# 425 West 24th Street, Manhattan

Co-op · 32 units · built c. 1900 · Block 722, Lot 22.

On Umarelli: https://umarelli.org/nyc/1007220022/425-west-24-street

More construction in Chelsea: https://umarelli.org/nyc/manhattan/chelsea.md

Every lot on block 722: https://umarelli.org/nyc/manhattan/722.md

## Building permits

- Alteration, filed Dec 13, 2023, estimated cost $5K, described as “Hereby filing for the installation of one(1) air cooled split heat pump system for unit 1C. No change to use occupancy or egress.”
- Alteration, filed Mar 10, 2022, estimated cost $63K, described as “Combination of units 3F & 3G. Related plumbing work filed under job # M00678578-I1.”
- Alteration, filed Mar 10, 2022, estimated cost $10K, described as “Modifications to existing plumbing system to combine apartments”
- Alteration, filed May 23, 2018, estimated cost $8K, described as “Alteration type 3 - construction equipment - sidewalk-shed proposed installation of heavy duty sidewalk shed for remedial repairs as per plans. No change in use occupancy or egress under this application. Live LOAD300 per square feet.…”

## Property taxes

- Assessment: $2,536,200
- 2026–27 tax: $244,105
- Market value (city estimate): $5,636,000
- Taxable value: $2,168,825
- Assessed land: $216,000
- Assessed improvements: $2,320,200

## Tax breaks

- Co-op and condo abatement, with no end date, a $25,951 credit this tax year.

## Zoning

R8A: floor area ratio 3.81 built, 6.02 allowed by base zoning.

## Recent sales

- Sep 1, 2026: $620,000
- Sep 26, 2024: $1,050,000
- Jun 13, 2024: $1,500,000
- Apr 2, 2024: $475,000
- May 11, 2022: $420,000
- Oct 13, 2021: $400,000
- Jul 8, 2021: $425,000
- Aug 31, 2020: $1,225,000, Apt 1F
- May 7, 2020: $400,000, Apt 3F
- Dec 20, 2017: $490,000

The 10 most recent of 12 open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard. FEMA’s preliminary map: zone X, moderate risk: a 0.2% chance of flooding each year.

From New York City and Jersey City public records, refreshed within a day of each release. Sources: https://umarelli.org/sources. Methodology and corrections: https://umarelli.org/methodology