Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $637,500

· Closed February 13, 2024

405 W 23RD Street #16L
Looking for something similar?
Closed For Sale Co-op

$637,500

405 W 23RD Street #16L

Chelsea, Manhattan

LONDON TERRACE

MLS® #RLS10934512

RLS at REBNY

Listing by Douglas Elliman Real Estate

Studio

1

Bath

N/A

Sq. Ft.

1929

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Year Built 1929
Ownership Co-op
Maintenance $1,814/mo
Parking Garage
Neighborhood Chelsea
Floor 16 of 21

Property Highlights

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

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 16 of 21
View City
Exposure North
Cooling Other
Pets Yes
Year Built 1929
Parking Garage Available
Structure Type HighRise
Basement Other
Parcel # 0721-1055-00405-000-000016L
Block/Lot 00721/7501

Description

Welcome home to this updated and bright alcove studio on a high floor in the famed London Terrace. Rarely available, this 16th floor sunny studio with a great layout has soaring beamed 10 foot ceilings and is in complete move in condition. This alcove studio can function as a junior one bedroom. The alcove is separated by custom sliding doors and can hold a king size bed. There is an oversized living room/dining room area. The recent renovation includes a new kitchen and appliances, tiled bathroom, custom walk-in closets / dressing room area for optimal storage, beautiful strip flooring and through the wall A/C.

Be part of this amazing and historic co-op at London Terrace , where pieds-a-terre, co-purchasing and subleasing are allowed. Pets are welcome! There is a 2% Flip Tax. Maintenance includes heat and water as well as access to "The Best Pool in New York" with steam rooms and saunas.

Amenities also include a state of the art gym (additional nominal fee), storage, bike room, 24 hour central laundry, and a beautifully landscaped roof garden looking towards the Hudson. Co-op allows 80% financing, Co-purchasing, Gifting and Parents buying for children. Sub-leasing is permitted after one year of ownership.

London Terrace Towers is an iconic 1930's Full- Service Doorman Co-op comprised of four corner buildings occupying the city block of 23rd-24th Street from 9th-10th Avenue. Find yourself steps away from the famous High Line, Chelsea art galleries, and few minutes from Hudson River Park, a great dog run, Chelsea Piers, Chelsea Market Transportation, great shopping and amazing restaurants are at your doorstep!

Features & Amenities

Interior Features

Smoke Free Building Washer Dryer Install Allowed Building In Basement

Exterior Features

Building Roof Deck

Building Amenities

Elevators Green Building Indoor Pool Sauna Steam Room Sauna

Appliances

Washer Dryer Allowed

Building Information

Building LONDON TERRACE
Stories 21
Structure HighRise

Financial Details

Maintenance $1,814/mo
Original Price $675,000
Sale Price $637,500
Previous Price $665,000

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

274

Median Asking Price

$1.95M

Median $/Sqft

$1,814

Avg Days on Market

N/A

New This Week

21

Price Reduced

23%

Sold (30 Days)

33

Median Sale Price

$1.93M

Live data from RLS at REBNY • Updated 3/26/26, 7:47 AM EST

Similar Listings in Chelsea

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Location

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405 W 23RD Street #16L, Chelsea, New York County

Floor Plans

Floor Plan
MLS® ID: RLS10934512
First Listed: 3/15/2023
On Market: 3/15/2023
Price Changed: 2/19/2024
Closed: 2/13/2024
Contract Date: 3/15/2023

Listing Courtesy of Douglas Elliman Real Estate - Keren Ringler

Listing Contact: (917) 757-0343

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 3/26/2026 at 11:47 AM UTC

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