Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $995,000

· Closed April 25, 2021

405 W 23rd Street #12-HI
Closed For Sale Co-op

$995,000

$995 per sq ft

405 W 23rd Street #12-HI

Chelsea, Manhattan

MLS® #RLS10624668

RLS at REBNY

Listing by Compass

2

Bedrooms

2

Baths

1,000

Sq. Ft.

1930

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,000 sq ft
Year Built 1930
Ownership Co-op
Maintenance $3,027/mo
Parking Garage
Neighborhood Chelsea
Floor 12 of 19

Property Highlights

  • Views: City
  • Exposure: North facing
  • Style: Prewar architecture

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 5
Baths 2 Full
Floor 12 of 19
View City
Exposure North
Cooling Wall Units
Pets Yes
Cross Street Ninth Avenue/Tenth Avenue
Year Built 1930
Living Area 1,000 sq ft
Parking Garage Available
Architectural Style Prewar
Block/Lot 721/7501

Listing History

Event Date Price Change
Listed Oct 17, 1998 $995,000 -
Currently May 5, 2026 $995,000 -

Description

Quiet and serene, this spacious high floor home faces North/East and gets lovely light throughout the day. Originally two studio apartments, 12H/I is loaded with character and charming features that include: hardwood floors, high exposed beam ceilings, crown moldings, an updated windowed kitchen -- with stainless steel counters, backsplash, and appliances -- two full bathrooms -- with original subway tiles and cast iron tubs -- new oversized double-pane casement windows, and two closets, including one walk-in. Currently configured as a two-bedroom, with a spacious dining area, 12H/I has a flexible layout that can be easily adjusted to your desires. London Terrace Towers is an elegant, full-service pre-war co-op, comprised of 4 corner towers, that is, arguably, the best residence Downtown. From the gorgeous, heated half Olympic-size pool and the fine, lovingly maintained pre-war details, to the excellent location and the attentive doormen, Superintendent, and building staff, it is no wonder residents rarely move. In addition to the famous indoor Pool (with steam room, sauna, and locker room) there are 2 spacious laundry rooms, a bike room, storage, and a roof deck. The independently operated garage is right downstairs and the co-op has an impressive 3,000 SF gym that is just $400, annually for shareholders. Located in prime West Chelsea, just minutes from the High Line, Chelsea Piers, the Hudson River and Clement Clark Moore, the C, E, & #1 Subways, and all the restaurants, galleries, and attractions that Chelsea is known for. Maintenance includes: heat, gas, electric, and access to the pool, steam room and sauna. Dogs, co-purchasing, guarantors, and pied-a-terre owners, are all welcome.

Features & Amenities

Interior Features

Dining Area Entrance Foyer Common Area

Exterior Features

Building Garden Building Roof Deck

Building Information

Financial Details

Maintenance $3,027/mo
Sale Price $995,000

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

312

Median Asking Price

$1.86M

Median $/Sqft

$1,811

Avg Days on Market

N/A

New This Week

29

Price Reduced

26%

Sold (30 Days)

35

Median Sale Price

$2.05M

Live data from RLS at REBNY • Updated 5/5/26, 9:01 AM EST

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Location

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405 W 23rd Street #12-HI, Chelsea, New York County • Near Ninth Avenue/Tenth 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 $3,027 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 bedrooms and 2 full bathrooms.

The listed interior living area is 1,000 square feet. Verify dimensions independently during due diligence.

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.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $995,000 for 1,000 sq ft, the asking price per square foot is approximately $995. 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: RLS10624668
First Listed: 10/17/1998
Price Changed: 4/24/2021
Closed: 4/25/2021
Contract Date: 10/16/2019

Listing Courtesy of Compass - Zoya Litinetskaya

Listing Contact: (917) 584-6810

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 5/5/2026 at 1:01 PM UTC

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