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London Terrace Towers, 405 West 23rd Street, #2L

$599,000 | Studio, 1 bath
Building Profile  | 
2 days on Market

Key Details

  • Listed: Dec 9, 2024
    Days on Market: 2
    Building Type: Cooperative
    Neighborhood: Chelsea (Manhattan)
Monthly Maintenance: $1,628
Est. Monthly Mortgage: $3,114
Total Est. Monthly Carrying Cost: $4,742
Note: the above is based on a down payment of 20% ($119,800), which is the minimum amount permitted by the building.

Description

**Discover Your Quiet Oasis in Chelsea!**

Nestled in the heart of Chelsea, this charming alcove studio at London Towers offers a serene retreat with high beamed ceilings in a classic prewar doorman building. Situated at the end of a hallway, this cozy space (approximately 550 sqft) provides a peaceful ambiance with a northern exposure, showcasing a beautiful ivy wall and enveloping you in soothing white noise.

**Key Features:**
**Prime Location:** Second-floor unit accessible via stairs (optional elevator use).
**Inviting Interiors:** Windowed kitchen with stainless steel appliances, solid oak flooring, and a spacious changing area with ample storage.
**Comfortable Living Space:** Two oversized windows in the main room and a dedicated sleeping area that fits a queen-size bed.
**Stylish Bathroom:** Enjoy a cast iron soaking tub and a pedestal sink for a touch of elegance.
**Utilities Included:** All utilities (heat, water, electricity, and gas) are covered in the maintenance fee. With an electricity submetering credit of $41.83 monthly, your effective monthly maintenance is $1,628.69.
**Tenancy Details:** Currently tenant-occupied until April 2025; 24-hour advanced notice required for showings.

**Building Amenities:

**London Terrace Towers is a full-service doorman pre-war co-op from the 1930s, consisting of four stunning gothic-style buildings.

Enjoy a range of amenities including:

-Indoor mosaic tile pool with steam room, sauna, and locker room
-Laundry facilities, bike room, storage options
-Rooftop deck for relaxation
-On-site garage for convenient parking (separate management/fee)
-Impressive 3,000 SF gym available to shareholders for a low fee
-UnlimitedSubletting is permitted after 2 years of ownership, subjectboard approval

**Conveniently Located:
**Just minutes from the High Line, Chelsea Piers, Hudson River, and a variety of restaurants and galleries. Easy access to the C, E, and #1 subway lines ensures you’re connected to all that New York City has to offer.

**Flexible Ownership Options:
**The co-op welcomes dogs, co-purchasing, guarantors, and pied--terre owners, making it a versatile choice for various lifestyles.

Dont miss this opportunity to own a piece of tranquility in vibrant West Chelsea! Reach out today for more information or to schedule a viewing.

BOND New York Properties is a licensed real estate broker that proudly supports equal housing opportunity.

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Listing courtesy of Bond New York Properties LLC

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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