$3,500
Updated 8 months ago
Rented

The Penny Lane

215 East 24th Street, 207

Kips Bay, Manhattan | Third Ave & Second Ave

Alcove Studio 1 BathCo-op

$3,500
Lease Term12-12 Months
The price shown reflects the monthly rent only and does not include any additional fees. Please review the listing description for a summary of all fees related to renting this apartment.

Listing Features

  • Abundant Closets
  • High Ceilings [12']
  • Separate Dining Area
  • Sleeping Loft
  • Oversized Windows
  • Dishwasher
  • S Steel Appliances
  • Separate Kitchen

Outdoor space and views

  • Juliet Balcony
  • City Views
  • South Exposure

Building Amenities

  • Full Service
  • Alarm System
  • Bike Storage
  • Courtyard
  • Elevator
  • Garage
  • Laundry Per Floor
  • Renovated Lobby
  • Resident Lounge
  • Roof Deck
  • Storage

Policies


Property Description for 215 East 24th Street, 207

South-Facing Sun-Filled Lofted Alcove Studio with Juliet Balcony in Gramercy/Kips Bay

Step into style at this sunny, south-facing alcove lofted studio in the heart of Gramercy/Kips Bay. Once the J.M. Horton Ice Cream Factory, Penny Lane boasts soaring 11-foot ceilings and timeless character reimagined for modern living. This home pairs open, airy design with sleek updates to create the perfect city retreat. Sorry, no pets.

Blonde hardwood floors throughout, oversized windows, and a seamless layout set the stage for easy living. A spacious living and separate dining area invites both entertaining and quiet nights in, while the lofted sleeping alcove maximizes space and privacy. The crisp, renovated bathroom and modern kitchen - complete with stainless steel appliances, dishwasher, and generous storage - make daily living effortless. Abundant closet space and a private Juliet balcony add a rare touch of convenience and charm at this price point.

Penny Lane residents enjoy an expansive roof deck (that once served as tennis courts) with sweeping views of the Empire State and Chrysler buildings, a 24-hour doorman, elevator, laundry on every floor, and a one-of-a-kind lobby inspired by a quaint Liverpool streetscape. With Union Square, Madison Square Park, top dining, cafés, and shopping just moments away - plus multiple subway lines nearby - this location puts the very best of Manhattan at your doorstep.

Style, character, and convenience converge in this Gramercy/Kips Bay gem - a home that truly has it all.

Building Fees:
Application Processing Fee (Non-Refundable) $650
Additional Processing Fee (Non-Refundable) $200 (Only if there is a 2nd Applicant)
Credit Check Fee (Non-Refundable) $125
Move-In Fee (Non-refundable) $500
Move-In Deposit (Refundable) $1,000
Digital Submission Fee (Non-Refundable) $65
Note this co-op uses domicile to process fees and applications who may charge additional processing fees.

Listing History for 215 East 24th Street, 207

Now
12/12/2025
Rented by Edmond Yoo
Corcoran
11/15/2025
Leases Signed by Edmond Yoo
Corcoran

Building Details for 215 East 24th Street

OwnershipCo-op
Building TypeLow-Rise
Service LevelFull Service
AgePost-War
AccessElevator
Year Built1977
Financing Allowed80%
Floors/Apts8/179
Learn More About the Building

Transit and Citi Bike

Subway

23 St
0.26 miles
28 St
0.29 miles
23 St
0.42 miles
33 St
0.47 miles

Citi Bike

E 25 St & 2 Ave
0.1 miles
Lexington Ave & E 24 St
0.14 miles

Contact Agent

Contact Agent

Edmond Yoo
Corcoran

Kips Bay | Manhattan

Quick Profile

If you take a walk through Kips Bay, which is loosely defined as the area between 23rd street and 34th street and the East River to almost Lexington, you’ll quickly learn it's a hodgepodge of sorts and not as well defined as other neighborhoods in New York City. Some New Yorkers say Kips Bay has an identity crisis because 1st, 2nd, and 3rd avenues are distinctly different from one another as you traverse them. Despite the perceived lack of neighborhood vibe there are others that appreciate its affordability and convenience.  

First Avenue is dominated by hospitals and hospital buildings such as NYU Medical Center and Bellevue Hospital to name a few. Second Avenue is a mosaic of convenience stores, fast food joints and nondescript brick buildings. Third Avenue is saturated with small bars and gastropubs and the twenty somethings that patronize them. 

No judgement against Kips Bay here. It’s a great neighborhood that is just as much a part of New York City as any other neighborhood. Kips Bay It’s bordered by Murray Hill to the North, Stuyvesant Town and Gramercy Park to the South, and Rose Hill to the West. The neighborhood is partly defined by newer high-rise apartments, brick rowhouses, and former tenement buildings. 

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.
OLR ID: 84476