Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
405 W 23RD Street #9L

For Sale · Listing by Douglas Elliman Real Estate

405 W 23RD Street #9L

Chelsea, Manhattan

$685,000

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

$685,000

$1,245 per sq ft

405 W 23RD Street #9L

Chelsea, Manhattan

London Terrace

MLS® #RLS20125661

RLS at REBNY

Listing by Douglas Elliman Real Estate

Studio
1
Bath
550
Sq. Ft.
1929
Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Living Area 550 sq ft
Year Built 1929
Ownership Co-op
Maintenance $1,815/mo
Parking Garage
Neighborhood Chelsea
Floor 9 of 21

Property Highlights

  • Views: Other
  • Exposure: East,North facing
  • Climate Control: Other

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 9 of 21
View Other
Exposure East,North
Cooling Other
Pets Yes
Year Built 1929
Living Area 550 sq ft
Parking Garage Available
Structure Type HighRise
Basement Other
Parcel # 0721-1062-00405-000-000009L
Block/Lot 00721/7501

Listing History

Event Date Price Change
Listed Nov 6, 2026 $685,000 -
Currently Nov 6, 2026 $685,000 -

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

Introducing 405 West 23rd Street, Apartment 9L, at the legendary London Terrace Towers, one of West Chelsea's most distinguished Art Deco-era Prewar Co-ops. You'll love the serene interior garden views accented by the Northern soft natural light in the summer months, and with spectacular displays of autumnal colors in the fall. Approximately 550 Sq. Ft. +/- of intelligently designed Manhattan living, this turnkey home delivers charm privacy, and sophistication without an ounce of unnecessary theatrics. The oversized windows flood the main living space with light and a cleverly concealed separate sleeping alcove accommodates a full- or queen-size bed and double dresser. Discretion, after all is an underrated luxury in NYC and the apartment's position at the end of the hallway only adds to its appeal and ultimate sense of privacy. The timeless, European-inspired windowed kitchen features a Viking range, Bosch appliances, durable Caesarstone countertops, and abundant cabinetry. The elegant Art Deco-inspired bath completes the picture with Duravit fixtures, a deep soaking tub, classic subway tile, and Bianco Carrara marble basket-weave flooring. Whether you're seeking a full-time Manhattan residence or a sophisticated pied-à-terre (yes, they're permitted), this is a rather compelling alternative to even the finest hotel suite. And unlike a hotel, you won't have to check out. The London Terrace Towers Co-op amenity package included in the monthly maintenance provides for heat, hot water, gas, and sub-metered electric. Also included is the Crown Jewel of the Co-op, our 1/2 Olympic-size indoor heated pool complemented with private locker rooms, showers, steam rooms, and saunas. Real Estate Taxes and Common Charges Aka; HOA is included as well. A state-of-the-art health facility welcomes personal trainers, or you can work with one of the onsite fitness instructors. Residents also enjoy a lushly planted and teak-furnished roof deck with outdoor shower and breathtaking views of Manhattan's iconic skyline, the New Jersey skyline, and the Hudson River. Upon entering the 24-hour attended lobbies, with ceilings inspired by a famous Palace in London, you'll immediately experience the distinctive character of this legendary West Chelsea community. Pets are welcome, and an indoor garage is located beneath the complex (separate charge). Unlimited subleasing is permitted after two years of ownership, subject to Board approval. London Terrace is surrounded by an extraordinary collection of art galleries, museums, restaurants, shopping, parks, and waterfront destinations. The High Line, Hudson River waterfront, Chelsea Piers, Chelsea Market, Hudson Yards, and The Edge are all within easy reach. Call or Google (#1 resident onsite agent?) to schedule your VIP viewing and experience living at London Terrace Towers.

Features & Amenities

Interior Features

Building In Basement

Exterior Features

Building Roof Deck Garden Private Outdoor Space Over60 Sqft

Building Amenities

Bike Storage Indoor Pool Sauna Steam Room Sauna

Appliances

Washer Dryer Allowed

Building Information

Financial Details

Maintenance $1,815/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

301

Median Asking Price

$1.45M

Median $/Sqft

$1,823

Avg Days on Market

N/A

New This Week

17

Price Reduced

33%

Sold (30 Days)

25

Median Sale Price

$1.68M

Live data from RLS at REBNY • Updated 11/6/26, 5:48 PM EST

Similar Listings in Chelsea

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Location

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405 W 23RD Street #9L, 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 $1,815 per month. Confirm the exact amount with Milton Coste before making an offer.

This property has 0 bedrooms and 1 full bathroom.

The listed interior living area is 550 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 Milton Coste for weight limits or breed restrictions.

At the current list price of $685,000 for 550 sq ft, the asking price per square foot is approximately $1,245. 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: RLS20125661
First Listed: 11/6/2026
On Market: 11/6/2026
Price Changed: 11/6/2026
Contract Date: 11/6/2026

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 11/6/2026 at 10:48 PM 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

25 sales last 30 days · $1.45M median · 12 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 9 of 21
Year Built 1929
First Listed 11/6/2026
Parking Garage
Living Area 550 sqft
Maintenance $1,815/mo

Monthly Costs Estimate

Down Payment 20%

$137,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Maintenance $1,815
Total Monthly $0

Estimates only. Consult a lender for exact figures.

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