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London Terrace Towers
405 West 23rd Street, 12-B
Chelsea, Manhattan | Ninth Ave & Tenth Ave
Junior 1 1 Bath550 Square FeetCo-op
$720,000 $745,000
Follow This Listing
Follow This Listing
$720,000 $745,000
Updated 4 days ago
Price drop

London Terrace Towers

405 West 23rd Street, 12-B

Chelsea, Manhattan | Ninth Ave & Tenth Ave

Junior 1 1 Bath550 Square FeetCo-op

$720,000 $745,000
Maintenance$2,073
Price Per SF
$1,309

Listing Features

  • Corner Apartment
  • Custom Closets
  • Entry Foyer
  • Murphy Bed
  • Open Space
  • Storage Closet
  • Walk-in Closet
  • Center Island
  • Dishwasher
  • Eat-in Kitchen
  • Open Kitchen
  • S Steel Appliances
  • Windowed Kitchen

Outdoor space and views

  • City Views
  • East Exposure
  • North 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, 12-B

Rare high floor oversized corner studio with 7 windows at London Terrace Towers; 405 West 23rd Street in Chelsea. This loft-like apartment enjoys great light via East and North windows including windows in the bathroom and kitchen. An inviting entrance foyer welcomes you and features a large storage closet. The main living area unfolds into a large open space with multiple layouts possible. A custom office nook has been created with built-in desk, drawers, and shelving. Comfort is maintained via a thru wall unit. The kitchen has been opened to the living area and features stainless appliances including GE gas stove and Bosch dishwasher. Stone countertops, tile backsplash and bar height island produce an inviting space to prepare meals and entertain guests. A large walk in custom closet leads to the windowed updated black and white tiled bathroom.
Ownership at London Terrace inculdes use of the iconic half olympic sized pool, steam, sauna, and locker rooms. A full sized gym is also available for an additional fee. One of the best roof decks in the city is also yours to use for relaxing, reading, and catching the amazing views of the city. London Terrace allows Pied-à-Terres, gifting, guarantors, co-purchasing and subletting after 2 years of ownership with board approval. There is a 2% flip tax (buyer and seller each pay 1%) and up to 80% financing is permitted. Your maintenance includes heat, gas, and hot water. Pets are also welcomed. Schedule today to see this rare apartment and all that London Terrace has to offer!

Listing History for 405 West 23rd Street, 12-B

Now
10/12/2026
$720,000 [-$25,000] [3.4%]
Price Drop by Scott Bane
Corcoran
09/08/2026
$745,000
Initial Price by Scott Bane
Corcoran
Load More

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
Learn More About the Building

Transit and Citi Bike

Subway

23 St
0.32 miles
23 St
0.49 miles
14 St
0.49 miles

Citi Bike

W 22 St & 10 Ave
0.08 miles
W 25 St & 9 Ave
0.16 miles

Contact Agent

Contact Agent

Licensed As
Scott M Bane
Associate Broker
License#:
10301209464
Company:
Corcoran
Scott Bane
Corcoran
Call Agent
Send Appointment Request
View this property on the company's website

Building Availability

APPSF
Median
Average
3
for sale
$1,251
$590,000
$622,667
2
in contract
-
$612,000
$612,000
10
sold
Last 12 months
$1,277
-
-
1
for rent
-
$4,950
$4,950
2
rented
Last 12 months
$118
-
-

AlcoveStudio in Chelsea

APPSF
Median
Average
20
for sale
$1,263
$662,500
$659,800
9
in contract
$1,080
$600,000
$572,667

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.  

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Featured on the Linecity Blog

The MEDIAN

Brooklyn | September 2023

According to New York City records, the median price for an apartment in Brooklyn in September 2023 was $735,000.  The price is identical to last year’s median for the month. The number of sales for September, when compared to 2022, however, fell dramatically from 594 to 375, representing a year-over-year decrease of 37%.   September i...

posted on December 30, 2023
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: 283224
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