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Off market
  • Tax assessed value
    $10,081,000

    131 W 24th St, New York, NY 10011

    5beds
    4,200sqft
    Apartment
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $2,400/sqft
    $25,000 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $25,000/mo

    Zestimate® history
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    What's special

    Grand south-facing kitchenNatural lightQueen-sized guest bedroomsWalk-in closetPrimary suiteBeautifully appointed libraryExpansive retractable projection screen

    This one-of-a-kind space is a available for rent, furnished or unfurnished. 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. Five bedrooms, 3 full bathrooms, and 3 separate living/entertaining spaces. 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 areaperfect 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. 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 work from home space, this architectural masterpiece offers limitless possibilities. The intimate five unit co-op has a video intercom security system, and a bike room. Pets are allowed on a case-by-case basis. Tenant responsible fees: Application Fee: $20 Credit check fee per applicant Domecile Fees: $120 Single-applicant initiation fee $600 Application processing fee $20 credit check fee per applicant $1000 Refundable move in deposit $65 Digital Submission fee 5% of total (excluding Digital Submission & Initiation Fees) app admin fee One months rent and one months security deposit due at lease signing. Tenant responsible for monthly electric, gas, internet/cable utility fees.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Washer
    • Laundry: In Unit
    Features
    • Elevator, View, Walk In Closet
    • Flooring: Hardwood
    • Furnished: Yes
    Interior area
    • Total interior livable area: 4,200 sqft

    Property

    Parking
    • Details: Contact manager
    Features
    • Exterior features: Bicycle storage, Broker Exclusive, Cable not included in rent, Electricity not included in rent, Fios Available, Gas not included in rent, Internet not included in rent, Locker Cage, Walk In Closet
    • Has view: Yes
    • View description: City View
    Details
    • Parcel number: 008000022

    Construction

    Type & style
    • Home type: Apartment
    • Property subtype: Apartment

    Community & HOA

    Location
    • Region: New York

    Financial & listing details

    • Price per square foot: $2,400/sqft
    • Tax assessed value: $10,081,000
    • Annual tax amount: $118,933
    • Date on market: 11/5/2025
    • Date available: 02/01/2026
    • Lease term: Contact For Details

    Price history

    DateEventPrice
    12/8/2025Listing removed$19,000$5/sqft
    Source: Zillow Rentals Report a problem
    11/5/2025Listed for rent$19,000$5/sqft
    Source: Zillow Rentals Report a problem
    10/24/2012Listing removed$19,000$5/sqft
    Source: Charles Rutenberg, LLC Report a problem
    9/24/2012Listed for rent$19,000$5/sqft
    Source: Charles Rutenberg, LLC Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$118,933 +8%$4,536,450 +6.7%
    2024$110,141 +10.1%$4,252,950 +7.7%
    2023$100,065 $3,950,550 -7.7%
    2022-- $4,279,500 +25%
    2021-- $3,423,600 -20%
    2020-- $4,279,500 -20%
    2019$65,799 -16.9%$5,349,240 +752.5%
    2018$79,138 -0.8%$627,484
    2017$79,810 +13.8%$627,484 +5.3%
    2016$70,129 $596,108 +5.9%
    2015$70,129 +85.8%$562,996 +8%
    2014$37,751 $521,293 +8%
    2013-- $482,680
    2012-- $482,680 +5.3%
    2011-- $458,545 +5.9%
    2010-- $433,074 +8%
    2009-- $400,995 +8%
    2008-- $371,293
    2007-- $371,293 +5.3%
    2006-- $352,727 +5.9%
    2005-- $333,134 +8%
    2004-- $308,458 +8%
    2003-- $285,610
    2002-- $285,610 +5.3%
    2001-- $271,329 +5.9%
    2000-- $256,257
    Find assessor info on the county website

    Neighborhood: Chelsea

    Nearby schools

    GreatSchools rating