---
title: "405 West 23rd Street #10F, New York City, NY 10011"
description: "405 West 23rd Street #10F, New York City, NY 10011 — Townhouse in Chelsea, Manhattan, NY. Listing Price $615,000. Studio bed, 1 bath Illustrative Buyer Commission Share of $9,225 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/405-west-23rd-street-10f-ny-10011"
source: "Real Estate Rebate Team"
status: "Active"
---
# 405 West 23rd Street #10F, New York City, NY 10011
Townhouse in Chelsea, Manhattan, NY
Courtesy of Corcoran Group
## At a Glance
- **Listing Price**: $615,000
- **Beds**: Studio
- **Baths**: 1
- **Common Charges**: $1,830 / 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**: $615,000
- **Illustrative Buyer Commission Share**: -$9,225*
- **Illustrative Net Cost**: $605,775
*Illustrative Buyer Savings of $9,225 — 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)
## Property Overview
With sunlit days and starry nights, you'll love calling Apartment 10F at 405 West 23rd St, London Terrace Towers, HOME. Three south-facing windows greet you, offering views of picturesque townhouses and the Seminary, highlighting historic Chelsea and 21st Century architecture to the west. London Terrace Towers is notably the premiere prewar cooperative in West Chelsea, offering a supreme level of staff and security, including 24/7 doormen, porters, handymen, and a live in super.
Meticulously renovated, while maintaining the look and feel that makes buyers gravitate toward owning a piece of London Terrace history, the owner enhanced each room. The windowed kitchen has been updated with granite countertops, new with frosted glass fronted cabinetry, 30" stainless-steel Samsung 5-burner stove, and dishwasher. The full-size Liebherr fridge provides ample room to store produce from our Farmer's Market, Chelsea Market or two local Whole Foods The barn doors at the entry are the perfect solution for hiding the mess or containing cooking odors.
All bathroom walls were updated with new tiles and a new vanity was added. And the addition of a second built-in, mirrored toiletry cabinet creates a wall of storage and reflection. Whether you're luxuriating in the deep soaking tub or grabbing a quick shower after a workout at our Health Club, life will take on a new glow as you step out onto the streets of Manhattan's hottest neighborhood.
Our historic half Olympic size pool, steam rooms, saunas, and a 3000' gym are managed by Life Fitness. River and iconic views from our Roof Deck invite you to wine and dine with friends or relax well into the evening. This is the lifestyle that brought you to New York! Once you visit, you'll understand why so many love the culture and heritage at London Terrace; I should know, having lived and sold here for well over 20 years!
## Property Details
- **Property Type**: Co-op
- **Baths**: 1
- **Rooms**: 3
- **Stories**: 19
- **Year Built**: 1929
- **Common Charges**: $1,830 / Monthly
- **Listed On**: Jul 16, 2026
- **Days on Market**: 52 Days
### Residence Features
- Building In Basement
- Building Roof Deck
- High Ceilings
- City
### Building Amenities
- Sauna
## Sales Evidence
### Recent closed sales
40 apartments at London Terrace have recorded sales since September 2021, the most recent for $540,000 in August 2026. Prices are the figures recorded with the City, not asking prices.
| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| [2G](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/465-west-23rd-street-g-2G-ny-10011) (Apartment) | Studio | — | $540,000 | — | August 14, 2026 | MLS |
| [19A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/410-west-24th-street-a-19A-ny-10011) (Apartment) | 2 | — | $2,500,000 | — | July 17, 2026 | MLS |
| 9J (Apartment) | Studio | — | $1,180,000 | — | June 16, 2026 | City record |
| 19D (Apartment) | — | — | $3,308,692 | — | May 27, 2026 | City record |
| 3F (Apartment) | — | — | $495,376 | — | May 15, 2026 | City record |
| 4G (Apartment) | 1 | — | $584,500 | — | May 14, 2026 | City record |
| 3C (Apartment) | 1 | 875 | $945,000 | $1,080/ft² | March 23, 2026 | City record · MLS |
| 10M (Apartment) | 1 | 950 | $900,000 | $947/ft² | September 3, 2025 | City record · MLS |
| RCU1 (Apartment) | Studio | 500 | $550,000 | $1,100/ft² | July 21, 2025 | City record · MLS |
| 3B (Apartment) | 1 | 875 | $1,075,000 | $1,229/ft² | June 23, 2025 | City record · MLS |
| 5CLOFT (Apartment) | Studio | — | $505,000 | — | May 8, 2025 | MLS |
| RCU1 (Apartment) | 1 | 900 | $1,080,000 | $1,200/ft² | April 29, 2025 | City record · MLS |
| 2B (Apartment) | Studio | 625 | $557,250 | $892/ft² | April 16, 2025 | City record · MLS |
| 9A (Apartment) | — | — | $1,075,000 | — | April 10, 2025 | City record |
| 15B (Apartment) | 1 | 882 | $1,250,000 | $1,417/ft² | February 24, 2025 | City record · MLS |
| 17B (Apartment) | 1 | 900 | $2,235,000 | $2,483/ft² | December 5, 2024 | City record · MLS |
| 9BC (Apartment) | 2 | 1,100 | $1,400,000 | $1,273/ft² | December 5, 2024 | City record · MLS |
| 14A (Apartment) | — | — | $1,445,000 | — | October 18, 2024 | City record |
| RCU1 (Apartment) | — | — | $954,754 | — | August 1, 2024 | City record |
| 4F (Apartment) | Studio | 475 | $620,000 | $1,305/ft² | March 5, 2024 | City record · MLS |
| 5DE (Apartment) | 1 | — | $925,000 | — | December 5, 2023 | City record · MLS |
| 14J (Apartment) | 1 | 525 | $595,000 | $1,133/ft² | April 6, 2023 | City record · MLS |
| 5H (Apartment) | Studio | 500 | $675,000 | $1,350/ft² | January 23, 2023 | City record · MLS |
| 10FIJ (Apartment) | 2 | 1,700 | $2,195,000 | $1,291/ft² | December 20, 2022 | MLS |
| 5F (Apartment) | Studio | 500 | $675,000 | $1,350/ft² | December 12, 2022 | City record · MLS |
| 6-JK (Apartment) | 1 | 1,056 | $1,280,000 | $1,212/ft² | November 9, 2022 | City record · MLS |
| 17C (Apartment) | — | — | $1,106,859 | — | September 15, 2022 | City record |
| 16A (Apartment) | 1 | 875 | $1,375,000 | $1,571/ft² | August 26, 2022 | City record · MLS |
| RCU1 (Apartment) | 2 | — | $1,600,000 | — | June 10, 2022 | City record · MLS |
| 10E (Apartment) | Studio | 430 | $500,000 | $1,163/ft² | May 25, 2022 | City record · MLS |
| 4D (Apartment) | Studio | 500 | $585,000 | $1,170/ft² | May 24, 2022 | City record · MLS |
| 4F (Apartment) | Studio | 450 | $572,500 | $1,272/ft² | May 4, 2022 | City record · MLS |
| 14A (Apartment) | — | — | $1,199,535 | — | March 24, 2022 | City record |
| 17A (Apartment) | 2 | — | $3,850,000 | — | March 14, 2022 | City record · MLS |
| 10E (Apartment) | Studio | — | $575,000 | — | March 9, 2022 | City record · MLS |
| 6-B (Apartment) | 1 | 900 | $1,275,000 | $1,417/ft² | November 15, 2021 | City record · MLS |
| 16G (Apartment) | — | — | $597,000 | — | October 21, 2021 | City record |
| 2E (Apartment) | Studio | 400 | $425,000 | $1,063/ft² | October 8, 2021 | City record · MLS |
| 11J (Apartment) | Studio | 525 | $565,000 | $1,076/ft² | September 9, 2021 | City record · MLS |
| 2D (Apartment) | Studio | 400 | $400,000 | $1,000/ft² | September 9, 2021 | City record · MLS |
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 London Terrace is $572,500, based on 13 sales between September 2021 and June 2026. This home is asking $615,000, $42,500 above that median. The middle half of those sales closed between $550,000 and $620,000.
- **Median closed price**: $572,500
- **Middle half**: $550,000 – $620,000
- **Based on**: 13 studio sales at London Terrace
- **Period**: September 2021 – June 2026
- **Median $/ft²**: $1,163/ft²
Across the 12 of these sales with a published asking price, the median closed at 98.4% of what it originally asked. 67% of them closed below the original ask.
### How these sales were negotiated
- **Sold vs original ask**: 98.4% of the original ask
- **Closed below ask**: 67% of 12 sales
- **Listed → in contract**: 32 days (about 5 weeks)
- **In contract → closed**: 94 days (about 13 weeks)
Across the 12 of these sales with a published asking price, the median closed at 98.4% of what it originally asked. 67% of them closed below the original ask.
Half of these homes were in contract within 32 days (about 5 weeks) of coming to market, based on the 8 with a recorded listing date.
Once a deal was agreed, closing took a further 94 days (about 13 weeks), based on the 8 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 13 studio sales at London Terrace, September 2021 – June 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 London Terrace](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/london-terrace)
## About The Building
### London Terrace
Chelsea · Stock Cooperative
465 West 23rd Street, New York, NY 10011
A building in Chelsea, currently featuring 22 active listings.
- **Year Built**: 1930
- **Total Units**: 22
- **Floors**: 19
[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/london-terrace)
### Available Residences — For Sale (22)
| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [10F](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/405-west-23rd-street-10f-ny-10011) | Studio | 1 | — | — | $615,000 | Corcoran Group | Jul 16, 2026 | 52 days |
| [16F](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/410-west-24th-street-f-16F-ny-10011) | Studio | 1 | — | — | $795,000 | Elliman | Feb 5, 2021 | 2,039 days |
| [16I](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/405-west-23rd-street-i-16I-ny-10011) | Studio | 1 | — | — | $589,000 (-9.2%) | Real New York | Oct 17, 2024 | 689 days |
| [14JK](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/405-west-23rd-street-jk-14JK-ny-10011) | 1 | 2 | — | — | $1,380,000 (-6.4%) — In contract | Douglas Elliman Real Estate | Mar 26, 2025 | 529 days |
| [15B](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/405-west-23rd-street-b-15B-ny-10011) | Studio | 1 | 525 sqft | $1,457 | $765,000 — In contract | Douglas Elliman Real Estate | May 10, 2025 | 484 days |
| [14ABC](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/410-west-24th-street-abc-14ABC-ny-10011) | 3 | 3 | — | — | $1,980,000 — In contract | Douglas Elliman Real Estate | May 20, 2025 | 474 days |
| [19B](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/470-west-24th-street-b-19B-ny-10011) | 2 | 2 | — | — | $2,500,000 — In contract | Douglas Elliman Real Estate | Jun 17, 2025 | 446 days |
| [4G](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/465-west-23rd-street-g-4G-ny-10011) | 1 | 1 | 850 sqft | $700 | $595,000 (-4.8%) — In contract | Douglas Elliman Real Estate | Sep 6, 2025 | 365 days |
| [19C](https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/10011/470-west-24th-street-c-19C-ny-10011) | Studio | 1 | — | — | $695,000 — In contract | Douglas Elliman Real Estate | Jan 7, 2026 | 242 days |
| [15J](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/470-west-24th-street-j-15J-ny-10011) | 1 | 1 | — | — | $1,095,000 (-4.7%) — In contract | Corcoran Group | Mar 4, 2026 | 186 days |
| [15C](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/410-west-24th-street-15c-ny-10011) | Studio | 1 | 450 sqft | $1,189 | $535,000 | Douglas Elliman Real Estate | Apr 7, 2026 | 152 days |
| [19BCE](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/410-west-24th-street-bce-19BCE-ny-10011) | 4 | 4 | 2,720 sqft | $2,022 | $5,500,000 (-8.3%) | Douglas Elliman Real Estate | Apr 22, 2026 | 137 days |
| [14H](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/465-west-23rd-street-h-14H-ny-10011) | Studio | 1 | — | — | $599,000 (-2.6%) | Corcoran Group | May 6, 2026 | 123 days |
| [4H](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/465-west-23rd-street-h-4H-ny-10011) | Studio | 1 | 495 sqft | $1,202 | $595,000 (-0.8%) — In contract | Douglas Elliman Real Estate | May 10, 2026 | 119 days |
| [9F](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/470-west-24th-street-f-9F-ny-10011) | Studio | 1 | — | — | $475,000 (-5.0%) | Douglas Elliman Real Estate | May 18, 2026 | 111 days |
| [12D](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/465-west-23rd-street-12d-ny-10011) | Studio | 1 | 500 sqft | $1,390 | $695,000 (-12.6%) | Brown Harris Stevens Residential Sales LLC | Jun 5, 2026 | 93 days |
| [11GHK](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/410-west-24th-street-ghk-11GHK-ny-10011) | 3 | 3 | 1,750 sqft | $1,343 | $2,350,000 — In contract | Brown Harris Stevens Residential Sales LLC | Jun 23, 2026 | 75 days |
| [17D](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/470-west-24th-street-d-17D-ny-10011) | 1 | 1 | 850 sqft | $1,876 | $1,595,000 — In contract | Corcoran Group | Jun 24, 2026 | 74 days |
| [PHA](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/410-west-24th-street-pha-ny-10011) | 2 | 4 | — | — | $7,995,000 | Douglas Elliman Real Estate | Jul 6, 2026 | 62 days |
| [16J](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/410-west-24th-street-16j-ny-10011) | 1 | 1 | — | — | $995,000 — In contract | Douglas Elliman Real Estate | Aug 5, 2026 | 32 days |
| [4E](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/410-west-24th-street-4e-ny-10011) | Studio | 1 | 450 sqft | $944 | $425,000 | Douglas Elliman Real Estate | Aug 18, 2026 | 19 days |
| [7M](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/410-west-24th-street-7m-ny-10011) | 1 | 1 | — | — | $850,000 | Douglas Elliman Real Estate | Aug 18, 2026 | 19 days |
## Estimated Monthly Payment
**$4,940 / month**, assuming a 20% down payment ($123,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.
- **Principal & Interest**: $3,110
- **Common Charges**: $1,830
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
- [London Terrace — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/london-terrace)
- [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.