Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $600,000

· Closed March 24, 2023

405 W 23RD Street #3J
Closed For Sale Co-op

$600,000

405 W 23RD Street #3J

Chelsea, Manhattan

LONDON TERRACE

MLS® #RLS10836652

RLS at REBNY

Listing by Corcoran Group

Studio

1

Bath

N/A

Sq. Ft.

1929

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Year Built 1929
Ownership Co-op
Maintenance $1,512/mo
Parking Garage
Neighborhood Chelsea
Floor 3 of 21

Property Highlights

  • Exposure: South facing
  • Style: Prewar architecture
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 3 of 21
Exposure South
Pets Yes
Cross Street 9 AVENUE and 10 AVENUE
Year Built 1929
Parking Garage Available
Architectural Style Prewar

Listing History

Event Date Price Change
Listed Aug 25, 2022 $625,000 -
Currently May 2, 2026 $600,000 -4.0%

Description

Longing for a breath of fresh air? Stepping into Apartment 3J at 405 West 23rd St, you'll immediately feel a sense of relaxation as you see the greenery through the front windows. While nature graced us with that perk, as you walk into the living room, you'll see that the interiors evoke that same sense of calm. Each surface has been carefully chosen to convey both warmth and luxury, starting with the brand-new oak flooring simply polished and coated to bring out the natural grain, and adding additional light to the room.

The large sleeping alcove feels like a bedroom yet leaves a wide-open living room, large enough for a full-size dining table, sofa, and functional furnishing. Natural southern light fills the apartment year-round, and you'll enjoy watching the trees changing colors throughout the seasons.

Stepping into the kitchen, you'll find patterned ceramic flooring and Silestone quartz countertops and backsplash along with custom cabinetry with under cabinet lighting. The chef in you will enjoy the Haier Range with microwave above, Liebherr refrigerator, and Bosch dishwasher as well as plenty of counter space and storage.

Moving into the dressing area, you'll fall in love with the Linen finish California Cabinets wrapping both walls, providing flexible storage for clothing and sundries. The adjacent bathroom is sheathed in all new white tile and patterned flooring and has a deep new tub and shower with dedicated lighting, a new mirrored medicine cabinet, and an additional 5' high storage cabinet recessed in the wall behind the door. You'll notice updated dimmer-controlled lights above the sink and in the shower, providing the perfect setting for a luxurious bath.

The attention to detail goes behind the walls too! Updated electric with dimmer switches everywhere you turn. And not only were the all the walls double skim-coated to enhance their appearance, but as part of the gut renovation, the walls, ceiling, and floor were fully insulated and soundproofed (the apartment above also has soundproofed flooring as well) per recent NYC building code, keeping the apartment temps stable and even throughout the apartment. Also, new plumbing and electric were added in compliance with building and government requirements.

Now on to the fun stuff! Your maintenance includes all utilities (heat, water, and electricity) as well as use of the half Olympic-size heated pool, and steam rooms and saunas in both the men's and women's locker room area. The 3000' health club is just $400 annuallyyup, your read that right, annually! You can enjoy its free classes and bring in your trainer or hire from within.

The parking garage is complimented by free street parking on weekends and evenings along 23rd Street. Come for a tour of this famed centerpiece of historic Chelsea with The Queen of London Terrace Towers.

Building Information

Financial Details

Maintenance $1,512/mo
Original Price $625,000
Sale Price $600,000
Previous Price $625,000

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

303

Median Asking Price

$1.81M

Median $/Sqft

$1,772

Avg Days on Market

N/A

New This Week

21

Price Reduced

28%

Sold (30 Days)

35

Median Sale Price

$2.00M

Live data from RLS at REBNY • Updated 5/2/26, 9:05 AM EST

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Location

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405 W 23RD Street #3J, Chelsea, New York County • Near 9 AVENUE and 10 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 $1,512 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) 416-7433
MLS® ID: RLS10836652
First Listed: 8/25/2022
Price Changed: 3/25/2023
Closed: 3/24/2023
Contract Date: 8/25/2022

Listing Courtesy of Corcoran Group - Susan Singer

Listing Contact: (917) 207-6368

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 5/2/2026 at 1:05 PM UTC

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