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 WEST 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 perfect 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.
83 days
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178
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3
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Zillow last checked:
Listing updated:
Listed by:
Douglas Elliman917-763-3472,
Bruce-Wayne Solomon
Source: StreetEasy,MLS#: S1824963
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 0
Bathrooms: 1
Full bathrooms: 1
Rooms
Room types: Bike Room
Appliances
Included: Dishwasher
Laundry: Inside
Features
Flooring: Hardwood
Has fireplace: No
Interior area
Total structure area: 530
Total interior livable area: 530 sqft
Property
Parking
Parking features: Garage
Has garage: Yes
Accessibility
Accessibility features: Wheelchair Access
Features
Patio & porch: Other
Exterior features: Garden
Pool features: Swimming Pool
Has view: Yes
View description: Garden
Details
Parcel number: 0072110625L02
Special conditions: Resale
Construction
Type & style
Home type: Cooperative
Property subtype: Coop
Condition
Year built: 1932
Community & HOA
Community
Features: Doorman, Full Time Doorman
Security: Doorman, Full-Time Doorman
Subdivision: West Chelsea
HOA
Has HOA: Yes
Amenities included: Laundry, Roof Deck, Fitness Center, Elevator(s)
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.