470 W 24th Street #16H
About This Property
OPEN HOUSES ARE BY APPOINTMENT ONLY.
An elegant, classic prewar one-bedroom home with stunning city views located in London Terrace, situated within the heart of West Chelsea, just steps from the Highline.
As you enter the residence through the spacious foyer, you'll appreciate the walk-in coat closet for your convenience. This beautiful home is in excellent condition and features a massive, extra-wide living/dining room with high ceilings and crown molding, perfect for entertaining guests. The renovated kitchen features stainless steel appliances, stone counters, and a glass mosaic backsplash. New walnut-stained white oak floors, beautiful molding, gorgeous light fixtures, and hardware throughout add to the apartment's timeless charm.
The king-sized bedroom boasts stunning arched casement windows, and there is a hallway walk-in closet for additional storage. The spacious bathroom embraces its prewar roots with subway-tiled walls, a tremendous pedestal sink, an original cast-iron tub, and two medicine cabinets, one with a full-length mirror. The apartment also boasts skim-coated walls and 9' ceilings.
London Terrace Towers also offers a range of amenities, including a 1/2 Olympic size indoor heated pool, steam rooms, showers, and saunas in the men's and women's private locker rooms. For those looking to stay in shape, there's a state-of-the-art resident-only health facility available with memberships. Plus, bike rooms and storage lockers are available for a nominal monthly fee. The building features 24-hour lobby attendants, a live-in Superintendent, and full-time porters. Additionally, pets are welcome on a case-by-case basis, and unlimited subleasing is allowed after the first year of ownership.
With Hudson River Park, Hudson Yards, Chelsea Piers, Chelsea Market, and some of New York City's finest restaurants and hottest nightspots practically at your doorstep, this unbelievable location offers the perfect blend of lifestyle and convenience.
Please note that there is a 2% flip tax, which is split equally between the buyer and seller.
Listed By
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
May 21, 2024 | Price Decreased |
$985,000
↓ $15K
(1.5%)
|
|
Price Decreased | |||
Mar 16, 2024 | Relisted | $1,000,000 | |
Relisted | |||
Feb 3, 2024 | Price Increased |
$1,000,000
↑ $1K
(0.1%)
|
|
Price Increased | |||
Dec 4, 2023 | In contract | - | |
In contract | |||
Nov 11, 2023 | No longer available | - | |
No longer available |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
12/05/2023
|
3 Bed
|
4 Bath
|
-
|
$9,995,000
3 Bed
4 Bath
|
$9,350,000
-6.45%
12/08/2023
|
-
|
Mark Amadei
Sothebys International Realty
|
|
04/25/2023
|
1 Bed
|
1 Bath
|
875 ft²
|
$985,000
1 Bed
1 Bath
875 ft²
|
$858,500
-12.84%
06/04/2024
|
-
|
Bruce Solomon
Douglas Elliman Real Estate
|
|
01/30/2023
|
1 Bed
|
1 Bath
|
-
|
$1,050,000
1 Bed
1 Bath
|
$975,000
-7.14%
09/06/2023
|
-
|
Glenn Norrgard
Sotheby's International Realty, Inc.
|
|
11/15/2022
|
1 Bed
|
1 Bath
|
895 ft²
|
$1,175,000
1 Bed
1 Bath
895 ft²
|
$1,102,500
-6.17%
08/02/2023
|
-
|
Bruce Solomon
Douglas Elliman Real Estate
|
|
11/07/2022
|
1 Bed
|
1 Bath
|
900 ft²
|
$1,125,000
1 Bed
1 Bath
900 ft²
|
$1,125,000
02/09/2023
|
-
|
Bruce Solomon
Douglas Elliman Real Estate
|
|
10/03/2022
|
1 Bed
|
1 Bath
|
-
|
$1,075,000
1 Bed
1 Bath
|
$990,000
-7.91%
02/06/2023
|
-
|
Bruce Solomon
Douglas Elliman Real Estate
|
|
09/19/2022
|
Studio
|
1 Bath
|
-
|
$600,000
Studio
1 Bath
|
$515,000
-14.17%
04/17/2023
|
-
|
Michael Johnson
The Corcoran Group
|
|
09/16/2022
|
Studio
|
1 Bath
|
-
|
$1,250,000
Studio
1 Bath
|
$1,250,000
11/17/2022
|
-
|
Bruce Solomon
Douglas Elliman Real Estate
|
|
09/16/2022
|
2 Bed
|
2 Bath
|
-
|
$1,825,000
2 Bed
2 Bath
|
$1,612,500
-11.64%
02/08/2023
|
-
|
Alicia Cacchione
The Corcoran Group
|
|
06/04/2022
|
1 Bed
|
1 Bath
|
875 ft²
|
$989,000
1 Bed
1 Bath
875 ft²
|
$975,000
-1.42%
10/25/2022
|
-
|
Doreen Courtright
Douglas Elliman Real Estate
|
|
04/03/2022
|
3 Bed
|
2 Bath
|
1750 ft²
|
$3,250,000
3 Bed
2 Bath
1750 ft²
|
$2,775,000
-14.62%
11/08/2022
|
-
|
Bruce Solomon
Douglas Elliman Real Estate
|
|
03/16/2022
|
Studio
|
1 Bath
|
675 ft²
|
$668,000
Studio
1 Bath
675 ft²
|
$658,000
-1.50%
09/27/2023
|
-
|
Gabriel Bedoya
Corcoran Group
|
|
10/26/2021
|
1 Bed
|
1 Bath
|
-
|
$1,100,000
1 Bed
1 Bath
|
$1,100,000
01/31/2022
|
-
|
Bruce Solomon
Douglas Elliman Real Estate
|
|
09/23/2021
|
1 Bed
|
1 Bath
|
850 ft²
|
$1,180,000
1 Bed
1 Bath
850 ft²
|
$1,165,000
-1.27%
01/24/2022
|
-
|
Jane Sosi
Compass
|
|
09/19/2021
|
1 Bed
|
1 Bath
|
-
|
$1,250,000
1 Bed
1 Bath
|
$1,250,000
01/25/2022
|
-
|
Manuel Pascual
Douglas Elliman Real Estate
|
|
06/01/2021
|
1 Bed
|
1 Bath
|
-
|
$1,149,000
1 Bed
1 Bath
|
$1,100,000
-4.26%
10/26/2021
|
-
|
Glenn Norrgard
Sotheby's International Realty, Inc.
|
|
05/06/2021
|
1 Bed
|
1 Bath
|
850 ft²
|
$699,000
1 Bed
1 Bath
850 ft²
|
$855,000
+22.32%
12/03/2021
|
-
|
Rita E Kee
Core Long Island LLC
|
|
03/31/2021
|
1 Bed
|
1 Bath
|
875 ft²
|
$1,150,000
1 Bed
1 Bath
875 ft²
|
$1,150,000
07/12/2021
|
-
|
Bruce Solomon
Douglas Elliman Real Estate
|
|
03/08/2021
|
2 Bed
|
2 Bath
|
-
|
$2,495,000
2 Bed
2 Bath
|
$2,400,000
-3.81%
11/22/2021
|
-
|
Nancy Baker
Douglas Elliman Real Estate
|
|
02/09/2021
|
1 Bed
|
1 Bath
|
-
|
$1,095,000
1 Bed
1 Bath
|
$1,095,000
06/02/2021
|
-
|
Bruce Solomon
Douglas Elliman Real Estate
|
|
02/03/2021
|
2 Bed
|
3 Bath
|
1700 ft²
|
$2,500,000
2 Bed
3 Bath
1700 ft²
|
$2,350,000
-6.00%
08/18/2021
|
-
|
Tracie Hamersley
Citi Habitats, Inc.
|
|
12/08/2020
|
3 Bed
|
3 Bath
|
-
|
$3,295,000
3 Bed
3 Bath
|
$3,295,000
08/02/2021
|
-
|
Thomas Postilio
Douglas Elliman Real Estate
|
|
11/12/2020
|
1 Bed
|
1 Bath
|
-
|
$999,000
1 Bed
1 Bath
|
$930,000
-6.91%
06/22/2021
|
-
|
Glenn Norrgard
Sotheby's International Realty, Inc.
|
|
06/23/2020
|
1 Bed
|
1 Bath
|
-
|
$975,000
1 Bed
1 Bath
|
$925,000
-5.13%
01/14/2021
|
-
|
Ivana Tagliamonte
Compass
|
|
06/02/2020
|
4 Bed
|
3 Bath
|
2600 ft²
|
$4,250,000
4 Bed
3 Bath
2600 ft²
|
$3,850,000
-9.41%
08/05/2021
|
-
|
Bruce Solomon
Douglas Elliman Real Estate
|
|
11/18/2019
|
1 Bed
|
1 Bath
|
-
|
$975,000
1 Bed
1 Bath
|
$945,700
-3.01%
06/23/2020
|
-
|
Curtis Rhine
The Corcoran Group
|
|
09/11/2019
|
1 Bed
|
1 Bath
|
-
|
$1,075,000
1 Bed
1 Bath
|
$995,000
-7.44%
09/09/2020
|
-
|
William Eichman
Brown Harris Stevens Residential Sales LLC
|
|
06/04/2018
|
1 Bed
|
1 Bath
|
900 ft²
|
$1,395,000
1 Bed
1 Bath
900 ft²
|
$1,395,000
10/24/2018
|
-
|
Andrew Anderson
Douglas Elliman Real Estate
|
|
02/08/2018
|
1 Bed
|
1 Bath
|
-
|
$1,425,000
1 Bed
1 Bath
|
$1,375,000
-3.51%
06/20/2018
|
-
|
Bruce Solomon
Douglas Elliman Real Estate
|
|
01/29/2018
|
1 Bed
|
1 Bath
|
-
|
$1,100,000
1 Bed
1 Bath
|
$1,000,000
-9.09%
05/27/2020
|
-
|
Moshe Kanarfogel
The Corcoran Group
|
|
07/30/2017
|
|
5 Bed
|
4 Bath
|
-
|
-
5 Bed
4 Bath
|
-
-
|
-
|
-
|
07/27/2017
|
1 Bed
|
1 Bath
|
875 ft²
|
$950,000
1 Bed
1 Bath
875 ft²
|
$920,000
-3.16%
01/31/2018
|
-
|
ELAINE KANTER
Prudential Douglas Elliman Real Estate
|
|
07/01/2017
|
1 Bed
|
1 Bath
|
865 ft²
|
$1,195,000
1 Bed
1 Bath
865 ft²
|
$1,125,000
-5.86%
01/17/2018
|
-
|
Bruce Solomon
Douglas Elliman Real Estate
|
|
06/08/2017
|
4 Bed
|
3 Bath
|
-
|
$3,995,000
4 Bed
3 Bath
|
$3,995,000
11/09/2017
|
-
|
Gardiner Lyon
Compass
|
|
05/30/2017
|
2 Bed
|
2 Bath
|
-
|
$4,250,000
2 Bed
2 Bath
|
$4,250,000
02/05/2021
|
-
|
Joshua Wesoky
Compass
|
|
04/26/2017
|
1 Bed
|
1 Bath
|
850 ft²
|
$899,000
1 Bed
1 Bath
850 ft²
|
-
-
|
-
|
Jr Barrus
Compass
|
|
03/20/2017
|
1 Bed
|
1 Bath
|
850 ft²
|
$1,100,000
1 Bed
1 Bath
850 ft²
|
$990,000
-10.00%
09/06/2017
|
-
|
Irwin Goldberg
Corcoran Group
|
|
02/27/2017
|
1 Bed
|
1 Bath
|
-
|
$1,025,000
1 Bed
1 Bath
|
$980,000
-4.39%
07/13/2017
|
-
|
Bruce Solomon
Douglas Elliman Real Estate
|
|
01/17/2017
|
1 Bed
|
1 Bath
|
-
|
$1,200,000
1 Bed
1 Bath
|
$1,195,000
-0.42%
05/03/2017
|
-
|
Frank Arends H
Douglas Elliman Real Estate
|
|
01/17/2017
|
3 Bed
|
3.5 Bath
|
-
|
$10,850,000
3 Bed
3.5 Bath
|
-
-
|
-
|
Joshua Wesoky
Compass
|
|
01/03/2017
|
1 Bed
|
1 Bath
|
850 ft²
|
$1,350,000
1 Bed
1 Bath
850 ft²
|
$1,325,000
-1.85%
03/27/2017
|
-
|
Bruce Solomon
Douglas Elliman Real Estate
|
|
05/18/2016
|
1 Bed
|
1 Bath
|
-
|
$950,000
1 Bed
1 Bath
|
-
-
|
-
|
Matthew Cohen
Halstead Property, LLC
|
|
05/04/2016
|
5 Bed
|
4.5 Bath
|
-
|
$14,950,000
5 Bed
4.5 Bath
|
-
-
|
-
|
Joshua Wesoky
Compass
|
|
01/28/2016
|
1 Bed
|
1 Bath
|
-
|
$1,150,000
1 Bed
1 Bath
|
$1,150,000
02/05/2021
|
-
|
Glenn Norrgard
Sothebys International Realty
|
|
01/28/2016
|
2 Bed
|
2 Bath
|
-
|
$2,295,000
2 Bed
2 Bath
|
-
-
|
-
|
Glenn Norrgard
Sothebys International Realty
|
|
10/30/2015
|
1 Bed
|
1 Bath
|
-
|
$1,190,000
1 Bed
1 Bath
|
-
-
|
-
|
Matthew Gulker
Prudential Douglas Elliman Real Estate
|
|
10/29/2015
|
1 Bed
|
1 Bath
|
-
|
$1,100,000
1 Bed
1 Bath
|
$1,115,000
+1.36%
02/05/2021
|
-
|
Kristin M. Hurd
Brown Harris Stevens
|
|
10/19/2015
|
2 Bed
|
2 Bath
|
1400 ft²
|
$2,750,000
2 Bed
2 Bath
1400 ft²
|
$2,750,000
02/05/2021
|
-
|
Kyle Blackmon
Compass
|
|
09/16/2015
|
1 Bed
|
1 Bath
|
-
|
$1,195,000
1 Bed
1 Bath
|
$1,180,000
-1.26%
02/05/2021
|
-
|
Matthew Cohen
Halstead Property, LLC
|
|
09/09/2015
|
5 Bed
|
3 Bath
|
2248 ft²
|
$4,985,000
5 Bed
3 Bath
2248 ft²
|
$3,200,000
-35.81%
09/15/2016
|
-
|
PATRICIA LAROCCO
Prudential Douglas Elliman Real Estate
|
|
08/07/2015
|
1 Bed
|
1 Bath
|
855 ft²
|
$1,165,000
1 Bed
1 Bath
855 ft²
|
$1,115,000
-4.29%
12/23/2015
|
-
|
Bruce Solomon
Douglas Elliman Real Estate
|
|
04/21/2015
|
1 Bed
|
1 Bath
|
865 ft²
|
$950,000
1 Bed
1 Bath
865 ft²
|
$925,000
-2.63%
07/23/2015
|
-
|
Bruce Solomon
Douglas Elliman Real Estate
|
|
06/18/2014
|
1 Bed
|
1 Bath
|
800 ft²
|
$915,000
1 Bed
1 Bath
800 ft²
|
-
-
|
-
|
Carol Nemeroff
Compass
|
|
05/09/2014
|
2 Bed
|
2 Bath
|
-
|
$1,999,000
2 Bed
2 Bath
|
$1,998,000
-0.05%
02/05/2021
|
-
|
Lisa Lippman
Brown Harris Stevens Residential Sales LLC
|
|
03/31/2014
|
1 Bed
|
1 Bath
|
900 ft²
|
$1,195,000
1 Bed
1 Bath
900 ft²
|
$1,200,000
+0.42%
07/16/2014
|
-
|
Susan Green
Compass
|
|
10/17/2013
|
1 Bed
|
1 Bath
|
850 ft²
|
$895,000
1 Bed
1 Bath
850 ft²
|
$875,000
-2.23%
03/20/2014
|
-
|
Matthew Gulker
Prudential Douglas Elliman Real Estate
|
|
10/06/2013
|
2 Bed
|
2 Bath
|
1400 ft²
|
$2,195,000
2 Bed
2 Bath
1400 ft²
|
$2,100,000
-4.33%
02/13/2014
|
-
|
Bruce Solomon
Douglas Elliman Real Estate
|
|
08/27/2013
|
1 Bed
|
1 Bath
|
900 ft²
|
$1,150,000
1 Bed
1 Bath
900 ft²
|
$1,075,000
-6.52%
02/05/2021
|
-
|
PATRICIA LAROCCO
Prudential Douglas Elliman Real Estate
|
|
08/02/2013
|
1 Bed
|
1 Bath
|
900 ft²
|
$1,195,000
1 Bed
1 Bath
900 ft²
|
$995,000
-16.74%
01/29/2014
|
-
|
Alexander Lubschik
Christie's International Real Estate Group LLC
|
|
07/03/2013
|
1 Bed
|
1 Bath
|
-
|
$780,000
1 Bed
1 Bath
|
-
-
|
-
|
Richard J.
Halstead dba Brown Harris Stevens Residential Sales LLC
|
|
03/18/2013
|
3 Bed
|
2 Bath
|
-
|
$2,349,000
3 Bed
2 Bath
|
$2,249,000
-4.26%
02/05/2021
|
-
|
Lisa Lippman
Brown Harris Stevens Residential Sales LLC
|
|
03/15/2013
|
1 Bed
|
1 Bath
|
-
|
$850,000
1 Bed
1 Bath
|
$820,000
-3.53%
02/05/2021
|
-
|
Lisa Lippman
Brown Harris Stevens Residential Sales LLC
|
|
03/05/2013
|
1 Bed
|
1 Bath
|
875 ft²
|
$879,000
1 Bed
1 Bath
875 ft²
|
$879,000
02/05/2021
|
-
|
Bruce W Solomon
Prudential Douglas Elliman Real Estate
|
|
10/02/2012
|
3 Bed
|
3 Bath
|
-
|
$11,800,000
3 Bed
3 Bath
|
-
-
|
-
|
Thomas Hemann
Compass
|
|
10/29/2012
|
2 Bed
|
2 Bath
|
-
|
$2,399,000
2 Bed
2 Bath
|
$2,399,000
02/05/2021
|
-
|
Lisa Lippman
Brown Harris Stevens Residential Sales LLC
|
|
09/21/2012
|
1 Bed
|
1 Bath
|
865 ft²
|
$725,000
1 Bed
1 Bath
865 ft²
|
-
-
|
-
|
Bruce W Solomon
Prudential Douglas Elliman Real Estate
|
|
09/20/2012
|
1 Bed
|
1 Bath
|
875 ft²
|
$789,000
1 Bed
1 Bath
875 ft²
|
-
-
|
-
|
Bruce W Solomon
Prudential Douglas Elliman Real Estate
|
|
09/20/2012
|
1 Bed
|
1 Bath
|
865 ft²
|
$989,000
1 Bed
1 Bath
865 ft²
|
-
-
|
-
|
Bruce W Solomon
Prudential Douglas Elliman Real Estate
|
|
09/20/2012
|
1 Bed
|
1 Bath
|
850 ft²
|
$1,059,000
1 Bed
1 Bath
850 ft²
|
-
-
|
-
|
Nicholas Leighton
Prudential Douglas Elliman Real Estate
|
|
12/07/2011
|
1 Bed
|
1 Bath
|
850 ft²
|
$839,000
1 Bed
1 Bath
850 ft²
|
-
-
|
-
|
Fabrizio Uberti Bona
Citi Habitats, Inc.
|
|
11/28/2011
|
1 Bed
|
1 Bath
|
900 ft²
|
$995,000
1 Bed
1 Bath
900 ft²
|
$915,000
-8.04%
05/24/2012
|
-
|
Susan Green
Compass
|
|
07/28/2009
|
1 Bed
|
1 Bath
|
-
|
$1,195,000
1 Bed
1 Bath
|
-
-
|
-
|
Bruce W Solomon
Prudential Douglas Elliman Real Estate
|
Building Info
- 731 Units
- 1 Unit for Sale
About Midtown Manhattan
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