Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $2,295,000

Listed at $2,385,000 · Sold 3.8% below asking · Closed October 17, 2014

121 E 23rd Street #15-C
Closed For Sale Condo

$2,385,000

$1,530 per sq ft

121 E 23rd Street #15-C

Kips Bay, Manhattan

MLS® #RLS10031546

RLS at REBNY

Listing by Warburg Realty Partnership Ltd.

3

Bedrooms

3

Baths

1,559

Sq. Ft.

2005

Year Built

Quick Summary

Bedrooms 3
Bathrooms 3
Living Area 1,559 sq ft
Year Built 2005
Ownership Condo
HOA/Common Charges $2,025.27/mo
Property Taxes $18,305.4/yr
Neighborhood Kips Bay
Floor 15 of 21

Property Highlights

  • Exposure: South facing
  • Climate Control: Wall Units

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
Baths 3 Full
Floor 15 of 21
Exposure South
Cooling Wall Units
Pets Yes
Cross Street Park Avenue South/Lexington Avenue
Year Built 2005
Living Area 1,559 sq ft
Block/Lot 879/12

Listing History

Event Date Price Change
Listed Feb 18, 2014 $2,385,000 -
Price Reduced Apr 23, 2014 $2,450,000 +2.7%

Description

A WOW TRANSFORMATION !!!

Sun-filled, south facing 3 BR / 3 Bath condo apartment with floor to ceiling windows in the Gramercy/Flatiron neighborhood. The 1,559 sq ft are proportioned to include a generous entertaining area with open flow to the well-equipped kitchen. Ideal for entertaining, the apartment boasts: an open kitchen with modern rosewood cabinetry, stainless appliances; mosaic tile backsplash; black granite counters, making it easier to interact with the family and guests. The home also comes complete with its very own washer and dryer.There are Brazilian cherry wood floors throughout. The large master bedroom is graciously fitted with a walk in closet and a separate wall closet and has an ensuite bathroom with separate deep tub and shower. The 2 additional bedrooms are a good size and each has a large closet. There are 2 additional bathrooms. Excellent opportunity to own this beautiful apartment in New York City's inventory-starved market.

CROSSING 23RD

Known and sought after for its prime location in the Flatiron District and Gramercy Park, Crossing 23rd is a full-service condominium, made up of 21 stories and 95 residences. Crossing 23rd was built in 2005 and designed by H. Thomas O'Hara with interiors by Andres Escobar. Well outfitted with amenities, this condo includes 24 hour doorman service, concierge, resident's lounge with outdoor terrace, central laundry room and a fitness center.

Ideally located on East 23rd Street between Park and Lexington, Crossing 23rd is situated near Madison Square Park and Union Square, within 0.5 miles of nine subway lines, including the 6 train approx. 300ft away.

Resident's receive a 421a Tax Abatement expiring in 2016.

Features & Amenities

Interior Features

Dining Area Building Washer Dryer Install Allowed Common Area New Windows

Exterior Features

Building Courtyard Building Roof Deck

Appliances

Dryer Washer

Building Information

Financial Details

Common Charges $2,025.27/mo
RE Taxes $18,305.4/yr ($1,525/mo)
Sale Price $2,295,000
Previous Price $2,450,000

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

130

Median Asking Price

$850K

Median $/Sqft

$1,450

Avg Days on Market

N/A

New This Week

9

Price Reduced

30%

Sold (30 Days)

21

Median Sale Price

$800K

Live data from RLS at REBNY • Updated 5/6/26, 7:57 PM EST

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Location

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121 E 23rd Street #15-C, Kips Bay, New York County • Near Park Avenue South/Lexington Avenue

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

2004
Year Built
22 years old
21
Floors
93
Residential Units
C6-4A
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $15,848,546
Land Value: $770,395
Exemptions: $196,438

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

Lot Area: 6,160 SF
Building Area: 96,420 SF
Built FAR: 15.65
Allowed FAR: 10

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 common charges are $2,025.27 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $18,305.4, or roughly $1,525 per month. Verify the current assessment with your attorney before closing.

This property has 3 bedrooms and 3 full bathrooms.

The listed interior living area is 1,559 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2005, making it approximately 21 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

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

At the current list price of $2,385,000 for 1,559 sq ft, the asking price per square foot is approximately $1,530. 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: RLS10031546
First Listed: 2/18/2014
Price Changed: 4/23/2014
Closed: 10/17/2014
Contract Date: 2/18/2014

Listing Courtesy of Warburg Realty Partnership Ltd. - Angel Joseph

Listing Contact: (212) 906-9312

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 11:57 PM UTC

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