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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

  • Apartments For Sale (7)
  • For Rent (1)
  • Recent Sales (37)
  • All Units in Building (179)
Unit #
Beds
Baths
Size
Price / Ft2
Price
Listed on
Days on Market
Apt. 220
(12 Photos)
1 bed
1 bath
$539,000
Dec 4, 2024
11 days
Apt. 615
(5 Photos)
1 bed
1 bath
1,100 ft2
$227
$250,000
Nov 5, 2024
40 days
Apt. 101
(8 Photos)
1 bed
1 bath
$699,000 -4.9%
Nov 1, 2024
44 days
Apt. 617
(7 Photos)
1 bed
1 bath
$549,000
Sep 24, 2024
82 days
Apt. 712
(14 Photos)
Studio
1 bath
500 ft2
$798
$399,000 -6.1%
Sep 19, 2024
87 days
Apt. 114
(14 Photos)
2 beds
1.5 baths
850 ft2
$822
$699,000 in contract
Sep 10, 2024
96 days
Apt. 507
(5 Photos)
1 bed
1 bath
$595,000 in contract
Jan 30, 2024
320 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.

Learn more about off-market listings at The Penny Lane!

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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.

Pricing Comparison of Similar Buildings

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Editorial Coverage

Alternate Addresses

  • 205 East 24 Street
  • 215 East 14 Street
1289 Lexington Avenue
at The Northeast corner of East 86th Street
Carnegie Hill
Refined Residences that Redefine life on Lexington Avenue.
Learn More