$1,695,000
SOLD APR 11, 2025
1 Bed
1 Bath
979 Sq Ft
$828/mo HOA Fee

Recently Sold

$1,731 Per Sq Ft

32 Days on Market

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

As of April 2025

7L has been totally transformed to maximize the most in space and functionality. The ceiling has been raised and the wall separating the kitchen from the living/ dining areas has been removed. The overall feel is that of a much brighter and spacious loft. The higher ceiling in the kitchen has allowed for double stacked overhead cabinets. The prospective from the foyer is no longer obstructed so oversized windows are on full display and light is more evenly distributed throughout. All doors are custom made to a height of 9 feet which accentuates the 11-foot ceiling. In the evening, the loft appears even more dramatic as elegant, dark-brown oak floors are highlighted by a considered lighting plan. Window treatments are motorized and there is significant closet space that was added during the renovation. This loft comes with private storage in the building.

Last Agent to Sell the Property

Fionn Campbell

Campbell Fionn S License #35CA0945045 Listed on: 01/01/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,408

Year Built

  • Built in 1908

HOA Fees

  • $828 Monthly HOA Fees

Parking

  • Garage

Interior Spaces

  • 979 Sq Ft Home
  • Washer Dryer Allowed

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • East Facing Home
  • No Cooling

Listing and Financial Details

  • Legal Lot and Block 1121 / 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

$14,408

Year Built

Built in 1908

Lot Details

0

HOA Fees

$828 per month

Listing Details

  • Exposures: East
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Chelsea
  • Entry Level: 7
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 19

Interior Features

  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area: 979.0
  • Living Area Units: Square Feet
  • Rooms (Total): 2
  • Basement: No
  • Basement: Other

Beds/Baths

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

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Roof Deck, None
  • Patio/Porch Features: None

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Other
  • Green Building Features: Common Playroom, Concierge, Storage
  • Cooling: Other
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 828.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

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: 1121

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2025
Closed on
Apr 1, 2025
Sold by
Torchia Charlene and Torchia David A
Bought by
Millington Manuela and The 2014 Manuela R Millington Family Tr
Seller's Agent
Fionn Campbell
Campbell Fionn S
List Price
$1,695,000
Sold Price
$1,695,000
Current Estimated Value
$1,599,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$95,477
Avg. Annual Appreciation
-21.54%

Purchase Details

Closed on
Feb 11, 2013
Sold by
Lee Benjamin and Lee Julia
Bought by
Torchia Charlene and Torchia David A

Purchase Details

Closed on
Jul 19, 2007
Sold by
Gerson Michelle
Bought by
Lee Benjamin and Lee Julia

Purchase Details

Closed on
Oct 20, 2003
Sold by
Jimenez Roque and Miller Donald
Bought by
Gerson Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage
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 $1,615,000 --
Deed $1,325,000 --
Deed $1,325,000 --
Deed $1,200,000 --
Deed $1,200,000 --
Deed $755,000 --
Deed $755,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $450,000 No Value Available
Previous Owner $560,000 Purchase Money Mortgage
Previous Owner $50,000 No Value Available
Previous Owner $13,800 No Value Available
Previous Owner $290,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2025 04/11/25 Sold $1,695,000 0.0% $1,731 / Sq Ft
02/02/2025 02/02/25 Pending -- -- --
01/01/2025 01/01/25 For Sale $1,695,000 -- $1,731 / 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 $14,408 $116,778 $7,066 $109,712
2024 $14,408 $115,242 $7,066 $108,176
2023 $13,800 $112,494 $7,066 $105,428
2022 $12,209 $124,736 $7,066 $117,670
2021 $14,481 $121,120 $7,066 $114,054
2020 $12,817 $135,556 $7,066 $128,490
2019 $12,072 $133,057 $7,066 $125,991
2018 $13,572 $134,054 $7,066 $126,988
2017 $12,202 $110,192 $7,066 $103,126
2016 $11,467 $109,919 $7,066 $102,853
2015 $5,128 $103,236 $7,066 $96,170
2014 $5,128 $97,072 $7,066 $90,006
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20016306

Real Estate Board of New York (REBNY)

APN: 0774-1121