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London Terrace Towers, 470 West 24th Street, #16H

$985,000 | 1 bed, 1 bath
Building Profile  | 
280 days on Market

Key Details

  • Listed: Mar 16, 2024
    Last Price Change: ($14,000) on May 21
    Days on Market: 280
    Building Type: Cooperative
    Neighborhood: Chelsea (Manhattan)
    Doorman: FT Doorman
    Listing viewed 418 times
Monthly Maintenance: $2,620
Est. Monthly Mortgage: $5,232
Total Est. Monthly Carrying Cost: $7,852
Note: the above is based on a down payment of 20% ($197,000), which is the minimum amount permitted by the building.

Description

DEAL FELL THROUGH - BACK ON MARKET! S ARE BY APPOINTMENT ONLY. An elegant, classic prewar one-bedroom home with stunning city views located in London Terrace, situated within the heart of West Chelsea, just steps from the Highline. As you enter the residence through the spacious foyer, you’ll appreciate the walk-in coat closet for your convenience. This beautiful home is in excellent condition and features a massive, extra-wide living/dining room with high ceilings and crown molding, perfect for entertaining guests.

The renovated kitchen features stainless steel appliances, stone counters, and a glass mosaic backsplash. New walnut-stained white oak floors, beautiful molding, gorgeous light fixtures, and hardware throughout add to the apartment’s timeless charm. The king-sized bedroom boasts stunning arched casement windows, and there is a hallway walk-in closet for additional storage.

The spacious bathroom embraces its prewar roots with subway-tiled walls, a tremendous pedestal sink, an original cast-iron tub, and two medicine cabinets, one with a full-length mirror. The apartment also boasts skim-coated walls and 9’ ceilings. London Terrace Towers also offers a range of amenities, including a 1/2 Olympic size indoor heated pool, steam rooms, showers, and saunas in the men’s and women’s private locker rooms. For those looking to stay in shape, there’s a state-of-the-art resident-only health facility available with memberships.

Plus, bike rooms and storage lockers are available for a nominal monthly fee. The building features 24-hour lobby attendants, a live-in Superintendent, and full-time porters. Additionally, pets are welcome on a case-by-case basis, and unlimited subleasing is allowed after the first year of ownership.

With Hudson River Park, Hudson Yards, Chelsea Piers, Chelsea Market, and some of New York City’s finest restaurants and hottest nightspots practically at your doorstep, this unbelievable location offers the perfect blend of lifestyle and convenience. Please note that there is a 2% flip tax, which is split equally between the buyer and seller.

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Apartment Amenities

  • Northern Exposures
Listing courtesy of Compass

Pricing History

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About London Terrace Towers, 470 West 24th Street

81

London Terrace Towers, 470 West 24th Street has received a CityRealty Rating of 81, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

30
Out of 44
+
25
Out of 36
+
17
Out of 39
+
9
=
81
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Distinguished 7 out of 8 points
Retail Quality:
Attractive 4 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Highly Visible 2 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Allowed and Present 0 out of 2 points
Free Standing:
Free Standing 2 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
Attractive 2 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
Part of Historic District 1 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Very Attractive with Trees 4 out of 5 points
Distance To Neighborhood Center:
Less than 40 blocks 2 out of 5 points
Views:
Dazzling 4 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Considerable 1 out of 3 points
Protected Views:
Many 2 out of 2 points
Distance To Subway:
3-5 Short Blocks 1 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
3-5 Short Blocks 1 out of 2 points
Distance To Park:
More than 6 Short Blocks 0 out of 2 points
Distance To Water:
3-6 Short Blocks 1 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Minimal but Attractive 2 out of 5 points
Units Per Floor:
10-15 1 out of 5 points
Ceiling:
8-9 Feet 1 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
Yes, with Swimming Pool 2 out of 2 points
Private Gardens:
Substantial 2 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
Some 1 out of 1 points
Door Person:
None 0 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
Yes 1 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
Yes 1 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • Conversion Year: 1986
  • FT Doorman
  • High-Rise
  • Pre War
  • Full Service Garage
  • Garden
  • Health Club
  • Pool
  • Rooftop Terrace
  • Washer/Dryer in building
  • Elevator
  • Outdoor Entertainment Space
  • Bike Room
  • Live-In Superintendent
  • Terraces / Balconies

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Pros
  • Concierge
  • Health club with swimming pool
  • Close to many art galleries
  • Close to many restaurants
  • Sidewalk landscaping
  • Roof deck
  • Very large courtyard
  • Good cross-town buss service
  • Not far from Chelsea Piers
Cons
  • Many units
  • No balconies
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Subways

  1. C
  2. E
at 8th Ave and 25th 0.26 miles
  1. 1
at 7th Ave 0.43 miles
  1. A
  2. L
at 8th Ave and 16th 0.45 miles

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