$325,000
SOLD JUN 20, 2023

The Penny Lane 215 E 24th St Unit 823 New York, NY 10010

Kips Bay Neighborhood
-- Bed
1 Bath
-- Sq Ft
$1,025/mo HOA Fee

Recently Sold

12% Below List Price

48 Days on Market

Highlights

  • Garage
  • P.S. 116 Mary Lindley Murray Rated A-
  • North Facing Home

About This Home

As of June 2023

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.

Last Agent to Sell the Property

Shannon Aalai

Corcoran Group License #40AA0973856 Listed on: 02/15/2023

Corcoran Group

Co-Listed By

Jana Angelakis

Corcoran Group License #10401214496

Property Details

Home Type

  • Co-Op

Year Built

  • Built in 1977

HOA Fees

  • $1,025 Monthly HOA Fees

Parking

  • Garage

Additional Features

  • 1 Full Bathroom
  • North Facing Home

Community Details

  • 180 Units
  • The Penny Lane Condos
  • Gramercy Park Subdivision
  • 7-Story Property

Listing and Financial Details

  • Tax Block 00905

Property Details

Home Type

Co-Op

Year Built

Built in 1977

Lot Details

0

HOA Fees

$1,025 per month

Listing Details

  • Cross Street: 3 AVENUE and 2 AVENUE
  • Exposures: North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Gramercy Park
  • Entry Level: 8
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Coop
  • Stories: 7

Interior Features

  • Rooms (Total): 2

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1

Garage/Parking

  • Garage: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1025.0
  • 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

Tax Info

  • Tax Block: 00905

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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
06/25/2025 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)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2025

    Steven Clair

    Serhant

  • J

    Seller Co-Listing Agent in 2025

    Jacqueline Nguyen

    Serhant

  • S

    Seller's Agent in 2023

    Shannon Aalai

    Corcoran Group

  • J

    Seller Co-Listing Agent in 2023

    Jana Angelakis

    Corcoran Group

See All Agents

About The Penny Lane

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10860509

Real Estate Board of New York (REBNY)

APN: 00905-0006823

New York New York County New York 10010 Kips Bay

215 E 24th St Unit 823, New York, NY

This home is located at 215 E 24th St Unit 823, New York, NY 10010 and is currently priced at $325,000. This property was built in 1977. 215 E 24th St Unit 823 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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