$7,350,000
SOLD APR 14, 2025
5 Beds
3 Baths
3,436 Sq Ft
$3,247/mo HOA Fee

Recently Sold

$2,139 Per Sq Ft

91% Below List Price

105 Days on Market

Highlights

  • Valet Parking
  • 2-minute walk to 23 Street (1,2 Line)
  • Central Air
  • P.S. 11 Sarah J. Garnet School Rated A
  • Security Guard
  • 3-minute walk to Penn South Playground

About This Home

As of April 2025

Helicopter skyline views are yours in this spectacularly iconic penthouse with multiple private terraces.

South-facing, high ceilings, perfectly prewar/renovated with over 1,600 sqft of several outdoor terraces afford sweeping Southern views of the Manhattan skyline at the renowned Chelsea Mercantile. A vast 60-ft long Great Room includes the dining room, separate Chef’s kitchen and breakfast area -- this triplex loft checks every box.

The penthouse's guest bedroom with en-suite bath, perfectly separated for privacy, an enormous walk-in guest closet, vented laundry room with sink and ample storage. On the 2nd level, there are an additional 2 bedrooms (both with incredible Southern views) which share a full bath, plus media room / study with an adjacent 33×24 terrace with dramatic Empire State views. Rising to the 3rd level is a fabulously sumptuous Primary Bedroom at 32 × 10 feet with a sitting area and enormous 35×24 private terrace. This terrace features a glass-enclosed 14×9 meditation room/office with striking birds-eye sunset views.

Designed by AD100 Jordan Carlyle, this trophy home configures as an open column-free plan, highlighting the must-have requirements of the most discerning buyer. The Chelsea Mercantile is known for world-class high security, 24-hour concierge, upgraded amenities, fitness, playroom, and paparazzi-proofed private parking. Whole Foods at the ground level. Quite possibly the most convenient downtown location steps from the newly-reimagined Chelsea Hotel, all major neighborhoods and trains. Moments to Madison Square Park, Hudson Yards, the Avenues School, Midtown and West Chelsea gallery district. Ongoing assessment of $749.52.

Last Agent to Sell the Property

Brian Babst

Compass License #30BA0987133 Listed on: 11/22/2024

Compass

Co-Listed By

Daren Herzberg

Compass License #30HE1012667

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $118,224

Year Built

  • Built in 1908

HOA Fees

  • $3,247 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 3,436 Sq Ft Home
  • Entry on the 1st floor

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Central Air
  • No Heating

Listing and Financial Details

  • Legal Lot and Block 1353 / 00774

Community Details

Overview

  • 352 Units
  • Chelsea Subdivision
  • 19-Story Property

Amenities

  • Valet Parking
  • Laundry Facilities

Security

  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$118,224

Year Built

Built in 1908

Lot Details

0

HOA Fees

$3,247 per month

Listing Details

  • Exposures: North,South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Chelsea
  • Architectural Style: Loft
  • Entry Level: 1
  • Structure Type: Mixed Use
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 19

Interior Features

  • Fireplace: No
  • Living Area: 3436.0
  • Living Area Units: Square Feet
  • Rooms (Total): 10

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 5

Exterior Features

  • View: No
  • Exterior Features: Private Outdoor Space Over 60 Sqft

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
  • Security: Security Guard
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 3247.0
  • 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: 1353
  • Tax Annual: 118224.0

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2025 04/14/25 Sold $7,350,000 -3.3% $2,139 / Sq Ft
03/07/2025 03/07/25 Pending -- -- --
01/13/2025 01/13/25 Price Changed $7,600,000 -90.4% $2,212 / Sq Ft
11/22/2024 11/22/24 For Sale $79,500,000 0.0% $23,137 / Sq Ft
12/08/2022 12/08/22 Rented $22,000 +10.0% --
11/30/2022 11/30/22 Under Contract -- -- --
10/26/2022 10/26/22 Price Changed $19,999 -9.1% $6 / Sq Ft
10/18/2022 10/18/22 Price Changed $22,000 -11.8% $6 / Sq Ft
10/07/2022 10/07/22 Price Changed $24,950 -12.5% $7 / Sq Ft
10/04/2022 10/04/22 For Rent $28,500 +1.8% --
09/22/2022 09/22/22 Rented $28,000 -1.8% --
09/13/2022 09/13/22 For Rent $28,500 0.0% --
09/03/2022 09/03/22 Off Market $28,500 -- --
08/17/2022 08/17/22 Price Changed $28,500 -9.5% $8 / Sq Ft
07/15/2022 07/15/22 For Rent $31,500 0.0% --
04/02/2014 04/02/14 Sold -- -- --
03/03/2014 03/03/14 Pending -- -- --
05/17/2004 05/17/04 For Sale $5,800,000 -- $1,526 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS11022693

Real Estate Board of New York (REBNY)