Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $517,500

· Closed March 20, 2019

245 E 24th Street #16-J
Closed For Sale Co-op

$517,500

245 E 24th Street #16-J

Kips Bay, Manhattan

MLS® #RLS10511727

RLS at REBNY

Listing by Compass

Studio

1

Bath

N/A

Sq. Ft.

1961

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Year Built 1961
Ownership Co-op
Maintenance $1,101/mo
Parking Garage
Neighborhood Kips Bay
Floor 16 of 17

Property Highlights

  • Views: City
  • Exposure: South facing
  • Outdoor Space: Terrace

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 16 of 17
View City
Exposure South
Cooling Wall Units
Pets Yes
Cross Street Third Avenue/Second Avenue
Year Built 1961
Parking Garage Available
Block/Lot 905/26

Listing History

Event Date Price Change
Listed Dec 13, 2018 $517,500 -
Currently May 6, 2026 $517,500 -

Description

High-Floor Junior 1BR with Private Terrace! Light, bright, and airy are how you?d describe this fabulous Junior One-Bedroom apartment at Tracy Towers in the Gramercy/Kips Bay area the moment you walk into it! Large south-facing picture windows, beautiful color tones, and original hardwood floors all add touches of coziness and charm. However the piece de resistance is the private setback terrace that offers sensational views, from high on the 16th floor of a desirable full-service co-op building in a prime location. The spacious living area is a perfect place to relax or host guests, with an easy flow into the separate yet open kitchen. The bedroom receives plentiful light from double windows that overlook the terrace, where you can sit with a coffee or cocktail and appreciate the sights. And ample closet space exists throughout. Built in 1961, and designed by architect Lawrence Rothman, the 17-story Tracy Towers on 24th St off Second Avenue features an upscale lobby, new elevators, and a great staff with doorman, porters and a live-in super. Other attractive amenities include through wall air conditioning, onsite laundry, bike and storage rooms, and one of the loveliest common rooftops in NY with awe inspiring views of landmarks and the Empire State Building! The location is convenient to local shops, restaurants and services, as well as Madison Square Park, the East Side River path, Trader Joe?s, Fairway, AMC movie theaters, NYU Dental School, the VA Medical Center, and public transportation. Pets and pied-a-terres are allowed.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common Area

Exterior Features

Building Roof Deck Terrace

Building Information

Financial Details

Maintenance $1,101/mo
Sale Price $517,500

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 5/6/26, 10:41 AM EST

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Location

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245 E 24th Street #16-J, Kips Bay, New York County • Near Third Avenue/Second Avenue

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 $1,101 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 0 bedrooms and 1 full bathroom.

According to MLS records, the building was constructed in 1961, making it approximately 65 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.

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: RLS10511727
First Listed: 12/13/2018
Closed: 3/20/2019
Contract Date: 5/9/2018

Listing Courtesy of Compass - Martin Eiden

Listing Contact: (917) 701-8898

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 2:41 PM UTC

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