A rare find. Welcome to unit 723, a high floor studio at the Penny Lane with a Juliet balcony providing unobstructed views of the Chrysler building. This very spacious and bright residence features an entry way with no less than three large closets, high ceilings, new updated flooring, through wall air-conditioning, floor-to-ceiling glass sliding doors, and beautiful city views. The expansive living area includes a bright and functional kitchen, a separate alcove ideal for an office, a lounge area which easily accommodates a large couch, and an expansive bedroom area with space for a king or queen-size bed. The charming kitchen has an island which provides cabinetry on both sides as well as above and below the counter. Three modern pendant lights, a glass tile backslash, three stools, and breakfast bar provide the perfect entertaining area. Charm abounds with a wall of brick in the living area leading to a perfect little alcove bonus area. The residence also accommodates bookcases, armoires and additional furniture. Wake up to gorgeous views of the Chrysler building in your bedroom. There is ample space to use dividers or glass sliding doors to section off a sleeping chamber. The bathroom has been recently updated with a brand new vanity with storage and a medicine cabinet. There is a laundry facility on the seventh floor. For outdoor space, go up only one floor to the building's sprawling roof deck. The Penny Lane was the original home of the J.M. Horton Ice Cream Factory in the 1920's. It is a full-service coop with a 24-hour doorman, live-in super, on-site parking garage with discounted rates for residents, bike storage room, rentable storage and a beautiful and expansive landscaped common roof deck with stunning views of Manhattan, including the Chrysler, Metropolitan Life and Empire State Buildings. Centrally located near Gramercy Park, the Flatiron District, and NoMad offering some of the best restaurants, shopping, supermarkets including Eataly and Trader Joe's, and public transportation 6, N, R, W. Subletting allowed after two years with Board Approval for a six-year period. Sorry, no dogs.