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The Arcadia, 240 West 23rd Street, #PHC

$2,850,000 ($1,676 per ft2) | 3 beds, 2 baths | Approx. 1,700 ft2
View Full Building Profile  | 
47 days on Market

Key Details

  • Listed: Mar 18, 2024
    Days on Market: 47
    Building Type: Cooperative
    Neighborhood: Chelsea (Manhattan)
    Listing viewed 128 times
Monthly Maintenance: $4,291 ($2.52/ft2)
Est. Monthly Mortgage: $15,771
Total Est. Monthly Carrying Cost: $20,062 ($11.80/ft2)
Note: the above is based on a down payment of 20% ($570,000), which is the minimum amount permitted by the building.

Open house:

  • The afternoon of Sunday, May 5
By appointment only.

Insider Highlights

  • Prime Location and Amenities: This pet-friendly triplex is located in the prime Chelsea neighborhood, close to multiple subway lines, Whole Foods, Trader Joe’s, and various dining and fitness options. The building, designed by renowned architect C.P.H. Gilbert, features a striking façade with gold ram’s head carvings and amenities such as a key-lock elevator, full-time super, laundry room, bike and individual storage units, and a rooftop terrace.
  • Unique Layout and Design: The property boasts a unique triplex layout with separate floors for work, sleep, and living areas. The oversized living room provides direct access to a 410 sq ft terrace, and the two bedrooms come with private balconies and lofted beds.
  • High-End Kitchen and Bath: The open-concept kitchen is equipped with granite countertops and stainless steel appliances. The primary suite features picture windows, custom-built walk-in closets, and an en-suite bath with white Carrera marble and a glass enclosed shower.
  • Outdoor Space: The terrace offers unobstructed views of Chelsea and is suitable for socializing and gardening. The building also has a rooftop terrace for residents to enjoy.
  • Convenience Features: The unit comes with an in-unit washer and dryer, a cleverly designed pet feeding station, and ample natural light from southern exposures. The building also offers a laundry room and bike room for added convenience.
  • Co-op and Pre-War Charm: The building is a co-op, offering potential financial benefits for owners. It is also a pre-war building, adding a touch of historical charm to the property.

Description

PHC offers a serene environment, both indoors and out. Facing South over 22nd Street, the ambiance is notably peaceful. As a triplex, this truly is a top floor ’house’.

With separate floors facilitating distinct work, sleep, and living areas, productivity and relaxation seamlessly coexist throughout the day. The first floor features the open-concept kitchen with granite countertops, stainless steel appliances, a wine fridge, and a cleverly designed pet feeding station with a water faucet! A stacked washer & dryer, separate den, spacious dining area, full bathroom, two bedrooms with private balconies and lofted beds complete the first floor.

The loft space is a favorite among guests, providing a comfortable retreat with proper privacy and separation, ensuring an enjoyable stay for family and friends. Thanks to multiple entrances guests can go directly to the second floor into the oversized living room. Walking out onto the main 410 sq ft terrace provides a stunning backdrop of Chelsea, offering unobstructed views and plenty of room for outdoor furniture and socializing. Whether it’s building snowmen in the winter or cultivating apple trees and vegetables during the warmer months, the terrace is a versatile oasis. Nature enthusiasts will appreciate the dose of wildlife that frequents the terrace, including mourning doves, blue jays, and robins, adding a touch of natural beauty to everyday life.

The top floor is reserved exclusively for the primary suite with a row of picture windows framing the unobstructed views, 2 custom-built walk-in closets, and an en-suite bath outfitted with white Carrera marble and a glass enclosed shower. This location is ideal for your everyday essentials, from subways to wellness. Within a block you’ll find multiple subway lines (1, C, E, F, M) and both Whole Foods and Trader Joe’s. Indulge in excellent dining options including Portale, Maki Kosaka, Cote Korean Steakhouse, Tacos Güey, and Chelsea Diner.

Catering to your fitness regimen, recharge your body and mind at Bathhouse Flatiron, Rumble, Life Time, Equinox, Orangetheory, F45, Barry’s, and Solidcore. Or take a leisurely stroll to enjoy the nearby Highline, Madison Square Park, and Hudson River Greenway. The Arcadia is a discrete building with key-lock elevator and only 21 units. Designed by renowned architect C.P.H. Gilbert in 1899, it boasts a striking façade with gold ram’s head carvings.

Amenities include a video mobile-friendly intercom system, key-lock elevator, full-time super, laundry room, bike and individual storage units included with each apartment. Buyer’s flip tax is equal to two months maintenance towards the coop’s reserve fund.

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Apartment Amenities

  • Terrace
  • Washer/Dryer in apt.
Listing courtesy of Compass

Pricing History

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About The Arcadia, 240 West 23rd Street

61

The Arcadia, 240 West 23rd Street has received a CityRealty Rating of 61, 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

18
Out of 44
+
23
Out of 36
+
12
Out of 39
+
8
=
61
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Attractive 5 out of 8 points
Retail Quality:
Attractive 4 out of 5 points
Canopy Entrance:
No Canopy 1 out of 3 points
Alterations:
Well Done 1 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
No, but OK 1 out of 3 points
Skyline:
Exists 1 out of 2 points
Local Visibility:
Partially Visible 1 out of 2 points
Watertank:
Enclosed 1 out of 2 points
Airconditioners:
Allowed and Present 0 out of 2 points
Free Standing:
No 0 out of 2 points
Gargoyles:
Distinctive 2 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unrelated Base 0 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:
Average Mix 2 out of 5 points
Distance To Neighborhood Center:
Less than 10 blocks 5 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Attractive 2 out of 3 points
Traffic Noise:
A lot 0 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
Less than 3 Short Blocks 2 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
Less than 3 Short Blocks 2 out of 2 points
Distance To Park:
3-6 Short Blocks 1 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 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:
3-4 3 out of 5 points
Ceiling:
8-9 Feet 1 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Considerable 2 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
None 0 out of 1 points
Concierge:
None 0 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
Yes 1 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
No 0 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:
Some 1 out of 2 points

Building Amenities

  • Pre War
  • Resident Storage
  • Intercom
  • Elevator
  • Rooftop Terrace
  • Laundry Room
  • Bike Room

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Pros
  • Prime Chelsea location
  • Roof deck
  • Close to many restaurants
  • Excellent public transportation
  • Laundry room
  • Fine gilded facade faces
  • Close to Subway
Cons
  • No doorman
  • No balconies
  • No sidewalk landscaping
  • No concierge
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Subways

  1. 1
at 7th Ave 0.09 miles
  1. C
  2. E
at 8th Ave and 25th 0.10 miles
  1. M
  2. F
at 6th Ave 0.26 miles
  1. A
  2. L
at 8th Ave and 16th 0.34 miles
  1. 2
  2. 3
at 6th Ave and 16th 0.44 miles
  1. N
  2. R
at Broadway 0.46 miles

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