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The Penny Lane, 215 East 24th Street - Gramercy Park
The Penny Lane, 215 East 24th Street - Gramercy Park
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215 East 24th Street

The Penny Lane,
215 East 24th Street

Doorman Co-op located in Gramercy Park, between Third Avenue & Second Avenue  Map

  • Apartments For Sale (5)
  • For Rent (1)
  • Recent Sales (30)
  • All Units in Building (179)
Unit #
Beds
Baths
Size
Price / Ft2
Price
Listed on
Days on Market
Apt. 412A
(8 Photos)
Studio
1 bath
$375,000
Jun 19, 2025
2 days
Apt. 617
(7 Photos)
1 bed
1 bath
$529,000
May 28, 2025
24 days
Apt. 308309
(11 Photos)
2 beds
2 baths
$1,099,000
Mar 19, 2025
94 days
Apt. 226227
(15 Photos)
2 beds
2 baths
$1,495,000 -6.3%
Feb 28, 2025
113 days
Apt. 823
(12 Photos)
Studio
1 bath
$415,000 -4.6%
Jan 23, 2025
149 days
Unit #
Beds
Baths
Size
Price / Ft2
Price
Listed on
Days on Market
Unit #
Beds
Baths
Size
Closing Price
Price / Ft2
Asking Price
Sold on
Show More Closed Sales

Overview of The Penny Lane at 215 East 24th Street

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.

Year Built
1977
Apartments
179
Floors
7
Pets: Small pets only
Neighborhood
Min Down
20%
179Apartments
View All Past
Sales & Rentals
in 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

Shh... Many units sell without being publicly listed.

Interested in off-market listings at The Penny Lane? Some previously listed residences might be available – contact us for insider details on potential opportunities!

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Nearby Subways

  1. 6
at Park Ave 0.26 miles
  1. N
  2. R
at Broadway 0.42 miles

Carter’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 Full Review

Pros & Cons

  • 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
  • No health club
  • Many apartments
  • No sidewalk landscaping

CityRealty Rating

16
/44
Architecture
+
18
/36
Location
+
13
/39
Features
=
47
CITYREALTY
RATING
  • How is the CityRealty Rating calculated?

    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

Broker & Buyer Comments

This "distinctive" residential address boasts a "spectacular" 5,000-square-foot common roof deck and makes an "impressive first impression" with its unique lobby-level townhouses. The "well-situated" building, nestled between Kips Bay and Murray Hill, offers "convenient amenities" including bike storage and garage parking, while the Park Avenue South location provides "easy access" to the 6 train. A "flexible" board policy allows 90% financing.

Sales History

Price/Room (Est)

Why are we displaying the estimated price per room?

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.

Price/Ft2 (Est)
View Full Closing History

Sales History by Apartment Size

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Pricing Comparison of Similar Buildings

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Editorial Coverage

Alternate Addresses

  • 205 East 24 Street
  • 215 East 14 Street
  • 215 East24th Street
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between Second Avenue & Third Avenue
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