245 East 24th Street, #5E, New York (Kips Bay), NY, 10010 | $515,000

Perched on the fifth floor, apartment 5E at 245 East 24th is a sanctuary of light and elegance, a pristine alcove studio where every inch has been meticulously crafted to whisper sophistication. As sunlight pours through expansive windows, the residence glows with an undeniable warmth, illuminating the fresh and flawless flooring that anchors this space in quiet luxury. The newly updated kitchen beckons with modern allure, while the beautifully renovated bathroom adds a touch of spa-like serenity, creating a perfect retreat for the discerning resident. Nestled on the corner of 24th and 2nd, this storied building stands proudly in one of Manhattan's most desirable enclaves, graced with a full-time doorman, a dedicated live-in manager, and amenities that define true city living: laundry facilities, a bike room, and ample storage. Above, the renowned rooftop garden awaits—a verdant escape with skyline views that remind you of New York’s enduring charm. Here, life embraces flexibility, with the co-op welcoming pets, pieds-à-terre, and co-purchasing alike. In this impeccable home, you’ll find not just an apartment but a polished piece of Manhattan’s legacy, waiting to be cherished.

Features

  • Town: New York
  • Cooling: Window Units
  • Levels: 17
  • Amenities: Bike Room; Garage; Laundry Room; Roof Deck; Common Storage;
  • Rooms: 2
  • Baths: 1 full
  • Laundry: CommonArea,OnCommonFloor
  • Complex: Tracy Towers
  • Year Built: 1961
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: Yes
  • Building Access : Elevator
  • Service Level: Full Time Doorman
  • Doorman: FullTime
  • OLR#: PRCH36969716
  • Days on Market: 24 days
  • Website: https://www.raveis.com
    /prop/PRCH36969716/245east24thstreet_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Redfin Real Estate

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

245 East 24th Street, #5E, New York (Kips Bay), NY, 10010

$515,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $412,000 $412,000 $412,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.498%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,741 $2,738 $3,533
Total Monthly Payment $2,833 $2,830 $3,625

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.