Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $999,999

· Closed February 9, 2026

255 W 23rd Street #5GW
Closed For Sale Co-op

$999,999

255 W 23rd Street #5GW

Chelsea, Manhattan

MLS® #RLS20011652

RLS at REBNY

Listing by Compass

1

Bedroom

1

Bath

N/A

Sq. Ft.

1940

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1940
Ownership Co-op
Maintenance $1,627/mo
Neighborhood Chelsea
Floor 5 of 6

Property Highlights

  • Views: City Lights, City
  • Exposure: South facing
  • Climate Control: Central Air, Other, Wall Units

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 5
Baths 1 Full
Floor 5 of 6
View City Lights, City
Exposure South
Heating Baseboard, Central, Electric, Wall Furnace
Cooling Central Air, Other, Wall Units
Pets Yes
Year Built 1940
Structure Type MultiFamily
Flooring Ceramic Tile, Hardwood, Marble, Stone, Tile
Furnished Unfurnished
Parcel # 0773-0012-00255-000-00005GW
Block/Lot 00733/0012

Listing History

Event Date Price Change
Listed Mar 25, 2025 $1,100,000 -
Price Reduced Sep 11, 2025 $1,050,000 -4.5%
Currently Apr 23, 2026 $999,999 -4.8%

Description

Timeless Art Deco Charm with Contemporary Upgrades in Prime Chelsea Location! Welcome to this sun-soaked, south-facing pre-war gem nestled on the fifth floor of a six-story low-rise in the heart of Chelsea. This exceptional home beautifully blends original Art Deco charm with sleek, modern renovations, offering both tranquility and easy access to the vibrant pulse of the city. The gracious entry foyer sets the tone, providing seamless access to all rooms. Step down into the expansive, sunken living and dining area, where soaring ceilings and open southern views create a perfect space for entertaining or simply unwinding. The bright, windowed kitchen has been thoughtfully updated with premium appliances, including a Liebherr refrigerator, Bosch dishwasher, Bertazzoni stove, and a wine cooler. The custom cabinetry and generous granite countertops provide plenty of storage and space for the most discerning home chef. The windowed bathroom is a true oasis, featuring beautiful tile work, a deep soaking tub, recessed lighting, and a floating vanity with ample storage beneath. The oversized primary bedroom easily accommodates a king-sized bed, with two large closets and additional room for nightstands and a dresser. The CitiQuiet soundproof windows, paired with double-insulated casement windows, ensure an ultra-quiet environment for restful sleep. This home also boasts refinished ebony hardwood floors, abundant closet space, and timeless crown and base moldings throughout, adding to the unit’s sophistication. Each room is equipped with through-the-wall AC for year-round comfort. Located in Chelsea Gardens, an iconic Art Deco six-story complex, residents enjoy access to a beautifully landscaped courtyard garden. The building also offers a 24-hour doorman, concierge service, live-in resident manager, restored art deco lobbies and elevators, central laundry, bike room, and private storage options. The location is unmatched, offering easy access to transportation to the C/E/F/M/1 train, world-class shopping, art galleries, restaurants, bars, nightlife, and entertainment—all just steps from your front door. Don’t miss out on this rare find in one of Manhattan’s most sought-after neighborhoods. Reach out to the listing agent for a private showing today! All open houses are by 24 hours notice and by appointment only.

Features & Amenities

Interior Features

Built In Features Entrance Foyer Granite Counters High Ceilings Pantry Soaking Tub Common On Floor Common Area Flooring: Ceramic Tile, Hardwood, Marble, Stone, Tile Double Pane Windows

Exterior Features

Building Garden

Building Amenities

Elevators Security System Security Gate Security Guard

Appliances

Cooktop Dishwasher Energy Star Qualified Appliances Freezer Gas Cooktop Gas Oven Refrigerator Stainless Steel Appliances Wine Cooler

Building Information

Total Units 159
Stories 6
Structure MultiFamily

Financial Details

Maintenance $1,627/mo
Original Price $1,100,000
Sale Price $999,999
Previous Price $1,050,000

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

306

Median Asking Price

$1.77M

Median $/Sqft

$1,755

Avg Days on Market

N/A

New This Week

21

Price Reduced

28%

Sold (30 Days)

40

Median Sale Price

$2.02M

Live data from RLS at REBNY • Updated 4/23/26, 5:18 PM EST

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Location

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255 W 23rd Street #5GW, Chelsea, New York County

Floor Plans

Floor Plan

Building Information

Official NYC property records for this building

1901
Year Built
125 years old
3
Floors
6
Residential Units
R6B
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $535,050
Land Value: $67,500
Exemptions: $0

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

Lot Area: 2,003 SF
Building Area: 3,600 SF
Built FAR: 1.8
Allowed FAR: 2

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 $1,627 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $0, or roughly $0 per month. Verify the current assessment with your attorney before closing.

This property has 1 bedroom and 1 full bathroom.

According to MLS records, the building was constructed in 1940, making it approximately 86 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.

Pet policy requires confirmation with the listing broker. Additional notes: Pets Allowed

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: RLS20011652
First Listed: 3/25/2025
On Market: 3/25/2025
Price Changed: 9/11/2025
Closed: 2/9/2026
Contract Date: 3/10/2025

Listing Courtesy of Compass - Brendan Yu

Listing Contact: (914) 610-1118

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 4/23/2026 at 9:18 PM UTC

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