The listing facts are current enough for an initial property review.
for saleRealtyLens property overview
$1,295,000
124 W 24th St Apt 2B
New York, NY, 10011
View more New York, NY property pages1Beds
2Baths
1,091Sqft
$1187$/sqft
Listing Notes
Stunning & Quiet Chelsea Loft | New Price & Look: $1, 295, 000Quiet and perfectly positioned, this is the best-priced above-ground 1-bedroom loft condo in Chelsea, a true downtown gem with a fresh new look and unbeatable value.Discover a stunning and expansive 1-bedroom, 2-bathroom loft in the heart of Chelseas vibrant neighborhood, offering an exceptional blend of historic charm and modern sophistication.This impressive home features soaring 10.5-foot ceilings, exposed wood beams, original columns, and four oversized casement windows that flood the space with warm southern light. The open and airy living area easily accommodates a home office or overnight guests, making it perfect for both work and relaxation.Nestled in a boutique prewar condominium loft building dating back to 1920, the residence combines timeless character with contemporary comfort. Enjoy the convenience of a virtual doorman, large keyed elevator, and video intercom system for modern security and ease of living.Located just moments from Whole Foods, Eataly, the High Line, world-class dining, and top transportation, this Chelsea loft offers the perfect balance of comfort, style, and accessibility.
Market Insights
Below nearby median-16%
$1187/sqft vs a nearby median of $1416/sqft.
Nearby median$1416/sqft
Nearby properties8
Property size1,091 sqft
- -16% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 1,091 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$1.42M$1.31M – $1.53M · 62% confidence
vs ask $1.29M−$129k (−10.0%)
Asking price is about 10.0% below the fair value — likely to draw competing offers if it's still on market.
$1,286/sqft median across 3 tight comps × 1,091 sqft= $1.40M
- Transit access+$56k +4.0%
- Days-on-market gravity−$42k −3.0%
- Pre-war character+$35k +2.5%
- Visible condition issues−$28k −2.0%
Cumulative NYC adjustments+$21k+1.5%
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Price history is still limited; review again as more market activity becomes available.
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Listing Details
- Days on market
- 342 days
- Last price change
- No change recorded
- Listed
- Jun 4, 2025
- Photos
- 15 photos
- Property type
- condos
- Status
- for sale
Features & Amenities
Laundry RoomTwo Or More StoriesHigh CeilingElevator
Photos
Building Facts
- Year built
- 1888
- Stories
- 6
- Total units
- 26
- Residential units
- 20
- Building area
- 36,462 sqft
- Lot size
- 6,584 sqft
- Land use
- Mixed residential and commercial buildings
- Building class
- RM
From NYC public records where available.
Price History
May 4, 2026Initial record
$1,295,000for sale
Public Records
DOB violations1 open
32 total recorded against the building
HPD violations0 open
2 total recorded
ACRIS documents0
Tax-lot deed, mortgage, and transfer records on file
311 calls (12 mo)23,463
Top: encampment
Top complaint types in ZIP 10011
- Encampment3,787
- Noise - Residential1,437
- Illegal Parking1,314
- Homeless Person Assistance1,218
- HEAT/HOT WATER1,215
Recent DOB
- May 20, 2019V*-DOB VIOLATION - DISMISSED · EVCAT5-NON-RESIDENTIAL ELEVATOR PERIODIC INSPECTION/TEST ELEVATORREQUIRED
- Apr 5, 2019V*-DOB VIOLATION - DISMISSED · EVCAT1-ELEVATOR ANNUAL INSPECTION / TEST ELEVATORREQUIRED
- Apr 6, 2018V*-DOB VIOLATION - DISMISSED · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
- Aug 22, 2013V*-DOB VIOLATION - Resolved · E-ELEVATOR ELEVATORREQUIRED
Recent HPD
- Oct 10, 2018Class I · §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITE...
- Jan 31, 2017Class C · § 27-2031 ADM CODE PROVIDE HOT WATER AT ALL HOT WATER FIXTURES IN THE ENTIRE APARTMENT LOCATED AT APT 2A, 2nd STORY, 1st APARTMENT FROM NORTH AT EAST
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.