$4,400,000

131 W 24th St Unit 5/6 New York City, NY 10011

4 beds
3 full
Condo

Property details

About 131 W 24th St Unit 5/6

A piece of New York City history. This sprawling loft was once the home and dance studio of the late renowned choreographer Louis Falco of the 1980 motion picture 'Fame', and a legendary after-party destination for Studio 54. The 4,200 sq. ft. loft is spread over 2 full floors of live/work space. Four bedrooms (with plenty of room for more), 3 full bathrooms (with plumbing in place for a 4th), an office, and 3 separate living/entertaining spaces. This one-of-a-kind space is a true blank canvas, with no structural walls. The new owner can enjoy the current layout as it is, or completely customize the layout to suit their vision. (See only 1 of endless options for an alternate floor plan on the listing). The heart of this home is the breathtaking central living area that extends into a secondary den. The ceilings soar to over 18 feet at the core of the loft with 4 large windows. Currently the space is enjoyed as a home theater with an expansive retractable projection screen, but is also ideal for creative gatherings or studio use. The keyed elevator opens directly onto both floors. On the top floor, the doors open to the grand, south-facing kitchen, flooded with natural light, and a spacious dining and family room area—perfect for entertaining. Also included here is an in unit washer/dryer. On the opposite end of this level, across a cat-walk, is a beautifully appointed library, two queen-sized guest bedrooms, and a full bathroom The existing kitchen pantry is ready to be transformed into another full bath, or proper laundry room. On the lower level, the elevator opens to the south facing primary suite which includes a serene, spa-like bathroom, walk-in closet, and a home gym/yoga studio. There is also a 3rd guest bedroom with full bathroom, a den, and a sizable office/5th bedroom. Situated in the heart of Chelsea, this home is surrounded by neighborhood favorites including Whole Foods, Fairway, Traders Joes, and Eataly. Also conveniently located near 10 subway lines and many iconic landmarks, including Madison Square Park, the Flatiron Building, the historic Chelsea Hotel, and the High Line. Whether you envision a grand loft home, a creative studio, or a hybrid live/work space, this architectural masterpiece offers limitless possibilities. The intimate five unit co-op has a video intercom security system, storage closet that transfers with the unit, and a bike room. The co-op also owns the ground floor commercial space which contributes to its financial stability and low monthly maintenance for its shareholders. Pets and sublets are allowed on a case-by-case basis. Live/work is allowed with minimal traffic. This loft offers a potential total of approximately 4,800 square feet (2,400 per floor), including the 600-square-foot double-height living room. The current livable space is approximately 4,200 square feet.

Highlights

Home typeStock Cooperative
StatusActive
CoolingOther
Year built1901
MLS #RLS20011481
ViewCity

Summary

  • MLS Number: RLS20011481
  • MLS Name: RLS
  • Office Name: Compass
  • Office Phone: (212) 913-9058
  • Listing Agent: Matthew Solomon
  • Agent Phone: (516) 732-1519

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Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.

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Last updated on: 4/5/2025, 1:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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131 W 24th St Unit 5/6

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Price information

Property sales

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Tax history

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Nearby schools

7

P.S. 11 William T. Harris School

Public District KG-5

0.4 mi

320 W 21st St

8

Sixth Avenue Elementary School

Public District PK-3

0.4 mi

64 W 17th St

5

P.S. 33 Chelsea Prep School

Public District PK-5

0.5 mi

281 9th Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $133,696. Typical income of New York City, NY residents is between $100k-200k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

19%
<35k
16%
35k-100k
41%
100k-200k
24%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

77%
Single, No Kids
2%
Single, with Kids
14%
Married, No Kids
7%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

6%
<11 yrs old
2%
12-17 yrs old
40%
18-34 yrs old
45%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Hiking/backpackingHiking/backpacking
  • Music ConcertsMusic Concerts
  • Art MuseumsArt Museums

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • H&MH&M
  • Banana RepublicBanana Republic

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • ChipotleChipotle
  • Boston MarketBoston Market

What do the neighbors drive?

  • AudiAudi
  • VolkswagenVolkswagen
  • MercedesMercedes

What do the neighbors listen to?

  • AlternativeAlternative
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • NewsNews
All data provided by Home Junction and Claritas

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Frequently asked questions

About 131 W 24th St Unit 5/6

This home is located at 131 W 24th St Unit 5/6 in New York City, NY and zip code 10011 in the Chelsea neighborhood. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 26, 2025 and is currently priced at $4,400,000.

In March 2025 more than 180 listings in New York City, NY were sold above the asking price. During the same period more than 763 listings were sold at asking price, while more than 693 were sold below. The number of homes for sale in New York City, NY increased by 5.1% between February and March 2025. In March 2025, listings were on the market for 143 days. During the same period, the median list price in this real estate market was $869,492.

From Rocket Homes Real Estate and based on county public records data.

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