7 months on rocket

242 E 25th St Unit 3D, New York City, NY, 10010

$465,000

Home List Price

$5,522*

Closing Credit

1 Full Bath
525 SqFt
$886/SqFt
Condo
Schools Nearby

Location

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242 E 25th St Unit 3D, New York$465,000

Buyer Closing Credits

$5,522*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
Year Built2004
ViewCity
MLS #RPLU-5122655656
StatusActive

About 242 E 25th St Unit 3D

ONE YEAR OF MAINTENANCE PAID BY SELLER!<br>Unbeatable Price for this Alcove studio in a full-service Condop, with in-unit washer-dryer!<br>Investor-friendly , this gem can be used as an investment property, Pied-a-Terre or Main Residence. Co-Purchasers and IMMEDIATE subletting are permitted!<br><br>Uncover a home of comfort and convenience at this exquisite unit in the heart of Gramercy Park.<br>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.<br>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'.<br><br>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.<br>In addition to the compelling interiors, the strategic location is another selling point.<br><br>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.<br><br>This impeccably styled 2-room paradise is an opportunity to own a piece of New York's coveted real estate.<br>There is extra storage option (wait list) and the Condop operates under CONDO like rules, requiring NO board interview!<br><br>Please get in touch today to arrange a viewing and experience firsthand the elegance and prestige offered by this splendid Gramercy Park retreat.<br><br>This opportunity is not to be missed!

Property Details

Property Features

Property Information:

  • Year Built: 2004
  • Living Area: 525 SqFt

Listing Office:

  • Office Name: Douglas Elliman Real Estate
  • Office Phone: (212) 891-7000
  • Listing Agent: Patrick Ben Hayoun
  • Agent Phone: (917) 214-6888

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1

Exterior Features

Exterior Information:

  • View: City
  • Exterior: Building Roof Deck, None

Virtual/3D Tour

  • Virtual Tour: 242 E 25th St Unit 3D

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Price Information

Listing Price Info

Price Summary:

  • List Price: $465,000
  • Price Per SqFt: $886/SqFt

HOA Fees:

  • Amount: $2210
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in New York, NY.

Med. Sold Price

$845.4K

Med. Price/SqFt

$636

Avg. Days On Market

96

# of Sold Homes

1548

242 E 25th St Unit 3D vs New York

230 DAYS ON ROCKET

+134 Days

$465,000

-$380.4K Less

$886/SqFt

+$249 More

KEY TAKEAWAY

This property is $380.4K less than the Median Sold Price and $249/SqFt more than other homes in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #RPLU-5122655656

Listing Office:

  • Office Name: Douglas Elliman Real Estate
  • Office Phone: (212) 891-7000
  • Listing Agent: Patrick Ben Hayoun
  • Agent Phone: (917) 214-6888

IDX ©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.

Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 4/29/2024, 7:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$4,598

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,461

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2945797
10
/10
  • PS 40 Augustus Saint-Gaudens

  • 320 E 19th St

  • 0.30 miles

  • Public District Grades KG-5

school-card-donut-2945798
7
/10
  • PS 116 Mary Lindley Murray

  • 210 E 33rd St

  • 0.40 miles

  • Public District Grades KG-5

school-card-donut-2945799
9
/10
  • Success Academy Charter School-Union Square

  • 40 Irving Pl

  • 0.43 miles

  • Public Charter Grades KG-1

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $102,444. Residents of New York, NY typically earn between $100k-200k each year. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 242 E 25th St Unit 3D

What is the listing price of this property?

The listing price of 242 E 25th St Unit 3D property is $465,000.

What type of property is this?

The property 242 E 25th St Unit 3D is a condo located in New York City, New York, 10010.

Is this property for sale now?

Active Listing: 242 E 25th St Unit 3D is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 242 E 25th St Unit 3D has 1 bathroom..

What is the square footage of this property?

The property 242 E 25th St Unit 3D is 525 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 242 E 25th St Unit 3D is 2004.

Rocket HomesNew YorkNew York10010242 E 25th St Unit 3D

This home is located at 242 E 25th St Unit 3D in New York City, NY and zip code 10010 in the Kips Bay neighborhood. This 525 square foot home was built in 2004. Features: 1 bathroom. It has been listed on Rocket Homes since September 11, 2023 and is currently priced at $465,000.

In March 2024, from all listings sold in New York, NY there were more than 154 sold above asking price, over 748 sold below and more than 645 were sold right at the asked price. Between February 2024 and March 2024, New York, NY real estate market has seen increase in the number of listings by 3.7%. The median list price of listings available in March 2024 was $845,489, while the average time on the real estate market was 96 days.

From Rocket Homes Real Estate and based on county public records data.

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