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$8,771,000
List Price: $8,950,000
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405 West 23rd Street #PHB
Coop in West Chelsea •  building info
2bd • 2.5ba
Buy with Yoreevo

$8,771,000

List Price

$8,950,000

Key Details
Days on market
2
Last price change
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Estimated payment
$51,094/mo
Taxes
Included in maintenance fees
Maintenance
$8,166/mo
Description
Perched atop iconic London Terrace Towers in the heart of West Chelsea, this exceptional penthouse aerie offers a rare combination of prewar character, contemporary luxury, and extraordinary outdoor living. The residence features soaring ceilings, two bedrooms and two-and-a-half bathrooms, and has been meticulously renovated with museum-quality craftsmanship throughout. Impeccable custom millwork provides thoughtfully concealed storage at every turn, while automated electric blinds and the convenience of an in-unit washer/dryer seamlessly enhance both comfort and functionality. Flanked by expansive terraces facing north, south, east, and west, the home enjoys sweeping open city and water views stretching from the Empire State Building to One World Trade Center and beyond. Heroically scaled steel casement windows flood the space with natural light and elegantly frame its iconic skyline vistas while simultaneously enhancing this unique indoor-outdoor lifestyle offering high above one of Manhattans most vibrant neighborhoods. While spectacular as a standalone home, the opportunity becomes even more remarkable with the potential to acquire the only other apartment on the floor. Designed by the renowned architectural firm Farrar & Watmough and completed in 1930, London Terrace Towers is one of Chelseas most distinguished prewar cooperatives. Residents enjoy an exceptional suite 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. Ideally positioned adjacent to the HighLine and moments from Chelseas world-renowned galleries, acclaimed restaurants, cultural institutions, theater offerings, and countless transportation options, this remarkable penthouse presents a rare opportunity to own a meticulously crafted home with iconic views, expansive terraces, and limitless potential.

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Important Stuff
Washer/Dryer in unit
Doorman
Elevator
Pets allowed
Policies
Pied-a-Terre Allowed
Unit features
Dishwasher
Hardwood floors
Storage Available
Private outdoor space

Terrace

View

City

Building amenities
Services and facilities
Bike Room
Laundry in Building
Parking

Garage

Wellness and recreation
Gym
Swimming Pool
Building info

History
What it'll cost
Purchase price
$8,950,000
Asking Price: $8,950,000
Term
30 Years
Down Payment
$1,790,000 (20%)
Min: 20% (1,790,000)
Rate
6.0 %
Mortgage Amount
$7,160,000
Mortgage Payment
$42,928
Maintenance
$8,166
Estimated Yoreevo rebate
$179,000
Estimated closing cost
$209,000
Total monthly cost $51,094
Buy your dream home with us and get an estimated
$179,000 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Sothebys International Realty

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