New York City » 10011 » W 24th St » 525 W 24th St

525 West 24th Street #1, New York, NY 10011 - Property report

Also known as: 525 W 24th St #1

Property image for 525 West 24th Street #1, New York, NY 10011

Property type

Retail Space (RK)

Year built

1947

Lot sq. ft.

9,875

Sale price

$14,062,500

General information

Address

Primary address

525 West 24th Street #1

Alternate address(es)

525-531 W 24th St #1

ZIP code

10011

Neighborhood

Chelsea

Borough

Manhattan

Block & lot

00696-1001

Building

Property type

Retail Space (RK)

Unit sq. ft.

5,236

Buildings on lot

Stories

Year built

1947

Last altered

2007

Building material

Sales

Sale date

03/02/2018

Sale price

$14,062,500

Tax

Tax year

2026-2027

Property tax

$98,701

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot sq. ft.

9,875

Area overview

Walk score

97 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

94 /100. Biker's Paradise

School district

Community district

Closest police station

0.54 Miles

Closest fire station

0.65 Miles

View more such as transportation, nearby schools and risk designations.

Ownership

Ownership information for 525 West 24th Street #1, New York, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 525 West 24th Street #1, New York, NY 10011

Sale date	Sale price	Buyer name	Seller name
03/02/2018	$14,062,500	XXX XXX	XXXXX XXXXX, XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
12/03/2024 - R 11/26/2024 - D	Assignment of Leases and Rents (2024120200938003)	XXX XXX	XXXXXXX XXXX XXXXXXXX XXXXXXXXXXX
12/03/2024 - R 11/26/2024 - D	Agreement (2024120200938002)	XXX XXX	XXXXXXX XXXX XXXXXXXX XXXXXXXXXXX
12/03/2024 - R 11/26/2024 - D	Mortgage (2024120200938001)	XXX XXX	XXXXXXX XXXX XXXXXXXX XXXXXXXXXXX
05/16/2024 - R	UCC3 Continuation (2024051500911001)	XXX XXX	XXXXXXXX XXXXXXXX XXXX
05/14/2024 - R	UCC3 Amendment (2024051400221001)	XXX XXX	XXXXXXXX XXXXXXXX XXXX
06/05/2019 - R	Initial UCC1 (2019060300730007)	XXX XXX	XXXXXXXX XXXXXXXX XXXX
06/04/2019 - R	UCC3 Termination (2019060301083001)	XXX XXX	XXXXXXXX XXXX XX XXX
06/05/2019 - R 05/31/2019 - D	Termination of Assign of L&R (2019060300730008)	XXXXXXXX XXXX XX XXX	XXX XXX
06/05/2019 - R 05/31/2019 - D	Assignment of Leases and Rents (2019060300730006)	XXX XXX	XXXXXXXX XXXXXXXX XXXX
06/05/2019 - R 05/31/2019 - D	Agreement (2019060300730005)	XXX XXX	XXXXXXXX XXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 525 West 24th Street #1, New York, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax

Tax year

2025-2026

Property tax

$98,701

Municipal exemptions

Recent tax assessments

Market value

$2,119,000

Assessed value

$953,550

More about New York City property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year	Market value	Assessed value	Taxable amount	Tax rate	Base tax	Property tax	Y-o-Y change
2025/26	$2,071,000	$931,950	$879,165	10.848%	$95,372	$95,372	-2.65%
2024/25	$2,023,000	$910,350	$910,350	10.762%	$97,972	$97,972	+1.93%
2023/24	$2,016,500	$907,425	$907,425	10.592%	$96,114	$96,114	+6.72%
2022/23	$1,880,000	$846,000	$846,000	10.646%	$90,065	$90,065	+4.66%
2021/22	$1,778,000	$800,100	$800,100	10.755%	$86,051	$86,051	-24.63%
2020/21	$2,724,500	$1,226,025	$1,067,580	10.694%	$114,167	$114,167	+8.74%
2019/20	$2,487,500	$1,119,375	$996,389	10.537%	$104,990	$104,990	+6.67%
2018/19	$2,357,000	$1,060,650	$936,089	10.514%	$98,420	$98,420	+6.13%
2017/18	$2,202,000	$990,900	$882,044	10.514%	$92,738	$92,738	-1.85%
2016/17	$2,091,000	$940,950	$893,564	10.574%	$94,485	$94,485	+1.91%

Permits

Permit information for 525 West 24th Street #1, New York, NY

No recently recorded permits for this property.

More about New York City property records

Violations

DOB Violations

No recently recorded violations for this property.

Listings

Neighborhood

Manhattan commercial market stats

Review a detailed real estate market overview of Manhattan and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Manhattan and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$729

10.4% Y-o-Y

Q1 2026 median price/sq. ft.

$807

22.4% Y-o-Y

2025 median price/sq. ft.

$630

-8.1% Y-o-Y

Check out recently sold homes in Manhattan and see how their prices compare.

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

8th Ave & 24th St at NW Corner (Exit Only)

Station lines

C-E

Distance (miles)

0.415

View subway map

Access the detailed traffic volume map for 525 West 24th Street #1, New York, NY 10011 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Neighbors for 525 West 24th Street #1, New York, NY

294 10th Ave, New York 601 W 29th St, New York 507-509 W 25th St, New York 547 W 38th St, New York 496-510 11th Ave, New York 156-162 12th Ave, New York 325 12th Ave, New York 651 W 33rd St, New York 281 11th Ave, New York 438 11th Ave, New York 459 W 19th St, New York 65 11th Ave, New York 655 W 34th St, New York 201 11th Ave, New York 288 10th Ave, New York 285 10th Ave, New York 507 W 27th St, New York 616 W 24th St, New York

Nearby ZIP codes for 525 West 24th Street #1, New York, NY

10001, New York City, NY 10003, New York City, NY 10009, New York City, NY 10010, New York City, NY 10012, New York City, NY 10013, New York City, NY 10014, New York City, NY 10016, New York City, NY 10018, New York City, NY 10019, New York City, NY 10020, New York City, NY 10036, New York City, NY 10110, New York City, NY 10112, New York City, NY 10119, New York City, NY 10165, New York City, NY 10170, New York City, NY 10173, New York City, NY

Frequently asked questions

What is the year built for 525 West 24th Street #1, New York, NY 10011?

The development at 525 West 24th Street #1, New York, NY 10011 was built in 1947.

What is the market value of 525 West 24th Street #1, New York, NY 10011?

The current market value of 525 West 24th Street #1, New York, NY 10011 is $2,119,000.

What is the total square footage of 525 West 24th Street #1, New York, NY 10011?

525 West 24th Street #1, New York, NY 10011 has a total of 5,236 square feet.

What is the price per square foot for this property?

$2,685 per square foot is the price for 525 West 24th Street #1, New York, NY 10011.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.