New York  »  Manhattan  »  10011  »  Chelsea

470 West 24th Street, New York, NY 10011

Chelsea, Midtown Manhattan, Manhattan
Building in Chelsea
19 Stories
702 Units
Built in 1932
470 W 24th St - Photo 1
470 W 24th St, Apt 11BC
West Chelsea, Chelsea, Midtown Manhattan, Manhattan
$17,500
|
3 Bed
|
3 Bath
By Bruce Solomon
Welcome to 470 West 24th Street, a building located in Chelsea, Midtown Manhattan, Manhattan in New York, NY. As a quick overview, these are the most up-to-date information we've collected about the property. The building itself was built in 1932. This is a relatively tall building with a total of 19 floors. From what we gather, there are a total 702 residential units. Finally, 470 West 24th Street was most recently sold on Feb 1, 2022 for $1,100,000. The market value for the land that the building sits on has been listed at $392,000. In addition, improvements upon the building have an added value of $3,796,000. In total, the total market value of the property as a whole is $4,188,000. According to local assessors, the total value of the building is currently valued at $83,969,102. Specifically, the value of the land that the property sits on has been assessed at $6,094,351. The building was last assessed in 2023. There is another building on the same land that 470 West 24th Street was built on.

Here's what we know about the features and amenities in this building. While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead. We are not sure what system the building uses for cooling. Sadly, informaton related to the heating system was not disclosed. Are you a fan of fireplaces? Good news! This property has one single fireplace. There is no porch or patio on the premise of the property. For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool. The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Amenities
Doorman
Elevator
Fitness Center
Policies
Cats Allowed
Dogs Allowed
Facts
General
Year Built
1932
Effective Year Built
1986
First Altered Year
1983
Building Count
2
Bedroom Count
0
Building Condition
unknown
Building Quality
unknown
Construction Type
unknown
Building Style
unknown
Exterior Walls Type
unknown
Interior Walls Type
unknown
Roof Shape Type
unknown
Roof Cover Type
unknown
Floor Count
19
Total Unit Count
731
Living Units
20
Residential Unit Count
702
Floor Cover
unknown
Basement Type
unknown
Basement Area
0
Garage Type
unknown
Parking Space Count
0
Patio Type
unknown
Porch Type
unknown
Pool Type
unknown
Location Influence Type
unknown
Unit Count
Building Floor Area
Residential Building Floor Area
616,965
Commercial Building Floor Area
51,293
Office Building Floor Area
11,998
Retail Building Floor Area
36,222
Other Building Floor Area
3,073
Floor Area Ratios
Building Area Source
2
Building
Building Type
unknown
Property Class
Commercial
Lot Type
5
Land Acres
0.054
Land Use
04
Standard Land Use Code
Retail/residential (mixed use)
County Land Use Code
unknown
Irregular Lot Code
N
Sanborn Map Number
105S005
Ownership
Current Owner's Name
LONDON TERRACE TOWERS CONDOMINIUM
Neighborhood
Census Block
4000
Community District
104
City Council District
3
Police Precinct
10
Fire Company
E003
Health Area
5200
Sanitation District Borough
1
Sanitation Subsection
2B
School District
02
School District Name
New York City Department Of Education
School Tax School District
MANHATTAN
Census Tract
009300
Census Block Code
4000
Census Group
4
Census Year
2020
Census - Combined Statistical Area - Area Code
408
Census - Combined Statistical Area - Area Name
New York-Newark, NY-NJ-CT-PA
Census - County FIPS
36061
Census - Full FIPS
360610093004000
Census - Metropolitan Division - Area Code
35614
Census - Metropolitan Division - Area Name
New York-Jersey City-White Plains, NY-NJ
Census - Metro Micro Statistical Area - Area Code
35620
Census - Metro Micro Statistical Area - Area Name
New York-Newark-Jersey City, NY-NJ-PA
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
3651000
Census Source
US Census Bureau
Census State FIPS
36
Census Tract 2010
0093
Census Tract Code
009300
School District - Unified - Grade High
12
School District - Unified - Grade Low
PK
School District - Unified - LEA Code
3620580
School District - Unified - Name
New York City Department Of Education
Zoning
Split Boundary Zone Indicator
Y
Zoning
R8A
Zoning Commercial Overlay 1
C2-5
Zoning Commercial Overlay 2
C1-5
Zoning Map Number
8b
Zoning Map Code
Y
Geography
Account Number
1-00720-0082
District
04
Section
302
Parcel
00720-0082
Borough Name
MN
Borough Code
1
Block
721
Lot
7501
Lot Code
unknown
Borough Block Lot
1007217501
Latitude
40.7474
Longitude
-74.0041
Apportionment BBL
1007211001
Apportionment Date
Aug 25, 1988
FIPS
36061
Mailing Carrier Code
C022
Mailing Street Direction
W
Mailing Full Street Address
470 W 23RD ST
Mailing House Number
470
Mailing Street Mode
ST
Mailing Street
23RD
Mailing 4-Digit Zip Code
2144
Geo Status Code
Prior to setting the GEOsource field the default value was 'P'.
X Coordinates
983263
Y Coordinates
211754
Valuation
Timestamp
2024-02-08 19:35:29
UCID Flag
C
Pluto Map ID
1
More About The Building
In total, the building area is listed as 13,860 square feet. In comparison, the lot area is listed as 49,375 square feet. The building itself has 668,258 square footage of total floor area. Out of that, 616,965 square footage of floor area is residential. The rest of the space could be utilized as commercial, garage, factory, or alternative use space. Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. The building class code for 470 West 24th Street is unknown but given the importance of this information, we will work to update this data as soon as possible.

Interested in learning more about the neighborhood that the property is located in? Buildings in the Chelsea area have a median price of $5,350. Those in the 25th percentile, have a price around $4,113. While those in the 75th percentile, have a price around $6,950. Typically, the buildings in this area have a median sqft of 753. That means that the median price per sqft is around $9. In other words, the price per sqft for buildings in the 25th percentile is $7. While the price per sqft for buildings in the 75th percentile is $10. As a breakdown, we've included the following stats:

  • There are currently a total of 177 studio listings. The median price for these types of listings is $3,925. That's $9.39 price per sqft.

  • There are currently a total of 213 one bedroom listings. The median price for these types of listings is $5,596. That's $8.73 price per sqft.

  • There are currently a total of 110 two bedroom listings. The median price for these types of listings is $7,995. That's $7.79 price per sqft.

  • There are currently a total of 24 three bedroom listings. The median price for these types of listings is $15,451. That's $7.97 price per sqft.

  • There are currently a total of 8 four bedroom listings. The median price for these types of listings is $10,625. That's $5.56 price per sqft.
About The Area
470 West 24th Street is located in 10011. There are 50,404 people living here. There are 28,738 households. Most of these households have an average family size of 2.65 people. According to the census, 64% are currently renting while 36% own their homes. The median age of this population is around 39.9 years old. On average, most folks in the zipcode are unmarried. About 25% of folks speak a language other than English in this area. The area's employment rate is currently around 73%. Speaking of employment, the median income is $114,134. Most folks will commute by public transportation for around 25.2 minutes. Finally, we know that 6% of residents in the area have graduated with their high school degree. Additionally, 40% and 38% have their Bachelor's and Master's degree, respectfully.

Moving on to the county level. New York County, New York has a population of 1,634,989 people. Based on census records, there are 753,385 registered households. Families in this area are on average made up of 3.09 people per household. Most folks are unmarried. They are also typically around 36.7 years old. Does diversity matter to you? Right now, 40% of folks speak a language other than English here. About 77% rent while 23% purchased their homes. Right now, the community is made up of 13% of residents who have graduated with at least a high school degree. On top of that, 32% have a Bachelor's degree and 29% have a Master's degree. The employment rate is currently around 62.9%. Those employed, have a median income of $75,513. If you move here, you can expect to commute mostly by public transportation for around 31.4 minutes.

Finally, let's take a look at the stats related to New York - Newark, NY - NJ - CT Urban Area. The urban area is home to 18,812,161 people. A total of 6,707,347 households are registered here. With average family sizes being listed at 3.42 people. About 25% of residents have graduated with a high school degree. Of the rest, 22% have their Bachelor's and 16% have their Master's degree. Folks speaking a language other than English, make up about 40% of the population. Speaking of your commute, 59.7% of people in this area are employed. The recorded median income is currently at $68,319 per year. The median population age has been listed at 37.8 years old. Interestingly enough, unmarried people make up the majority of the population. Last but not least, renters make up about 50% of the population while homeowners are at about 50% of the population.
$3,925
Studio Median Rent
$5,596
1BR Median Rent
$7,995
2BR Median Rent
$15,451
3BR Median Rent
PUBLIC TRANSIT
A
C
E
23 St (0.32 mi - 7 min walk)
MTA New York City Transit
Acela
Adirondack
Berkshire Flyer
Cardinal
Carolinian
Crescent
Empire Service
Ethan Allen Express
Keystone Service
Lake Shore Limited
Maple Leaf
Northeast Regional
Palmetto
Pennsylvanian
Silver Meteor
Silver Star
Vermonter
NY Moynihan Train Hall at Penn Station (0.49 mi - 12 min walk)
Amtrak
1
2
23 St (0.49 mi - 12 min walk)
MTA New York City Transit
A
C
E
14 St (0.51 mi - 12 min walk)
MTA New York City Transit
SIM24
SIM23
W 34 St/9 Av (0.52 mi - 13 min walk)
Academy Bus

Nearby Schools

(within attendance boundary)
PS 33 CHELSEA PREP  •  0.19 mi
281 9th Ave, New York, NY 10001
Public  •  Elementary  •  Grades PK to 5
New York City Geographic District # 2
333 W 17th St, New York, NY 10011
Public  •  Middle School  •  Grades 6 to 8
New York City Geographic District # 2
QUEST TO LEARN  •  0.36 mi
351 W 18th St, New York, NY 10011
Public  •  High School  •  Grades 6 to 12
New York City Geographic District # 2
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
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