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One-Bedroom Residential Income Property
New
For Sale
$850,000

410 W 24TH Street 7M, New York City, NY 10011

Sponsor unit with south-facing exposures, generous storage, and access to a full-service residential building.

Property SizeContact for details
Days on Market7

Property Features for 410 W 24TH Street 7M

General Information

Standard status Active
Property subtype Apartment

Units

Unit Mix 1 x 1BR/1BA
Multifamily Units 1

Amenities

full-time doorman
live-in resident manager
fitness center
heated pool
sauna
steam room
private garden
landscaped roof deck
laundry room
bicycle storage room
parking garage

Building Details

Year Built 1929
Listing Agency: Douglas Elliman Real Estate
Listed By: Daniela Kunen · License #30KU0994635
Source: Nilelundgren
Added: Aug 18 Changed: Aug 23 Last Checked: Aug 24 at 1:23PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Douglas Elliman Real Estate

Investment Insights

Based on property information with market context.

Residence 7M is a one-bedroom home within London Terrace Towers, a historic residential complex completed in 1929. The living room and bedroom face south, with the living room overlooking the gardens of London Terrace. Interior features include high ceilings, a kitchen with substantial storage, a full bathroom, and multiple closets, including three walk-in closets; one can accommodate a desk. The property is identified as a sponsor unit with no board approval required.

Building services and amenities include a full-time doorman, live-in resident manager, fitness center, heated pool, sauna, steam room, private garden, landscaped roof deck, laundry room, bicycle storage, and an available parking garage. Financing is permitted up to 80%, and the property carries no flip tax.

Key Highlights

  • One‑bedroom sponsor unit at 410 W 24TH Street 7M, New York City, NY 10011
  • South‑facing living room and bedroom; living room overlooks the gardens of London Terrace
  • High ceilings, full bathroom, kitchen storage, and three walk‑in closets

Property Analytics

Current Use

PrinterRepair.NYC Computer & Electronic Repair London Terrace Cleaners (Bike/Boat/Book/etc) Store mario egozi architect Architect R & L Grocery Grocery & Convenience Store The Awakenist Spiritual Center

Suggested Use

Top Pick Pet Grooming Service Buffet Adult Day Care Nursing Home (Bike/Boat/Book/etc) Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

28,863
Businesses Nearby

Demographics for 10011, NY

53,318
Population
35,049
Households
1.5
Avg Household Size
39
Median Age
79%
College-Educated
96%
High-School Grad
0.6 sq mi
ZIP Area
88,863
Density / Sq Mi
$146,571
Median Household Income
$113,503
Median Earnings
$2,868
Median Rent
$1,165,800
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Sponsor unit with south-facing exposures, generous storage, and access to a full-service residential building.
Where is this residential income property located?
The property is located at 410 W 24TH Street 7M New York City, NY.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: One‑bedroom sponsor unit at 410 W 24TH Street 7M, New York City, NY 10011; South‑facing living room and bedroom; living room overlooks the gardens of London Terrace; High ceilings, full bathroom, kitchen storage, and three walk‑in closets
More about this property
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