Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,050,000

· Closed March 9, 2022

255 W 23RD Street #5HE
Closed For Sale Co-op

$1,050,000

255 W 23RD Street #5HE

Chelsea, Manhattan

CHELSEA GARDENS

MLS® #RLS10760563

RLS at REBNY

Listing by Bank Neary Inc

2

Bedrooms

1

Bath

N/A

Sq. Ft.

1939

Year Built

Quick Summary

Bedrooms 2
Bathrooms 1
Year Built 1939
Ownership Co-op
Maintenance $1,574/mo
Neighborhood Chelsea
Floor 5 of 6

Property Highlights

  • Exposure: South facing
  • Style: Prewar architecture
  • Character: Pre-war building (1939)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 5 of 6
Exposure South
Pets Yes
Cross Street Seventh Avenue/Eighth Avenue
Year Built 1939
Architectural Style Prewar
Parcel # 0773-0012-00255-000-00005HE

Listing History

Event Date Price Change
Listed Jul 19, 2021 $1,250,000 -
Price Reduced Mar 15, 2022 $1,195,000 -4.4%
Currently May 4, 2026 $1,050,000 -12.1%

Description

Welcome to apt 5HE At Chelsea Gardens! The H line is the most flexible floorplan in this complex and offers many possibilities to create a unique 2 bedroom home or live in an extremely gracious one bedroom with a separate dining room, office or guest room. You enter your apartment into a long dramatic hall with 2 oversized closets. Then, you are led to an elegant entrance gallery (7X17) perfect for a home office area, large dining space, dance floor or true gallery area. There is a spacious, sunny sunken Living Room with parquet floors and original plaster moldings. Beyond the gallery is a separate dining area that can easily be converted into a second bedroom and a roomy galley kitchen. The primary bedroom is very large, with 2 roomy closets and southern sun through a double window. The sprawling floor plan offers many possibilities to accommodate a home office and extra bedroom or even expand the existing kitchen. A unit this flexible and spacious is very unusual in a prewar Art Deco building like Chelsea Gardens. There are only 10 of these units in the complex and they rarely become available. Chelsea Gardens is a unique, rare and well preserved example of late 1930's Art Deco architecture. The building's most striking features are the vintage Art Deco lobbies and the large spectacularly planted common garden. The garden is available to all residents to enjoy with multiple seating areas, tables, chairs and a grassy lawn in the middle of Chelsea! There are 4 entry lobbies around the garden giving the complex the feeling of a small village with a very neighborly community feeling.Chelsea Gardenis a distinctive building in the middle of busy Manhattan, ideally located half a block from 2 subway lines and a short walk to everything Chelsea has to offer including, the High Line, Galleries, entertainment, shopping and transportation.The coop has a liberal 5 year rental policy and excellent financials. There is a full service staff including a 24 hour doorman and live-in super, 24 hour laundry in the basement and additional storage available as well as a bike room. Must be seen to be fully appreciated.

Building Information

Financial Details

Maintenance $1,574/mo
Original Price $1,250,000
Sale Price $1,050,000
Previous Price $1,195,000

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

0

Median Asking Price

N/A

Median $/Sqft

N/A

Avg Days on Market

N/A

New This Week

0

Price Reduced

N/A

Sold (30 Days)

1

Median Sale Price

$1.70M

Live data from RLS at REBNY • Updated 5/4/26, 4:34 AM EST

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Location

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255 W 23RD Street #5HE, Chelsea, New York County • Near Seventh Avenue/Eighth Avenue

Floor Plans

Floor Plan 1

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 $1,574 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 bedrooms and 1 full bathroom.

According to MLS records, the building was constructed in 1939, making it approximately 87 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: RLS10760563
First Listed: 7/19/2021
Price Changed: 3/15/2022
Closed: 3/9/2022
Contract Date: 7/19/2021

Listing Courtesy of Bank Neary Inc - Mark Neary

Listing Contact: (212) 633-2727

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 5/4/2026 at 8:34 AM UTC

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