---
title: "405 West 23rd Street #7-C, New York City, NY 10011"
description: "405 West 23rd Street #7-C, New York City, NY 10011 — Townhouse in Chelsea, Manhattan, NY. Listing Price $600,000. In contract 7/25/2026. Studio bed, 1 bath Illustrative Buyer Commission Share of $9,000 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/405-west-23rd-street--c-7C-ny-10011"
source: "Real Estate Rebate Team"
status: "Pending"
---

# 405 West 23rd Street #7-C, New York City, NY 10011

Townhouse in Chelsea, Manhattan, NY

Courtesy of R New York

## At a Glance

- **Listing Price**: $600,000
- **Status**: In contract 7/25/2026
  In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion.
- **Beds**: Studio
- **Baths**: 1
- **Common Charges**: $1,694 / mo
- **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**: $600,000
- **Illustrative Buyer Commission Share**: -$9,000*
- **Illustrative Net Cost**: $591,000

*Illustrative Buyer Savings of $9,000 — 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)

![405 West 23rd Street #7-C, New York City, NY 10011 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/40b92dae-1cf0-4b05-9c2c-f73c11018264.jpg)
![405 West 23rd Street #7-C, New York City, NY 10011 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9f564645-961c-4d01-96cf-be5ef19dd77c.jpg)
![405 West 23rd Street #7-C, New York City, NY 10011 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/46ef36ab-9452-4250-bfe6-8fc8f84186cf.jpg)
![405 West 23rd Street #7-C, New York City, NY 10011 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/92cf5f38-def5-4a7b-bd99-2341aea69ace.jpg)
![405 West 23rd Street #7-C, New York City, NY 10011 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8e9490f7-2744-4976-bc96-2356c0c0d4c5.jpg)
![405 West 23rd Street #7-C, New York City, NY 10011 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a93f7ba3-040c-4ddb-a192-0ec5477484a7.jpg)
![405 West 23rd Street #7-C, New York City, NY 10011 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/574c00fe-a1eb-41f0-b63e-46fc1c58836f.jpg)
![405 West 23rd Street #7-C, New York City, NY 10011 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b18d5888-bfde-4cef-aa04-e214db88d1b1.jpg)
![405 West 23rd Street #7-C, New York City, NY 10011 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/be8a9473-a1f7-4eb8-996d-839c067aba7f.jpg)
![405 West 23rd Street #7-C, New York City, NY 10011 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f2fc68b6-d1bf-4e54-bf00-a1e04910a304.jpg)

## Property Overview

As you enter Apt. 7-C, you are met with an immediate sense of warmth & charm.
The large windows welcome you in with the sunlight —bright throughout the day & into the night—framed by corner views of trees, townhouses & city lights.

This freshly painted large studio has beautiful pre-war details with modern updates & renovations that make it a perfect gem.

The original architectural elements—the 9’+ high beamed ceilings, thick plaster walls, solid oak hardwood floors, the stripped steel front door & radiator cover—add to the apartment’s character, while the remote-controlled ceiling-fan & brand-new thru-the-wall A/C keep your view & keep it cool on the hottest days & all summer long.

The beauty of this apartment is in the endless possibilities for design…
The expansive great room offers many separate & distinct areas to entertain, dine, work, sleep, read & relax.
Keep the big open space as it is now, or create a separate sleeping alcove, as many have done before…
Perhaps utilize the recessed alcove—originally designed for a Murphy bed—for a bed & bookshelves, even a dedicated home office, along with a perfect reading spot by the window as sunshine fills the room.

The dining bay seats four or more, while the living area offers plenty of room for lounging & entertaining.

The dynamic dressing room is outfitted with floor-to-ceiling custom-shelving & built-in dresser, fit for a full-season wardrobe, with room to sit & ponder your next ensemble…
Another huge WIC in the main room, with storage for coats, luggage & more, stands ready to be stuffed to the rafters.

The windowed bath is renovated with a newly-glazed cast-iron soaking tub for you to luxuriate & marvel at the classic subway tile, the original London Terrace signature black + white mosaic tile floor & pedestal sink. An added plus is the tall shelving—where form follows function & finishes in style—the glass & chrome shelves allow easy access to towels, toiletries, perfumes & special items to shine in this sophisticated bathroom.

The large separate kitchen is fully equipped & thoughtfully updated, defined by quartz countertops, stainless steel appliances—plus the added features: microwave & dishwasher. Illuminating this well-organized design are bright overhead & under-cabinet lights, highlighting renovated white custom-cabinetry & plentiful storage.

Some of the photographs -have been virtually staged- all are marked "Virtual Staging". The furnishings, décor, artwork, and accessories shown are digital renderings intended to illustrate the potential use and scale of the space. The virtually staged images are provided for marketing and visualization purposes only and may not reflect the property's current condition. Buyers should independently verify all dimensions, features, and existing conditions.

All this and more…
Take a lap in the luxurious iconic, 1930s-era half-Olympic-sized indoor heated swimming pool—famous for its vintage architectural details: original Craftsman tiles, arched ceiling & windows. Featuring sauna & steam rooms in the locker rooms.

To top it off —one of the most spectacular lush garden-rooftops in all NYC! Truly 360-degree views of the Downtown, Hudson Yards & Midtown skylines with the stand-out icons: from the Chrysler & Empire State buildings to the Freedom Tower to The Edge.

Flexible showings – contact agent and we will be ready, willing and able to show!

LONDON TERRACE TOWERS is an exquisite full-service cooperative with an excellent resident manager, professional full-time doorman & staff. Pets welcomed!
Pied-a-terres, co-purchasing, gifting & sublets allowed.
Laundry, bike & storage rooms—plus, building link & on-site management.
An impressive array of additional building amenities: state-of-the-art health club (discount rates), on-site parking (additional fee), grocery store, bank, multiple cafes & the London Terrace Station- your very own post office!

NEIGHBORHOOD:
A prime Chelsea location puts residents near the Hudson River Park, High Line Park and Chelsea Piers. 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 high-style living.

TRANSPORTATION: Easy access to the West Side Highway! Close by Citi Bikes, Buses & Subways!

## Property Details

- **Property Type**: Co-op
- **Baths**: 1
- **Rooms**: 2
- **Stories**: 19
- **Year Built**: 1930
- **Common Charges**: $1,694 / Monthly
- **Listed On**: Jun 19, 2026
- **Days on Market**: 83 Days

### Residence Features

- Wall Unit(s)
- Common Area
- Building Storage
- Building Garden
- Building Roof Deck
- Dining Area
- Kitchen Window
- New Windows
- City

## Sales Evidence

### Recent closed sales

49 apartments at 405 West 23rd Street have recorded sales since September 2021, the most recent for $579,000 in July 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| [16I](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/405-west-23rd-street-i-16I-ny-10011) (Apartment) | Studio | — | $579,000 | — | July 14, 2026 | MLS |
| 3F (Apartment) | Studio | — | $495,376 | — | May 15, 2026 | City record · MLS |
| 14JK (Apartment) | — | — | $1,250,000 | — | April 24, 2026 | City record |
| 8H (Apartment) | Studio | — | $510,000 | — | March 18, 2026 | City record · MLS |
| 9G (Apartment) | Studio | 500 | $614,000 | $1,228/ft² | January 22, 2026 | City record · MLS |
| 15B (Apartment) | Studio | 1,264 | $752,500 | $595/ft² | January 21, 2026 | City record |
| 7D (Apartment) | Studio | — | $515,000 | — | December 23, 2025 | City record · MLS |
| RCU1 (Apartment) | — | — | $697,587 | — | November 17, 2025 | City record |
| 12C (Apartment) | Studio | 450 | $549,500 | $1,221/ft² | October 24, 2025 | City record · MLS |
| 14F (Apartment) | Studio | — | $580,000 | — | September 15, 2025 | City record · MLS |
| 5C (Apartment) | 1 | — | $550,000 | — | July 31, 2025 | City record |
| 11F (Apartment) | — | — | $675,000 | — | June 22, 2025 | City record |
| 2L (Apartment) | Studio | — | $620,000 | — | June 9, 2025 | City record · MLS |
| 2D (Apartment) | 1 | — | $565,000 | — | May 9, 2025 | City record · MLS |
| 4E (Apartment) | 1 | 900 | $1,265,000 | $1,406/ft² | April 24, 2025 | City record · MLS |
| 17D (Apartment) | 3 | — | $6,900,000 | — | April 16, 2025 | City record · MLS |
| 16H (Apartment) | — | — | $960,000 | — | March 4, 2025 | City record |
| 3B (Apartment) | Studio | — | $667,500 | — | January 14, 2025 | City record · MLS |
| 12A (Apartment) | Studio | — | $835,000 | — | December 3, 2024 | City record · MLS |
| 9F (Apartment) | Studio | 450 | $505,000 | $1,122/ft² | October 22, 2024 | City record · MLS |
| 2F (Apartment) | Studio | — | $600,000 | — | September 18, 2024 | City record · MLS |
| 4D (Apartment) | — | — | $450,000 | — | May 3, 2024 | City record |
| 14G (Apartment) | Studio | 500 | $570,000 | $1,140/ft² | April 25, 2024 | City record · MLS |
| 16L (Apartment) | Studio | — | $637,500 | — | February 13, 2024 | City record · MLS |
| 2J (Apartment) | Studio | — | $445,000 | — | January 23, 2024 | City record · MLS |
| 14E (Apartment) | 1 | — | $605,000 | — | June 30, 2023 | City record · MLS |
| 3J (Apartment) | Studio | — | $600,000 | — | March 24, 2023 | City record · MLS |
| 15B (Apartment) | Studio | 525 | $675,000 | $1,286/ft² | December 15, 2022 | City record · MLS |
| 8E (Apartment) | 1 | — | $1,435,000 | — | December 8, 2022 | City record · MLS |
| 8J (Apartment) | Studio | — | $550,000 | — | October 27, 2022 | City record · MLS |
| 18A (Apartment) | 3 | — | $2,575,000 | — | October 25, 2022 | City record · MLS |
| 2B (Apartment) | Studio | 1,670 | $1,450,000 | $868/ft² | August 26, 2022 | City record · MLS |
| 5G (Apartment) | Studio | — | $550,000 | — | July 14, 2022 | City record · MLS |
| 10HI (Apartment) | 1 | 1,050 | $1,360,000 | $1,295/ft² | June 27, 2022 | City record · MLS |
| 15F (Apartment) | Studio | 500 | $561,500 | $1,123/ft² | May 27, 2022 | City record · MLS |
| 10E (Apartment) | — | — | $500,000 | — | May 25, 2022 | City record |
| 9C (Apartment) | — | — | $520,000 | — | April 26, 2022 | City record |
| 12B (Apartment) | Studio | — | $690,000 | — | April 1, 2022 | City record · MLS |
| 5F (Apartment) | Studio | — | $576,000 | — | March 21, 2022 | City record · MLS |
| 7K (Apartment) | Studio | 410 | $557,500 | $1,360/ft² | March 8, 2022 | City record · MLS |

Showing the 40 most recent of 49 recorded sales in this period.

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 studio sales at 405 West 23rd Street is $600,000, based on 27 sales between September 2021 and May 2026. This home is asking exactly that figure. The middle half of those sales closed between $550,000 and $658,750.

- **Median closed price**: $600,000
- **Middle half**: $550,000 – $658,750
- **Based on**: 27 studio sales at 405 West 23rd Street
- **Period**: September 2021 – May 2026

Square footage is recorded for only 8 of these 27 sales (30%), 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 24 of these sales with a published asking price, the median closed at 95.8% of what it originally asked. 79% of them closed below the original ask.

### How these sales were negotiated

- **Sold vs original ask**: 95.8% of the original ask
- **Closed below ask**: 79% of 24 sales
- **Listed → in contract**: 64 days (about 9 weeks)
- **In contract → closed**: 78 days (about 11 weeks)

Across the 24 of these sales with a published asking price, the median closed at 95.8% of what it originally asked. 79% of them closed below the original ask.

Half of these homes were in contract within 64 days (about 9 weeks) of coming to market, based on the 20 with a recorded listing date.

Once a deal was agreed, closing took a further 78 days (about 11 weeks), based on the 20 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 27 studio sales at 405 West 23rd Street, September 2021 – May 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ.

### Price trend

Median sold price for co-op studio sales in Chelsea, 2016 to 2026. The series is held to one bedroom count and one ownership type for the same reason: an unfiltered median tracks which apartments sold, not what they were worth.

| Year | Median sold price | Sales |
| --- | --- | --- |
| 2016 | $600,000 | 11 |
| 2017 | $566,000 | 36 |
| 2018 | $535,000 | 19 |
| 2019 | $495,000 | 27 |
| 2020 | $537,500 | 19 |
| 2021 | $520,000 | 43 |
| 2022 | $540,000 | 52 |
| 2023 | $537,144 | 23 |
| 2024 | $565,000 | 32 |
| 2025 | $570,000 | 35 |
| 2026 | $532,500 | 18 |

This building does not have enough sales with a recorded floor area to chart its own price per square foot, which is usual for a co-op. The series above follows comparable homes across Chelsea instead.

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 405 West 23rd Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/405-west-23rd-street)

## Price and Property History for 405 West 23rd Street, Unit 7-C

Review the recorded listing activity for 405 West 23rd Street, Unit 7-C, including asking-price changes and prior market dates.

- **Entered contract**: July 25, 2026
- **Last sold (recorded)**: $607,500 on November 16, 2017

| Date | Price | Listing event |
| --- | --- | --- |
| July 25, 2026 | $600,000 | Entered contract |
| June 11, 2026 | $600,000 | Listed for sale by R New York |
| November 16, 2017 | $607,500 | Sold — recorded sale price |
| August 28, 2017 | $625,000 | Listed for sale by Halstead dba Brown Harris Stevens Residential Sales LLC |

## About The Building

### 405 West 23rd Street

405 West 23rd Street, New York, NY 10011

A building in the neighborhood, currently featuring 2 active listings.

- **Year Built**: 1930
- **Total Units**: 2
- **Floors**: 19

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/405-west-23rd-street)

### Available Residences — For Sale (2)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [7-C](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/405-west-23rd-street--c-7C-ny-10011) | Studio | 1 | — | — | $600,000 — In contract | R New York | Jun 19, 2026 | 83 days |
| [6I](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/405-west-23rd-street-i-6I-ny-10011) | Studio | 1 | — | — | $650,000 | Serhant | Sep 9, 2021 | 1,827 days |

## Estimated Monthly Payment

**$4,728 / month**, assuming a 20% down payment ($120,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $3,034
- **Common Charges**: $1,694

Estimates only. Actual payments may vary. Confirm terms with your lender.

## 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

- [405 West 23rd Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/405-west-23rd-street)
- [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.
