405 West 23rd Street, Unit PHA

405 West 23rd Street, Unit PHA

London Terrace Towers
Chelsea

$3,990,000
Price
2
Beds
2
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

Nestled on the top floor of the iconic London Terrace Towers, PHA presents an extraordinary opportunity to own a coveted residence in the heart of Chelsea. With its soaring 10-foot ceilings and 4 terraces, this exceptional renovated unit offers breathtaking 360-degree views that bathe the space in natural light, creating an unparalleled living experience. Entering the foyer your first view is of the grand scaled living room living wrapped in 7’ windows, accenting the full-length terrace. Relax or...Nestled on the top floor of the iconic London Terrace Towers, PHA presents an extraordinary opportunity to own a coveted residence in the heart of Chelsea. With its soaring 10-foot ceilings and 4 terraces, this exceptional renovated unit offers breathtaking 360-degree views that bathe the space in natural light, creating an unparalleled living experience. Entering the foyer your first view is of the grand scaled living room living wrapped in 7’ windows, accenting the full-length terrace. Relax or entertain looking at the large wood-burning fireplace with stone facade and handsome mantel in this spectacular room. The adjacent dining room invites you to the south terrace with views all the way to the Statue of Liberty, which can also be enjoyed while cooking in the newly renovated kitchen. Heading to the north side of the apartment through an oval shape corridor, you will encounter the new renovated guest bath, and the hallway leading to the bedrooms with access to 2 additional terraces. With City lights to the right and views of the London Terrace pristine gardens and block long historic structures, highlighting 10 water towers to the left, the piece de resistance is an unparalleled view of Hudson Yards. Inside, the room is graced with an abundance of extra-tall closets. From the primary bedroom, you’ll find another iconic city view of the Empire State Building. The ensuite bathroom has also been renovated. The monthly maintenance fee includes heat, hot water, gas, and electricity. London Terrace Towers is composed of four corner buildings occupying both Ninth and Tenth Avenues between West 23rd and West 24th Streets in the heart of West Chelsea. An impressive array of building amenities includes full-time lobby attendants, a half Olympic-sized heated indoor pool, private health club which offers professional training services, steam rooms, saunas, roof deck with outdoor shower, bike rooms, laundry facilities, and basement storage (subject to availability). A prime Chelsea location puts residents near the Hudson River Park, High Line Park and Chelsea Piers recreation center. It is convenient to the neighborhood's seemingly endless collection of restaurants, clubs, and art galleries, and has made London Terrace Towers a premier choice for downtown living. Originally completed in 1930, the Towers became a co-operative corporation in 1988. (The buildings in the middle of the block remained as rental apartments and became known as London Terrace Gardens, which is a separate and independent building.) London Terrace Towers cooperative allows guarantors and co-purchasing, 80% financing, and is pet friendly. Unlimited subletting subject to board approval and fee is allowed after 1 full year of ownership. Flip Tax: 1% Seller; 1% Buyer.

Property Details for 405 West 23rd Street, Unit PHA

Zoning
R8A
View
City, Water, Skyline
Architectural Style
Prewar

Location

Listing Courtesy of Sothebys International Realty
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LISTING UPDATED: 05/06/2024 04:10 PM

Property Details for 405 West 23rd Street, Unit PHA

StatusActive
MLS IDPRCH-8355346
Days on Market12
Taxes-
Maintenance$6,313 / month
Min. Down Pymt20%
Total Rooms5.0
Compass TypeCo-op
MLS TypeCo-op
Year Built1930
CountyNew York County

Building

London Terrace Towers

275 Units19 StoriesBuilt in 1930

Location

Listing Courtesy of Sothebys International Realty
Add your commute

Building Information for 405 West 23rd Street, Unit PHA

Building/ComplexLondon Terrace TowersFloor-Stories19Residences275Pet PolicyAllowedYear Built1930Building AgePre-warBuilding TypeMidrise

Payment Calculator

$28,088 per month

30 year fixed, 7.25% Interest

Principal and Interest

$21,775

Property Taxes

$0

Maintenance/Common Charges

$6,313

The Payment Calculator is for illustrative purposes only.

Property Information for 405 West 23rd Street, Unit PHA

Summary
Location and General Information
  • Subdivision Name: Chelsea
  • Stories Total: 19
  • Exposures: East, West, North, South
  • Garage Spaces: 0.0
Taxes and HOA
  • Tax Lot: 0007
  • Tax Block: 00721
  • Flip Tax Type: Percent
  • Association Fee Frequency: Monthly
  • Flip Tax: $2
  • Building Tax Lot: 0007
  • Tax Abatement YN: false
Parking
  • Garage: Yes
  • Garage Spaces Assigned YN: false
Property
Lot Information
  • Building Area Total: 950200.0
  • Lot Size Dimensions: 550.0 x 197.5
  • Living Area Units: SquareFeet
  • Building Name: London Terrace Gardens
Building Information
  • Building Exterior Features: Balcony
  • Building Laundry Features: InUnit, CommonArea, OnCommonFloor
  • Building Patio And Porch Features: Terrace
  • Building Pets Allowed: BuildingYes
Property and Assessments
  • New Development: No
  • Building Rules: PiedATerreAllowed
  • Sponsor Unit: No
  • Certificate Of Occupancy: No
  • Common Interest: StockCooperative
  • Number Of Shares: 1806
  • New Construction: No
  • Structure Type: None
Interior and Exterior Features
Exterior Features
  • Exterior Features: Balcony
  • Pool Features: Indoor
  • Other Structures: Garages
  • Patio And Porch Features: Terrace
  • Spa: No
Interior Features
  • Entry Level: 20
  • Appliances: Dishwasher
  • Fireplace Features: WoodBurning
  • Fireplaces Total: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • Furnished: Unfurnished
  • Interior Features: EntranceFoyer, WindowedKitchen, Elevator, Storage
  • Laundry Features: InUnit, LaundryRoom, OnCommonFloor
  • Room Type: Gym
  • ElevatorsTotal: 1
Multi Family
Multi-Family Information
  • Number Of Units Total: 921
Rental
Rental Information
  • Pets Allowed: UnitYes
  • Attendance Type: DoormanYes, DoormanFullTime
  • Owner Pays: None
  • Owner Pays Remarks: Call Listing Agent
  • Renting Allowed: Yes

Property History for 405 West 23rd Street, Unit PHA

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 405 West 23rd Street, Unit PHA

Taxable ValueLand-Additions-Total-
Home Facts
APN1007211062

Schools near 405 West 23rd Street, Unit PHA

This home is within New York City Geographic District # 2.
Rating
School
Type
Grades
Distance
P.S. 33 Chelsea Prep
Public - PK to 5
Middle 297
Public - 6 to 8
Lower Manhattan Community Middle School
Public - 6 to 8
Nyc Lab Ms For Collaborative Studies
Public - 6 to 8
Rating
School
Distance
P.S. 33 Chelsea Prep
PublicPK to 5

Middle 297
Public6 to 8

Lower Manhattan Community Middle School
Public6 to 8

Nyc Lab Ms For Collaborative Studies
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 405 West 23rd Street, Unit PHA, Chelsea

405 West 23rd Street, Unit PHA is a co-op for sale in Chelsea. This property was listed for sale on May 6, 2024 by Sothebys International Realty, it's currently listed at $3,990,000. It has been on the market for a total of 12 days and was last sold on September 10, 2019. This listing's school district is New York City Geographic District # 2. Nearby schools include P.S. 33 Chelsea Prep, Middle 297 and Lower Manhattan Community Middle School. 405 West 23rd Street, Unit PHA is a 2-bed, 2-bath, co-op built in 1930.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Sothebys International Realty

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.