405 West 23rd Street, #4E, New York (Chelsea), NY, 10011 | $1,325,000

One Bed in Chelsea Plucked Straight Out of Paris

Welcome home to this beautiful Parisian sanctuary on one of the most desirable blocks in the heart of Chelsea. On the corner of 9th Avenue and 23rd Street, apartment 4E at 405 West 23rd has been completely gut renovated and redesigned by Andre Mellone at Studio Mellone with not one detail overlooked or expense spared.

From the large entry foyer with an oversized coat closet, enter the southern- and eastern-facing corner living room. Custom built-ins span one side of the living room, while a designated dining area which comfortably seats 10 flanks the other. Just off the dining area, the kitchen features black Calacatta marble, a Miele appliance package complete with dishwasher, Waterworks fixtures, and custom cabinetry.

The windowed bathroom-directly off the foyer and facing south-features a double sink marble vanity, Waterworks fixtures, and elegant deep blue subway tile. While the oversized bedroom has a huge walk-in closet, two large windows looking south onto 23rd Street, and comfortably fits a king bed with bedside tables and room to spare.

The apartment also features hardwood floors throughout, nine oversized casement windows, and through-wall air conditioning. Pre-war details have been maintained through the coffered ceilings and trim detailing. All of these features create a perfectly modern apartment with an aura of timeless sophistication.

405 West 23rd Street in the London Terrace Towers is an iconic pre-war elevator coop with full-time doorman, an on-site resident manager, swimming pool, health club (with saunas & steam room), parking garage, roof deck, courtyard gardens, laundry, bike room, and storage. Gas, electric, pool, steam room, and sauna, are all included in the maintenance, while the gym and the parking garage are managed by a third party. Co-purchasing, gifting, and pied-a-terre are all allowed. Subletting is allowed after one year of ownership. The 2% flip tax is split evenly between the buyer and the seller.

Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 19
  • Amenities: Bike Room; Garage; Garden; Health Club; Pool; Sauna; Steam Room; Laundry Room; Roof Deck; Common Storage For A Fee;
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Complex: London Terrace Towers
  • Year Built: 1930
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: No
  • Building Access : Elevator
  • Health Club: Yes
  • Service Level: Full Time Doorman
  • Doorman: Yes
  • LobbyAttendant: FullTime
  • OLR#: RPLU21923255453
  • Days on Market: 7 days
  • Website: https://www.raveis.com
    /prop/RPLU21923255453/405west23rdstreet_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Brown Harris Stevens

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

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405 West 23rd Street, #4E, New York (Chelsea), NY, 10011

$1,325,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,060,000 $1,060,000 $1,060,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.250% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.850% 6.360% 5.930%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,936 $6,527 $8,802
Total Monthly Payment $6,061 $6,652 $8,927

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.