- Overview
- Description
- Property Details
- Location
- HOA Management
- Facts & Features
- Getting Around





Street View
$565,000
Monthly Est:$2,812
-- Bed
- 1 Bath
1 full bath
550sqft
405 W 23rd Street #5L, New York, NY 10011
$565,000
Get Pre-Approved
Apartment
Built in 1929
$1,770/mo HOA
-- sqft lot
$1,027/sq.ft
Description
Welcome to Residence 5L at 405 West 23rd Street-where prewar pedigree meets modern-day West Chelsea living, right at the corner of 9th Avenue in the iconic London Terrace Towers Co-op. THE BEST VALUE IN CHELSEA-yes, really! If you've been waiting for the right moment to claim an oversized alcove studio, this might just be it. Tucked at the end of a short hallway, this home offers something rare in the city: genuine privacy and a sense of calm. From the moment you enter, the details do the talking-beautifully restored steel entry door, original frames, classic radiator covers, and deep window sills to name a few. Built to last (as all g
Northern exposures-also known as "artists light"-pour in through three oversized casement windows, framing tranquil views of lush, ivy-draped walls and the interior garden.
The main living space (nearly 14' feet wide) is both generous and functional, featuring custom floor-to-ceiling built-ins-perfect for storage, display, or finally organizing that book collection you swear you'll reread.
The windowed galley kitchen pairs charm with practicality: stone countertops, quality appliances, and original steel-and-glass cabinetry (circa 1930) that feels equal parts vintage and timeless.
And the bathroom? Pure prewar character. Think classic black-and-white mosaic floors, subway-tiled walls, and a deep cast-iron soaking tub that invites you to unwind properly.
Whether you're searching for a intimate pied-à-terre or your very first West Chelsea home, Residence 5L is ready for its next chapter-yours. If Gotham had a Chelsea address, this might be it.
Building amenities (because lifestyle matters):
- 24-hour attended lobby
- Half Olympic-size indoor pool, steam rooms & saunas
- Landscaped roof deck with sweeping skyline, Hudson River, and New Jersey views
- Private fitness center managed by Urban Playground (separate charge)
- Pets welcome
- Unlimited subleasing after two years
London Terrace Towers boasts their own onsite Management office, Live-in Superintendent,+ bike rooms & storage lockers for lease.
You can Google the building's #1 Resident Broker and London Terrace Towers specialist for a VIP tour.
- Houzeo last checked: 12 hours ago
- Listing updated: June 10, 2026 at 11:01 pm
- Listing Provided by: Bruce W Solomon (917) 763-3472 | Douglas Elliman Real Estate (212) 891-7000
- Source: Rebny MLS-NY | MLS#: RLS20088475

This condo is in:
Property Details
Status
Active
Type
Condominium
No. of Stories
21
County
City
Neighborhood
Year Built
1929
HOA Fees
$1770/mo
Finished Area
550 sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
Rebny MLS
MLS Number
RLS20088475
Days on Market
183

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Location
HOA Management
N/A
HOA Fees
$1,770/ Monthly
Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: 1
Interior
Cooling
Other
Exterior Features
Building Roof Deck, Private Outdoor Space Over60sqft
Appliances
Washer Dryer Allowed
Interior Features
Dining Area, High Ceilings
Utilities & Energy
Pool Features
Building Indoor
Laundry Features
Building In Basement
Basement
Other
Other Features
Community Features
Sauna
Patio And Porch Features
None
Subdivision Name
Chelsea
Price History
| Date | Event | Price |
|---|---|---|
05/03/2026 Source: | Price Decreased | $565,000 -3.42% $1,027/sqft |
05/03/2026 Source: | Listed for Sale | $585,000 $1,064/sqft |
Chelsea Ranks # in New York, NY
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The real estate listing data marked with this icon comes from the IDX program of the RLS at REBNY Listing Service (RLS). Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS") through Nov 02, 2026, 02:15PM. Information deemed reliable but not guaranteed. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. 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. Buyer to verify all information. © 2026 The Real Estate Board of New York, Inc. All rights reserved.
Advertising Broker: Derek Greene | The Greene Realty Group

