$2,275,000
PENDING

Estimated payment $14,872/month

Total Views 3,167
1 Bed
2 Baths
1,478 Sq Ft
$1,539 Price per Sq Ft

Highlights

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

About This Home

Bask in wonderful natural light and exquisite designer style in this one-bedroom, two-bathroom loft showplace featuring an expansive layout, iconic views and an enviable location within the revered, full-service Chelsea Mercantile condominium. Spanning nearly 1,500 square feet, this spacious and bright home greets you with 10.5-foot-tall ceilings that soar above, chic designer lighting, hardwood floors, wide art walls and huge south-facing windows. A gracious foyer flanked by a coat closet ushers you into the massive great room, the perfect setting for relaxing and entertaining alongside original columns and open-sky views that skim across the neighboring historic rooftops. The open Elie kitchen elevates every culinary adventure with sleek cabinetry and upscale appliances including a Gaggenau cooktop, Sub-Zero refrigerator and Miele dishwasher. Glass doors reveal the spacious and sunny bedroom suite where you'll find an oversized walk-in closet and a soothing en suite bathroom featuring a soaking tub, glass shower and floating vanity. A second full bathroom completes the elegant layout of this turnkey Chelsea sanctuary. Built in 1908, The Chelsea Mercantile condominium had a storied past housing The NationalCloak and Suit Company and Veterans Administration. Today, residents of the pet-friendly, prewar building enjoy a grand rotunda lobby, 24-hour doorman/concierge service, valet cleaning service, storage, a fitness center, children's playroom, a 10,000-square-foot landscaped roof deck with sweeping views, and a parking garage accessible from the lobby. This fine home is surrounded by everything that makes the Chelsea lifestyle so desirable. Fantastic restaurants and nightlife hotspots line the nearby streets, and foodies will love having Whole Foods right downstairs and Trader Joe's, Eataly and Fairway Market all within blocks. Explore legendary Chelsea galleries and entertainment venues, and revel in the spectacular outdoor space and recreation at Madison Square Park, The High Line, Hudson River Park and Chelsea Piers. Nearby A/C/E, 1 and L trains, excellent bus service and CitiBikes put the rest of the city within easy reach. There is an ongoing capital assessment of $306.12 and a special assessment of $862.80 until June 2025 for roof replacement, elevator modernization, roof amenity and energy compliance.

Listing Agent

Edward Freiberg

Compass Listed on: 02/29/2024

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $26,392

Home Design

  • 1,478 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Rooftop Deck

Community Details

Overview

  • Chelsea Community

Amenities

  • Doorman
  • Laundry Facilities
  • Elevator

Recreation

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$26,392

Lot Details

0

Listing Details

  • BuildingCommunityGym: Yes
  • BuildingCommunityLaundry: Yes
  • BuildingCommunityPetsAllowed: Yes
  • BuildingDoorman: Yes
  • BuildingRooftop: Yes
  • Building Style: Elevator
  • HamletID: 0
  • InteriorAmps: 0
  • LandFrontageInFeet: 0
  • LandRentAmount: 0
  • Number Of Stories: 0
  • PercentageOfTaxThatIsDeductable: 0
  • PropertyCity: New York
  • Prop. Type: Condo
  • PropertyZipCode: 10001
  • PropertyZoneType: 0
  • Renovation Year: 0
  • Walk In Closet: Yes
  • SForSaleAndRForRental: S
  • USStateAbbreviation: NY
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • BasementAreaSquareFootage: 0
  • Fireplaces: 0
  • Number of Rooms: 3
  • AboveArea Sq Ft: 1478

Garage/Parking

  • AttachedParking: 0
  • Numberof Garage Spaces: 0

Utilities

  • Utilities: 0

Condo/Co-op/Association

  • HOA Fees: 1327
  • Units in Building: 0

Schools

  • School District: 000000
  • School District: 000000

Lot Info

  • Number Of Lots: 0

Multi Family

  • Unit Number of Bedrooms: 1
  • Total Taxes: 0

Tax Info

  • Tax Year: 0

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 $26,392 $211,103 $12,944 $198,159
2023 $25,279 $206,070 $12,944 $193,126
2022 $22,365 $228,496 $12,944 $215,552
2021 $26,527 $221,872 $12,944 $208,928
2020 $23,450 $248,317 $12,944 $235,373
2019 $22,114 $243,739 $12,944 $230,795
2018 $24,863 $245,564 $12,944 $232,620
2017 $22,352 $201,854 $12,944 $188,910
2016 $21,006 $201,354 $12,943 $188,411
2015 $9,723 $189,112 $12,944 $176,168
2014 $9,723 $177,819 $12,943 $164,876
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2025 06/22/25 Pending -- -- --
06/22/2025 06/22/25 Off Market $2,275,000 -- --
06/15/2025 06/15/25 Pending -- -- --
06/15/2025 06/15/25 Off Market $2,275,000 -- --
06/08/2025 06/08/25 Pending -- -- --
06/08/2025 06/08/25 Off Market $2,275,000 -- --
06/01/2025 06/01/25 Pending -- -- --
06/01/2025 06/01/25 Off Market $2,275,000 -- --
05/18/2025 05/18/25 Pending -- -- --
05/18/2025 05/18/25 Off Market $2,275,000 -- --
04/27/2025 04/27/25 Pending -- -- --
04/27/2025 04/27/25 Off Market $2,275,000 -- --
04/20/2025 04/20/25 Pending -- -- --
04/14/2025 04/14/25 For Sale $2,275,000 0.0% $1,539 / Sq Ft
04/14/2025 04/14/25 Off Market $2,275,000 -- --
04/07/2025 04/07/25 For Sale $2,275,000 0.0% $1,539 / Sq Ft
04/07/2025 04/07/25 Off Market $2,275,000 -- --
03/24/2025 03/24/25 For Sale $2,275,000 0.0% $1,539 / Sq Ft
03/24/2025 03/24/25 Off Market $2,275,000 -- --
02/29/2024 02/29/24 For Sale $2,275,000 -- $1,539 / Sq Ft
Source: NY State MLS

Purchase History

Date Type Sale Price Title Company
Deed -- --
Deed -- --
Deed $2,200,000 --
Deed $2,200,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $12,200 No Value Available
Previous Owner $440,000 Purchase Money Mortgage
Previous Owner $100,000 No Value Available
Previous Owner $5,764 No Value Available
Previous Owner $572,000 Purchase Money Mortgage
Source: Public Records

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Source: NY State MLS

MLS Number: 11435958

NY State MLS

APN: 0774-1181