Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $615,000

· Closed January 22, 2026

405 W 23RD Street #9G
Closed For Sale Co-op

$615,000

$1,230 per sq ft

405 W 23RD Street #9G

Chelsea, Manhattan

London Terrace

MLS® #RLS20055923

RLS at REBNY

Listing by Corcoran Group

Studio

1

Bath

500

Sq. Ft.

1929

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Living Area 500 sq ft
Year Built 1929
Ownership Co-op
Maintenance $1,695/mo
Parking Garage
Neighborhood Chelsea
Floor 9 of 21

Property Highlights

  • Views: City Lights, City, Panoramic
  • Exposure: South facing
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 9 of 21
View City Lights, City, Panoramic
Exposure South
Pets Yes
Year Built 1929
Living Area 500 sq ft
Parking Garage Available
Structure Type HighRise
Basement Other
Block/Lot 00721/7501

Listing History

Event Date Price Change
Listed Oct 21, 2025 $619,000 -
Currently Apr 23, 2026 $615,000 -0.6%

Description

Studio 9G at London Terrace Towers is a thoughtfully designed alcove studio offering bright city views of the Freedom Tower and 1 Highline, classic prewar character, and modern comfort in one of Chelsea's most storied cooperatives and unbeatable location.

Walking through the door of the original 1930's steel framed door into this beautifully maintained home featuring high beamed ceilings, hardwood floors, and a flexible layout that easily separates living, dining, and sleeping areas will make you feel right at home. The south-facing casement windows are flooded with natural light while framing open-sky views across the neighborhood. The sleeping alcove is smartly tucked away behind elegant drapery for privacy and comfort.

The windowed kitchen is efficient and well-kept, while the oversized custom walk-in closet provides generous storage and connects to the classic black-and-white tiled bathroom with pedestal sink and soaking tub.

London Terrace Towers offers a full suite of amenities including a half-Olympic-sized indoor pool, steam rooms, saunas, landscaped roof deck, discounted health club, full-time doormen, and on-site management. Pool and gym membership for additional fee. Onsite parking by 3rd party vendor also available for additional fee. London Terrace Towers is pet friendly and pied-à-terre friendly. Guarantors, co-purchase, and gifting is permitted.

Moments from the High Line, Hudson River Park, and the best of West Chelsea's dining, art galleries, shops, as well as moments from Hudson Yards, the Highline, 23rd Street Dog run, and so much more. This home pairs iconic history with everyday ease.

2% transfer fee: 1% purchaser/ 1% seller.

Features & Amenities

Interior Features

Building In Basement

Exterior Features

Building Roof Deck

Building Amenities

Bike Storage Indoor Pool Sauna Storage Steam Room Sauna

Building Information

Financial Details

Maintenance $1,695/mo
Original Price $619,000
Sale Price $615,000
Previous Price $619,000

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

307

Median Asking Price

$1.77M

Median $/Sqft

$1,750

Avg Days on Market

N/A

New This Week

22

Price Reduced

29%

Sold (30 Days)

40

Median Sale Price

$2.02M

Live data from RLS at REBNY • Updated 4/23/26, 7:04 PM EST

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Location

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405 W 23RD Street #9G, Chelsea, New York County

Floor Plans

Floor Plan

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 $1,695 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 500 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 $615,000 for 500 sq ft, the asking price per square foot is approximately $1,230. 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: RLS20055923
First Listed: 10/21/2025
On Market: 10/21/2025
Price Changed: 1/22/2026
Closed: 1/22/2026
Contract Date: 10/21/2025

Listing Courtesy of Corcoran Group - Andrew J Feldman

Listing Contact: (917) 226-0665

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 4/23/2026 at 11:04 PM UTC

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