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Manhattan / Chelsea-Hudson Yards / 10011

425 WEST 24 STREET

Boro1
Block722
Lot22
BBL1007220022
Class D4
Residential units
32
Units in total
32
Storeys
5
Year built
1900
Last alteration on file
1980
Recorded transfers
29 since 2003
01

What has sold here

Every transfer the City has recorded against this lot since 2003 with a consideration above zero. A co-op apartment has no deed, so its sale is recorded as a Real Property Transfer Tax return instead; both are printed here and the instrument is named in the last column. The figure is the consideration as filed, which is not always the price a buyer would recognise.

RecordedConsiderationUnitWhat transferredInstrument
26 Sep 2024$1,050,0001CSINGLE RESIDENTIAL COOP UNITRPTT&RET
13 Jun 2024$1,500,0001ASINGLE RESIDENTIAL COOP UNITRPTT&RET
2 Apr 2024$475,0004GSINGLE RESIDENTIAL COOP UNITRPTT&RET
11 May 2022$420,0002FSINGLE RESIDENTIAL COOP UNITRPTT&RET
13 Oct 2021$400,0003FSINGLE RESIDENTIAL COOP UNITRPTT&RET
8 Jul 2021$425,0003GSINGLE RESIDENTIAL COOP UNITRPTT&RET
31 Aug 2020$1,225,0001FSINGLE RESIDENTIAL COOP UNITRPTT&RET
7 May 2020$400,0003FSINGLE RESIDENTIAL COOP UNITRPTT&RET
20 Dec 2017$490,0003BSINGLE RESIDENTIAL COOP UNITRPTT&RET
16 Nov 2017$489,0002ASINGLE RESIDENTIAL COOP UNITRPTT&RET
16 Oct 2017$1,500,0001ASINGLE RESIDENTIAL COOP UNITRPTT&RET
23 Dec 2014$314,0004FSINGLE RESIDENTIAL COOP UNITRPTT&RET
30 Dec 2013$575,0005BSINGLE RESIDENTIAL COOP UNITRPTT&RET
18 Sep 2013$955,0001ESINGLE RESIDENTIAL COOP UNITRPTT&RET
9 Jul 2013$318,5004ASINGLE RESIDENTIAL COOP UNITRPTT&RET
23 Aug 2012$425,0002CSINGLE RESIDENTIAL COOP UNITRPTT&RET
21 Jun 2012$465,0004BSINGLE RESIDENTIAL COOP UNITRPTT&RET
20 Dec 2011$460,0003ESINGLE RESIDENTIAL COOP UNITRPTT&RET
16 Aug 2010$300,1002FSINGLE RESIDENTIAL COOP UNITRPTT&RET
23 Nov 2009$410,0004DSINGLE RESIDENTIAL COOP UNITRPTT&RET
30 Nov 2007$330,0002FSINGLE RESIDENTIAL COOP UNITRPTT&RET
24 Oct 2007$882,0001ESINGLE RESIDENTIAL COOP UNITRPTT&RET
28 Aug 2007$557,5005DSINGLE RESIDENTIAL COOP UNITRPTT
10 Oct 2006$530,0003ESINGLE RESIDENTIAL COOP UNITRPTT&RET
11 Feb 2005$585,0001ESINGLE RESIDENTIAL COOP UNITRPTT
21 Oct 2004$510,0001BSINGLE RESIDENTIAL COOP UNITRPTT&RET
21 Jul 2004$220,0002ASINGLE RESIDENTIAL COOP UNITRPTT
30 Jun 2004$350,6253ESINGLE RESIDENTIAL COOP UNITRPTT
11 Jun 2004$330,0003BSINGLE RESIDENTIAL COOP UNITRPTT
RPTT&RET
BOTH RPTT AND RETT. A New York City Real Property Transfer Tax return filed together with the New York State return. A co-operative apartment sale conveys shares rather than real property, so this return, and not a deed, is what gets recorded.
RPTT
NYC REAL PROPERTY TRANSFER TAX. A New York City Real Property Transfer Tax return filed on its own.

By year

YearTransfersMedian recordedLowestHighest
20243$1,050,000$475,000$1,500,000
20221$420,000--
20212$412,500$400,000$425,000
20202$812,500$400,000$1,225,000
20173$490,000$489,000$1,500,000
20141$314,000--
20133$575,000$318,500$955,000
20122$445,000$425,000$465,000
20111$460,000--
20101$300,100--
20091$410,000--
20073$557,500$330,000$882,000
20061$530,000--
20051$585,000--
20044$340,313$220,000$510,000
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 4,905 SQ FT5
Drawn from PLUTO: 5 storeys, 18,700 sq ft of building on 4,905 sq ft of lot, an average floor plate covering 76% of it. PLUTO records 2 buildings on this lot, so the mass drawn is their combined floor area. The dashed outline is the difference between the floor area ratio already built (3.81) and the residential floor area ratio of the zoning district (6.02). It is a diagram of recorded figures, not a picture of the building.
Lot area
4,905 sq ft
Building area
18,700 sq ft
Residential area
18,700 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
2
Built floor area ratio
3.81
Residential FAR permitted
6.02
Zoning district
R8A
03

Assessment

Assessed land value
$216,000
Assessed total value
$2,536,200
Exempt value
$12,145
Assessed per residential unit
$79,256

Assessed value is the figure the Department of Finance uses to levy property tax. For a class two building it is derived from an income approach and it is capped in how fast it can rise. It is not a market valuation and the two figures routinely differ by a wide margin. What the assessment does and does not tell you.

04

Classification and location

Building class
D4ELEVATOR COOPERATIVE
Neighbourhood
Chelsea-Hudson Yards
ZIP code
10011
Community district
Manhattan 4
Council district
3
Coordinates
40.747843, -74.001891
05

Other buildings in Chelsea-Hudson Yards

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
345 8TH AVENUED41,1341960475$131k
311 11TH AVENUED793820200-
415 WEST 23 STREETD990119345$1.97m
371 9 AVENUERM84420150-
311 WEST 24 STREETD47561963350$130k
539 WEST 28 STREETD871020130-
551 10 AVENUERM59820131-
476 11 AVENUED759020200-
320 WEST 38 STREETD856920070-
305 9 AVENUED45601963138$130k
505 WEST 35TH STREETRM53220200-
450 WEST 17 STREETRM4692006382$1.75m

Every building on file in Chelsea-Hudson Yards