465 West 23rd Street
New York, NY 10011
flip tax: 2% Paid By Buyer
NO BOARD APPROVAL ALCOVE STUDIO - Finally the coveted “J” layout is available at 465 West 23rd Street at London Terrace - Chelsea’s premier address. Taking advantage of its location at the end of the hallway this residence boasts the largest alcove when compared to other alcove studios in the cooperative. Facing due south this apartment is sun-flooded all day and the Owner will enjoy unobstructed views over Chelsea’s Historic District, the new development along 10th Avenue, as well as the High Line Park. This property is offered in estate condition and will require a renovation. When done the new Owner will have a wonderful space at which to call home with a windowed kitchen, updated bath, large alcove sleep space, and ample storage.
London Terrace Towers is composed of four corner buildings occupying both Ninth and Tenth Avenues between West 23rd and West 24th Streets in the heart of West Chelsea. An impressive array of building amenities include full-time lobby attendants, a half Olympic-sized heated indoor pool, private health club, steam rooms, saunas, roof deck, bike rooms, laundry facilities, and basement storage. A prime Chelsea location puts residents near the Hudson River Park, High Line Park and Chelsea Piers recreation center. It is convenient to the neighborhood’s seemingly endless collection of restaurants, clubs, and art galleries and has made London Terrace Towers a premier choice for downtown living.
Originally completed in 1930, the Towers became a co-operative corporation in 1988. (The buildings in the middle of the block remained as rental apartments and became known as London Terrace Gardens, which is a separate and independent building.)
London Terrace Towers cooperative allows guarantors and co-purchasing, 80% financing, and is pet friendly. Unlimited subletting subject to board approval and fee is allowed after 1 full year of ownership. Flip Tax: Not Applicable in this Sale. Assessment of $3,138. Payable in monthly installments is in place from July 1, 2019 – December 1, 2020.