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London Terrace Towers, 405 West 23rd Street, #8J

$575,000 | Studio, 1 bath
Building Profile  | 
970 days on Market

Key Details

  • Listed: Mar 30, 2022
    Days on Market: 970
    Building Type: Cooperative
    Neighborhood: Chelsea (Manhattan)
    Listing viewed 510 times
Monthly Maintenance: $1,487
Est. Monthly Mortgage: $3,070
Total Est. Monthly Carrying Cost: $4,557
Note: the above is based on a down payment of 20% ($115,000), which is the minimum amount permitted by the building.

Description

Nestled in the heart of Chelsea at London Terrace Towers which is one of the most iconic and distinguished co-op buildings in all of Manhattan. Apartment 8J is a sophisticated south-facing prewar gem. While sun floods through double-paned casement style windows you will find gray-washed hardwood flooring throughout and a living room with more than enough space for entertaining and hosting guests.

Just off the entry, there is a enormous walk in closet/dressing area which was also custom fitted by California Closets and is connected to the bathroom. In the bathroom, you will be treated with a 1930s cast iron tub, mosaic tiled black & white flooring and subway tiled walls. The alcove area is being used as an interior sleeping space and has the capability of being privately closed off with custom pocket doors.

The alcove area is also fitted with additional storage and closet space built in. The separate windowed kitchen features full-sized appliances and ample cabinetry. Pets, co-purchasing, gifting, and pied-a-terre’s are all allowed as well as unlimited subleasing after just one year of ownership.

The monthly maintenance includes utilities such as electricity, heat, hot water and gas. London Terrace Towers amenities include a 24-hour concierge in a beautifully appointed lobby, a 3,000 sq.ft. state-of-the-art fitness center, 1/2 Olympic size indoor heated pool, men and women’s locker facilities, steam rooms and saunas, a fully furnished roof deck, and stunning views of some of the most recognizable NYC buildings, New Jersey skyline, and the Hudson River.

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Listing courtesy of Douglas Elliman Real Estate

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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