New York (Chelsea), NY, 10001 | $2,600,000

Chelsea Grand Loft in the Iconic Pre-War Chelsea Mercantile Condominium is now available.

This remarkable 1, 512 SF designer loft is located in one of Chelsea's most prestigious full-service pre-war condominiums. A 19-story architectural landmark known for its grand proportions, impeccable service, and discerning residents, including artists, tastemakers, and notable New Yorkers. This one-of-a-kind residence is filled with distinctive character and grand scale. A dramatic entry opens into a voluminous, gallery-like space with soaring 14-foot ceilings, original pre-war columns restored to their former elegance, and ebonized hardwood floors.

Brilliant recessed lighting and nine-foot south-facing windows bathe the home in warm natural light throughout the day. Every detail reflects artistic intention and mid-century sophistication. Venetian-plastered walls and Bisazza tile mural transform the space. A custom floor-to-ceiling mirrored divider defines the living and dining zones without interrupting flow.

The central dining area comfortably accommodates eight around a stately round table, perfect for entertaining beneath the glow of the original columns. A chef's kitchen for the cook in you serves all your needs.

The private quarters are separated by deco-inspired ebony glass sliding doors that open to the serene primary suite, anchored by a massive walk-in closet and Calacatta gold marble spa bath with radiant-heated floors, soaking tub, and separate enclosed glass shower. At the entry, two generous closets and a guest bath with a solid copper sink, Cortense fixtures, and a gold-leaf ceiling complete the layout. A built-in desk alcove offers space for work or display.

The mint-condition custom kitchen features:

Brazilian Anigre cabinetry

Honed Carrara marble countertops

Sub-Zero, Miele, and Wolf appliances

Oversized breakfast bar seating 4-5

Building & AmenitiesResidents enjoy:

24-hour doorman and concierge

Private on-site parking with direct access

Fully equipped fitness center

Children's playroom and conference room

Expansive planted roof deck with lounges, dining areas, and panoramic Hudson River views.

Features

  • Town: New York
  • Levels: 19
  • Rooms: 4
  • Bedrooms: 1
  • Baths: 2 full
  • Laundry: Building Other
  • Complex: Chelsea Mercantile
  • Year Built: 1908
  • Common Charge: $1,368 Monthly
  • Approx Sq. Feet: 1,512
  • View: Other
  • Pet Policy: Building Yes,Yes
  • MLS#: RLS20072602
  • Days on Market: 101 days
  • Website: https://www.raveis.com
    /prop/RLS20072602/2527thavenue_newyork_ny?source=qrflyer
Copyright © 2026  The Real Estate Board of New York, Inc., All rights reserved
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Douglas Elliman Real Estate   Phone: (212) 891-7000

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Customer Service

888.699.8876

Contact@raveis.com

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

New York (Chelsea), NY, 10001

$2,600,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $2,080,000 $2,080,000 $2,080,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.125% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.165% 6.259% 6.183%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $11,810 $12,638 $17,552
Total Monthly Payment $11,935 $12,763 $17,677

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.