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$12,642,000
List Price: $12,900,000
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405 West 23rd Street #PHAB
Coop in West Chelsea •  building info
4bd • 4.5ba
Buy with Yoreevo

$12,642,000

List Price

$12,900,000

Key Details
Days on market
21
Last price change
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Estimated payment
$76,610/mo
Taxes
Included in maintenance fees
Maintenance
$14,736/mo
Description
Presenting a truly once-in-a-generation opportunity to create an extraordinary full-floor penthouse residence atop the iconic London Terrace Towers. Offered together, Penthouse A and Penthouse B provide a rare full-floor presence and the opportunity to seamlessly combine two exceptional homes into a bespoke 4+ bedroom penthouse oasis, crowned by expansive wraparound terraces with breathtaking 360-degree skyline views, subject to review by the purchasers architect and Board approval. Rarely does a residence of this scale become available, offering the coveted combination of full-floor privacy, exceptional outdoor living, and panoramic exposures in one of Chelseas most iconic prewar buildings. The combined offering allows for the creation of a grand-scale home that is both elegant and highly functional, with the privacy and exclusivity typically reserved for the citys finest penthouses. Alternatively, the residences may remain separate, preserving two beautifully appointed two-bedroom, two-bathroom penthouses ideal for guests, extended family, live-work flexibility, or any lifestyle that benefits from privacy while maintaining close connection. Designed by the renowned architectural firm Farrar & Watmough and completed in 1930, London Terrace Towers stands among Chelseas most distinguished prewar cooperatives. Residents enjoy an exceptional collection 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. Perfectly positioned alongside the High Line and moments from Chelseas celebrated galleries, acclaimed dining destinations, cultural institutions, and vibrant theater scene, this remarkable offering presents a rare opportunity to craft a trophy penthouse residence defined by iconic views, expansive outdoor living, full-floor privacy, architectural pedigree, and limitless potential. Penthouse A is available exclusively in conjunction with Penthouse B and is not being offered separately.

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Important Stuff
Washer/Dryer in unit
Elevator
Full Time Doorman
Cats and Dogs allowed
Policies
Gifts Allowed
Sublets Allowed
Gaurantor Permitted
Co-purchase Allowed
Parents Buying Allowed
Pied-a-Terre Allowed
Unit features
Central Air
Dishwasher
Hardwood floors
Storage Available
Private outdoor space

Terrace

View

City, Skyline

Building amenities
Services and facilities
Bike Room
Fios Available
Laundry in Building
Live In Super
Parking

Garage

Wellness and recreation
Gym
Swimming Pool
Shared outdoor space
Roof Deck
Building info

History
What it'll cost
Purchase price
$12,900,000
Asking Price: $12,900,000
Term
30 Years
Down Payment
$2,580,000 (20%)
Min: 20% (2,580,000)
Rate
6.0 %
Mortgage Amount
$10,320,000
Mortgage Payment
$61,874
Maintenance
$14,736
Estimated Yoreevo rebate
$258,000
Estimated closing cost
$427,000
Total monthly cost $76,610
Buy your dream home with us and get an estimated
$258,000 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Sothebys International Realty

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