NOT LISTED FOR SALE

Estimated Value: $913,000 - $1,181,000

-- Bed
1 Bath
450 Sq Ft
$2,327/Sq Ft Est. Value

Last Sold October 21, 2024

Last sale price $505,000 $1,122 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $8,206/month

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 October 2024

Isn't it time to start exerting your Independence!

Be the first to enter this fixer-upper on the 9th floor with expansive southern views overlooking West Chelsea Historic District and beyond. The twinkling cityscape lights of New York City in the evening are sublime! If you lived here you will also experience the brilliant sunlight streaming in throughout the day.

Do you have a vision of your next home? Can it be channeled through Architecture? How about a raw space where you can introduce your own signature style or brand? Now is the opportune time to create a serene Zen environment here in 405 West 23rd Street, Residence 9F. The existing pictures represent the space as is, however, the long term resident is vacating soon. We have introduced virtually staged photos that may provide inspiration for the renovation of this diamond in the rough.

You'll go bananas over the original late circa 1920's steel entry door, door frames, radiator covers + window-sills just waiting to be brought back to their original luster. Under the multiple paint layers, you'll discover solid beech wood doors, original baseboards and 3 " solid oak-plank flooring. All pre war details that are accented by 9' +/- concrete beamed ceilings and casement style sound-insulating windows.

What to do with a separate windowed galley kitchen waiting to be transformed into a practical and efficient space? How about introducing an abundance of cabinetry, stone top counters and breakfast bar.

A fully subway tiled prewar bathroom w / extra-deep cast iron soaking tub, porcelain sink and medicine cabinet are signature features here in London Terrace Towers. The mosaic tile floor reminds one of an era-gone by.

The sizable Great Room is just shy of 14' wide and can accommodate a separate Bed Alcove area, (to be created) full living room ensemble, dining and / work station. When one wishes to adjust the temperature, a under window, through-wall AC unit provides the ultimate cooling experience.

The London Terrace Towers amenity package provides for use of; heat, hot water, gas, electric, submettered (w/ monthly credit) 1/2 Olympic size indoor heated pool, private locker facilities, steam rooms + saunas. Our 3K Sq. Ft state of the art fitness center welcomes you and your personal trainer. You may wish to utilize one of our in-house fitness instructors.

Our residents enjoy a planted and teak furnished roof deck, (w/ shower) and jaw dropping views of Manhattan's most famous landmark buildings. The New Jersey skyline and Hudson River views are beyond amazing!You and your invited guests will always feel at ease when entering the 24 hour attended lobby with beautiful ceilings styled after a famous Palace in London. An indoor garage (not part of Co-op) is located on premises, (separate fee applies). Bike and storage lockers avail for monthly fee. Pets are welcome. Co-purchasing allowed, gifting allowed, Pied A Terre's allowed. Unlimited subleasing post 1 year ownership with Board approval. Co-op 2% Flip Tax paid 50/50 buyer/s and seller/s.

Last Agent to Sell the Property

Bruce Solomon

Douglas Elliman Real Estate License #30SO0813175 Listed on: 08/02/2024

Douglas Elliman Real Estate

Property Details

Home Type

  • Co-Op

Year Built

  • Built in 1929

HOA Fees

  • $1,625 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 9th floor

Interior Spaces

  • 1 Full Bathroom
  • 450 Sq Ft Home
  • Washer Dryer Allowed

Additional Features

  • Indoor Pool
  • South 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

$1,625 per month

Listing Details

  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Chelsea
  • Entry Level: 9
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Coop
  • Stories: 21

Interior Features

  • Interior Features: Dining Area
  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area: 450.0
  • Living Area Units: Square Feet
  • 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 In Basement
  • Green Building Features: Elevator(s), Indoor Pool, Sauna, Steam Room
  • Cooling: Other
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1625.0
  • 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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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
10/21/2024 10/21/24 Sold $505,000 -8.0% $1,122 / Sq Ft
08/02/2024 08/02/24 Pending -- -- --
08/02/2024 08/02/24 For Sale $549,000 -- $1,220 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10997588

Real Estate Board of New York (REBNY)

APN: 00721-10629F 02