Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $415,000

· Closed November 9, 2021

215 E 24TH Street #723
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Closed For Sale Co-op

$415,000

215 E 24TH Street #723

Kips Bay, Manhattan

THE PENNY LANE

MLS® #RLS10932014

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 $908/mo
Parking Garage
Neighborhood Kips Bay

Property Highlights

  • Views: City
  • Outdoor Space: None, Balcony
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
View City
Pets Yes
Year Built 1977
Parking Garage Available
Structure Type HighRise
Basement Other
Parcel # 0905-0006-00215-000-0000723
Block/Lot 00905/0006

Description

A rare find. Welcome to unit 723, a high floor studio at the Penny Lane with a Juliet balcony providing unobstructed views of the Chrysler building.

This very spacious and bright residence features an entry way with no less than three large closets, high ceilings, new updated flooring, through wall air-conditioning, floor-to-ceiling glass sliding doors, and beautiful city views. The expansive living area includes a bright and functional kitchen, a separate alcove ideal for an office, a lounge area which easily accommodates a large couch, and an expansive bedroom area with space for a king or queen-size bed. The charming kitchen has an island which provides cabinetry on both sides as well as above and below the counter. Three modern pendant lights, a glass tile backslash, three stools, and breakfast bar provide the perfect entertaining area. Charm abounds with a wall of brick in the living area leading to a perfect little alcove bonus area. The residence also accommodates bookcases, armoires and additional furniture.

Wake up to gorgeous views of the Chrysler building in your bedroom. There is ample space to use dividers or glass sliding doors to section off a sleeping chamber. The bathroom has been recently updated with a brand new vanity with storage and a medicine cabinet. There is a laundry facility on the seventh floor. For outdoor space, go up only one floor to the building's sprawling roof deck.

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, on-site parking garage with discounted rates for residents, 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 Gramercy Park, the Flatiron District, and NoMad offering some of the best restaurants, shopping, supermarkets including Eataly and Trader Joe's, and public transportation 6, N, R, W. Subletting allowed after two years with Board Approval for a six-year period. Sorry, no dogs.

Features & Amenities

Interior Features

Common On Floor

Exterior Features

Balcony Building Roof Deck Juliet Balcony None Balcony

Building Information

Building THE PENNY LANE
Total Units 180
Stories 7
Structure HighRise

Financial Details

Maintenance $908/mo
Original Price $425,000
Sale Price $415,000

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, 1:46 AM EST

Similar Listings in Kips Bay

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Location

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215 E 24TH Street #723, Kips Bay, New York County

Floor Plans

Floor Plan
MLS® ID: RLS10932014
First Listed: 1/18/2022
On Market: 1/15/2021
Price Changed: 1/18/2022
Closed: 11/9/2021
Contract Date: 2/24/2021

Listing Courtesy of Corcoran Group - Michael Soheil

Listing Contact: (917) 573-7273

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.

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RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 3/25/2026 at 5:46 AM UTC

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