Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
215 E 24TH Street #220
Closed For Sale Co-op

$520,000

215 E 24TH Street #220

Kips Bay, Manhattan

The Penny Lane

MLS® #RLS11023953

RLS at REBNY

Listing by Douglas Elliman Real Estate

1

Bedroom

1

Bath

N/A

Sq. Ft.

1977

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1977
Ownership Co-op
Maintenance $1,594/mo
Parking Garage
Neighborhood Kips Bay
Floor 2 of 7

Property Highlights

  • Views: City
  • Exposure: North facing
  • Climate Control: Other

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 2 of 7
View City
Exposure North
Cooling Other
Pets Yes
Year Built 1977
Parking Garage Available
Structure Type HighRise
Basement Other
Parcel # 0905-0006-00215-000-0000220
Block/Lot 00905/0006

Listing History

Event Date Price Change
Listed Dec 4, 2024 $539,000 -
Currently May 4, 2026 $520,000 -3.5%

Description

Located at the crossroads of Gramercy Park and Kips Bay neighborhoods, this fully renovated & large duplex move-in-ready one bedroom home resides in The Penny Lane, a historic (originally the J.M Horton Ice Cream Factory) and sought after full service cooperative bld. Features of this fantastic home include 13'ceilings in the large living/dining room w/floor to ceiling windows, hardwood flooring, Juliet balcony and recessed lighting, an open renovated kitchen with stainless appliances, dark wood cabinetry, granite countertops w/ seating, and a grey glass subway patterned backsplash, and a fully renovated marble bathroom w/custom vanity & chrome hardware. Up the straight staircase is where you'll find the lofted bedroom with 5'/5" ceilings, recessed lighting, and large enough for a king sized bed and a separate work area. BLD: 24DRMN, lobby designed to evoke a London Street, resident superintendent. Planted roof decks with gorgeous views to Empire State/Chrysler/Met Life blds, 2 laundry rooms on each floor (one is right outside this apt!), storage ($100 monthly fee), bike storage ($50 annual fee), garage, video security, pets (sorry no dogs), pied-a-terres, and co-purchasing allowed on a case-by-case basis. Great location , near the 6,R & W trains, near Stuyvesant Square and Gramercy Parks, Great food shopping (Fairway/Morton Williams/ Westside Market), many restaurants, night life, and shopping options.

Features & Amenities

Interior Features

Common On Floor

Exterior Features

Building Roof Deck Juliet Balcony Private Outdoor Space Under60 Sqft

Building Information

Building The Penny Lane
Building Data View Compliance & Permits
Total Units 180
Stories 7
Structure HighRise

Financial Details

Maintenance $1,594/mo
Original Price $539,000
Sale Price $520,000
Previous Price $539,000

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

$845K

Median $/Sqft

$1,398

Avg Days on Market

N/A

New This Week

5

Price Reduced

31%

Sold (30 Days)

18

Median Sale Price

$833K

Live data from RLS at REBNY • Updated 5/4/26, 5:21 AM EST

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Location

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215 E 24TH Street #220, Kips Bay, New York County

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 $1,594 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 1 full bathroom.

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.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

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: RLS11023953
First Listed: 12/4/2024
On Market: 12/4/2024
Price Changed: 5/13/2025
Closed: 5/8/2025
Contract Date: 12/4/2024

Listing Courtesy of Douglas Elliman Real Estate - RONALD E LENSE

Listing Contact: (917) 848-8095

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 5/4/2026 at 9:21 AM UTC

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