$299,000
$49K PRICE INCREASE

The Penny Lane 215 E 24th St Unit 615 New York, NY 10010

Kips Bay Neighborhood

Estimated payment $4,023/month

Total Views 1,355,067
1 Bed
1 Bath
1,100 Sq Ft
$272 Price per Sq Ft

Highlights

  • Rooftop Deck
  • City View
  • Laundry Facilities
  • P.S. 116 Mary Lindley Murray Rated A-
  • Garage
  • South Facing Home

About This Home

PLEASE READ BEFORE INQUIRING --RENT STABILIZED--INVESTORS ONLY

PRIME INVESTMENT OPPORTUNITY--INVESTORS ONLY--The apartment is occupied by a rent stabilized tenant.

Rent-stabilization requires automatic renewals and any increases are governed by the Rent Stabilization Board of NY.

Shares: 1290

Current Rent: $2,039.42

Current Maintenance: $2,055.74

This rent-stabilized Loft 2-bedroom, 1-bathroom apartment offers an excellent investment opportunity for long term appreciation. The approximate FREE MARKET value of the apartment is $600,000. After the current tenants move out, you will have the option to sell as is or renovate and sell at a larger profit.

The apartment is south facing and features 12 ft ceilings with floor to ceiling windows. Currently in estate condition and approximately 1,100 sf including the loft, the apartment provides an excellent space in a thriving neighborhood.

Situated on the 6th floor of a full-time doorman/elevator building, this incredible apartment also grants access to the European-style lobby with a concierge and seating area. Additionally, residents can savor breathtaking panoramic city views from the huge roof deck. Convenient amenities include washer/dryer units on each floor, ensuring a comfortable lifestyle.

Located in the highly sought-after Gramercy Park-Kips Bay area, this beautiful home immerses you in the vibrant energy of one of NYC’s liveliest neighborhoods. Within a stone’s throw, you’ll find a plethora of local businesses, restaurants, bars, cafes, supermarkets, and shopping options. Commuting is a breeze with proximity to 6/R/W trains and a short walk to F/M/L/Q/N/4/5 and Union Square Station.

Listing Agent

Mick DiStasio

Elegran LLC License #10401281209

Elegran LLC

Co-Listing Agent

John Dugan

Elegran LLC License #10401288765

Property Details

Home Type

  • Co-Op

Year Built

  • Built in 1977

Lot Details

  • South Facing Home

HOA Fees

  • $2,055 Monthly HOA Fees

Parking

  • Garage

Interior Spaces

  • 1,100 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Listing and Financial Details

  • Legal Lot and Block 6 / 905

Community Details

Overview

  • Kips Bay Subdivision
  • 8-Story Property

Amenities

  • Rooftop Deck
  • Courtyard
  • Laundry Facilities

Property Details

Home Type

Co-Op

Year Built

Built in 1977

Lot Details

0

HOA Fees

$2,055 per month

Listing Details

  • Cross Street: Third Avenue/Second Avenue
  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Kips Bay
  • Entry Level: 6
  • Structure Type: None
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Coop
  • Stories: 8

Interior Features

  • Living Area: 1100.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Storage, Building Courtyard, Building Roof Deck

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Building Multiple Locations, Common Area

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 2055.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Stock Cooperative
  • ResoAssociationFeeFrequency: Monthly

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Total Stories: 8
  • Year Built: 1977

Tax Info

  • Tax Block: 905
  • Tax Lot: 6

Map

About The Penny Lane

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2025 01/20/25 Price Changed $299,000 +19.6% $272 / Sq Ft
11/04/2024 11/04/24 For Sale $250,000 -- $227 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS11019507

Real Estate Board of New York (REBNY)

APN: 00905-0006615

New York New York County New York 10010 Kips Bay

215 E 24th St Unit 615, New York, NY

Homes for Sale in New York, NY

This home is located at 215 E 24th St Unit 615, New York, NY 10010 and is currently priced at $299,000, approximately $271 per square foot. This property was built in 1977. 215 E 24th St Unit 615 is a home located in New York County with nearby schools including P.S. 116 Mary Lindley Murray, Simon Baruch Middle School 104, and Clinton School.

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Mick DiStasio
Listing Agent
Mick DiStasio
Section Image
Elegran LLC
(866) 608-3930