Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Under Contract – Backup offers may be accepted

405 W 23RD Street #15B
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Pending For Sale Co-op

$765,000

$1,457 per sq ft

405 W 23RD Street #15B

Chelsea, Manhattan

London Terrace

MLS® #RLS20022893

RLS at REBNY

Listing by Douglas Elliman Real Estate

Studio

1

Bath

525

Sq. Ft.

1929

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Living Area 525 sq ft
Year Built 1929
Ownership Co-op
Maintenance $2,056/mo
Parking Garage
Neighborhood Chelsea
Floor 15 of 21

Property Highlights

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

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 15 of 21
View City
Exposure South
Cooling Other
Pets Yes
Year Built 1929
Living Area 525 sq ft
Parking Garage Available
Structure Type HighRise
Basement Other
Parcel # 0721-1062-00405-000-000015B
Block/Lot 00721/7501

Listing History

Event Date Price Change
Listed May 10, 2025 $765,000 -
Currently Jul 18, 2026 $765,000 -

Description

Step into this thoughtfully curated residence, where a calming environment is met with exceptional NYC views. Positioned on the coveted northeast corner of the 405 West 23rd Street tower, this home captures fantastic natural light through six of its seven extra-tall casement style windows, creating a bright and airy atmosphere with its very apparent feeling of comfort and tranquility. An inviting entry foyer sets the stage for intimate gatherings, seamlessly connecting to a separate windowed kitchen outfitted with premium high-end appliances and an abundance of storage - ideal for those who appreciate the fine art of home cooking. The elegantly tiled bathroom, complete with a wide shower stall, floating vanity sink, and its own window adds a touch of spa-like serenity to the space. This layout offers a unique flow and character that's hard to find in more conventional apartment layouts. But fair warning: once you step inside, you might not want to leave. Have your mortgage broker on speed dial - or better yet, bring an all-cash offer. The London Terrace Towers Co-op amenity package included in the monthly maintenance charges provides for use of heat, hot water, gas, and (sub-metered electric). The crown jewel of the Co-op is our 1/2 Olympic size indoor heated pool. We have private locker rooms that include showers, steam rooms and saunas. A state-of-the-art health facility welcomes personal trainers or you can hire one of the onsite fitness instructors. Also included in the abundant amenity package is a lushly planted and teak furnished roof deck with outdoor shower. You will be in awe when taking in the breathtaking views of Manhattan's most famous landmark buildings, New Jersey skyline and Hudson River. Upon entering our 24 hour attended lobbies (ceilings styled after a famous Palace in London), you will surely feel like Royalty. Pets are also welcome. An indoor garage (not part of Co-op) is located under the complex (separate charges apply). Unlimited subleasing post 2-year ownership with Board Approval. Welcome to the premiere pre-war Co-op in West Chelsea Historic District. This is where one will find a neighborhood filled to the brim with amenities like no other. From the numerous Art Galleries, Museums and outdoor sports venues, to jaw dropping views at The Edge observation deck in nearby Hudson Yards. There's plenty for everyone including many locally owned eateries, world class shopping, parks, and green spaces on nearby Hudson River waterfront. Call or google me today for more details and to set up a VIP showing!

Features & Amenities

Interior Features

Dining Area Building In Basement

Exterior Features

Building Roof Deck Private Outdoor Space Under60 Sqft

Building Amenities

Bike Storage Indoor Pool Sauna Steam Room Sauna

Appliances

Dishwasher Washer Dryer Allowed

Building Information

Financial Details

Maintenance $2,056/mo

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 mixes industrial history with modern luxury. The real estate market here is dominated by high-end condominium developments designed by world-renowned architects, alongside historic pre-war lofts and historic townhouses in the Chelsea Historic District.

Chelsea Live Market Data

View Neighborhood

Active Listings

290

Median Asking Price

$1.59M

Median $/Sqft

$1,864

Avg Days on Market

N/A

New This Week

9

Price Reduced

40%

Sold (30 Days)

42

Median Sale Price

$1.61M

Live data from RLS at REBNY • Updated 7/18/26, 7:48 AM EST

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Location

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405 W 23RD Street #15B, Chelsea, New York County

Virtual Tour

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1931
Year Built
95 years old
8
Floors
R8
Zoning District

Tax & Assessment

Assessed Value: $4,813,200
Land Value: $1,966,500
Exemptions: $4,813,200

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 8,048 SF
Building Area: 66,370 SF
Built FAR: 8.25
Allowed FAR: 6.02

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $2,056 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 0 bedrooms and 1 full bathroom.

The listed interior living area is 525 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1929, making it approximately 97 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $765,000 for 525 sq ft, the asking price per square foot is approximately $1,457. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20022893
First Listed: 5/10/2025
On Market: 5/10/2025
Price Changed: 5/10/2025
Pending Since: 6/2/2025
Contract Date: 5/10/2025

Listing Courtesy of Douglas Elliman Real Estate - Bruce W Solomon

Listing Contact: (917) 763-3472

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 7/18/2026 at 11:48 AM UTC

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