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A blog from CityRealty (Links below will take you to the 6sqft site)

London Terrace Towers, 405 West 23rd Street

Between Ninth Avenue & Tenth Avenue

Key Details

  • Year Built 1932
    Building Type Cooperative
    Neighborhood Chelsea
  • Total Apartments 178
    Total Floors 18
$2,194
Avg. Price / ft2
N/A
Avg. Price / ft2
$1,033
Avg. Price / ft2

Rating

29
Out of 44

Architecture Rating: 29 / 44

+
28
Out of 36

Location Rating: 28 / 36

+
20
Out of 39

Features Rating: 20 / 39

+
9
=
86

CityRealty Rating Reference

 
Architecture
  • 30+ remarkable
  • 20-29 distinguished
  • 11-19 average
  • < 11 below average
 
Location
  • 27+ remarkable
  • 18-26 distinguished
  • 9-17 average
  • < 9 below average
 
Features
  • 22+ remarkable
  • 16-21 distinguished
  • 9-15 average
  • < 9 below average
  • #8 Rated co-op - Downtown
  • #1 Rated co-op - Chelsea
 

Building Amenities

  • Concierge
  • Hi Rise
  • Pre War
  • Full Service Garage
  • Garden
  • Health Club
  • Pool
  • Roof Deck
  • Washer/Dryer in building
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Apartments for Sale at 405 West 23rd Street (3)

3
Available Apts
$500K - $4M
Price Range
$2,194
Avg. Price / ft2
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Apartments for Rent at 405 West 23rd Street (1)

1
Available Apts
$3,400
Prices Start At
N/A
Avg. Price / ft2
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Carter Horsley's Review

Carter Horsley's Building Review
"A famous row on 23rd Street of four-story townhouses with large front gardens known as London Terrace and a similar row of two-story townhouses on 24th Street known as Chelsea Cottages, both designed by Alexander Jackson Davis in 1845, were demolished to make way for this gargantuan, 1,670-unit, full-block apartment project, which was completed in 1930.
The history of the site is wonderfully described in a well-illustrated chapter in Andrew Alpern's superb book, "Luxury Apartment Houses of Manhattan An Illustrated History" (Dover Publications, 1992)." Read Carter's Full Review
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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More Neighborhood Info

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
 

Sales Summary - Past 12 Months

View By Apartment Sizes
Past 12 Months
$746,985
Avg. Price
Based on 8 Sales
 

Closing History - Last 10 sales

View All Closed Transactions
10
Units Sold
$520K - $1.1M
Price Range
$1,048
Avg. Price / ft2

Pricing Comparison of Similar Buildings

View Detailed Comparison

In The Neighborhood: What’s Available & Sales Stats

Not enough data available to generate chart.
  • 412 Available for Sale
  • $2,068 Avg. Price / Ft2
  • $3,854,324 Avg. Price
  • $2,300,000 Median Price
  1. Most Expensive 520 West 28th Street Apt PH3739 | $48,750,000
    Price / ft2 $4,384
  2. Least Expensive 451 West 22nd Street Apt 3F | $399,000
Not enough data available to generate chart.
  • 171 Available for Rent
  • $82 Avg. Price / Ft2
  • $9,707 Avg. Price
  • $6,000 Median Price
  1. Most Expensive Walker Tower Apt 18A | $60,000
    Price / ft2 $148
  2. Least Expensive 334 West 17th Street Apt BW | $1,995
    Price / ft2 $60
Data is based on sales from past 12 months and only transactions for which we have approximate square footage information available are included above
Not enough data available to generate chart.
  • 385 Total Sales
  • $1,577 Avg. Price / Ft2
  • $2,066,646 Avg. Price
  • $1,650,000 Median Price
  1. Most Expensive 508 West 24th Street Apt PHN | $10,700,000
    Price / ft2 $3,279
  2. Least Expensive Chelsea Gardens Apt P1DE | $153,500

Alternate Addresses

  • 215 Ninth Avenue
  • 217 Ninth Avenue
  • 219 Ninth Avenue
  • 221 Ninth Avenue
  • 223 Ninth Avenue
  • 225 Ninth Avenue
  • 400 West 24th Street
  • 401 West 23rd Street
  • 402 West 24th Street
  • 403 West 23rd Street
  • 404 West 24th Street
  • 406 West 24th Street
  • 407 West 23rd Street
  • 408 West 24th Street
  • 409 West 23rd Street
  • 410 West 24th Street
  • 411 West 23rd Street

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