Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
405 W 24th Street #PHB
Interested in this property?
Active For Sale Co-op

$8,950,000

405 W 24th Street #PHB

Chelsea, Manhattan

London Terrace Towers

MLS® #RLS20099773

RLS at REBNY

Listing by Sothebys International Realty

2

Bedrooms

2.5

Baths

N/A

Sq. Ft.

1930

Year Built

Quick Summary

Bedrooms 2
Bathrooms 3 full, 1 half
Lot Size 108,625 sq ft
Year Built 1930
Ownership Co-op
Maintenance $8,166/mo
Parking Garage
Neighborhood Chelsea

Property Highlights

  • Views: City, Water
  • Exposure: East,South,West facing
  • Outdoor Space: Building Terrace, Building Wrap Around, Terrace, Wrap Around

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 6
Baths 2 Full, 1 Half
View City, Water
Exposure East,South,West
Cooling Central Air
Pets Yes
Year Built 1930
Parking Garage Available
Architectural Style Prewar
Structure Type HighRise
Flooring Hardwood
Furnished Unfurnished
Lot Size 108,625 sq ft
Block/Lot 00721/0007

Listing History

Event Date Price Change
Listed Jun 24, 2026 $8,950,000 -
Currently Jun 24, 2026 $8,950,000 -

Description

Perched atop iconic London Terrace Towers in the heart of West Chelsea, this exceptional penthouse aerie offers a rare combination of prewar character, contemporary luxury, and extraordinary outdoor living. The residence features soaring ceilings, two bedrooms and two-and-a-half bathrooms, and has been meticulously renovated with museum-quality craftsmanship throughout. Impeccable custom millwork provides thoughtfully concealed storage at every turn, while automated electric blinds and the convenience of an in-unit washer/dryer seamlessly enhance both comfort and functionality. Flanked by expansive terraces facing north, south, east, and west, the home enjoys sweeping open city and water views stretching from the Empire State Building to One World Trade Center and beyond. Heroically scaled steel casement windows flood the space with natural light and elegantly frame its iconic skyline vistas while simultaneously enhancing this unique indoor-outdoor lifestyle offering high above one of Manhattan’s most vibrant neighborhoods. While spectacular as a standalone home, the opportunity becomes even more remarkable with the potential to acquire the only other apartment on the floor. Designed by the renowned architectural firm Farrar & Watmough and completed in 1930, London Terrace Towers is one of Chelsea’s most distinguished prewar cooperatives. Residents enjoy an exceptional suite of amenities, including a state-of-the-art fitness center, heated indoor swimming pool, sauna, steam room, beautifully landscaped private gardens, rooftop deck, bicycle storage, laundry facilities, and an on-site parking garage. Ideally positioned adjacent to the High Line and moments from Chelsea’s world-renowned galleries, acclaimed restaurants, cultural institutions, theater offerings, and countless transportation options, this remarkable penthouse presents a rare opportunity to own a meticulously crafted home with iconic views, expansive terraces, and limitless potential.

Features & Amenities

Interior Features

Entrance Foyer Elevator Kitchen Window Common On Floor In Unit Flooring: Hardwood

Exterior Features

Building Garden Building Roof Deck Private Outdoor Space Over60 Sqft Building Terrace Building Wrap Around Terrace Wrap Around

Building Amenities

Elevators

Appliances

Dryer Washer Dryer Stacked Dishwasher Washer

Building Information

Building London Terrace Towers
Building Data View Compliance & Permits
Total Units 921
Stories 19
Structure HighRise
Style Prewar

Financial Details

Maintenance $8,166/mo

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

$1.69M

Median $/Sqft

$1,788

Avg Days on Market

N/A

New This Week

14

Price Reduced

40%

Sold (30 Days)

40

Median Sale Price

$1.65M

Live data from RLS at REBNY • Updated 6/24/26, 6:35 PM EST

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Location

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405 W 24th Street #PHB, Chelsea, New York County

Floor Plans

Floor Plan 1

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 $8,166 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 2 full bathrooms and 1 half bathroom.

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.

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: RLS20099773
First Listed: 6/24/2026
On Market: 6/24/2026
Price Changed: 6/24/2026
Contract Date: 3/10/2026

Listing Courtesy of Sothebys International Realty - Jonathan Hettinger

Listing Contact: (212) 810-4953

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 6/24/2026 at 10:35 PM UTC

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