131 West 24th Street #FL5/6

$4,300,000

For Sale

4,200 ft²

$1,023 per ft²

12 rooms

5 beds

3 baths

Co-op
Chelsea
Resale

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Report listing

Listing by Compass, Corporate Broker, 2150 Broadway, New York, NY 10023 | Brokerage Listing ID: 1799336305989043729

Listing updated in the last 2 days

Maintenance fees

$4,200/mo

Estimated payment

$26,227/mo

Taxes

Included in maintenance fees

Tax abatement

No info

About

Seller’s agent

Matthew Solomon

Licensed Real Estate Salesperson

Compass

John Barbato

Licensed Associate Real Estate Broker

Compass

description

Back on the market / Deal fell through. 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 (with plenty of room for more), 3 full bathrooms (with plumbing in place for a 4th), and 3 separate living/entertaining spaces.

Policies

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Home features

Central air
Dishwasher
Hardwood floors
View
City
Washer/dryer

Building amenities

Services and facilities

Bike room
Elevator
Storage space
Locker/cage

Wellness and recreation

No info on wellness and recreation

Shared outdoor space

No info on shared outdoor space

About the building

131 West 24th Street

131 West 24th Street, New York, NY 10011

Co-op building inChelsea

6 units

7 stories

1901 built

For sale

1 available units for sale

For rent

1 available units for rent

Documents and permits

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Learn more about 131 West 24th Street

Property history

Price Change: ↓ $100,000 (-2.3%) on 11/5/25
Days on market: 160 days

Date	Price	Event
11/5/2025	$4,300,000	Price decreased by 2%
9/18/2025	$4,400,000	Listed by Compass
6/16/2025	$4,400,000	In contract
3/25/2025	$4,400,000	Listed by Compass

Explore Chelsea

Transit

Location	Distance
at 23rd St	under 500 feet
at 23rd St	under 500 feet
at 23rd Street Station	0.11 miles
at 28th St	0.19 miles
at 23rd St	0.24 miles

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About Chelsea

Rental prices shown are base rent before any fees. Visit listings for cost and fees breakdown.

SalesMedian asking price

5 beds

$6.5M

RentalsMedian asking base rent

5 beds

$36,000

If you're looking for a staid, quiet place to live, Chelsea is not for you. Its thriving arts scene has always been a big draw for creative types. Not surprisingly, residents pay a high price to live in such a hip and happening part of Manhattan. The neighborhood has some of the most exclusive restaurants and bars in the city, and real estate prices are steep — especially for new condos along the High Line.

Slip down many of the side streets, however, and you're likely to find some beautiful and historic townhouses nestled gracefully within the neighborhood's hustle and bustle.

Learn more about Chelsea