405 W 23rd Street #16I
MLS® #RLS11016290
Listing by Real New York
Studio
1
Bath
N/A
Sq. Ft.
1930
Year Built
Quick Summary
Property Highlights
- Exposure: South facing
- Style: Prewar architecture
- Parking: Private garage
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Oct 17, 2024 | $649,000 | - |
| Currently | May 4, 2026 | $589,000 | -9.2% |
Description
New on Market Welcome Home to this bright Alcove Studio on a High Floor in the Iconic London Terrace
Reach out for a virtual tour or in person tour!
This rarely available 16th-floor south-facing alcove studio offers an ideal blend of natural light, space, and thoughtful design. With the flexible layout, it can easily function as a junior one-bedroom. The alcove area, comfortably fits a Queen-size bed and can also be customized into a hidden closet space. The expansive living and dining area provides plenty of room to relax or entertain.
London Terrace Co-op Living: Historic Elegance with Modern Conveniences
Enjoy the charm of this iconic 1930s full-service co-op, with pieds--terre, co-purchasing, and subletting allowed (1 year terms). A 2% flip tax applies and there is access to the famous London Terrace pool with steam rooms and saunas (fee applies).
Amenities Include:
Full time lobby
State-of-the-art gym (for a nominal fee)
Basement bike room and central laundry
Landscaped roof garden with breathtaking Hudson River views
The monthly maintenance includes heat, hot water, & sewer. Wifi services available in the building include Verizon and Spectrum.
London Terrace allows 80% financing and supports co-purchasing and gifting. Sub-leasing is permitted after two years of ownership. Pets are allowed with board approval.
Location, Location, Location!
Set within four iconic buildings occupying the block from 23rd to 24th Streets and 9th to 10th Avenues, youll be close to:
The High Line
Chelseas art galleries and vibrant restaurants
Hudson River Park, with dog runs and Chelsea Piers
Chelsea Market and premier shopping options
This exceptional apartment offers the perfect combination of historic charm and modern comfort, right in the heart of one of Manhattans most desirable neighborhoods. Dont miss the chance to make it yours!
Note: Virtually staged
Features & Amenities
Interior Features
Exterior Features
Building Amenities
Appliances
Building Information
Financial Details
Maintenance Includes
Water
About Chelsea
View All Chelsea ListingsChelsea 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 NeighborhoodActive Listings
307
Median Asking Price
$1.84M
Median $/Sqft
$1,834
Avg Days on Market
N/A
New This Week
24
Price Reduced
27%
Sold (30 Days)
35
Median Sale Price
$2.02M
Live data from RLS at REBNY • Updated 5/4/26, 1:49 AM EST
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Location
405 W 23rd Street #16I, Chelsea, New York County • Near 9th & 10th Avenues
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
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
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed monthly maintenance are $1,734 per month. The fee covers: Water. 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 0 bedrooms and 1 full 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) 416-7433Listing Courtesy of Real New York - James Glynn
Listing Contact: (917) 273-9400
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 Data display by Keller Williams NYC. Data last updated on 5/4/2026 at 5:49 AM UTC