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The Chelsea Mercantile, 252 Seventh Avenue, #17O

$3,995,000 ($2,183 per ft2) | 2 beds, 2 baths | Approx. 1,830 ft2
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61 days on Market

Key Details

  • Listed: Feb 26, 2024
    Days on Market: 61
    Building Type: Condominium
    Neighborhood: Chelsea (Manhattan)
    Doorman: FT Doorman
Monthly Common Charges: $1,672
Monthly Real Estate Taxes: $3,080
Total Taxes & Fees: $4,752 ($2.60/ft2)
Est. Monthly Mortgage: $24,772
Total Est. Monthly Carrying Cost: $29,524 ($16.13/ft2)
Note: the above is based on a down payment of 10% ($399,500), which is the minimum amount permitted by the building.

Insider Highlights

  • Location: This property is centrally located in the highly desirable Chelsea neighborhood, with close proximity to public transportation and a Whole Foods Market on the corner of the building.
  • Apartment Features: The apartment has been converted from a 3-bedroom to a spacious 2-bedroom with a library, offering panoramic views of West Chelsea from each room. It also features a large laundry room with storage and wine cabinet, and state-of-the-art wiring in all apartments.
  • Kitchen: The custom-built kitchen features imported Italian Birdseye maple wood paneling, stainless-steel appliances, black granite countertops, cherry wood cabinets, and built-in garbage disposals.
  • High-Quality Appliances: The apartment is equipped with high-quality appliances including a Sub-Zero refrigerator/freezer and wine storage cabinet, Viking gas range and electric oven, and LG integrated washer/dryer.
  • Bathroom: The master bathrooms are designed with limestone walls and floors, deep soaking tubs, and separate stall showers.
  • Building Amenities: The building offers a full-time doorman and concierge services, a fitness center, children's playroom, rooftop terrace, on-site parking, and outdoor entertainment space. It also has a retail space occupied by Fresh Fields Whole Foods Market.

Description

A high-floor 3 Bedroom w/ home-office converted to a stunning 2 bedroom with library.(See the original and current floor plans attached)

Loft 17-O was originally configured as a 3 bedroom with home office and 2.5 baths. The space has since been transformed into a dramatic 2 bedroom/ with library and 2 full baths. The architectural brief was to create larger bedrooms and a grander entertaining space which would house an established art collection.

A notable feature of this loft would be its horizontal floor plan which stretches across the west side of building’s east tower. 17-O is suspended above the courtyard and away from the street so there is a sense of peacefulness and calm. Only four O-line apartments were built by the developer and 17O is positioned on the highest floor just below the penthouse.

Panoramic views of West Chelsea is itself a framed, picture-perfect moment in each room.

A clever decision to clad the entire expanse of the eastern elevation in wood paneling was implemented. Imported Italian Birdseye maple would be selected for floor-to-ceiling paneling and matching doors. The kitchen, also located on the eastern elevation, was custom built in the same species of wood.

The overall effect is that of cohesion, balance and elegant modernity. The lighting is purposeful and there is a fully equipped audio system. What was once a powder room is now a large laundry with storage and wine cabinet.

A large storage closet has been added to the dinning room and additional storage has been integrated into the primary bedroom. The custom-made bookcase in the library is itself an architectural feature that brilliantly punctuates this well considered home.

The thoughtful renovation includes:
Appliances:
Mile dishwasher
-Sub-Zero side-by-side, built-in refrigerator/freezer
-Sub-Zero wine storage cabinet - 147 bottle capacity
-Viking gas range
-Viking electric oven
-Viking recirculating hood
-LG integrated washer/dryer

HVAC:
-5 Recently installed Climate Master water-source heat pumps with DMX controls
-5 Honeywell 6000 series programmable digital/wireless thermostats.

Lighting:
-Lutron programable system

SalesManhattanAll DowntownChelsea252 Seventh Avenue #17OThe information provided in the Google map can also be found after the school name heading.1 of 11 FLOOR PLAN252 Seventh Avenue #17O$3,995,000 FOR SALE1,830 ft$2,183 per ft7 rooms2 beds2 bathsResaleCondo in ChelseaSAVE SHAREADD

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Apartment Amenities

  • Western Exposures
  • City View
  • River View

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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