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In Contract

The Penny Lane, 215 East 24th Street, #114

$699,000 ($822 per ft2) | 2 beds, 1.5 baths | Approx. 850 ft2
Building Profile  | 
102 days on Market

Key Details

  • Listed: Sep 10, 2024
    Days on Market: 102
    Building Type: Cooperative
    Neighborhood: Gramercy Park (Manhattan)
    Doorman: FT Doorman
    Listing viewed 363 times
Monthly Maintenance: $1,864 ($2.19/ft2)
Est. Monthly Mortgage: $3,713
Total Est. Monthly Carrying Cost: $5,577 ($6.56/ft2)
Note: the above is based on a down payment of 20% ($139,800), which is the minimum amount permitted by the building.

Description

Discover the charm of urban living in this move-in-ready duplex at 215 E 24th St, Apt 114. Boasting 2 bedrooms and 1.5 bathrooms, this spacious home features soaring 15-foot ceilings and an open-concept first floor that seamlessly blends the living area with a modern kitchen. The kitchen is a chef’s delight, equipped with quartz countertops, a breakfast bar with wine storage, stainless steel appliances (including a dishwasher, full-size refrigerator/freezer, microwave, and a 4-burner gas stove/oven), custom under-cabinet lighting, and a garbage disposal. The first-floor bathroom is elegantly renovated, offering a bathtub/shower combo with a rainfall shower and handheld shower head, a sleek vanity, and a backlit mirror.

This floor also has an additional maisonette entrance which is great to maintain privacy. Upstairs, the second-floor primary bedroom opens to a charming Juliette balcony and large outfitted closet. Additionally, the second floor includes a versatile loft space that can serve as a home office, gym, nursery, or extra bedroom, with standard ceiling heights throughout, with a half bathroom so you don’t have to use stairs in the middle of the night.

Original architectural details like exposed brick and an industrial beam add character to the space, while modern amenities such as ceiling fans, built-in AC spaces, and a Honeywell alarm system ensure comfort and security. Residents of Penny Lane enjoy access to furnished roof decks, courtyards, and two laundry rooms on each floor. Additional storage is available for $100 per month, and secure bike storage for just $50 per year.

Pets are case by case. This vibrant community offers a 24-hour doorman, a live-in superintendent and optional parking for a monthly fee. Located just two blocks from the 6 train and close to Gramercy Park, this property allows for flexible living arrangements, including the ability to sublet after two years of ownership for six years, or add walls in the loft spaces. Penny Lane is a unique and character-filled building, originally an ice cream factory converted in 1976 to resemble a London street.

Proof of funds or pre-approval is required to schedule a showing. Don’t miss out on this extraordinary opportunity!

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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 0.26 miles
  1. N
  2. R
at Broadway 0.42 miles

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