Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
405 W 23RD Street #3K
Closed For Sale Co-op

$570,000

$1,036 per sq ft

405 W 23RD Street #3K

Chelsea, Manhattan

LONDON TERRACE

MLS® #RLS10671238

RLS at REBNY

Listing by Halstead dba Brown Harris Stevens Residential Sales LLC

Studio

1

Bath

550

Sq. Ft.

1929

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Living Area 550 sq ft
Year Built 1929
Ownership Co-op
Maintenance $1,430/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 2
Baths 1 Full
Floor 3 of 21
Exposure South
Pets Yes
Cross Street 9 AVENUE and 10 AVENUE
Year Built 1929
Living Area 550 sq ft
Parking Garage Available
Architectural Style Prewar
Parcel # 0721-1062-00405-000-000003K

Listing History

Event Date Price Change
Listed Sep 28, 2020 $595,000 -
Currently May 5, 2026 $570,000 -4.2%

Description

Guaranteed to be your favorite True Alcove Studio in Chelsea this home has been lovingly renovated from top to bottom! New plaster walls and white oak floors create a clean foundation for a super spacious, functional home. Let's start with the kitchen, where you'll fall in love with the luxurious Bosch pull-out refrigerator drawers with ice-maker. Counterspace for this efficient kitchen was doubled by adding this coveted under counter system. This is just one of the features you won't find in other studios. There's also an additional free-standing fridge so if you want to stock up you've got plentty of space! Sleek concrete hued Ceasarstone countertops offer you a carefree surface on which to create your most creative meals though you're surrounded by some of the best dining and take-out options in town.

Chock full of wall-to-wall storage and stainless steel appliances this kitchen offers a palette for your culinary creativity or simply a zen moment to prepare tea as you enjoy tree top views through its expansive window.

These same views extend all along the south wall, inviting in dazzling sunlight or moonbeams. This home is perfectly situated to enjoy both street life, trees, and sky due to the magic of architecture.

Your spacious living room easily fits a large dining table and chairs, plenty of seating and much more as the Queen Size sleeping alcove enjoys its own footprint. You'll enjoy sitting in bed, under the ceiling fan, with the feeling of truly being in a separate room. Want storage? The wall to wall Elfa system gives you plenty of options with triple shelving and clothing poles top to bottom, and your stylish prewar bath, replete with giant porcelain tub and double storage provides another oasis

London Terrace Towers is known for its amazing half-Olympic size pool, steam room and sauna in both the men's and women's locker rooms and roof deck with 360 views of the river and iconic buildings available to residents only; and the 3000' health club run by The Wright Fit is just $400 annually. Utilities are included and the large scale laundry room is available 24/7. There's a bike room and additional storage available and leased parking in the building is also at your disposal. So, call The Queen of London Terrace for your appointment and prepare to be dazzled!

Building Information

Financial Details

Maintenance $1,430/mo
Original Price $595,000
Sale Price $570,000

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

311

Median Asking Price

$1.89M

Median $/Sqft

$1,834

Avg Days on Market

N/A

New This Week

28

Price Reduced

26%

Sold (30 Days)

35

Median Sale Price

$2.05M

Live data from RLS at REBNY • Updated 5/5/26, 4:50 AM EST

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Location

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405 W 23RD Street #3K, 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 $1,430 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 0 bedrooms and 1 full bathroom.

The listed interior living area is 550 square feet. Verify dimensions independently during due diligence.

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.

At the current list price of $570,000 for 550 sq ft, the asking price per square foot is approximately $1,036. 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: RLS10671238
First Listed: 9/28/2020
Price Changed: 6/10/2021
Closed: 6/10/2021
Contract Date: 9/29/2020

Listing Courtesy of Halstead dba Brown Harris Stevens Residential Sales LLC - Susan M 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 5/5/2026 at 8:50 AM UTC

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