Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $425,000

· Closed February 23, 2021

245 E 24TH Street #8K
Closed For Sale Co-op

$425,000

$773 per sq ft

245 E 24TH Street #8K

Gramercy Park, Manhattan

TRACY TOWERS

MLS® #RLS10024915

RLS at REBNY

Listing by Halstead dba Brown Harris Stevens Residential Sales LLC

Studio

1

Bath

550

Sq. Ft.

1963

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Living Area 550 sq ft
Year Built 1963
Ownership Co-op
Maintenance $980/mo
Neighborhood Gramercy Park
Floor 8 of 17

Property Highlights

  • Exposure: South facing

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 8 of 17
Exposure South
Pets Yes
Cross Street 3rd Ave/2nd Ave
Year Built 1963
Living Area 550 sq ft
Parcel # 0905-0026-00245-000-000008K

Listing History

Event Date Price Change
Listed Jul 2, 2020 $445,000 -
Currently Apr 25, 2026 $425,000 -4.5%

Description

The Apartment: This South Facing alcove studio features almost an entire wall of windows with a ton of natural light flooding the space. The unit is in very good condition with renovated kitchen and bathroom. There is a beautiful large wood-top island in the kitchen area. This island is a cooks', and entertainers', dream with extra-large counter space, multiple deep storage drawers, and it's MOVABLE!! The sleeping alcove will fit a queen size bed and is separated from the living area with a tinted glass divider. There are 2 closets in the sleeping alcove, and 1 at the entry way of the apt. All closets are from floor to ceiling, they are deep and have built in shelves and hangers. -- The Building: Tracy Towers is a very well run co-op building in the Rose Hill neighborhood of Manhattan ( adjacent to Kips Bay neighborhood ). The building features full time doorman, laundry facilities in the basement, and a BEAUTIFULLY landscaped rooftop. The rooftop has soaring views of the city, and is designed with sitting nooks divided by plants to provide privacy. It also features a vegetable garden, where the residents can reserve plots to grow their own vegetables!!

Building Information

Financial Details

Maintenance $980/mo
Original Price $445,000
Sale Price $425,000

Gramercy Park is one of New York City’s most storied and architecturally distinctive neighborhoods, centered around the only private park in Manhattan. The area exudes old-world charm with its gas-lit streets and impeccably preserved 19th-century architecture. While the park itself is private, the surrounding real estate offers a mix of historic brownstones, elegant pre-war cooperatives, and boutique new developments that cater to those seeking a low-traffic urban retreat.

Gramercy Park Live Market Data

View Neighborhood

Active Listings

176

Median Asking Price

$1.45M

Median $/Sqft

$1,767

Avg Days on Market

N/A

New This Week

10

Price Reduced

26%

Sold (30 Days)

16

Median Sale Price

$1.26M

Live data from RLS at REBNY • Updated 4/25/26, 9:28 AM EST

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Location

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245 E 24TH Street #8K, Gramercy Park, New York County • Near 3rd Ave/2nd Ave

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 $980 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 0 bedrooms and 1 full bathroom.

The listed interior living area is 550 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 $425,000 for 550 sq ft, the asking price per square foot is approximately $773. 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: RLS10024915
First Listed: 7/2/2020
Price Changed: 2/25/2021
Closed: 2/23/2021
Contract Date: 7/3/2020

Listing Courtesy of Halstead dba Brown Harris Stevens Residential Sales LLC - Serjik Markarian

Listing Contact: (212) 381-3227

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 4/25/2026 at 1:28 PM UTC

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