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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
Avg. Price / ft2
$49
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
$395K - $2M
Price Range
$940
Avg. Price / ft2
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Apartments for Rent at 215 East 24th Street (11)

11
Available Apts
$1,925
Prices Start At
$49
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
  • #39 Rated co-op - Gramercy Park
 
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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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More Neighborhood Info

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
$600,169
Avg. Price
Based on 2 Sales
 

Closing History - Last 10 sales

10
Units Sold
$375K - $800K
Price Range
$917
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.
  • 400 Available for Sale
  • $1,682 Avg. Price / Ft2
  • $2,027,696 Avg. Price
  • $1,125,000 Median Price
  1. Most Expensive 78 Irving Place Apt PH | $37,500,000
    Price / ft2 $4,759
  2. Least Expensive 323 East 21st Street Apt 3A | $279,000
Not enough data available to generate chart.
  • 244 Available for Rent
  • $65 Avg. Price / Ft2
  • $4,775 Avg. Price
  • $3,500 Median Price
  1. Most Expensive 234 East 23rd Street Apt SkyLoft | $32,500
    Price / ft2 $94
  2. Least Expensive Apt 2D | $1,550
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.
  • 212 Total Sales
  • $1,398 Avg. Price / Ft2
  • $1,389,845 Avg. Price
  • $830,000 Median Price
  1. Most Expensive 121 E 22nd Apt NPH1 | $9,500,000
    Price / ft2 $3,119
  2. Least Expensive 224 East 18th Street Apt 3B | $335,000

Alternate Addresses

  • 205 East 24 Street
  • 215 East 14 Street

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