215 East 24th Street, Unit 615

Kips Bay

$250,000
Price
1
Beds
1
Bath
1,100 Sq. Ft.
$227 / Sq. Ft.
1,100
Sq. Ft.
$227
per Sq. Ft.

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
...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 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.

Property Details for 215 East 24th Street, Unit 615

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City
LISTING UPDATED: 11/05/2024 09:56 AM

Property Details for 215 East 24th Street, Unit 615

StatusActive
MLS IDOLRS-2108132
Days on Market3
Taxes-
Maintenance$2,055 / month
Min. Down Pymt20%
Total Rooms4.0
Compass TypeCo-op
MLS TypeCo-op
Year Built1976
CountyNew York County

Building

Penny Lane

180 Units7 StoriesBuilt in 1976

Building Information for 215 East 24th Street, Unit 615

Building/ComplexPenny LaneFloor6Stories7Residences180Pet PolicyNot AllowedYear Built1976Building AgePost-warBuilding TypeLowrise

Property Information for 215 East 24th Street, Unit 615

Summary
Location and General Information
  • Subdivision Name: Kips Bay
  • Cross Street: Third Avenue/Second Avenue
  • Stories Total: 8
  • Exposures: South
Taxes and HOA
  • Tax Lot: 6
  • Tax Deduction Percent: 59.00%
  • Tax Block: 905
  • Flip Tax Type: Percent
  • Association Fee Frequency: Monthly
  • Flip Tax: $0
  • Tax Deduction Amount: $121,245
  • Building Tax Lot: 6
  • Tax Monthly Amount: 0.0
  • Tax Abatement YN: false
Parking
  • Garage: Yes
Property
Lot Information
  • Living Area: 1100.0
  • Living Area Units: SquareFeet
Building Information
  • Building Exterior Features: Courtyard, BuildingRoofDeck, Storage
  • Building Laundry Features: CommonArea, MultipleLocations, WasherDryerInstallAllowed
  • Building Pets Allowed: BuildingCatsOK
Property and Assessments
  • New Development: No
  • Building Rules: BuildingWasherDryerAllowed
  • Sponsor Unit: No
  • Certificate Of Occupancy: No
  • Percent Of Common Elements: .00%
  • Common Interest: StockCooperative
  • Number Of Shares: 1290
  • New Construction: No
  • Structure Type: None
  • Property Condition: Good
Interior and Exterior Features
Interior Features
  • Floor Number: 6
  • Ceiling Height Units: Feet
  • Ceiling Height: 12.0
  • ElevatorsTotal: 2
  • Closets Total: 0
Multi Family
Multi-Family Information
  • Unit Line: 15
  • Number Of Units Total: 0
Rental
Rental Information
  • Pets Allowed: UnitCatsOK
  • Attendance Type: ConciergeFullTime, DoormanFullTime, LobbyAttendantFullTime
  • Land Lease: No

Property History for 215 East 24th Street, Unit 615

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

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

Schools near 215 East 24th Street, Unit 615

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

Nyc Lab Ms For Collaborative Studies
Public6 to 8

Lower Manhattan Community Middle School
Public6 to 8

Jhs 104 Simon Baruch
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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215 East 24th Street, Unit 615 is a co-op for sale in Kips Bay. This property was listed for sale on November 5, 2024 by Elegran LLC, it's currently listed at $250,000. This listing's school district is New York City Geographic District # 2. Nearby schools include P.S. 116 Mary Lindley Murray, Nyc Lab Ms For Collaborative Studies and Lower Manhattan Community Middle School. 215 East 24th Street, Unit 615 is a 1-bed, 1-bath, 1,100 sqft co-op built in 1976.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Elegran LLC

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.