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London Terrace Towers, 405 West 23rd Street - Chelsea
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405 West 23rd Street

London Terrace Towers,
405 West 23rd Street

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

  • Apartments For Sale (8)
  • For Rent (1)
  • Recent Sales (44)
  • All Units in Building (178)
Unit #
Beds
Baths
Size
Price / Ft2
Price
Listed on
Days on Market
Apt. 2L
(21 Photos)
Studio
1 bath
$599,000
Dec 9, 2024
2 days
Apt. 4E
(10 Photos)
1 bed
1 bath
900 ft2
$1,472
$1,325,000
Nov 6, 2024
35 days
Apt. 2D
(26 Photos)
1 bed
1 bath
$585,000
Oct 24, 2024
48 days
Apt. 16I
(7 Photos)
Studio
1 bath
$649,000
Oct 17, 2024
55 days
Apt. 3B
(8 Photos)
Studio
1 bath
$695,000 in contract
Sep 18, 2024
84 days
Apt. 17D
(30 Photos)
3 beds
4 baths
$7,500,000 in contract
Sep 9, 2024
93 days
Apt. PHA
(17 Photos)
2 beds
2 baths
$3,590,000 -10%
May 6, 2024
219 days
Apt. 8J
(11 Photos)
Studio
1 bath
$575,000 in contract
Mar 30, 2022
987 days
Unit #
Beds
Baths
Size
Price / Ft2
Price
Listed on
Days on Market
Unit #
Beds
Baths
Size
Closing Price
Price / Ft2
Asking Price
Sold on
Show More Closed Sales

Overview 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 5 apartments for sale at 405 West 23rd Street, ranging in price from $585,000 to $3,590,000. The most recent closing in the building was in December 2024 - a three bedroom that closed for $835,000.

During the past two years, 10 apartments have sold: the most expensive was a three bedroom that sold for $835,000, and the least expensive was a six plus bedroom that sold for $445,000.

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

Similar nearby buildings include 131 West 24th Street, 161 West 15th Street and 4 West 16th Street.

Year Built
1932
Apartments
178
Floors
18
Pets: Allowed
Neighborhood
Min Down
20%
178Apartments
View All Past
Sales & Rentals
in Building

Amenities

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

Shh... Many units sell without being publicly listed.

Learn more about off-market listings at London Terrace Towers!

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Nearby 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

Carter’s 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 Full Review

Pros & Cons

  • 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
  • Many apartments
  • No balconies

CityRealty Rating

29
/44
Architecture
+
28
/36
Location
+
20
/39
Features
+
9
Editor’s Points
=
86
CITYREALTY
RATING
  • How is the CityRealty Rating calculated?

    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

Broker & Buyer Comments

This "full-service" Chelsea co-op offers "resort-style" amenities including an "Olympic pool," steam room and "state-of-the-art" fitness center. The "serene" location provides easy access to the A,C,E trains while being "steps away" from Chelsea Piers and the "trendy" Highline. Building perks include a "verdant" roof deck and planted garden, making it a "peaceful oasis" in the heart of the city.

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