Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $550,000

Listed at $599,995 · Sold 8.3% below asking · Closed June 30, 2021

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

$599,995

$1,000 per sq ft

305 E 24th Street #PHL

Gramercy Park, Manhattan

NEW YORK TOWERS

MLS® #RLS10692430

RLS at REBNY

Listing by The Corcoran Group

Studio

1

Bath

600

Sq. Ft.

1964

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Living Area 600 sq ft
Year Built 1964
Ownership Co-op
Maintenance $1,174/mo
Parking Garage
Neighborhood Gramercy Park
Floor 20 of 20

Property Highlights

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

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 20 of 20
View City
Exposure East,South
Cooling Central Air
Pets Yes
Cross Street Second Avenue & First Avenue
Year Built 1964
Living Area 600 sq ft
Parking Garage Available
Parcel # 0930-0001-00305-000-0000PHL

Listing History

Event Date Price Change
Listed Jan 12, 2021 $599,995 -
Currently Jun 4, 2026 $599,995 -

Description

PHL is an oversized penthouse alcove studio in a full-service doorman building, uniquely located on a cul-de-sac in Manhattan. The wall of windows face south east and get sunlight throughout the morning and day, with views of downtown Manhattan and Brooklyn. The apartment is fully renovated with a brand new kitchen, bathroom and closets. The chefs kitchen is equipped with top of the line stainless steel appliances: Bertazzoni range and dishwasher, Fisher Paykel refrigerator with built in ice maker and water dispenser, a 17 bottle Whynter wine fridge and a Haier microwave with built in venting. The kitchen is beautifully topped with Calacatta granite countertops and a matching backsplash. The spa like bathroom is covered in white subway tiles. The clean look is complemented with a Kohler toilet with washlet, Kohler sink and faucet, Kohler mirror vanity and American Standard shower fixtures. The floors of the bathroom are Carrara marble. There is ample closet space with a large 10-foot-long step in closet upon entry, this closet is fully customized with a California Closet system. The second large closet by the bathroom was recently installed and fully customized by California Closets. This apartment has walnut hardwood floors throughout, custom wood doors, beautiful Vonn LED light fixtures in the kitchen and entry way and much more. Enjoy a full range of smart home features such as a Nest thermostat, Nest smoke detector, hidden wiring for home entertainment and TV, USB power outlets and smart light switches. New York Towers is a full service 24 hour doorman building with on-site residential manager and concierge. The building has direct access to an on-site garage with available parking spaces (residents pay $329/mt). The basement area includes a laundry room, storage rooms ($55/mt) and a bike storage area. The building recently finished its local law 11 enhancements in December 2020, and a self-sufficient co-gen power station was connected in 2019. The cost of heating and cooling is included in your maintenance, summer electrical bills rarely get over $75 per month. The building is conveniently located next to several supermarkets (Fairway, Trader Joe?s and Morton Williams). There is ample street parking on surrounding blocks, the back door of the building has a large row of Citi Bikes, the M23, M34A, and M15 bus routes are all within 1 block, the 6 train is a 5 minute stroll and the R W trains are 8 minutes away. The cul-de-sac opens to a park space on 24th street; Madison Square Park, Union Square Park, East River Park and Stuyvesant Park are all located within short distance. Renting is allowed for two years every four years. Pied-a-terre purchasing and co-purchasing is allowed. The co-op is well maintained with excellent financials, there is a current assessment of $63/mt that is due to expire in December 2021. The assessment is funding two building infrastructure projects.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common Area

Exterior Features

Building Roof Deck

Building Information

Financial Details

Maintenance $1,174/mo
Sale Price $550,000

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

173

Median Asking Price

$1.40M

Median $/Sqft

$1,744

Avg Days on Market

N/A

New This Week

5

Price Reduced

29%

Sold (30 Days)

23

Median Sale Price

$1.20M

Live data from RLS at REBNY • Updated 6/3/26, 9:58 PM EST

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Location

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305 E 24th Street #PHL, Gramercy Park, 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 $1,174 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 600 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1964, making it approximately 62 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 $599,995 for 600 sq ft, the asking price per square foot is approximately $1,000. 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: RLS10692430
First Listed: 1/12/2021
Closed: 6/30/2021
Contract Date: 1/13/2021

Listing Courtesy of The Corcoran Group - Mark Martov

Listing Contact: (917) 939-3888

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 6/4/2026 at 1:58 AM UTC

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