$2,600,000
OPEN FRI 12:30PM - 1:30PM $200K PRICE DROP

Estimated payment $17,565/month

Total Views 7,652
2 Beds
2 Baths
1,563 Sq Ft
$1,663 Price per Sq Ft

Highlights

  • Rooftop Deck
  • 2-minute walk to 23 Street (1,2 Line)
  • 49,375 Sq Ft lot
  • P.S. 11 Sarah J. Garnet School Rated A
  • City View
  • 3-minute walk to Penn South Playground

About This Home

RESIDENCE
Atop one of Chelsea’s premier full-service Condominiums, this expansive 1-bedroom + home office residence offers an exceptional opportunity to experience classic downtown loft living with modern elegance and open city views. Apartment 12Q spans a generous 1,563 SF+ footprint, the home is defined by its soaring 13-foot ceilings, exposed brick details, and a thoughtful layout that balances playful openness with purposeful design.

Anchoring the home is a dramatic and expansive living area — ideal for both entertaining and everyday living — featuring custom built-ins that add warmth and character to the grand scale of the space. These beautiful built-ins feature a stunning and massive "sliding art door" to hide the TV as well as provide a fireplace for a cozy and romantic atmosphere. Hardwood floors run throughout the home adding natural texture and richness.

The enormous, chef-grade kitchen has been sleekly updated with high- end finishes, custom cabinetry, and premium appliances, blending seamlessly into the living and dining area for a clean, contemporary aesthetic that doesn’t compromise on function.

An abundantly-proportioned primary suite offers a quiet, private retreat from the busy city below. This bedroom boasts its own ensuite 5-fixture bathroom, featuring exquisite marble finishes, a double sink, separated bathtub and shower, allowing for a spa-like experience in the comfort of your own home. The separate home office provides exceptional versatility — perfect for a guest room, remote work, or a creative studio.

BUILDING
Set in the prestigious Chelsea Mercantile, an exceptional full-service building, residents enjoy 24-hour doorman and concierge services, attentive staff, and premium amenities, all in the cultural heart of Chelsea. Come home to this gorgeous condominium featuring a striking limestone facade and a beautifully detailed Moroccan-tiled rotunda that sets an elegant tone upon entry. The grand prewar lobby features rich hues and intricate mosaic terrazzo flooring, celebrating its storied past while offering a warm welcome.

Residents enjoy a full suite of luxury amenities including a 24-hour doorman, concierge, laundry valet service, on-site storage, a fully equipped fitness center, a children’s playroom, and a 10,000-square- foot landscaped roof deck with panoramic views stretching to the Statue of Liberty. For added convenience, a parking garage is accessible directly from the lobby, making city living effortless and refined.

Surrounded by world-renowned galleries, the High Line, Hudson Yards, and top-tier dining, this home pairs architectural character with contemporary comfort and urban sophistication.

An extraordinary offering for the refined condo buyer seeking scale, service, and style in one of Manhattan’s most dynamic and engaging neighborhoods.

Please note there is an ongoing $337.32/mo capital reserve assessment for the roof work.

*Represents current apartment configuration, which may not conform to official legal documentation. Purchasers should consult with their legal or architectural professionals to determine legal use parameters.

Listing Agent

Joshua Judge

Sothebys International Realty License #30JU0980159 Listed on: 05/29/2025

Sothebys International Realty

Co-Listing Agent

Samantha Sitinas

Sothebys International Realty License #10401360963

Open House Schedule

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $27,828

Year Built

  • Built in 1907

HOA Fees

  • $1,461 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Pre War Building
  • Entry on the 12th floor

Interior Spaces

  • 1,563 Sq Ft Home
  • Furnished or left unfurnished upon request
  • Wood Flooring
  • Dishwasher
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • South Facing Home
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 7501 / 00774

Community Details

Overview

  • 352 Units
  • The Chelsea Mercantile Condos
  • Chelsea Subdivision
  • 21-Story Property

Amenities

  • Rooftop Deck

Property Details

Home Type

Condominium

Est. Annual Taxes

$27,828

Year Built

Built in 1907

Lot Details

0

HOA Fees

$1,461 per month

Listing Details

  • Exposures: South
  • Property SubType: Loft
  • Property Type: Residential
  • Neighborhood: Chelsea
  • Architectural Style: Prewar, Loft
  • Entry Level: 12
  • Structure Type: None
  • Special Features: OpenHouse
  • Property Sub Type: Condos
  • Stories: 21

Interior Features

  • Appliances: Dishwasher
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 1563.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Roof Deck

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Common On Floor, In Unit
  • Green Building Features: Elevator(s)
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1461.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Association: No
  • Common Interest: Condominium

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 49375.0
  • Lot Size Dimensions: 197.5 x 250.0

Building Info

  • New Construction: No
  • Building Name: The Chelsea Mercantile
  • Units: 352
  • Total Stories: 21
  • Year Built: 1907

Rental Info

  • Furnished: Negotiable

Tax Info

  • Tax Block: 00774
  • Tax Lot: 7501
  • Tax Annual: 27828.0

Multi Family

  • Building Area Units: Square Feet

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
2025 $27,470 $222,652 $13,471 $209,181
2024 $27,470 $219,722 $13,471 $206,251
2023 $21,706 $214,483 $13,471 $201,012
2022 $23,278 $237,825 $13,471 $224,354
2021 $27,610 $230,930 $13,471 $217,459
2020 $24,184 $258,456 $13,471 $244,985
2019 $22,800 $253,691 $13,471 $240,220
2018 $25,878 $255,591 $13,472 $242,119
2017 $23,265 $210,096 $13,472 $196,624
2016 $21,864 $209,575 $13,471 $196,104
2015 $10,120 $196,833 $13,471 $183,362
2014 $10,120 $185,081 $13,472 $171,609
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2025 10/07/25 Price Changed $2,600,000 -4.6% $1,663 / Sq Ft
09/03/2025 09/03/25 Price Changed $2,725,000 -2.7% $1,743 / Sq Ft
05/29/2025 05/29/25 For Sale $2,800,000 -- $1,791 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Purchase History

Date Type Sale Price Title Company
Deed -- --
Deed $1,720,000 --
Bargain Sale Deed $1,175,000 First American Title
Source: Public Records

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20027402

Real Estate Board of New York (REBNY)

APN: 0774-1256