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420 W 23rd St, New York, NY, 10011

4beds
2baths
1,600sqft
$1,595,000
$997price/sqft
$9,822/moest. monthly cost
$392,880/yrincome needed

About This Home

New to Market – Prime Chelsea Medical Condominium Layout: Reception, waiting area, exam rooms, offices, lab, kitchen, 2 bathrooms Floor: Ground floor Ideal for: Medical practice Dental office Therapy / wellness Professional office Owner user or long-term tenant Introducing a spacious 1,600 sq. ft. medical condominium located in the heart of Chelsea on bustling West 23rd Street — one of the neighborhood’s main east-west arteries with exceptional foot traffic and accessibility. This beautifully renovated, turnkey office features: An outstanding opportunity to lease in a highly desirable, high-visibility location. Call today to schedule a private showing and to discuss the practice opportunity. hide full description Policies Pets allowed Home features Central air View Skyline Building amenities Services and facilities Bike room Doorman Full-time Elevator Laundry in building Wellness and recreation No info on wellness and recreation This Chelsea elevator building offers a full time doorman to greet guests and receive packages and laundry is in the building. The idyllic location offers easy access to the 23rd Street A/C/E subway station and all of the local shopping, eateries, and nightlife that you already know and those still waiting to be discovered. ***Sorry no pets.*** Email us to setup a private tour of this beautiful Chelsea abode.

Getting Around

99
WalkingWalker's Paradise
100
TransitRider's Paradise
95
BikeBiker's Paradise

Construction

Condition

  • Year built: 1985

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Cooling

  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,600
  • Total interior livable area: 1,600 sqft

Property

Details

  • Special condition: Resale

Features

  • Has view: Yes
  • View description: City

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingVery High
  • Cold Wave
    Cold WaveRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hurricane
    HurricaneModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Inland Flooding
Cold Wave
Heat Wave
Strong Wind
Winter Weather
Hurricane
Tsunami

FEMA Declared Disasters in New York County and New York

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $8,065$96,780
Home Insurance *$550$6,600
Property Taxes $943$11,316
Electricity $264$3,172
Total$9,822$117,864
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$336,754/yr
40% on housing$294,660/yr
45% on housing$261,920/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 2.0%
2.0%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$997This listing

vs Other Active Listings

Avg $/sqft

ZIP 10011$1,886
New York County$1,488

vs Homes Sold Last Month

Median $/sqft

ZIP 10011$1,286
New York County$1,203

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-24Listed for sale$1,699,000

For Sale by Agent

AgentElliot Bogod
BrokerageA & I Broadway

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