Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
405 W 23RD Street #15L
Closed For Sale Co-op

$605,000

405 W 23RD Street #15L

Chelsea, Manhattan

LONDON TERRACE

MLS® #RLS10863293

RLS at REBNY

Listing by Corcoran Group

1

Bedroom

1

Bath

N/A

Sq. Ft.

1929

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1929
Ownership Co-op
Maintenance $1,758/mo
Parking Garage
Neighborhood Chelsea
Floor 15 of 21

Property Highlights

  • Style: Prewar architecture
  • Parking: Private garage
  • Character: Pre-war building (1929)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 15 of 21
Pets Yes
Cross Street 9 AVENUE and 10 AVENUE
Year Built 1929
Parking Garage Available
Architectural Style Prewar
Parcel # 0721-1062-00405-000-000015L

Listing History

Event Date Price Change
Listed Mar 17, 2023 $599,000 -
Currently May 2, 2026 $605,000 +1.0%

Description

Looking for the feel of a one bedroom but budgeted for a studio? Look no further. This full alcove studio on the 15th floor of London Terrace Towers gives you that and more! Located at the end of the hall, with just a handful of neighbors, you'll enjoy the quiet and privacy of Apartment 15L with all day light.
With an 18' by 13'7" living area you'll have plenty of room for living and dining and even room for a work space if need be. Adjacent to that, your sleeping alcove easily accommodates a queen size bed. Many of our the shareholders have found creative ways to separate the two rooms while you may prefer the feeling of living in a loft space.
Your windowed kitchen gives you plenty of counterspace along with a Delonghi Stove, Full size Frigidaire Dishwasher, and a Tall LG Refrigerator with bottom freezer...always a plus!
If you've visited friends in the building, because who doesn't have a friend in London Terrace, or looked at other homes here, you'll be familiar with the traditional black and white tiled bathrooms with generous soaking tub. Apartment 15L also enjoys an additional 5' high mirrored medicine cabinet tucked behind the door. It's all adjacent to a huge walk-in closet with tons of hanging and storage space.
Certainly you'll enjoy the historic half Olympic size swimming pool where you'll always find an open lane and the option of taking swim classes. There are separate dressing rooms and lockers for men and women, each with it's own steam room and sauna. Our 3000' gym offers a variety of aerobic equipment, including two stair climbers, two peloton bikes, rowing machine etc.. Free weights and additional weight training equipment is at your disposal as well as the option to bring in your own trainer.
London Terrace sits at the heart of Chelsea, steps from the High Line, the River Park with bike paths up to Washington Heights and down to wall Street, as well as rolling lawn space. Walking north you'll find Hudson Yards and the Shed and south you can hit City Winery, Little Island, Chelsea Market, and the Meat Packing District.
There's more to explore so make an appointment via text, phone or email and I'll show you around!

Building Information

Financial Details

Maintenance $1,758/mo
Original Price $599,000
Sale Price $605,000
Previous Price $599,000

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

304

Median Asking Price

$1.80M

Median $/Sqft

$1,790

Avg Days on Market

N/A

New This Week

21

Price Reduced

27%

Sold (30 Days)

35

Median Sale Price

$2.00M

Live data from RLS at REBNY • Updated 5/2/26, 12:35 AM EST

Similar Listings in Chelsea

View All

Location

Loading map...

405 W 23RD Street #15L, Chelsea, New York County • Near 9 AVENUE and 10 AVENUE

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1931
Year Built
95 years old
8
Floors
R8
Zoning District

Tax & Assessment

Assessed Value: $4,813,200
Land Value: $1,966,500
Exemptions: $4,813,200

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

Lot Area: 8,048 SF
Building Area: 66,370 SF
Built FAR: 8.25
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 $1,758 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom 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.

Pet policy requires confirmation with the listing broker.

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: RLS10863293
First Listed: 3/17/2023
Price Changed: 7/5/2023
Closed: 6/30/2023
Contract Date: 3/17/2023

Listing Courtesy of Corcoran Group - Susan Singer

Listing Contact: (917) 207-6368

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 5/2/2026 at 4:35 AM UTC

Buying a Co-op? Start Here

Co-op vs. Condo: Which Is Right for You?

Ownership structure, board approval, financing: the full comparison.

Read article

How to Ace Your Co-op Board Interview

What boards look for, common questions, and how to prepare.

Read article

NYC Flip Tax Guide for Sellers

What co-op flip taxes are, how they're calculated, and who pays.

Read article

HDFC Co-ops: Complete Guide

Income limits, resale caps, and how to qualify for affordable co-ops.

Read article

Interested in this property?

Your info is secure and never shared.

View Active Listings Call Milton