Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $2,775,000

· Closed August 2, 2023

241 W 23rd Street #5-B
Closed For Sale Co-op

$2,775,000

$1,321 per sq ft

241 W 23rd Street #5-B

Chelsea, Manhattan

MLS® #RLS10873803

RLS at REBNY

Listing by Compass

3

Bedrooms

2

Baths

2,100

Sq. Ft.

1898

Year Built

Quick Summary

Bedrooms 3
Bathrooms 2
Living Area 2,100 sq ft
Year Built 1898
Ownership Co-op
Maintenance $3,692/mo
Neighborhood Chelsea
Floor 5 of 7

Property Highlights

  • Exposure: North,West facing
  • Style: Prewar architecture
  • Climate Control: Wall Units

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 6
Baths 2 Full
Floor 5 of 7
Exposure North,West
Cooling Wall Units
Pets Yes
Cross Street Seventh Avenue/Eighth Avenue
Year Built 1898
Living Area 2,100 sq ft
Architectural Style Prewar
Block/Lot 773/22

Listing History

Event Date Price Change
Listed Apr 6, 2023 $2,775,000 -
Price Reduced Aug 2, 2023 $2,700,000 -2.7%

Description

Welcome to apartment 5B, a unique and luxurious loft in the heart of Chelsea. Unlike anything else on the market, this home is truly spectacular. Featuring three bedrooms, two office/den spaces, and two full bathrooms, this flexible space blends classic loft elements with top of the line renovations, providing you with a true oasis in the heart of Manhattan. This beautiful home occupies the back of the building and is incredibly quiet. Oak floors grace this oversized space which also features over ten foot ceilings, an in-unit Bosch washer and dryer, and an abundance of storage. With eight gracious closets and a variety of flexible spaces, the apartment can truly be molded to each owner's individual needs. A complimentary storage unit within the building assures that you will never be looking for extra space and can easily make unit 5B your home for years to come. The pinnacle of this apartment is the 36 foot long living space, made only more spectacular by the large double windows that accentuate the room. Truly the heart of this home, this airy and inviting space is just as perfect for unwinding at the end of the day as it is for entertaining. The entire main area of this home is open concept, and the living room easily flows into the kitchen and dining area, making the home an entertainer's dream. No expense was spared when renovating the luxurious chef's kitchen, which includes a Lacanche 7-burner range with double oven (one gas, one electric), Sub zero 36" refrigerator, 24' Uline wine cooler and Miele dishwasher. Custom walnut woodwork graces the massive kitchen island that was built on wheels and can be moved when needed. Custom floor to ceiling cabinetry cleverly hides appliances, a bar, and extra storage. A charming library ladder makes everything easily accessible in the kitchen and fully utilizes the ceiling heights. Waterwork fixtures at the sink add timeless elegance to this one of a kind kitchen. The primary king-sized bedroom boasts a customized walk in closet that will please even those with the most extensive wardrobes. With a deep soaking tub, walk-in rain head shower, and a double vanity, this spa-like bathroom offers tranquility like no other. Both this bathroom and the second full bathroom offer radiant heat flooring. Additionally, the two secondary bedrooms can accommodate double beds with extra furniture. The bonus spaces, currently being used as offices, feature lovely built-ins and provide solitude for working from home. However, they could easily be reconfigured as a nursery, TV room, or at home gym. 241 West 23rd Street features an oversized keyed elevator, free bike storage, free laundry in the basement, and an on-site super. Located in the heart of the city across from the Iconic Chelsea Hotel, this home won't be on the market for long. With an ideal location near Madison Square Park, Eataly, Whole Foods, Trader Joe's, and an abundance of shopping, dining, and nightlife, come see why this unique gem hasn't been listed in nearly two decades. Call or email today to make your appointment. *Photos have been virtually staged

Features & Amenities

Interior Features

New Windows

Exterior Features

Building Roof Deck

Appliances

Dryer Washer

Building Information

Financial Details

Maintenance $3,692/mo
Sale Price $2,775,000
Previous Price $2,700,000

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

304

Median Asking Price

$1.80M

Median $/Sqft

$1,790

Avg Days on Market

N/A

New This Week

20

Price Reduced

28%

Sold (30 Days)

36

Median Sale Price

$1.97M

Live data from RLS at REBNY • Updated 5/1/26, 6:34 PM EST

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Location

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241 W 23rd Street #5-B, Chelsea, New York County • Near Seventh Avenue/Eighth Avenue

Floor Plans

Floor Plan 1
Floor Plan 2

Building Information

Official NYC property records for this building

1931
Year Built
95 years old
3
Floors
2
Residential Units
R6A
Zoning District

Tax & Assessment

Assessed Value: $570,600
Land Value: $120,150
Exemptions: $0

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

Lot Area: 3,560 SF
Building Area: 8,066 SF
Built FAR: 2.27
Allowed FAR: 3

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 $3,692 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 3 bedrooms and 2 full bathrooms.

The listed interior living area is 2,100 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1898, making it approximately 128 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 $2,775,000 for 2,100 sq ft, the asking price per square foot is approximately $1,321. 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: RLS10873803
First Listed: 4/6/2023
Price Changed: 8/2/2023
Closed: 8/2/2023
Contract Date: 4/6/2023

Listing Courtesy of Compass - Erica Elman

Listing Contact: (917) 533-0351

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 5/1/2026 at 10:34 PM UTC

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