Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
405 W 23RD Street #15HI

For Sale · Listing by Douglas Elliman Real Estate

405 W 23RD Street #15HI

Chelsea, Manhattan

$1,225,000

Interested in this property?
Active For Sale • Co-op

$1,225,000

405 W 23RD Street #15HI

Chelsea, Manhattan

London Terrace

MLS® #RLS20126844

RLS at REBNY

Listing by Douglas Elliman Real Estate

Open House Scheduled

Sunday, November 15 • 3:30 PM – 5:00 PM

REBNY 2025: signed Buyer Representation Agreement required before any showing.

Studio
2
Baths
N/A
Sq. Ft.
1929
Year Built

Quick Summary

Bedrooms Studio
Bathrooms 2
Year Built 1929
Ownership Co-op
Maintenance $3,759/mo
Parking Garage
Neighborhood Chelsea
Floor 15 of 21

Property Highlights

  • Views: Other
  • Climate Control: Other
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths 2 Full
Floor 15 of 21
View Other
Cooling Other
Pets Yes
Year Built 1929
Parking Garage Available
Structure Type HighRise
Basement Other
Block/Lot 00721/7501

Listing History

Event Date Price Change
Listed Nov 14, 2026 $1,225,000 -
Currently Nov 15, 2026 $1,225,000 -

Recent Sales in This Building

What other apartments here closed for in the last three years, as reported to the REBNY Listing Service (RLS).

Closed Unit Beds Sold For Per Sq Ft
Oct 14, 2026 Unit 7-C Studio $565,000 -
Jan 22, 2026 Unit 9G Studio $615,000 $1,230
Dec 23, 2025 Unit 7D Studio $515,000 -
See every sale in this building

Description

Space, Style and a little New York City magic! Welcome to Apartment 15HI at iconic London Terrace Towers, 405 West 23rd Street in West Chelsea, where generous room proportions provide an open and airy floor plan. The expansive living and dining area creates an inviting setting for entertaining, or simply enjoying an abundance of extra room to roam. The original 1930's era solid oak hardwood floors, 9' +/-beamed ceilings, and tons of natural light complement the home's contemporary aesthetic, while the flexible layout offers several options for sleeping accommodations. A well-appointed kitchen in this Mini Loft style residence features plenty of cabinetry plus stainless steel appliances along with ample stone countertops and two seat island breakfast bar packed with plenty of drawers for additional storage capabilities. The handsome separate windowed library features floor to ceiling custom built-in shelving while providing an ideal backdrop for a home office, an enviable book collection, or perhaps both. Two full bathrooms, generous closet space, and under window built-ins add an extra measure of function and practicality to this exceptionally versatile residence. And then there's the address! London Terrace Towers, in the heart of West Chelsea offers an extraordinary collection of amenities, including its legendary 1/2 Olympic-size indoor swimming pool, private health club, landscaped roof deck with jaw dropping views of Manhattan, New Jersey and Hudson River. Residents also enjoy, saunas, steam rooms and showers in the changing lounges. 24 lobby attendants, live-in Superintendent ensure residents receive the level of luxury they expect from this premier residential Co-op. Just moments from the High Line, Hudson Yards, and some of NYC's finest galleries, restaurants, and destinations. (Google: who is the number 1 resident agent?, and then call me to receive your very own VIP tour of this amazing community.

Features & Amenities

Interior Features

Building In Basement

Exterior Features

Building Roof Deck Private Outdoor Space Over60 Sqft

Building Amenities

Bike Storage Indoor Pool Sauna Steam Room Sauna

Appliances

Washer Dryer Allowed

Building Information

Financial Details

Maintenance $3,759/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

302

Median Asking Price

$1.45M

Median $/Sqft

$1,848

Avg Days on Market

N/A

New This Week

9

Price Reduced

34%

Sold (30 Days)

20

Median Sale Price

$1.68M

Live data from RLS at REBNY • Updated 11/15/26, 12:03 AM EST

Similar Listings in Chelsea

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Location

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

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1932
Year Built
94 years old
19
Floors
2
Residential Units
R8A
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $105,464,700
Land Value: $6,094,351
Exemptions: $1,840,691

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

Lot Area: 49,375 SF
Building Area: 668,258 SF
Built FAR: 13.53
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 $3,759 per month. Confirm the exact amount with Milton Coste before making an offer.

This property has 0 bedrooms and 2 full bathrooms.

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 Milton Coste for weight limits or breed restrictions.

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: RLS20126844
First Listed: 11/14/2026
On Market: 11/14/2026
Price Changed: 11/14/2026
Contract Date: 11/14/2026

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.

How working with a buyer's agent works: I work for you, not the seller. Before I show you anything, New York brokerage rules ask us to put that in writing: an agreement and a disclosure that say I work for you and negotiate on your behalf. The agreement is non-exclusive: you can work with other agents, it runs for a short fixed term we agree on, and you can end it with a note. You may attend open houses independently without an agreement. Read how it works

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 11/15/2026 at 5:03 AM UTC

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Milton Coste - NYC Real Estate Broker

Milton Coste

Licensed Real Estate Associate Broker

Keller Williams NYC

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Sale history, taxes, violations and comps for this unit

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Chelsea Market Update

20 sales last 30 days · $1.45M median · 15.1 months supply

Read Full Report

New listings in this building

Quick Facts

Status Active Type Co-op Neighborhood Chelsea Borough Manhattan
County New York
Floor 15 of 21
Year Built 1929
First Listed 11/14/2026
Parking Garage
Maintenance $3,759/mo

Monthly Costs Estimate

Down Payment 20%

$245,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Maintenance $3,759
Total Monthly $0

Estimates only. Consult a lender for exact figures.

Mansion tax applies at this price point

New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $1M to $1,999,999 at 1.00%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$12,250

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

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You're contacting Milton Coste, a buyer's agent. Before any private showing, New York brokerage rules require a short non-exclusive agreement. Milton walks you through it before you sign anything. Broker commissions are not set by law and are fully negotiable. How working together works.

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