Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
215 E 24TH Street #721
Interested in this property?
Active For Sale Co-op

$500,000

215 E 24TH Street #721

Kips Bay, Manhattan

The Penny Lane

MLS® #RLS20085651

RLS at REBNY

Listing by Brown Harris Stevens Residential Sales LLC

1

Bedroom

1

Bath

N/A

Sq. Ft.

1977

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1977
Ownership Co-op
Maintenance $2,033/mo
Parking Garage
Neighborhood Kips Bay
Floor 7 of 7

Property Highlights

  • Climate Control: Other
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 7 of 7
Cooling Other
Pets Yes
Year Built 1977
Parking Garage Available
Structure Type HighRise
Basement Other
Block/Lot 00905/0006

Listing History

Event Date Price Change
Listed Apr 21, 2026 $500,000 -
Currently Apr 21, 2026 $500,000 -

Description

Residence 721 at Penny Lane is a bright and flexible one-bedroom simplex, currently configured as a two-bedroom with French doors. Located on the 7th floor, the home features open views and excellent natural light throughout.

The renovated kitchen offers stone countertops and ample cabinetry, flowing seamlessly into the living area. The bathroom has also been updated with clean, modern finishes. The adaptable layout provides space for a second bedroom, home office, or nursery.

Penny Lane, a former ice cream factory, is a full-service cooperative with a distinctive London-inspired lobby. Amenities include a 24-hour doorman, live-in superintendent, on-site garage, bike storage, package room, video security, and two laundry rooms per floor. The expansive planted roof deck showcases sweeping skyline views, including the Chrysler, MetLife, and Empire State Buildings.

Ideally located near Gramercy Park and the Flatiron District, just two blocks from the 6 train, and surrounded by excellent dining and shopping.

Co-purchasing, guarantors, and subletting after two years (with board approval) permitted. Sorry, no dogs.

Currently there is an assessment in place for two years $761.21.

Features & Amenities

Interior Features

Common On Floor

Exterior Features

Building Roof Deck

Building Amenities

Bike Storage Cold Storage

Building Information

Building The Penny Lane
Total Units 180
Stories 7
Structure HighRise

Financial Details

Maintenance $2,033/mo

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

128

Median Asking Price

$855K

Median $/Sqft

$1,471

Avg Days on Market

N/A

New This Week

13

Price Reduced

28%

Sold (30 Days)

19

Median Sale Price

$870K

Live data from RLS at REBNY • Updated 4/21/26, 9:18 AM EST

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Location

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215 E 24TH Street #721, Kips Bay, New York County

Floor Plans

Floor Plan

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $2,033 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 1 full bathroom.

According to MLS records, the building was constructed in 1977, making it approximately 49 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 [email protected]. 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: RLS20085651
First Listed: 4/21/2026
On Market: 4/21/2026
Price Changed: 4/21/2026
Contract Date: 4/21/2026

Listing Courtesy of Brown Harris Stevens Residential Sales LLC - David E Perry

Listing Contact: (212) 588-5697

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 4/21/2026 at 1:18 PM UTC

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