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A blog from CityRealty (Links below will take you to the 6sqft site)

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
N/A
Avg. Price / ft2
Avg. Price / ft2

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.

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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

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

5
Available Apts
$420K - $499K
Price Range
N/A
Avg. Price / ft2
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Apartments for Rent at 215 East 24th Street (2)

2
Available Apts
$2,400
Prices Start At
N/A
Avg. Price / ft2
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Rating

16
Out of 44

Architecture Rating: 16 / 44

+
18
Out of 36

Location Rating: 18 / 36

+
13
Out of 39

Features Rating: 13 / 39

=
47

CityRealty Rating Reference

 
Architecture
  • 30+ remarkable
  • 20-29 distinguished
  • 11-19 average
  • < 11 below average
 
Location
  • 27+ remarkable
  • 18-26 distinguished
  • 9-17 average
  • < 9 below average
 
Features
  • 22+ remarkable
  • 16-21 distinguished
  • 9-15 average
  • < 9 below average
  • #38 Rated co-op - Gramercy Park
 

Carter Horsley's Review

Carter Horsley's Building 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
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Subways

  1. 6
at Park Ave 0.27 miles
  1. N
  2. R
at Broadway 0.43 miles
 

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

10
Units Sold
$370K - $760K
Price Range
$983
Avg. Price / ft2

Pricing Comparison of Similar Buildings

View Detailed Comparison

In The Neighborhood: What’s Available & Sales Stats

Not enough data available to generate chart.
  • 371 Available for Sale
  • $1,781 Avg. Price / Ft2
  • $1,914,024 Avg. Price
  • $999,000 Median Price
  1. Most Expensive Rose Hill Apt PHA | $18,750,000
    Price / ft2 $4,267
  2. Least Expensive Rutherford Place Apt C11 | $199,000
    Price / ft2 $632
Not enough data available to generate chart.
  • 52 Available for Rent
  • $74 Avg. Price / Ft2
  • $6,038 Avg. Price
  • $4,100 Median Price
  1. Most Expensive Rutherford Place Apt PH902 | $25,000
    Price / ft2 $136
  2. Least Expensive Sage House Apt 8N | $2,300
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
  1. Most Expensive The Tower at Gramercy Square Apt PH | $19,500,000
    Price / ft2 $2,790
  2. Least Expensive Gramercy East Apt 8M | $357,500
    Price / ft2 $894

Alternate Addresses

  • 205 East 24 Street
  • 215 East 14 Street

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