Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $590,000

· Closed December 3, 2024

215 E 24TH Street #526
Closed For Sale Co-op

$590,000

$787 per sq ft

215 E 24TH Street #526

Kips Bay, Manhattan

The Penny Lane

MLS® #RLS10960209

RLS at REBNY

Listing by Brown Harris Stevens Residential Sales LLC

1

Bedroom

1

Bath

750

Sq. Ft.

1977

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 750 sq ft
Year Built 1977
Ownership Co-op
Maintenance $1,774/mo
Parking Garage
Neighborhood Kips Bay
Floor 526 of 7

Property Highlights

  • Views: City
  • Exposure: North facing
  • Outdoor Space: None, Balcony

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 526 of 7
View City
Exposure North
Pets Yes
Year Built 1977
Living Area 750 sq ft
Parking Garage Available
Structure Type HighRise
Basement Other
Parcel # 0905-0006-00215-000-0000526
Block/Lot 00905/0006

Listing History

Event Date Price Change
Listed Apr 30, 2024 $595,000 -
Currently May 5, 2026 $590,000 -0.8%

Description

This stunning, renovated home offers an open layout with dramatic ceiling heights up to 16 feet. The first level features a fully equipped kitchen with Caesar stone countertops, excellent cabinet space as well as a dining area that can also be used as a home office. The second level stretches over 16 feet wide and boasts large floor to ceiling windows with Northern Exposure and a sliding glass door opening onto a Juliet balcony. The entire third level has a generously-sized bedroom with plenty of room for a King Size Bed, and an entire 13 foot wall of customized Elfa closets! The renovated bath has a slate tile floor with great storage. Other features include bamboo floors, a striking open staircase, and an abundance of customized storage .

Once an Ice-Cream factory, Penny Lane has been transformed into a full-service building. Located minutes from Gramercy Park and the Flatiron district, this apartment is 2 blocks from the 6 train and minutes from many chic restaurants and shops. The renovated lobby resembles a London street. Each floor has Two Laundry Rooms; there is an Expansive Planted Roof Deck with Amazing Views of the Chrysler, Met Life and Empire State Buildings: Perfect for entertaining and relaxation. 24 Hour Doorman, Live-In Super, On-Site Garage, Bike Storage, Video Security, Package Room and very attentive staff all contribute to making this a great home in New York. Sorry, no dogs or pied a terres. Guarantors and co-purchases allowed. Subletting allowed after two years of ownership for up to 6 years with annual Board Approval.




Features & Amenities

Interior Features

Smoke Free Common On Floor

Exterior Features

Balcony Building Roof Deck None Balcony

Building Information

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

Financial Details

Maintenance $1,774/mo
Original Price $595,000
Sale Price $590,000
Previous Price $595,000

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

132

Median Asking Price

$847K

Median $/Sqft

$1,471

Avg Days on Market

N/A

New This Week

8

Price Reduced

31%

Sold (30 Days)

21

Median Sale Price

$800K

Live data from RLS at REBNY • Updated 5/5/26, 12:59 PM EST

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Location

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215 E 24TH Street #526, Kips Bay, New York County

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 $1,774 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 750 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 $590,000 for 750 sq ft, the asking price per square foot is approximately $787. 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: RLS10960209
First Listed: 4/30/2024
On Market: 4/30/2024
Price Changed: 12/3/2024
Closed: 12/3/2024
Contract Date: 4/30/2024

Listing Courtesy of Brown Harris Stevens Residential Sales LLC - Elise Ehrlich

Listing Contact: (212) 521-5713

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 5/5/2026 at 4:59 PM UTC

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