Open House
Tue, Oct 27 · 4:00PM–6:00PM
Open House
Tue, Oct 27 · 4:00PM–6:00PM
170 W 23rd Street 5M
$700,000
MLS# RLS20070550 · Chelsea
Listed September 23, 2026 · 33 days on the market
1 Beds 1 Baths
About This Property
Why buy a co-op when you can own a Chelsea condo at this price?
Residence 5M at 170 West 23rd Street offers one of the most compelling values for a true one-bedroom condominium in Chelsea. Asking just $700,000, this bright, move-in-ready home combines the flexibility of condo ownership, private outdoor space, open city views, and a prime location in the heart of one of Manhattan’s most desirable neighborhoods.
The thoughtfully designed layout is filled with natural light from multiple windows, while the private balcony creates a rare extension of the living space and a place to enjoy the surrounding cityscape.
For an end user, this is an opportunity to own in an exceptionally convenient Chelsea location surrounded by restaurants, shopping, galleries, parks, and transportation. For an investor, condominium ownership provides added flexibility in a neighborhood with consistently strong rental demand.
The Chelsea 7th Condominium is a full-service building with a 24-hour doorman, live-in superintendent, on-site laundry, bike storage, and an attached garage. The building is also wired for FIOS and permits guarantors and corporate purchasers.
Located moments from Trader Joe’s, Whole Foods, the High Line, Madison Square Park, the 1, F/M, C/E and PATH trains, Residence 5M offers an increasingly rare combination: a true one-bedroom Chelsea condo, private outdoor space, and an asking price of just $700,000.
Monthly assessment: $36.82
Curtis Bain
Brown Harris Stevens
Property Features
Policies
- Cats and dogs allowed
Home features
- Wall air conditioning units
- Wall furnace
- Hardwood floors
- City view
- Skyline view
- Dishwasher
- Balcony
- Private outdoor space (under 60 sq ft)
Building amenities
Services and facilities
- Bike room
- Elevator
- Garage parking
- Laundry in building
Estimate
Monthly Cost & Closing Costs
The rate is a placeholder, not a quote. Enter the one your lender gives you.
$5,796 / month
- Principal and interest$3,540
- Common charges$1,065
- Property taxes$1,191
Due at closing
- Down payment (20%)$140,000
- Mortgage recording tax (1.925%)$10,780
The mansion tax applies to purchases of $1 million or more. Not included: attorney, title insurance, lender and appraisal fees, board application and move-in fees, flip tax and prepaid items. Estimates only, based on the published New York State rates. Your attorney and lender will confirm the real figures.
Gallery
Property Photos
Listing Courtesy of Sothebys International Realty
This 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.
