Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $480,000

Listed at $485,000 · Sold 1.0% below asking · Closed September 25, 2025

Closed For Sale Co-op

$485,000

$882 per sq ft

305 E 24th Street #2-K

Kips Bay, Manhattan

MLS® #RLS20014073

RLS at REBNY

Listing by Nardoni Realty Inc

Studio

1

Bath

550

Sq. Ft.

1963

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Living Area 550 sq ft
Year Built 1963
Ownership Co-op
Maintenance $1,015.07/mo
Parking Garage
Neighborhood Kips Bay
Floor 2 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 2 of 20
Exposure East
Cooling Central Air
Pets Yes
Cross Street Second Avenue/First Avenue
Year Built 1963
Living Area 550 sq ft
Parking Garage Available
Structure Type HighRise
Block/Lot 0930/0001

Listing History

Event Date Price Change
Listed Apr 3, 2025 $525,000 -
Price Reduced Jul 22, 2025 $495,000 -5.7%
Currently May 1, 2026 $485,000 -2.0%

Description

NEW LISTING! LOW MAINTENANCE! These photos are real not virtual.

Co-Purchasing with working adult children as well as Dental, Medical, Law, Grad Students welcome!

LOW MAINTENANCE – QUIET - EASTERN EXPOSURE - RENOVATED – SEPARATED SLEEPING AREA FOR A KING SIZE BED!

Sunny, quiet and renovated - welcome to 2K! This spacious and chic studio has a low maintenance and a high attention to detail with a stunning contemporary look and comfortable feel. This sun-filled, east facing studio was designed as an oasis in the city. A custom made, floor to ceiling vertical and easily movable divider separates the KING SIZE bed sleeping space from the living and dining area.

Enjoy cooking in the renovated kitchen with custom cabinets, granite countertops and new stainless-steel appliances including a Liebherr Refrigerator, Bosch Dishwasher and Beko Gas Range. This incredible space features an updated bathroom as well as an entry closet, and dressing area with 2 closet areas that feature built in storage/shelving. There are beautiful custom hardwood floors throughout the apartment that were recently installed as well as customized window blinds that are 2 layers (sunshade and black out).

Look out your window and see the trees of a green space ... and enjoy the silence of a courtyard just past your windows, no street in your views, no traffic, no pedestrians, all silence. You can have 2K 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!

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 spacious renovated lobby with designer furniture.

There is a Citi Bike station across the street from our fully accessible 25th Street entry as well as a new green space and park right next door. Washer / dryer can be added with board approval. Also features a large recently renovated laundry room, package desk, bike room (no wait list $10 per month), private storage (extra monthly cost, wait list) , 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 $338/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, Target and a new Whole Foods nearby.

Conveniently located near NYU Dental, Medical, Engineering, Law, Engineering & Nursing Schools. You can also enjoy some of New York City’s best restaurants including Caffe Panna, Eataly, Black Star Cafe , Hane Sushi, Posto Pizza, the new Rosemary’s East, Malii, as well as the best bagels in NYC with Tal, Pick-A-Bagel and Essa Bagels, and of course Starbucks/Dunkin 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 numerous closets and classic hardwood floors throughout, this beautiful home is a dream!

Call or email us for showings!

Features & Amenities

Interior Features

Dining Area Building Washer Dryer Install Allowed Common Area

Exterior Features

Building Storage

Building Amenities

Elevators

Building Information

Building Data View Compliance & Permits
Stories 20
Structure HighRise

Financial Details

Maintenance $1,015.07/mo
Original Price $525,000
Sale Price $480,000
Previous Price $495,000

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

6

Price Reduced

30%

Sold (30 Days)

18

Median Sale Price

$793K

Live data from RLS at REBNY • Updated 5/1/26, 7:49 AM EST

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Location

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305 E 24th Street #2-K, Kips Bay, New York County • Near Second Avenue/First Avenue

Virtual Tour

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 $1,015.07 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 550 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 $485,000 for 550 sq ft, the asking price per square foot is approximately $882. 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: RLS20014073
First Listed: 4/3/2025
On Market: 4/3/2025
Price Changed: 7/22/2025
Closed: 9/25/2025
Contract Date: 4/3/2025

Listing Courtesy of Nardoni Realty Inc - Risa Renee 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 5/1/2026 at 11:49 AM UTC

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