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The Chelsea Mercantile, 252 Seventh Avenue, #11Q

$2,890,000 ($1,849 per ft2) -3.7% | 2 beds, 2 baths | Approx. 1,563 ft2
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35 days on Market

Key Details

  • Listed: Mar 23, 2024
    Last Price Change: -3.7% ($110,000) on Apr 17
    Days on Market: 35
    Building Type: Condominium
    Neighborhood: Chelsea (Manhattan)
    Doorman: FT Doorman
Monthly Common Charges: $1,287
Monthly Real Estate Taxes: $1,875
Total Taxes & Fees: $3,162 ($2.02/ft2)
Est. Monthly Mortgage: $17,920
Total Est. Monthly Carrying Cost: $21,082 ($13.49/ft2)
Note: the above is based on a down payment of 10% ($289,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Prime Location: This high-floor loft is located in the desirable Chelsea neighborhood, offering downtown views and close proximity to public transportation. It's central location is also convenient to the Flatiron District and Greenwich Village.
  • Unique and Spacious Interior: The loft features large windows for plenty of natural light, exposed brick for a unique, rustic aesthetic, and high ceilings. It also includes a spacious home office/guest bedroom with a Murphy bed.
  • Modern Kitchen and Bathrooms: The large eat-in kitchen is equipped with modern amenities, stainless-steel appliances, black granite countertops, and built-in garbage disposals. The two beautifully renovated bathrooms feature limestone walls and floors, deep soaking tubs, and separate stall showers.
  • Building Amenities: The building offers a 24-hour doorman and concierge, fitness center, rooftop terrace, children's playroom, and on-site parking. There is also a private storage room on the same floor.
  • Advanced Technology: The apartment is equipped with state-of-the-art wiring, ensuring a seamless integration of technology.
  • Additional Features: The building houses a Fresh Fields Whole Foods Market in its retail space. Penthouses in the building come with skylights, terraces, and fireplaces.

Description

Loft 11Q is the Chelsea Mercantile’s largest south facing 1 bed with home office. This immaculately renovated high floor loft features ceilings that are approximately 11 ft and large windows through which beautiful light fills each room. Other noteworthy highlights include downtown views of the Freedom Tower and exposed brick which highlights the loft’s prewar authenticity.

The large eat-in kitchen with casual dinning area is wired for tv and there is a walk-in closet just off the foyer which houses a wine cooler, customized shelving and prepping counter.
The sunny living/dinning area is open and scaled to accommodate multiple seating arrangements.
The primary bedroom suite has been outfitted with custom wall-to-wall cabinetry, oversized windows and is bathed in light. The primary and second bath (with oversized shower) have been beautifully renovated to a high standard.

The home office/ guest bedroom, is a private sanctuary that does not share a common wall with any other room. This room currently functions as a second bedroom with Murphy bed as well as a spacious home office with a large closet. This loft comes with a private storage room located on the same floor.
The Chelsea Mercantile is an iconic pre-war condominium that is fully serviced and includes a gym, 10,000 sqft roof deck, playroom and on-site garage.

What we like about Loft 11Q:
-Located on a high floor
-Downtown views
-Large walk-in closet in the foyer
-Large eat-in kitchen
-Exposed brick
-Wide hallways
-Well appointed home-office with Murphy bed.
-2 renovated bathrooms

Were can you find us:
-Located in the south tower.
-South exposure

What’s included:
-Private storage room located on the same floor as the loft.

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Apartment Amenities

  • Southern Exposures

Listing Agent (Seller's Representative)

Listing courtesy of Campbell Fionn S

Pricing History

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About The Chelsea Mercantile, 252 Seventh Avenue

81

The Chelsea Mercantile, 252 Seventh Avenue has received a CityRealty Rating of 81, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

26
Out of 44
+
25
Out of 36
+
22
Out of 39
+
8
=
81
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Distinguished 6 out of 8 points
Retail Quality:
High-End 5 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
Well Done 1 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Exists 1 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Discrete 1 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
Exists 1 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Attractive / Pleasant 3 out of 5 points
Distance To Neighborhood Center:
Less than 30 blocks 3 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Attractive 2 out of 3 points
Traffic Noise:
Some 2 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
Less than 3 Short Blocks 2 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
Less than 3 Short Blocks 2 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Spacious 4 out of 5 points
Units Per Floor:
10-15 1 out of 5 points
Ceiling:
11-14 Feet 3 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
Yes 1 out of 2 points
Private Gardens:
Substantial 2 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
Some 1 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
Yes 1 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
Yes 1 out of 1 points
Mixed Use:
Yes 1 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • Attended Lobby
  • Concierge
  • FT Doorman
  • Pre War
  • Resident Storage
  • Full Service Garage
  • Garden
  • Health Club
  • Rooftop Terrace
  • Elevator
  • Children's Playroom
  • Fitness Center
  • On-Site Parking
  • Outdoor Entertainment Space
  • In-Unit Washer/Dryer
  • Bike Room
  • Fireplaces
  • Live-In Superintendent
  • Terraces / Balconies

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Pros
  • Impressive Rotunda Lobby
  • Concierge
  • Good public transportation
  • State-of-the-art wiring
  • Many apartments have exposed brick walls
  • Stainless steel kitchens with built-in garbage disposal
  • Penthouses have skylights- terraces and fireplaces
  • High ceilings
  • Close to Subway
  • Large windows- many with fine views
  • Limestone clad floors and walls in master bathrooms
  • Walk-in closets
  • Sundeck
  • Most apartments have washer and dryer hook-ups
  • Central Chelsea location
  • Retail space occupied by Fresh Fields Whole Foods Market
Cons
  • Seventh Avenue streetscape is somewhat bland
  • No Balconies
  • No sidewalk landscaping
  • Many apartments
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Subways

  1. 1
at 7th Ave 0.08 miles
  1. C
  2. E
at 8th Ave and 25th 0.14 miles
  1. M
  2. F
at 6th Ave 0.22 miles
  1. N
  2. R
at Broadway 0.36 miles
  1. 2
  2. 3
at 7th Ave 0.42 miles
  1. A
  2. L
at 8th Ave and 16th 0.45 miles
  1. B
  2. D
  3. Q
at 6th Ave 0.49 miles

Aerial Imagery

 

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