Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
305 E 24th Street #12-L
Closed For Sale Co-op

$440,000

$838 per sq ft

305 E 24th Street #12-L

Kips Bay, Manhattan

MLS® #RLS10849695

RLS at REBNY

Listing by Nardoni Realty Inc

Studio

1

Bath

525

Sq. Ft.

1963

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Living Area 525 sq ft
Year Built 1963
Ownership Co-op
Maintenance $984.61/mo
Parking Garage
Neighborhood Kips Bay
Floor 12 of 20

Property Highlights

  • Exposure: East facing
  • Climate Control: Central Air
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 12 of 20
Exposure East
Cooling Central Air
Pets Yes
Cross Street Second Avenue/First Avenue
Year Built 1963
Living Area 525 sq ft
Parking Garage Available
Block/Lot 930/1

Listing History

Event Date Price Change
Listed Apr 1, 2023 $440,000 -
Price Reduced May 18, 2023 $475,000 +8.0%

Description

Sunny and quiet, high floor studio the eastern exposures allow for tranquil courtyard views and an abundance of light welcome to 12L!

This spacious studio has a low maintenance and amazing closet space! The flexible, large living room easily welcomes the addition of a sleeping alcove, dining nook can be configured to your liking. Enjoy the sunlight in this east facing studio with views of a lovely park, a canopy of tree tops and views all the way to LIC and on July 4th enjoy the East River fireworks from the privacy of your own home! Endless potential to create your own custom space. Kitchen includes solid wood cabinets, new refrigerator and new oven!

Look out your window and see the trees of a green space and enjoy the silence of a courtyard just below your windows, no street in your views, no traffic, no pedestrians, all silence on this wonderful cul-de-sac. You can have 12L as your new home in a fantastic and centrally located building, as your pied-a-terre in the wonderful Kips Bay/Gramercy Park neighborhood, or as your long-term investment! Dishwasher and washer dryer all can be added with approval.

New York Towers is a PET-FRIENDLY, well-established, full-service building with a 24-hour doorman, concierge desk for packages and an experienced staff. The building features a recently renovated lobby with designer furniture.

There is a Citi Bike station across the street as well as a new green space and park right next door. Also features a large recently renovated laundry room, bike, and package room, private storage, and a Resident Manager/Super, as well as dedicated on-site Property Manager. Garage with direct access into the building with resident discount rate of $328/month and no wait list!

This coveted neighborhood is centrally located for easy access to Madison Square Park, Gramercy Park, Flatiron, East Village, Union Square and all transportation including subway (near the 6, N, R, and L trains) and bus services, and exceptional shopping with Trader Joe's, Fairway, and a new Target nearby.

Conveniently located near NYU Dental, Medical, Engineering & Nursing Schools. You can also enjoy some of New York City's best restaurants including Eataly, Black Star Cafe, Citizens of Gramercy, Mexico Lindo, Hane Sushi, Posto Pizza, BlueBell Cafe, the new Rosemary's East, as well as the best bagels in NYC with Tal, Pick-A-Bagel and Essa Bagels, and of course Starbucks all close by!

The thermostatically controlled air conditioning and heating are included in the monthly maintenance as well as water and cooking gas! Co-purchasing, gifting, pied-a-terre, and subletting are all allowed. The building has completed its cogeneration conversion ensuring energy efficiency and power during any storms with an on-site generator.

With an abundance of sunlight, numerous closets, and classic hardwood floors throughout, this beautiful home is a dream!

Call or email us for showings!

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common Area

Building Information

Financial Details

Maintenance $984.61/mo
Sale Price $440,000
Previous Price $475,000

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

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 5/5/26, 9:42 PM EST

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Location

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305 E 24th Street #12-L, Kips Bay, 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 $984.61 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 525 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 $440,000 for 525 sq ft, the asking price per square foot is approximately $838. 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: RLS10849695
First Listed: 4/1/2023
Price Changed: 5/18/2023
Closed: 5/23/2023
Contract Date: 3/31/2023

Listing Courtesy of Nardoni Realty Inc - Risa Morley

Listing Contact: (212) 920-9029

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 1:42 AM UTC

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