$4,350,000
SOLD OCT 3, 2025
3 Beds
3 Baths
2,386 Sq Ft
$2,591/mo HOA Fee

Recently Sold

$1,823 Per Sq Ft

347 Days on Market

Highlights

  • Valet Parking
  • 2-minute walk to 23 Street (1,2 Line)
  • High Ceiling
  • P.S. 11 Sarah J. Garnet School Rated A
  • Wood Flooring
  • 3-minute walk to Penn South Playground

About This Home

As of February 2023

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 Decor 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.

Last Agent to Sell the Property

Danny Sayegh

Compass License #10301221200 Listed on: 07/15/2024

Compass

Co-Listed By

Jeffrey Dyksterhouse

Compass License #10301203685

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $47,292

Year Built

  • Built in 1908

HOA Fees

  • $2,591 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 10th floor

Interior Spaces

  • 2,386 Sq Ft Home
  • Built-In Features
  • High Ceiling
  • Recessed Lighting
  • Entrance Foyer
  • Wood Flooring
  • Laundry in unit

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Dishwasher
  • Wine Cooler

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Double Vanity
  • Soaking Tub

Utilities

  • Cooling Available
  • No Heating

Listing and Financial Details

  • Legal Lot and Block 1209 / 00774

Community Details

Overview

  • 352 Units
  • Chelsea Subdivision
  • 19-Story Property

Amenities

  • Valet Parking
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$47,292

Year Built

Built in 1908

Lot Details

0

HOA Fees

$2,591 per month

Listing Details

  • Exposures: South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Chelsea
  • Entry Level: 10
  • Structure Type: Mixed Use
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 19

Interior Features

  • Interior Features: Breakfast Bar, Built-in Features, Double Vanity, Entrance Foyer, High Ceilings, Pantry, Recessed Lighting, Soaking Tub, Walk-In Closet(s)
  • Appliances: Dishwasher, Gas Cooktop, Gas Oven, Stainless Steel Appliance(s), Wine Cooler
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 2386.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 3

Exterior Features

  • View: No

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Parking Features: Garage, Valet

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Building Multiple Locations, Common On Floor, Common Area, In Unit
  • Cooling: Other
  • Cooling: Yes
  • Heating: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 2591.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 197.500000x250.000000

Building Info

  • New Construction: No
  • Units: 352
  • Total Stories: 19
  • Year Built: 1908

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 00774
  • Tax Lot: 1209
  • Tax Annual: 47292.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2022
Closed on
Feb 3, 2023
Sold by
Torchia Charlene and Torchia David
Bought by
252 Seventh Avenue 10X Llc
Seller's Agent
Fionn Campbell
Campbell Fionn S
List Price
$4,875,000
Sold Price
$4,875,000
Views
42

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.65%
Original Mortgage
$2,925,000
Outstanding Balance
$2,829,178
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,345,068

Purchase Details

Listed on
Mar 9, 2016
Closed on
Jul 19, 2016
Sold by
Estate Of Susan J Toepfer
Bought by
Torchia Charlene and Torchia David
Seller's Agent
Holly Parker
Compass
List Price
$5,400,000
Sold Price
$4,350,000
Premium/Discount to List
-$1,050,000
-19.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.75%
Original Mortgage
$1,740,000
Interest Rate
3.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 5, 2005
Sold by
Ahmad-Llewellyn Shahara and Ahmad-Llewellyn Bruce Llewellyn
Bought by
Toepfer Susan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,885,000
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase 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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/24/2025 09/24/25 Pending -- -- --
09/24/2025 09/24/25 Off Market $4,595,000 -- --
09/03/2025 09/03/25 Pending -- -- --
09/03/2025 09/03/25 Off Market $4,595,000 -- --
08/20/2025 08/20/25 Pending -- -- --
08/20/2025 08/20/25 Off Market $4,595,000 -- --
08/06/2025 08/06/25 Pending -- -- --
08/06/2025 08/06/25 Off Market $4,595,000 -- --
07/30/2025 07/30/25 Pending -- -- --
07/30/2025 07/30/25 Off Market $4,595,000 -- --
07/23/2025 07/23/25 Pending -- -- --
07/23/2025 07/23/25 Off Market $4,595,000 -- --
07/16/2025 07/16/25 Pending -- -- --
07/16/2025 07/16/25 Off Market $4,595,000 -- --
07/09/2025 07/09/25 Pending -- -- --
07/09/2025 07/09/25 Off Market $4,595,000 -- --
07/02/2025 07/02/25 Pending -- -- --
07/02/2025 07/02/25 Off Market $4,595,000 -- --
06/29/2025 06/29/25 Pending -- -- --
06/22/2025 06/22/25 For Sale $4,595,000 0.0% $1,926 / Sq Ft
06/22/2025 06/22/25 Off Market $4,595,000 -- --
06/01/2025 06/01/25 Price Changed $4,595,000 -2.1% $1,926 / Sq Ft
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 View Prior Sale
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 View Prior Sale
06/15/2016 06/15/16 Pending -- -- --
03/10/2016 03/10/16 For Sale $5,400,000 -- $2,263 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

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
2025 $47,533 $385,272 $23,310 $361,962
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

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10995573

Real Estate Board of New York (REBNY)

APN: 0774-1209