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A blog from CityRealty (Links below will take you to the 6sqft site)

London Terrace Towers, 470 West 24th Street, #PHAB

Listing no longer available on CityRealty as of Jul 31, 2017
It previously was on the market for a total of 1,675 days.
12 apartments are currently available in this building.
1675 days on Market

Key Details

  • Listed May 4, 2016
    Days on Market 1675
    Building Type Cooperative
    Neighborhood Chelsea
  • Monthly Maintenance $13,060
    Minimum Down Payment 20%
    Doorman FT Doorman

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 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.

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Apartment Amenities

  • Terrace
  • City View
  • Washer/Dryer in apt.
  • Windowed Kitchen
  • Balcony
  • Garden

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
  • Co-op
  • Built in 1930
  • 178 Apartments
  • 18 Floors

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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