Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $695,000

· Closed October 25, 2023

305 E 24th Street #5-V
Closed For Sale Co-op

$695,000

$816 per sq ft

305 E 24th Street #5-V

Kips Bay, Manhattan

MLS® #RLS10908237

RLS at REBNY

Listing by Compass

2

Bedrooms

1

Bath

852

Sq. Ft.

1963

Year Built

Quick Summary

Bedrooms 2
Bathrooms 1
Living Area 852 sq ft
Year Built 1963
Ownership Co-op
Parking Garage
Neighborhood Kips Bay
Floor 5 of 20

Property Highlights

  • Views: City
  • Exposure: South facing
  • Climate Control: Central Air

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths 1 Full
Floor 5 of 20
View City
Exposure South
Cooling Central Air
Pets Yes
Cross Street Second Avenue/First Avenue
Year Built 1963
Living Area 852 sq ft
Parking Garage Available
Block/Lot 930/1

Listing History

Event Date Price Change
Listed Jun 20, 2023 $695,000 -
Price Reduced Oct 25, 2023 $729,500 +5.0%

Description

Move right in to this renovated two bedroom co-op with incredibly low maintenance! Spacious and well laid out, this two bedroom home is exceptional value and even has a bonus room- perfect for a nursery or home office! 5V features beautiful hardwood floors, crown moldings and a neutral palette that adds sophistication to the space. 5V's renovated kitchen has custom cabinets, granite countertops and stainless steel appliances including a gas oven, a huge double door refrigerator with ice maker and water dispenser, and a dishwasher. Both oversized bedrooms receive beautiful southern light. The primary bedroom easily fits a king size bed as well as a workspace and has a huge walk in closet. The second bedroom is also large enough to fit a king bed, plus there is a bonus room- an office, den, or nursery. The sleek bathroom has been renovated and offers a large tub, high-end fixtures and plenty of storage. New York Towers is a premier full service coop centrally located in Kips Bay and moments from Gramercy. The building offers impeccable service, excellent financials and a low stable maintenance. There is a 24 hour doorman, live-in super, renovated welcoming lobby and in-building garage with discounted rates for shareholders. Heat, air conditioning, and hot water are provided by the building, keeping monthly utility bills low. Pets and 75% financing permitted. The building also allows co-purchasing, gifting, pied-a-terre, and guarantors. Subletting is permitted after 1 year of ownership.

Features & Amenities

Interior Features

Dining Area Entrance Foyer Building Washer Dryer Install Allowed Common Area

Building Information

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 5/5/26, 7:50 PM EST

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Location

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305 E 24th Street #5-V, Kips Bay, New York County • Near Second Avenue/First Avenue

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1960
Year Built
66 years old
1
Floors
R6B
Zoning District

Tax & Assessment

Assessed Value: $492,300
Land Value: $126,450
Exemptions: $0

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

Lot Area: 8,017 SF
Building Area: 8,972 SF
Built FAR: 1.12
Allowed FAR: 2

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 $0 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 bedrooms and 1 full bathroom.

The listed interior living area is 852 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1963, making it approximately 63 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 $695,000 for 852 sq ft, the asking price per square foot is approximately $816. 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: RLS10908237
First Listed: 6/20/2023
Price Changed: 10/25/2023
Closed: 10/25/2023
Contract Date: 6/20/2023

Listing Courtesy of Compass - ELKIN SERNA

Listing Contact: (917) 578-9551

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 11:50 PM UTC

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