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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
N/A
Avg. Price / ft2
N/A
Avg. Price / ft2
$883
Avg. Price / ft2

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
 

Description

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.

The building is only 7 stories tall but quite long and has 179 apartments. It was built in 1977 and converted to a cooperative in 1988.

It is notable for having several paddle-tennis courts on its roof.

The building has a doorman, many balconies and very tall windows and discrete air-conditioners. It has no sidewalk landscaping but 10 large lanterns attached to the side of the building, which is across the street from some rather plain low-rise apartment buildings.

This location is not far from the charming Gramercy Park and Flatiron Districts with their many impressive restaurants and stores and a new Baruch College building between Lexington and Third Avenue is a very unusual and dramatic structure with a curved form and a bright metal top.

There is good public transportation in this neighborhood.

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Building Amenities

  • FT Doorman
  • PT Doorman
  • Basement Storage
  • Full Service Garage
  • Roof Deck
  • 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 (3)

3
Available Apts
$399K - $829K
Price Range
N/A
Avg. Price / ft2
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Apartments for Rent at 215 East 24th Street (3)

3
Available Apts
$2,850
Prices Start At
N/A
Avg. Price / ft2
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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.
The building is only 7 stories tall but quite long and has 179 apartments. It was built in 1977 and converted to a cooperative in 1988." 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
$492,642
Avg. Price
Based on 4 Sales
 

Closing History - Last 10 sales

View All Closed Transactions
10
Units Sold
$375K - $735K
Price Range
$953
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.
  • 447 Available for Sale
  • $1,793 Avg. Price / Ft2
  • $2,114,924 Avg. Price
  • $1,495,000 Median Price
  1. Most Expensive 65 Irving Place Apt | $21,500,000
  2. Least Expensive 317 East 18th Street Apt 5B | $315,000
Not enough data available to generate chart.
  • 81 Available for Rent
  • $77 Avg. Price / Ft2
  • $6,539 Avg. Price
  • $4,750 Median Price
  1. Most Expensive 18 Gramercy Park South Apt 14FL | $45,000
    Price / ft2 $128
  2. Least Expensive 323 East 21st Street Apt 5M | $1,900
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.
  • 394 Total Sales
  • $1,594 Avg. Price / Ft2
  • $1,490,520 Avg. Price
  • $1,165,494 Median Price
  1. Most Expensive 1 Lexington Avenue Apt 5/6B | $7,600,000
  2. Least Expensive 210 East 21st Street Apt 5B | $310,000
    Price / ft2 $954

Alternate Addresses

  • 205 East 24 Street
  • 215 East 14 Street

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