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London Terrace Towers, 405 West 23rd Street, #4E

$1,325,000 ($1,472 per ft2) | 1 bed, 1 bath | Approx. 900 ft2
Building Profile  | 
15 days on Market

Key Details

  • Listed: Nov 6, 2024
    Days on Market: 15
    Building Type: Cooperative
    Neighborhood: Chelsea (Manhattan)
Monthly Maintenance: $2,919 ($3.24/ft2)
Est. Monthly Mortgage: $7,031
Total Est. Monthly Carrying Cost: $9,950 ($11.06/ft2)
Note: the above is based on a down payment of 20% ($265,000), which is the minimum amount permitted by the building.

Description

One Bed in Chelsea Plucked Straight Out of Paris

Welcome home to this beautiful Parisian sanctuary on one of the most desirable blocks in the heart of Chelsea. On the corner of 9th Avenue and 23rd Street, apartment 4E at 405 West 23rd has been completely gut renovated and redesigned by Andre Mellone at Studio Mellone with not one detail overlooked or expense spared.

From the large entry foyer with an oversized coat closet, enter the southern- and eastern-facing corner living room. Custom built-ins span one side of the living room, while a designated dining area which comfortably seats 10 flanks the other.

Just off the dining area, the kitchen features black Calacatta marble, a Miele appliance package complete with dishwasher, Waterworks fixtures, and custom cabinetry.

The windowed bathroom-directly off the foyer and facing south-features a double sink marble vanity, Waterworks fixtures, and elegant deep blue subway tile. While the oversized bedroom has a huge walk-in closet, two large windows looking south onto 23rd Street, and comfortably fits a king bed with bedside tables and room to spare.

The apartment also features hardwood floors throughout, nine oversized casement windows, and through-wall air conditioning. Pre-war details have been maintained through the coffered ceilings and trim detailing.

All of these features create a perfectly modern apartment with an aura of timeless sophistication.

405 West 23rd Street in the London Terrace Towers is an iconic pre-war elevator coop with full-time doorman, an on-site resident manager, swimming pool, health club (with saunas & steam room), parking garage, roof deck, courtyard gardens, laundry, bike room, and storage. Gas, electric, pool, steam room, and sauna, are all included in the maintenance, while the gym and the parking garage are managed by a third party. Co-purchasing, gifting, and pied-a-terre are all allowed.

Subletting is allowed after one year of ownership. The 2% flip tax is split evenly between the buyer and the seller.

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Apartment Amenities

  • City View
Listing courtesy of Brown Harris Stevens Residential Sales 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

Other Apartments Available in this Building (3)

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