$375,000
OPEN SUN 12PM - 1PM

Estimated payment $3,452/month

Total Views 14
-- Bed
1 Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Garage
  • Laundry Facilities
  • No Heating
  • P.S. 116 Mary Lindley Murray Rated A-

About This Home

Make your home on a charming tree-lined street where Kips Bay meets Gramercy Park in this sunny south-facing studio loft with excellent storage at Penny Lane, a congenial full-service cooperative.This smartly arranged studio welcomes you inside with hardwood floors, 10-foot-tall ceilings and a wonderful Juliet balcony with a sliding glass door framing open-sky views. The main living area offers a generous footprint for seating, dining and office areas, while stairs lead to a convenient storage/sleeping loft above. The convenient pass-through kitchen features great cabinet space, granite counters, a gas range, a refrigerator and a ceiling fan. In the bathroom, you'll find a large tub/shower and a roomy vanity cabinet. Three oversized closets in the foyer and three more in the living area ensure storage will never be a concern in this sunny studio sanctuary.Penny Lane is a Tudor-inspired postwar co-op with a lobby designed to resemble a charming London street. Residents enjoy low monthly maintenance, 24-hour doorman service, a live-in superintendent, basement storage and bike room, two laundry rooms on each floor, an on-site parking garage with direct building access, and a stellar roof deck with panoramic views of the iconic skyline. Subletting after two years, co-purchasing, gifting and pieds-à-terre are permitted with board approval. Cats allowed; sorry, no dogs.Set on a lovely block with commanding views of the Met Life clocktower, this Kips Bay home enjoys immediate proximity to the fantastic shopping, dining and nightlife venues in NoMad, the Flatiron District, Chelsea and Gramercy. Head to Madison Square Park for outdoor space and events, or enjoy Union Square's fantastic year-round greenmarket. Transportation from this accessible neighborhood is excellent with 6, N/R/W and L trains, multiple bus lines, two East River ferry landings and CitiBikes all within easy reach.

Listing Agent

Kai Dailey

Compass License #10401351375 Listed on: 06/19/2025

Compass

Co-Listing Agent

Dylan Hoffman

Compass License #10301208704

Co-Listing Agent

Andrew Corso

Compass License #10401230114

Open House Schedule

Property Details

Home Type

  • Co-Op

Year Built

  • Built in 1976

HOA Fees

  • $988 Monthly HOA Fees

Parking

  • Garage

Bedrooms and Bathrooms

  • 1 Full Bathroom

Utilities

  • No Cooling
  • No Heating

Listing and Financial Details

  • Legal Lot and Block 0006 / 00905

Community Details

Overview

  • 180 Units
  • Kips Bay Subdivision
  • 7-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Co-Op

Year Built

Built in 1976

Lot Details

0

HOA Fees

$988 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Kips Bay
  • Entry Level: 1
  • Structure Type: Multi Family
  • Special Features: OpenHouse
  • Property Sub Type: Coop
  • Stories: 7

Interior Features

  • Fireplace: No
  • Living Area Units: Square Feet
  • Rooms (Total): 1

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1

Exterior Features

  • View: No

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Parking Features: Garage

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Building Multiple Locations, Common On Floor, Common Area
  • Green Building Features: Elevator(s)
  • Cooling: No
  • Heating: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 988.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Stock Cooperative

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 224.580000x98.750000

Building Info

  • New Construction: No
  • Units: 180
  • Total Stories: 7
  • Year Built: 1976

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 00905
  • Tax Lot: 0006

Map

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
06/19/2025 06/19/25 For Sale $375,000 -8.5% --
06/26/2015 06/26/15 Sold -- -- --
05/27/2015 05/27/15 Pending -- -- --
01/23/2015 01/23/15 For Sale $410,000 -- --
Source: Real Estate Board of New York (REBNY)

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20031842

Real Estate Board of New York (REBNY)