London Terrace Towers, 405 West 23rd Street

Co-op located in Chelsea, between Ninth Avenue & Tenth Avenue

Description of London Terrace Towers at 405 West 23rd Street

405 West 23rd Street was built in 1932 and has a total of 178 apartments. Located in Chelsea, London Terrace Towers is very close to the C and E subway lines.

There are currently 2 apartments for sale at 405 West 23rd Street, ranging in price from $599,000 to $675,000. The most recent closing in the building was in December 2022 - a six plus bedroom that closed for $675,000.

During the past two years, 31 apartments have sold: the most expensive was a three bedroom that sold for $2,575,000, and the least expensive was a six plus bedroom that sold for $450,000.

Amenities at this pet friendly pre war building include pool, health club, rooftop terrace and full service garage.

Similar nearby buildings include 24 Fifth Avenue and 250 Mercer Street.

Building Facts

Year Built: 1932

Building Type: Co-op

Neighborhood: Chelsea (Manhattan)

Minimum Down: 20%
Total Apartments: 178 178

Total Floors: 18

Pets: Allowed

Total Floorplans:

Apartment Pricing Stats

$1,365

Avg. Price / ft²

Recent Sales (12)

Building Amenities

Concierge
High-Rise
Pre War
Full Service Garage
Garden
Health Club
Pool
Rooftop Terrace
Washer/Dryer in building

Apartments for Sale at 405 West 23rd Street (2) View history of all units

Available Apts

$599K - $675K

Price Range

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London Terrace Towers: Rating

Out of 44

Out of 36

Out of 39

#7 Rated co-op - Downtown
#1 Rated co-op - Chelsea

Carter Horsley's Review of London Terrace Towers

"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

Broker & Buyer Comments

"Olympic pool, steam and sauna room (included in maintenance) Garage, full gym, planted garden and roof deck Standard Co-op Board. Quiet Chelsea location. Near cross town bus, A,C,E. Close to Chelsea Piers and the upcoming Highline"

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