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525 West 24th Street #2, New York, NY 10011

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525 West 24th Street #2, New York, NY 10011

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Building Overview

Property address 525 W 24th St
Alternate address(es) 525-531 W 24th St
Zip code 10011
Borough Manhattan
Block & lot 00696-7501
Lot dimensions
Lot sqft 9,875 i
Buildings on lot 1
Building class Special Condominium Billing Lot (R0)

Zoning

Unit Overview

Unit # 2
Gross sqft 5,146
Condo complex 1228

Ownership Information

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Other Critical Property Data

Neighborhood Chelsea
Commercial units 1
Maximum floor area ratio
Certificate of occupancy

Title Documents

Quickly perform a preliminary title search on your own. Records go back to 1966 and include the complete history of deeds, mortgages, assignments of leases and rents, and more! Plus, scanned images of document images are one-click away.

Doc rec date Type Amount Party 1 Party 2 Doc image
04/25/2018 - R Initial UCC1
03/19/2018 - D Assignment, Mortgage
03/02/2018 - D Assignment of Leases and Rents
03/02/2018 - D Agreement
03/02/2018 - D Mortgage
03/02/2018 - D Deed
02/05/2018 - D Termination of Assign of L&R
02/05/2018 - D Satisfaction of Mortgage
06/29/2006 - D Assignment of Leases and Rents
06/29/2006 - D Agreement
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R: Recorded date
D: Document date

Property Taxes

Access detailed property tax data for 525 W 24th St. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year 2018/2019
Tax assessor's market value $2,357,000
Projected tax assessor's market value $0
Current tax bill $98,420

Assessment History

Check out this property's assessment history, including the evolution of the total tax rate and corresponding property tax.

Year Building class Market value Assessed value Taxable Tax rate% Base tax Property tax
2017/18 RK $2,202,000 $990,900 $882,044 10.514% $92,738 $92,738
2016/17 RK $2,091,000 $940,950 $893,564 10.574% $94,485 $94,485
2015/16 RK $1,933,500 $870,075 $870,075 10.656% $92,715 $92,715
2014/15 RK $1,817,500 $817,875 $817,875 10.684% $87,382 $87,382
2013/14 RK $1,756,500 $790,425 $790,425 10.323% $81,596 $81,596
2012/13 RK $2,330,000 $1,048,500 $926,699 10.288% $95,339 $95,339
2011/12 R5 $2,033,333 $915,000 $915,000 10.152% $92,891 $92,891
2010/11 R5 $2,125,000 $956,250 $956,250 10.312% $98,609 $98,609
2009/10 R5 $2,220,000 $999,000 $999,000 10.426% $104,156 $104,156
2008/09 R5 $2,240,000 $1,008,000 $985,959 10.241% $100,972 $100,972
2007/08 R5 $638,400 $287,280 $252,698 10.059% $25,419 $25,419
2006/07 R5 $2,073,500 $933,075 $557,892 10.997% $61,351 $61,351
2005/06 R5 $1,815,000 $816,750 $430,677 11.306% $48,692 $48,692
2004/05 R5 $735,300 $330,885 $322,947 11.558% $37,326 $37,326
2003/04 R5 $825,000 $371,250 $311,715 11.431% $35,632 $35,632

Permits

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Data not available for this property.

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Map

Chelsea residential market stats

Check out the median sale price in Chelsea and compare it to the borough´┐Żs median. You can download an in-depth market report for Chelsea, with complete list of sales and more trends from our Market Reports page.

Median Sale Price
$1,125,000
1% YoY
Median Price/Sqft
$1,536
1% YoY
Manhattan Median Sale Price
$1,095,000
1% YoY

Demographics By Zip Code 10011

Demographic data shown in this section was gathered from the 2014 American Community Survey and refers to zip code 10011.
Population Demographics
Total population 52,941
Female population 49.2%
Male population 50.8%
Median age 39.6
Male median age 40.8
Female median age 37.6
Education
No highschool 1.9%
Some highschool or college 21.0%
Bachelors degree 39.0%
Other
Citizens 90.8%
Citizens born in US 78.2%
English speakers 97.7%
Journey to Work
Work in a metropolitan area 99.4%
Work in a micropolitan area 0.2%
Work at home 7.4%
Go to work by car 5.6%
Go to work after 10 am 14.9%
Economic/Employment
Average household income $193,307
White collar 97.8%
Blue collar 2.2%
Housing
Family households 28.6%
Households with kids 11.3%
Housing units 34,027
Occupied housing units 29,921
Owner occupied units 33.7%
Average number of people per household 1.7
Median year structure built 1939
Houses with mortgages 58.8%
Wealth
Median value for units with a mortgage $904,700
Median value for units without a mortgage $901,900
Median gross rent $1,933
Median housing costs per month $1,988
Population in poverty 8.6%

Neighbors

Here are the neighbors for 525 W 24th St.

Address Property class Square feet Purchase date Purchase price
325 12th Ave, New York Miscellaneous Vacant Land (V9)
616 W 24th St, New York Parks/Recreation Facilities (Q1) 6/3/1977 M
156-162 12th Ave, New York Parks/Recreation Facilities (Q1) 12/7/1979
201 11th Ave, New York Miscellaneous Garage or Gas Station (G9) 440,360 10/17/1984
281 11th Ave, New York Railroad - Private Ownership (U6) 12/29/1978
613 W 29th St, New York Predominant Retail with Other Uses (K4) 58,154 12/31/2009
651 W 33rd St, New York Unlicensed Parking Lot (G7) 7/11/2012 M
360 West St, New York Miscellaneous Indoor Public Assembly (P9) 3,460,596 2/23/1989
65 11th Ave, New York Miscellaneous Vacant Land (V9) 2/23/1981
131 10th Ave, New York Zoned Commercial or Manhattan Residential (V1) 12/23/2014 M
507-509 W 25th St, New York Unlicensed Parking Lot (G7) 6,350 11/4/2005 M
285-287 10th Ave, New York Multi-Story Retail Building (2 or More) (K2) 4,344 10/26/2012
507 W 27th St, New York One Story Retail Building (K1) 7/23/2013 M
323 10th Ave, New York Elevator Apartment - Fireproof with Stores (D6) 269,584 7/1/2011 M
438-444 11th Ave, New York Zoned Commercial or Manhattan Residential (V1) 4/14/2016
547 W 38th St, New York Unlicensed Parking Lot (G7) 9/29/2009 M
496-510 11th Ave, New York Bridge, Tunnel, Highway (U1) 6/27/1986 M
459-461 W 19th St, New York One Story Retail Building (K1) 3,800 6/27/2017
278-292 10th Ave, New York Elevator Apartment - Fireproof without Stores (D3) 159,200
294 10th Ave, New York Parks/Recreation Facilities (Q1) 18,924

Useful neighborhood information

Transport

Public transportation is relatively simple within Chelsea, as the neighborhood is reachable by six different NYC bus routes and has several subway stations: • IRT Broadway – Seventh Avenue servicing the 1 and 2 routes. • IND Eight Avenue servicing the A, C, and E routes. • IND Sixth Avenue servicing the F and M trains. • 34th Street – Hudson Yards servicing the IRT Flushing 7 Line train.

Schools

There are 17 schools in Chelsea, including both primary and secondary schools. MS 260 Clinton School Writers and Artists is considered one of the best schools in the neighborhood and is consistently ranked highly. Chelsea's public schools are a part of the New York City Geographic District #2, which is the only district in all of Manhattan that has its own high schools, 7 in total.

Health

There are numerous urgent care walk-in facilities within Chelsea and several highly-rated medical groups including Mount Sinai Doctors. The closest hospital is Lenox Health Greenwich Village.

Safety

Chelsea is part of the 10th Precinct, which recorded 21.14 crimes per 1,000 residents in 2015. The neighborhood' safety is average for Manhattan.

Schools in the area

Ps 33 Chelsea Prep

Grade: PK-5

Distance: 0.25 miles

Ps 11 William T Harris

Grade: PK-5

Distance: 0.39 miles

Disclaimer:

The data displayed in this section is provided by GreatSchools.org. The schools linked to this address are selected based on geographic proximity and do not take into account school attendance zones.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 525-531 W 24th St, New York, NY 10011
  • Property Description

    Located in Chelsea, 525 W 24th St, New York, NY 10011 is a Retail Space (RK) property that sits on a 9,875 square feet lot. The property was built in 1947 and it is part of school district - . The closest police station is located 0.00 Miles from this property. 525 W 24th St, New York, NY 10011 has an assessed market value of $2,357,000 and a current tax bill of $98,420.

    525 W 24th St, New York, NY 10011 is part of 10011 zip code, where there are a total of 34,027 housing units. The average household income in 10011 is $193,307. Properties in 10011 have a median year built of 1939. 58.84% of houses in 10011 have a mortgage and the median value for units in 10011 is $904,700.