Cooperative · 1960
The Liberty
311 East 25th Street, New York, NY 10010
Buildings·Gramercy·Cooperative

311 East 25th Street

311 East 25th Street, New York, NY 10010

CorridorGramercy
At a glance
Year built
1960
Type
Cooperative
Units
42
Floors
6
Landmark
No
Pets
Confirm with the board
Subletting
Permitted
Pied-à-terre
Allowed

311 East 25th Street — "The Liberty" — sits quiet mid-block between Second and First Avenues, on the border between Kips Bay and lower Gramercy. The building is a modest 1960 postwar brick elevator building, six stories, organized around a studio-and-one-bedroom inventory, owned by 311 East 25th Owners Corp.

The structural fact that organizes the buyer proposition at The Liberty is its unusually permissive board policy framework. Where most cooperatives restrict pied-à-terre use, subletting, or co-purchasing, The Liberty allows all three — a genuinely flexible structure for a co-op. That flexibility, paired with an accessible entry-into-mid-$400K price band, defines the building's position in the pocket.

For buyers, 311 East 25th Street represents a particular position in the Kips Bay / lower Gramercy market: an accessible postwar cooperative with rare policy flexibility, a live-in resident manager, and a quiet mid-block location walkable to the 6 train, Gramercy Park, Baruch College, and NYU Langone / Bellevue.

Architecture and unit composition

311 East 25th Street was built in 1960 as a modest postwar six-story brick elevator building. The exterior is restrained and utilitarian; the building makes its argument through policy flexibility and location rather than through architectural statement.

The building holds 42 residential units, organized around a studio-and-one-bedroom typology with some two-bedroom configurations. Apartments are compact and functional — the postwar layout idiom suited to the building's accessible price point. A live-in superintendent / resident manager handles day-to-day operations, and the building runs a voice intercom.

Building operations

311 East 25th Street operates as a cooperative — 311 East 25th Owners Corp. The building runs a voice intercom rather than a staffed lobby, alongside a live-in superintendent / resident manager who handles day-to-day operations. The elevator is the principal shared infrastructure. There is no doorman, no fitness center, no roof deck, and no listed laundry — a deliberately limited amenity program consistent with the building's scale and price point.

Maintenance and assessment specifics should be confirmed at the apartment level with the managing agent; building-level common-cost figures are not published in aggregated form.

The cooperative board's policy framework is unusually permissive for a co-op: pied-à-terre use is allowed, subletting is allowed, and co-purchasing is allowed — a genuinely flexible combination that most cooperatives restrict. The pet policy should be confirmed directly with the board. One structural note: the building carries an unusually high investor / rental share for a cooperative — buyers should review the owner-occupancy ratio and lender warrantability during due diligence, as a high rental share can affect financing availability. Confirm the current sublet policy, any associated fees, and the financing percentage required by the board with the managing agent.

What to know if you’re buying

The policy flexibility is the structural advantage. Pied-à-terre use, subletting, and co-purchasing are all allowed — an unusually permissive combination for a cooperative. Buyers who value the ability to sublet, co-purchase, or hold as a pied-à-terre should weigh this against the restrictions typical of the co-op form.

The high investor / rental share warrants due diligence. The building carries an unusually high investor / rental share for a cooperative. Buyers should review the owner-occupancy ratio and lender warrantability during due diligence, as a high rental share can affect financing availability and future resale. This is the single most consequential item to confirm before proceeding.

The compact inventory shapes the buyer profile. The Liberty is the right building for buyers seeking a Kips Bay / lower Gramercy address at a studio, one-bedroom, or two-bedroom scale and an accessible price point — not for buyers seeking larger configurations or a full amenity package.

There are no other material red flags. The building carries no land lease and is not an HDFC cooperative — the two structures that most commonly complicate financing and resale in entry-level Manhattan co-ops.

Verify the operational baseline at offer stage. The owner-occupancy ratio, lender warrantability, the financing percentage required by the board, monthly maintenance ranges by apartment line, and reserve fund status should all be confirmed with the building's managing agent and offering plan during due diligence.

What to know if you’re selling

Marketing should emphasize the policy flexibility and the location. An accessible postwar cooperative on the Kips Bay / lower Gramercy border, quiet mid-block, walkable to the 6 train, Gramercy Park, Baruch, and NYU Langone / Bellevue — these are the anchors. The permissive board policy framework (pied-à-terre, subletting, co-purchasing) is a genuine differentiator versus the neighborhood's more restrictive cooperatives.

The boutique scale is the value proposition, not a limitation. The buyer at The Liberty is choosing a smaller, less amenitized, lower-carrying-cost cooperative with unusual flexibility. Position the live-in resident manager and the policy framework as deliberate advantages.

Be prepared to address the rental share. Well-qualified buyers and their lenders will review the owner-occupancy ratio; sellers should be ready to speak to the building's warrantability posture and financing history.

Pricing requires apartment-level comparable analysis. Studios have held flat while one- and two-bedrooms have firmed; marketing should reference the most-recent closed comp on the specific apartment type being sold.

Closing timelines are cooperative-standard. Board approval is required; pacing typically runs 60–90 days from contract through approval to closing. The permissive policy framework broadens the buyer pool but does not change the closing pacing.

Comparable buildings

If you're considering 311 East 25th Street, also evaluate nearby Kips Bay / Gramercy postwar cooperatives — the pocket's other 1960s-vintage brick co-op inventory offering studio, one-bedroom, and two-bedroom layouts at accessible entry points. Compare on carrying costs, board policy flexibility, and owner-occupancy ratios rather than on amenity depth.

The Roebling Team at The Liberty

The Roebling Team at Compass works the Kips Bay and lower Gramercy pockets as part of our broader Manhattan practice. We publish this building profile because buyers and sellers of entry-level postwar cooperatives deserve building-specific intelligence — policy framework, warrantability considerations, and comparable analysis — not generic neighborhood commentary.

If you're considering a purchase or sale at 311 East 25th Street, a 30-minute consultation is the right starting point.

The neighborhood

For the full corridor — architecture, schools, transit, and pricing across Gramercy — read The Roebling Team Guide to Gramercy.

Considering a move at The Liberty?

Get the full picture on this building.

The full comp set, a private valuation of your line, or current and off-market availability — sent to you directly.

Or schedule a consultation →
Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com