Buy with Yoreevo
$577,450
List Price: $585,000
Share Listing
Save Listing
405 West 23rd Street #2D
Coop in West Chelsea •  building info
1bd • 1ba
Buy with Yoreevo

$577,450

List Price

$585,000

Key Details
Days on market
7
Last price change
loading...
Estimated payment
$4,022
Monthly taxes
N/A
Monthly maintenance
$1,216
Description
Bright, Stylish Junior One-Bedroom in Iconic London Terrace Towers with Low Maintenance! 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. 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. 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. 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. 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.

Read Less

Important Stuff
Elevator
Full Time Doorman
Cats and Dogs allowed
Listing Amenities
Storage Available
Hardwood floors
City View
Dishwasher
Building Amenities
Swimming Pool
Bike Room
Gym
Package Room
Gifts Allowed
Live In Super
Fios Available
Garage Parking
Parking Available
Laundry in Building
Outdoor Space
Roof Deck
Coop Rules
Sublets Allowed
Gaurantor Permitted
Co-purchase Allowed
Parents Buying Allowed
Pied-a-Terre Allowed
Building info

History
What it'll cost
Purchase price
$585,000
Asking Price: $585,000
Term
30 Years
Down Payment
$117,000 (20%)
Min: 20% (117,000)
Rate
6.0 %
Mortgage Amount
$468,000
Mortgage Payment
$2,806
Maintenance
$1,216
Estimated Yoreevo rebate
$7,550
Estimated closing cost
$7,000
Total monthly cost $4,022
Buy your dream home with us and get an estimated $7,550 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Serhant

IDX information is provided exclusively for consumers' personal, noncommercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 REBNY listing service, Inc all rights reserved.

RLS IDX Data display by Yoreevo.