---
title: "405 West 23rd Street #15B, New York City, NY 10011"
description: "405 West 23rd Street #15B, New York City, NY 10011 — Chelsea, New York City, NY. Listing Price $765,000. In contract 11/18/2025. Studio bed, 1 bath, 525 sqft Illustrative Buyer Commission Share of $11,475 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/405-west-23rd-street-b-15B-ny-10011"
source: "Real Estate Rebate Team"
status: "Pending"
---

# 405 West 23rd Street #15B, New York City, NY 10011

Chelsea, New York City, NY

Courtesy of Douglas Elliman Real Estate

## At a Glance

- **Listing Price**: $765,000
- **Status**: In contract 11/18/2025
  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
- **Sqft**: 525
- **Common Charges**: $2,056 / mo
- **Price per Sqft**: $1,457
- **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**: $765,000
- **Illustrative Buyer Commission Share**: -$11,475*
- **Illustrative Net Cost**: $753,525

*Illustrative Buyer Savings of $11,475 — 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 #15B, New York City, NY 10011 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ae4c5b77-589d-40d6-acbc-4dce36eb9714.jpg)
![405 West 23rd Street #15B, New York City, NY 10011 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5e48345a-e5a0-4239-856b-811db17d208f.jpg)
![405 West 23rd Street #15B, New York City, NY 10011 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d7b4a249-f6d8-4873-b556-94d4cd6a14ed.jpg)
![405 West 23rd Street #15B, New York City, NY 10011 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/733fb435-bd08-4c59-8f25-16cca0c2318e.jpg)
![405 West 23rd Street #15B, New York City, NY 10011 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6deb4c6a-ff6a-4f3a-8c73-641665e2a9c0.jpg)
![405 West 23rd Street #15B, New York City, NY 10011 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/efaceebb-bc67-4e7c-ae43-bff3ca5e8f34.jpg)
![405 West 23rd Street #15B, New York City, NY 10011 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/aa21eef7-5b2b-4e16-9cc6-c5e6d3b6e957.jpg)
![405 West 23rd Street #15B, New York City, NY 10011 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1327fdd5-7fd7-4ea7-8ee9-af6f045d8e6a.jpg)
![405 West 23rd Street #15B, New York City, NY 10011 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/cfd70100-ad72-4d78-baea-c06555f23b06.jpg)
![405 West 23rd Street #15B, New York City, NY 10011 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/fa55c75b-341f-41fb-be7f-147d0bb5de44.jpg)

## Property Overview

Step into this thoughtfully curated residence, where a calming environment is met with exceptional NYC views. Positioned on the coveted northeast corner of the 405 West 23rd Street tower, this home captures fantastic natural light through six of its seven  extra-tall casement style windows, creating a bright and airy atmosphere with its very apparent feeling of comfort and tranquility.

 An inviting entry foyer sets the stage for intimate gatherings, seamlessly connecting to a separate windowed kitchen outfitted with premium high-end appliances and an abundance of storage - ideal for those who appreciate the fine art of home cooking.

 The elegantly tiled bathroom, complete with a wide shower stall, floating vanity sink, and its own window adds a touch of spa-like serenity to the space.

 This layout offers a unique flow and character that's hard to find in more conventional apartment layouts. But fair warning: once you step inside, you might not want to leave. Have your mortgage broker on speed dial - or better yet, bring an all-cash offer.

 The London Terrace Towers Co-op amenity package included in the monthly maintenance charges provides for use of heat, hot water, gas, and (sub-metered electric). The crown jewel of the Co-op is our 1/2 Olympic size indoor heated pool. We have private locker  rooms that include showers, steam rooms and saunas.

 A state-of-the-art health facility welcomes personal trainers or you can hire one of the onsite fitness instructors. Also included in the abundant amenity package is a lushly planted and teak furnished roof deck with outdoor shower. You will be in awe when  taking in the breathtaking views of Manhattan's most famous landmark buildings, New Jersey skyline and Hudson River.

 Upon entering our 24 hour attended lobbies (ceilings styled after a famous Palace in London), you will surely feel like Royalty. Pets are also welcome. An indoor garage (not part of Co-op) is located under the complex (separate charges apply). Unlimited  subleasing post 2-year ownership with Board Approval.

 Welcome to the premiere pre-war Co-op in West Chelsea Historic District. This is where one will find a neighborhood filled to the brim with amenities like no other. From the numerous Art Galleries, Museums and outdoor sports venues, to jaw dropping views  at The Edge observation deck in nearby Hudson Yards. There's plenty for everyone including many locally owned eateries, world class shopping, parks, and green spaces on nearby Hudson River waterfront.

 Call or google me today for more details and to set up a VIP showing!

## Property Details

- **Property Type**: Co-op
- **Baths**: 1
- **Rooms**: 3
- **Sqft**: 525 sqft
- **Stories**: 19
- **Year Built**: 1929
- **Price per Sqft**: $1,457
- **Common Charges**: $2,056 / Monthly
- **Listed On**: May 10, 2025
- **Days on Market**: 495 Days

### Residence Features

- Building In Basement
- Building Roof Deck
- Private Outdoor Space Under 60 Sqft
- Dining Area
- Dishwasher
- Washer Dryer Allowed
- City

### Building Amenities

- Sauna

## Estimated Monthly Payment

**$5,924 / month**, assuming a 20% down payment ($153,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $3,868
- **Common Charges**: $2,056

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

## Sales and market data

### Recent sales

38 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 |

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**: $765,000
- **Median sold price**: $575,000
- **Difference**: +$190,000 (+33%)
- **This home, $/ft²**: $1,457
- **Median $/ft²**: $1,170
- **Comparable sales**: 11
- **Sales from**: October 2021 – June 2026
- **Middle half of those sales**: $553,625 – $647,500

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**: 21 days (7 sales)
- **Typical time to close**: 95 days (7 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 | $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 YTD | $542,500 | 19 |

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

Sales data through August 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)

## Price and Property History for 405 West 23RD Street, Unit 15B

Review the recorded listing activity for 405 West 23RD Street, Unit 15B, including asking-price changes and prior market dates.

- **Entered contract**: November 18, 2025
- **Last sold (recorded)**: $1,250,000 on February 24, 2025

| Date | Price | Listing event |
| --- | --- | --- |
| November 18, 2025 | $765,000 | Entered contract |
| November 18, 2025 | $765,000 | Returned to the market |
| May 10, 2025 | $765,000 | Listed for sale by Douglas Elliman Real Estate |
| February 24, 2025 | $1,250,000 | Sold — recorded sale price |
| December 5, 2024 | $1,250,000 | Entered contract |
| October 1, 2024 | $1,295,000 | Listed for sale by Compass |

## About The Building

### London Terrace

Chelsea · Stock Cooperative

465 West 23rd Street, New York, NY 10011

A building in Chelsea, currently featuring 9 active listings.

- **Year Built**: 1932
- **Active Units**: 9
- **Floors**: 19

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/london-terrace)

### Available Residences — For Sale (20)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [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 | 163 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 | 148 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 | 122 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 | 104 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 | 73 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 | 63 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 | 30 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 | 30 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 | 9 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 | 495 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 | 540 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 | 485 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 | 457 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 | 376 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 | 253 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 | 197 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 | 130 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 | 86 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 | 85 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 | 43 days |

### Recently Sold (2)

| 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 |

## 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.