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In Contract

The Penny Lane, 215 East 24th Street, #120

$750,000 ($750 per ft2) -11.8% | 1 bed, 1 bath | Approx. 1,000 ft2
View Full Building Profile  | 
235 days on Market

Key Details

  • Listed: Oct 5, 2023
    Last Price Change: -11.8% ($100,000) on Nov 1
    Days on Market: 235
    Building Type: Cooperative
    Neighborhood: Gramercy Park (Manhattan)
    Doorman: FT Doorman
    Listing viewed 317 times
Monthly Maintenance: $2,549 ($2.55/ft2)
Est. Monthly Mortgage: $4,044
Total Est. Monthly Carrying Cost: $6,593 ($6.59/ft2)
Note: the above is based on a down payment of 20% ($150,000), which is the minimum amount permitted by the building.

Description

SPONSOR UNIT- NO BOARD APPROVAL! Step into your dream duplex with a private patio nestled in the vibrant heart of Kips Bay. This renovated apartment boasts authentic hardwood floors, a generously spacious layout, ample and an abundance of built-in closet space. The lower floor encompasses a capacious living area and an open kitchen equipped with a dishwasher, elegant granite countertops, breakfast bar and dining space. The glass door opens onto your very own private patio! Ascend the charming wooden staircase to the upper level to a king-sized bedroom with a walk-in closet and Juliette Balcony. On the opposite side of the bedroom lies an extra-large home office, featuring two walk-in closets, which can easily be transformed into a second bedroom.

The ceiling height on the second level is around 8ft. Situated on the ground floor of a full-time doorman/elevator building, this incredible apartment also grants access to the European-style lobby with a concierge and seating area. Additionally, residents can savor breathtaking panoramic city views from the huge roof deck. Convenient amenities include washer/dryer units on each floor, ensuring a comfortable lifestyle. Located in the highly sought-after Gramercy Park-Kips Bay area, this beautiful home immerses you in the vibrant energy of one of NYC’s liveliest neighborhoods.

Within a stone’s throw, you’ll find a plethora of local businesses, restaurants, bars, cafes, supermarkets, and shopping options. Commuting is a breeze with proximity to 6/R/W trains and a short walk to F/M/L/Q/N/4/5 and Union Square Station. Please note some pictures are virtually stages but the level of renovations are accurate. Sublet policy: after owning 2 years, you can sublet for 6 years

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Apartment Amenities

  • City View
Listing courtesy of Elegran 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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