470 West 24th Street, Unit PHAB

$14,950,000
Price
5
Beds
4.5
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

For the first time in the history of this iconic downtown cooperative, a unique and incredibly rare opportunity to combine a beautiful and mint condition prewar penthouse with the neighboring apartment to create one of Manhattan's finest full floor penthouses, with nearly 5,000SF of interior and 2,200SF+/- of outdoor space, high atop London Terrace’s northwest tower. Perfectly located in prime West Chelsea and graced with wrap terraces and panoramic 360-degree views from all principle rooms, this...For the first time in the history of this iconic downtown cooperative, a unique and incredibly rare opportunity to combine a beautiful and mint condition prewar penthouse with the neighboring apartment to create one of Manhattan's finest full floor penthouses, with nearly 5,000SF of interior and 2,200SF+/- of outdoor space, high atop London Terrace’s northwest tower. Perfectly located in prime West Chelsea and graced with wrap terraces and panoramic 360-degree views from all principle rooms, this spectacular offering includes the building’s entire penthouse level, with masterfully-designed and fully approved plans by West Chin Architects.



Entering Penthouse A, a dramatic, sun-filled interior welcomes you with over 10' ceilings and wide plank chevron-patterned white oak floors. An inviting entrance gallery, adorned with lacquered walls, leads directly to a perfectly proportioned and spectacular living room, surrounded by huge steel casement windows and French doors that access the stunning terraces. Extraordinary light and views pour in through south, east and west exposures. The sleek and refined chef's kitchen features a large eat-in dining area with another wood-burning fireplace, casement doors to the terrace, views to the High Line and Hudson River to the west, a center island, beautiful custom cabinetry, quartz counters, and high-end appliances. Off the kitchen is a large pantry, as well as a laundry room, both windowed with views over the terraces. The master suite is an ideal, peaceful sanctuary with oversized proportions, six closets, huge windows, and a spa-like ensuite bathroom, featuring soaking tub, separate shower, double sink vanity, marble floors, and luxurious fixtures. Two additional bedroom suites with northern exposures also have private baths and ample closets. All have direct access to the large terrace that spans the entire north side of the apartment. Other features include a five zone central air system, full wiring for A/V installation throughout, a security system, and a Lutron controlled lighting system.



Fully approved plans to combine Penthouse A with Penthouse B propose the creation of a unified full-floor living space with over 10' ceilings and a combination of terraces, light, and views rarely found in a prewar building downtown. The buyer can begin work almost immediately and can complete the combination to one's own personal aesthetic, choosing all finishes and decorative details and adjusting the plans if needed. The perfect living room, eat-in kitchen and flexible dining room in the larger penthouse would remain, with only minor changes, while the existing master suite would nearly double in size to include massive twin dressing rooms, and a new sun-flooded north-facing master bathroom, with unparalleled Empire State Building and skyline views, and direct access to the wrap terraces. Up to three additional guest bedrooms with southern exposures can be created, or two plus a phenomenal family or media room with a fireplace. The beautifully proportioned formal dining room, perfect for grand entertaining, is also functional as a fifth bedroom suite. The full floor layout would produce a commanding penthouse that is truly a rare offering in the downtown market – a marriage of modern luxury living with the best aspects of a dignified prewar building.



London Terrace Towers, the preeminent pre-war doorman cooperative in Chelsea, was completed in 1932 and designed by Farrar & Watmaugh. It is composed of the four corner buildings occupying both Ninth and Tenth Avenues between West 23rd and West 24th Streets in the heart of West Chelsea. Shareholders enjoy an impressive array of building amenities, including full-time doorman, a heated indoor pool, private health club, steam rooms, saunas, bike rooms, laundry facilities, and basement storage. The prime Chelsea location facing the High Line is in close proximity to Chelsea Piers, Hudson River Park, the new Whitney Museum, many of the world’s finest contemporary art galleries, and some of Manhattan’s best restaurants and shops.

Listing Agent

  1. Joshua Wesoky

    Joshua Wesoky

    Listing Agent

    Compass

    jw@compass.com

    P: 917.744.3435

Amenities

  • Penthouse
  • Top Floor
  • Entire Floor
  • Full-Time Doorman
  • River Views
  • City Views
  • Open Views
  • Private Wrap Around Terrace

Location

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LISTING UPDATED: 07/31/2017 06:44 PM

Property Details for 470 West 24th Street, Unit PHAB

StatusPermanently Off Market
Days on Market199
Taxes-
Maintenance$13,061 / month
Min. Down Pymt-
Total Rooms8.0
Compass Type-
MLS Type-
Year Built1930
Lot Size-
CountyNew York County

Building

London Terrace Towers

165 Units18 StoriesBuilt in 1930

Location

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Building Information for 470 West 24th Street, Unit PHAB

Stories18Residences165Year Built1930Lot Size-Building AgePre-warBuilding TypeMidrise

Payment Calculator

$94,649 per month

30 year fixed, 7.25% Interest

Principal and Interest

$81,588

Property Taxes

$0

Maintenance/Common Charges

$13,061

The Payment Calculator is for illustrative purposes only.

Property History for 470 West 24th Street, Unit PHAB

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 470 West 24th Street, Unit PHAB

This home is within New York City Geographic District # 2.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 6 to 8
Public - 6 to 8
Rating
School
Distance
P.S. 33 Chelsea Prep
PublicPK to 5

Middle 297
Public6 to 8

Lower Manhattan Community Middle School
Public6 to 8

Nyc Lab Ms For Collaborative Studies
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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