124 West 24th Street
124 West 24th Street, New York, NY 10011
Chelsea
BBL 1007997501 · BIN 1014961
- Type
- Condominium
- Units
- 20
- Floors
- 6
- Landmark
- No
- Pets
- Confirm specifics at offer stage
- Subletting
- Permitted under the condominium bylaws
- Pied-à-terre
- Allowed
Every recorded sale at this building, 2006–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $1,270
- Listing discount
- -0.1%
- Recorded sales
- 45
- On record
- 2006–2026
124 West 24th Street, known as 124W24, is a boutique loft condominium in central Chelsea, on a mid-block stretch between Sixth and Seventh Avenues. A beige-brick former loft building of late-19th / early-20th-century vintage, it was converted into 20 residential condominium homes that lean fully into their industrial provenance — exposed wood beams and columns, high ceilings, and the kind of authentic loft volume that a modern building can imitate but not replicate. It is a small, character-driven building in the heart of Chelsea's most walkable, transit-rich core.
The appeal is genuine loft living with the flexibility of condominium ownership. Buyers here get the beams, the light, and the open floor plans of a true conversion, delivered as deeded, fee-simple homes — with the financing flexibility, light closing process, and resale and rental latitude that condominiums provide — in a 20-home building steps from Chelsea's galleries, restaurants, and subway lines. For a buyer who wants loft character over new-construction gloss, 124W24 is a distinctive fit.
Building operations
124W24 operates as a boutique loft condominium: common areas and building systems are maintained through the common charges, with staffing scaled to a 20-home building — typically a superintendent supported by a virtual-doorman entry system rather than a full-time attended lobby. As a condominium, the building offers deeded, fee-simple ownership. There is no co-op board interview; a purchase clears through the condominium's right of first refusal, and financing is arranged directly between the buyer and lender without co-op-style caps. Pied-à-terre use, investment ownership, and subletting are permitted under the bylaws. Any transfer fee, the pet policy, and the specific sublet terms should be confirmed at offer stage.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $15,226/yr
- Per unit / month range
- $0 – $63
Management & transfer contacts
- Sublet policy
- Allowed; fee 20% of common charges billed monthly
- Notable fees
- Sale: $650 app, $150/adult credit, $1,000 move-in & move-out deposits
Recent sales
Condominium pricing at 124 West 24th Street is read on a per-square-foot basis, not against a neighborhood average. With only 20 residences, resale volume is inherently thin, and pricing is driven by the specifics of each home — floor, exposure, ceiling height, layout, and the extent of exposed loft detail — rather than a single building-wide figure. Underwrite a residence on its own footage and condition against the right comparable tier of Chelsea loft-conversion condominiums, not on the broad neighborhood average.
Recent closings at this building, curated by The Roebling Team research desk. Apartment-level facts are independently verified before publishing; sale prices reflect the recorded transfer amount at the NYC Department of Finance.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| May 14, 2026 | 4A | 2 BR · 2 BA · 1,172 sf | $1,740,000 | $1,485/sf | +5.8% |
| May 12, 2026 | 2B | 1 BR · 2 BA · 1,091 sf | $1,150,000 | $1,054/sf | off-mkt |
| Oct 30, 2025 | 4B | 1 BR · 2 BA · 1,091 sf | $1,385,000 | $1,269/sf | -6.1% |
| Feb 28, 2025 | 2D | 2 BR · 2 BA · 1,309 sf | $1,715,000 | $1,310/sf | off-mkt |
| Nov 2, 2023 | PHA | 2 BR · 2 BA · 1,170 sf | $2,160,000 | $1,846/sf | -5.9% |
| Apr 10, 2023 | 3A | 1 BR · 2 BA · 1,172 sf | $1,560,000 | $1,331/sf | -8.2% |
| Mar 23, 2023 | 2A | 1 BR · 2 BA · 1,097 sf | $1,500,000 | $1,367/sf | -6.0% |
| Jul 18, 2022 | LOFT | 1 BR · 2 BA · 1,091 sf | $1,718,000 | $1,575/sf | -9.3% |
Market read. Most recent trades (2026) cleared a median $1,270/sf across 2 sales. Median listing discount -0.1% over ask.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00799-7501) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage from recorded condo declarations and offering plans.
What to know if you’re buying
The buying path is a condominium path: no board interview, a right-of-first-refusal clearance, and financing arranged directly with your lender. Diligence centers on the offering plan and any amendments, the building's financial statements and reserve position, and the bylaws and house rules — with attention, given the building's age and conversion, to the condition of the systems and any capital plans. Within the building, floor, ceiling height, layout, light, and loft character drive value.
The reasons to buy are authentic loft living — beams, columns, and volume you can't build new — with the flexibility of condominium ownership, in a boutique building in the heart of Chelsea's most walkable, transit-rich core.
What to know if you’re selling
The story is character and location: a genuine loft conversion with exposed beams and columns, at boutique 20-home scale, in central Chelsea. Pricing is apartment-specific — footage, floor, ceiling height, and loft detail — so the right approach is to position the individual home's narrative and benchmark it against the correct comparable tier of Chelsea loft-conversion condominiums, rather than the broad neighborhood number. With only 20 homes, comparable supply is limited, which favors a well-prepared seller.
Comparable buildings
If you're considering 124 West 24th Street, also look at these Chelsea boutique and loft buildings:
- 159 West 24th Street — boutique Chelsea loft condominium nearby
- 200 West 24th Street — Chelsea condominium on the same block corridor
- 124 West 23rd Street — boutique Chelsea condominium nearby
- 148 West 23rd Street — Chelsea condominium for comparison
- 146 West 26th Street — a converted fur-vault loft condominium
- 100 West 18th Street — Chelsea condominium for comparison
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across Chelsea — read The Roebling Team Guide to Chelsea.
Considering a move at 124W24?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 124W24 would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.