405 W 23RD Street Unit 5L, New York, NY 10011

$585,000

Welcome to Residence 5L at 405 West 23rd Street-where prewar pedigree 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… Read More 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. Read Less

Listing Courtesy of: Bruce W Solomon, Douglas Elliman Real Estate

Listing Snapshot

Days Online

Last Updated

May 5, 2026

Property Type

Apartment

Full Baths

Year Built

1929

MLS Number

RLS20088475

30 Days Snapshot Of 10011

$2.79M

-8%

(avg) sold price

-9%

homes sold

Snapshot

Area Map

Additional Details

Building

Entry Level: 5, Features: BikeStorage, IndoorPool, Sauna, SteamRoom, Living Area Units: SquareFeet, Name: London Terrace, Rooms Total: 4, Structure Type: HighRise

Community

Community Features: Sauna

Exterior Features

Patio And Porch Features: None

Interior Features

Interior Features: DiningArea, HighCeilings

Property

Property Sub Type: Apartment, View YN: t, View: Other

Taxes

Tax Block: 00721, Tax Lot: 7501

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405 W 23RD Street Unit 5L

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