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240 East 24th Street is a pre-war co-op building in Manhattan's Gramercy Park neighborhood, completed in 1938 and converted in 1950. The 5-story walk-up building contains 35 units and offers amenities such as an intercom, outdoor entertainment space, courtyard, and live-in superintendent. Currently, 3 apartments are for sale.
240 East 24th Street is a pre-war co-op building located in the vibrant Kips Bay neighborhood of Manhattan. Completed in 1938 and converted in 1950, this five-story walk-up features 35 units and offers a range of amenities including a live-in superintendent, intercom system, and a shared courtyard with BBQ facilities. The building's prime location provides easy access to major transportation options and is in close proximity to educational institutions such as NYU and Baruch College.
The apartments at 240 East 24th Street are characterized by their spacious layouts and classic pre-war details. Many units feature high ceilings, hardwood floors, and oversized windows that allow for abundant natural light. Common features include generous living spaces, well-appointed kitchens with full-size appliances, and ample storage options. Notably, some apartments have been recently renovated, showcasing modern finishes while retaining their original charm.
This building is particularly appealing to both end-users and investors, as it allows for flexible subletting policies after three years of ownership, with no board interview required for certain units. The pet-friendly policy and the absence of a flip tax further enhance its attractiveness. Residents enjoy a quiet atmosphere, with many units facing serene courtyards or tree-lined streets, making it a desirable choice for those seeking a peaceful urban retreat.
Noteworthy for its community feel, 240 East 24th Street is well-maintained and offers a friendly environment, making it an ideal home for a diverse range of residents, from young professionals to families. The building's location also provides easy access to local amenities, including Trader Joe's, Fairway Market, and various parks, ensuring a convenient and enjoyable lifestyle.
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For some co-ops, instead of price per square foot, we use an estimate of the number of rooms for each sold apartment to chart price changes over time. This is because many co-op listings do not include square footage information, and this makes it challenging to calculate accurate square-foot averages.
By displaying the price per estimated room count, we are able to provide a more reliable and consistent metric for comparing sales in the building. While we hope that this gives you a clearer sense of price trends in the building, all data should be independently verified. All data provided are only estimates and should not be used to make any purchase or sale decision.
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