$2,860,000
SOLD NOV 4, 2025
2 Beds
2 Baths
2,269 Sq Ft
$2,611/mo HOA Fee

Recently Sold

$1,260 Per Sq Ft

5% Below List Price

15 Days on Market

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

As of November 2025

Apartment 9R is a 2,269 sq. ft. 2-bedroom, 2-bathroom loft at the renowned Chelsea Mercantile, combining historic character with modern loft living. Apartment highlights:
• Oversized layout with 2,269 sq. ft.
• Soaring 11’ beamed ceilings and natural white oak floors
• Wall-to-wall western-facing windows overlooking the courtyard (bright and pin-drop quiet)
• Expansive 38’ x 21’ open living/dining room with chef’s kitchen
• Kitchen recently updated with quartz countertops, backsplash, and oversized island
• Two very large bedrooms, both with huge walk-in closets
• Primary suite with dressing area and en-suite bathroom
• Second oversized bedroom with walk-in closet
• Spacious 13’ x 8’ utility room (ideal for home office or storage) Building amenities:
• Iconic prewar building with rich history (former National Cloak and Suit Company headquarters)
• 24-hour doorman, concierge, and valet service
• On-site parking and Whole Foods Market
• Fitness center and children’s playroom
• Sprawling rooftop deck with panoramic city views
• Unbeatable Chelsea location near the High Line, Chelsea Market, Madison Square Park, and world-class dining and shopping, with multiple subway lines (1/F/M/C/E) moments away. Pets welcome.

Last Agent to Sell the Property

Bobby Larrea

Compass License #10401311269 Listed on: 09/09/2025

Compass

Co-Listed By

Stephen Ferrara

Compass License #10401243834

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $30,420

Year Built

  • Built in 1908

Lot Details

  • West Facing Home

HOA Fees

  • $2,611 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 9th floor

Interior Spaces

  • 2,269 Sq Ft Home
  • High Ceiling
  • Recessed Lighting
  • Wood Flooring

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Central Air
  • No Heating

Listing and Financial Details

  • Legal Lot and Block 1187 / 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

$30,420

Year Built

Built in 1908

Lot Details

0

HOA Fees

$2,611 per month

Listing Details

  • Exposures: West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Chelsea
  • Entry Level: 9
  • Structure Type: Mixed Use
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 19

Interior Features

  • Interior Features: High Ceilings, Kitchen Island, Recessed Lighting, Walk-In Closet(s)
  • Appliances: Cooktop, Dryer, Dishwasher, Gas Cooktop, Stainless Steel Appliance(s), Washer
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 2269.0
  • Living Area Units: Square Feet

Beds/Baths

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

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: 2611.0
  • 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: 1187
  • Tax Annual: 30420.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2025
Closed on
Nov 4, 2025
Sold by
Alexandra Guarnaschelli Trust Dated Apri and Alexandra Guarnaschelli As Trustee
Bought by
Lutzner Erika
Seller's Agent
Bobby Larrea
Compass
List Price
$2,995,000
Sold Price
$2,860,000
Premium/Discount to List
-$135,000
-4.51%
Views
10
Current Estimated Value
$2,823,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$36,056
Avg. Annual Appreciation
-4.95%

Purchase Details

Closed on
Oct 6, 2023
Sold by
Guarnaschelli Alexandra
Bought by
Alexandra Guarnaschelli As Trustee and The Alexandra Guarnaschelli Trust

Purchase Details

Listed on
Feb 10, 2023
Closed on
May 11, 2023
Sold by
Metters Morgan
Bought by
Guarnaschelli Alexandra
Seller's Agent
Aren Ebrahimi
Compass
List Price
$3,000,000
Sold Price
$2,999,999
Premium/Discount to List
-$1
0.0%
Views
113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.18%
Original Mortgage
$2,399,999
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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 $2,860,000 --
Deed -- --
Deed $2,999,999 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,399,999 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/04/2025 11/04/25 Sold $2,860,000 -4.5% $1,260 / Sq Ft
10/04/2025 10/04/25 Off Market $2,995,000 -- --
09/24/2025 09/24/25 Pending -- -- --
09/09/2025 09/09/25 For Sale $2,995,000 -0.2% $1,320 / Sq Ft
05/11/2023 05/11/23 Sold $2,999,999 0.0% $1,322 / Sq Ft View Prior Sale
03/21/2023 03/21/23 Pending -- -- --
02/10/2023 02/10/23 For Sale $3,000,000 0.0% $1,322 / Sq Ft
11/29/2018 11/29/18 Rented -- -- --
10/30/2018 10/30/18 Under Contract -- -- --
07/18/2018 07/18/18 For Rent $9,900 -16.8% --
10/03/2014 10/03/14 Rented -- -- --
09/03/2014 09/03/14 Under Contract -- -- --
07/22/2014 07/22/14 For Rent $11,900 -- --
Source: Real Estate Board of New York (REBNY)

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 $30,028 $243,388 $14,726 $228,662
2024 $30,028 $240,185 $14,726 $225,459
2023 $23,728 $234,458 $14,726 $219,732
2022 $25,446 $259,974 $14,726 $245,248
2021 $30,181 $252,437 $14,726 $237,711
2020 $26,713 $282,526 $14,726 $267,800
2019 $25,161 $277,317 $14,726 $262,591
2018 $28,288 $279,393 $14,725 $264,668
2017 $25,431 $229,661 $14,726 $214,935
2016 $23,900 $229,093 $14,726 $214,367
2015 $10,883 $215,164 $14,726 $200,438
2014 $10,883 $202,317 $14,726 $187,591
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20047027

Real Estate Board of New York (REBNY)

APN: 0774-1187