversized windows and a wonderfully central location in a full-service, building. A gracious foyer flanked by three roomy closets makes a warm welcome in this surprisingly spacious home. Ahead, the

    Dylan Hoffman Compass

    Section Image
  • 504 Grand St Unit D 51, New York, NY 10002

    $615,000

    • 1 Bed
    • 1 Bath
    • 600 Sq Ft
    • 504 Grand St
    • Unit D 51
    • New York, NY

    **All showings – including Sunday Open Houses – are by appointment only. If you are working with another agent, that agent needs to reach out to make the appointment and is required to be present.**Spacious, 1-bedroom fifth-floor apartment in a beautiful pre-war, art deco inspired building. Original in structure, the unit’s pre-war detailing features hardwood floors, styled moldings, 9’ high

    Jacob Goldman LoHo Realty Inc

    Section Image
  • 415 Grand St Unit E908, New York, NY 10002

    $795,000

    • 1 Bed
    • 1 Bath
    • 800 Sq Ft
    • 415 Grand St
    • Unit E908
    • New York, NY

    **All showings – including Sunday Open Houses – are by appointment only. If you are working with another agent, that agent needs to reach out to make the appointment and is required to be present.**Beautifully renovated one bedroom featuring an abundance of light and your very own private outdoor space! An open concept, the apartment opens to a very large entry/foyer which can easily be used as a

    Jacob Goldman LoHo Realty Inc

    Section Image
  • 570 Grand St Unit H1504, New York, NY 10002

    $565,000

    • 1 Bed
    • 1 Bath
    • 750 Sq Ft
    • 570 Grand St
    • Unit H1504
    • New York, NY

    **All showings - including Sunday Open Houses - are by appointment only. If you are working with another agent, that agent needs to reach out to make the appointment and is required to be present.**Light is abundant in this large one-bedroom apartment, featuring a private balcony and views of the Williamsburg Bridge, East River and Manhattan’s uptown skyline! Light floods into the spacious living

    Jacob Goldman LoHo Realty Inc

    Section Image
  • 568 Grand St Unit J2004, New York, NY 10002

    $849,000

    • 1 Bed
    • 1 Bath
    • 568 Grand St
    • Unit J2004
    • New York, NY

    TOP FLOOR TERRACE + VIEWS!!! Breathtaking river and city views from this beautifully renovated 1BR/Terrace! Enter to an expansive space with a wall of east facing windows (includes a huge picture window) opening to your own private outdoor space. This home has an excellent flow from entry foyer to main living and dining alcove. Windowed kitchen in sleek and stylish stainless with brand

    Neal Young Brown Harris Stevens Residential Sales LLC

    Section Image

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10973351

Real Estate Board of New York (REBNY)

APN: 00905-00352A