170 W 23rd Street 5M
Manhattan, NY, 10011 $ 700,000
Bedrooms1 Baths1.0 Monthly Estimate*
$ 4,835
for $700,000 with 1 bedroom and 1 full bath. This condo was built in 1973.
Why buy a co-oр when уou сan οwn а Chеlsea condο аt thіѕ prіce? Residence 5M at 170 West 23rd Street offers one of the most compelling values for a true one-bedroom condominium in Chelsea. Asking just $700,000, this bright, move-in-ready home combines the flexibility of condo ownership, private outdoor space, open city views, and a prime location in the heart of one of Manhattan’s most desirable neighborhoods. The thoughtfully designed layout is filled with natural light from multiple windows, while the private balcony creates a rare extension of the living space and a place to enjoy the surrounding cityscape. For an end user, this is an opportunity to own in an exceptionally convenient Chelsea location surrounded by restaurants, shopping, galleries, parks, and transportation. For an investor, condominium ownership provides added flexibility in a neighborhood with consistently strong rental demand. The Chelsea 7th Condominium is a full-service building with a 24-hour doorman, live-in superintendent, on-site laundry, bike storage, and an attached garage. The building is also wired for FIOS and permits guarantors and corporate purchasers. Located moments from Trader Joe’s, Whole Foods, the High Line, Madison Square Park, the 1, F/M, C/E and PATH trains, Residence 5M offers an increasingly rare combination: a true one-bedroom Chelsea condo, private outdoor space, and an asking price of just $700,000. Monthly assessment: $36.82
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List ByMichael S MeierListing Agent
Sothebys International RealtyBroker
Affordability Calculator
- Monthly Principal & Interest
- $4,835
- Monthly Property Taxes
- $1,191
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Average List Price $4,224,709
Percent of Sale Price 504%
About Manhattan, NY 1,662,179 Population
8% Since 2002
$ 86,055 Median Income
39.14 Median Age
16% Households with Children
Trends Information provided by ATTOM Data Solutions.
0 Elementary School
0 Middle School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/8/2026 | $700,000 | -4.76% | Price Down |
| 5/12/2026 | $735,000 | -2.00% | Price Down |
| 3/9/2026 | $750,000 | | Listed Price |