---
title: "215 East 24th Street #721, New York City, NY 10010"
description: "215 East 24th Street #721, New York City, NY 10010 — Kips Bay, New York City, NY. Listing Price $500,000. In contract 7/9/2026. 1 bed, 1 bath Illustrative Buyer Commission Share of $7,500 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10010/215-east-24th-street-721-ny-10010"
source: "Real Estate Rebate Team"
status: "Pending"
---

# 215 East 24th Street #721, New York City, NY 10010

Kips Bay, New York City, NY

Courtesy of Brown Harris Stevens Residential Sales LLC

## At a Glance

- **Listing Price**: $500,000
- **Status**: In contract 7/9/2026
  In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion.
- **Beds**: 1
- **Baths**: 1
- **Common Charges**: $2,033 / mo
- **Brokerage Fee**: Share Eligible

## The Private Brokerage Advantage

As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction.

- **Contract Purchase Price**: $500,000
- **Illustrative Buyer Commission Share**: -$7,500*
- **Illustrative Net Cost**: $492,500

*Illustrative Buyer Savings of $7,500 — 50% of a 3% buyer-broker commission, shared at closing.*

[Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)

## Photos (6)

![215 East 24th Street #721, New York City, NY 10010 — photo 1 of 6](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7dc48b79-611d-4e9c-9a7c-c5c0720f78c5.jpg)
![215 East 24th Street #721, New York City, NY 10010 — photo 2 of 6](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/10112581-dbfc-469e-ad7a-c3f06d687621.jpg)
![215 East 24th Street #721, New York City, NY 10010 — photo 3 of 6](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7235ec23-3a18-4ecf-b2b4-92fc8c1c552e.jpg)
![215 East 24th Street #721, New York City, NY 10010 — photo 4 of 6](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b4674649-3102-4a75-b930-a09f37dceb53.jpg)
![215 East 24th Street #721, New York City, NY 10010 — photo 5 of 6](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1d2ef57d-1f79-4c82-979d-6ca23d0b355f.jpg)
![215 East 24th Street #721, New York City, NY 10010 — photo 6 of 6](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4615137e-1b91-40b5-b6df-5391eabdc9aa.jpg)

## Property Overview

Residence 721 at Penny Lane is a bright and flexible one-bedroom simplex, currently configured as a two-bedroom with French doors. Located on the 7th floor, the home features open views and excellent natural light throughout.

 The renovated kitchen offers stone countertops and ample cabinetry, flowing seamlessly into the living area. The bathroom has also been updated with clean, modern finishes. The adaptable layout provides space for a second bedroom, home office, or nursery.

 Penny Lane, a former ice cream factory, is a full-service cooperative with a distinctive London-inspired lobby. Amenities include a 24-hour doorman, live-in superintendent, on-site garage, bike storage, package room, video security, and two laundry rooms per floor. The expansive planted roof deck showcases sweeping skyline views, including the Chrysler, MetLife, and Empire State Buildings.

 Ideally located near Gramercy Park and the Flatiron District, just two blocks from the 6 train, and surrounded by excellent dining and shopping.

 Co-purchasing, guarantors, and subletting after two years (with board approval) permitted. Sorry, no dogs.

 The capital assessment of $761.21 will be in place through December 2029 to fund the co-op's Local Law 11 project.

## Property Details

- **Property Type**: Co-op
- **Beds**: 1
- **Baths**: 1
- **Rooms**: 3
- **Stories**: 7
- **Year Built**: 1977
- **Common Charges**: $2,033 / Monthly
- **Listed On**: Apr 21, 2026
- **Days on Market**: 144 Days

### Residence Features

- Common On Floor
- Building Roof Deck

## Sales Evidence

### Recent closed sales

38 apartments at The Penny Lane have recorded sales since September 2021, the most recent for $500,000 in July 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| [715](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10010/215-east-24th-street-715-ny-10010) (Apartment) | 2 | — | $500,000 | — | July 7, 2026 | MLS |
| [603](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10010/215-east-24th-street-603-ny-10010) (Duplex) | 1 | — | $625,000 | — | July 6, 2026 | MLS |
| 602 (Apartment) | 1 | — | $750,000 | — | February 25, 2026 | City record · MLS |
| 201 (Apartment) | Studio | 550 | $435,000 | $791/ft² | January 16, 2026 | MLS |
| 108 (Apartment) | — | — | $455,000 | — | October 28, 2025 | City record |
| 412/615 (Apartment) | — | — | $225,000 | — | October 22, 2025 | City record |
| 104 (Apartment) | 1 | 750 | $405,000 | $540/ft² | August 18, 2025 | City record · MLS |
| 30809 (Apartment) | 2 | — | $1,099,000 | — | August 12, 2025 | City record · MLS |
| 823 (Apartment) | Studio | — | $393,000 | — | August 12, 2025 | City record · MLS |
| 220 (Apartment) | 1 | — | $520,000 | — | May 8, 2025 | City record · MLS |
| 114 (Apartment) | 2 | 850 | $685,000 | $806/ft² | January 24, 2025 | City record · MLS |
| 526 (Triplex) | 1 | 750 | $590,000 | $787/ft² | December 3, 2024 | City record · MLS |
| 120 (Apartment) | 1 | 1,000 | $650,000 | $650/ft² | September 17, 2024 | City record · MLS |
| 201 (Apartment) | Studio | — | $435,000 | — | August 23, 2024 | City record · MLS |
| 111 (Apartment) | 1 | 705 | $440,000 | $624/ft² | July 2, 2024 | City record · MLS |
| 305 (Apartment) | — | — | $185,000 | — | May 28, 2024 | City record |
| 416 (Apartment) | Studio | 600 | $417,000 | $695/ft² | May 23, 2024 | City record · MLS |
| 507 (Apartment) | 1 | — | $575,000 | — | April 23, 2024 | City record · MLS |
| 607 (Apartment) | 1 | 900 | $830,000 | $922/ft² | February 21, 2024 | City record · MLS |
| 110 (Apartment) | 1 | 750 | $499,000 | $665/ft² | January 30, 2024 | City record · MLS |
| 616 (Apartment) | Studio | 675 | $550,000 | $815/ft² | January 8, 2024 | City record · MLS |
| 503 (Duplex) | 1 | 700 | $450,000 | $643/ft² | October 23, 2023 | City record · MLS |
| 115 (Duplex) | 4 | 1,200 | $935,000 | $779/ft² | August 25, 2023 | City record · MLS |
| 112-A (Duplex) | Studio | — | $430,000 | — | August 23, 2023 | City record · MLS |
| 823 (Apartment) | Studio | — | $325,000 | — | June 20, 2023 | City record · MLS |
| 626 (Duplex) | 1 | — | $780,000 | — | April 4, 2023 | City record · MLS |
| 601 (Duplex) | 1 | 900 | $830,000 | $922/ft² | March 17, 2023 | City record · MLS |
| 220 (Apartment) | — | — | $525,000 | — | January 20, 2023 | City record |
| 614 (Duplex) | 1 | — | $480,000 | — | December 29, 2022 | City record · MLS |
| 316 (Apartment) | Studio | — | $415,000 | — | December 1, 2022 | City record · MLS |
| 306 (Duplex) | 1 | — | $610,000 | — | October 3, 2022 | City record · MLS |
| PH (Apartment) | 3 | 1,800 | $3,114,604 | $1,730/ft² | September 1, 2022 | City record · MLS |
| 521 (Apartment) | — | — | $680,000 | — | August 1, 2022 | City record |
| 204 (Apartment) | Studio | — | $415,000 | — | July 25, 2022 | City record · MLS |
| 822 (Apartment) | Studio | — | $410,000 | — | May 11, 2022 | City record · MLS |
| PH-N (Duplex) | 2 | 1,500 | $2,672,500 | $1,782/ft² | December 30, 2021 | City record · MLS |
| 723 (Duplex) | Studio | — | $415,000 | — | November 9, 2021 | City record · MLS |
| 127 (Apartment) | — | — | $830,000 | — | October 27, 2021 | City record |

Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below.

### How this price compares

The median closed price for comparable one-bedroom sales at The Penny Lane is $582,500, based on 14 sales between October 2022 and February 2026. This home is asking $500,000, $82,500 below that median. The middle half of those sales closed between $484,750 and $725,000.

- **Median closed price**: $582,500
- **Middle half**: $484,750 – $725,000
- **Based on**: 14 one-bedroom sales at The Penny Lane
- **Period**: October 2022 – February 2026

Square footage is recorded for only 8 of these 14 sales (57%), so no price per square foot is shown for this group. Co-op sales rarely carry a floor area, and a figure drawn from a handful of them would not describe the rest.

Across the 9 of these sales with a published asking price, the median closed at 96.5% of what it originally asked. 78% of them closed below the original ask.

### How these sales were negotiated

- **Sold vs original ask**: 96.5% of the original ask
- **Closed below ask**: 78% of 9 sales
- **Listed → in contract**: 59 days (about 8 weeks)
- **In contract → closed**: 87 days (about 12 weeks)

Across the 9 of these sales with a published asking price, the median closed at 96.5% of what it originally asked. 78% of them closed below the original ask.

Half of these homes were in contract within 59 days (about 8 weeks) of coming to market, based on the 14 with a recorded listing date.

Once a deal was agreed, closing took a further 87 days (about 12 weeks), based on the 14 with both dates recorded. A co-op board package and its interview account for much of that.

These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure.

Based on 14 one-bedroom sales at The Penny Lane, October 2022 – February 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ.

### Price trend

Median sold price for co-op one-bedroom sales in Kips Bay, 2016 to 2026. The series is held to one bedroom count and one ownership type for the same reason: an unfiltered median tracks which apartments sold, not what they were worth.

| Year | Median sold price | Sales |
| --- | --- | --- |
| 2016 | $607,000 | 10 |
| 2017 | $675,250 | 36 |
| 2018 | $693,500 | 34 |
| 2019 | $657,500 | 30 |
| 2020 | $635,000 | 34 |
| 2021 | $585,000 | 68 |
| 2022 | $672,500 | 62 |
| 2023 | $663,750 | 36 |
| 2024 | $590,000 | 58 |
| 2025 | $620,000 | 47 |
| 2026 | $599,000 | 22 |

This building does not have enough sales with a recorded floor area to chart its own price per square foot, which is usual for a co-op. The series above follows comparable homes across Kips Bay instead.

Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for.

[See every recorded sale at The Penny Lane](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-penny-lane)

## Price and Property History for 215 East 24TH Street, Unit 721

Review the recorded listing activity for 215 East 24TH Street, Unit 721, including asking-price changes and prior market dates.

- **Entered contract**: July 9, 2026

| Date | Price | Listing event |
| --- | --- | --- |
| July 9, 2026 | $500,000 | Entered contract |
| April 21, 2026 | $500,000 | Listed for sale by Brown Harris Stevens Residential Sales LLC |

## Property Taxes

This apartment is part of a co-op that is taxed as one lot shared across 180 apartments. The corporation’s 2026 property tax bill was $2,069,248 for the whole building. Shareholders cover it through their monthly maintenance rather than a separate bill for this unit.

[See the full property tax history for The Penny Lane](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-penny-lane)

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## About The Building

### The Penny Lane

Kips Bay · Duplex

215 East 24th Street, New York, NY 10010

A building in Kips Bay, currently featuring 5 active listings.

- **Year Built**: 1977
- **Total Units**: 5
- **Floors**: 7

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-penny-lane)

### Available Residences — For Sale (5)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [721](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10010/215-east-24th-street-721-ny-10010) | 1 | 1 | — | — | $500,000 — In contract | Brown Harris Stevens Residential Sales LLC | Apr 21, 2026 | 144 days |
| [603](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10010/215-east-24th-street-603-ny-10010) | 1 | 1 | — | — | $625,000 | Corcoran Group | Mar 9, 2026 | 187 days |
| [715](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10010/215-east-24th-street-715-ny-10010) | 2 | 1 | — | — | $500,000 | Corcoran Group | Mar 20, 2026 | 176 days |
| [820](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10010/215-east-24th-street-820-ny-10010) | Studio | 1 | — | — | $390,000 (-2.3%) | Douglas Elliman Real Estate | Apr 3, 2026 | 162 days |
| [219](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10010/215-east-24th-street-219-ny-10010) | 1 | 1 | — | — | $395,000 | Corcoran Group | May 19, 2026 | 116 days |

## Estimated Monthly Payment

**$4,561 / month**, assuming a 20% down payment ($100,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $2,528
- **Common Charges**: $2,033

Estimates only. Actual payments may vary. Confirm terms with your lender.

## Kips Bay

Medical Mile & Value

[Explore Kips Bay](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/kips-bay) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby Kips Bay

- [Murray Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/murray-hill)
- [Gramercy real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/gramercy)
- [Flatiron District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/flatiron-district)
- [Stuyvesant Town real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/stuyvesant-town)
- [Midtown real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/midtown)
- [East Village real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/east-village)

## Related Links

- [The Penny Lane — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-penny-lane)
- [Kips Bay neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/kips-bay)
- [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

---

> RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

> All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.