SOLD FOR $325,000
· Sold at asking price · Closed June 20, 2023
$325,000
215 E 24TH Street #823
THE PENNY LANE
MLS® #RLS10860509
Listing by Corcoran Group
Studio
1
Bath
N/A
Sq. Ft.
1977
Year Built
Sale Details
Property Summary
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.
Property Details
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Listing courtesy of Shannon Aalai at Corcoran Group. 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. This 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.