About the Building

A prewar commercial loft building located between Fifth and Sixth Avenues in Manhattan’s Flatiron/Chelsea office district, less than a block from Madison Square Park. The property contains approximately 63,050 square feet and is organized as commercial cooperative ownership, with individual full-floor and partial-floor units used primarily for office, creative and professional purposes. Sources vary on the exact construction date and floor count, generally placing the building’s completion between 1910 and 1915 and describing it as an 11- to 12-story property.

The building offers the classic characteristics associated with older Flatiron loft properties, including relatively compact floor plates of roughly 5,000 to 5,600 square feet, oversized operable windows, high ceilings and hardwood floors. Individual full-floor offices have been marketed with exposed ceilings reaching approximately 12 feet, open work areas, private offices, conference rooms and direct elevator access. The combination of large windows and comparatively narrow floor plates allows natural light to reach deep into many of the office spaces.

Building infrastructure includes passenger and freight elevator service, an important feature for a traditional loft property. Certain office units have private restrooms and showers, dedicated HVAC systems and pantries, while renovated spaces retain architectural features such as exposed ceilings and polished hardwood flooring. VTS identifies two passenger elevators and two service elevators for the property, while individual brokerage listings describe direct passenger and freight elevator access to certain floors.

The location is one of 49 West 24th Street’s principal advantages. Madison Square Park is immediately to the east, while Fifth Avenue, Broadway, Sixth Avenue and the Flatiron District’s extensive collection of restaurants, cafés, hotels and retail amenities are all within a short walk. The neighborhood has become a major destination for technology, media, design, creative and professional-services companies, while retaining much of its historic loft-building character.

Transportation is particularly convenient. The F and M trains at 23rd Street and Sixth Avenue are approximately one block away, with the R and W trains at Broadway and 23rd Street, the 1 train at Seventh Avenue, the 6 train at Park Avenue South, and PATH service at 23rd Street also within walking distance.

With its smaller loft-style floor plates, operable windows, high ceilings, hardwood floors and commercial cooperative structure, 49 West 24th Street provides an alternative to conventional Midtown office towers for companies seeking a distinctive Flatiron workplace. Its proximity to Madison Square Park and multiple subway lines makes the property especially well positioned for tenants and owner-users seeking a central Midtown South location.