$2,695,000

Estimated payment $17,620/month

Total Views 1,267
2 Beds
2 Baths
1,531 Sq Ft
$1,760 Price per Sq Ft

Highlights

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

About This Home

Enter into a world of bold design and urban glamour in this rare, loft-style 2-bedroom, 2-bath residence perched on the coveted third floor of the Chelsea Mercantile-where soaring 14-foot ceilings and grandly scaled windows set the stage for dramatic living. Bathed in northern light, this voluminous home seamlessly blends industrial charm with refined elegance.

The spectacular living room is a gallery-worthy space, ideal for showcasing art and hosting in style beneath towering ceilings. An open dining area flows into a chef's dream kitchen, outfitted with sleek stainless steel and marble finishes-perfect for everything from casual brunches to celebratory soir es.

The primary suite is a tranquil retreat, complete with oversized windows, walk-in closet, and luxurious en-suite bath. A second spacious bedroom also features CitiQuiet windows for serene city living. Additional highlights include beautiful hardwood floors, an in-unit washer/dryer, and a private deeded storage bin.

Life at the Chelsea Mercantile is as effortless as it is elevated: Whole Foods is literally downstairs, and a public parking garage is accessible directly from the lobby. You're moments from subways, buses, taxis, and all the cultural treasures Chelsea is famed for-art galleries, the High Line, Chelsea Piers, and more.

Originally built in 1908, this iconic prewar building offers every amenity imaginable: 24-hour doorman/concierge, live-in resident manager, valet service, a state-of-the-art gym, children's playroom, conference room, additional laundry, and a show-stopping 10,000-square-foot roof deck with jaw-dropping 360-degree city views.

Please note: There is an ongoing Capital Assessment of $305.40 for building improvements and a Facade Capital Assessment of $860.77 ending this year.

Listing Agent

Lauren Cangiano

Brown Harris Stevens Residential Sales LLC License #30CA0640675 Listed on: 11/05/2025

Brown Harris Stevens Residential Sales LLC

Co-Listing Agent

Alisha Lloyd Hudson

Brown Harris Stevens Residential Sales LLC License #40LL1103576

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $24,777

Year Built

  • Built in 1908

HOA Fees

  • $1,323 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 1,531 Sq Ft Home
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer Dryer Allowed

Additional Features

  • North Facing Home
  • No Cooling

Listing and Financial Details

  • Legal Lot and Block 0001 / 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
  • Elevator
  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$24,777

Year Built

Built in 1908

Lot Details

0

HOA Fees

$1,323 per month

Listing Details

  • Exposures: North
  • 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

  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area: 1531.0
  • Living Area Units: Square Feet
  • Basement: Yes
  • Basement: Other

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1323.0
  • 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: 0001

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $24,777 $200,829 $12,151 $188,678
2024 $24,777 $198,185 $12,151 $186,034
2023 $19,579 $193,460 $12,151 $181,309
2022 $20,997 $214,514 $12,151 $202,363
2021 $24,903 $208,295 $12,151 $196,144
2020 $26,654 $233,122 $12,151 $220,971
2019 $24,969 $228,824 $12,151 $216,673
2018 $23,341 $230,537 $12,151 $218,386
2017 $20,984 $189,502 $12,151 $177,351
2016 $19,721 $189,032 $12,150 $176,882
2015 $9,128 $177,539 $12,150 $165,389
2014 $9,128 $166,939 $12,151 $154,788
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/05/2025 11/05/25 For Sale $2,695,000 +12.3% $1,760 / Sq Ft
08/20/2021 08/20/21 Sold $2,400,000 0.0% $1,568 / Sq Ft View Prior Sale
06/23/2021 06/23/21 Pending -- -- --
05/30/2021 05/30/21 For Sale $2,400,000 0.0% $1,568 / Sq Ft
02/14/2012 02/14/12 Rented -- -- --
01/15/2012 01/15/12 Under Contract -- -- --
01/05/2012 01/05/12 For Rent $7,950 -- --
Source: Real Estate Board of New York (REBNY)

Purchase History

Date Type Sale Price Title Company
Deed $2,400,000 --
Deed $2,400,000 --
Deed -- --
Deed -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Deed $1,311,750 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $702,000 Purchase Money Mortgage
Previous Owner $931,000 Purchase Money Mortgage
Previous Owner $0 Purchase Money Mortgage
Source: Public Records

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20058264

Real Estate Board of New York (REBNY)

APN: 0774-1011