NOT LISTED FOR SALE
3 Beds
3.5 Baths
2,575 Sq Ft
$2,058/mo HOA Fee

Last Sold May 18, 2023

Last sale price $7,100,000 $2,757 Per Sq Ft

133 Days on Market

Highlights

  • Rooftop Deck
  • 2-minute walk to 23 Street (1,2 Line)
  • 49,375 Sq Ft lot
  • P.S. 11 Sarah J. Garnet School Rated A
  • City View
  • 3-minute walk to Penn South Playground

About This Home

As of May 2023

Penthouse W is an exceptional 3 bedroom, 3.5 bath duplex (currently configured as a 2 bedroom with custom milled office), with over 3,800 square feet of breathtaking indoor and outdoor living space. This one-of-a-kind penthouse, in the highly desirable Chelsea Mercantile Condominium, has incredible South-West exposures, an expansive corner roof terrace, renovated finishes and a thoughtful, open floor plan,

Upon entering the main entry foyer, one finds a large open-concept living and dining room that flows to the kitchen, customized with refinished hardwood flooring and gallery lighting throughout. The lofty ceiling heights soar over 10 feet and oversized windows bathe the space with natural light. Impressive views to the South of the famed Hotel Chelsea in the foreground, all the way down to the Statue of Liberty are simply incredible! The dining/kitchen area is complete with four expansive UV-protected windows, beautiful custom built-ins with a wet bar and full-size wine refrigerator. The windowed kitchen is equipped with top-of-the-line appliances, Miele washer and dryer and gorgeous custom cabinetry. A large Primary bedroom suite is conveniently situated on this main living level, with abundant closet space and ensuite marble clad spa like bath, complete with radiant heated floors.

At the top of the custom staircase, the home's second oversized skylight gives the landing an expansive openness. Originally conceived of as a bedroom suite, the first space on the upper level has been masterfully configured as a welcoming and comfortable office/den with South-facing views, wet bar, wine refrigerator and full bathroom. The final bedroom has South and West facing views, large closets and an ensuite bath offering privacy and relaxation.

For those who want the most incredible outdoor space with views of lower Manhattan, simply step out onto the home's sweeping 1,285 square foot planted and irrigated private terrace. Boasting vast iconic New York City views, this unbelievable space has been designed for ideal indoor/outdoor entertainment with a gourmet gas grill, pergola, gas fire pit, storage closet, outdoor cabinets, custom lighting, wired speakers and a retractable electric awning for sunnier days. There is even a green space for a puppy “relief” pad. This sprawling roof terrace is truly spectacular and the ideal place for one to relax.

In the heart of Chelsea, the Chelsea Mercantile offers unmatched service and comforts. Building amenities include a 24-hour staff providing concierge services such as valet, dry-cleaning and home cleaning services. Enjoy a 10,000 square foot roof deck, laundry center on the concourse level (as well as on individual floors), convenient garage access throughout the building, a fitness room, playroom, private storage, high speed capability, owner's conference room and Whole Foods right downstairs. Chelsea Mercantile is surrounded by a variety of transportation, parks, the High Line, art museums, cultural centers and fabulous nightlife. Having the sensibility of a house within a bustling NYC neighborhood, this stunning Penthouse apartment will fulfill one's dreams. There is an ongoing capital assessment of $450.66 per month.

Last Listed By

Maggie Gold Seelig

Modlin Group LLC License #10301217724 Listed on: 11/07/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $70,380

Year Built

  • Built in 1907

Lot Details

  • 1.13

HOA Fees

  • $2,058 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Pre War Building

Interior Spaces

  • 2,575 Sq Ft Home
  • Den

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Outdoor Features

  • Courtyard
  • Terrace

Utilities

  • Central Air

Listing and Financial Details

  • Tax Block 00774

Community Details

Overview

  • 352 Units
  • Chelsea Subdivision
  • 21-Story Property

Amenities

  • Rooftop Deck
  • Building Terrace
  • Courtyard
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$70,380

Year Built

Built in 1907

Lot Details

0

HOA Fees

$2,058 per month

Listing Details

  • Exposures: East,North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Chelsea
  • Architectural Style: Prewar
  • Entry Level: 12
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 21

Interior Features

  • Interior Features: Den
  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 2575.0
  • Living Area Units: Square Feet
  • Rooms (Total): 12
  • Dining Room Type: Den

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms Integer: 4
  • Bedrooms: 3

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Courtyard, Building Roof Deck, Courtyard
  • Patio/Porch Features: Building Terrace, Terrace

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 2058.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Area: 49375.0
  • Lot Size Dimensions: 197.5 x 250.0

Building Info

  • New Construction: No
  • Units: 352
  • Total Stories: 21
  • Year Built: 1907

Tax Info

  • Tax Block: 00774
  • Tax Annual: 70380.0

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
05/18/2023 05/18/23 Sold $7,100,000 -11.2% $2,757 / Sq Ft
01/10/2023 01/10/23 Price Changed $7,995,000 -11.1% $3,105 / Sq Ft
11/07/2022 11/07/22 For Sale $8,995,000 -- $3,493 / 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: RLS10865909

Real Estate Board of New York (REBNY)