NOT LISTED FOR SALE

London Terrace Towers 405 W 23rd St Unit 16L New York, NY 10011

Chelsea Neighborhood
1 Bed
1 Bath
550 Sq Ft
$1,814/mo HOA Fee

Last Sold February 13, 2024

Last sale price $637,500 $1,159 Per Sq Ft

201 Days on Market

Highlights

  • Steam Room
  • 4-minute walk to 23 Street (A,C,E Line)
  • Rooftop Deck
  • P.S. 11 Sarah J. Garnet School Rated A
  • Indoor Pool
  • 2-minute walk to Chelsea Waterside at Hudson River Park

About This Home

As of February 2024

Welcome home to this updated and bright alcove studio on a high floor in the famed London Terrace. Rarely available, this 16th floor sunny studio with a great layout has soaring beamed 10 foot ceilings and is in complete move in condition. This alcove studio can function as a junior one bedroom. The alcove is separated by custom sliding doors and can hold a king size bed. There is an oversized living room/dining room area. The recent renovation includes a new kitchen and appliances, tiled bathroom, custom walk-in closets / dressing room area for optimal storage, beautiful strip flooring and through the wall A/C.

Be part of this amazing and historic co-op at London Terrace , where pieds-a-terre, co-purchasing and subleasing are allowed. Pets are welcome! There is a 2% Flip Tax. Maintenance includes heat and water as well as access to "The Best Pool in New York" with steam rooms and saunas.

Amenities also include a state of the art gym (additional nominal fee), storage, bike room, 24 hour central laundry, and a beautifully landscaped roof garden looking towards the Hudson. Co-op allows 80% financing, Co-purchasing, Gifting and Parents buying for children. Sub-leasing is permitted after one year of ownership.

London Terrace Towers is an iconic 1930's Full- Service Doorman Co-op comprised of four corner buildings occupying the city block of 23rd-24th Street from 9th-10th Avenue. Find yourself steps away from the famous High Line, Chelsea art galleries, and few minutes from Hudson River Park, a great dog run, Chelsea Piers, Chelsea Market Transportation, great shopping and amazing restaurants are at your doorstep!

Last Agent to Sell the Property

Keren Ringler

Douglas Elliman Real Estate License #10301206616 Listed on: 03/15/2023

Douglas Elliman Real Estate

Co-Listed By

Samuel Kleiner

Douglas Elliman Real Estate License #10401334790

Property Details

Home Type

  • Co-Op

Year Built

  • Built in 1929

Lot Details

  • 436

HOA Fees

  • $1,814 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 16th floor

Additional Features

  • 1 Full Bathroom
  • Washer Dryer Allowed
  • Indoor Pool
  • North Facing Home
  • No Cooling

Listing and Financial Details

  • Legal Lot and Block 7501 / 00721

Community Details

Overview

  • High-Rise Condominium
  • London Terrace Condos
  • Chelsea Subdivision
  • 21-Story Property

Amenities

  • Rooftop Deck
  • Steam Room
  • Sauna

Property Details

Home Type

Co-Op

Year Built

Built in 1929

Lot Details

0

HOA Fees

$1,814 per month

Listing Details

  • Exposures: North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Chelsea
  • Entry Level: 16
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Coop
  • Stories: 21

Interior Features

  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area Units: Square Feet
  • Rooms (Total): 2
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Roof Deck, None
  • Patio/Porch Features: None

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Building In Basement
  • Green Building Features: Elevator(s), Green Building, Indoor Pool, Sauna, Steam Room
  • Cooling: Other
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1814.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Stock Cooperative
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: LONDON TERRACE
  • Community Features: Sauna
  • Spa Features: Sauna
  • Total Stories: 21
  • Year Built: 1929

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 00721
  • Tax Lot: 7501

Range of Values:

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Average Value
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Sold Price
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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 Prior Sale
02/13/2024 02/13/24 Sold $637,500 -4.1% $1,159 / Sq Ft
10/03/2023 10/03/23 Pending -- -- --
04/14/2023 04/14/23 Price Changed $665,000 -1.5% $1,209 / Sq Ft
03/15/2023 03/15/23 For Sale $675,000 +5.5% $1,227 / Sq Ft
06/12/2018 06/12/18 Sold $640,000 -1.4% $1,164 / Sq Ft View Prior Sale
05/13/2018 05/13/18 Pending -- -- --
02/13/2018 02/13/18 For Sale $649,000 -- $1,180 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Keren Ringler

    Seller's Agent in 2024

    Keren Ringler

    Douglas Elliman Real Estate

    (917) 757-0343

    1 in this area

    15 Total Sales

    Keren Ringler
    Section Image
  • Samuel Kleiner

    Seller Co-Listing Agent in 2024

    Samuel Kleiner

    Douglas Elliman Real Estate

    (303) 518-9568

    1 in this area

    3 Total Sales

    Samuel Kleiner
    Section Image

  • C

    Seller's Agent in 2018

    Carolyn B. Joy

    Brown Harris Stevens Residential Sales LLC

    (212) 317-7700

    20 Total Sales

    Carolyn B. Joy
    Section Image
See All Agents

About London Terrace Towers

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10934512

Real Estate Board of New York (REBNY)
New York New York County New York 10011 Chelsea

405 W 23rd St Unit 16L, New York, NY

This home is located at 405 W 23rd St Unit 16L, New York, NY 10011 since 15 March 2023. This property was built in 1929. 405 W 23rd St Unit 16L is a home located in New York County with nearby schools including P.S. 11 Sarah J. Garnet School, Clinton School, and Middle School 297.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Real Estate Board of New York (REBNY) 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.

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