Updated a year ago
Off Market
Alcove Studio 1 BathCo-op
$649,000
Maintenance$1,734
Listing Features
- Original Details
- Dishwasher
- Windowed Kitchen
Outdoor space and views
- North Exposure
- South Exposure
Building Amenities
- Full-Time Doorman
- Bike Storage
- Elevator
- Garage
- Garden
- Health Club
- Laundry Room
- Pool
- Roof Deck
- Sauna
- Steam Room
- Storage
Policies
- Pets Allowed
- Pieds A Terre Ok
Property Description for 405 West 23rd Street, 16-I
New on Market Welcome Home to this bright Alcove Studio on a High Floor in the Iconic London Terrace
Reach out for a virtual tour or in person tour!
This rarely available 16th-floor south-facing alcove studio offers an ideal blend of natural light, space, and thoughtful design. With the flexible layout, it can easily function as a junior one-bedroom. The alcove area, comfortably fits a Queen-size bed and can also be customized into a hidden closet space. The expansive living and dining area provides plenty of room to relax or entertain.
London Terrace Co-op Living: Historic Elegance with Modern Conveniences
Enjoy the charm of this iconic 1930s full-service co-op, with pieds--terre, co-purchasing, and subletting allowed (1 year terms). A 2% flip tax applies and there is access to the famous London Terrace pool with steam rooms and saunas (fee applies).
Amenities Include:
Full time lobby
State-of-the-art gym (for a nominal fee)
Basement bike room and central laundry
Landscaped roof garden with breathtaking Hudson River views
The monthly maintenance includes heat, hot water, & sewer. Wifi services available in the building include Verizon and Spectrum.
London Terrace allows 80% financing and supports co-purchasing and gifting. Sub-leasing is permitted after two years of ownership. Pets are allowed with board approval.
Location, Location, Location!
Set within four iconic buildings occupying the block from 23rd to 24th Streets and 9th to 10th Avenues, you'll be close to:
The High Line
Chelsea's art galleries and vibrant restaurants
Hudson River Park, with dog runs and Chelsea Piers
Chelsea Market and premier shopping options
This exceptional apartment offers the perfect combination of historic charm and modern comfort, right in the heart of one of Manhattan's most desirable neighborhoods. Don't miss the chance to make it yours!
Note: Virtually staged
Reach out for a virtual tour or in person tour!
This rarely available 16th-floor south-facing alcove studio offers an ideal blend of natural light, space, and thoughtful design. With the flexible layout, it can easily function as a junior one-bedroom. The alcove area, comfortably fits a Queen-size bed and can also be customized into a hidden closet space. The expansive living and dining area provides plenty of room to relax or entertain.
London Terrace Co-op Living: Historic Elegance with Modern Conveniences
Enjoy the charm of this iconic 1930s full-service co-op, with pieds--terre, co-purchasing, and subletting allowed (1 year terms). A 2% flip tax applies and there is access to the famous London Terrace pool with steam rooms and saunas (fee applies).
Amenities Include:
Full time lobby
State-of-the-art gym (for a nominal fee)
Basement bike room and central laundry
Landscaped roof garden with breathtaking Hudson River views
The monthly maintenance includes heat, hot water, & sewer. Wifi services available in the building include Verizon and Spectrum.
London Terrace allows 80% financing and supports co-purchasing and gifting. Sub-leasing is permitted after two years of ownership. Pets are allowed with board approval.
Location, Location, Location!
Set within four iconic buildings occupying the block from 23rd to 24th Streets and 9th to 10th Avenues, you'll be close to:
The High Line
Chelsea's art galleries and vibrant restaurants
Hudson River Park, with dog runs and Chelsea Piers
Chelsea Market and premier shopping options
This exceptional apartment offers the perfect combination of historic charm and modern comfort, right in the heart of one of Manhattan's most desirable neighborhoods. Don't miss the chance to make it yours!
Note: Virtually staged
Listing History for 405 West 23rd Street, 16-I
Now
03/26/2025
Price Increase by Jimmy Glynn
REAL New York
03/13/2025
$589,000 [-$60,000] [9.2%]
Price Drop by Jimmy Glynn
REAL New York
Building Details for 405 West 23rd Street
OwnershipCo-op
Building TypeMid-Rise
Service LevelFull-Time Doorman
AgePre-War
AccessElevator
Year Built1930
Financing Allowed80%
Floors/Apts19/170
Transit and Citi Bike
Subway
23 St
0.2 miles
23 St
0.36 miles
14 St
0.41 miles
28 St
0.43 miles
18 St
0.44 miles
Railroad
Penn StationLong Island Rail Road
0.5 miles
Citi Bike
9 Ave & W 22 St
0.09 miles
W 25 St & 9 Ave
0.09 miles
Chelsea | Manhattan
Quick Profile
The row houses portray the world-class architecture of Greek Revival, Italianate and Georgian styles. The population is both ethnically and socially diverse, which is reflected in the restaurants and retail businesses in the neighborhood.
Western Chelsea is the center of the NYC art world, where you will find more than 200 art galleries housed in rehabbed factories and warehouses, as well as in newly-constructed buildings.
While people of many different cultures call Chelsea home, it has been a mecca over the years for people in the LGBTQ community. One census reported that as many as 22% of its residents were gay couples. Eighth Avenue is a trendy area for LGBTQ-oriented dining and shopping. Although it no longer draws the LGBTQ population that it once did, Chelsea still has many popular alternative bars.
Chelsea is primarily residential, consisting of a mixture of diverse complexes, low-rise apartment blocks, tenements, townhouses, renovated row houses, and luxury high-rises.
Chelsea is an interesting and sought-after place to live, with unique clothing boutiques, restaurants, and delis representing cultures from around the world. In addition to its quirky establishments, Chelsea has fine dining restaurants and a vibrant, hip nightlife, which adds to its allure.
Chelsea is well-served by public transportation. At least six city bus routes traverse Chelsea. There are three NYC subway routes with stops on Seventh Avenue, three on Eighth Avenue, and two more on Sixth Avenue. The 34th Street - Hudson Yards Station opened in 2015 with its main entrance in Chelsea.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 48871
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