405 W 23RD Street 5L Manhattan, NY $ 585,000
405 W 23RD Street 5L
$ 585,000
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405 W 23RD Street 5L

Manhattan, NY, 10011
$ 585,000
Baths1.0 Sq 550

Monthly Estimate*

$ 3,602

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Studio

Co-Op for sale in Manhattan, NY

for $585,000 with 1 full bath. This 550 square foot home was built in 1929.

Welcome to Reѕidеncе 5L аt 405 Wеѕt 23rd Street-wherе рrеwаr pеdigree meets modern-day West Chelsea living, right at the corner of 9th Avenue in the iconic London Terrace Towers Co-op.

THE BEST VALUE IN CHELSEA-yes, really!

If you've been waiting for the right moment to claim an oversized alcove studio, this might just be it. Tucked at the end of a short hallway, this home offers something rare in the city: genuine privacy and a sense of calm.

From the moment you enter, the details do the talking-beautifully restored steel entry door, original frames, classic radiator covers, and deep window sills to name a few.

Built to last (as all great things should be), the apartment showcases 9'+/- beamed ceilings, concrete + plaster walls, and solid oak plank flooring. A Friedrich 12,500 BTU through-wall AC unit keeps things perfectly cool when the city heats up.

Northern exposures-also known as "artists light"-pour in through three oversized casement windows, framing tranquil views of lush, ivy-draped walls and the interior garden.

The main living space (nearly 14' feet wide) is both generous and functional, featuring custom floor-to-ceiling built-ins-perfect for storage, display, or finally organizing that book collection you swear you'll reread.

The windowed galley kitchen pairs charm with practicality: stone countertops, quality appliances, and original steel-and-glass cabinetry (circa 1930) that feels equal parts vintage and timeless.

And the bathroom? Pure prewar character. Think classic black-and-white mosaic floors, subway-tiled walls, and a deep cast-iron soaking tub that invites you to unwind properly.

Whether you're searching for a intimate pied-à-terre or your very first West Chelsea home, Residence 5L is ready for its next chapter-yours. If Gotham had a Chelsea address, this might be it.

Building amenities (because lifestyle matters):

- 24-hour attended lobby

- Half Olympic-size indoor pool, steam rooms & saunas

- Landscaped roof deck with sweeping skyline, Hudson River, and New Jersey views

- Private fitness center managed by Urban Playground (separate charge)

- Pets welcome

- Unlimited subleasing after two years

London Terrace Towers boasts their own onsite Management office, Live-in Superintendent,+ bike rooms & storage lockers for lease.

You can Google the building's #1 Resident Broker and London Terrace Towers specialist for a VIP tour.

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Co-Op Active

Price

$ 585,000

Bedrooms

Studio

Full Bath

1

Property Type

Co-Op

Taxes

$ 0

Style

Year Built

1929

Town/City

Manhattan

County/Region

New York

MLS | Web ID

RLS20088475

List By
Bruce W Solomon

Listing Agent

Douglas Elliman Real Estate

Broker

(917) 763-3472

Phone

Affordability Calculator

$3,602
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,602
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% 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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Nearby
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
5/3/2026$585,000 Listed Price

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405 W 23RD Street 5L, Manhattan, NY, 10011 is a Co-Op for sale at $585,000 with 550 sqft. 405 W 23RD Street 5L is a studio with 1.0 baths and was built in 1929. The property's zip code is 10011 which is in Manhattan, NY