---
title: "405 West 23rd Street #9L, New York City, NY 10011"
description: "405 West 23rd Street #9L, New York City, NY 10011 — Chelsea, New York City, NY. Listing Price $685,000. Studio bed, 1 bath, 550 sqft Illustrative Buyer Commission Share of $10,275 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/405-west-23rd-street-9l-ny-10011"
source: "Real Estate Rebate Team"
dateModified: "2026-11-06T22:16:56.828Z"
status: "Active"
---

# 405 West 23rd Street #9L, New York City, NY 10011

Chelsea, New York City, NY

Courtesy of Douglas Elliman Real Estate

Last updated: November 6, 2026, 5:16 PM

## At a Glance

- **Listing Price**: $685,000
- **Beds**: Studio
- **Baths**: 1
- **Sqft**: 550
- **Common Charges**: $1,815 / mo
- **Price per Sqft**: $1,245
- **Brokerage Fee**: Share Eligible

## The Private Brokerage Advantage

As an independent luxury buyer representative, Régis shares up to 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**: $685,000
- **Illustrative Buyer Commission Share**: -$10,275*
- **Illustrative Net Cost**: $674,725

*Illustrative Buyer Savings of $10,275 — 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 #9L, New York City, NY 10011 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/01bc905b-6f7b-4c05-afb7-4e5ea9a33a87.jpg)
![405 West 23rd Street #9L, New York City, NY 10011 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0de888eb-e4a6-4a95-ba77-a9bba59fb793.jpg)
![405 West 23rd Street #9L, New York City, NY 10011 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a2b6278c-1c79-4f21-bd27-82dad8d5b1bb.jpg)
![405 West 23rd Street #9L, New York City, NY 10011 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6159f89e-89e8-471f-bcc0-d2e533eb7302.jpg)
![405 West 23rd Street #9L, New York City, NY 10011 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8c9d75d2-636e-4411-8909-c323169c81d8.jpg)
![405 West 23rd Street #9L, New York City, NY 10011 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0f2904da-a8bd-43a8-97f8-1068169fbaf0.jpg)
![405 West 23rd Street #9L, New York City, NY 10011 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/17298bfd-b689-4a4f-ad2a-de7856fc9a7b.jpg)
![405 West 23rd Street #9L, New York City, NY 10011 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e2b3fe19-d5eb-460e-b00a-6c322931afcc.jpg)
![405 West 23rd Street #9L, New York City, NY 10011 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8ff316fc-51eb-4c78-9a50-efdebd7ce67c.jpg)
![405 West 23rd Street #9L, New York City, NY 10011 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a43f23ad-4ba4-4576-bea6-dd5c1fde7eb4.jpg)

## Property Overview

Introducing 405 West 23rd Street, Apartment 9L, at the legendary London Terrace Towers, one of West Chelsea's most distinguished Art Deco-era Prewar Co-ops. You'll love the serene interior garden views accented by the Northern soft natural light in the summer months, and with spectacular displays of autumnal colors in the fall.

Approximately 550 Sq. Ft. +/- of intelligently designed Manhattan living, this turnkey home delivers charm privacy, and sophistication without an ounce of unnecessary theatrics. The oversized windows flood the main living space with light and a cleverly concealed separate sleeping alcove accommodates a full- or queen-size bed and double dresser.

Discretion, after all is an underrated luxury in NYC and the apartment's position at the end of the hallway only adds to its appeal and ultimate sense of privacy.

The timeless, European-inspired windowed kitchen features a Viking range, Bosch appliances, durable Caesarstone countertops, and abundant cabinetry.

The elegant Art Deco-inspired bath completes the picture with Duravit fixtures, a deep soaking tub, classic subway tile, and Bianco Carrara marble basket-weave flooring.

Whether you're seeking a full-time Manhattan residence or a sophisticated pied-à-terre (yes, they're permitted), this is a rather compelling alternative to even the finest hotel suite. And unlike a hotel, you won't have to check out.

The London Terrace Towers Co-op amenity package included in the monthly maintenance provides for heat, hot water, gas, and sub-metered electric. Also included is the Crown Jewel of the Co-op, our 1/2 Olympic-size indoor heated pool complemented with private locker rooms, showers, steam rooms, and saunas. Real Estate Taxes and Common Charges Aka; HOA is included as well.

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 Palace in London, 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 charge). 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.

Call or Google (#1 resident onsite agent?) to schedule your VIP viewing and experience living at London Terrace Towers.

## Property Details

- **Property Type**: Co-op
- **Baths**: 1
- **Rooms**: 2
- **Sqft**: 550 sqft
- **Stories**: 21
- **Year Built**: 1929
- **Price per Sqft**: $1,245
- **Common Charges**: $1,815 / Monthly
- **Listed On**: Nov 6, 2026
- **Days on Market**: 1 Days

### Residence Features

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

### Building Amenities

- Sauna

## Estimated Monthly Payment

**$5,279 / month**, assuming a 20% down payment ($137,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $3,464
- **Common Charges**: $1,815

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

## Sales and market data

### Recent sales

48 apartments at 405 West 23rd Street have recorded sales since November 2021, the most recent for $565,000 in October 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| [7-C](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/405-west-23rd-street--c-7C-ny-10011) (Apartment) | Studio | — | $565,000 | — | October 14, 2026 | MLS |
| [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 |
| 9I (Apartment) | — | — | $629,000 | — | April 14, 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 |

Showing the 40 most recent of 48 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

- **This home**: $685,000
- **Median sold price**: $590,000
- **Difference**: +$95,000 (+16.1%)
- **This home, $/ft²**: $1,245
- **Comparable sales**: 26
- **Sales from**: November 2021 – May 2026
- **Middle half of those sales**: $550,000 – $663,125

Based on studio sales at 405 West 23rd Street.

Square footage is recorded for only 8 of these 26 sales (31%), 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.

### How these sales were negotiated

- **Sale-to-list price**: 95.8% (24 sales)
- **Sold below asking**: 79% (24 sales)
- **Typical time to find a buyer**: 67 days (19 sales)
- **Typical time to close**: 80 days (19 sales)

Based on studio sales at 405 West 23rd Street 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 |
| --- | --- | --- |
| 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 | $528,750 | 24 |

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

Sales data through October 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 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 9L

Review the recorded listing activity for 405 West 23RD Street, Unit 9L, including asking-price changes and prior market dates.

- **Last sold (recorded)**: $650,000 on August 5, 2021

| Date | Price | Listing event |
| --- | --- | --- |
| November 6, 2026 | $685,000 | Listed for sale by Douglas Elliman Real Estate |
| August 20, 2021 | $675,000 | Entered contract |
| August 5, 2021 | $650,000 | Sold — recorded sale price |
| February 5, 2021 | $675,000 | Asking price reduced by $20,000, or 2.9% |
| July 27, 2020 | $695,000 | Listed for sale by Elliman |
| October 12, 2018 | $679,500 | Sold — recorded sale price |
| July 13, 2018 | $695,000 | Entered contract |
| May 3, 2018 | $695,000 | Listed for sale by Elliman |

## About The Building

### 405 West 23rd Street

405 West 23rd Street, New York, NY 10011

A building in the neighborhood, currently featuring 1 active listing.

- **Year Built**: 1929
- **Active Units**: 1
- **Floors**: 21

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

### Available Residences — For Sale (1)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [9L](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/405-west-23rd-street-9l-ny-10011) | Studio | 1 | 550 sqft | $1,245 | $685,000 | Douglas Elliman Real Estate | Nov 6, 2026 | 1 days |

### Recently Sold (2)

| Unit | Beds | Baths | Size | Price / Ft² | Sold Price | Listing Office | Listed Date | Sold Date |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [6I](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/405-west-23rd-street-i-6I-ny-10011) | Studio | 1 | — | — | $650,000 | Serhant | Sep 9, 2021 | Dec 9, 2021 |
| [7-C](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/405-west-23rd-street--c-7C-ny-10011) | Studio | 1 | — | — | $565,000 | R New York | Jun 19, 2026 | Oct 14, 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

- [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.