Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
465 W 23rd Street #9I

For Sale · Listing by Sothebys International Realty

465 W 23rd Street #9I

Chelsea, Manhattan

$615,000

Interested in this property?
Active For Sale Co-op

$615,000

465 W 23rd Street #9I

Chelsea, Manhattan

London Terrace Towers

MLS® #RLS20115915

RLS at REBNY

Listing by Sothebys International Realty

Studio
1
Bath
N/A
Sq. Ft.
1932
Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Year Built 1932
Ownership Co-op
Maintenance $1,692/mo
Parking Garage
Neighborhood Chelsea
Floor 9 of 19

Property Highlights

  • Views: City
  • Exposure: South facing
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 9 of 19
View City
Exposure South
Pets Yes, CatsOk, DogsOk
Year Built 1932
Parking Garage Available
Parking Features Garage
Structure Type HighRise
Flooring Hardwood
Furnished Unfurnished
Parcel # 0721-1008-00465-000-000009I
Block/Lot 00721/1008

Listing History

Event Date Price Change
Listed Sep 17, 2026 $615,000 -
Currently Sep 17, 2026 $615,000 -

Description

Sunny, charming, and filled with prewar character, this spacious alcove studio at London Terrace Towers enjoys beautiful unobstructed southern views over the Chelsea Historic District. With the landmarked district directly across the street, these open views and wonderful natural light are protected for years to come. The apartment retains many of the details that give London Terrace homes their distinctive appeal, including hardwood floors and beamed ceilings. A generous alcove provides excellent flexibility and can easily function as a separate sleeping area or comfortable home office. The windowed kitchen offers good natural light and an opportunity to update and create a space tailored to your own taste. The bathroom retains much of its original prewar character, with classic period tile and a newly reglazed cast-iron tub. A separate dressing area with a large closet provides excellent storage and adds to the apartment’s thoughtful layout. With its sunny protected views, flexible floor plan, original architectural detail, and prime West Chelsea location, this is a wonderful opportunity to own a distinctive home at one of the neighborhood’s most iconic prewar addresses. London Terrace Towers is comprised of four distinctive corner buildings located along Ninth and Tenth Avenues between West 23rd and West 24th Streets in the heart of West Chelsea. Residents enjoy an impressive array of amenities, including full-time lobby attendants, a heated half-Olympic-size indoor swimming pool, a private health club offering professional training services, steam rooms and saunas, a landscaped roof deck with an outdoor shower, bicycle rooms, laundry facilities, and basement storage, subject to availability. Ideally situated in one of Manhattan’s most vibrant neighborhoods, London Terrace Towers is just moments from Hudson River Park, the High Line, and Chelsea Piers, as well as West Chelsea’s renowned collection of restaurants, galleries, shops, and cultural destinations. Its combination of prewar character, extensive amenities, and exceptional location has made London Terrace Towers a longtime favorite for downtown living. Originally completed in 1930, the Towers were converted to cooperative ownership in 1988. The buildings located in the center of the block remained rental properties and are known as London Terrace Gardens, a separate and independently operated complex. London Terrace Towers permits guarantors and co-purchasing and allows up to 80% financing. The cooperative is pet-friendly. After one full year of ownership, unlimited subletting is permitted, subject to board approval and applicable fees. The flip tax is 1% payable by the seller and 1% payable by the buyer. Please note that some photos have been virtually staged to show a furnished home. Flip Tax is 1% by Buyer and 1% by Seller There is a monthly credit for utilities of $47.25 to offset maintenance.

Features & Amenities

Interior Features

Entrance Foyer Common On Floor Common Area Flooring: Hardwood

Exterior Features

Building Garden Building Roof Deck

Building Amenities

Bike Storage Elevators Fitness Center Health Club Indoor Pool Sauna Storage Steam Room Sauna

Building Information

Financial Details

Maintenance $1,692/mo

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

270

Median Asking Price

$2.12M

Median $/Sqft

$1,978

Avg Days on Market

N/A

New This Week

55

Price Reduced

28%

Sold (30 Days)

46

Median Sale Price

$1.77M

Live data from RLS at REBNY • Updated 9/17/26, 7:27 PM EST

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Location

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465 W 23rd Street #9I, Chelsea, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1932
Year Built
94 years old
19
Floors
2
Residential Units
R8A
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $105,464,700
Land Value: $6,094,351
Exemptions: $1,840,691

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 49,375 SF
Building Area: 668,258 SF
Built FAR: 13.53
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 $1,692 per month. Confirm the exact amount with Milton Coste 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 1932, making it approximately 94 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: Pets Allowed. Contact Milton Coste for weight limits or breed restrictions.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or milton@miltoncoste.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: RLS20115915
First Listed: 9/17/2026
On Market: 9/17/2026
Price Changed: 9/17/2026
Contract Date: 9/15/2026

Listing Courtesy of Sothebys International Realty - Glenn J Norrgard

Listing Contact: (917) 822-6840

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 9/17/2026 at 11:27 PM UTC

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Chelsea Market Update

46 sales last 30 days · $2.12M median · 5.9 months supply

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Quick Facts

Status Active Type Co-op Neighborhood Chelsea Borough Manhattan
County New York
Floor 9 of 19
Year Built 1932
First Listed 9/17/2026
Parking Garage
Maintenance $1,692/mo

Monthly Costs Estimate

Down Payment 20%

$123,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Maintenance $1,692
Total Monthly $0

Estimates only. Consult a lender for exact figures.

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