215 East 24th Street, Unit 615

For Sale
$299,000
1 Bed · 1 Bath · 1,100 ft² · Kips Bay

Key Details

Price
$299,000
Beds
1 Bed
Baths
1
Sq Ft
1,100
Price / Sq Ft
$272
Property Type
Coop
Unit
615
Floor
6
Status
For Sale

Description

PLEASE READ BEFORE INQUIRING –RENT STABILIZED–INVESTORS ONLY

PRIME INVESTMENT OPPORTUNITY–INVESTORS ONLY–The apartment is occupied by a rent stabilized tenant.

Rent-stabilization requires automatic renewals and any increases are governed by the Rent Stabilization Board of NY.

Shares: 1290
Current Rent: $2,039.42
Current Maintenance: $2,055.74

This rent-stabilized Loft 2-bedroom, 1-bathroom apartment offers an excellent investment opportunity for long term appreciation. The approximate FREE MARKET value of the apartment is $600,000. After the current tenants move out, you will have the option to sell as is or renovate and sell at a larger profit.

The apartment is south facing and features 12 ft ceilings with floor to ceiling windows. Currently in estate condition and approximately 1,100 sf including the loft, the apartment provides an excellent space in a thriving neighborhood.

Situated on the 6th 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 NYCs liveliest neighborhoods. Within a stones throw, youll 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.

Important Stuff

Maintenance$2,055/mo
PetsCats Only

Home Features

Bicycle Room City View Concierge Courtyard Doorman Elevator Garage Laundry Pied a Terre Storage

Building Amenities

Doorman Elevator Garage Laundry Bicycle Room Storage Courtyard Pied a Terre

Building Info

Building NamePENNY LANE
Address215 East 24th Street
Year Built1977
Total Units189
Stories8
Service LevelVideo
Building TypeCoop
Building Pets PolicyUnknown
More on StreetEasyView Building

Map

History

ListedNovember 5, 2024
Days on Market640
Last UpdatedMarch 11, 2026

Full public sale/price history isn't available through our listing feed for this property.

What It'll Cost

Known monthly carrying costs (excludes mortgage): $2,055/mo · Maintenance $2,055

For a full breakdown of closing costs, mansion tax, mortgage recording tax, and title insurance on this $299,000 purchase, use our NYC Buyer Closing Cost Calculator and our Commission Rebate Calculator to see how much NestApple can rebate you at closing.

Buying in NYC? When you buy with a NestApple agent, we rebate two-thirds of our buyer-agent commission back to you at closing (NestApple keeps a minimum of 1%). See our Commission Rebate Calculator for your exact estimate.

Similar Listings

Similar Listings Sold

Closed-sale data isn't available through our current listing feed for this neighborhood.

Disclaimer: Listing data is sourced from RLS (REBNY Listing Service) via RealtyMX and is believed accurate but not guaranteed. Prices, availability, and details are subject to change without notice. NestApple is a licensed real estate broker.