Total Est. Monthly Carrying Cost:
$11,463 ($9.95/ft2)
Note: the above is based on a down payment of 20% ($245,000),
which is the minimum amount permitted by the building.
Description
Conveniently located with easy access to Madison Square Park, Flatiron, and Union square - this large split two-bedroom home features a private terrace and iconic views West and North including the Empire State Building, Chrysler Bldg, NY Life Bldg, and Credit Suisse Clock Tower from all rooms.
An expansive living/dining room is adjacent to the open stainless kitchen featuring granite countertops, glass tile backsplash, a breakfast bar, and abundant counter and cabinet space making this the ideal setting for cooking and entertaining.
The main bedroom includes two custom California Closets and an en-suite bathroom is fitted with glass tiles, an oversized shower head, and Restoration Hardware fixtures. The second bedroom is well-proportion and features a custom California closet. There is an abundance of storage throughout this home plus a bonus washer/dryer!
242 East 25th Street is a 13-story Condop building in the Kips Bay neighborhood of Manhattan.
Built in 2005 and designed by architect Stephen B. Jacobs, the building is nestled between Third and Second Avenues and is comprised of 54 residential units ranging in size from studios to two bedrooms. The building offers residents a fitness center, rooftop terrace, bike room, and laundry room on every floor as well as private storage for rent. The building has a part-time doorman (Shifts from 8am-4pm and 4pm to 12am 7 days/week) with the added security of a video intercom system.
1% Flip Tax Payable by Seller and the Groundlease is expiring July 31st, 2102.
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