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Why Katie Holmes' New Manhattan Building is a Hot Address (Photos)

The 1907 Chelsea Mercantile building, where the actress has just leased a condo, has seen increased interest in its multi-million-dollar listings.

With Katie Holmes' recent split from actor Tom Cruise, the actress and daughter Suri have moved into a new apartment in Manhattan's Chelsea neighborhood the Chelsea Mercantile. Holmes reportedly signed the lease for the premier Seventh Avenue building just a few days before she filed for divorce even though the former couple own an apartment in Greenwich Village. They purchased the 8,113 square-foot apartment back in 2009 for $15 million.

But Holmes isn't the first celebrity to live in the 21-floor, 354-unit building, which features doorman and concierge services as well as a 10,000-square-foot landscaped roof deck, fitness center, valet services, a child’s play room and an on-site Whole Foods. In 2010, Lance Bass purchased a 1,300-square-foot condo for $1.495 million. Designer Marc Jacobs rented a three-bedroom apartment there in 2009 for $15,000 a month that is owned by professional hockey player Scott Gomez. That same apartment was then rented by Nick Jonas for $20,000 a month earlier this year while he starred in How to Succeed in Business Without Really Trying. Gomez bought the apartment in 2007 for $3.2 million.

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For those who might want to be Holmes' new neighbors, there are several listings in the building, which boasts a limestone façade and was built in 1907. Most of the apartments boast jumbo-sized pictures windows, 11-foot high ceilings, walk-in closets in the master bedroom, hardwood floors, and state of the art appliances. A 2,386-square-foot three-bedroom, three-bathroom condo is listed for $3.35 million, while a 2,206-square-foot condo is listed for $3.55 million and has two bedrooms and three bathrooms. The least expensive listing in that building is for a 1,351-square-foot two-bedroom and two-bathroom apartment for $2.795 million. 

The most jaw-dropping unit available is a Greek Revival-inspired four-bedroom, five-bathroom that's listed at $22.5 million and went on the market in February. Owned by interiors and fabric designer Christopher Hyland, it also includes a breakfast room, gym, library with battlement bookcases, a kitchen in hand-carved oak and double drawing rooms flanked by Doric columns.

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According to its broker, Holmes has amped up attention from buyers for other units in the building. As Nestseeker broker Ryan Serhant told the Real Deal: "We went from showing once or twice a week to five showings today, four on Thursday and seven on Friday so far."

The building is near the West Chelsea Galleries, Chelsea Market, Chelsea Piers and the High Line.

Below, the dining room of Serhant's $22.5 million listing:

The living room of the building's $2.795 million listing. It's held by Jaqueline Teplitzky of Prudential Douglas Elliman.

The dining/living area of the Chelsea Mercantile's $3.35 million listing. The agent is Halstead Property's Brian Lewis.

What do you think?

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