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The Penny Lane, 215 East 24th Street, #103

$799,000 -9.2% | Studio, 1 bath
View Full Building Profile  | 
101 days on Market

Key Details

  • Listed: Feb 16, 2024
    Last Price Change: -0.1% ($1,000) on Feb 27
    Days on Market: 101
    Building Type: Cooperative
    Neighborhood: Gramercy Park (Manhattan)
    Doorman: FT Doorman
    Listing viewed 183 times
Monthly Maintenance: $1,550
Est. Monthly Mortgage: $4,309
Total Est. Monthly Carrying Cost: $5,859
Note: the above is based on a down payment of 20% ($159,800), which is the minimum amount permitted by the building.

Description

Welcome to your new, gut renovated home, located in the Penny Lane building - a former ice cream factory, with a fairytale lobby and full-time doorman. This apartment has all the features of a detached home in the burbs, but is right on the boarder of Gramercy and Kips Bay.

Enter into a private foyer, highlighting the over 11’ ceilings, custom lighting and wide plank, engineered, oak flooring.

In the foyer, floor to ceiling glass doors conceal the custom closet, with enough adjustable storage for suitcases, shoes, boots, summer and winter clothes - no more trips to storage, although there is additional storage available in the building for $100 per month.

The building also offers discounted parking in the garage below and can be accessed with a private elevator key. Laundry is located conveniently right outside the unit.

The apartment features an enlarged bathroom, Kohler fixtures and built-in storage, with slide-out shelves for towels, toiletries, laundry. It has a vented fan for steamy showers + AC/heat vent.

Custom HVAC provides central air and additional heating in all areas of the apartment.

The loft reveals additional ceiling height and gives options for a workspace, sleeping area with a queen-sized bed, extra storage - all accessible via a library ladder.

The library ladder can be moved to the kitchen rail to access top-level cabinets, or moved above the sliding doors to open the custom windows for fresh air without leaving doors open.

For privacy, there is a custom, floor to ceiling, blackout shade.

The bright kitchen is meant for easy entertaining: an enormous island, housing a wine fridge and seating area, a coffee bar area with 9’ of additional counter space and storage, wireless, under cabinet lighting with hidden outlets and USB charging hubs, a pot filler above the stove. The Bertazonni appliance suite features a 6 burner range/convection oven, externally vented range hood and refrigerator with automatic ice maker. There is a full sized, concealed Bosch dishwasher and sparkling, white, quartz countertops.

Quartz also tops the built-in, electric, fireplace in the living room.

The shiplap feature wall is ready for mounting up to an 80" television. The living room is large enough for an L-shaped, sleeper sofa.

The custom bookcase in the kitchen is perfect for displaying cookbooks, granola take-away from Eleven Madison Park, located just a few blocks away, or spices collected from Kalustyan’s, also in the neighborhood.

Push the bookcase open and reveal a quiet, hidden office! The desk can be left completely set up when pulling down the built-in, queen-sized murphy bed behind it.

The large, private patio is just on the other side of the building’s covered bike storage area ($50 per year).

The patio has enough room to BBQ and enjoy dinner outside, has electric and a hose bib and is ready for your outdoor TV. Or choose to enjoy the renovated roof deck with city views and seating areas.

This property allows subletting, co-purchasing and parents buying. Prime location with easy access to 4,5 and 6, N/R trains and bus lines and quick access to FDR for travel in and out of the city.

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Apartment Amenities

  • Northern Exposures
Listing courtesy of Serhant LLC

Pricing History

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About The Penny Lane, 215 East 24th Street

47

The Penny Lane, 215 East 24th Street has received a CityRealty Rating of 47, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

16
Out of 44
+
18
Out of 36
+
13
Out of 39
=
47
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Unattractive 3 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
No, but OK 1 out of 3 points
Skyline:
Not Visible 0 out of 2 points
Local Visibility:
Partially Visible 1 out of 2 points
Watertank:
Enclosed 1 out of 2 points
Airconditioners:
Discrete 1 out of 2 points
Free Standing:
No 0 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
Exists 1 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Average Mix 2 out of 5 points
Distance To Neighborhood Center:
Less than 40 blocks 2 out of 5 points
Views:
Unexciting 1 out of 4 points
Neighborhood Ambience:
Bland 1 out of 3 points
Traffic Noise:
Very Little 3 out of 3 points
Protected Views:
None 0 out of 2 points
Distance To Subway:
3-5 Short Blocks 1 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
3-5 Short Blocks 1 out of 2 points
Distance To Park:
3-6 Short Blocks 1 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Spacious 4 out of 5 points
Units Per Floor:
More than 15 0 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
Many 2 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
None 0 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
Yes 1 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
No 0 out of 1 points
Other Amenities:
Some 1 out of 2 points

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

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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

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