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$558,000
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Property Description
Pre-war NYC elegance, quietude, and space in a prime Chelsea location - all without compromise at 405 West 23rd Street.We are proud to present for sale Residence 5I, a turn-key gracious alcove studio currently used as a studio with a home office, located at London Terrace Towers, the premier full-service, white-glove pre-war cooperative in West Chelsea. A coveted line for discerning buyers of the building due to it's grand proportions and virtually soundproof location, the new owner can enjoy the space as-is or utilize the office as a sleeping alcove. The home is freshly painted and features brand new casement windows throughout.As you open your door, the charm unfolds as you meet your proper foyer with a pendant chandelier, leading to a generous walk-in closet/dressing room that is custom outfitted with mahogany shelving that provides organization, plentiful storage, and neatly displays your wardrobe. Adjacent is your subway-tiled bathroom with charming and original built-in fixtures - two medicine cabinets, hamper, hooks, porcelain sink, and re-glazed tub - all in pristine condition for your enjoyment. The living space is wide and comfortable, and can accommodate multiple zones of living - sitting, sleeping, and dining, if you wish. The expansiveness extends vertically with beamed, 9 foot ceilings. The office nook is framed by original steel borders which can be opened to incorporate a formal sleeping alcove. The home's casement windows are north-facing, receiving continuous, gentle illumination throughout the day. With through-wall airconditioning, also brand new, your windows are unobstructed. The windowed kitchen is a delight to cook-in that features spacious white cabinetry with underhead lighting countertop space, stainless steel fridge and backsplash, a 24-inch Bosch range as well as a full-sized Bosch dishwasher. Last but not least, original and solid hardwood floors (no squeaking!) ground the space. London Terrace Towers is a white-glove, prewar cooperative located in the heart of Manhattan's Chelsea neighborhood on West 23rd and West 24th Streets. The architectural firm Farrar & Watmough designed the magnificent Greek Revival structure which opened in 1930. Its classical details and impressive scale have made it one of the most recognizable and highly sought after buildings in the city. Residents enjoy the finest amenities, including a 24-hr doorman, live-in super, Olympic-sized heated swimming pool, state-of-the art fitness center with sauna and steam room, lush private gardens, and landscaped roof deck. The building also offers a laundry room, bicycle storage, and a parking garage. London Terrace is pet-friendly (dogs allowed!), allows subletting after 2 years of ownership, pied-à-terre, co-purchasing, gifting, and trust purchases! The 23rd Street subway station (C,E) is located just a block away as well multiple cross-town bus lines. The surrounding neighborhood of London Terrace Towers is the pinnacle of Downtown Manhattan luxury living and entertainment - at your fingertips are The Highline Park, Hudson River Park,The Whitney Museum, Chelsea Market, The Meatpacking District, world-class shopping, five-star restaurants, bars, nightlife, as well Whole Foods. Reserve your private tour of 405 West 23rd Street, 5I today.
Full Property Details
Full Property Details for 405 W 23rd St #5I
General
- Price: $558,000
- HOA FEE: $1,693/month
- Status: Active
- Type: Apartment
- Source: REBNY
- MLS ID: RLS20117117
- Updated: 9/24/2026
- Added to Site: 16 day(s) ago
Interior
- Number of Rooms: 5
- Interior Features: Dining Area, High Ceilings
- Appliances: Dishwasher
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Other Rooms
- Laundry: Building In Basement
Additional Information
- Pool: Yes
- Pool Description: Building Indoor
- Spa Description: Sauna
Exterior
- Exterior Features: Building Roof Deck
Parking
- Garage: Yes
Location
- County: New York
- Subdivision: Chelsea
- Building Name: London Terrace
Community
- Pets Allowed: Yes
Structural Information
- Structure Type: High Rise
- Basement Desc.: Other
- Stories/Levels: 21
- Year Built: 1929
- Other Struct. Feat.: Bike Storage, Indoor Pool, Sauna, Storage, Steam Room
Lot Features
- Property View: Other
- Zoning: null
Financial Considerations
- Association Fee: $1,693
- Assoc Fee Freq.: Monthly
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 0721-1062-00405-000-000005I
- Block: 721
- Lot Number: 7501
Listing Courtesy of Corcoran Group
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Schools
Schools serving 405 W 23rd St #5I
School District:New York City Geographic School District 02
| Name | Grades | Distance |
|---|---|---|
Ps 33 Chelsea Prep 281 9th Avenue, New York, NY 10001 | PK-5 | 0.2 mi |
Middle 297 75 Morton St, New York, NY 10038 | 6- | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 405 W 23rd St #5I
Date
Details
Price
Change
Source
9/24/2026
Listed
$558,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 405 W 23rd St #5I
Year
Property Taxes
Change
Tax Assessment
Change
2024
100%
100%
2025
100%
100%
2023
100%
100%
2022
100%
100%
2021
100%
100%
2020
—
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 405 W 23rd St #5I
405 W 23rd Street #5I, New York, NY 10011 (MLS# RLS20117117) is a Apartment property with 0 bedrooms and 1 full bathroom. 405 W 23rd Street #5I is currently listed for $558,000 and was received on September 24, 2026. Want to learn more about 405 W 23rd Street #5I? Do you have questions about finding other Apartment real estate for sale in New York? You can browse all New York real estate or contact a Coldwell Banker agent to request more information.

