---
title: "405 West 23rd Street #7J, New York City, NY 10011"
description: "405 West 23rd Street #7J, New York City, NY 10011 — Chelsea, New York City, NY. Listing Price $590,000. Studio bed, 1 bath Illustrative Buyer Commission Share of $8,850 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/405-west-23rd-street-7j-ny-10011"
source: "Real Estate Rebate Team"
dateModified: "2026-10-04T01:14:11.555Z"
status: "Active"
---

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

Chelsea, New York City, NY

Courtesy of Douglas Elliman Real Estate

Last updated: October 3, 2026, 9:14 PM

## At a Glance

- **Listing Price**: $590,000
- **Beds**: Studio
- **Baths**: 1
- **Common Charges**: $1,718 / 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**: $590,000
- **Illustrative Buyer Commission Share**: -$8,850*
- **Illustrative Net Cost**: $581,150

*Illustrative Buyer Savings of $8,850 — 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 (2)

![405 West 23rd Street #7J, New York City, NY 10011 — photo 1 of 2](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/64bde435-c19a-414b-85c0-e1fab798bba2.jpg)
![405 West 23rd Street #7J, New York City, NY 10011 — photo 2 of 2](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f3041ee7-f1b6-4add-ba58-6857e25f1cdf.jpg)

## Property Overview

Set in the heart of West Chelsea within London Terrace Towers, this properly proportioned Alcove Studio seamlessly blends 1930s prewar architectural charm with contemporary updates. With its functional layout, prewar proportions, classic finishes, this residence represents iconic West Chelsea co-op living.

Apartment 7J boasts high 9' +/--beamed ceilings, solid oak hardwood floors, and ready to refurbish steel door frames and grillwork from a bygone era. The main living space is enshrined in southern expo light that streams in through oversize casement style windows. Designed for versatile layout options, the main room comfortably accommodates designated dining, living, and a separate sleeping alcove.

A bright windowed kitchen boasts plenty of crisp white cabinetry and ample appliances-including a gas range, microwave, and dishwasher. Reflecting classic London Terrace character, the renovated bathroom features iconic black-and-white checkerboard mosaic floor tile, bright subway wall tiles and a pedestal sink and glass-enclosed shower stall.

The London Terrace Towers Co-op amenity package included in the monthly maintenance charges provides for heat, hot water, gas, and sub-metered electric. Also include is the Crown Jewel of the Co-op, our 1/2 Olympic-size indoor heated pool complemented by private locker rooms with showers, steam rooms, and saunas.

A state-of-the-art health facility welcomes personal trainers, or you can work with one of the onsite fitness instructors. Residents also enjoy a lushly planted and teak-furnished roof deck with outdoor shower and breathtaking views of Manhattan's iconic skyline, the New Jersey skyline, and the Hudson River.

Upon entering the 24-hour attended lobbies, with ceilings inspired by a famous London palace, you'll immediately experience the distinctive character of this legendary West Chelsea community. Pets are welcome, and an indoor garage is located beneath the complex (separate charges apply). Unlimited subleasing is permitted after two years of ownership, subject to Board approval.

London Terrace is surrounded by an extraordinary collection of art galleries, museums, restaurants, shopping, parks, and waterfront destinations. The High Line, Hudson River waterfront, Chelsea Piers, Chelsea Market, Hudson Yards, and The Edge are all within easy reach.

## Property Details

- **Property Type**: Co-op
- **Baths**: 1
- **Rooms**: 1
- **Stories**: 19
- **Year Built**: 1929
- **Common Charges**: $1,718 / Monthly
- **Listed On**: Oct 3, 2026
- **Days on Market**: 2 Days

### Residence Features

- Building In Basement
- Building Roof Deck
- Private Outdoor Space Over 60 Sqft
- Washer Dryer Allowed
- City

### Building Amenities

- Sauna

## Estimated Monthly Payment

**$4,701 / month**, assuming a 20% down payment ($118,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $2,983
- **Common Charges**: $1,718

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

## Sales and market data

### Recent sales

40 apartments at London Terrace have recorded sales since October 2021, the most recent for $925,000 in September 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| [10A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/465-west-23rd-street-a-10A-ny-10011) (Apartment) | 1 | — | $925,000 | — | September 24, 2026 | MLS |
| [4H](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/465-west-23rd-street-h-4H-ny-10011) (Apartment) | Studio | 495 | $595,000 | $1,202/ft² | August 24, 2026 | MLS |
| [2G](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/465-west-23rd-street-g-2G-ny-10011) (Apartment) | Studio | — | $540,000 | — | August 10, 2026 | City record · 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 |

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

- **This home**: $590,000
- **Median sold price**: $573,750
- **Difference**: +$16,250 (+2.8%)
- **Median $/ft²**: $1,170
- **Comparable sales**: 12
- **Sales from**: October 2021 – August 2026
- **Middle half of those sales**: $547,500 – $633,750

Based on studio sales at London Terrace.

### How these sales were negotiated

- **Sale-to-list price**: 99.1% (10 sales)
- **Sold below asking**: 60% (10 sales)
- **Typical time to find a buyer**: 32 days (8 sales)
- **Typical time to close**: 94 days (8 sales)

Based on studio sales at London Terrace with the required listing and closing data. Sample sizes vary by metric.

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.

### Price trend

Median sale price, co-op studio sales in Chelsea

| Year | Median sold price | Sales |
| --- | --- | --- |
| 2016 | $602,500 | 10 |
| 2017 | $566,000 | 36 |
| 2018 | $535,000 | 19 |
| 2019 | $497,500 | 26 |
| 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 YTD | $541,250 | 20 |

Based on recorded co-op studio sales in Chelsea. 2026 is year-to-date.

Sales data through September 2026.

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 14 active listings.

- **Year Built**: 1932
- **Active Units**: 14
- **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 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [7J](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/405-west-23rd-street-7j-ny-10011) | Studio | 1 | — | — | $590,000 | Douglas Elliman Real Estate | Oct 3, 2026 | 1 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 | 180 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 | 165 days |
| [9F](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/470-west-24th-street-f-9F-ny-10011) | Studio | 1 | — | — | $425,000 (-10.5%) | Douglas Elliman Real Estate | May 18, 2026 | 139 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 | 121 days |
| [10F](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/405-west-23rd-street-10f-ny-10011) | Studio | 1 | — | — | $599,000 (-2.6%) | Corcoran Group | Jul 16, 2026 | 80 days |
| [16J](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/410-west-24th-street-16j-ny-10011) | 1 | 1 | — | — | $995,000 | Douglas Elliman Real Estate | Aug 5, 2026 | 60 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 | 47 days |
| [7M](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/410-west-24th-street-7m-ny-10011) | 1 | 1 | — | — | $799,000 (-6.0%) | Douglas Elliman Real Estate | Aug 18, 2026 | 47 days |
| [12B](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/405-west-23rd-street-12b-ny-10011) | Studio | 1 | — | — | $745,000 | Corcoran Group | Sep 8, 2026 | 26 days |
| [14C](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/470-west-24th-street-14c-ny-10011) | 2 | 2 | — | — | $1,850,000 | Douglas Elliman Real Estate | Sep 22, 2026 | 12 days |
| [5I](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/405-west-23rd-street-5i-ny-10011) | Studio | 1 | — | — | $558,000 | Corcoran Group | Sep 24, 2026 | 10 days |
| [6I](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/405-west-23rd-street-i-6I-ny-10011) | Studio | 1 | — | — | $625,000 | Serhant | Sep 25, 2026 | 9 days |
| [10H](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/410-west-24th-street-10h-ny-10011) | 1 | 1 | — | — | $835,000 | Douglas Elliman Real Estate | Oct 3, 2026 | 1 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 | 557 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 | 512 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 | 502 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 | 474 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 | 393 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 | 270 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 | 214 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 | 102 days |

### Recently Sold (4)

| Unit | Beds | Baths | Size | Price / Ft² | Sold Price | Listing Office | Listed Date | Sold Date |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [16F](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/410-west-24th-street-f-16F-ny-10011) | Studio | 1 | — | — | $795,000 | Elliman | Feb 5, 2021 | — |
| [16I](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/405-west-23rd-street-i-16I-ny-10011) | Studio | 1 | — | — | $579,000 | Real New York | Oct 17, 2024 | Jul 14, 2026 |
| [4H](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/465-west-23rd-street-h-4H-ny-10011) | Studio | 1 | 495 sqft | $1,202 | $595,000 | Douglas Elliman Real Estate | May 10, 2026 | Aug 24, 2026 |
| [11GHK](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/410-west-24th-street-ghk-11GHK-ny-10011) | 3 | 3 | 1,750 sqft | $1,314 | $2,300,000 | Brown Harris Stevens Residential Sales LLC | Jun 23, 2026 | Sep 18, 2026 |

## 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.