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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
    Pets Allowed
Avg. Price / ft2
N/A
Avg. Price / ft2
Avg. Price / ft2

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 (7)

7
Available Apts
$526K - $1.5M
Price Range
$1,451
Avg. Price / ft2
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Apartments for Rent at 405 West 23rd Street (2)

2
Available Apts
$3,850
Prices Start At
N/A
Avg. Price / ft2
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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
 

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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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
$607,755
Avg. Price
Based on 15 Sales
 

Closing History - Last 10 sales

10
Units Sold
$468.8K - $995K
Price Range
$1,146
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.
  • 650 Available for Sale
  • $2,148 Avg. Price / Ft2
  • $3,459,969 Avg. Price
  • $2,225,000 Median Price
  1. Most Expensive 551W21 Apt PH | $49,995,000
    Price / ft2 $7,814
  2. Least Expensive 408 West 25th street Apt 4FE | $299,000
Not enough data available to generate chart.
  • 71 Available for Rent
  • $83 Avg. Price / Ft2
  • $10,109 Avg. Price
  • $7,950 Median Price
  1. Most Expensive 31 West 21st Street Apt 3 | $30,000
    Price / ft2 $76
  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.
  • 540 Total Sales
  • $1,611 Avg. Price / Ft2
  • $2,413,169 Avg. Price
  • $1,900,000 Median Price
  1. Most Expensive Walker Tower Apt 15B | $21,000,000
    Price / ft2 $4,423
  2. Least Expensive The Hamilton Apt 4A | $380,000

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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For More Information
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