--- title: "242 East 25th Street #2D, New York City, NY 10010" description: "242 East 25th Street #2D, New York City, NY 10010 — Kips Bay, New York City, NY. Listing Price $325,000. Studio bed, 1 bath, 525 sqft Illustrative Buyer Commission Share of $4,875 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10010/242-east-25th-street-2d-ny-10010" source: "Real Estate Rebate Team" dateModified: "2026-09-08T17:22:34.275Z" status: "Active" --- # 242 East 25th Street #2D, New York City, NY 10010 Kips Bay, New York City, NY Courtesy of Compass Last updated: September 8, 2026, 1:22 PM ## At a Glance - **Listing Price**: $325,000 - **Beds**: Studio - **Baths**: 1 - **Sqft**: 525 - **Common Charges**: $2,621 / mo - **Price per Sqft**: $619 - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $325,000 - **Illustrative Buyer Commission Share**: -$4,875* - **Illustrative Net Cost**: $320,125 *Illustrative Buyer Savings of $4,875 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (7) ![242 East 25th Street #2D, New York City, NY 10010 — photo 1 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/873ddf25-17d8-42bb-83fd-8e12675d340b.jpg) ![242 East 25th Street #2D, New York City, NY 10010 — photo 2 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3381311b-0ba8-4e29-b63a-8fa2f610aaf4.jpg) ![242 East 25th Street #2D, New York City, NY 10010 — photo 3 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/780176ac-442c-46fc-92f8-6cb483d10ed9.png) ![242 East 25th Street #2D, New York City, NY 10010 — photo 4 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0b2c902e-f64b-44db-9e37-3d84dbdd3f1f.jpg) ![242 East 25th Street #2D, New York City, NY 10010 — photo 5 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4d4021b9-9cd1-4789-bf71-510b7424471c.jpg) ![242 East 25th Street #2D, New York City, NY 10010 — photo 6 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/20847090-8a15-416b-a0c7-2ce41f942015.jpg) ![242 East 25th Street #2D, New York City, NY 10010 — photo 7 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4aeab014-91f8-4e82-a0fb-049ddc9f6767.jpg) ## Property Overview Spacious Alcove Studio with Rare In-Unit Washer/Dryer! Discover the perfect Manhattan retreat in Kips Bay! This alcove studio is in mint condition featuring: - Open Kitchen with stainless steel appliances, granite counters and ample cabinets: A chef's dream. - Abundant Closet Space: Stay organized effortlessly. - In-Unit Washer/Dryer: A rare amenity in Manhattan, esp. in a studio. - Tranquil North-Facing Views thru floor to ceiling windows: Enjoy abundant light and tree-top vistas. Residents have access to a range of amenities, including a fitness center, rooftop terrace with panoramic views, live-in super and a part-time doorman (8AM-midnight), ensuring both convenience and security. The building operates like a condo allowing investors, guarantors, pied-a-terres, parents buying with/for children and pets. Perfectly located near Gramercy, NoMad and Flatiron with easy access to the 6 train, M23 bus, great dining, and shopping. An incredible value where similar units in the area go for over $200,000 more. Don't miss out on this great opportunity to own a piece of Manhattan luxury at an affordable price. Contact us today! ## Property Details - **Property Type**: Co-op - **Baths**: 1 - **Rooms**: 2 - **Sqft**: 525 sqft - **Stories**: 13 - **Year Built**: 2004 - **Price per Sqft**: $619 - **Common Charges**: $2,620.75 / Monthly - **Listed On**: Sep 8, 2026 - **Days on Market**: 1 Days ### Residence Features - Central Air - Central - Building Washer Dryer Install Allowed - Building Multiple Locations - Common On Floor - Common Area - In Unit - Building Roof Deck - Breakfast Bar - Kitchen Island - Walk-In Closet(s) - Dryer - Dishwasher - Washer - Hardwood - Double Pane Windows ## Sales Evidence ### Recent closed sales 14 apartments at 242 East 25th Street have recorded sales since September 2021, the most recent for $625,000 in May 2026. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | 4A (Apartment) | 2 | 984 | $625,000 | $635/ft² | May 28, 2026 | City record · MLS | | 12B (Apartment) | 2 | 1,152 | $775,000 | $673/ft² | March 16, 2026 | City record | | 7C (Apartment) | 1 | — | $320,000 | — | January 20, 2026 | City record · MLS | | 3E (Apartment) | 1 | 600 | $326,000 | $543/ft² | September 17, 2025 | City record | | 5E (Apartment) | Studio | 600 | $325,000 | $542/ft² | July 9, 2025 | City record | | 9B (Apartment) | 1 | 712 | $350,000 | $492/ft² | June 3, 2025 | City record · MLS | | 10A (Apartment) | 1 | 720 | $385,000 | $535/ft² | September 20, 2024 | City record · MLS | | 2A (Apartment) | 2 | 984 | $780,000 | $793/ft² | June 21, 2024 | City record · MLS | | 9A (Apartment) | 2 | 984 | $500,000 | $508/ft² | April 25, 2024 | City record · MLS | | PHA (Apartment) | 2 | 1,150 | $950,000 | $826/ft² | February 12, 2024 | City record · MLS | | 6-B (Apartment) | 1 | 712 | $535,000 | $751/ft² | May 4, 2023 | City record · MLS | | 3B (Apartment) | 1 | 712 | $575,000 | $808/ft² | October 4, 2022 | City record · MLS | | 1-B (Apartment) | 1 | 712 | $700,000 | $983/ft² | February 7, 2022 | City record · MLS | | 7-A (Apartment) | 2 | — | $888,000 | — | November 8, 2021 | City record · MLS | Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below. ### How this price compares The median closed price for comparable co-op studio sales in Kips Bay is $430,000, based on 47 sales between October 2024 and July 2026. This home is asking $325,000, $105,000 below that median. The middle half of those sales closed between $364,500 and $480,000. - **Median closed price**: $430,000 - **Middle half**: $364,500 – $480,000 - **Based on**: 47 co-op studio sales in Kips Bay - **Period**: October 2024 – July 2026 Square footage is recorded for only 18 of these 47 sales (38%), so no price per square foot is shown for this group. Co-op sales rarely carry a floor area, and a figure drawn from a handful of them would not describe the rest. Across the 44 of these sales with a published asking price, the median closed at 94.6% of what it originally asked. 82% of them closed below the original ask. This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Kips Bay instead. ### How these sales were negotiated - **Sold vs original ask**: 94.6% of the original ask - **Closed below ask**: 82% of 44 sales - **Listed → in contract**: 143 days (about 20 weeks) - **In contract → closed**: 81 days (about 12 weeks) Across the 44 of these sales with a published asking price, the median closed at 94.6% of what it originally asked. 82% of them closed below the original ask. Half of these homes were in contract within 143 days (about 20 weeks) of coming to market, based on the 44 with a recorded listing date. Once a deal was agreed, closing took a further 81 days (about 12 weeks), based on the 41 with both dates recorded. A co-op board package and its interview account for much of that. These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure. Based on 47 co-op studio sales in Kips Bay, October 2024 – July 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ. ### Price trend Median sold price for co-op studio sales in Kips Bay, 2017 to 2026. The series is held to one bedroom count and one ownership type for the same reason: an unfiltered median tracks which apartments sold, not what they were worth. | Year | Median sold price | Sales | | --- | --- | --- | | 2017 | $542,500 | 22 | | 2018 | $499,900 | 25 | | 2019 | $430,000 | 23 | | 2020 | $500,000 | 15 | | 2021 | $460,000 | 34 | | 2022 | $462,500 | 30 | | 2023 | $407,500 | 19 | | 2024 | $495,000 | 19 | | 2025 | $412,500 | 28 | | 2026 | $475,000 | 14 | This building does not have enough sales with a recorded floor area to chart its own price per square foot, which is usual for a co-op. The series above follows comparable homes across Kips Bay instead. Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. [See every recorded sale at 242 East 25th Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/242-east-25th-street) ## Property Taxes This apartment is part of a co-op that is taxed as one lot shared across 54 apartments. The corporation’s 2026 property tax bill was $771,102 for the whole building. Shareholders cover it through their monthly maintenance rather than a separate bill for this unit. [See the full property tax history for 242 East 25th Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/242-east-25th-street) [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### 242 East 25th Street Kips Bay · Stock Cooperative 242 East 25th Street, New York, NY 10010 A building in Kips Bay, currently featuring 4 active listings. - **Year Built**: 2004 - **Total Units**: 4 - **Floors**: 13 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/242-east-25th-street) ### Available Residences — For Sale (4) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [2D](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10010/242-east-25th-street-2d-ny-10010) | Studio | 1 | 525 sqft | $619 | $325,000 | Compass | Sep 8, 2026 | 1 days | | [3A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10010/242-east-25th-street-a-3A-ny-10010) | 2 | 2 | 984 sqft | $605 | $595,000 (-8.5%) | Compass | Feb 3, 2026 | 218 days | | [6A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10010/242-east-25th-street-a-6A-ny-10010) | 2 | 2 | — | — | $670,000 | Douglas Elliman Real Estate | May 7, 2026 | 125 days | | [9E](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10010/242-east-25th-street-9e-ny-10010) | 1 | 1 | 556 sqft | $646 | $359,000 | Compass | May 29, 2026 | 103 days | ## Estimated Monthly Payment **$4,264 / month**, assuming a 20% down payment ($65,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $1,643 - **Common Charges**: $2,621 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Kips Bay Medical Mile & Value [Explore Kips Bay](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/kips-bay) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Kips Bay - [Murray Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/murray-hill) - [Gramercy real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/gramercy) - [Flatiron District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/flatiron-district) - [Stuyvesant Town real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/stuyvesant-town) - [Midtown real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/midtown) - [East Village real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/east-village) ## Related Links - [242 East 25th Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/242-east-25th-street) - [Kips Bay neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/kips-bay) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > RLS IDX Data display by Real Estate Rebate Team. 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. > 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 and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.