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215 E 24TH Street #617
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Active For Sale Co-op

$475,000

215 E 24TH Street #617

Kips Bay, Manhattan

The Penny Lane

MLS® #RLS20027053

RLS at REBNY

Listing by Douglas Elliman Real Estate

Studio

1

Bath

N/A

Sq. Ft.

1977

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Year Built 1977
Ownership Co-op
Maintenance $1,432/mo
Parking Garage
Neighborhood Kips Bay
Floor 6 of 7

Property Highlights

  • Views: City
  • Exposure: South facing
  • Climate Control: Other

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 6 of 7
View City
Exposure South
Cooling Other
Pets Yes
Year Built 1977
Parking Garage Available
Structure Type HighRise
Basement Other
Parcel # 0905-0006-00215-000-0000617
Block/Lot 00905/0006

Description

Step into this bright and airy loft apartment featuring soaring ceilings in the main living area in the sought-after Penny Lane Coop, nestled in the Gramercy Park neighborhood of Manhattan.

The residence boasts a fully-equipped kitchen with a dishwasher. A generous foyer features a sizable closet and dining space. The living room, brightened by oversized windows, offers a Southern exposure and includes a quaint Juliet balcony.

Above, a lofted sleeping space with approximately 5 feet of headroom offers a snug and private retreat, accommodating a Queen-size bed, dresser, and additional closet space. While not full standing height, the loft's clever design maximizes floor space below, leaving room for a generous living area and dining setup. Large windows flood the home with natural light, and the unique layout adds both character and functionality.

Both the bathroom and kitchen have been renovated.

Conveniently, washers and dryers are located on each floor, with one just outside this apartment's door.

Amenities include a 24-hour doorman, resident superintendent, four exquisite roof decks, plus a serene Zen Deck.

Optional extras include storage for $100 monthly and bike storage at $50 annually.

Pets are allowed on a case by case basis. Cats only, no dogs.

Direct building access to a parking lot is available for a fee.

Situated a mere two blocks from the 6 train and in proximity to Gramercy Park, owners have the option to sublet after two years for a duration of six years.

This unique Coop, a former ice cream factory, was transformed in 1976 and its unique lobby was designed to evoke the charm of a London street.

Features & Amenities

Interior Features

Common On Floor

Exterior Features

Building Roof Deck Private Outdoor Space Under60 Sqft

Building Amenities

Bike Storage Cold Storage

Building Information

Building The Penny Lane
Total Units 180
Stories 7
Structure HighRise

Financial Details

Maintenance $1,432/mo
Original Price $529,000
Previous Price $499,999

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 charming 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

101

Median Asking Price

$850K

Median $/Sqft

$1,780

Avg Days on Market

N/A

New This Week

5

Price Reduced

36%

Sold (30 Days)

9

Median Sale Price

$861K

Live data from RLS at REBNY • Updated 3/20/26, 2:51 AM EST

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Location

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215 E 24TH Street #617, Kips Bay, New York County

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Floor Plans

Floor Plan
Floor Plan
MLS® ID: RLS20027053
First Listed: 5/28/2025
On Market: 1/21/2026
Price Changed: 2/4/2026
Contract Date: 5/28/2025

Listing Courtesy of Douglas Elliman Real Estate - Bradley Miles

Listing Contact: (646) 387-8741

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 3/20/2026 at 6:51 AM UTC

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