$1,820,000
SOLD JUL 3, 2025
1 Bed
1 Bath
997 Sq Ft
$1,192/mo HOA Fee

Recently Sold

$1,825 Per Sq Ft

4% Below List Price

111 Days on Market

Highlights

  • Concierge
  • 2-minute walk to 23 Street (1,2 Line)
  • Children's Playroom
  • P.S. 11 Sarah J. Garnet School Rated A
  • Rooftop Deck
  • 3-minute walk to Penn South Playground

About This Home

As of July 2025

A stunning renovation of this loft condominium at the famed Chelsea Mercantile features 12'8" ceiling heights and a bright southern exposure to the lush landscaped private garden.

The open kitchen features a marble topped island, lacquer cabinetry, and Wolf / Bosch / Subzero appliances. The charcoal stone bath has an oversized shower and an abundance of storage.

An LED lighting system, new HVAC with wall controls, in-unit Washer Dryer, electric window shades, an enormous walk-in closet, elegant hardwood floors, and a storage cage complete the experience.

Building amenities include a 24 hour doorman and concierge, conference/meeting room, a stunning roof deck, a state of the art gym, and playroom. Whole Foods is just an elevator ride away. There is also a 24 hour parking garage with direct access.

Last Agent to Sell the Property

Stuart Moss

Corcoran Group License #10301200736 Listed on: 02/12/2025

Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,717

Year Built

  • Built in 1908

HOA Fees

  • $1,192 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 997 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Washer Hookup

Additional Features

  • South Facing Home
  • No Cooling
  • Property Views
  • Basement

Listing and Financial Details

  • Legal Lot and Block 1008 / 00774

Community Details

Overview

  • 352 Units
  • High-Rise Condominium
  • Chelsea Mercantile Condos
  • Chelsea Subdivision
  • 19-Story Property

Amenities

  • Concierge
  • Rooftop Deck
  • Courtyard
  • Children's Playroom
  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,717

Year Built

Built in 1908

Lot Details

0

HOA Fees

$1,192 per month

Listing Details

  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Chelsea
  • Entry Level: 3
  • Structure Type: High Rise
  • Pets No Pets Comments: no,Building Pets Allowed Comments:no
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 19

Interior Features

  • Fireplace: No
  • Living Area: 997.0
  • Living Area Units: Square Feet
  • Rooms (Total): 1
  • Basement: Yes
  • Basement: Other

Beds/Baths

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

Exterior Features

  • View: Other
  • View: Yes
  • Exterior Features: Building Courtyard, Building Roof Deck, None, Private Outdoor Space Under 60 Sqft
  • Patio/Porch Features: None

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Other, Washer Hookup, In Unit
  • Green Building Features: Common Playroom, Concierge, Elevator(s), Storage
  • Cooling: Other
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1192.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Building Info

  • New Construction: No
  • Building Name: Chelsea Mercantile
  • Units: 352
  • Total Stories: 19
  • Year Built: 1908

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 00774
  • Tax Lot: 1008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2025
Closed on
Jul 3, 2025
Sold by
Marjorie E Holodnak Trustee and William A Holodnak Irrevocable Trust
Bought by
Meadow Sarah Meredith
Seller's Agent
Stuart Moss
Corcoran Group
List Price
$1,895,000
Sold Price
$1,820,000
Premium/Discount to List
-$75,000
-3.96%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-30.77%

Purchase Details

Closed on
Dec 21, 2012
Sold by
Holodnak William A
Bought by
Marjorie E Holodnak Trustee and William A Holodnak Irrevocable Trust

Purchase Details

Closed on
Jan 22, 2004
Sold by
Michell Albert B
Bought by
Holodnak Marjorie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
5.8%
Source: Public Records

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Range of Values:

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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 $1,820,000 --
Deed -- --
Deed -- --
Deed -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $575,000 No Value Available
Closed $0 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2025 07/03/25 Sold $1,820,000 -4.0% $1,825 / Sq Ft
06/03/2025 06/03/25 Pending -- -- --
02/12/2025 02/12/25 For Sale $1,895,000 -- $1,901 / 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 $18,717 $151,711 $9,179 $142,532
2024 $18,717 $149,715 $9,179 $140,536
2023 $17,928 $146,146 $9,179 $136,967
2022 $19,177 $162,050 $9,179 $152,871
2021 $18,813 $157,352 $9,179 $148,173
2020 $16,538 $176,107 $9,179 $166,928
2019 $15,684 $172,861 $9,179 $163,682
2018 $17,633 $174,155 $9,179 $164,976
2017 $15,852 $143,156 $9,179 $133,977
2016 $14,897 $142,801 $9,179 $133,622
2015 $6,896 $134,119 $9,179 $124,940
2014 $6,896 $126,111 $9,179 $116,932
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20003691

Real Estate Board of New York (REBNY)

APN: 0774-1008