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In Contract

London Terrace Towers, 465 West 23rd Street, #17B

$2,350,000 ($2,611 per ft2) | 1 bed, 1 bath | Approx. 900 ft2
Building Profile  | 
172 days on Market

Key Details

  • Listed: Jul 2, 2024
    Last Price Change: ($145,000) on Jul 16
    Days on Market: 172
    Building Type: Cooperative
    Neighborhood: Chelsea (Manhattan)
    Doorman: FT Doorman
    Listing viewed 341 times
Monthly Maintenance: $3,618 ($4.02/ft2)
Est. Monthly Mortgage: $12,482
Total Est. Monthly Carrying Cost: $16,100 ($17.89/ft2)
Note: the above is based on a down payment of 20% ($470,000), which is the minimum amount permitted by the building.

Description

PRICE DROP, MOTIVATED SELLER

Welcome to 465 West 23rd Street Apt 17B, which is a one of a kind corner one bedroom apt with a spectacular south/west facing wrap terrace in the historic London Terrace Towers located in the far west Chelsea gallery district. This exquisite apartment is on the market for the first time in 30 years and offers a rare opportunity to own a piece of New York City’s architectural history while indulging in modern amenities and breathtaking views.

The remarkable corner unit features a very large living room and oversized bedroom both alongside a sprawling terrace. With south, east, and west exposures, it offers an abundance of natural light, fresh air and panoramic protected city views.

The apartment boasts a windowed kitchen, hardwood floors, high beamed ceilings, original steel-framed doorways, and central a/c (possible).

Constructed in 1930, London Terrace Towers is an impeccably-run coop staffed 24 hours a day with door attendants, porters, service personnel, live-in resident manager and on-site management office. Amenities include complimentary access to the famed half Olympic-sized indoor heated swimming pool, sauna, steam and locker rooms. For a nominal fee, residents enjoy the state-of-the-art 3000 sf gym managed by URBN Playground.

The common roof terrace is beautifully landscaped and furnished with WIFI and an outdoor shower and boasts views of the Hudson River and Hudson Yards. Residents have use of the newly renovated large common laundry facilities; private storage; bike room; and access to an indoor parking garage (independently operated). The property is wired for both FiOS and Spectrum.

This coop allows Pied-a-Terre, Guarantors, Gifting, Co-purchasing and Subletting allowed after 1 year of ownership (all with board approval). 80% financing permitted. 2% Flip Tax, split evenly between buyer and seller. The monthly maintenance includes the pool, steam, sauna and locker rooms, heat, hot water and gas, very low electric (sub-metered).

This is a pet-friendly building.

Situated in the midst of the vibrant Chelsea neighborhood, this residence offers unparalleled access to New York City’s finest attractions such as the High Line, Hudson Yards, Chelsea Piers, Little Island, Hudson River Park, and Chelsea Market. Photos and renderings are virtually staged.

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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, 465 West 23rd Street

82

London Terrace Towers, 465 West 23rd Street has received a CityRealty Rating of 82, 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

30
Out of 44
+
26
Out of 36
+
17
Out of 39
+
9
=
82
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Distinguished 7 out of 8 points
Retail Quality:
Attractive 4 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
Yes and Good 2 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:
Free Standing 2 out of 2 points
Gargoyles:
None 0 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:
Very Attractive with Trees 4 out of 5 points
Distance To Neighborhood Center:
Less than 40 blocks 2 out of 5 points
Views:
Impressive 3 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:
Less than 3 Short Blocks 2 out of 2 points
Distance To Park:
More than 6 Short Blocks 0 out of 2 points
Distance To Water:
3-6 Short Blocks 1 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:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
Yes 1 out of 1 points
Mixed Use:
No 0 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

  • Conversion Year: 1986
  • FT Doorman
  • High-Rise
  • Pre War
  • Garden
  • Health Club
  • Pool
  • Rooftop Terrace
  • Washer/Dryer in building
  • Elevator

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Pros
  • Roof deck
  • Garage
  • Large courtyard
  • Close to Chelsea art galleries
  • Close to Chelsea restaurants
  • Close to Chelsea Piers
  • Health club with swimming pool
  • Sidewalk landscaping
  • Concierge
Cons
  • Many apartments
  • No balconies
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Subways

  1. C
  2. E
at 8th Ave and 25th 0.26 miles
  1. 1
at 7th Ave 0.43 miles
  1. A
  2. L
at 8th Ave and 16th 0.45 miles

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