---
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**: 166 Days

### Residence Features

- Common On Floor
- Building Roof Deck

## 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.

## Sales and market data

### Recent sales

38 apartments at The Penny Lane have recorded sales since October 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

- **This home**: $500,000
- **Median sold price**: $582,500
- **Difference**: -$82,500 (-14.2%)
- **Comparable sales**: 14
- **Sales from**: October 2022 – February 2026
- **Middle half of those sales**: $484,750 – $725,000

Based on one-bedroom sales at The Penny Lane.

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.

### How these sales were negotiated

- **Sale-to-list price**: 96.5% (9 sales)
- **Sold below asking**: 78% (9 sales)
- **Typical time to find a buyer**: 59 days (14 sales)
- **Typical time to close**: 87 days (14 sales)

Based on one-bedroom sales at The Penny Lane with the required listing and closing data. Sample sizes vary by metric.

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.

### Price trend

Median sale price, co-op one-bedroom sales in Kips Bay

| Year | Median sold price | Sales |
| --- | --- | --- |
| 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 YTD | $597,000 | 24 |

Based on recorded co-op one-bedroom sales in Kips Bay. 2026 is year-to-date.

Sales data through July 2026.

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 1 active listing.

- **Year Built**: 1977
- **Active Units**: 1
- **Floors**: 7

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

### Available Residences — For Sale (2)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [219](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10010/215-east-24th-street-219-ny-10010) | 1 | 1 | — | — | $395,000 | Corcoran Group | May 19, 2026 | 138 days |
| [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 | 166 days |

### Recently Sold (2)

| Unit | Beds | Baths | Size | Price / Ft² | Sold Price | Listing Office | Listed Date | Sold Date |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [603](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10010/215-east-24th-street-603-ny-10010) | 1 | 1 | — | — | $625,000 | Corcoran Group | Mar 9, 2026 | Jul 6, 2026 |
| [715](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10010/215-east-24th-street-715-ny-10010) | 2 | 1 | — | — | $500,000 | Corcoran Group | Mar 20, 2026 | Jul 7, 2026 |

## 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.