# 40 West 24th Street, Manhattan

Co-op · 24 units · built c. 1906 · Block 825, Lot 71.

On Umarelli: https://umarelli.org/nyc/1008250071/40-west-24-street

More construction in Flatiron: https://umarelli.org/nyc/manhattan/flatiron.md

Every lot on block 825: https://umarelli.org/nyc/manhattan/825.md

## Building permits

- Alteration, filed May 20, 2026, described as “Suspended scaffold installation for facade repairs and inspections”
- Alteration, filed May 13, 2026, estimated cost $5K, described as “Installation of a temporarily heavy-duty sidewalk shed per plan submitted. Work shall comply with 2022 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Mar 30, 2026, estimated cost $252K, described as “The scope of work is limited to the facade repairs at front and rear facades as part of local law 11 facade repair work. No change to use, egress, or occupancy.”
- Alteration, filed Oct 31, 2024, estimated cost $215K, described as “Filing for repair of sidewalk vault on the exterior of the listed property. No change in use, egress, or occupancy.”
- Alteration, filed May 9, 2024, estimated cost $72K, described as “Interior general construction for apt 10W as shown herewith. No changes to egress, occupancy or use”
- Alteration, filed Dec 7, 2022, estimated cost $80K, described as “Interior renovation of existing dwelling unit as indicated on the drawings.”
- Alteration, filed Dec 7, 2022, estimated cost $30K, described as “Plumbing work in connection with interior renovation.”
- Alteration, filed Jun 17, 2022, estimated cost $35K, described as “Structural vault shoring project. No change in use, egress or occupancy”
- Alteration, filed Mar 24, 2022, estimated cost $1K, described as “Replacement of kitchen sink, faucet, dishwasher, and gas range at the existing locations. No change in plumbing risers.”
- Alteration, filed Mar 18, 2022, estimated cost $279K, described as “Reconfiguration of non-load bearing partitions to create 2nd bedroom, new closets, to enlarge existing den. The work includes new kitchen cabinets, appliances, countertop, floor tile, and new lighting throughout. No exterior work.”
- Alteration, filed Nov 15, 2021, estimated cost $63K, described as “Application filed for interior renovation of non-load bearing partitions, ceilings, and finishes on the 8TH fl (apt 8E) as per plans filed herewith. No change in use, egress, or occupancy.”
- Alteration, filed Jun 18, 2021, estimated cost $16K, described as “Replacement of interior staircase between 1st-floor and mezzanine no change of use, egress, or occupancy under this application.”
- Alteration, filed Jun 16, 2021, estimated cost $8K, described as “Installation new staircase. Removal and replacement of ceiling, floors, and window. No change of use, egress, or occupancy under this application.”
- Alteration, filed Sep 21, 2020, estimated cost $5K, described as “Register gas boiler.”
- Alteration, filed Mar 18, 2020, estimated cost $5K, described as “Installation of sidewalk shed as per plans. Sidewalk shed live load 300 psf shall comply with chapter #33 of the 2014 code no change to use, egress or occupancy.”

## Property taxes

- Assessment: $10,578,600
- 2026–27 tax: $1,061,824
- Market value (city estimate): $23,508,000
- Taxable value: $9,682,230
- Assessed land: $1,062,000
- Assessed improvements: $9,516,600

## Tax breaks

- Co-op and condo abatement, with no end date, a $142,548 credit this tax year.

## Zoning

M1-8A/R11: floor area ratio 9.43 built, 12.00 allowed by base zoning.

## Recent sales

- Sep 9, 2026: $2,755,000
- Feb 6, 2026: $2,700,000
- Oct 31, 2025: $1,800,000
- Apr 1, 2024: $1,650,000
- Apr 19, 2023: $1,726,550
- Jun 7, 2022: $2,525,000
- May 5, 2022: $1,700,000
- Feb 9, 2022: $2,830,000
- Jan 31, 2022: $2,350,000
- Sep 14, 2021: $1,765,000

The 10 most recent of 14 open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

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

## Landmarks

Part of Ladies' Mile Historic District (Historic District). 50 Landmarks Preservation Commission permits are on file.

## 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…
- Flatiron BID Expansion (City Planning 2021M0260): Business improvement district, Completed, filed Nov 30, 2020, decided May 19, 2021. An application from the Small Business Services (SBS) on behalf of the Flatiron Business Improvement District (BID) to modify the existing plan and expand the BID in Community Districts 4 and 5 of Manhattan.
- 40 WEST 24TH ST (City Planning P1983M1334): Completed, decided Feb 15, 1984. CERT-GRANDFATHERING DETERMINATION (ZR15-015) FOR 25\*UNITS-10 FLRS

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