Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,315,000

· Closed May 19, 2025

240 W 23rd Street #5A
Closed For Sale Co-op

$1,315,000

$1,096 per sq ft

240 W 23rd Street #5A

Chelsea, Manhattan

MLS® #RLS11030222

RLS at REBNY

Listing by Compass

2

Bedrooms

1

Bath

1,200

Sq. Ft.

1920

Year Built

Quick Summary

Bedrooms 2
Bathrooms 1
Living Area 1,200 sq ft
Year Built 1920
Ownership Co-op
Maintenance $2,274/mo
Neighborhood Chelsea
Floor 5 of 7

Property Highlights

  • Exposure: North facing
  • Character: Pre-war building (1920)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths 1 Full
Floor 5 of 7
Exposure North
Pets Yes, CatsOk, DogsOk
Year Built 1920
Living Area 1,200 sq ft
Structure Type MixedUse
Flooring Hardwood
Furnished Unfurnished
Parcel # 0772-0067-00240-000-000005A
Block/Lot 00772/0067

Listing History

Event Date Price Change
Listed Jan 22, 2025 $1,395,000 -
Currently Apr 27, 2026 $1,315,000 -5.7%

Description

Perched on the 5th floor with only one neighboring unit, 5A is a haven of quiet privacy which has been lovingly occupied by the same owner for 40 years. Infuse this apartment with your personal style, and ensure your home is truly yours. Your vision of city living is at your disposal. The apartment features ample sunlight, thanks to oversized windows that perfectly frame captivating cityscapes. The open-concept kitchen offers endless possibilities for both culinary creativity and casual gatherings. The living room flows seamlessly into a cozy dining alcove, providing ample space for a large sofa, entertainment setup, and an elegant dining table—perfect for hosting. The primary bedroom easily accommodates a king-size bed and additional furniture, complemented by generous closet space that will delight any wardrobe enthusiast. The second bedroom offers versatility, easily transforming into a home office or guest room to suit your needs. On a practical note, there is a dedicated laundry closet and separate walk-in closet ensuring your storage needs are properly addressed. 240 West 23rd Street is a loft-like gem that boasts seven stories, 18 exclusive units, and a ground-floor bank. Amenities include a video mobile-friendly intercom system, key-lock elevator, part-time super, laundry room, bike and individual storage units included with each apartment. Buyer’s flip tax is equal to two months maintenance towards the coop’s reserve fund.

Features & Amenities

Interior Features

High Ceilings Building Washer Dryer Install Allowed Common On Floor Common Area In Unit Flooring: Hardwood

Exterior Features

Private Outdoor Space Under60 Sqft

Appliances

Dishwasher Gas Cooktop Gas Oven

Building Information

Building Data View Compliance & Permits
Total Units 18
Stories 7
Structure MixedUse

Financial Details

Maintenance $2,274/mo
Original Price $1,395,000
Sale Price $1,315,000
Previous Price $1,395,000

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, 12:39 AM EST

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Location

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240 W 23rd Street #5A, Chelsea, New York County

Building Information

Official NYC property records for this building

R6B
Zoning District

Tax & Assessment

Assessed Value: $0
Land Value: $0
Exemptions: $0

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

Lot Area: 143,414 SF
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 $2,274 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 2 bedrooms and 1 full bathroom.

The listed interior living area is 1,200 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1920, making it approximately 106 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 the listing broker for weight limits or breed restrictions.

At the current list price of $1,315,000 for 1,200 sq ft, the asking price per square foot is approximately $1,096. This figure is for reference only and may differ from appraised or assessed values.

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: RLS11030222
First Listed: 1/22/2025
On Market: 1/22/2025
Price Changed: 5/19/2025
Closed: 5/19/2025
Contract Date: 11/21/2024

Listing Courtesy of Compass - Brett Michaels

Listing Contact: (917) 841-9298

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 4:39 AM UTC

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