Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $2,350,000

Listed at $2,495,000 · Sold 5.8% below asking · Closed March 5, 2026

470 W 24th Street #7GJ
Closed For Sale Co-op

$2,495,000

470 W 24th Street #7GJ

Chelsea, Manhattan

London Terrace Towers

MLS® #RLS20024605

RLS at REBNY

Listing by Sothebys International Realty

2

Bedrooms

2.5

Baths

N/A

Sq. Ft.

1930

Year Built

Quick Summary

Bedrooms 2
Bathrooms 3 full, 1 half
Lot Size 49,375 sq ft
Year Built 1930
Ownership Co-op
Maintenance $5,057/mo
Parking Garage
Neighborhood Chelsea
Floor 7 of 19

Property Highlights

  • Exposure: South facing
  • Parking: Private garage
  • Character: Pre-war building (1930)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 6
Baths 2 Full, 1 Half
Floor 7 of 19
Exposure South
Pets Yes
Year Built 1930
Parking Garage Available
Structure Type None
Furnished Unfurnished
Lot Size 49,375 sq ft
Parcel # 0721-1002-00470-000-00007GJ
Block/Lot 00721/7501

Listing History

Event Date Price Change
Listed May 16, 2025 $2,750,000 -
Currently May 13, 2026 $2,495,000 -9.3%

Description

Prewar Perfection This convertible three-bedroom in the heart of Chelsea recently underwent a high-end renovation and is being offered in mint condition. Currently configured as a two-bedroom with two full bathrooms and a large powder room, this spacious home can easily be transformed into a three-bedroom, three bathroom by closing off the dining area and adding a shower in the powder room closet. Upon entering, one is instantly imparted with a sense of space. An entrance hall leads into an oversized, open-plan great room with four large south-facing windows and seamless flow. Anchoring the great room is a fully equipped chef’s kitchen with a massive island and full coterie of high-end appliances, including a Sub-Zero refrigerator, Wolf range, Miele coffee/espresso maker, and additional Marvel refrigerator drawers. The serene primary suite is comprised of a large south-facing bedroom flanked by a home office /dressing room, a fully fitted walk-in closet, and a stunning spa-like bathroom boasting a deep jacuzzi tub and a separate glass-enclosed steam shower. The second bedroom offers two additional large south-facing windows with a second full bathroom just adjacent. The supremely functional layout offers copious amounts of closet and storage space and an abundance of thoughtful details, including cleverly concealed through-wall air-conditioning, blackout shades in the bedrooms, two custom Marvel wine refrigerators, and Sonos surround-sound in every room. London Terrace Towers is an iconic prewar cooperative with a full suite of amenities, including a full-time doorman, live-in super, an indoor half-Olympic swimming pool, sauna, steam room, fully equipped gym, a stunning landscaped roof deck with beautiful views of the City, on-site parking garage, and a bike room. The monthly maintenance for this pet-friendly building includes electricity, gas, heat, and hot water. Convenient to a plethora of art galleries, museums, and restaurants, in addition to Whole Foods, Eataly, Trader Joe's, the Chelsea Market, the Meatpacking District, the High Line, Hudson River Park, and all the 23rd Street subway and bus lines.

Features & Amenities

Interior Features

Entrance Foyer Elevator Common On Floor

Exterior Features

Building Storage Building Garden Building Roof Deck

Building Amenities

Elevators

Appliances

Dishwasher

Building Information

Financial Details

Maintenance $5,057/mo
Original Price $2,750,000
Sale Price $2,350,000
Previous Price $2,750,000

Chelsea is the epicenter of New York’s contemporary art world and a hub for innovative architecture. Home to the High Line and Chelsea Market, the neighborhood mixes industrial history with modern luxury. The real estate market here is dominated by high-end condominium developments designed by world-renowned architects, alongside historic pre-war lofts and historic townhouses in the Chelsea Historic District.

Chelsea Live Market Data

View Neighborhood

Active Listings

319

Median Asking Price

$1.66M

Median $/Sqft

$1,746

Avg Days on Market

N/A

New This Week

18

Price Reduced

30%

Sold (30 Days)

35

Median Sale Price

$2.08M

Live data from RLS at REBNY • Updated 5/13/26, 10:43 AM EST

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Location

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470 W 24th Street #7GJ, Chelsea, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1932
Year Built
94 years old
19
Floors
2
Residential Units
R8A
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $105,464,700
Land Value: $6,094,351
Exemptions: $1,796,761

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 49,375 SF
Building Area: 668,258 SF
Built FAR: 13.53
Allowed FAR: 6.02

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $5,057 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $0, or roughly $0 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 2 full bathrooms and 1 half bathroom.

According to MLS records, the building was constructed in 1930, making it approximately 96 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20024605
First Listed: 5/16/2025
On Market: 5/16/2025
Price Changed: 6/16/2025
Closed: 3/5/2026
Contract Date: 5/16/2025

Listing Courtesy of Sothebys International Realty - Mark T Amadei

Listing Contact: (212) 431-2440

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/13/2026 at 2:43 PM UTC

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