Loft 25

Loft 25 is a condo located 420 West 25th Street, in West Chelsea, New York. The building was first built in 1912 and is 112 years old. The lot that the building was built on is 150 feet wide and 99 feet long. The official lot area is listed as 14,812 square feet. The building itself is 150 feet wide and 99 feet long. In total, 420 West 25th Street has a total floor area of 95,935 square feet. Of that, 95,935 square feet are used for residential purposes. There are a total of 79 units. Of those, 79 are residential units. There are no commercial units in this building. 420 West 25th Street has a total of 9 floors. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? Great news, subletting is currently allowed, which makes this a great opportunity for folks who just want a secondary home or make some passive rental income. There are many great amenities and features for residents in the building. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! For your convenience, laundry is located in the building. Better yet, washer and dryers are allowed in each unit. For those who love to work out, there is a fitness center. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! Residents who own pets will be happy to hear that the building is pet-friendly. Both dogs and cats are allowed in the building! There are 160 closings on record, of which we have matching data for 42 listings. In the past 3 years, a listing in this building will typically remain on the market for about 132 days Meaning, listings tend to sell at a median of $1,330 price per square foot. The transaction that took the longest to complete was unit 6G, listed on Jun 17, 2020 for $2,250,000. This particular unit ultimately sold 337 days later for $2,050,000. The most recent transaction was for unit 8F, which was first advertised on Sep 15, 2023, sold for $1,250,000 on Dec 19, 2023. Fun fact, the oldest transaction we have on record took place on Jan 17, 2008. See the full transaction history for Loft 25 below.

West Chelsea, where 420 West 25th Street is located, has a median asking price of $2,000,000 for condo buildings. Meanwhile, the building itself has a median asking price of $1,662,500. For interested buyers, that means the building's median asking price is around 0.17% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

There are currently 2 active listings for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. Currently, the most expensive asking price for all of the active units in the building is $1,575,000. It is a 1,240 sqft 1 bedroom and 2 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $1,400,000. It is a 1,036 sqft 1 bedroom and 1 bathroom unit. A breakdown of active listings shows no studio, 2 one-bedroom, no two-bedroom, no three-bedroom, and no four-bedroom plus units for sale! The median price of all the active units for sale in the building is $1,487,500. Collectively, the median square footage of these active units for sale is 1,138 sqft. Active units for sale at 420 West 25th Street have a median count of 1 bedrooms and have a median count of 1.5 bathrooms.