For Sale · Listing by Corcoran Group
405 W 23RD Street #5I
Chelsea, Manhattan
$558,000
405 W 23RD Street #5I
MLS® #RLS20117117
Listing by Corcoran Group
Open House Scheduled
Sunday, September 27 • 12:00 PM – 1:00 PM
REBNY 2025: signed Buyer Representation Agreement required before any showing.
- Studio
- 1
- Bath
- N/A
- Sq. Ft.
- 1929
- Year Built
Quick Summary
Property Highlights
- Views: Other
- Exposure: North facing
- Parking: Private garage
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Sep 24, 2026 | $558,000 | - |
| Currently | Sep 24, 2026 | $558,000 | - |
Description
Pre-war NYC elegance, quietude, and space in a prime Chelsea location - all without compromise at 405 West 23rd Street. We are proud to present for sale Residence 5I, a turn-key gracious alcove studio currently used as a studio with a home office, located at London Terrace Towers, the premier full-service, white-glove pre-war cooperative in West Chelsea. A coveted line for discerning buyers of the building due to it's grand proportions and virtually soundproof location, the new owner can enjoy the space as-is or utilize the office as a sleeping alcove. The home is freshly painted and features brand new casement windows throughout. As you open your door, the charm unfolds as you meet your proper foyer with a pendant chandelier, leading to a generous walk-in closet/dressing room that is custom outfitted with mahogany shelving that provides organization, plentiful storage, and neatly displays your wardrobe. Adjacent is your subway-tiled bathroom with charming and original built-in fixtures - two medicine cabinets, hamper, hooks, porcelain sink, and re-glazed tub - all in pristine condition for your enjoyment. The living space is wide and comfortable, and can accommodate multiple zones of living - sitting, sleeping, and dining, if you wish. The expansiveness extends vertically with beamed, 9 foot ceilings. The office nook is framed by original steel borders which can be opened to incorporate a formal sleeping alcove. The home's casement windows are north-facing, receiving continuous, gentle illumination throughout the day. With through-wall airconditioning, also brand new, your windows are unobstructed. The windowed kitchen is a delight to cook-in that features spacious white cabinetry with underhead lighting countertop space, stainless steel fridge and backsplash, a 24-inch Bosch range as well as a full-sized Bosch dishwasher. Last but not least, original and solid hardwood floors (no squeaking!) ground the space. London Terrace Towers is a white-glove, prewar cooperative located in the heart of Manhattan's Chelsea neighborhood on West 23rd and West 24th Streets. The architectural firm Farrar & Watmough designed the magnificent Greek Revival structure which opened in 1930. Its classical details and impressive scale have made it one of the most recognizable and highly sought after buildings in the city. Residents enjoy the finest amenities, including a 24-hr doorman, live-in super, Olympic-sized heated swimming pool, state-of-the art fitness center with sauna and steam room, lush private gardens, and landscaped roof deck. The building also offers a laundry room, bicycle storage, and a parking garage. London Terrace is pet-friendly (dogs allowed!), allows subletting after 2 years of ownership, pied-à-terre, co-purchasing, gifting, and trust purchases! The 23rd Street subway station (C,E) is located just a block away as well multiple cross-town bus lines. The surrounding neighborhood of London Terrace Towers is the pinnacle of Downtown Manhattan luxury living and entertainment - at your fingertips are The Highline Park, Hudson River Park,The Whitney Museum, Chelsea Market, The Meatpacking District, world-class shopping, five-star restaurants, bars, nightlife, as well Whole Foods. Reserve your private tour of 405 West 23rd Street, 5I today.
Features & Amenities
Interior Features
Exterior Features
Building Amenities
Appliances
Building Information
Financial Details
About Chelsea
View All Chelsea ListingsChelsea 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 NeighborhoodActive Listings
279
Median Asking Price
$1.70M
Median $/Sqft
$1,882
Avg Days on Market
N/A
New This Week
16
Price Reduced
33%
Sold (30 Days)
43
Median Sale Price
$1.74M
Live data from RLS at REBNY • Updated 9/24/26, 10:30 AM EST
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405 W 23RD Street #5I, Chelsea, New York County
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)
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Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed monthly maintenance are $1,693 per month. Confirm the exact amount with Milton Coste before making an offer.
This property has 0 bedrooms and 1 full bathroom.
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) 416-7433Listing Courtesy of Corcoran Group - Simon Wong
Listing Contact: (917) 306-3786
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 Data display by Keller Williams NYC. Data last updated on 9/24/2026 at 2:30 PM UTC
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Quick Facts
Monthly Costs Estimate
$111,600
Source: Freddie Mac PMMS
Est. Monthly Payment
$0
Estimates only. Consult a lender for exact figures.
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