Listing Courtesy of Serhant
$4,999,999
Potential Rebate: $75,000
<p> </p> <p>3 Bedroom with Expansive Private Terrace at The Chelsea Mercantile</p> <p>Welcome to Residence 15N at The Chelsea Mercantile, a rare and expansive home offering a seamless blend of indoor luxury and private outdoor living. This 3 bedroom, 2.5 bathroom loft spans approximately 2,028 square feet of interior space and features an extraordinary 1,400 square foot terrace that wraps the entire length of the apartment-perfect for entertaining or relaxing in the heart of Chelsea. Whole Foods is conveniently located within the building, providing unmatched ease and access to one of the city's best markets just an elevator ride away.</p> <p>The open-concept living and dining area is bathed in natural light from oversized windows and flows directly into a thoughtfully reimagined kitchen. Redesigned for both style and function, the kitchen features top-of-the-line Miele appliances, custom cabinetry, and a custom sliding door that offers flexibility and privacy when desired.</p> <p>The primary suite is a true retreat, complete with a hidden home office, a spacious walk-in closet, and a spa-inspired en suite bathroom. Two additional bedrooms provide versatility for guests, family, or a dedicated workspace.</p> <p>Additional features include central HVAC, a powder room, in-unit washer and dryer, abundant storage throughout, and a dedicated private storage unit included in the sale.</p> <p>The Chelsea Mercantile is a full-service prewar condominium offering 24-hour doorman and concierge service, a live-in superintendent, valet services, a fully equipped fitness center, children's playroom, and direct access to a full-service garage. Residents also enjoy an expansive, beautifully landscaped 10,000-square-foot rooftop terrace with sweeping, panoramic views of the Manhattan skyline-an ideal setting to relax or entertain high above the city.</p> <p> </p>
$26,561 per month
30 year fixed, 6.28% Interest
One-time rebate at closing
$75,000
Monthly savings impact
$208/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
2.5%
Experience
Member
Listings
RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Serhant
Data Source: TRESTLE #RLS20037441

Compare average listing prices and value metrics for Chelsea Mercantile against the surrounding Chelsea market.
than the Chelsea price-per-sq-ft average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
Chelsea is a cultural powerhouse. Known for its hundreds of art galleries, the High Line, and beautiful brownstone streets.
\nA mix of historic townhouses, pre-war co-ops, and ultra-luxury condos near the High Line. Very expensive.
\nVibrant and diverse. The LGBTQ+ community has a strong historic presence. Chelsea Market draws foodies.
\nC/E, 1, and F/M trains serve the area. Penn Station is at the northern border.
\nThe High Line is the crown jewel. Chelsea Piers offers massive sports facilities.
\nBest for art lovers, active lifestyle enthusiasts, and those wanting a mix of historic and modern.

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