$590,000
SOLD DEC 3, 2024
1 Bed
1 Bath
750 Sq Ft
$1,774/mo HOA Fee

Recently Sold

$787 Per Sq Ft

1% Below List Price

107 Days on Market

Highlights

  • Rooftop Deck
  • City View
  • Garage
  • P.S. 116 Mary Lindley Murray Rated A-
  • Balcony
  • North Facing Home

About This Home

As of December 2024

This stunning, renovated home offers an open layout with dramatic ceiling heights up to 16 feet. The first level features a fully equipped kitchen with Caesar stone countertops, excellent cabinet space as well as a dining area that can also be used as a home office. The second level stretches over 16 feet wide and boasts large floor to ceiling windows with Northern Exposure and a sliding glass door opening onto a Juliet balcony. The entire third level has a generously-sized bedroom with plenty of room for a King Size Bed, and an entire 13 foot wall of customized Elfa closets! The renovated bath has a slate tile floor with great storage. Other features include bamboo floors, a striking open staircase, and an abundance of customized storage .



Once an Ice-Cream factory, Penny Lane has been transformed into a full-service building. Located minutes from Gramercy Park and the Flatiron district, this apartment is 2 blocks from the 6 train and minutes from many chic restaurants and shops. The renovated lobby resembles a London street. Each floor has Two Laundry Rooms; there is an Expansive Planted Roof Deck with Amazing Views of the Chrysler, Met Life and Empire State Buildings: Perfect for entertaining and relaxation. 24 Hour Doorman, Live-In Super, On-Site Garage, Bike Storage, Video Security, Package Room and very attentive staff all contribute to making this a great home in New York. Sorry, no dogs or pied a terres. Guarantors and co-purchases allowed. Subletting allowed after two years of ownership for up to 6 years with annual Board Approval.

Last Agent to Sell the Property

Elise Ehrlich

Brown Harris Stevens Residential Sales LLC License #10401343622 Listed on: 04/30/2024

Brown Harris Stevens Residential Sales LLC

Property Details

Home Type

  • Co-Op

Year Built

  • Built in 1977

HOA Fees

  • $1,774 Monthly HOA Fees

Parking

  • Garage

Interior Spaces

  • 750 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Balcony
  • North Facing Home
  • No Cooling

Listing and Financial Details

  • Legal Lot and Block 0006 / 00905

Community Details

Overview

  • 180 Units
  • High-Rise Condominium
  • The Penny Lane Condos
  • Kips Bay Subdivision
  • 7-Story Property

Amenities

  • Rooftop Deck

Property Details

Home Type

Co-Op

Year Built

Built in 1977

Lot Details

0

HOA Fees

$1,774 per month

Listing Details

  • Exposures: North
  • Property SubType: Triplex
  • Property Type: Residential
  • Neighborhood: Kips Bay
  • Entry Level: 526
  • Unit Levels: Tri-Level
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Coop
  • Stories: 7

Interior Features

  • Fireplace: No
  • Living Area: 750.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3
  • Basement: No
  • Basement: Other

Beds/Baths

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

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Balcony, Building Roof Deck
  • Patio/Porch Features: None, Balcony

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Common On Floor
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1774.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Stock Cooperative
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: The Penny Lane
  • Units: 180
  • Total Stories: 7
  • Year Built: 1977

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 00905
  • Tax Lot: 0006

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 List to Sale Price per Sq Ft Prior Sale
12/03/2024 12/03/24 Sold $590,000 -0.8% $787 / Sq Ft
08/16/2024 08/16/24 Pending -- -- --
04/30/2024 04/30/24 For Sale $595,000 -17.9% $793 / Sq Ft
08/06/2014 08/06/14 Sold -- -- -- View Prior Sale
04/09/2014 04/09/14 Pending -- -- --
04/09/2014 04/09/14 For Sale $725,000 -- --
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10960209

Real Estate Board of New York (REBNY)