All data provided by Home Junction and Claritas
$585,000
$6,947*
Closing Credit
405 W 23rd St Unit 2D, New York$585,000
Buyer Closing Credits
$6,947*
1.25% Loan Amount
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1 (855) 200-2001About 405 W 23rd St Unit 2D
<p>Bright, Stylish Junior One-Bedroom in Iconic London Terrace Towers with Low Maintenance!</p> <p>This beautifully converted junior one-bedroom in the historic London Terrace Towers is the perfect blend of pre-war charm and modern convenience. The space has been thoughtfully designed to maintain an open, airy feel with privacy and separation for the kitchen, work from home, the living space and bedroom. There is ample closet space - a large bedroom closet with a custom storage system spans the entire wall, plus 2 additional closets outside the kitchen in the living space, both incredibly deep. With large east-facing windows, this home is bathed in natural light throughout the day, offering peaceful sky views and lush trees overlooking 9th Avenue and 23rd Street.</p> <p>The apartment features elegant hardwood floors that enhance the warm, rich aesthetic of the home. Recent updates include a new air conditioning unit installed in 2024, and a new large Whirlpool refrigerator installed in 2022. This open-concept kitchen features all full-size appliances, the oven / stove and the dishwasher, and there is still ample cabinet space and a dedicated shelf for the microwave. Currently there is a cabinet under the bar outside the kitchen, but you will see we included a virtual renovation showing the easy conversion to a breakfast bar with stools. The spa-inspired bathroom offers a deep soaking tub, a Duravit sink, and contemporary finishes, providing a tranquil retreat from the hustle and bustle of the city.</p> <p>Apartment 2D is just waiting to welcome you home. With one of the lowest maintenance fees in the building, your monthly maintenance includes heat, water, and gas. The shareholder receives an electricity submetering credit of $31.77 monthly, which typically covers the cost each month, give or take a few dollars. Taking into account the credit, $1,216.12 approximates the final monthly out-of-pocket expense that is listed. Don't miss this one-of-a-kind piece of the Big Apple in the best location in Chelsea.</p> <p>Beyond the apartment, London Terrace Towers offers an unparalleled lifestyle. This historic treasure is an affordable yet luxurious place to call home. Residents enjoy access to a beautifully renovated sundeck-open all day until midnight-offering spectacular city views. The iconic half-Olympic-sized heated swimming pool, sauna and steam rooms are available free for residents. There is a state-of-the-art gym offered at an incredibly low annual rate.</p> <p>Recent building improvements include elevator modernization and replacement, as well as the completion of Local Law 11 work earlier this year, ensuring the building is in excellent condition for years to come. There are no assessments, and financing is permitted at 80%. Additional amenities include 24-hour doorman service, live-in-super, 24/7 laundry facilities, affordable storage units with no wait list (small fee), bike storage, convenient package reception and a parking garage (separate management and fee). This architectural work of art is pet friendly and allows co-purchasing, gifting, guarantors, parents buying, pied- -terre and subletting. There is a 2% flip tax split evenly between the buyer and the seller. Fun fact: London Terrace Towers, in particular the basement and the pool, has made appearances in tv shows such as The Americans & Blacklist. London Terrace Towers is situated in vibrant West Chelsea, just seconds away from the High Line, with top-tier restaurants, shopping, and transportation options, making it a prime location for city living. Whether you're looking for a primary or part time residence, this exceptional junior one-bedroom offers unmatched value and style in one of New York City's most sought-after buildings. Your new West Chelsea Manhattan adventure awaits.</p>
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Interior Information:
Bedroom and Bathroom Information:
Exterior Information:
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City
Med. Sold Price
$850.1K
Med. Price/SqFt
$667
Avg. Days On Market
85
# of Sold Homes
1747
405 W 23rd St Unit 2D vs New York
59 DAYS ON ROCKET
-26 Days
$585,000
-$265.1K Less
KEY TAKEAWAY
This property is $265.1K less than the Median Sold Price in New York, NY.
Based on homes sold in the last 12 months
MLS Information:
Listing Office:
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Last updated on: 12/22/2024, 10:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$4,203
Per Month
$2,920
$0
$0
$67
$1,216
$0
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,820
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Nearby Schools
P.S. 33 Chelsea Prep School
281 9th Ave
Distance between this listing and this school0.17 miles
Public District Grades PK-5
P.S. 11 William T. Harris School
320 W 21st St
Distance between this listing and this school0.18 miles
Public District Grades KG-5
Sixth Avenue Elementary School
64 W 17th St
Distance between this listing and this school0.64 miles
Public District Grades PK-3
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Rocket Homes›New York›New York›10011›405 W 23rd St Unit 2D
This home is located at 405 W 23rd St Unit 2D in New York City, NY and zip code 10011 in the Chelsea neighborhood. This home was built in 1930. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since October 24, 2024 and is currently priced at $585,000.
While more than 220 listings in New York, NY in November 2024 were sold above asking price, there were more than 769 listings sold at asking price, and more than 758 were sold below. The number of listings in New York, NY decreased by 7.2% between October 2024 and November 2024. While the average time on the market in November 2024 was 85 days, the median list price was $850,115.
From Rocket Homes Real Estate and based on county public records data.