$400,000
PENDING $35K PRICE DROP

Estimated payment $3,684/month

Total Views 3,085
-- Bed
1 Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

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

About This Home

Discover the charm of the Penny Lane co-op, a one-of-a-kind building where historic elegance meets modern sophistication in the vibrant heart of Kips Bay. Perched on the top floor, this exceptional studio is more than just a home-it's your private sanctuary above the city.

Completely renovated with impeccable attention to detail, this space redefines urban living. The expansive open kitchen is designed for the discerning chef and entertainer alike, seamlessly blending form and function. Floor-to-ceiling windows bathe the apartment in sunlight, offering breathtaking views of the iconic Chrysler Building-a daily reminder that you're living at the pinnacle of Manhattan luxury.

But the real pi ce de r sistance? A sprawling rooftop just steps from your front door. Whether you're hosting an intimate soir e under the stars or sipping your morning espresso while taking in the city skyline, this rooftop escape offers unmatched serenity above the hustle and bustle of the streets below.

Living at Penny Lane means access to an array of premium amenities: a 24-hour doorman, an expansive roof deck with jaw-dropping views, a private attached garage, a live-in resident manager, convenient bike storage, and laundry facilities on every floor. Subletting is allowed after two years for up to six years.

Plus, with no flip tax, this is an investment opportunity as smart as it is stylish.

Located moments from the buzz of NoMad and the lush greenery of Madison Square Park, you'll have the city's best dining, shopping, and entertainment at your fingertips. Commuting is effortless with the 6, R, W, and Union Square transit hubs just steps away.

This isn't just a home-it's a lifestyle upgrade. If you're ready to experience the allure of Manhattan living at its finest, don't wait.

Schedule a showing today and claim the next chapter of your New York City story...

Listing Agent

Steven Clair

Serhant License #10401214165 Listed on: 01/23/2025

Serhant

Co-Listing Agent

Jacqueline Nguyen

Serhant License #10401360786

Property Details

Home Type

  • Co-Op

Year Built

  • Built in 1977

HOA Fees

  • $1,172 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 8th floor

Additional Features

  • 1 Full Bathroom
  • Balcony
  • North Facing Home
  • No Cooling

Listing and Financial Details

  • Legal Lot and Block 0016 / 01824

Community Details

Overview

  • High-Rise Condominium
  • The Penny Lane Condos
  • Kips Bay Subdivision
  • 8-Story Property

Amenities

  • Rooftop Deck

Property Details

Home Type

Co-Op

Year Built

Built in 1977

Lot Details

0

HOA Fees

$1,172 per month

Listing Details

  • Exposures: North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Kips Bay
  • Entry Level: 8
  • Structure Type: High Rise
  • Special Features: VirtualTour
  • Property Sub Type: Coop
  • Stories: 8

Interior Features

  • Fireplace: No
  • Living Area Units: Square Feet
  • Rooms (Total): 2
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1

Exterior Features

  • View: City Lights, City, Panoramic
  • View: Yes
  • Exterior Features: Balcony, Building Roof Deck, Private Outdoor Space Under 60 Sqft
  • Patio/Porch Features: None, Balcony

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Common On Floor
  • Cooling: Other
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1172.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Stock Cooperative

Lot Info

  • Zoning Description: R8B

Building Info

  • New Construction: No
  • Building Name: The Penny Lane
  • Total Stories: 8
  • Year Built: 1977

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 01824
  • Tax Lot: 0016

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
06/25/2025 06/25/25 Price Changed $400,000 -3.6% --
05/09/2025 05/09/25 Pending -- -- --
02/13/2025 02/13/25 Price Changed $415,000 -4.6% --
01/23/2025 01/23/25 For Sale $435,000 +33.8% --
06/20/2023 06/20/23 Sold $325,000 -7.1% --
04/05/2023 04/05/23 Pending -- -- --
03/22/2023 03/22/23 Price Changed $350,000 -5.1% --
02/15/2023 02/15/23 For Sale $369,000 -- --
Source: Real Estate Board of New York (REBNY)

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS11030528

Real Estate Board of New York (REBNY)

APN: 00905-0006823