Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
245 E 24th Street #8K
Closed For Sale Co-op

$500,000

245 E 24th Street #8K

Kips Bay, Manhattan

MLS® #RLS10990546

RLS at REBNY

Listing by Compass

Studio

1

Bath

N/A

Sq. Ft.

1963

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Year Built 1963
Ownership Co-op
Maintenance $1,103/mo
Neighborhood Kips Bay
Floor 8 of 16

Property Highlights

  • Location: Kips Bay, Manhattan
  • Property Type: Co-op
  • Built: 1963

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 8 of 16
Pets Yes, CatsOk, DogsOk
Year Built 1963
Structure Type MultiFamily
Furnished Unfurnished
Parcel # 0905-0026-00245-000-000008K
Block/Lot 00905/0026

Listing History

Event Date Price Change
Listed Feb 12, 2024 $550,000 -
Price Reduced Jul 18, 2024 $530,000 -3.6%
Currently May 5, 2026 $500,000 -5.7%

Description

Enter the foyer of this sunny alcove studio offering a wall of south-facing windows. A spacious kitchen with ample storage and deep drawers opens into the living room. A natural wood island defines the dining area, separating it from the living area. The island can be moved and is ideal for chefs who love to cook and entertain. A windowed alcove accommodates a Queen bed, and offers 2 floor to ceiling closets and a tinted glass divider separates it from the living area. A bathroom is adjacent to the sleep alcove. Tracy Towers is a full-service co-op with a prime location, offering easy access to the adjacent Gramercy, NoMad, and FlatIron neighborhoods. Nearby, you will find a variety of restaurants, cafes, shops, and parks to explore. Additionally, the proximity to multiple subway lines (4, 5, 6, N, Q, R, and L) makes commuting around town a breeze. This pet friendly building offers an array of amenities, including a 24-hour doorman, a landscaped roof deck, central laundry, storage, and a bike room. Pied-a-terre buyers, guarantors, parents co-purchasing and subletting are all allowed.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common On Floor Common Area

Building Information

Building Data View Compliance & Permits
Total Units 162
Stories 16
Structure MultiFamily

Financial Details

Maintenance $1,103/mo
Original Price $550,000
Sale Price $500,000
Previous Price $530,000

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

132

Median Asking Price

$847K

Median $/Sqft

$1,471

Avg Days on Market

N/A

New This Week

8

Price Reduced

31%

Sold (30 Days)

21

Median Sale Price

$800K

Live data from RLS at REBNY • Updated 5/5/26, 3:14 PM EST

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Location

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245 E 24th Street #8K, Kips Bay, New York County

Floor Plans

Floor Plan 1

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 $1,103 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $0, or roughly $0 per month. Verify the current assessment with your attorney before closing.

This property has 0 bedrooms and 1 full bathroom.

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.

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: RLS10990546
First Listed: 2/12/2024
On Market: 2/12/2024
Price Changed: 7/18/2024
Closed: 7/8/2024
Contract Date: 2/6/2024

Listing Courtesy of Compass - Julie Perlin

Listing Contact: (917) 414-7653

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 5/5/2026 at 7:14 PM UTC

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