SOLD FOR $637,500
· Closed February 13, 2024
405 W 23RD Street #16L
MLS® #RLS10934512
Listing by Douglas Elliman Real Estate
Studio
1
Bath
N/A
Sq. Ft.
1929
Year Built
Quick Summary
Property Highlights
- Views: City
- Exposure: North facing
- Climate Control: Other
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Mar 15, 2023 | $675,000 | - |
| Price Reduced | Feb 19, 2024 | $665,000 | -1.5% |
| Currently | Apr 29, 2026 | $637,500 | -4.1% |
Description
Welcome home to this updated and bright alcove studio on a high floor in the famed London Terrace. Rarely available, this 16th floor sunny studio with a great layout has soaring beamed 10 foot ceilings and is in complete move in condition. This alcove studio can function as a junior one bedroom. The alcove is separated by custom sliding doors and can hold a king size bed. There is an oversized living room/dining room area. The recent renovation includes a new kitchen and appliances, tiled bathroom, custom walk-in closets / dressing room area for optimal storage, beautiful strip flooring and through the wall A/C.
Be part of this amazing and historic co-op at London Terrace , where pieds-a-terre, co-purchasing and subleasing are allowed. Pets are welcome! There is a 2% Flip Tax. Maintenance includes heat and water as well as access to "The Best Pool in New York" with steam rooms and saunas.
Amenities also include a state of the art gym (additional nominal fee), storage, bike room, 24 hour central laundry, and a beautifully landscaped roof garden looking towards the Hudson. Co-op allows 80% financing, Co-purchasing, Gifting and Parents buying for children. Sub-leasing is permitted after one year of ownership.
London Terrace Towers is an iconic 1930's Full- Service Doorman Co-op comprised of four corner buildings occupying the city block of 23rd-24th Street from 9th-10th Avenue. Find yourself steps away from the famous High Line, Chelsea art galleries, and few minutes from Hudson River Park, a great dog run, Chelsea Piers, Chelsea Market Transportation, great shopping and amazing restaurants are at your doorstep!
Features & Amenities
Interior Features
Exterior Features
Building Amenities
Appliances
Building Information
Financial Details
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
303
Median Asking Price
$1.95M
Median $/Sqft
$1,777
Avg Days on Market
N/A
New This Week
14
Price Reduced
31%
Sold (30 Days)
38
Median Sale Price
$1.95M
Live data from RLS at REBNY • Updated 4/29/26, 12:48 AM EST
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Location
405 W 23RD Street #16L, Chelsea, New York County
Floor Plans
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 $1,814 per month. Confirm the exact amount with the listing broker before making an offer.
This property has 0 bedrooms and 1 full bathroom.
According to MLS records, the building was constructed in 1929, making it approximately 97 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 Douglas Elliman Real Estate - Keren Ringler
Listing Contact: (917) 757-0343
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 4/29/2026 at 4:48 AM UTC