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245 East 24th Street 12FNew York, NY 10010

For Sale

$540,000

Smart Buyer Rebate $1,000

Welcome to your next home at Tracy Towers, a well-loved, full-service co-op in the heart of Kips Bay. This spacious alcove studio is the largest in the building, offering the kind of flexibility rarely found in a studio. There’s more than enough room for a king-sized bed, and if you’re craving a little more privacy, it can easily be converted into a true one-bedroom.

The apartment has been thoughtfully renovated, starting with a gut-renovated kitchen — including all new plumbing and premium appliances. You’ll cook like a pro with a Fisher & Paykel range, Beko fridge with an ice maker, and a sleek Bosch dishwasher. Storage won’t be a problem either, thanks to 16 deep, soft-close cabinets that make the most of the space. The bathroom is equally refreshed, featuring a brand new rainshower head for a little spa-like indulgence at home.

Beyond the apartment, Tracy Towers offers all the comforts of a well-maintained cooperative. You’ll have 24-hour doorman service, a live-in superintendent, and convenient amenities like central laundry, a bike room, and two large storage rooms with reasonably priced unit options. And the rooftop garden? It’s a true highlight — recently furnished and offering gorgeous skyline views that make it the perfect spot to unwind.

Location-wise it doesn't get much better. You’re perfectly positioned in Kips Bay with easy access to Gramercy, NoMad, Flatiron, and all the best downtown neighborhoods. A brand new Whole Foods Market recently opened at 28th and Madison, bringing even more convenience to the area. Trader Joe’s, Fairway, and the Kips Bay AMC are all nearby, and you’re just minutes from the green spaces of Madison Square Park, Union Square, and Stuyvesant Square. Commuting is a breeze with the 6, N/R/W, and L trains close by, along with excellent bus service.

Tracy Towers is pet-friendly and flexible — allowing pieds-à-terre, co-purchasing, and parents buying for children, with subletting permitted after two years (with board approval).

Whether you're looking for your first home, a smart investment, or a flexible city pied-à-terre, this bright and beautifully updated alcove studio offers space, style, and unbeatable convenience.

There is currently a capital assessment of $132 set to expire October 31, 2028

Listed by Jared Blumberg

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Compass

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(917) 445-1459

Listed by Nicole Schmiemann

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Compass

Last updated October 21, 2025

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Source: REBNY #RLS20055847

Listing Facts

  • TypeCo-op
  • NeighborhoodRose Hill
  • Bathrooms1
  • Days on Prevu1
  • HOA/Maint. Fees$1,420/month

Amenities

  • Dishwasher
  • Pets Allowed
  • Concierge
  • Parking

Location

Mortgage Calculator

Listing History

10/21/2025
Listed by Compass
$540,000

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 $540,000 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.

Property Details for 245 East 24th Street 12F

Association

Amenities

  • Pets Allowed: Building Yes
  • Concierge: Doorman Full Time

Fees

  • Association Fee: $1,420.00 Monthly

Financial

  • Flip Tax: 3.0%
  • Flip Tax Remarks: 3 Per Share. Payable By Both.

Exterior

Construction

  • Number Of Units Total: 162
  • Stories Total: 16
  • Structure Type: Multi Family
  • Year Built: 1963
  • Entry Level: 12

Features

  • Building Features: Elevator(s)
  • View: City

Measurements

  • Lot Size Dimensions: 98
  • Lot Size Units: SquareFeet

Financial

Taxes

  • Parcel Number: 0905-0026-00245-000-000012F

Interior

Features

  • Appliances: Dishwasher
  • Flooring: Hardwood
  • Interior Features: Walk-In Closet(s)

Measurements

  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Rooms Total: 2

Other

Location

  • City Region: Manhattan
  • Subdivision Name: Kips Bay
  • Tax Block: 00905
  • Tax Lot: 0026

Parking

Parking

  • Garage: Yes
  • Parking Features: Garage

Utilities

Equipment

  • Cooling: Wall Unit(s)
  • Has Cooling: Yes
  • Heating: Wall Furnace
  • Has Heating: Yes
  • Laundry Features: Common Area

Based on information from Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

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.