Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $475,000

· Closed January 17, 2025

305 E 24th Street #14-R
Closed For Sale Co-op

$475,000

$731 per sq ft

305 E 24th Street #14-R

Kips Bay, Manhattan

MLS® #RLS10992200

RLS at REBNY

Listing by Nardoni Realty Inc

Studio

1

Bath

650

Sq. Ft.

1963

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Living Area 650 sq ft
Year Built 1963
Ownership Co-op
Maintenance $1,307.7/mo
Parking Garage
Neighborhood Kips Bay
Floor 14 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 14 of 20
View City
Exposure East,South
Cooling Central Air
Pets Yes
Cross Street Second Avenue/First Avenue
Year Built 1963
Living Area 650 sq ft
Parking Garage Available
Structure Type HighRise
Block/Lot 930/1

Listing History

Event Date Price Change
Listed Mar 6, 2024 $535,000 -
Price Reduced Jan 17, 2025 $499,000 -6.7%
Currently May 5, 2026 $475,000 -4.8%

Description

Make this corner unit on the 14th floor, with low maintenance, your private oasis in the city!

Come visit this awesome corner apartment in the heart of Kips Bay/Gramercy area! High floor, sunny and quiet, large alcove studio. This fabulous corner apartment features six large windows in the living / sleeping area with southern and eastern exposures providing amazing natural sunlight. Easily fit a king size bed in the alcove space (that can also be separated in various ways from the living room space). The windowed eat-in kitchen is unusually spacious for a studio. You can add a dishwasher and washer/dryer in the unit (with board approval). There is also a windowed bathroom with bathtub and shower, and an adjacent linen closet.

This home features an abundance of storage space including three large closets and classic parquet floors. The unit is located on a lovely cul-de-sac with open views of blue skies east and south and a beautiful new green space/courtyard below. Extremely quiet! Enjoy the fireworks on July 4th with an eastern view, as well as southern sunny exposure.

New York Towers is a full-service building with a 24-hour doorman and concierge desk. The building features a recently renovated on-site garage with direct access into the building (resident discount rate of $328/month and no waiting list). There is a Citi Bike station conveniently located across the street from our back entrance. The building also features a laundry room, bike room, private storage spaces, and a live-in Resident Manager/Super, as well as dedicated on-site Property Manager.

This coveted neighborhood, selected by Time Out as one of the 10 hottest NYC neighborhoods to watch for 2023, is centrally located for easy access to Madison Square Park with Eataly and Shake Shack, Gramercy Park, Flatiron, East Village, Union Square and all transportation including subway and bus services, and exceptional shopping nearby including Target, Whole Foods and Trader Joe’s and Fairway! Conveniently located near NYU Dental, Medical, Engineering & Nursing Schools. You can also enjoy some of New York City’s best restaurants nearby.

The thermostatically controlled air conditioning and heating as well as gas are included in the monthly maintenance. Pets welcome. 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 its own on-site generator.

Make this beautiful home yours.

Call, text or email us for showings!

Features & Amenities

Interior Features

Entrance Foyer Kitchen Window See Remarks Building Washer Dryer Install Allowed Common Area

Exterior Features

Building Storage

Building Information

Building Data View Compliance & Permits
Stories 20
Structure HighRise

Financial Details

Maintenance $1,307.7/mo
Original Price $535,000
Sale Price $475,000
Previous Price $499,000

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

133

Median Asking Price

$845K

Median $/Sqft

$1,450

Avg Days on Market

N/A

New This Week

8

Price Reduced

31%

Sold (30 Days)

20

Median Sale Price

$833K

Live data from RLS at REBNY • Updated 5/5/26, 10:36 AM EST

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Location

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305 E 24th Street #14-R, Kips Bay, New York County • Near Second Avenue/First Avenue

Floor Plans

Floor Plan 1
Floor Plan 2

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 $1,307.7 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 650 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 $475,000 for 650 sq ft, the asking price per square foot is approximately $731. 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: RLS10992200
First Listed: 3/6/2024
On Market: 3/6/2024
Price Changed: 1/17/2025
Closed: 1/17/2025
Contract Date: 3/6/2024

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 5/5/2026 at 2:36 PM UTC

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