242 East 25th Street is Condop building meaning that it has a co-op structure but with condo by-laws. Having condo by-laws means that it is investor friendly, no board interview is required, more flexible purchasing requirements, pied a terres allowed, pet friendly.
It is a part time doorman building. Doorman are available 7 days a week, 8am-Midnight. There is a live in super, a fitness room on the lobby level, roof top deck with terrific Nothern views of the Empire State building, laundry room in the basement and storage cages also in the building.
242 East 25th St is strategically positioned as a very unique building in the Kips Bay Neighborhood. There are very few buildings in the Kips Bay Neighborhood that have been built new construction like 242 East 25th Street. Originally built and completed in 2006 by the architect firm Stephen B. Jacobs Group. Apartments were thoughtfully designed with floor to ceiling windows, washer/dryers in every apartment, with most apartments having open kitchens, and generous layouts.
242 East 25th St is a boutique building with only 54 apartments and it is a total of 13 floors. Typically only 4-5 apartments per floor creates a quiet environment but with everything you'd expect from a luxury building.
An attractive element of the building is it's proximity to multiple destinations including the School of Visual Arts, NYU, multiple medical centers, subways and bus routes, Baruch College-CUNY, and Jimmy's House.
Pricing for apartments at 242 East 25th Street:
Alcove Studio's Range from $400,000-$470,000
One Bedroom's Range from $540,000-$600,000
Two Bedroom's Range from $850,000-$950,000
Keep in mind that this price list is a guide, individual apartment pricing depends heavily on the floor the apartment is found, the exposure and if any outdoor space is available. We have sold multiple units in this building soif you'd like a specific market analysis please call us at (917) 837-8869.