Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $575,000

· Closed April 30, 2022

245 E 24th Street #16-F
Closed For Sale Co-op

$575,000

245 E 24th Street #16-F

Kips Bay, Manhattan

MLS® #RLS10768408

RLS at REBNY

Listing by Compass

1

Bedroom

1

Bath

N/A

Sq. Ft.

1961

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1961
Ownership Co-op
Maintenance $1,284/mo
Parking Garage
Neighborhood Kips Bay
Floor 16 of 17

Property Highlights

  • Views: City
  • Exposure: East facing
  • Outdoor Space: Terrace

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 16 of 17
View City
Exposure East
Cooling Wall Units
Pets Yes
Cross Street Third Avenue/Second Avenue
Year Built 1961
Parking Garage Available
Block/Lot 905/26

Listing History

Event Date Price Change
Listed Aug 30, 2021 $575,000 -
Price Reduced Oct 20, 2021 $599,000 +4.2%

Description

Here's the special apartment that you have been waiting for! This junior 1-bedroom apartment with open Eastern views has already been converted and is renovated throughout. The kitchen is a chef's delight, offering stainless steel appliances, including a dishwasher. With new hardwood floors throughout and a walk-in closet and through-wall air conditioning, you will make yourself right at home. What sets this apartment apart is a special bonus: your own private gorgeous terrace with custom flooring that you will enjoy entertaining on or relaxing on after a long day! Tracy Towers features an elegant lobby, washer/dryer units in the central laundry room and a great staff with 24-hour doorman, porter, and live-in resident manager. A special amenity in this building is one of the most beautiful rooftop gardens in NYC with lovely landscaping, offering stunning views of the Empire State Building and the surrounding area. The location is convenient to local shops, restaurants, and services, as well as Madison Square Park, the East Side River path, Trader Joe's, Fairway and public transportation. Pets and pied-a-terres are permitted. Subletting is permitted after two years of ownership for two years and a monthly fee totaling 25% of the maintenance. Broker/Owner.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common Area

Exterior Features

Building Roof Deck Terrace

Building Information

Financial Details

Maintenance $1,284/mo
Sale Price $575,000
Previous Price $599,000

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, 1:12 AM EST

Similar Listings in Kips Bay

View All

Location

Loading map...

245 E 24th Street #16-F, Kips Bay, New York County • Near Third Avenue/Second Avenue

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1931
Year Built
95 years old
4
Floors
5
Residential Units
M1-2D
Zoning District
Primarily Residential Mixed Use

Tax & Assessment

Assessed Value: $586,800
Land Value: $9,000
Exemptions: $165,165

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

Lot Area: 1,265 SF
Building Area: 4,366 SF
Built FAR: 3.45
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 $1,284 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 1961, making it approximately 65 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: RLS10768408
First Listed: 8/30/2021
Price Changed: 10/20/2021
Closed: 4/30/2022
Contract Date: 8/30/2021

Listing Courtesy of Compass - Mark Landisman

Listing Contact: (516) 816-7511

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 5:12 AM UTC

Buying a Co-op? Start Here

Co-op vs. Condo: Which Is Right for You?

Ownership structure, board approval, financing: the full comparison.

Read article

How to Ace Your Co-op Board Interview

What boards look for, common questions, and how to prepare.

Read article

HDFC Co-ops: Complete Guide

Income limits, resale caps, and how to qualify for affordable co-ops.

Read article

NYC Real Estate Market Report 2026

Data-driven analysis of prices, inventory, and trends across NYC.

Read article

Interested in this property?

Your info is secure and never shared.

View Active Listings Call Milton