Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $483,360

· Closed September 16, 2025

Closed For Sale Co-op

$483,360

$984 per sq ft

240 E 24th Street #2A

Kips Bay, Manhattan

MLS® #RLS20022637

RLS at REBNY

Listing by Compass

1

Bedroom

1

Bath

491

Sq. Ft.

1950

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 491 sq ft
Year Built 1950
Ownership Co-op
Maintenance $1,309/mo
Neighborhood Kips Bay
Floor 2 of 5

Property Highlights

  • Style: WalkUp architecture
  • Climate Control: Central Air

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 2 of 5
Cooling Central Air
Pets Yes, CatsOk, DogsOk
Year Built 1950
Living Area 491 sq ft
Architectural Style WalkUp
Furnished Unfurnished
Parcel # 0904-0029-00240-000-000002A
Block/Lot 00651/0029

Listing History

Event Date Price Change
Listed May 9, 2025 $500,000 -
Price Reduced Sep 29, 2025 $480,000 -4.0%
Currently May 1, 2026 $483,360 +0.7%

Description

***SPONSOR SALE NO BOARD APPROVAL*** INVESTORS FRIENDLY*** Perfect for homebuyers and investors alike, this turnkey one-bedroom, one-bathroom co-op delivers impressive living space, great storage and a fantastic location in the heart of Kips Bay. A spacious foyer invites you into this bright and airy home paved with beautiful hardwood floors. The oversized living room provides a generous footprint for seating, dining and home office areas alongside large windows and treetop views. Cooks will love the windowed kitchen's full-size appliances and abundant cabinet and counter space. The extra-large bedroom easily accommodates a king-size bed and additional furnishings, while closets here and in the hall ensure storage will never be a concern. A full bathroom with a tub/shower and roomy vanity completes this perfect Kips Bay beauty. 240 East 24th Street is a well-maintained boutique cooperative offering live-in superintendent service, intercom entry, storage and a shared courtyard with a barbecue. Pets, pieds-à-terre, subletting, parents buying for children and guarantors are permitted. This Kips Bay home enjoys wonderful proximity to Gramercy, NoMad, the Flatiron District, Chelsea and Midtown, with easy access to eastside medical institutions, SVA, Baruch College and the U.N. The Kips Bay AMC theater, Trader Joe's and Fairway Market are nearby, and the outstanding outdoor space of Madison Square, Union Square and Stuyvesant Square parks is just minutes away. Transportation is excellent with 6, N/R/W and L trains, excellent bus service and CitiBikes within easy reach. *The kitchen is being renovated and we don't have a photo yet.

Features & Amenities

Interior Features

See Remarks

Appliances

Dishwasher

Building Information

Building Data View Compliance & Permits
Total Units 36
Stories 5
Style WalkUp

Financial Details

Maintenance $1,309/mo
Original Price $500,000
Sale Price $483,360
Previous Price $480,000

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

6

Price Reduced

30%

Sold (30 Days)

18

Median Sale Price

$793K

Live data from RLS at REBNY • Updated 5/1/26, 7:49 AM EST

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Location

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240 E 24th Street #2A, Kips Bay, New York County

Virtual Tour

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1930
Year Built
96 years old
1
Floors
M1-2D
Zoning District

Tax & Assessment

Assessed Value: $88,650
Land Value: $20,700
Exemptions: $0

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

Lot Area: 1,142 SF
Building Area: 1,140 SF
Built FAR: 1
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 $1,309 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $0, or roughly $0 per month. Verify the current assessment with your attorney before closing.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 491 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1950, making it approximately 76 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.

At the current list price of $483,360 for 491 sq ft, the asking price per square foot is approximately $984. 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: RLS20022637
First Listed: 5/9/2025
On Market: 5/9/2025
Price Changed: 9/29/2025
Closed: 9/16/2025
Contract Date: 4/25/2025

Listing Courtesy of Compass - Thomas W Hollingsworth

Listing Contact: (917) 686-4498

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 5/1/2026 at 11:49 AM UTC

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