New York (Chelsea), NY, 10011 | $1,395,000

Perched on the 5th floor with only one neighboring unit, 5A is a haven of quiet privacy which has been lovingly occupied by the same owner for 40 years. Infuse this apartment with your personal style, and ensure your home is truly yours. Your vision of city living is at your disposal. The apartment features ample sunlight, thanks to oversized windows that perfectly frame captivating cityscapes. The open-concept kitchen offers endless possibilities for both culinary creativity and casual gatherings. The living room flows seamlessly into a cozy dining alcove, providing ample space for a large sofa, entertainment setup, and an elegant dining table—perfect for hosting. The primary bedroom easily accommodates a king-size bed and additional furniture, complemented by generous closet space that will delight any wardrobe enthusiast. The second bedroom offers versatility, easily transforming into a home office or guest room to suit your needs. On a practical note, there is a dedicated laundry closet and separate walk-in closet ensuring your storage needs are properly addressed. 240 West 23rd Street is a loft-like gem that boasts seven stories, 18 exclusive units, and a ground-floor bank. Amenities include a video mobile-friendly intercom system, key-lock elevator, part-time super, laundry room, bike and individual storage units included with each apartment. Buyer’s flip tax is equal to two months maintenance towards the coop’s reserve fund.

Features

  • Town: New York
  • Levels: 7
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 1 full
  • Lot Size: 38.170000x98.750000
  • Laundry: Building Washer Dryer Install Allowed,Common On Floor,Common Area,In Unit
  • Year Built: 1920
  • Common Charge: $2,274 Monthly
  • Approx Sq. Feet: 1,200
  • Est. Taxes: $0
  • Pet Policy: Building Yes,Cats OK,Dogs OK
  • Appliances: Dishwasher,Gas Cooktop,Gas Oven
  • MLS#: RLS11030222
  • Days on Market: 63 days
  • Website: https://www.raveis.com
    /prop/RLS11030222/240w23rdstreet_newyork_ny?source=qrflyer
Copyright © 2025  The Real Estate Board of New York, Inc., All rights reserved
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 Compass   Phone: (212) 913-9058

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

New York (Chelsea), NY, 10011

$1,395,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@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 $1,116,000 $1,116,000 $1,116,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.375% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.599% 6.472% 6.032%
Monthly Tax Payment $0 $0 $0
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,337 $6,962 $9,342
Total Monthly Payment $6,462 $7,087 $9,467

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.