215 East 24th Street, Unit 823

Kips Bay

$325,000
Last Sold Price
Studio
Beds
1
Bath
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Massive Price Reduction! Owner Says Sell... Penny Lane is one of the most sought-after coop buildings in Gramercy Park and you have the rare opportunity to purchase this huge sun filled top-floor studio that has spectacular open views of the Chrysler Building and a little bit of the Empire State Building too. Because 823 needs work you save a bundle. No doubt about it, apartment 823 has good "bones" just look at that virtually staged photo of the living space... Wow! The bathroom needs to be renovated...Massive Price Reduction! Owner Says Sell... Penny Lane is one of the most sought-after coop buildings in Gramercy Park and you have the rare opportunity to purchase this huge sun filled top-floor studio that has spectacular open views of the Chrysler Building and a little bit of the Empire State Building too. Because 823 needs work you save a bundle. No doubt about it, apartment 823 has good "bones" just look at that virtually staged photo of the living space... Wow! The bathroom needs to be renovated for sure, but the kitchen with the stainless-steel refrigerator and the brand new 3-burner cooktop is definitely functional the way it is. The apartment needs some "love" and that is why the asking price is so low and being sold "AS IT IS". What makes this an even more attractive purchase, is the LOW monthly maintenance of $1025/month AND there is NO FLIP TAX! Also, another huge bonus is 823 is the end unit so the common roof deck is literally right outside your door. It is as close as you can get to having a private outdoor space without it being attached to your apartment. Some of the other great features of the apartment include the extraordinary closet space, open kitchen, Juliette balcony and the huge rectangular living space which is as big as some one-bedroom apartments. Building amenities and services include 24/7 doorman, live-in resident manager, laundry on EVERY floor, roof deck, on-site garage (special rate for shareholders), bike storage (nominal annual fee) and storage cages (monthly fee). If you are looking to buy your first home, tired of renting when you can own for less, like the idea of purchasing a "fixer upper" and making it your own, then you need to schedule a showing today because this apartment will be gone tomorrow.

Amenities

  • Penthouse
  • Full-Time Doorman
  • City Views
  • Open Views
  • Balcony
  • Deck
  • Roof Deck
  • Common Roof Deck

Location

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LISTING UPDATED: 06/24/2023 11:59 AM

Property Details for 215 East 24th Street, Unit 823

StatusSold
MLS IDRPLU-33422292236
Days on Market48
Taxes-
Maintenance$1,025 / month
Min. Down Pymt20%
Total Rooms2.0
Compass TypeCo-op
MLS TypeCo-op
Year Built1976
CountyNew York County

Building

Penny Lane

180 Units7 StoriesBuilt in 1976

Location

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Building Information for 215 East 24th Street, Unit 823

Building/ComplexPenny LaneFloor-Stories7Residences180Pet PolicyNot AllowedYear Built1976Building AgePost-warBuilding TypeLowrise

Payment Calculator

$2,799 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,774

Property Taxes

Maintenance/Common Charges

$1,025

The Payment Calculator is for illustrative purposes only.

Property Information for 215 East 24th Street, Unit 823

Summary
Location and General Information
  • Subdivision Name: Gramercy Park
  • Cross Street: 3 AVENUE and 2 AVENUE
  • Stories Total: 7
  • Exposures: North
Taxes and HOA
  • Tax Deduction Percent: 59.00%
  • Tax Block: 00905
  • Building Tax Lot: 0006
Parking
  • Garage: Yes
Property
Lot Information
  • Building Name: THE PENNY LANE
Property and Assessments
  • New Development: No
  • Percent Of Common Elements: .00%
  • Common Interest: StockCooperative
  • Number Of Shares: 735
  • Property Condition: Poor
Interior and Exterior Features
Exterior Features
  • Community Features: HealthClub
Interior Features
  • Floor Number: 8
  • ElevatorsTotal: 3
Multi Family
Multi-Family Information
  • Unit Line: 23
  • Number Of Units Total: 180
Rental
Rental Information
  • Pets Allowed: UnitNo, BuildingNo
  • Delivered Vacant: Yes
  • Attendance Type: DoormanFullTime, LobbyAttendantFullTime

Property History for 215 East 24th Street, Unit 823

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 215 East 24th Street, Unit 823

Taxable ValueLand-Additions-Total-
Home Facts
APN1009050006

Schools near 215 East 24th Street, Unit 823

This home is within New York City Geographic District # 2.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 6 to 8
Public - 6 to 8
Rating
School
Distance
P.S. 116 Mary Lindley Murray
PublicPK to 5

Jhs 104 Simon Baruch
Public6 to 8

Lower Manhattan Community Middle School
Public6 to 8

Nyc Lab Ms For Collaborative Studies
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Corcoran Group

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.