40 W 24th Street #5-N
MLS® #RLS10775987
Listing by Compass
2
Bedrooms
1.5
Baths
N/A
Sq. Ft.
1905
Year Built
Quick Summary
Property Highlights
- Exposure: North facing
- Style: Prewar architecture
- Character: Pre-war building (1905)
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Mar 9, 2022 | $2,525,000 | - |
| Price Reduced | Jun 9, 2022 | $2,390,000 | -5.3% |
Description
The definitive, old school, New York City loft. With an open span of more than 50 feet, and 10 oversized windows bathing it all in natural light, it's easy to see why this space was once utilized as a photographer's studio for fashion shoots. The current owner retained the open concept, defining multiple, discrete areas for living, dining, and working from home, while capturing interior and elevated spaces to provide three bedrooms (as well as a vast storage area beneath the primary bedroom). The kitchen is central, open and flexible with movable components. The bath is comprised of 2 distinct spaces: A bathing room and Water Closet. The laundry is tucked discretely in the rear of the apartment. Authentic loft lovers will be happy to find classic, original details like exposed brick, solid wood floors, 10'4'ceilings, columns proudly displaying their history, and a freight elevator opening directly into the home The interior, freight elevator and stair access are not only incredibly convenient for moving, they're also part of the reason that 5N is particularly spacious, as this unit incorporates hundreds of square feet which other floors use as common hallway. Just half a block from Madison Square Park, 40 West 24th Street is an ideally-located, Flatiron, prewar co-op with key-locked elevator, bike room, a dedicated super, and a beautiful, flowering, common rooftop with barbecue grill and dramatic city views--seasonally planted with tomatoes and herbs for all! There are so many reasons to love this unique loft, and so many waysand so much spaceto make it your own. *Maintenance listed is the full amount before the reduction for Condo/Co-op PropertyTax Abatement available for primary residents. Current owner pays $3,776.87/month.
Features & Amenities
Interior Features
Exterior Features
Appliances
Building Information
Financial Details
About Flatiron
View All Flatiron ListingsThe Flatiron District is a busy intersection of history, technology, and luxury living. Named after the iconic Flatiron Building, the neighborhood is centered around Madison Square Park and is a hub for the city's 'Silicon Alley.' The real estate market is famous for its grand cast-iron loft buildings with high ceilings and expansive floor plans, alongside ultra-luxury glass towers that offer modern amenities and central Manhattan convenience.
Flatiron Live Market Data
View NeighborhoodActive Listings
137
Median Asking Price
$2.42M
Median $/Sqft
$1,788
Avg Days on Market
N/A
New This Week
10
Price Reduced
32%
Sold (30 Days)
3
Median Sale Price
$1.40M
Live data from RLS at REBNY • Updated 5/18/26, 7:00 AM EST
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Location
40 W 24th Street #5-N, Flatiron, New York County • Near Fifth Avenue/Avenue of the Americas
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
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
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed monthly maintenance are $4,338 per month. Confirm the exact amount with the listing broker before making an offer.
This property has 2 bedrooms and 1 full bathroom and 1 half bathroom.
According to MLS records, the building was constructed in 1905, making it approximately 121 years old.
This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.
Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.
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) 416-7433Listing Courtesy of Compass - Laurie Gilmore
Listing Contact: (917) 449-5275
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 Data display by Keller Williams NYC. Data last updated on 5/18/2026 at 11:00 AM UTC