Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,715,000

· Closed July 19, 2022

124 W 24th Street #5-B
Closed For Sale Condo

$1,715,000

$1,572 per sq ft

124 W 24th Street #5-B

Chelsea, Manhattan

MLS® #RLS10783873

RLS at REBNY

Listing by Compass

1

Bedroom

2

Baths

1,091

Sq. Ft.

1888

Year Built

Quick Summary

Bedrooms 1
Bathrooms 2
Living Area 1,091 sq ft
Year Built 1888
Ownership Condo
HOA/Common Charges $804/mo
Property Taxes $14,544/yr
Neighborhood Chelsea
Floor 5 of 6

Property Highlights

  • Views: City
  • Exposure: South,West facing
  • Style: Prewar architecture

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 2 Full
Floor 5 of 6
View City
Exposure South,West
Heating Electric
Cooling Central Air
Pets Yes
Cross Street Sixth Avenue/Seventh Avenue
Year Built 1888
Living Area 1,091 sq ft
Architectural Style Prewar
Block/Lot 799/7501

Listing History

Event Date Price Change
Listed Sep 6, 2021 $1,715,000 -
Price Reduced Jul 19, 2022 $1,895,000 +10.5%

Description

Welcome home to one of the most well-appointed, character-filled, enviable properties to come to market in Chelsea. #5B is a rare offering in the Manhattan marketplace and a lucky new owner will soon get to call this loved apartment home. Marked by a classically cool downtown feel, the home has stunning exposed beams and brick, making it feel more like a loft and less like a condominium. The current owner has undergone an extensive cosmetic renovation on the property, including darkening the hardwood flooring, replacing all fixtures, renovating the kitchen, changing out the backsplash, creating custom doors for all closets and door frames, installing California Closets in all storage spaces, and installing custom lighting and sound system. Enter into #5B off of a floor with only a small handful of neighbors, and you soon see how the oversized living/dining space and high ceilings create such a special feel. The home has two full bathrooms and an enormous amount of storage space, including ample customized closet space throughout the entry foyer. The living and dining space is large enough to accommodate multiple seating areas, and has a southern exposure for all-day light. The kitchen has chef's appliances by LG, Miele and JennAir and an open plan, with new countertops and backsplash, and custom open-shelving. Into the bedroom sanctuary, king-sized and with a huge amount of custom California closets. The en-suite bathroom has been outfitted with new fixtures and vanity as well. #5B has true hardwood flooring, central air conditioning, a stacked LG washer/dryer, and is pin-drop quiet. 124 West 24th Street is a well managed, boutique condominium in the heart of Chelsea. The building has a wonderful resident manager and rooftop deck, and virtual intercom. Just a stone's throw away is Whole Foods down the block or the Trader Joe's, and you are very close the West Chelsea gallery district, world-class restaurants and shopping, and multiple transportation options.

Features & Amenities

Interior Features

Entrance Foyer Building Washer Dryer Install Allowed

Exterior Features

Building Roof Deck

Appliances

Dryer Washer

Building Information

Financial Details

Common Charges $804/mo
RE Taxes $14,544/yr ($1,212/mo)
Sale Price $1,715,000
Previous Price $1,895,000

Chelsea is the epicenter of New York’s contemporary art world and a hub for innovative architecture. Home to the High Line and Chelsea Market, the neighborhood mixes industrial history with modern luxury. The real estate market here is dominated by high-end condominium developments designed by world-renowned architects, alongside historic pre-war lofts and historic townhouses in the Chelsea Historic District.

Chelsea Live Market Data

View Neighborhood

Active Listings

305

Median Asking Price

$1.77M

Median $/Sqft

$1,833

Avg Days on Market

N/A

New This Week

22

Price Reduced

27%

Sold (30 Days)

35

Median Sale Price

$2.00M

Live data from RLS at REBNY • Updated 5/3/26, 11:22 AM EST

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Location

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124 W 24th Street #5-B, Chelsea, New York County • Near Sixth Avenue/Seventh Avenue

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1939
Year Built
87 years old
6
Floors
60
Residential Units
C6-2A
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $5,237,550
Land Value: $783,000
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 8,750 SF
Building Area: 40,266 SF
Built FAR: 4.6
Allowed FAR: 6.02

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $804 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $14,544, or roughly $1,212 per month. Verify the current assessment with your attorney before closing.

This property has 1 bedroom and 2 full bathrooms.

The listed interior living area is 1,091 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1888, making it approximately 138 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $1,715,000 for 1,091 sq ft, the asking price per square foot is approximately $1,572. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10783873
First Listed: 9/6/2021
Price Changed: 7/19/2022
Closed: 7/19/2022
Contract Date: 9/6/2021

Listing Courtesy of Compass - Ian Slater

Listing Contact: (646) 645-8192

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/3/2026 at 3:22 PM UTC

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