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In Contract

The Penny Lane, 215 East 24th Street, #723

$415,000 -2.4% | Studio, 1 bath
View Full Building Profile  | 
1154 days on Market

Key Details

  • Listed: Feb 24, 2021
    Last Price Change: -2.4% ($10,000) on Jun 6
    Days on Market: 1154
    Building Type: Cooperative
    Neighborhood: Gramercy Park (Manhattan)
    Doorman: FT Doorman
    Listing viewed 337 times
Monthly Maintenance: $908
Est. Monthly Mortgage: $2,287
Total Est. Monthly Carrying Cost: $3,195
Note: the above is based on a down payment of 20% ($83,000), which is the minimum amount permitted by the building.

Description

A rare find. Welcome to unit 723, a high floor studio at the Penny Lane with a Juliet balcony providing unobstructed views of the Chrysler building.

This very spacious and bright residence features an entry way with no less than three large closets, high ceilings, new updated flooring, through wall air-conditioning, floor-to-ceiling glass sliding doors, and beautiful city views. The expansive living area includes a bright and functional kitchen, a separate alcove ideal for an office, a lounge area which easily accommodates a large couch, and an expansive bedroom area with space for a king or queen-size bed. The charming kitchen has an island which provides cabinetry on both sides as well as above and below the counter.

Three modern pendant lights, a glass tile backslash, three stools, and breakfast bar provide the perfect entertaining area. Charm abounds with a wall of brick in the living area leading to a perfect little alcove bonus area. The residence also accommodates bookcases, armoires and additional furniture.

Wake up to gorgeous views of the Chrysler building in your bedroom.

There is ample space to use dividers or glass sliding doors to section off a sleeping chamber. The bathroom has been recently updated with a brand new vanity with storage and a medicine cabinet. There is a laundry facility on the seventh floor.

For outdoor space, go up only one floor to the building’s sprawling roof deck.

The Penny Lane was the original home of the J.M. Horton Ice Cream Factory in the 1920’s. It is a full-service coop with a 24-hour doorman, live-in super, on-site parking garage with discounted rates for residents, bike storage room, rentable storage and a beautiful and expansive landscaped common roof deck with stunning views of Manhattan, including the Chrysler, Metropolitan Life and Empire State Buildings. Centrally located near Gramercy Park, the Flatiron District, and NoMad offering some of the best restaurants, shopping, supermarkets including Eataly and Trader Joe’s, and public transportation 6, N, R, W. Subletting allowed after two years with Board Approval for a six-year period.

Sorry, no dogs.

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Apartment Amenities

  • Balcony

Listing Agent (Seller's Representative)

Listing courtesy of Corcoran Group

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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