Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $325,000

· Closed June 20, 2023

215 E 24TH Street #823
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Closed For Sale Co-op

$325,000

215 E 24TH Street #823

Gramercy Park, Manhattan

THE PENNY LANE

MLS® #RLS10860509

RLS at REBNY

Listing by Corcoran Group

Studio

1

Bath

N/A

Sq. Ft.

1977

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Year Built 1977
Ownership Co-op
Maintenance $1,025/mo
Parking Garage
Neighborhood Gramercy Park
Floor 8 of 7

Property Highlights

  • Exposure: North facing
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 8 of 7
Exposure North
Pets Yes
Cross Street 3 AVENUE and 2 AVENUE
Year Built 1977
Parking Garage Available
Parcel # 0905-0006-00215-000-0000823

Description

Massive Price Reduction! Owner Says Sell...Penny Lane is one of the most sought-after coop buildings in Gramercy Park and you have the rare opportunity to purchase this huge sun filled top-floor studio that has spectacular open views of the Chrysler Building and a little bit of the Empire State Building too. Because 823 needs work you save a bundle. No doubt about it, apartment 823 has good "bones" just look at that virtually staged photo of the living space...WOW! The bathroom needs to be renovated for sure, but the kitchen with the stainless-steel refrigerator and the brand new 3-burner cooktop is definitely functional the way it is. The apartment needs some "love" and that is why the asking price is so low and being sold "AS IT IS". What makes this an even more attractive purchase, is the LOW monthly maintenance of $1025/month AND there is NO FLIP TAX! Also, another huge bonus is 823 is the end unit so the common roof deck is literally right outside your door. It is as close as you can get to having a private outdoor space without it being attached to your apartment. Some of the other great features of the apartment include the extraordinary closet space, open kitchen, Juliette balcony and the huge rectangular living space which is as big as some one-bedroom apartments. Building amenities and services include 24/7 doorman, live-in resident manager, laundry on EVERY floor, roof deck, on-site garage (special rate for shareholders), bike storage (nominal annual fee) and storage cages (monthly fee). If you are looking to buy your first home, tired of renting when you can own for less, like the idea of purchasing a "fixer upper" and making it your own, then you need to schedule a showing today because this apartment will be gone tomorrow.

Building Information

Building THE PENNY LANE
Total Units 180
Stories 7

Financial Details

Maintenance $1,025/mo
Original Price $369,000
Sale Price $325,000
Previous Price $350,000

Gramercy Park is one of New York City’s most storied and picturesque neighborhoods, centered around the only private park in Manhattan. The area exudes old-world charm with its gas-lit streets and impeccably preserved 19th-century architecture. While the park itself is private, the surrounding real estate offers a mix of historic brownstones, elegant pre-war cooperatives, and boutique new developments that cater to those seeking a tranquil urban retreat.

Gramercy Park Live Market Data

View Neighborhood

Active Listings

168

Median Asking Price

$1.21M

Median $/Sqft

$1,767

Avg Days on Market

N/A

New This Week

10

Price Reduced

26%

Sold (30 Days)

16

Median Sale Price

$895K

Live data from RLS at REBNY • Updated 3/24/26, 7:57 AM EST

Similar Listings in Gramercy Park

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Location

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215 E 24TH Street #823, Gramercy Park, New York County • Near 3 AVENUE and 2 AVENUE

Floor Plans

Floor Plan
MLS® ID: RLS10860509
First Listed: 2/15/2023
Price Changed: 6/24/2023
Closed: 6/20/2023
Contract Date: 2/15/2023

Listing Courtesy of Corcoran Group - Shannon Aalai

Listing Contact: (917) 405-0254

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 3/24/2026 at 11:57 AM UTC

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