Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $699,000

· Closed January 29, 2025

Closed For Sale Co-op

$699,000

$822 per sq ft

215 E 24th Street #114

Kips Bay, Manhattan

MLS® #RLS11007958

RLS at REBNY

Listing by Elegran LLC

2

Bedrooms

1.5

Baths

850

Sq. Ft.

1977

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2 full, 1 half
Living Area 850 sq ft
Year Built 1977
Ownership Co-op
Maintenance $1,864/mo
Parking Garage
Neighborhood Kips Bay
Floor 1 of 8

Property Highlights

  • Exposure: South facing
  • Climate Control: Wall Units
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths 1 Full, 1 Half
Floor 1 of 8
Exposure South
Cooling Wall Units
Pets CatsOk
Cross Street Third Avenue/Second Avenue
Year Built 1977
Living Area 850 sq ft
Parking Garage Available
Structure Type None
Parcel # 0905-0006-00215-000-0000114
Block/Lot 905/6

Listing History

Event Date Price Change
Listed Sep 9, 2024 $699,000 -
Currently May 5, 2026 $699,000 -

Description

Discover the charm of urban living in this move-in-ready duplex at 215 E 24th St, Apt 114. Boasting 2 bedrooms and 1.5 bathrooms, this spacious home features soaring 15-foot ceilings and an open-concept first floor that seamlessly blends the living area with a modern kitchen. The kitchen is a chef's delight, equipped with quartz countertops, a breakfast bar with wine storage, stainless steel appliances (including a dishwasher, full-size refrigerator/freezer, microwave, and a 4-burner gas stove/oven), custom under-cabinet lighting, and a garbage disposal. The first-floor bathroom is elegantly renovated, offering a bathtub/shower combo with a rainfall shower and handheld shower head, a sleek vanity, and a backlit mirror. This floor also has an additional maisonette entrance which is great to maintain privacy. Upstairs, the second-floor primary bedroom opens to a charming Juliette balcony and large outfitted closet. Additionally, the second floor includes a versatile loft space that can serve as a home office, gym, nursery, or extra bedroom, with standard ceiling heights throughout, with a half bathroom so you don't have to use stairs in the middle of the night. Original architectural details like exposed brick and an industrial beam add character to the space, while modern amenities such as ceiling fans, built-in AC spaces, and a Honeywell alarm system ensure comfort and security. Residents of Penny Lane enjoy access to furnished roof decks, courtyards, and two laundry rooms on each floor. Additional storage is available for $100 per month, and secure bike storage for just $50 per year. Pets are case by case. This vibrant community offers a 24-hour doorman, a live-in superintendent and optional parking for a monthly fee. Located just two blocks from the 6 train and close to Gramercy Park, this property allows for flexible living arrangements, including the ability to sublet after two years of ownership for six years, or add walls in the loft spaces. Penny Lane is a unique and character-filled building, originally an ice cream factory converted in 1976 to resemble a London street. Proof of funds or pre-approval is required to schedule a showing. Don’t miss out on this extraordinary opportunity!

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Building Multiple Locations Common Area

Exterior Features

Building Storage Building Courtyard Building Roof Deck Juliet Balcony

Building Information

Financial Details

Maintenance $1,864/mo
Sale Price $699,000

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

133

Median Asking Price

$845K

Median $/Sqft

$1,450

Avg Days on Market

N/A

New This Week

8

Price Reduced

31%

Sold (30 Days)

20

Median Sale Price

$833K

Live data from RLS at REBNY • Updated 5/5/26, 10:36 AM EST

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Location

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215 E 24th Street #114, Kips Bay, New York County • Near Third Avenue/Second Avenue

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 $1,864 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 bedrooms and 1 full bathroom and 1 half bathroom.

The listed interior living area is 850 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.

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

At the current list price of $699,000 for 850 sq ft, the asking price per square foot is approximately $822. 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: RLS11007958
First Listed: 9/10/2024
On Market: 9/9/2024
Closed: 1/29/2025
Contract Date: 9/9/2024

Listing Courtesy of Elegran LLC - Michael DiStasio

Listing Contact: (207) 899-9195

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 2:36 PM UTC

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