Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $595,000

· Closed June 22, 2021

215 E 24th Street #505
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Closed For Sale Co-op

$595,000

215 E 24th Street #505

Kips Bay, Manhattan

MLS® #RLS10690885

RLS at REBNY

Listing by Compass

1

Bedroom

1

Bath

N/A

Sq. Ft.

1977

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1977
Ownership Co-op
Maintenance $1,157/mo
Parking Garage
Neighborhood Kips Bay
Floor 5 of 8

Property Highlights

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

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 5 of 8
View City
Exposure South
Pets CatsOk
Cross Street Third Avenue/Second Avenue
Year Built 1977
Parking Garage Available
Parcel # 0905-0006-00215-000-0000505
Block/Lot 905/6

Description

THE BUILDING REQUIRES 24 HOUR NOTICE TO SHOW ALONG WITH THE SUBMISSION OF COVID DOCUMENTS Welcome to this special, south facing, sunny and spacious, multi-level one bedroom home at the Penny Lane, a full service building near Gramercy Park. With soaring 16-foot ceilings, an open design, floor to ceiling windows and a sliding glass door leading to a Juliet balcony, this lovely apartment is truly unique. Some of its many features include a recently updated bathroom, beautiful kitchen, extensive closet space, cherry hardwood floors and a new air conditioner. The Penny Lane was the original home of the J.M. Horton Ice Cream Factory in the 1920's. It is a full-service coop with a 24-hour doorman, live-in super, two laundry rooms on every floor, on-site parking garage, bike storage room, rentable storage and a beautiful and expansive landscaped common roof deck with stunning views of Manhattan, including the Chrysler, Metropolitan Life and Empire State Buildings. Centrally located near Madison Square Park, the Flatiron District, NoMad and Gramercy Park offering some of the best restaurants, shopping and public transportation. Subletting allowed after two years with annual Board Approval for up to six years. Pied--terres are not allowed. Sorry, no dogs.

Features & Amenities

Interior Features

Dining Area Entrance Foyer Building Washer Dryer Install Allowed Common On Floor Common Area

Exterior Features

Building Courtyard Balcony Building Roof Deck Balcony

Building Information

Stories 8

Financial Details

Maintenance $1,157/mo
Sale Price $595,000

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 charming 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

106

Median Asking Price

$823K

Median $/Sqft

$1,726

Avg Days on Market

N/A

New This Week

10

Price Reduced

35%

Sold (30 Days)

10

Median Sale Price

$880K

Live data from RLS at REBNY • Updated 3/25/26, 8:11 AM EST

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Location

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215 E 24th Street #505, Kips Bay, New York County • Near Third Avenue/Second Avenue

Floor Plans

Floor Plan
MLS® ID: RLS10690885
First Listed: 5/10/1997
Price Changed: 2/5/2021
Closed: 6/22/2021
Contract Date: 1/4/2021

Listing Courtesy of Compass - Lee Ann Jaffee

Listing Contact: (917) 626-2497

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 3/25/2026 at 12:11 PM UTC

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