Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $2,249,000

· Closed November 4, 2024

Closed For Sale Co-op

$2,249,000

240 W 23RD Street #PH7B

Chelsea, Manhattan

The Arcadia

MLS® #RLS10982831

RLS at REBNY

Listing by Serhant

2

Bedrooms

3

Baths

N/A

Sq. Ft.

1930

Year Built

Quick Summary

Bedrooms 2
Bathrooms 3
Year Built 1930
Ownership Co-op
Maintenance $3,876/mo
Neighborhood Chelsea
Floor 7 of 7

Property Highlights

  • Views: City Lights, City
  • Exposure: East,North,West facing
  • Outdoor Space: Deck, Patio, Terrace, Balcony

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths 3 Full
Floor 7 of 7
View City Lights, City
Exposure East,North,West
Cooling Other
Pets Yes
Year Built 1930
Structure Type HighRise
Basement Other
Block/Lot 01824/0016

Listing History

Event Date Price Change
Listed Apr 4, 2024 $2,685,000 -
Price Reduced Jul 10, 2024 $2,495,000 -7.1%
Currently Apr 29, 2026 $2,249,000 -9.9%

Description

Indulge in the epitome of urban luxury within this meticulously renovated apartment. Every corner exudes sophistication, from the sleek Kohler in every bathroom to the custom-designed chef's kitchen adorned with a single slab statuario waterfall island and Blue Star Dutch-door style oven and stove. Upon entering your new home on the first floor, you are greeted by the view of your beautiful custom-built staircase, your chef's kitchen, and a lovely great room. Designed to be an entertainer's dream, this first floor offers itself well to entertaining in style or being the heart of the home and easily gathering everyone around the kitchen island. A hidden bonus is the extra storage space under the stairs!

Climbing the custom-built staircase, featuring hand-painted metal railings and treads matching the wood floors, arrive at the 2nd floor, welcomed by an enclosed bedroom and flexible foyer/home office space overlooking the cosmetically redesigned north-facing terrace. The 2nd floor boasts Miele vented laundry, moved in the renovation to its own dedicated closet with custom cabinetry, a newly added full bath, and an enclosed bedroom with ample, custom California closet space.

Enjoy outdoor entertaining or relaxation on the large private deck that is approximately 400 square feet of private outdoor space! The deck features brand-new elevated pavers, a legal gas line hooked up to the Lynx grill, irrigation, and dedicated electrical!

The 3rd and entire final floor is dedicated to your primary suite. Step into your primary bedroom fitted with ample closet space! One closet was recently added while the closet next to the en-suite bathroom was doubled in depth. The existing primary walk-in closet was also made deeper with the addition of custom California closets and an entire shoe wall to complete the three, wonderfully large closets in your primary suite. Delight in the spacious primary en-suite bathroom boasting a bespoke marble statuario vanity and a Japanese-style bidet floating toilet.

Throughout the entire residence, solid wood doors are embellished with Ashley Norton hardware that add a touch of elegance. With a meticulously curated renovation and a new Lutron LED lighting system on the first floor fully controllable by a smartphone app, this residence redefines luxury living in the heart of the city.

Nestled discreetly in Chelsea, The Arcadia is a distinguished building that offers top-of-the-line security with keyed stairwell doors and elevators, all seamlessly controllable from your smartphone, ensuring peace of mind at every turn. Designed by the renowned architect C.P.H. Gilbert in 1899, The Arcadia boasts a majestic fa ade adorned with exquisite gold ram's head carvings, a testament to its historical significance. With only 21 units, each resident enjoys a sense of privacy rarely found in the city. Pets are welcome! Take in breathtaking views of Chelsea from the rooftop deck, a perfect retreat for relaxation and entertainment. The Arcadia also has a brand-new video mobile-friendly intercom system, part-time superintendent, and a dedicated storage locker for your unit. This location is ideal for your everyday essentials, from subways to wellness. Within a block you'll find multiple subway lines (1, C, E, F, M) and both Whole Foods and Trader Joe's. Indulge in excellent dining options including Portale, Maki Kosaka, Cote Korean Steakhouse, Tacos G ey, and Chelsea Diner. Catering to your fitness regimen, recharge your body and mind at Bathhouse Flatiron, Rumble, Life Time, Equinox, Orangetheory, F45, Barry's, and Solidcore. Or take a leisurely stroll to enjoy the nearby Highline, Madison Square Park, and Hudson River Greenway. Embrace the sophistication and charm of The Arcadia, where pre war heritage meets modern luxury in the heart of the city.

Features & Amenities

Interior Features

Dining Area Smoke Free Building None Washer Hookup In Unit

Exterior Features

Balcony Deck Patio Terrace Balcony

Building Information

Financial Details

Maintenance $3,876/mo
Original Price $2,685,000
Sale Price $2,249,000
Previous Price $2,495,000

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

303

Median Asking Price

$1.95M

Median $/Sqft

$1,777

Avg Days on Market

N/A

New This Week

14

Price Reduced

31%

Sold (30 Days)

39

Median Sale Price

$1.95M

Live data from RLS at REBNY • Updated 4/29/26, 6:49 AM EST

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Location

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240 W 23RD Street #PH7B, Chelsea, New York County

Virtual Tour

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 $3,876 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 bedrooms and 3 full bathrooms.

According to MLS records, the building was constructed in 1930, making it approximately 96 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,Building Pets Allowed Comments: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: RLS10982831
First Listed: 4/4/2024
On Market: 4/4/2024
Price Changed: 7/10/2024
Closed: 11/4/2024
Contract Date: 4/4/2024

Listing Courtesy of Serhant - Scott Francis

Listing Contact: (484) 753-4564

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 4/29/2026 at 10:49 AM UTC

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