Step into this bright and airy loft apartment featuring soaring ceilings in the main living area in the sought-after Penny Lane Coop, nestled in the Gramercy Park neighborhood of Manhattan. The residence boasts a fully-equipped kitchen with a dishwasher. A generous foyer features a sizable closet and dining space. The living room, brightened by oversized windows, offers a Southern exposure and includes a quaint Juliet balcony. Above, a lofted sleeping space with approximately 5 feet of headroom offers a snug and private retreat, accommodating a Queen-size bed, dresser, and additional closet space. While not full standing height, the loft's clever design maximizes floor space below, leaving room for a generous living area and dining setup. Large windows flood the home with natural light, and the unique layout adds both character and functionality. Both the bathroom and kitchen have been renovated. Conveniently, washers and dryers are located on each floor, with one just outside this apartment's door. Amenities include a 24-hour doorman, resident superintendent, four exquisite roof decks, plus a serene Zen Deck. Optional extras include storage for $100 monthly and bike storage at $50 annually. Pets are allowed on a case by case basis. Cats only, no dogs. Direct building access to a parking lot is available for a fee. Situated a mere two blocks from the 6 train and in proximity to Gramercy Park, owners have the option to sublet after two years for a duration of six years. This unique Coop, a former ice cream factory, was transformed in 1976 and its unique lobby was designed to evoke the charm of a London street.
Listed by Bradley Miles
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License #10401266224
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Douglas Elliman Real Estate
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(646) 387-8741
Listed by Andreas Mann
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License #10301204018
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Douglas Elliman Real Estate
Last updated September 04, 2025
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Source: REBNY #RLS20027053
Listing Facts
TypeCo-op
NeighborhoodRose Hill
Bathrooms1
Days on Prevu4
HOA/Maint. Fees$1,432/month
Amenities
Private Outdoor Space
Pets Allowed
Concierge
Location
Mortgage Calculator
Listing History
09/03/2025
Price Decreased
$499,999
09/03/2025
Listed by Douglas Elliman Real Estate
$529,000
Estimated Closing Costs
Total
$9,500
Attorney Fees
$4,000
Bank Attorney
$1,500
Other Closing Costs
$4,000
Estimated closing costs are based on the list price of $499,999 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.