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RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.

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  1. Home
  2. Buy
  3. New York City
  4. Manhattan
  5. 10011
  6. 405 West 23RD Street #14JK
Property thumbnail
1 / 19
Stock Cooperative•Chelsea

405 West 23RD Street #14JK, New York City, NY 10011

Listing Courtesy of Douglas Elliman Real Estate

$1,380,000

Potential Rebate: $20,700

Stock Cooperative
1 Bed
2 Baths
4 Rooms
Built 1929
21 Stories
Listed on Mar 26, 2025
276 days on market
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Overview

<p>Enter this high floor one-bedroom plus home office, two-bathroom and be greeted by an abundance of natural light streaming in from six south-facing windows. As you gaze out, you'll be mesmerized by the breathtaking open southern views above the historic district of Chelsea, and beyond. The apartment has an exceptional layout, with generous proportions throughout, and a particularly easy flow.</p> <p>There is a spacious living room leading into the sun-flooded chef's kitchen equipped with Viking stove, Miele dishwasher and Liebherr refrigerator, and plenty of well-lit workspace from custom Baltensweiler pendant lights. Whether a quick breakfast or a dinner party, this kitchen is ready to handle it all. </p> <p>A sizeable alcove currently serves as a library, a perfect retreat for anyone seeking a quiet space to work or relax. The oversized bedroom has its own walk in closet, and generous closet space throughout ensures that everything has its place. There are two large bathrooms, one with classic London Terrace tiles and bath, and one beautifully updated, with walk-in shower. Both are fitted with Waterworks fixtures. What could be better! </p> <p>London Terrace is a sought-after 1930 landmark building known for its distinctive architectural beauty and rich history. Within this full city block, there is an art deco half Olympic size swimming pool, Spectacular roof deck, bike storage, additional storage for rent, spacious laundry room and a large and wonderful staff available 24 hours a day. </p>

Home Features

  • •Building In Basement
  • •Building Roof Deck
  • •Private Outdoor Space Over 60 Sqft
  • •Washer Dryer Allowed
  • •Bridge(s)
  • •City Lights
  • •City
  • •Panoramic

Building Amenities

  • •Sauna

Estimated Monthly Payment

$10,319 per month

30 year fixed, 6.28% Interest

Principal and Interest
$6,819
Property Taxes
$0
Maintenance/Common Charges
$3,500

Estimated Rebate for this Home

One-time rebate at closing

$20,700

Monthly savings impact

$58/mo

💡 Estimated at 1.5% of purchase price

The rebate is paid to you at closing and can help offset closing costs or other expenses.

Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).

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Listings

RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.

The Real Estate Rebate Team

Listing Courtesy of Douglas Elliman Real Estate

Data Source: TRESTLE #RLS20011937

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Price Analysis

Compare average listing prices and value metrics for London Terrace against the surrounding Chelsea market.

Based on 1 active units in building vs 171 in area

Average List Price

Building$1.4M
Neighborhood$4.5M

Price Per SqFt

Insufficient size data available to calculate Price Per SqFt comparisons for this specific selection.

Value Opportunity

69.29% Lower

than the Chelsea price average

Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.

Chelsea

Art Galleries & High Line Living

\n

Chelsea is a cultural powerhouse. Known for its hundreds of art galleries, the High Line, and beautiful brownstone streets.

\n

Real Estate & Housing Market

\n

A mix of historic townhouses, pre-war co-ops, and ultra-luxury condos near the High Line. Very expensive.

\n

Lifestyle & Community

\n

Vibrant and diverse. The LGBTQ+ community has a strong historic presence. Chelsea Market draws foodies.

\n

Transportation & Accessibility

\n

C/E, 1, and F/M trains serve the area. Penn Station is at the northern border.

\n

Parks, Schools & Amenities

\n

The High Line is the crown jewel. Chelsea Piers offers massive sports facilities.

\n

Who This Neighborhood Is Best For

\n

Best for art lovers, active lifestyle enthusiasts, and those wanting a mix of historic and modern.

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