Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
405 W 23rd Street #16I
Active For Sale Co-op

$589,000

405 W 23rd Street #16I

Chelsea, Manhattan

LONDON TERRACE

MLS® #RLS11016290

RLS at REBNY

Listing by Real New York

Studio

1

Bath

Sq. Ft.

1930

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Year Built 1930
Ownership Co-op
Maintenance $1,734/mo
Parking Garage
Neighborhood Chelsea

Property Highlights

  • Exposure: South facing
  • Style: Prewar architecture
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 1
Baths 1 Full
Exposure South
Heating None
Pets Yes
Cross Street 9th & 10th Avenues
Year Built 1930
Parking Garage Available
Architectural Style Prewar
Structure Type None
Flooring Hardwood
Furnished Unfurnished
Parcel # 0721-1062-00405-000-000016I
Block/Lot 00721/7501

Description

New on Market Welcome Home to this bright Alcove Studio on a High Floor in the Iconic London Terrace

Reach out for a virtual tour or in person tour!

This rarely available 16th-floor south-facing alcove studio offers an ideal blend of natural light, space, and thoughtful design. With the flexible layout, it can easily function as a junior one-bedroom. The alcove area, comfortably fits a Queen-size bed and can also be customized into a hidden closet space. The expansive living and dining area provides plenty of room to relax or entertain.

London Terrace Co-op Living: Historic Elegance with Modern Conveniences
Enjoy the charm of this iconic 1930s full-service co-op, with pieds--terre, co-purchasing, and subletting allowed (1 year terms). A 2% flip tax applies and there is access to the famous London Terrace pool with steam rooms and saunas (fee applies).

Amenities Include:
Full time lobby
State-of-the-art gym (for a nominal fee)
Basement bike room and central laundry
Landscaped roof garden with breathtaking Hudson River views
The monthly maintenance includes heat, hot water, & sewer. Wifi services available in the building include Verizon and Spectrum.

London Terrace allows 80% financing and supports co-purchasing and gifting. Sub-leasing is permitted after two years of ownership. Pets are allowed with board approval.

Location, Location, Location!
Set within four iconic buildings occupying the block from 23rd to 24th Streets and 9th to 10th Avenues, youll be close to:

The High Line
Chelseas art galleries and vibrant restaurants
Hudson River Park, with dog runs and Chelsea Piers
Chelsea Market and premier shopping options
This exceptional apartment offers the perfect combination of historic charm and modern comfort, right in the heart of one of Manhattans most desirable neighborhoods. Dont miss the chance to make it yours!

Note: Virtually staged





Features & Amenities

Interior Features

Storage Building Inside Common Area None Flooring: Hardwood

Exterior Features

Building Storage Private Outdoor Space Under60 Sqft Storage

Building Amenities

Bike Storage Elevators Health Club Indoor Pool Storage

Appliances

Dishwasher

Building Information

Building LONDON TERRACE
Structure None
Style Prewar

Financial Details

Maintenance $1,734/mo
Original Price $649,000
Previous Price $649,000

Maintenance Includes

Water

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

248

Median Asking Price

$2.29M

Median $/Sqft

$1,967

Avg Days on Market

N/A

New This Week

15

Price Reduced

31%

Sold (30 Days)

33

Median Sale Price

$2.15M

Live data from RLS at REBNY • Updated 2/16/26, 11:29 AM EST

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Location

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405 W 23rd Street #16I, Chelsea, New York County • Near 9th & 10th Avenues

MLS® ID: RLS11016290
First Listed: 10/17/2024
On Market: 10/17/2024
Price Changed: 1/22/2026
Contract Date: 10/17/2024

Listing Courtesy of Real New York - James Glynn

Listing Contact: (917) 273-9400

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.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 2/16/2026 at 4:29 PM UTC

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