---
title: "245 East 24th Street #16E, New York City, NY 10010"
description: "245 East 24th Street #16E, New York City, NY 10010 — Kips Bay, New York City, NY. Listing Price $478,000. Studio bed, 1 bath Illustrative Buyer Commission Share of $7,170 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10010/245-east-24th-street-e-16E-ny-10010"
source: "Real Estate Rebate Team"
status: "Active"
---

# 245 East 24th Street #16E, New York City, NY 10010

Kips Bay, New York City, NY

Courtesy of Compass

## At a Glance

- **Listing Price**: $478,000
- **Beds**: Studio
- **Baths**: 1
- **Common Charges**: $1,787 / 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**: $478,000
- **Illustrative Buyer Commission Share**: -$7,170*
- **Illustrative Net Cost**: $470,830

*Illustrative Buyer Savings of $7,170 — 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 (10)

![245 East 24th Street #16E, New York City, NY 10010 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b5ebe87f-91b2-41e0-84d7-9a99860cfb9d.jpg)
![245 East 24th Street #16E, New York City, NY 10010 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/06544aa9-7199-44de-97ff-60ff831b2c3e.jpg)
![245 East 24th Street #16E, New York City, NY 10010 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/acc756fb-435a-42fd-a700-4887548333e6.jpg)
![245 East 24th Street #16E, New York City, NY 10010 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ff961abb-deae-4f79-95a2-a5ca64e615b1.jpg)
![245 East 24th Street #16E, New York City, NY 10010 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c4441e22-f2e0-4193-9d61-cf67229e9dcd.jpg)
![245 East 24th Street #16E, New York City, NY 10010 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d2f0771b-6bfb-49fa-b142-7623042c83a9.jpg)
![245 East 24th Street #16E, New York City, NY 10010 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ac687c95-ea13-4f02-8985-451be007f1cd.jpg)
![245 East 24th Street #16E, New York City, NY 10010 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/26b172aa-9a86-4b28-8183-e963aacb33aa.jpg)
![245 East 24th Street #16E, New York City, NY 10010 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/42d41535-9a88-4935-af25-6e6749a16edf.jpg)
![245 East 24th Street #16E, New York City, NY 10010 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/abf33203-3f28-48ee-a9cd-4cd72130a958.jpg)

## Property Overview

Perched high above the city on the 16th floor, this bright and spacious alcove studio at 245 East 24th Street is flooded with stunning eastern light all day long. Oversized windows frame city and open sky views and fill the home with a warm, natural glow.

Thoughtfully designed for both comfort and functionality, the apartment features a distinct alcove sleeping area with generous closet space—creating a true sense of separation rarely found in studio living. Storage is exceptional throughout, including two closets in the sleeping alcove and a large entryway closet.

The recently renovated kitchen offers an impressive amount of cabinetry and storage, seamlessly blending style and practicality for everyday living.

With its airy feel, smart layout, and abundant closet space, Residence 16E is an exceptional home in Tracy Towers, a full-service coop in prime Gramery Park/Kips Bay. Close to all major transportation and the best restaurant and shopping downtown has to offer, this flexible coop allows pets, pied-a-terres, and parents buying for children with coop board approval. There is a temporary assessment in place for $633.86. Images may contain virtual staging. Furniture and décor are for visual representation only.

## Property Details

- **Property Type**: Co-op
- **Baths**: 1
- **Rooms**: 1
- **Stories**: 16
- **Year Built**: 1963
- **Common Charges**: $1,786.73 / Monthly
- **Listed On**: Mar 24, 2026
- **Days on Market**: 172 Days

### Residence Features

- Building Washer Dryer Install Allowed
- Common On Floor
- Common Area
- Building Roof Deck
- Hardwood

## Sales Evidence

### Recent closed sales

35 apartments at Tracy Towers have recorded sales since September 2021, the most recent for $480,000 in July 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| 12F (Apartment) | Studio | — | $480,000 | — | July 6, 2026 | City record · MLS |
| 2C (Apartment) | Studio | 520 | $670,000 | $1,288/ft² | April 29, 2026 | City record · MLS |
| 14C (Apartment) | Studio | — | $515,000 | — | August 6, 2025 | City record · MLS |
| 5E (Apartment) | Studio | 517 | $515,000 | $996/ft² | January 28, 2025 | City record · MLS |
| 9C (Apartment) | Studio | — | $535,000 | — | November 1, 2024 | City record · MLS |
| 8K (Apartment) | Studio | — | $500,000 | — | July 8, 2024 | City record · MLS |
| 9G (Apartment) | 2 | — | $762,500 | — | May 15, 2024 | City record · MLS |
| 2C (Apartment) | Studio | 550 | $660,000 | $1,200/ft² | February 8, 2024 | City record · MLS |
| 3G (Apartment) | 2 | 800 | $680,000 | $850/ft² | January 25, 2024 | City record · MLS |
| 16H (Apartment) | — | — | $520,000 | — | October 30, 2023 | City record |
| 5-J (Apartment) | Studio | — | $520,000 | — | June 26, 2023 | City record · MLS |
| 4-F (Apartment) | Studio | — | $367,500 | — | April 4, 2023 | City record · MLS |
| 12L (Apartment) | Studio | — | $520,000 | — | March 15, 2023 | City record · MLS |
| 5-D (Apartment) | 1 | 700 | $675,000 | $964/ft² | January 6, 2023 | City record · MLS |
| 6G (Apartment) | 2 | — | $775,000 | — | November 21, 2022 | City record · MLS |
| PH-D (Apartment) | 1 | — | $672,500 | — | September 30, 2022 | MLS |
| 17D (Apartment) | — | — | $672,500 | — | September 14, 2022 | City record |
| 11J (Apartment) | Studio | — | $531,250 | — | August 19, 2022 | City record · MLS |
| 11J (Apartment) | — | — | $531,250 | — | August 19, 2022 | City record |
| 10-E (Apartment) | Studio | 546 | $563,333 | $1,032/ft² | July 28, 2022 | City record · MLS |
| 2G (Apartment) | 1 | 870 | $775,000 | $891/ft² | June 21, 2022 | City record · MLS |
| PHA (Apartment) | Studio | — | $565,000 | — | June 17, 2022 | MLS |
| 7K/7J (Apartment) | — | — | $902,500 | — | June 1, 2022 | City record |
| 10C (Apartment) | Studio | 516 | $570,650 | $1,106/ft² | May 24, 2022 | City record · MLS |
| 2A (Apartment) | 1 | — | $720,000 | — | May 23, 2022 | City record · MLS |
| 17A (Apartment) | — | — | $565,000 | — | April 25, 2022 | City record |
| 16-F (Apartment) | 1 | — | $525,000 | — | April 22, 2022 | City record · MLS |
| 2H (Apartment) | — | — | $365,000 | — | March 31, 2022 | City record |
| 14-G (Apartment) | 1 | 850 | $850,000 | $1,000/ft² | January 31, 2022 | City record · MLS |
| 11-B (Apartment) | Studio | — | $515,000 | — | December 30, 2021 | City record · MLS |
| 4-A (Apartment) | Studio | 565 | $465,000 | $823/ft² | December 28, 2021 | City record · MLS |
| 15B (Apartment) | 2 | 900 | $525,000 | $583/ft² | December 6, 2021 | City record |
| 11-H (Apartment) | Studio | — | $500,000 | — | October 28, 2021 | City record · MLS |
| 6L (Apartment) | 1 | 611 | $440,000 | $720/ft² | October 8, 2021 | City record |
| 11-D (Apartment) | 1 | 700 | $640,000 | $914/ft² | September 26, 2021 | City record · MLS |

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 studio sales at Tracy Towers is $517,500, based on 16 sales between October 2021 and July 2026. This home is asking $478,000, $39,500 below that median. The middle half of those sales closed between $500,000 and $542,083.

- **Median closed price**: $517,500
- **Middle half**: $500,000 – $542,083
- **Based on**: 16 studio sales at Tracy Towers
- **Period**: October 2021 – July 2026

Square footage is recorded for only 6 of these 16 sales (38%), 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 10 of these sales with a published asking price, the median closed at 95.1% of what it originally asked. 80% of them closed below the original ask.

### How these sales were negotiated

- **Sold vs original ask**: 95.1% of the original ask
- **Closed below ask**: 80% of 10 sales
- **Listed → in contract**: 96 days (about 14 weeks)
- **In contract → closed**: 98 days (about 14 weeks)

Across the 10 of these sales with a published asking price, the median closed at 95.1% of what it originally asked. 80% of them closed below the original ask.

Half of these homes were in contract within 96 days (about 14 weeks) of coming to market, based on the 16 with a recorded listing date.

Once a deal was agreed, closing took a further 98 days (about 14 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 16 studio sales at Tracy Towers, October 2021 – July 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 studio sales in Kips Bay, 2017 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 |
| --- | --- | --- |
| 2017 | $542,500 | 22 |
| 2018 | $499,900 | 25 |
| 2019 | $430,000 | 23 |
| 2020 | $500,000 | 15 |
| 2021 | $460,000 | 34 |
| 2022 | $462,500 | 30 |
| 2023 | $407,500 | 19 |
| 2024 | $495,000 | 19 |
| 2025 | $412,500 | 28 |
| 2026 | $480,000 | 15 |

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 Tracy Towers](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/tracy-towers)

## Price and Property History for 245 East 24th Street, Unit 16E

Review the recorded listing activity for 245 East 24th Street, Unit 16E, including asking-price changes and prior market dates.

- **Latest price change**: Reduced by $2,000, or 0.4%, on July 24, 2026
- **Originally listed**: March 5, 2026 at $498,000
- **Current asking price**: $478,000

| Date | Price | Listing event |
| --- | --- | --- |
| July 24, 2026 | $478,000 | Asking price reduced by $2,000, or 0.4% |
| March 5, 2026 | $498,000 | Listed for sale by Compass |

## Property Taxes

This apartment is part of a co-op that is taxed as one lot shared across 162 apartments. The corporation’s 2026 property tax bill was $1,893,752 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 Tracy Towers](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/tracy-towers)

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

## About The Building

### Tracy Towers

Kips Bay · Stock Cooperative

245 East 24th Street, New York, NY 10010

A building in Kips Bay, currently featuring 6 active listings.

- **Year Built**: 1963
- **Total Units**: 6
- **Floors**: 16

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

### Available Residences — For Sale (6)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [16E](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10010/245-east-24th-street-e-16E-ny-10010) | Studio | 1 | — | — | $478,000 (-0.4%) | Compass | Mar 24, 2026 | 171 days |
| [11K](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10010/245-east-24th-street-k-11K-ny-10010) | Studio | 1 | — | — | $475,000 (-4.0%) | Sothebys International Realty | Jun 7, 2024 | 826 days |
| [14A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10010/245-east-24th-street-a-14A-ny-10010) | Studio | 1 | — | — | $529,000 (-1.9%) — In contract | Sothebys International Realty | Jun 13, 2025 | 455 days |
| [6B](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10010/245-east-24th-street-b-6B-ny-10010) | Studio | 1 | — | — | $460,000 (-3.2%) | Sothebys International Realty | Mar 6, 2026 | 189 days |
| [11E](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10010/245-east-24th-street-e-11E-ny-10010) | Studio | 1 | — | — | $485,000 — In contract | Brown Harris Stevens Residential Sales LLC | Apr 21, 2026 | 143 days |
| [9C](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10010/245-east-24th-street-c-9C-ny-10010) | Studio | 1 | — | — | $534,888 (-1.9%) | Brown Harris Stevens Residential Sales LLC | Apr 17, 2026 | 147 days |

## Estimated Monthly Payment

**$4,204 / month**, assuming a 20% down payment ($95,600), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $2,417
- **Common Charges**: $1,787

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

- [Tracy Towers — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/tracy-towers)
- [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.