This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/39
$585,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/39
Property Description
Welcome to Residence 5L at 405 West 23rd Street-where prewar pedigree meets modern-day West Chelsea living, right at the corner of 9th Avenue in the iconic London Terrace Towers Co-op. THE BEST VALUE IN CHELSEA-yes, really! If you've been waiting for the right moment to claim an oversized alcove studio, this might just be it. Tucked at the end of a short hallway, this home offers something rare in the city: genuine privacy and a sense of calm. From the moment you enter, the details do the talking-beautifully restored steel entry door, original frames, classic radiator covers, and deep window sills to name a few. Built to last (as all great things should be), the apartment showcases 9'+/- beamed ceilings, concrete + plaster walls, and solid oak plank flooring. A Friedrich 12,500 BTU through-wall AC unit keeps things perfectly cool when the city heats up. Northern exposures-also known as "artists light"-pour in through three oversized casement windows, framing tranquil views of lush, ivy-draped walls and the interior garden. The main living space (nearly 14' feet wide) is both generous and functional, featuring custom floor-to-ceiling built-ins-perfect for storage, display, or finally organizing that book collection you swear you'll reread. The windowed galley kitchen pairs charm with practicality: stone countertops, quality appliances, and original steel-and-glass cabinetry (circa 1930) that feels equal parts vintage and timeless. And the bathroom? Pure prewar character. Think classic black-and-white mosaic floors, subway-tiled walls, and a deep cast-iron soaking tub that invites you to unwind properly. Whether you're searching for a intimate pied-à-terre or your very first West Chelsea home, Residence 5L is ready for its next chapter-yours. If Gotham had a Chelsea address, this might be it. Building amenities (because lifestyle matters): - 24-hour attended lobby - Half Olympic-size indoor pool, steam rooms & saunas - Landscaped roof deck with sweeping skyline, Hudson River, and New Jersey views - Private fitness center managed by Urban Playground (separate charge) - Pets welcome - Unlimited subleasing after two years London Terrace Towers boasts their own onsite Management office, Live-in Superintendent,+ bike rooms & storage lockers for lease. You can Google the building's #1 Resident Broker and London Terrace Towers specialist for a VIP tour.
Full Property Details
Full Property Details for 405 W 23rd St #5L
General
- Price: $585,000
- HOA FEE: $1,770/month
- Status: Active
- Type: Apartment
- Source: REBNY
- MLS ID: RLS20088475
- Updated: 5/3/2026
- Added to Site: 18 day(s) ago
Interior
- Number of Rooms: 4
- Interior Features: Dining Area, High Ceilings
- Appliances: Washer Dryer Allowed
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Other Rooms
- Laundry: Building In Basement
Additional Information
- Spa Description: Sauna
Exterior
- Exterior Features: Building Roof Deck, Private Outdoor Space Over 60 Sqft
Parking
- Garage: Yes
Location
- County: New York
- Subdivision: Chelsea
- Building Name: London Terrace
Community
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: Other
Structural Information
- Structure Type: High Rise
- Basement Desc.: Other
- Stories/Levels: 21
- Square Feet: 550
- Living Area: 550 Sq. Ft.
- Year Built: 1929
- Other Struct. Feat.: Bike Storage, Indoor Pool, Sauna, Steam Room
Lot Features
- Property View: Other
- Zoning: null
Financial Considerations
- Association Fee: $1,770
- Assoc Fee Freq.: Monthly
Disclosures and Reports
- Special Conditions: Standard
- Block: 721
- Lot Number: 7501
Listing Courtesy of Douglas Elliman Real Estate
Get Pre-Approved Today
Schools
Schools serving 405 W 23rd St #5L
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 #5L
Date
Details
Price
Change
Source
5/03/2026
Listed
$585,000
—
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 #5L
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 #5L
405 W 23rd Street #5L, New York, NY 10011 (MLS# RLS20088475) is a Apartment property with 0 bedrooms and 1 full bathroom. 405 W 23rd Street #5L is currently listed for $585,000 and was received on May 03, 2026. Want to learn more about 405 W 23rd Street #5L? 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.

