Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $565,000

· Closed May 9, 2025

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Closed For Sale Co-op

$565,000

405 W 23RD Street #2D

Chelsea, Manhattan

London Terrace

MLS® #RLS11017641

RLS at REBNY

Listing by Serhant

1

Bedroom

1

Bath

N/A

Sq. Ft.

1930

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1930
Ownership Co-op
Maintenance $1,251/mo
Parking Garage
Neighborhood Chelsea
Floor 2 of 19

Property Highlights

  • Views: City
  • Exposure: East facing
  • Climate Control: Other

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 2 of 19
View City
Exposure East
Cooling Other
Pets Yes
Year Built 1930
Parking Garage Available
Structure Type HighRise
Basement Other
Parcel # 0721-1062-00405-000-000002D
Block/Lot 01824/0016

Description

Bright, Stylish Junior One-Bedroom in Iconic London Terrace Towers with Low Maintenance!

This beautifully converted junior one-bedroom in the historic London Terrace Towers is the perfect blend of pre-war charm and modern convenience. The space has been thoughtfully designed to maintain an open, airy feel with privacy and separation for the kitchen, work from home, the living space and bedroom. There is ample closet space - a large bedroom closet with a custom storage system spans the entire wall, plus 2 additional closets outside the kitchen in the living space, both incredibly deep. With large east-facing windows, this home is bathed in natural light throughout the day, offering peaceful sky views and lush trees overlooking 9th Avenue and 23rd Street.

The apartment features elegant hardwood floors that enhance the warm, rich aesthetic of the home. Recent updates include a new air conditioning unit installed in 2024, and a new large Whirlpool refrigerator installed in 2022. This open-concept kitchen features all full-size appliances, the oven / stove and the dishwasher, and there is still ample cabinet space and a dedicated shelf for the microwave. Currently there is a cabinet under the bar outside the kitchen, but you will see we included a virtual renovation showing the easy conversion to a breakfast bar with stools. The spa-inspired bathroom offers a deep soaking tub, a Duravit sink, and contemporary finishes, providing a tranquil retreat from the hustle and bustle of the city.

Apartment 2D is just waiting to welcome you home. With one of the lowest maintenance fees in the building, your monthly maintenance includes heat, water, and gas. The shareholder receives an electricity submetering credit of $31.77 monthly, which typically covers the cost each month, give or take a few dollars. Taking into account the credit, $1,216.12 approximates the final monthly out-of-pocket expense that is listed. Don't miss this one-of-a-kind piece of the Big Apple in the best location in Chelsea.

Beyond the apartment, London Terrace Towers offers an unparalleled lifestyle. This historic treasure is an affordable yet luxurious place to call home. Residents enjoy access to a beautifully renovated sundeck-open all day until midnight-offering spectacular city views. The iconic half-Olympic-sized heated swimming pool, sauna and steam rooms are available free for residents. There is a state-of-the-art gym offered at an incredibly low annual rate.

Recent building improvements include elevator modernization and replacement, as well as the completion of Local Law 11 work earlier this year, ensuring the building is in excellent condition for years to come. There are no assessments, and financing is permitted at 80%. Additional amenities include 24-hour doorman service, live-in-super, 24/7 laundry facilities, affordable storage units with no wait list (small fee), bike storage, convenient package reception and a parking garage (separate management and fee). This architectural work of art is pet friendly and allows co-purchasing, gifting, guarantors, parents buying, pied- -terre and subletting. There is a 2% flip tax split evenly between the buyer and the seller. Fun fact: London Terrace Towers, in particular the basement and the pool, has made appearances in tv shows such as The Americans & Blacklist. London Terrace Towers is situated in vibrant West Chelsea, just seconds away from the High Line, with top-tier restaurants, shopping, and transportation options, making it a prime location for city living. Whether you're looking for a primary or part time residence, this exceptional junior one-bedroom offers unmatched value and style in one of New York City's most sought-after buildings. Your new West Chelsea Manhattan adventure awaits.

Features & Amenities

Interior Features

Building In Basement

Exterior Features

Building Roof Deck Private Outdoor Space Under60 Sqft

Building Amenities

Elevators Indoor Pool Sauna Steam Room Sauna

Building Information

Building London Terrace
Stories 19
Structure HighRise

Financial Details

Maintenance $1,251/mo
Original Price $585,000
Sale Price $565,000
Previous Price $585,000

Chelsea is the epicenter of New York’s contemporary art world and a hub for innovative architecture. Home to the High Line and Chelsea Market, the neighborhood seamlessly blends industrial history with modern luxury. The real estate market here is dominated by high-end condominium developments designed by world-renowned architects, alongside charming pre-war lofts and historic townhouses in the Chelsea Historic District.

Chelsea Live Market Data

View Neighborhood

Active Listings

270

Median Asking Price

$1.92M

Median $/Sqft

$1,832

Avg Days on Market

N/A

New This Week

23

Price Reduced

25%

Sold (30 Days)

28

Median Sale Price

$1.97M

Live data from RLS at REBNY • Updated 3/24/26, 10:36 AM EST

Similar Listings in Chelsea

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Location

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405 W 23RD Street #2D, Chelsea, New York County

Virtual Tour

MLS® ID: RLS11017641
First Listed: 10/24/2024
On Market: 10/24/2024
Price Changed: 5/10/2025
Closed: 5/9/2025
Contract Date: 10/24/2024

Listing Courtesy of Serhant - Celeste la Perla Pandhi

Listing Contact: (212) 372-2916

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 3/24/2026 at 2:36 PM UTC

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