$3,499,000
$296K PRICE DROP

Estimated payment $22,959/month

Total Views 3,479
3 Beds
2.5 Baths
1,934 Sq Ft
$1,809 Price per Sq Ft

Highlights

  • Valet Parking
  • 2-minute walk to 23 Street (1,2 Line)
  • High Ceiling
  • P.S. 11 Sarah J. Garnet School Rated A
  • Wood Flooring
  • 3-minute walk to Penn South Playground

About This Home

Available for the first time...Welcome to a modern, quiet home and elegant entertaining space in the heart of Chelsea. This spacious 3 bedroom, 2.5 bath condo has been fully renovated with designer finishes and attention to detail. Every element of this 1,934 square foot space with 11’ ceilings has been thoughtfully designed and the layout, proportions, light, and quiet make it a truly rare find. The generously proportioned entry hall provides a warm welcome, and seamlessly separates gathering and entertaining spaces from bedrooms. The large, loft-like living and dining areas with north and west exposures as well as captivating city views feature thoughtfully designed custom cabinetry that provide versatile display and storage space. The expansive open kitchen was meticulously designed for a serious home chef with an open island concept, substantial workspace, abundant storage, JennAir appliances (including a sleek, black interior refrigerator), and caesarstone countertops. Completing the design is a graphic Heath Ceramics tile wall that was featured in House Beautiful. The inviting primary suite was designed with form and function in mind. A comfortable sitting room connects to an oversized bedroom via pocket doors and a vintage stained glass window offering a unique architectural feature to the space. The bedroom has a large walk-in closet and a spacious five fixture bathroom with a double vanity, soaking tub and west-facing window. Work, read or unwind in a warm and enveloping den/office complete with custom shelving & cabinetry that feels far away from the hustle and bustle of New York City. Completing the elegance and appeal of the space are custom lighting and window treatments, California Closets, and a Miele washer & dryer. A space with these proportions, design details, finishes, warmth, and quiet rarely comes on the market. The Chelsea Mercantile is a full-service building with a 24-hour doorman, gym (personal trainers allowed), children's playroom, landscaped roof deck with dining facilities, bike storage, garage access, and more. *A storage cage will transfer to the new owner.

Listing Agent

Ryan Gutleber

Compass License #10401267161 Listed on: 09/12/2025

Compass

Co-Listing Agent

Eric Brown

Compass License #10401240443

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $30,108

Year Built

  • Built in 1908

HOA Fees

  • $2,026 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 9th floor

Interior Spaces

  • 1,934 Sq Ft Home
  • Sound System
  • Built-In Features
  • High Ceiling
  • Recessed Lighting
  • Wood Flooring
  • Laundry in unit

Kitchen

  • Gas Cooktop
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dual Closets
  • Double Vanity
  • Soaking Tub

Utilities

  • Central Air
  • No Heating

Listing and Financial Details

  • Legal Lot and Block 1165 / 00774

Community Details

Overview

  • 352 Units
  • Chelsea Subdivision
  • 19-Story Property

Amenities

  • Valet Parking
  • Laundry Facilities
  • Elevator

Security

  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$30,108

Year Built

Built in 1908

Lot Details

0

HOA Fees

$2,026 per month

Listing Details

  • Exposures: North,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Chelsea
  • Architectural Style: Loft
  • Entry Level: 9
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 19

Interior Features

  • Interior Features: Built-in Features, Double Vanity, High Ceilings, His and Hers Closets, Kitchen Island, Recessed Lighting, Sound System, Soaking Tub, Walk-In Closet(s)
  • Appliances: Cooktop, Gas Cooktop, Gas Oven, Stainless Steel Appliance(s)
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 1934.0
  • Living Area Units: Square Feet
  • Window Features: Double Pane Windows

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Integer: 3
  • Bedrooms: 3

Exterior Features

  • View: No

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Parking Features: Garage, Valet

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Building Multiple Locations, Common On Floor, Common Area, In Unit
  • Security: Security Guard
  • Green Building Features: Elevator(s)
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 2026.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 197.500000x250.000000

Building Info

  • New Construction: No
  • Units: 352
  • Total Stories: 19
  • Year Built: 1908

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 00774
  • Tax Lot: 1165
  • Tax Annual: 30108.0

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
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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 $36,492 $295,780 $17,895 $277,885
2024 $36,492 $291,887 $17,895 $273,992
2023 $28,835 $284,928 $17,895 $267,033
2022 $30,924 $315,936 $17,895 $298,041
2021 $36,678 $306,777 $17,895 $288,882
2020 $32,126 $343,342 $17,895 $325,447
2019 $30,577 $337,012 $17,895 $319,117
2018 $34,377 $339,536 $17,895 $321,641
2017 $30,906 $279,099 $17,896 $261,203
2016 $29,045 $278,407 $17,895 $260,512
2015 $13,444 $261,481 $17,896 $243,585
2014 $13,444 $245,868 $17,895 $227,973
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2025 10/15/25 Price Changed $3,499,000 -7.8% $1,809 / Sq Ft
10/04/2025 10/04/25 For Sale $3,795,000 0.0% $1,962 / Sq Ft
10/04/2025 10/04/25 Off Market $3,795,000 -- --
09/12/2025 09/12/25 For Sale $3,795,000 -- $1,962 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Purchase History

Date Type Sale Price Title Company
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $8,963 No Value Available
Source: Public Records

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20048155

Real Estate Board of New York (REBNY)

APN: 0774-1165