508 W 24

508 W 24 is a condo located 508 West 24th Street, in West Chelsea, New York. The building was first built in 2013 and is 11 years old. The lot that the building was built on is 75 feet wide and 99 feet long. The official lot area is listed as 7,406 square feet. The building itself is 75 feet wide and 70 feet long. In total, 508 West 24th Street has a total floor area of 41,899 square feet. Of that, 36,685 square feet are used for residential purposes. About 5,214 square feet of the building are used for commercial purposes. There are a total of 16 units. Of those, 14 are residential units. There are 2 commercial units. 508 West 24th Street has a total of 10 floors. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? 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. Alternatively, take a stroll around the building's courtyard. There are 31 closings on record, of which we have matching data for 4 listings. In the past 3 years, a listing in this building will typically remain on the market for about 219 days Meaning, listings tend to sell at a median of $2,081 price per square foot. The transaction that took the longest to complete was unit PHN, listed on Apr 23, 2014 for $12,000,000. This particular unit ultimately sold 300 days later for $11,400,000. The most recent transaction was for unit 5NS, which was first advertised on May 31, 2023, sold for $10,500,000 on Oct 17, 2023. Fun fact, the oldest transaction we have on record took place on Mar 04, 1969. See the full transaction history for 508 W 24 below.

West Chelsea, where 508 West 24th 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 $8,225,000. For interested buyers, that means the building's median asking price is around 9.97% above the neighborhood's median asking price for condos. A buyer may therefore end up paying more for a unit in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.