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A blog from CityRealty (Links below will take you to the 6sqft site)
There are 3 apartments for sale/rent at 215 East 24th Street (last updated on May 16, 2022)

The Penny Lane, 215 East 24th Street

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

Description 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.

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Building Facts

  • Year Built: 1977
    Building Type: Co-op
    Neighborhood: Gramercy Park (Manhattan)
    Minimum Down Payment: 20%
  • Total Apartments: 179
    Total Floors: 7
    Doorman: FT Doorman
    Pets: Small pets only

Apartment Pricing Stats

Avg. Price / ft2
Avg. Price / ft2
Avg. Price / ft2

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 (2)

2
Available Apts
$410K - $2.75M
Price Range
$1,528
Avg. Price / ft2
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Apartments for Rent at 215 East 24th Street (1)

1
Available Apts
$3,500
Prices Start At
$105
Avg. Price / ft2
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The Penny Lane: 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 of The Penny Lane

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
$536,429
Avg. Price
Based on 7 Sales
 

Closing History - Last 10 sales

10
Units Sold
$370K - $830K
Price Range
$899
Avg. Price / ft2

Pricing Comparison of Similar Buildings

View Detailed Comparison

Alternate Addresses

  • 205 East 24 Street
  • 215 East 14 Street

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For More Information
Are you ready to tour The Penny Lane?
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