405 W 23RD Street 5I
$558,000
MLS# RLS20117117 · Chelsea
Listed September 24, 2026 · 32 days on the market
0 Beds 1 Baths
About This Property
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.

Curtis Bain
Brown Harris Stevens
Property Features
Policies
- Pets allowed
Home features
- View
- Dishwasher
- Dining area
- High ceilings
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.
$4,515 / month
- Principal and interest$2,822
- Maintenance$1,693
Due at closing
- Down payment (20%)$111,600
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.
Gallery
Property Photos
Listing Courtesy of Corcoran Group
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.