$2,395,000
$100K PRICE DROP

240 W 23rd St Unit PHC New York, NY 10011

Chelsea Neighborhood

Estimated payment $19,471/month

Total Views 567
2 Beds
2 Baths
1,700 Sq Ft
$1,409 Price per Sq Ft

Highlights

  • River View
  • 1-minute walk to 23 Street (1,2 Line)
  • Elevator
  • P.S. 11 Sarah J. Garnet School Rated A
  • Terrace
  • 3-minute walk to Chelsea Waterside at Hudson River Park

About This Home

WISH YOU COULD LIVE NEXT DOOR TO THE HISTORIC AND ICONIC HOTEL CHELSEA? Here's your chance:

The first thing you notice is the light. Southern exposure floods the home, filling every corner and making it feel like summer year-round. With two entrances, three private outdoor spaces, deeded storage, and a fully renovated interior facing the quiet of 22nd Street, all that's left is for you to move in. Let's take a tour:

Floor 1

This level begins with the chef's kitchen and an adjacent dining area that seats up to eight. High-end stainless steel appliances, a wine fridge, and a built-in pet feeding station with its own faucet are all included. At the far end of the space are two rooms, each with its own balcony and sleeping loft. A full bathroom with heated floors and a washer and dryer hidden in the linen closet complete this floor.

Optional layout: Prefer an oversized bedroom with double balconies? The two rooms can easily be combined. See Alternative Floor Plan 1.

Floor 2

The second-level entrance drops you into the heart of the home. This family room is larger than most studio apartments in Manhattan. It has hosted themed dinners that spilled onto the terrace, game nights, book clubs, and more. Its size makes it easy to imagine an extra bedroom AND a home office here if desired. See Alternative Floor Plan 2.

The Terrace

Slide open the doors to your massive outdoor terrace. Here, you can soak up the sun, do morning yoga, grow fruits and vegetables, and let kids and pets wear themselves out. Blue jays, robins, and mourning doves make regular appearances in the summer; snow collects in the winter for your own personal snowman. Fun fact: The current owners held their wedding here, because when your terrace feels like a private garden with open city views, why wouldn't you?

Floor 3

At the very top sits your grand suite: a king-sized bedroom with two walk-in closets, an en-suite bathroom, and views of Chelsea framed by three oversized windows. You end the day here, tucked above the city.

More Thoughtful Details

- White oak floors with soundproofing under every plank.

- Fireproofing throughout the walls

- LED recessed lighting on every floor

This isn't a compromise, this isn't "close enough," this is the home that delivers everything you thought you couldn't have for under $2.5M.

The Building

The Arcadia, a C.P.H. Gilbert design from 1899. Just 21 residences. A key-locked elevator, app-based video intercom, a full-time super, laundry, storage (including bikes) and a common roof deck.

The Neighborhood

Chelsea is all around you: the historic Hotel Chelsea next door, restaurants, galleries, fitness centers, grocery stores like Whole Foods and Trader Joe's, and subway lines (C, E, 1, F, M) all within a block. You'll feel plugged into the city without giving up your peace and quiet.

Buyer's Capital Contribution: Two months" maintenance into the reserve fund.

Listing Agent

Anique Christie-Wallace

Berkshire Hathaway HomeServices New York Properties License #10401345696 Listed on: 09/02/2025

Berkshire Hathaway HomeServices New York Properties

Co-Listing Agent

Brian Meier

Berkshire Hathaway HomeServices New York Properties License #10301221717

Property Details

Home Type

  • Co-Op

Year Built

  • Built in 1920

HOA Fees

  • $4,516 Monthly HOA Fees

Property Views

  • River
  • City

Home Design

  • 1,700 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer Dryer Allowed

Outdoor Features

  • Balcony
  • Terrace

Additional Features

  • South Facing Home
  • No Cooling

Listing and Financial Details

  • Legal Lot and Block 0067 / 00772

Community Details

Overview

  • 17 Units
  • High-Rise Condominium
  • The Arcadia Condos
  • Chelsea Subdivision
  • 7-Story Property

Amenities

  • Elevator

Property Details

Home Type

Co-Op

Year Built

Built in 1920

Lot Details

0

HOA Fees

$4,516 per month

Listing Details

  • Exposures: South
  • Property SubType: Triplex
  • Property Type: Residential
  • Neighborhood: Chelsea
  • Unit Levels: Tri-Level
  • Structure Type: High Rise
  • Pets No Pets Comments: Pets Allowed,Building Pets Allowed Comments:Pets Allowed
  • Special Features: VirtualTour
  • Property Sub Type: Coop
  • Stories: 7

Interior Features

  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area: 1700.0
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Exterior Features

  • View: City, River
  • View: Yes
  • Exterior Features: Balcony, Private Outdoor Space Under 60 Sqft
  • Patio/Porch Features: Terrace, Balcony

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building None, In Unit
  • Green Building Features: Elevator(s)
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 4516.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Stock Cooperative

Lot Info

  • Zoning Description: C2-7A

Building Info

  • New Construction: No
  • Building Name: The Arcadia
  • Units: 17
  • Total Stories: 7
  • Year Built: 1920

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 00772
  • Tax Lot: 0067

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2025 11/06/25 Price Changed $2,395,000 -4.0% $1,409 / Sq Ft
09/02/2025 09/02/25 For Sale $2,495,000 -- $1,468 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20045354

Real Estate Board of New York (REBNY)

APN: 620100-00772-0067