# 124 West 24th Street, Manhattan

Condominium · 20 units · built c. 1920 · Block 799, Lot 7501.

On Umarelli: https://umarelli.org/nyc/1007997501/124-west-24-street

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

Every lot on block 799: https://umarelli.org/nyc/manhattan/799.md

## Building permits

- Alteration, filed Mar 14, 2025, estimated cost $118K, described as “General construction associated with Roof Bulkhead restoration. No change in occupancy, use or egress.”
- Alteration, filed Mar 23, 2021, estimated cost $25K, described as “Minor reconfiguration of partitions in existing 2nd fl apt #2D, to convert from a 1 bedroom apt into a 2 bedroom apt; as per plans filed herewith. There is no exterior work being proposed in anyway whatsoever. No change to use, egress or…”

## Property taxes

- Assessment: $5,910,301
- 2026–27 tax: $591,299
- Market value (city estimate): $13,133,992
- Taxable value: $5,361,341
- Assessed land: $1,244,254
- Assessed improvements: $4,666,047
- Condo units with their own tax lots: 26

## Tax breaks

- Co-op and condo abatement, with no end date, a $43,739 credit this tax year.

## Zoning

M1-8A/R11: floor area ratio 5.54 built, 12.00 allowed by base zoning.

## Recent sales

- May 14, 2026: $1,740,000, Apt 4A
- May 12, 2026: $1,150,000, Apt 2B
- Oct 30, 2025: $1,385,000, Apt 4B
- Feb 28, 2025: $1,715,000, Apt 2D
- Nov 2, 2023: $2,160,000, Unit PHA, sold with other lots
- Apr 10, 2023: $1,560,000, Apt 3A
- Mar 23, 2023: $1,500,000, Apt 2A
- Jul 18, 2022: $1,718,000, Apt 5B
- Dec 13, 2016: $2,250,000, Unit PHD

Open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

## Board and land use applications

- Midtown South Mixed-Use Plan (MSMX) (City Planning 2024M0142): Zoning map change, Zoning text change, Completed, filed Jan 16, 2025, decided Aug 14, 2025. The Department of City Planning is seeking a Zoning Map amendment from M1-6 and M1-6D to M1-9A/R12, M1-8A/R12, and M1-8A/R11 and a Zoning Text amendment to facilitate the development of housing and support critical economic activity across…
- Change to an earlier grant (Board of Standards and Appeals 174-04-BZII): Change to an earlier grant, Granted, filed Oct 31, 2014, decided Jul 28, 2015. Amendment to approve conveyance of unused development rights appurtenant to the subject site previously granted by the Board. M1-5 zoning district.
- Variance or special permit (Board of Standards and Appeals 174-04-BZ): Variance or special permit, Granted, filed Apr 28, 2004, decided Jun 14, 2005. Variance (§72-21) to permit the proposed relocation and expansion of an existing not-for-profit school, located in an R6B zoning district, which does not comply with the zoning requirements for lot coverage, is contrary to Z.R. §24-11 and…

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