460 W 23rd Street #1A
About This Property
This beautiful home located one flight up features 13' ceilings, hardwood floors, exposed brick throughout and new insulated windows. Relax in the large living room alongside a wood-burning fireplace with chic solid bronze tile, and enjoy the convenience of a separate flex space perfect for a home office, den or nursery with Poliform doors and floor-to-ceiling storage.
Chefs will love the well-appointed kitchen featuring a Bosch dishwasher, a vented GE convection range and a GE side-by-side refrigerator with ice and water in the door. Lefroy Brooks fixtures and a coffered ceiling add high style to the space. A spiral staircase leads to a full-height sleeping loft with 6'2" ceilings and a huge 12 x 4 walk-in closet.
The bathroom features a walk-in marble shower, a Restoration Hardware medicine cabinet and vanity, a Duravit sink and Kohler fixtures.
Upgrades in this home include video keypad entry, dimmable recessed lighting with Lutron controls, through-wall A/C and a convenient TV mount electrical in place.
Located within the Chelsea Historic District, 458-460 West 23rd Street is an Italianate building constructed in the mid-1850s. The boutique, pet-friendly co-op offers a planted forecourt, intercom entry and a bike room. Pieds-a-terre, co-purchasing, parents buying for children, gifting and subletting are permitted with board approval.
In this prime location, you're surrounded by the best of Chelsea's vibrant amenities and residential quality of life. The High Line is less than a block away, with Chelsea Piers, Little Island and 500-acre Hudson River Park further on. Chelsea Market, Whole Foods, Trader Joe's and Eataly provide endless culinary delights, while the Whitney and numerous galleries deliver a feast for the eyes. Transportation is effortless thanks to A/C/E, 1/2 and PATH trains, excellent bus service and CitiBike stations all nearby.
*There is an assessment of $473/mo. till March 2025
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Sep 25, 2024 | Sold | ||
Sold | |||
Jun 8, 2024 | In contract | - | |
In contract | |||
May 3, 2024 | Listed by Compass | $650,000 | |
Listed by Compass | |||
Sep 25, 2006 | Sold to Jillian M Browder | ||
Sold to Jillian M Browder |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
05/03/2024
|
1 Bed
|
1 Bath
|
-
|
$650,000
1 Bed
1 Bath
|
$680,000
+4.62%
09/25/2024
|
-
|
Hoffman Hildreth
Compass
| |
09/12/2023
|
1 Bed
|
1 Bath
|
-
|
$650,000
1 Bed
1 Bath
|
$650,000
12/29/2023
|
-
|
Brandon Trentham
Town Residential
| |
05/25/2021
|
Studio
|
1 Bath
|
-
|
$500,000
Studio
1 Bath
|
$550,000
+10.00%
10/07/2021
|
-
|
Sydney Blumstein
The Corcoran Group
| |
04/11/2019
|
1 Bed
|
1 Bath
|
-
|
$695,000
1 Bed
1 Bath
|
$745,000
+7.19%
06/18/2019
|
-
|
Mitchell J Seligman
Brown Harris Stevens Residential Sales LLC
| |
07/25/2015
|
1 Bed
|
1 Bath
|
575 ft²
|
$630,000
1 Bed
1 Bath
575 ft²
|
$630,000
11/02/2015
|
-
|
Mark R Schoenfeld
Corcoran Group
| |
07/08/2015
|
1 Bed
|
1 Bath
|
-
|
$600,000
1 Bed
1 Bath
|
$661,000
+10.17%
02/05/2021
|
-
|
Nicholas Helmuth
Corcoran Group
|
Building Info
