$4,695,000
$555K PRICE DROP

Estimated payment $29,990/month

Total Views 8,020
3 Beds
3 Baths
2,386 Sq Ft
$1,968 Price per Sq Ft

Highlights

  • Doorman
  • 2-minute walk to 23 Street (1,2 Line)
  • Rooftop Deck
  • P.S. 11 Sarah J. Garnet School Rated A
  • Fitness Center
  • 3-minute walk to Penn South Playground

About This Home

NEW PRICE!! Chelsea Mercantile Triple Mint Renovation Highly Desired Floorplan 3 Bedroom + Windowed Bonus Room 3 Full Bath Grand Entry Foyer Southern, Western and Northern Exposures Unobstructed Views of The Chelsea Hotel Apartment Features: Highly Desired and Largest Floorplan in this Category Distinct Separation Between Private and Communal Areas 3 Bedrooms 3 Full Bathrooms Grand Foyer Windowed Home Office/Library/TV Den w/ Floor to Ceiling Rift Grey Oak Pocket Doors Oversized Windows Hunter Douglas Remote Controlled Blinds Open Southern, Western, and Northern Exposures Amazing Light Year Round Unobstructed Landmark Views of The Chelsea Hotel 11 Ceilings Espresso Matte Finished Hardwood Floors W/D in unit Closets, Closets & Closets!! 2,386 square feet Living Room/Dining Room: 33' x 16' Corner Loft-like Living/Dining Room 4 Oversized Windows Open Southern and Western Exposures Direct views of the Landmarked Chelsea Hotel Kitchen: Open Kitchen White Industrial Glass Cabinets - Double Hung to Full Ceiling Height Premium White Composite Countertops Storage Galore! Large Walk-in Pantry Wine Cooler S/S Appliances by Subzero, Miele and Viking Breakfast Bar Primary Bedroom w/ Ensuite 5-fixture Windowed Bath: Oversized Corner Bedroom 3 Oversized Windows Northern and Western Exposures Custom Walk-in Closet Ensuite Bath Free Standing Soaking Tub Large Western Facing Window Separate Oversized Walk-in Shower Double Vanity Large Scale Tiles Fixtures are by Vola and Robern Two Additional Large Bedrooms North Facing 2 Oversized Windows per Room Custom Closets Second Full Bath w/ Tub Third Full Bath Functions as an Elegant Powder Room Clad in Stone Panels Free Standing Stone Pedestal Sink Custom Mill-work Soft yet Dramatic Lighting Private Storage Unit Included Chelsea Mercantile Amenities: Grand Prewar Lobby w/ Timely Mosaic D cor and Terrazzo Floors 24hr Doorman/Concierge Fitness Center 10,000 sf Landscaped Roof Terrace (Currently Undergoing a Major Renovation) Live-in Resident Manager - Full Maintenance Staff Valet & Maid Services On-Site Dry Cleaning Parking Garage - Accessed Directly Through the Main Lobby Children's Playroom Conference Room Whole Foods Market Pet Friendly - Woof! Woof! Meow! Meow! The Chelsea Mercantile was originally built in 1908 as a woolens manufacturing building and converted in 2000 to the luxurious condominium building it is today. Conveniently located in the center of Chelsea between Nomad and Hudson Yards, and in close proximity to the world's leading contemporary art galleries of West Chelsea, The Highline Park, Greenwich Village, Union Square, Flatiron, a multitude of restaurants, nightlife, retail, and all public transportation. *All Showings By Appointment Only* Common Charges of $2,591.42 include the ongoing capital assessment of $486.15 Taxes Do Not Reflect 17.5% Co-op / Condo Primary Residence Abatement. Special Assessment: $1,369.80 (Ending June 2025) For Elevator Upgrades and Redesigned 10,000 sf Common Roof Terrace.

Listing Agent

Danny Sayegh

Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $47,533

Year Built

  • 1910

Interior Spaces

  • 2,386 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Outdoor Features

  • Rooftop Deck

Community Details

Overview

  • Chelsea Community

Amenities

  • Doorman
  • Laundry Facilities
  • Elevator

Recreation

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$47,533

Year Built

1910

Lot Details

0

Listing Details

  • BuildingCommunityGym: Yes
  • BuildingCommunityLaundry: Yes
  • BuildingCommunityPetsAllowed: Yes
  • BuildingDoorman: Yes
  • BuildingRooftop: Yes
  • Building Style: Elevator
  • InteriorAmps: 0
  • LastPriceValue: 4.75E6
  • Number Of Stories: 0
  • PercentageOfTaxThatIsDeductable: 0
  • PropertyCity: New York
  • Prop. Type: Condo
  • PropertyZipCode: 10001
  • Walk In Closet: Yes
  • SForSaleAndRForRental: S
  • USStateAbbreviation: NY
  • ViewCity: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0
  • Year Built: 1910

Interior Features

  • Fireplaces: 0
  • Number of Rooms: 6
  • AboveArea Sq Ft: 2386

Garage/Parking

  • Numberof Garage Spaces: 0

Utilities

  • Utilities: 0

Condo/Co-op/Association

  • HOA Fees: 2591
  • Units in Building: 0

Schools

  • School District: 000000
  • School District: 000000

Lot Info

  • Number Of Lots: 0

Multi Family

  • Unit Number of Bedrooms: 3

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $47,533 $380,202 $23,310 $356,892
2023 $45,527 $371,136 $23,310 $347,826
2022 $40,280 $411,526 $23,310 $388,216
2021 $47,775 $399,596 $23,310 $376,286
2020 $42,286 $447,224 $23,310 $423,914
2019 $39,829 $438,980 $23,310 $415,670
2016 $37,833 $362,643 $23,310 $339,333
2015 $11,675 $340,595 $23,310 $317,285
2014 $11,675 $320,258 $23,310 $296,948
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2025 04/30/25 Price Changed $4,695,000 -1.2% $1,968 / Sq Ft
03/20/2025 03/20/25 Price Changed $4,750,000 -2.1% $1,991 / Sq Ft
02/25/2025 02/25/25 Price Changed $4,850,000 -2.9% $2,033 / Sq Ft
01/14/2025 01/14/25 Price Changed $4,995,000 -4.9% $2,093 / Sq Ft
01/08/2025 01/08/25 For Sale $5,250,000 0.0% $2,200 / Sq Ft
01/08/2025 01/08/25 Off Market $5,250,000 -- --
01/01/2025 01/01/25 For Sale $5,250,000 0.0% $2,200 / Sq Ft
01/01/2025 01/01/25 Off Market $5,250,000 -- --
12/18/2024 12/18/24 For Sale $5,250,000 0.0% $2,200 / Sq Ft
12/16/2024 12/16/24 Off Market $5,250,000 -- --
07/15/2024 07/15/24 For Sale $5,250,000 0.0% $2,200 / Sq Ft
06/28/2023 06/28/23 Rented $19,500 0.0% --
03/12/2023 03/12/23 Off Market $4,875,000 -- --
02/16/2023 02/16/23 For Rent $19,500 0.0% --
02/03/2023 02/03/23 Sold $4,875,000 0.0% $2,043 / Sq Ft
10/19/2022 10/19/22 For Sale $4,875,000 +12.1% $2,043 / Sq Ft
07/15/2016 07/15/16 Sold $4,350,000 -19.4% $1,823 / Sq Ft
06/15/2016 06/15/16 Pending -- -- --
03/10/2016 03/10/16 For Sale $5,400,000 -- $2,263 / Sq Ft
Source: NY State MLS

Deed History

Date Type Sale Price Title Company
Deed $4,875,000 --
Deed $4,350,000 --
Deed $2,900,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,925,000 Purchase Money Mortgage
Previous Owner $1,740,000 Purchase Money Mortgage
Previous Owner $1,885,000 Purchase Money Mortgage
Source: Public Records

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Source: NY State MLS

MLS Number: 11386710

NY State MLS

APN: 0774-1209