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    127 W 24Th St New York, NY 10011

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    For Sale
    $4,114,800

    Creative loft-like office in prime Chelsea location.

    Property size:
    6,096 SF
    Lot size:
    0.14 Acres

    Property Features for 127 W 24Th St

    General Information

    Size
    6,096 SF
    Lot size
    0.14 Acres

    Source: Rudder Property Group Agent Michael Rudder

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Chelsea Office Space

    This attractively renovated office space features exposed brick, beam ceilings, and hardwood floors. The creative loft-like space includes large windows and high ceilings. Located in the heart of the thriving Chelsea submarket, the property is in close proximity to the FIT campus and Madison Square Park. It is also conveniently located near public transportation, including the A, C, E, 1, 2, F, M, N, and R trains. The 6096 square foot space is ideal for showrooms, artists, and creative users. The building features a renovated lobby and efficient cooperative management. Up to 90% financing is readily available for qualified purchasers.
    Location Intelligence

    Current Use by Public Records

    Consolidated Brick & Building Construction Company SJI Associates Advertising Agency Refined Sight Print Shop Michael Neumann Architecture Architect N Y Landmark ... General Contractor

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Hair Salon Dental Office Nail Salon Food Market Grocery Store Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9935295
    Latitude
    40.7441814

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    FAQs

    What type of property is this?
    Office space - Creative loft-like office in prime Chelsea location.
    Where is this office space located?
    The property is located at 127 W 24Th St New York, NY.
    What is the asking price?
    The asking price for this property is $4,114,800.
    What are key features of this property?
    This property features: - Prime Chelsea location near transportation, FIT, and Madison Square Park.; - Attractively renovated with exposed brick, beam ceilings, and hardwood floors.; - Creative loft-like office space with large windows and high ceilings.
    (646) 483-2203
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    127 W 24Th St New York, NY 10011
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    New York, NY 10011
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    127 W 24Th St New York, NY 10011
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