---
title: "405 West 23rd Street #PHB, New York, NY 10011"
description: "405 West 23rd Street #PHB, New York, NY 10011 — NYC real estate listing on Real Estate Rebate Team. Priced at $8,950,000. Est. potential buyer savings up to $223,750 (subject to buyer-broker compensation received, lender approval, and applicable law)."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10011/405-west-23rd-street-phb-PHB-ny-10011"
source: "Real Estate Rebate Team"
---

# 405 West 23rd Street #PHB, New York, NY 10011

> **Listing Courtesy of:** Sothebys International Realty

## Description

Perched atop iconic London Terrace Towers in the heart of West Chelsea, this exceptional penthouse aerie offers a rare combination of prewar character, contemporary luxury, and extraordinary outdoor living. The residence features soaring ceilings, two bedrooms and two-and-a-half bathrooms, and has been meticulously renovated with museum-quality craftsmanship throughout. Impeccable custom millwork provides thoughtfully concealed storage at every turn, while automated electric blinds and the convenience of an in-unit washer/dryer seamlessly enhance both comfort and functionality.

Flanked by expansive terraces facing north, south, east, and west, the home enjoys sweeping open city and water views stretching from the Empire State Building to One World Trade Center and beyond. Heroically scaled steel casement windows flood the space with natural light and elegantly frame its iconic skyline vistas while simultaneously enhancing this unique indoor-outdoor lifestyle offering high above one of Manhattan’s most vibrant neighborhoods.

While spectacular as a standalone home, the opportunity becomes even more remarkable with the potential to acquire the only other apartment on the floor.

Designed by the renowned architectural firm Farrar & Watmough and completed in 1930, London Terrace Towers is one of Chelsea’s most distinguished prewar cooperatives. Residents enjoy an exceptional suite of amenities, including a state-of-the-art fitness center, heated indoor swimming pool, sauna, steam room, beautifully landscaped private gardens, rooftop deck, bicycle storage, laundry facilities, and an on-site parking garage.

Ideally positioned adjacent to the High Line and moments from Chelsea’s world-renowned galleries, acclaimed restaurants, cultural institutions, theater offerings, and countless transportation options, this remarkable penthouse presents a rare opportunity to own a meticulously crafted home with iconic views, expansive terraces, and limitless potential.

## Property Details

- **Price**: $8,950,000
- **Potential Buyer Rebate**: $223,750
- **Bedrooms**: 2
- **Bathrooms**: 2 full, 1 half
- **Living Area**: 668,258 sqft
- **Property Type**: Residential
- **Year Built**: 1930
- **Building**: London Terrace Towers
- **Neighbourhood**: Chelsea
- **Area / Borough**: Manhattan
- **Subdivision**: Chelsea
- **Listing Office**: Sothebys International Realty
- **State**: NY

## Estimated Potential Buyer Savings

Real Estate Rebate Team estimates potential buyer savings of up to **$223,750** at closing.

*Estimated by Real Estate Rebate Team. Subject to buyer-broker compensation received, lender approval, transaction terms, and applicable law. Not all listings qualify.*

## Related Links

- [Building details](https://realestaterebatesnewyork.com/buildings//buildings/new-york-city/manhattan/london-terrace-towers)
- [Neighbourhood guide](https://realestaterebatesnewyork.com/neighborhoods//neighborhoods/new-york-city/manhattan/chelsea)
- [Calculate your exact cash back and book a showing here](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Regis Roumila for more details](https://realestaterebatesnewyork.com/contact)

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> This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

> 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.