$2,695,000
$90K PRICE DROP

Estimated payment $18,444/month

Total Views 4,091
1 Bed
2 Baths
1,508 Sq Ft
$1,787 Price per Sq Ft

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

This $1,508 sqft , south facing loft is characterized by its expansive open space, high ceilings and oversized windows through which beautiful southern light enhances its volume. The look and feel is that of a Soho art gallery but transplanted into a full-serviced luxury condominium with views of the iconic Chelsea Hotel. The great room, which measures 22x34, is dramatic in scale and showcases built-in cabinets by Poliform. The large open kitchen with 8 foot island accentuates the volume of the loft. The upgraded appliance package includes a refrigerator and wine cooler by Sub-Zero, cooking range and dishwasher by Viking and washer/ dryer by Miele. The countertop and back splash are by Ceasarstone.The primary bedroom showcases three oversized windows, and large walk-in closet that has been outfitted with custom cabinetry. The bedroom is large enough to accommodate a desk/ work station or an intimate seating agreement. The five fixture, en-suite primary bath has double sinks and generous counter top space. There is a second full bath that can also function as spacious powder room. This is the perfect home for an art collector/artist or for someone who wants a piede-a-tiere or primary residence in a classic loft but with services and amenities not often found in smaller pre-war buildings.

Listing Agent

Fionn Campbell

Campbell Fionn S License #35CA0945045 Listed on: 04/14/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $24,756

Year Built

  • Built in 1908

HOA Fees

  • $1,325 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 1,508 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer Dryer Allowed
  • Washer Hookup

Utilities

  • No Cooling

Listing and Financial Details

  • Legal Lot and Block 1104 / 00774

Community Details

Overview

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

Amenities

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$24,756

Year Built

Built in 1908

Lot Details

0

HOA Fees

$1,325 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Chelsea
  • Entry Level: 6
  • Structure Type: High Rise
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 19

Interior Features

  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area: 1508.0
  • Living Area Units: Square Feet
  • Rooms (Total): 1
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 1

Exterior Features

  • View: No
  • Exterior Features: 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, Storage
  • Cooling: Other
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1325.0
  • 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: 1104

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 $24,756 $200,334 $12,283 $188,051
2023 $19,556 $195,557 $12,283 $183,274
2022 $20,930 $216,840 $12,283 $204,557
2021 $24,872 $210,553 $12,283 $198,270
2020 $22,041 $235,649 $12,283 $223,366
2019 $20,744 $231,305 $12,283 $219,022
2018 $23,298 $233,037 $12,283 $220,754
2017 $20,993 $191,556 $12,283 $179,273
2016 $19,630 $191,082 $12,283 $178,799
2015 $9,047 $179,465 $12,284 $167,181
2014 $9,047 $168,748 $12,283 $156,465
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2025 05/27/25 Price Changed $2,695,000 -3.2% $1,787 / Sq Ft
04/14/2025 04/14/25 For Sale $2,785,000 -- $1,847 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Mortgage History

Date Status Loan Amount Loan Type
Open $400,000 No Value Available
Source: Public Records

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20016335

Real Estate Board of New York (REBNY)

APN: 0774-1104