Description
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 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.
Building Features 18 Floors- Units
Unit Features
$585,000 / $1,063 per ft²
Listed on May 03, 2026
6 Days on Market
Studio / 1 Bath - / 550 ft²
Total Monthly Expenses: $1,770
Exclusively listed with: Douglas Elliman Real Estate Source: RLS
Unit listing history
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