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London Terrace Towers, 405 West 23rd Street, #17D

$7,500,000 | 3 beds, 4 baths
Building Profile  | 
76 days on Market

Key Details

  • Listed: Sep 9, 2024
    Days on Market: 76
    Building Type: Cooperative
    Neighborhood: Chelsea (Manhattan)
Monthly Maintenance: $8,906
Est. Monthly Mortgage: $40,039
Total Est. Monthly Carrying Cost: $48,945
Note: the above is based on a down payment of 20% ($1,500,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Prime Location: This architect-designed apartment is located in the heart of West Chelsea, a vibrant neighborhood with numerous amenities. It's in close proximity to the High Line Park, art galleries, and Chelsea Piers.
  • Stunning Views and Outdoor Space: The apartment boasts a rare 1,000+ sf wrap-around terrace with breathtaking views of the Statue of Liberty, Hudson River, Hudson Yards, and the Empire State Building.
  • Luxurious Interiors: The interiors feature fumed oak chevron flooring, lacquered wood paneling, custom lighting design, and a Lutron home automation system. The full bathrooms are adorned with Calacatta Manhattan slabs on the walls and sinks, Danby marble floors, Waterworks fixtures, and a water filtration system.
  • Gourmet Kitchen: The kitchen is equipped with a Black Absolute granite countertop, ebonized oak cabinetry with walnut interiors, and high-end appliances, including a Miele washer and dryer.
  • Building Amenities and Community: The building offers a state-of-the-art fitness center, a heated indoor swimming pool, planted roof terrace, basement bike storage, and a laundry room. As a cooperative, it offers potential tax benefits and a sense of community.
  • Iconic Building: The apartment is part of the iconic London Terrace Towers, one of the most famous prewar buildings in downtown Manhattan.

Description

Perfectly perched on the 17th floor of London Terrace, this architect-designed apartment with a rare 1,000+ sf wrap-around terrace is a serene oasis in the heart of West Chelsea. With interiors conceived by Otherstudio Design in partnership with AR Arquitetos of São Paulo, and exterior spaces designed by Michael Trapp, the apartment presents a perfect synthesis of modern minimalist design and extraordinary outdoor space. The upper floor of this 3 bedroom/3.5 bath duplex apartment is flanked by full height blackened steel casement French doors and windows on all three exposures (South, West and North), all of which provide access to the terraces.

Other features of the apartment include fumed oak chevron flooring, lacquered wood paneling, custom lighting design, a Lutron home automation system, surround sound system with built-in speakers and automated shades. The full bathrooms feature Calacatta Manhattan slabs on the walls and sinks, Danby marble floors, Waterworks fixtures and a water filtration system. On entering the apartment, a dramatic gallery-like hallway leads the eye to a full height casement window framing the landscaped terrace and fountain beyond.

The entry foyer sets the sophisticated tone for the rest of the home with flooring of custom terrazzo, Black Marquino and Carrara marble. Adjoining the foyer is a powder room and a coat closet. Following is a secondary bedroom suite, with French doors opening onto the North terrace, wire-brushed oak closets and a windowed bathroom with a soaking tub and shower. Next is the upper floor primary bedroom, also with French doors opening onto the terrace, two walls of generous closets and an en suite bathroom with a double sink, a nickel-plated soaking tub and a separate shower.

The living and entertaining area is an open, loft-like space with three exposures (South, West and North) and multiple French doors and windows providing connectivity with the outdoor spaces. It features a wood-burning fireplace with a Black Marquino mantle. The windowed kitchen presents a striking contrast in tonality with its Black Absolute granite countertop, ebonized oak cabinetry with walnut interiors, Wolf cooktop, oven and microwave, Dacor warming drawer, Subzero refrigerator and wine cooler, Bosch dishwasher and Futuro hood.

The apartment also includes a Miele washer and dryer. Accessed from any of the French doors throughout the apartment, the terraces provide a serene respite from city life with views of the Statue of Liberty to the South, glimpses of the Hudson River to the West and of Hudson Yards and the Empire State Building to the North. A wisteria-draped pergola gives a note of privacy to the spacious outdoor dining area, while a fountain provides a soothing acoustical backdrop. The terrace is decked in bluestone-colored tiles and Ipe wood, with an Ipe backdrop and two storage sheds.

The landscape design, showcased in the book "Repose in the Metropolis: The Private Gardens of New York City", is designed to be evergreen year-round. The terraces also include a full irrigation system, two automated awnings and an outdoor shower. Descending from the living area via a steel staircase with custom terrazzo treads, one enters the sumptuous and private lower floor primary bedroom suite. This spacious bedroom looks South through two arched windows and features a pair of rare Apparatus light fixtures.

Connected to the bedroom is a spa-like bathroom with a steam shower with aromatherapy feature, and a double sink. Adjoining the bedroom is a home office (which could easily be converted to an ample walk-in closet), a separate walk-in closet and a large wall closet. London Terrace Towers is one of the most iconic full service prewar buildings in all of downtown Manhattan, offering an impressive array of amenities including a state-of-the-art fitness center, a heated indoor swimming pool, planted roof terrace, basement bike storage and a laundry room.

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Apartment Amenities

  • Terrace
  • City View
  • Washer/Dryer in apt.
  • Balcony
  • Garden
Listing courtesy of Sothebys International Realty

Pricing History

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About London Terrace Towers, 405 West 23rd Street

86

London Terrace Towers, 405 West 23rd Street has received a CityRealty Rating of 86, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

29
Out of 44
+
28
Out of 36
+
20
Out of 39
+
9
=
86
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Distinguished 7 out of 8 points
Retail Quality:
Good 3 out of 5 points
Canopy Entrance:
No Canopy 1 out of 3 points
Alterations:
Well Done 1 out of 2 points
Plaza Or Atrium:
Exists 1 out of 3 points
Contextual Design:
No, but Very Good 3 out of 3 points
Skyline:
Highly Visible 2 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Allowed and Present 0 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
Present 1 out of 2 points
Garden:
Attractive 2 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
Part of Historic District 1 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Attractive / Pleasant 3 out of 5 points
Distance To Neighborhood Center:
Less than 30 blocks 3 out of 5 points
Views:
Dazzling 4 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Some 2 out of 3 points
Protected Views:
Many 2 out of 2 points
Distance To Subway:
3-5 Short Blocks 1 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
3-5 Short Blocks 1 out of 2 points
Distance To Park:
3-6 Short Blocks 1 out of 2 points
Distance To Water:
Less than 3 Short Blocks 2 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Minimal but Attractive 2 out of 5 points
Units Per Floor:
10-15 1 out of 5 points
Ceiling:
8-9 Feet 1 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
Yes, with Swimming Pool 2 out of 2 points
Private Gardens:
Substantial 2 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
Some 1 out of 1 points
Door Person:
None 0 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
Yes 1 out of 1 points
Driveway:
Yes 1 out of 1 points
Maids Room:
Some 1 out of 1 points
Catering:
None 0 out of 1 points
Garage:
Yes 1 out of 1 points
Mixed Use:
Yes 1 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • Concierge
  • High-Rise
  • Pre War
  • Full Service Garage
  • Garden
  • Health Club
  • Pool
  • Rooftop Terrace
  • Washer/Dryer in building

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Pros
  • Many good views
  • Sidewalk landscaping
  • Good cross-town bus service
  • Close to Chelsea art galleries
  • Close to Chelsea restaurants
  • Close to Chelsea Piers
  • Roof deck
  • Concierge
  • Garage
  • Central Chelsea location
  • Large swimming pool
  • Close to Subway
Cons
  • Many apartments
  • No balconies
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Subways

  1. C
  2. E
at 8th Ave and 25th 0.19 miles
  1. 1
at 7th Ave 0.36 miles
  1. A
  2. L
at 8th Ave and 16th 0.41 miles

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