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Located in a vibrant area with ample outdoor spaces, this property features extensive public parks and accessible walking routes, promoting environmental sustainability. It also offers a rich social scene with nearly 4,500 restaurants and numerous gyms, making it ideal for fitness enthusiasts. With high-speed internet options and large windows for natural light, the space is well-suited for those working from home.
Things you’ll love
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Apartment Amenities
| Furnished | Walk-in Closet |
Appliances
| In-Unit Laundry |
Building
| Elevator | Fitness Center |
Grounds
| Garage Parking | Storage |
Other
| Ten Rooms | View Type: City |
Property Status: Active 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 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. 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, 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 are allowed on a case-by-case basis. 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. 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. Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
How 131 W 24th St #5-6 compares to other nearby properties.
Positives
Considerations
| Neighborhood | Chelsea |
|---|---|
| Zip code | 10011 |
| Type | Apartment for rent |
| Month | Median Rent |
|---|---|
| November 2023 | $7,000 |
| December 2023 | $6,996 |
| January 2024 | $6,995 |
| February 2024 | $6,596 |
| March 2024 | $6,807 |
| April 2024 | $7,022 |
| May 2024 | $7,062 |
| June 2024 | $7,364 |
| July 2024 | $7,599 |
| August 2024 | $7,489 |
| September 2024 | $7,350 |
| October 2024 | $7,704 |
| November 2024 | $7,111 |
| December 2024 | $6,737 |
| January 2025 | $6,972 |
| February 2025 | $6,921 |
| March 2025 | $7,164 |
| April 2025 | $7,576 |
| May 2025 | $7,327 |
| June 2025 | $7,250 |
| July 2025 | $7,144 |
| August 2025 | $7,619 |
| September 2025 | $7,916 |
| October 2025 | $7,545 |
| November 2025 | $7,172 |
| Month | Median Rent |
|---|---|
| November 2023 | $9,900 |
| December 2023 | $9,900 |
| January 2024 | $9,900 |
| March 2024 | $9,375 |
| April 2024 | $9,248 |
| May 2024 | $9,351 |
| June 2024 | $13,632 |
| July 2024 | $14,123 |
| August 2024 | $15,959 |
| September 2024 | $15,747 |
| October 2024 | $15,434 |
| November 2024 | $15,949 |
| December 2024 | $15,561 |
| January 2025 | $14,998 |
| February 2025 | $15,749 |
| March 2025 | $16,000 |
| April 2025 | $15,499 |
| May 2025 | $10,363 |
| June 2025 | $14,991 |
| July 2025 | $12,395 |
| August 2025 | $14,460 |
| September 2025 | $17,598 |
| October 2025 | $26,071 |
| November 2025 | $26,900 |
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