405 W 23rd Street # PHA
Manhattan, NY, 10011 $ 3,990,000
Bedrooms2 Baths2.0 Sq 950,200 Monthly Estimate*
$ 26,519
for $3,990,000 with 2 bedrooms and 2 full baths. This 950,200 square foot home was built in 1930.
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.
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FeaturesGeneralInterior Features EntranceFoyer Elevator KitchenWindow Storage
Appliances Dishwasher
Exterior Features Balcony BuildingBalcony
Zoning R8A
HOA 6313.0
Garage Spaces 0.0
Patio/Porch Features BuildingTerrace Terrace Balcony
Architectural Style Prewar
Pool Features Indoor
Pets Allowed BuildingYes Yes
Year Built 1930
View City Water
Unit Number PHA
Property SubType Apartment
Building Name London Terrace Gardens
Assoc Fee Paid Per Monthly
County NewYork
New Construction No
Property Type Residential
Subdivision Name Chelsea
Garage Y/N Yes
Other Structures Garages
Total Rooms 5
City NewYorkCity
View Y/N Yes
Total Units 921
Street Name 23rd
Tax Annual Amount 0.0
Structure Type None
Standard Status Active
Tax Lot 0007
Property Sub Type Additional Apartment
Expected Active Date 2024-05-06
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InteriorFlooring Hardwood
Furnished Y/N Unfurnished
Total Fireplaces 1
Fireplace Features WoodBurning
Total Stories 19
Fireplace Y/N Yes
Full Baths 2
Half Baths 0
Street Suffix Street
Laundry Features CommonOnFloor CommonArea LaundryRoom InUnit
Total Bedrooms 2
Total Baths 2
Living Area Units SquareFeet
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ExteriorLot Size Area 108625.0
Spa No
Building Area Total 950200.0
Lot Dimensions 550.0 x 197.5
Lot Size Units SquareFeet
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* Excluded FeaturesList BySandra CohenListing Agent
Sothebys International RealtyBroker
Affordability Calculator
- Monthly Principal & Interest
- $26,519
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCo-op listings in Manhattan, NY
Average List Price $2,131,460
Percent of Sale Price 47%
About Manhattan, NY 1,662,179 Population
8% Since 2002
$ 86,055 Median Income
39.14 Median Age
16% Households with Children
Trends Information provided by ATTOM Data Solutions.
1503813 Elementary School
1503814 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
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5/6/2024 | $3,990,000 | | Listed Price |