$1,595,000
PENDING $95K PRICE DROP

Estimated payment $11,158/month

Total Views 8,051
1 Bed
1 Bath
1,001 Sq Ft
$1,593 Price per Sq Ft

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

The Chelsea Merchantile's Best Value-  Seeing is believing!!  Perched on a high floor with unobstructed eastern city views yielding gorgeous all-day eastern natural sunlight, this pristine loft is ideal for both living and entertaining. The ample living space offers room for dining for 12 without sacrificing a formal seating/entertaining area, a workstation, or a home library. The spacious home leaves no space wasted and is highlighted by dramatic 11-foot ceilings, hardwood flooring, oversized double-pane tilt-and-turn windows, abundant customized closets, and a perfect private sleeping area with dual closets.The meticulously renovated open chef's kitchen is finished with custom cabinetry at every turn, Caesarstone countertops / oversized breakfast bar, tiled backsplash, not to mention top-of-the-line appliances, including Sub-Zero fridge, Wolf range and hood, Miele dishwasher, and an authentic oversized castiron sink with garbage disposal. The renovated bathroom has an oversized shower, marble vanity, and Hansgrohe and Duravit fixtures. Rounding out this amazing home is centralized heating/cooling, ample customized closets and a deeded private storage cage that conveys with the sale.  The Chelsea Mercantile Condominium is a full-service building with 24-hour doorman and concierge, a newly renovated 10,000-square foot roof deck with spectacular views of the city, a fully-equipped fitness center, playroom, meeting room, maid and valet services, laundry on the floor, parking garage accessible through the building and a Whole Foods downstairs. It is centrally located, close to transportation, galleries, restaurants, shopping and The Highline Park.

Listing Agent

Eric Marrus

Compass License #10301201602 Listed on: 04/15/2024

Compass

Co-Listing Agent

Phyllis Goldberg

Compass License #10401247137

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,716

Year Built

  • Built in 1910

Lot Details

  • East Facing Home
  • Garden

HOA Fees

  • $880 Monthly HOA Fees

Parking

  • Garage

Interior Spaces

  • 1,001 Sq Ft Home
  • High Ceiling
  • Recessed Lighting
  • Wood Flooring
  • Trash Compactor

Bedrooms and Bathrooms

  • 1 Bedroom
  • Dual Closets
  • 1 Full Bathroom

Additional Features

  • Courtyard
  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 1251 / 00774

Community Details

Overview

  • 352 Units
  • Chelsea Subdivision
  • 19-Story Property

Amenities

  • Valet Parking
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,716

Year Built

Built in 1910

Lot Details

0

HOA Fees

$880 per month

Listing Details

  • Exposures: East
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Chelsea
  • Entry Level: 12
  • Structure Type: Mixed Use
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 19

Interior Features

  • Interior Features: High Ceilings, His and Hers Closets, Recessed Lighting
  • Appliances: Stainless Steel Appliance(s), Trash Compactor
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 1001.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Exterior Features

  • Exterior Features: Courtyard, Garden

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
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Central
  • Heating: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 880.0
  • 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: 1910

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 00774
  • Tax Lot: 1251
  • Tax Annual: 16716.0

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 $16,966 $135,709 $8,321 $127,388
2023 $16,250 $132,473 $8,321 $124,152
2022 $14,378 $146,890 $8,321 $138,569
2021 $17,053 $142,631 $8,321 $134,310
2020 $15,093 $159,632 $8,321 $151,311
2019 $14,216 $156,689 $8,321 $148,368
2018 $15,983 $157,862 $8,321 $149,541
2017 $14,369 $129,763 $8,321 $121,442
2016 $13,504 $129,442 $8,321 $121,121
2015 $6,250 $121,572 $8,321 $113,251
2014 $6,250 $114,312 $8,321 $105,991
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2024 08/27/24 Pending -- -- --
06/05/2024 06/05/24 Price Changed $1,595,000 -3.0% $1,593 / Sq Ft
05/14/2024 05/14/24 Price Changed $1,645,000 -2.7% $1,643 / Sq Ft
04/15/2024 04/15/24 For Sale $1,690,000 0.0% $1,688 / Sq Ft
10/02/2020 10/02/20 Rented -- -- --
09/02/2020 09/02/20 Under Contract -- -- --
08/14/2020 08/14/20 For Rent $5,400 -- --
Source: Real Estate Board of New York (REBNY)

Purchase History

Date Type Sale Price Title Company
Deed $1,475,000 --
Deed $1,615,000 --
Deed $1,615,000 --
Deed -- --
Deed -- --
Deed $997,000 --
Deed $997,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,180,000 Purchase Money Mortgage
Previous Owner $1,115,000 Purchase Money Mortgage
Previous Owner $506,310 No Value Available
Previous Owner $499,000 No Value Available
Closed $68,000 No Value Available
Source: Public Records

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10964879

Real Estate Board of New York (REBNY)

APN: 0774-1251