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405 W 23RD Street 12B

$720,000

MLS# RLS20113402 · Chelsea

Price reduced$745,000 to $720,000$25,000 (3.4%) off

Originally listed at $745,000. Price last reduced on October 12, 2026.

Listed September 8, 2026 · 48 days on the market

0 Beds 1 Baths

About This Property

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!

Property Features

Policies

  • Pets allowed

Home features

  • City view

Building amenities

Services and facilities

  • Bike room
  • Elevator
  • Garage parking
  • Laundry in building
  • Security system
  • Storage space

Wellness and recreation

  • Gym
  • Health club
  • Indoor pool
  • Sauna
  • Steam room
  • Yoga studio

Outdoor space

  • Roof deck

Some building amenities are reported on other current listings in this building. Confirm amenities and building policies before relying on them.

Estimate

Monthly Cost & Closing Costs

The rate is a placeholder, not a quote. Enter the one your lender gives you.

$5,714 / month

  • Principal and interest$3,641
  • Maintenance$2,073

Due at closing

  • Down payment (20%)$144,000

Co-op share loans aren't subject to mortgage recording tax. 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.

Listing Courtesy of Corcoran Group

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RLS: Real Estate Board of New York Residential Listing Service

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.

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