--- title: "242 East 25th Street #9E, New York City, NY 10010" description: "242 East 25th Street #9E, New York City, NY 10010 — Kips Bay, New York City, NY. Listing Price $359,000. 1 bed, 1 bath, 556 sqft Illustrative Buyer Commission Share of $5,385 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/10010/242-east-25th-street-e-9E-ny-10010" source: "Real Estate Rebate Team" dateModified: "2026-08-31T04:12:32.431Z" status: "Active" --- # 242 East 25th Street #9E, New York City, NY 10010 Kips Bay, New York City, NY Courtesy of Compass Last updated: August 31, 2026, 12:12 AM ## At a Glance - **Listing Price**: $359,000 - **Beds**: 1 - **Baths**: 1 - **Sqft**: 556 - **Common Charges**: $3,249 / mo - **Price per Sqft**: $646 - **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**: $359,000 - **Illustrative Buyer Commission Share**: -$5,385* - **Illustrative Net Cost**: $353,615 *Illustrative Buyer Savings of $5,385 — 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 #9E, New York City, NY 10010 — photo 1 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/01299e0c-25c7-4e08-b0b9-50e496c1cc90.jpg) ![242 East 25th Street #9E, New York City, NY 10010 — photo 2 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/bb011146-54b0-48fe-8ace-a1245812d3a1.jpg) ![242 East 25th Street #9E, New York City, NY 10010 — photo 3 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6d1d59bc-e34f-4a3c-9716-097ecc6af272.jpg) ![242 East 25th Street #9E, New York City, NY 10010 — photo 4 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5854b269-5129-4f60-9a75-2fb2ee67e239.jpg) ![242 East 25th Street #9E, New York City, NY 10010 — photo 5 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c852b074-2ea8-4ead-8161-204c0aa743d5.jpg) ![242 East 25th Street #9E, New York City, NY 10010 — photo 6 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/729500f4-4806-4dc8-86e9-4225650c1586.jpg) ![242 East 25th Street #9E, New York City, NY 10010 — photo 7 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/921707cf-28e6-4b92-9167-104b712f75f1.jpg) ## Property Overview With the Empire State Building literally framed in your window, Apartment 9E at 242 East 25th Street delivers one of Manhattan's most iconic backdrops alongside a sun-filled, south-facing home with modern comforts. This condop with condo rules permits investors, co-purchasers, guarantors, pieds-à-terre, pets, and immediate subletting. The gracious living room is flooded with natural light and offers generous space for both lounging and entertaining. The kitchen, featuring a breakfast bar and stainless steel appliances, opens directly to the living area, creating an easy flow ideal for everyday living and hosting alike. The private sleeping area is thoughtfully separated from the main living space and features a walk-in closet (7'7" x 7'7") — an exceptional storage amenity rarely found in this price range. An in-unit washer/dryer adds to the convenience as well as a brand new central A/C unit. Building amenities include a live-in superintendent, part-time doorman (8:00 a.m.–12:00 a.m.), a common roof deck with panoramic Manhattan skyline views (including the Empire State and Chrysler Buildings), a large windowed fitness center directly off the lobby, storage (for rent), bike storage, and a common laundry room. Conveniently located near the 6, N and R trains, Madison Square Park and the finest amenties Kips Bay and Gramercy have to offer. **Please note the rooms currently configured and/or marketed as bedrooms in this apartment do not meet the legal requirements for bedrooms under applicable New York City building and housing codes. Legally a studio unit. ## Property Details - **Property Type**: Co-op - **Beds**: 1 - **Baths**: 1 - **Rooms**: 3 - **Sqft**: 556 sqft - **Stories**: 13 - **Year Built**: 2004 - **Price per Sqft**: $646 - **Common Charges**: $3,248.79 / Monthly - **Listed On**: May 29, 2026 - **Days on Market**: 102 Days ### Residence Features - Central Air - Building Washer Dryer Install Allowed - Building Multiple Locations - Common On Floor - Common Area - In Unit - Building Roof Deck - Breakfast Bar - Walk-In Closet(s) - Dryer - Dishwasher - Stainless Steel Appliance(s) - Washer - Hardwood - Security System ## 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 one-bedroom sales at 242 East 25th Street is $385,000, based on 7 sales between February 2022 and January 2026. This home is asking $359,000, $26,000 below that median. The middle half of those sales closed between $338,000 and $555,000. - **Median closed price**: $385,000 - **Middle half**: $338,000 – $555,000 - **Based on**: 7 one-bedroom sales at 242 East 25th Street - **Period**: February 2022 – January 2026 - **Median $/ft²**: $647/ft² Across the 4 of these sales with a published asking price, the median closed at 95% of what it originally asked. 100% of them closed below the original ask. ### How these sales were negotiated - **Sold vs original ask**: 95% of the original ask - **Closed below ask**: 100% of 4 sales - **Listed → in contract**: 118 days (about 17 weeks) - **In contract → closed**: 41 days (about 6 weeks) Across the 4 of these sales with a published asking price, the median closed at 95% of what it originally asked. 100% of them closed below the original ask. Half of these homes were in contract within 118 days (about 17 weeks) of coming to market, based on the 4 with a recorded listing date. Once a deal was agreed, closing took a further 41 days (about 6 weeks), based on the 4 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 7 one-bedroom sales at 242 East 25th Street, February 2022 – January 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 one-bedroom sales in Kips Bay, 2016 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 | | --- | --- | --- | | 2016 | $607,000 | 10 | | 2017 | $675,250 | 36 | | 2018 | $693,500 | 34 | | 2019 | $657,500 | 30 | | 2020 | $635,000 | 34 | | 2021 | $585,000 | 68 | | 2022 | $672,500 | 62 | | 2023 | $663,750 | 36 | | 2024 | $590,000 | 58 | | 2025 | $620,000 | 47 | | 2026 | $599,000 | 22 | 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 · Condop 242 East 25th Street, New York, NY 10010 A building in Kips Bay, currently featuring 3 active listings. - **Year Built**: 2004 - **Total Units**: 3 - **Floors**: 13 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/242-east-25th-street) ### Available Residences — For Sale (3) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [9E](https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/10010/242-east-25th-street-e-9E-ny-10010) | 1 | 1 | 556 sqft | $646 | $359,000 | Compass | May 29, 2026 | 102 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 | 217 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 | 124 days | ## Estimated Monthly Payment **$5,064 / month**, assuming a 20% down payment ($71,800), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $1,815 - **Common Charges**: $3,249 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.