The Arcadia

The Arcadia is a Co-op located 240 West 23rd Street, in Chelsea, New York. The building was first built in 1920 and is 104 years old. It was first renovated and altered in 1984. The lot that the building was built on is 38 feet wide and 99 feet long. The official lot area is listed as 3,769 square feet. The building itself is 38 feet wide and 98 feet long. In total, 240 West 23rd Street has a total floor area of 24,378 square feet. Of that, 21,878 square feet are used for residential purposes. About 2,500 square feet of the building are used for commercial purposes. There are a total of 19 units. Of those, 18 are residential units. There is one commercial unit. 240 West 23rd Street has a total of 8 floors. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? There are many great amenities and features for residents in the building. For your convenience, laundry is located in the building. Better yet, washer and dryers are allowed in each unit. Love to bike? Store your bike in the building's bike storage rather than your own apartment. Don't forget to take full advantage of the roof deck where you can soak up some sun during summer or host a get together with your friends and family. Alternatively, take a stroll around the building's courtyard and garden. Both dogs and cats are allowed in the building! There are 42 closings on record, of which we have matching data for 2 listings. In the past 3 years, a listing in this building will typically remain on the market for about 234 days Meaning, listings tend to sell at a median of $1,512 price per square foot. The transaction that took the longest to complete was unit PH7C, listed on Nov 28, 2017 for $2,800,000. This particular unit ultimately sold 234 days later for $2,425,000. The most recent transaction was for unit 34B, sold for $1,722,600 on Feb 18, 2022. Fun fact, the oldest transaction we have on record took place on Mar 31, 1975. See the full transaction history for The Arcadia below.

Chelsea, where 240 West 23rd Street is located, has a median asking price of $750,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $2,495,000. For interested buyers, that means the building's median asking price is around 2.33% above the neighborhood's median asking price for co-ops. A buyer may therefore end up paying more for a unit in this building compared to other co-op buildings in the neighborhood.

There are currently 3 active listings for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. Currently, the most expensive asking price for all of the active units in the building is $2,850,000. It is a 3 bedroom and 2 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $1,250,000. It is a 915 sqft 2 bedroom and 1 bathroom unit. A breakdown of active listings shows 2 two-bedroom, 1 three-bedroom, units for sale! The median price of all the active units for sale in the building is $2,685,000. Active units for sale at 240 West 23rd Street are mostly 2-bedroom apartments Active units for sale at 240 West 23rd Street have a median count of 2 bedrooms and have a median count of 2 bathrooms.