Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $505,000

· Closed October 21, 2024

405 W 23RD Street #9F
Looking for something similar?
Closed For Sale Co-op

$505,000

$1,122 per sq ft

405 W 23RD Street #9F

Chelsea, Manhattan

LONDON TERRACE

MLS® #RLS10997588

RLS at REBNY

Listing by Douglas Elliman Real Estate

Studio

1

Bath

450

Sq. Ft.

1929

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Living Area 450 sq ft
Year Built 1929
Ownership Co-op
Maintenance $1,625/mo
Parking Garage
Neighborhood Chelsea
Floor 9 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 9 of 21
View City
Exposure South
Cooling Other
Pets Yes
Year Built 1929
Living Area 450 sq ft
Parking Garage Available
Structure Type HighRise
Basement Other
Parcel # 0721-1008-00405-000-000009F
Block/Lot 00721/7501

Description

Isn't it time to start exerting your Independence!

Be the first to enter this fixer-upper on the 9th floor with expansive southern views overlooking West Chelsea Historic District and beyond. The twinkling cityscape lights of New York City in the evening are sublime! If you lived here you will also experience the brilliant sunlight streaming in throughout the day.

Do you have a vision of your next home? Can it be channeled through Architecture? How about a raw space where you can introduce your own signature style or brand? Now is the opportune time to create a serene Zen environment here in 405 West 23rd Street, Residence 9F. The existing pictures represent the space as is, however, the long term resident is vacating soon. We have introduced virtually staged photos that may provide inspiration for the renovation of this diamond in the rough.

You'll go bananas over the original late circa 1920's steel entry door, door frames, radiator covers + window-sills just waiting to be brought back to their original luster. Under the multiple paint layers, you'll discover solid beech wood doors, original baseboards and 3 " solid oak-plank flooring. All pre war details that are accented by 9' +/- concrete beamed ceilings and casement style sound-insulating windows.

What to do with a separate windowed galley kitchen waiting to be transformed into a practical and efficient space? How about introducing an abundance of cabinetry, stone top counters and breakfast bar.

A fully subway tiled prewar bathroom w / extra-deep cast iron soaking tub, porcelain sink and medicine cabinet are signature features here in London Terrace Towers. The mosaic tile floor reminds one of an era-gone by.

The sizable Great Room is just shy of 14' wide and can accommodate a separate Bed Alcove area, (to be created) full living room ensemble, dining and / work station. When one wishes to adjust the temperature, a under window, through-wall AC unit provides the ultimate cooling experience.

The London Terrace Towers amenity package provides for use of; heat, hot water, gas, electric, submettered (w/ monthly credit) 1/2 Olympic size indoor heated pool, private locker facilities, steam rooms + saunas. Our 3K Sq. Ft state of the art fitness center welcomes you and your personal trainer. You may wish to utilize one of our in-house fitness instructors.

Our residents enjoy a planted and teak furnished roof deck, (w/ shower) and jaw dropping views of Manhattan's most famous landmark buildings. The New Jersey skyline and Hudson River views are beyond amazing!You and your invited guests will always feel at ease when entering the 24 hour attended lobby with beautiful ceilings styled after a famous Palace in London. An indoor garage (not part of Co-op) is located on premises, (separate fee applies). Bike and storage lockers avail for monthly fee. Pets are welcome. Co-purchasing allowed, gifting allowed, Pied A Terre's allowed. Unlimited subleasing post 1 year ownership with Board approval. Co-op 2% Flip Tax paid 50/50 buyer/s and seller/s.

Features & Amenities

Interior Features

Dining Area Building In Basement

Exterior Features

Building Roof Deck

Building Amenities

Elevators Indoor Pool Sauna Steam Room Sauna

Appliances

Washer Dryer Allowed

Building Information

Building LONDON TERRACE
Stories 21
Structure HighRise

Financial Details

Maintenance $1,625/mo
Original Price $549,000
Sale Price $505,000
Previous Price $549,000

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

272

Median Asking Price

$1.90M

Median $/Sqft

$1,786

Avg Days on Market

N/A

New This Week

20

Price Reduced

25%

Sold (30 Days)

31

Median Sale Price

$1.93M

Live data from RLS at REBNY • Updated 3/25/26, 8:03 AM EST

Similar Listings in Chelsea

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Location

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405 W 23RD Street #9F, Chelsea, New York County

Floor Plans

Floor Plan
MLS® ID: RLS10997588
First Listed: 8/2/2024
On Market: 8/2/2024
Price Changed: 10/23/2024
Closed: 10/21/2024
Contract Date: 8/2/2024

Listing Courtesy of Douglas Elliman Real Estate - Bruce 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 3/25/2026 at 12:03 PM UTC

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