Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
Closed For Sale Co-op

$605,000

$953 per sq ft

215 E 24TH Street #212

Kips Bay, Manhattan

MLS® #RLS10774834

RLS at REBNY

Listing by Level

1

Bedroom

1

Bath

635

Sq. Ft.

1977

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 635 sq ft
Lot Size 22,177 sq ft
Year Built 1977
Ownership Co-op
Maintenance $1,223/mo
Parking Garage
Neighborhood Kips Bay
Floor 2 of 8

Property Highlights

  • Views: City
  • Exposure: South facing
  • Outdoor Space: Balcony

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths 1 Full
Floor 2 of 8
View City
Exposure South
Pets Yes
Year Built 1977
Living Area 635 sq ft
Parking Garage Available
Lot Size 22,177 sq ft
Parcel # 0905-0006-00215-000-0000212

Listing History

Event Date Price Change
Listed Dec 22, 2020 $685,000 -
Currently May 6, 2026 $605,000 -11.7%

Description

Record breaking price for a loft studio at Penny Lane- Sold by The Swillinger Team!! Welcome home to this fabulously modern and sophisticated mint-condition one-bedroom sleeping loft duplex with 16' ceilings, countless closets, oversized windows, and a layout that allows for a comfortable work-from-home lifestyle, while having plenty of space to relax. With everyday transitional glamor in mind, the luxurious interior design upgrade boasting fresh décor and personality, creates a calming retreat for the homeowner. When you walk into this professionally designed apartment, you're greeted by an unusual feature: a foyer. An entryway like this might seem like a waste of precious space, but its function can easily accommodate a formal office area, separated from the apartment's main living areas, a feature rarely found in a 1 bedroom and one that is prized in this environment. Facing south, the apartment collects a tremendous amount of natural light through the balcony-like sliding doors in the living room, and being on a high 2nd floor, the living room is precisely at tree-level, bringing greenery and a sense of nature into the apartment….a sacred fulfillment when living in the city! The kitchen makes a clean statement with lacquered white cabinets and stainless-steel fixtures, with subtle gold accents. Perfect for everyday needs or to prepare for those festive meals! A wonderful feature of the apartment is that it offers a couple of creative corners. The first being an area that has been transformed into the home bar zone. It's located in the living room, making it easy to refresh a drink when you're entertaining. The second creative corner is off the bedroom, a space which has been transformed to create a reading area, where one can disconnect from the city hustle and bustle. “Because sometimes all you need in life is a comfy chair and a good book.” -www.CountryLiving.com Penny Lane was built in 1977 and has 180 units on 8 floors. There is a 24-hour door person, a furnished roof deck, on-site parking garage, bicycle storage, live-in super, and two laundry facilities on every floor. It is suitably located minutes from Madison Square Park, Flatiron District and Gramercy Park and all of the conveniences of some of the best restaurants, shopping and public transportation. Buyer should consult CPA regarding any tax abatement and STAR Program.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common Area Fireplace

Exterior Features

Building Courtyard Building Garden Balcony Building Roof Deck Courtyard Garden Balcony

Building Information

Financial Details

Maintenance $1,223/mo
Original Price $685,000
Sale Price $605,000

Kips Bay is a relaxed and highly convenient residential neighborhood located on the East Side of Manhattan. Known for its mix of mid-century high-rises and historic brick townhouses, it offers a more approachable price point than its neighbors to the north and south. Residents enjoy proximity to the East River Esplanade, a variety of local dining options, and easy access to the city's major medical centers and Midtown business hubs.

Kips Bay Live Market Data

View Neighborhood

Active Listings

131

Median Asking Price

$850K

Median $/Sqft

$1,471

Avg Days on Market

N/A

New This Week

10

Price Reduced

30%

Sold (30 Days)

21

Median Sale Price

$800K

Live data from RLS at REBNY • Updated 5/6/26, 4:44 AM EST

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Location

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215 E 24TH Street #212, Kips Bay, New York County

Virtual Tour

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1910
Year Built
116 years old
2
Floors
3
Residential Units
M1-2D
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $86,820
Land Value: $18,720
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 1,878 SF
Building Area: 1,620 SF
Built FAR: 0.86
Allowed FAR: 1.5

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $1,223 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 635 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1977, making it approximately 49 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pet policy requires confirmation with the listing broker.

At the current list price of $605,000 for 635 sq ft, the asking price per square foot is approximately $953. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10774834
First Listed: 12/22/2020
Price Changed: 7/1/2021
Closed: 7/1/2021
Contract Date: 12/22/2020

Listing Courtesy of Level - Jeremy Swillinger

Listing Contact: (646) 423-8168

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the 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. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/6/2026 at 8:44 AM UTC

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