Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,400,000

· Closed May 13, 2025

Closed For Sale Co-op

$1,400,000

148 W 23RD Street #PH12C

Chelsea, Manhattan

Chelsea Mews

MLS® #RLS11009596

RLS at REBNY

Listing by Serhant

1

Bedroom

1.5

Baths

N/A

Sq. Ft.

1910

Year Built

Quick Summary

Bedrooms 1
Bathrooms 2 full, 1 half
Year Built 1910
Ownership Co-op
Maintenance $3,227/mo
Neighborhood Chelsea
Floor 12 of 12

Property Highlights

  • Views: City Lights, City, Panoramic, River
  • Exposure: East,South facing
  • Outdoor Space: Terrace

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full, 1 Half
Floor 12 of 12
View City Lights, City, Panoramic, River
Exposure East,South
Cooling Other
Pets Yes
Year Built 1910
Architectural Style Loft
Basement Other
Block/Lot 01824/0016

Listing History

Event Date Price Change
Listed Sep 16, 2024 $1,650,000 -
Price Reduced May 13, 2025 $1,475,000 -10.6%
Currently Apr 27, 2026 $1,400,000 -5.1%

Description

PRICE REDUCTION! Welcome to PH12C at 148 West 23rd Street, a stunning loft in the heart of Chelsea's iconic Chelsea Mews. This bright and airy 1-bedroom, 1.5-bathroom duplex features 11-foot ceilings and oversized south-facing windows that flood the space with natural light, offering open city views. The expansive private terrace, with southern, eastern, and western exposures, provides sweeping vistas of lower Manhattan and is a serene escape perfect for relaxing or entertaining. A decorative fireplace (convertible to gas) and central A/C add to the comfort and ambiance. The first level boasts an open, sun-drenched living space, complemented by a newly renovated kitchen designed for culinary enthusiasts. Outfitted with top-of-the-line Miele appliances and ample counter space, this kitchen is both functional and elegant. The custom half bath, featuring high-end finishes from WET, completes the main floor.Upstairs, a stylish custom staircase leads to the spacious primary bedroom, offering privacy and comfort. The ensuite bathroom, also designed by WET, exudes luxury, while a sleek walk-in California Closet provides ample storage. Overlooking the terrace, the bedroom is a peaceful retreat.The 360-square-foot private terrace is the crown jewel of this home, featuring IPE Brazilian wood decking, built-in seating, and additional storage. Whether you're enjoying a quiet morning coffee or hosting a sunset gathering, this outdoor space offers unparalleled views of the city skyline. Chelsea Mews, a former industrial building converted into a co-op in 1984, is renowned for its striking terra-cotta facade. Residents enjoy a 24-hour doorman, live-in superintendent, common roof deck, laundry on every floor, bike storage, and rentable storage units. The pet-friendly building allows 80% financing, pied- -terre ownership, gifting, and co-purchasing. Recent updates include a complete renovation of the facade, roof and elevators. Ideally located between Sixth and Seventh Avenues, 148 West 23rd Street is steps away from public transportation, the High Line, Eataly, Madison Square Park, and all of Chelsea's renowned dining, shopping, and nightlife.

Verizon FIOS Internet is included in the maintenance.

Features & Amenities

Interior Features

Common On Floor Fireplace (1)

Exterior Features

Building Roof Deck Private Outdoor Space Over60 Sqft Terrace

Building Information

Financial Details

Maintenance $3,227/mo
Original Price $1,650,000
Sale Price $1,400,000
Previous Price $1,475,000

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 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

308

Median Asking Price

$1.84M

Median $/Sqft

$1,746

Avg Days on Market

N/A

New This Week

20

Price Reduced

31%

Sold (30 Days)

34

Median Sale Price

$2.05M

Live data from RLS at REBNY • Updated 4/27/26, 12:37 AM EST

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Location

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148 W 23RD Street #PH12C, Chelsea, New York County

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Building Information

Official NYC property records for this building

M1-2D
Zoning District

Tax & Assessment

Assessed Value: $107,100
Land Value: $107,100
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 1,878 SF
Allowed FAR: 1.5

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 $3,227 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 1 full bathroom and 1 half bathroom.

According to MLS records, the building was constructed in 1910, making it approximately 116 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: 80 lbs Pet friendly,Building Pets Allowed Comments:80 lbs Pet friendly. Contact the listing broker for weight limits or breed restrictions.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. 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: RLS11009596
First Listed: 9/16/2024
On Market: 9/16/2024
Price Changed: 5/13/2025
Closed: 5/13/2025
Contract Date: 9/16/2024

Listing Courtesy of Serhant - Angela Rapoport Martiak

Listing Contact: (917) 991-8758

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 4/27/2026 at 4:37 AM UTC

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