The Penny Lane, 215 East 24th Street

Between Third Avenue & Second Avenue

Key Details

Year Built 1977

Building Type Cooperative

Neighborhood Gramercy Park
Total Apartments 179

Total Floors 7

Doorman FT Doorman

Pets Small pets only

N/A

Avg. Price / ft²

Apartments for Sale (5)

N/A

Avg. Price / ft²

Apartments for Rent (2)

$841

Avg. Price / ft²

Recent Sales (5)

Description

One of the city's most unique buildings, The Penny Lane was the original home of the J.M. Horton Ice Cream Factory in the 1920s. Minutes from Gramercy Park and the Flatiron District, this apartment is two blocks from the 6 train and close to many chic restaurants and shops.

Each floor has two laundry rooms. An expansive planted roof deck with amazing views of the Chrysler, Met Life and Empire State Buildings, a 24-hour doorman, live-in super, on-site garage, storage, bike storage, video security, package room and very attentive staff all contribute to making this a great apartment in New York.

Subletting allowed after two years with annual board approval for up to six years. No guarantors or pied-a-terres. No dogs.

Building Amenities

FT Doorman
PT Doorman
Resident Storage
Full Service Garage
Rooftop Terrace
Washer/Dryer in building
Elevator
On-Site Parking
Outdoor Entertainment Space
Bike Room
Live-In Superintendent
Terraces / Balconies

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Apartments for Sale at 215 East 24th Street (5)

Available Apts

$420K - $499K

Price Range

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Avg. Price / ft²

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Apartments for Rent at 215 East 24th Street (2)

Available Apts

$2,400

Prices Start At

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Rating

Out of 44

Out of 36

Out of 39

#38 Rated co-op - Gramercy Park

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Carter Horsley's Review

"This beige-brick apartment building is distinguished for its dark green entrance surround that leads to a large, cute, red-brick lobby that is designed to resemble a London Street that was the subject of a famous popular song, "Penny Lane." Part of the lobby is up several steps and has "streetfronts" and lampposts.

It is notable for having several paddle-tennis courts on its roof." Read Carter's Full Review

Pros

Large lobby designed to resemble English storefronts
Balconies
Tall windows
Good public transportation nearby
Rooftop paddle-tennis courts
Convenient to Flatiron District and its many restaurants
Doorman
Close to Gramercy Park
Close to Subway
Quiet street

Cons

No health club
Many apartments
No sidewalk landscaping

Broker & Buyer Comments

"Full Time DM, 5000 square foot common roof deck, bike storage & garage. Entrance to the building provides a unique experince with lobby level Townhouses Board is standard procedure for re-sales Sponsor allows 90% financing, no board approval and having 20 units remaining. Borders Kipsbay and walking distance to Murrayhill. Park Ave South access to local "6" transit line"

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Area Map | StreetView

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Subways

at Park Ave 0.27 miles

at Broadway 0.43 miles

Sales History

View Full Sales History

Sales Summary - Past 12 Months

View By Apartment Sizes

Past 12 Months

$533,520

Avg. Price
Based on 14 Sales

Closing History - Last 10 sales

Units Sold

$370K - $760K

Price Range

$983

Avg. Price / ft²

View All Closed Transactions

Pricing Comparison of Similar Buildings

View Detailed Comparison

In The Neighborhood: What’s Available & Sales Stats

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371 Available for Sale
$1,781 Avg. Price / Ft²
$1,914,024 Avg. Price
$999,000 Median Price

Most Expensive Rose Hill Apt PHA | $18,750,000
Price / ft² $4,267
Least Expensive Rutherford Place Apt C11 | $199,000
Price / ft² $632

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52 Available for Rent
$74 Avg. Price / Ft²
$6,038 Avg. Price
$4,100 Median Price

Most Expensive Rutherford Place Apt PH902 | $25,000
Price / ft² $136
Least Expensive Sage House Apt 8N | $2,300

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Data is based on sales from past 12 months and only transactions for which we have approximate square footage information available are included above

Not enough data available to generate chart.

361 Total Sales
$1,419 Avg. Price / Ft²
$1,640,925 Avg. Price
$1,195,813 Median Price

Most Expensive The Tower at Gramercy Square Apt PH | $19,500,000
Price / ft² $2,790
Least Expensive Gramercy East Apt 8M | $357,500
Price / ft² $894

The Penny Lane in the News

From Great Listings Balconied bargains under $750K include Gramercy Park duplex ideal for live-work

Thursday, April 2, 2020

From Great Listings Fall in love with these NYC apartments with Juliet balconies for Valentine's Day

Wednesday, February 12, 2020

Alternate Addresses

205 East 24 Street
215 East 14 Street

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The Penny Lane, 215 East 24th Street

Between Third Avenue & Second Avenue

Key Details

Description

Building Amenities

Apartments for Sale at 215 East 24th Street (5)

Apartments for Rent at 215 East 24th Street (2)

Rating

Architecture Rating: 16 / 44

Location Rating: 18 / 36

Features Rating: 13 / 39

CityRealty Rating Reference

Carter Horsley's Review

Broker & Buyer Comments

Area Map | StreetView

Subways

Sales History

Sales Summary - Past 12 Months

Closing History - Last 10 sales

Pricing Comparison of Similar Buildings

In The Neighborhood: What’s Available & Sales Stats

The Penny Lane in the News

Alternate Addresses

Similar Buildings

Nearby Apartments

Buy & Sell

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