--- title: "240 West 23rd Street #3/4C, New York City, NY 10011" description: "240 West 23rd Street #3/4C, New York City, NY 10011 — Chelsea, New York City, NY. Listing Price $2,750,000. 3 bed, 3 bath, 2,000 sqft Illustrative Buyer Commission Share of $41,250 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/240-west-23rd-street-4c-34C-ny-10011" source: "Real Estate Rebate Team" status: "Active" --- # 240 West 23rd Street #3/4C, New York City, NY 10011 Chelsea, New York City, NY Courtesy of Compass ## At a Glance - **Listing Price**: $2,750,000 - **Beds**: 3 - **Total Baths**: 3 - **Sqft**: 2,000 - **Common Charges**: $3,972 / mo - **Price per Sqft**: $1,375 - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $2,750,000 - **Illustrative Buyer Commission Share**: -$41,250* - **Illustrative Net Cost**: $2,708,750 *Illustrative Buyer Savings of $41,250 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (10) ![240 West 23rd Street #3/4C, New York City, NY 10011 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d6660ba8-f639-4654-b588-10c5b5d003e6.jpg) ![240 West 23rd Street #3/4C, New York City, NY 10011 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9bc7c839-580d-4dcd-8e36-642e98714007.jpg) ![240 West 23rd Street #3/4C, New York City, NY 10011 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1f10093e-b560-4417-a41f-66e199aa6747.jpg) ![240 West 23rd Street #3/4C, New York City, NY 10011 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/34cbc943-182a-45f3-be56-a8227ba4d82c.jpg) ![240 West 23rd Street #3/4C, New York City, NY 10011 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1c59063c-f178-4c6c-883f-0e2aa136e08d.jpg) ![240 West 23rd Street #3/4C, New York City, NY 10011 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1ada0dca-dbf7-4939-82b6-a1876339fe6e.jpg) ![240 West 23rd Street #3/4C, New York City, NY 10011 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a43d166b-e093-488e-adca-fdcd3647121b.jpg) ![240 West 23rd Street #3/4C, New York City, NY 10011 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/cb5267dc-d561-48c3-b9f7-202affdf9c0f.jpg) ![240 West 23rd Street #3/4C, New York City, NY 10011 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d1f7055a-5fc6-4004-b6ad-c32f8aec5bbb.jpg) ![240 West 23rd Street #3/4C, New York City, NY 10011 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/181b50fb-e6ca-41e8-af71-31a4265f6d27.jpg) ## Property Overview Welcome to Residence 3/4C at The Arcadia, a rare duplex co-op blending classic Chelsea charm with thoughtful modern updates in a boutique prewar building. Spanning two beautifully laid out levels, this 3-bedroom, 2.5-bathroom home offers generous proportions, architectural character, and exceptional functionality in the heart of Chelsea. Enter through a dramatic arched foyer that opens into an expansive entertaining space featuring exposed brick and custom built-in bookshelves that bring warmth and texture to the oversized living room. The open kitchen is designed for both everyday living and entertaining, anchored by a distinctive circular island and outfitted with a dishwasher and abundant prep space. The adjacent dining area flows seamlessly into the living room, creating an inviting layout ideal for hosting. An elegant spiral staircase in the foyer leads upstairs to the private bedroom level above. Upstairs, all three bedrooms are thoughtfully separated from the main level. The spacious primary suite includes a walk-in closet with an in-unit washer/dryer for added convenience, while the additional bedrooms offer flexibility for guests, home offices, or growing needs. Two full baths upstairs and a powder room on the main level complete the home. Originally constructed in 1899, The Arcadia is an intimate, well-maintained cooperative comprised of just 21 residences. Amenities include a key-locked elevator, app-based video intercom system, full-time superintendent, laundry room, private storage and bike storage, plus a beautifully furnished common roof deck. Perfectly positioned at 240 West 23rd Street, residents enjoy immediate access to the best of Chelsea’s dining, shopping, galleries, and transportation. ## Property Details - **Property Type**: Co-op - **Beds**: 3 - **Total Baths**: 3 - **Rooms**: 6 - **Sqft**: 2,000 sqft - **Stories**: 7 - **Year Built**: 1920 - **Price per Sqft**: $1,375 - **Common Charges**: $3,972 / Monthly - **Listed On**: May 28, 2026 - **Days on Market**: 108 Days ### Residence Features - Central Air - Central - Building Washer Dryer Install Allowed - Common On Floor - Common Area - Building Roof Deck - Built-in Features - Kitchen Island - Dishwasher - Hardwood ## Sales Evidence ### Recent closed sales 6 apartments at The Arcadia have recorded sales since September 2021, the most recent for $2,495,000 in June 2026. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | PH7C (Apartment) | 3 | 1,700 | $2,495,000 | $1,468/ft² | June 16, 2026 | City record · MLS | | 5A (Apartment) | 2 | 1,200 | $1,315,000 | $1,096/ft² | May 19, 2025 | City record · MLS | | PH7B (Triplex) | 2 | — | $2,249,000 | — | November 4, 2024 | City record · MLS | | 6C (Apartment) | 2 | 915 | $1,250,000 | $1,366/ft² | April 30, 2024 | City record · MLS | | 3/4B (Apartment) | 2 | — | $1,722,600 | — | February 18, 2022 | City record · MLS | | 4A (Apartment) | — | — | $1,477,000 | — | January 7, 2022 | City record | Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below. ### How this price compares The median closed price for comparable co-op three-bedroom sales in Chelsea is $2,495,000, based on 17 sales between September 2024 and June 2026. This home is asking $2,750,000, $255,000 above that median. The middle half of those sales closed between $2,195,000 and $3,125,000. - **Median closed price**: $2,495,000 - **Middle half**: $2,195,000 – $3,125,000 - **Based on**: 17 co-op three-bedroom sales in Chelsea - **Period**: September 2024 – June 2026 Square footage is recorded for only 7 of these 17 sales (41%), so no price per square foot is shown for this group. Co-op sales rarely carry a floor area, and a figure drawn from a handful of them would not describe the rest. Across the 15 of these sales with a published asking price, the median closed at 96% of what it originally asked. 67% of them closed below the original ask. This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Chelsea instead. ### How these sales were negotiated - **Sold vs original ask**: 96% of the original ask - **Closed below ask**: 67% of 15 sales - **Listed → in contract**: 110 days (about 16 weeks) - **In contract → closed**: 87 days (about 12 weeks) Across the 15 of these sales with a published asking price, the median closed at 96% of what it originally asked. 67% of them closed below the original ask. Half of these homes were in contract within 110 days (about 16 weeks) of coming to market, based on the 16 with a recorded listing date. Once a deal was agreed, closing took a further 87 days (about 12 weeks), based on the 16 with both dates recorded. A co-op board package and its interview account for much of that. These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure. Based on 17 co-op three-bedroom sales in Chelsea, September 2024 – June 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ. Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. [See every recorded sale at The Arcadia](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-arcadia) ## Price and Property History for 240 West 23rd Street, Unit 3/4C Review the recorded listing activity for 240 West 23rd Street, Unit 3/4C, including asking-price changes and prior market dates. - **Latest price change**: Reduced by $225,000, or 7.6%, on August 18, 2026 - **Originally listed**: May 27, 2026 at $2,975,000 - **Current asking price**: $2,750,000 | Date | Price | Listing event | | --- | --- | --- | | August 18, 2026 | $2,750,000 | Asking price reduced by $225,000, or 7.6% | | May 27, 2026 | $2,975,000 | Listed for sale by Compass | ## Property Taxes This apartment is part of a co-op that is taxed as one lot shared across 18 apartments. The corporation’s 2026 property tax bill was $362,475 for the whole building. Shareholders cover it through their monthly maintenance rather than a separate bill for this unit. [See the full property tax history for The Arcadia](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-arcadia) [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### The Arcadia Chelsea · Stock Cooperative 240 West 23rd Street, New York, NY 10011 A building in Chelsea, currently featuring 1 active listing. - **Year Built**: 1920 - **Total Units**: 1 - **Floors**: 7 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-arcadia) ### Available Residences — For Sale (1) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [3/4C](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/240-west-23rd-street-4c-34C-ny-10011) | 3 | 3 | 2,000 sqft | $1,375 | $2,750,000 (-7.6%) | Compass | May 28, 2026 | 107 days | ## Estimated Monthly Payment **$17,877 / month**, assuming a 20% down payment ($550,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $13,905 - **Common Charges**: $3,972 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Potential NYC Second-Home Tax This property may be subject to New York City’s non-primary residence surcharge if it is not used as a qualifying primary residence. The surcharge is based on the NYC Department of Finance market value, not the listing price. [Estimate the Potential Surcharge](https://realestaterebatesnewyork.com/calculators/nyc-second-home-tax-calculator) ## Chelsea Art Galleries & High Line Living [Explore Chelsea](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/chelsea) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Chelsea - [Flatiron District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/flatiron-district) - [West Village real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/west-village) - [Greenwich Village real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/greenwich-village) - [Gramercy real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/gramercy) - [Hells Kitchen real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/hells-kitchen) - [Theater District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/theater-district) ## Related Links - [The Arcadia — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-arcadia) - [Chelsea neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/chelsea) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. > All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.