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London Terrace Towers, 405 West 23rd Street, #18C

$1,125,000 | Studio, 1 bath
View Full Building Profile  | 
91 days on Market

Key Details

  • Listed: Jan 29, 2024
    Days on Market: 91
    Building Type: Cooperative
    Neighborhood: Chelsea (Manhattan)
    Listing viewed 155 times
Monthly Maintenance: $2,768
Est. Monthly Mortgage: $6,213
Total Est. Monthly Carrying Cost: $8,981
Note: the above is based on a down payment of 20% ($225,000), which is the minimum amount permitted by the building.

Description

How do we begin to describe this authentic sun flooded 1930’s prewar residence that’s dripping with character and boasting sublime southern aerial views over West Chelsea’s historic district and beyond. Situated high up on the 18th floor of the 21-story tower of iconic London Terrace Towers is to be found a true gem of an apartment, renovated to perfection and thereby ensuring the utmost in comfort, tranquility, and luxurious living. Be warned you may just fall in love with this one-of-a-kind masterpiece!

Upon entering the gorgeous entry foyer, one is guided into a generous size great room with its extra high beamed ceiling, original wood burning fireplace with handsome mantle, oversize double pane casement style windows and solid oak plank-wood floors.

You’ll cherish the jaw dropping views of West Chelsea’s historic district, NYC skyline and view of the Statue of Liberty off in the distance.

At this level of the tower one can appreciate the impressive architectural stone embellishments, including limestone balustrades, stone corbels, and gothic style friezes.

A fully transformed open concept windowed kitchen is ideal for entertaining with its stone style breakfast bar providing a pleasant touch of sophistication and a terrific place to enjoy one’s favorite morning beverage or simply doubling as an ample work surface. The abundance of meal preparation surfaces will surely exceed the requirements of the most discerning chef in residence.

This fine home also features a mint condition circa 1930’s windowed prewar bathroom with a deep cast iron & porcelain soaking tub, subway tiled walls and signature style London Terrace black + white mosaic tile flooring. Many custom built-ins provide ample storage for one’s wardrobe in the adjacent dressing area.

The London Terrace Towers amenity package provides for use of; heat, hot water, gas, electric (sub metered), 1/2 Olympic size indoor heated pool, locker facilities, steam rooms + saunas. There is a 3k Sq. Ft., state of the art fitness center. In addition, a planted and teak furnished roof deck (w/ shower).

The indoor garage (not part of Co-op) is located on premises under the building, (separate fee applies). The bike room and storage compartments can be leased for a monthly fee. Subleasing allowed after one year. Call for details.

Please note: London Terrace Towers Co-op’s transfer fee equivalent to 2% of the purchase price, split 1% buyer/s and 1% seller/s.

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Apartment Amenities

  • City View

Listing Agent (Seller's Representative)

Listing courtesy of Douglas Elliman Real Estate

Pricing History

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About London Terrace Towers, 405 West 23rd Street

86

London Terrace Towers, 405 West 23rd Street has received a CityRealty Rating of 86, 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

29
Out of 44
+
28
Out of 36
+
20
Out of 39
+
9
=
86
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Distinguished 7 out of 8 points
Retail Quality:
Good 3 out of 5 points
Canopy Entrance:
No Canopy 1 out of 3 points
Alterations:
Well Done 1 out of 2 points
Plaza Or Atrium:
Exists 1 out of 3 points
Contextual Design:
No, but Very Good 3 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:
Corner 1 out of 2 points
Gargoyles:
Present 1 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:
Attractive / Pleasant 3 out of 5 points
Distance To Neighborhood Center:
Less than 30 blocks 3 out of 5 points
Views:
Dazzling 4 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:
3-5 Short Blocks 1 out of 2 points
Distance To Park:
3-6 Short Blocks 1 out of 2 points
Distance To Water:
Less than 3 Short Blocks 2 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:
Yes 1 out of 1 points
Maids Room:
Some 1 out of 1 points
Catering:
None 0 out of 1 points
Garage:
Yes 1 out of 1 points
Mixed Use:
Yes 1 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

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

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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

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