Key Details

Listed: Feb 15, 2024

Last Price Change: -10.7% ($298,000) on Apr 19

Days on Market: 72

Building Type: Condominium

Neighborhood: Chelsea (Manhattan)

Doorman: FT Doorman

Monthly Common Charges: $1,376

Monthly Real Estate Taxes: $2,176

Total Taxes & Fees: $3,552 ($2.13/ft²)

Est. Monthly Mortgage: $15,533

Total Est. Monthly Carrying Cost: $19,085 ($11.46/ft²)

Note: the above is based on a down payment of 10% ($250,000), which is the minimum amount permitted by the building.

Insider Highlights

Prime Location: Conveniently located near major transportation hubs, parks, sports centers, shops, restaurants, and cultural venues, this building is in the heart of Chelsea with a Whole Foods Market on the corner.
Additional Features: The apartment includes crown moldings, recessed lighting, an in-unit washer/dryer, a storage locker, and state-of-the-art wiring. The building also features an impressive rotunda lobby and limestone walls and floors in the master bathrooms.
Building Amenities: The full-service condominium offers a 24-hour attended lobby, resident manager, fitness center, playroom, landscaped roof garden, parking garage, concierge, valet and maid service, and an expansive planted roof deck with city and river views.
Luxurious Living Space: This spacious two-bedroom, two-bath home, located in the renowned Chelsea Mercantile building, boasts a bonus room, high 11-foot ceilings, hardwood floors, and a southern exposure that provides brilliant light throughout the day.
Gourmet Kitchen: The oversized open kitchen features ample counter space, storage, and stainless steel appliances, perfect for those who love to cook.
Master Suite: The large master bedroom includes a spacious walk-in closet and a luxurious master bath with a glass-enclosed shower stall and double sink.

Description

This beautiful, and spacious two-bedroom, two-bath home comes with a bonus room for flexible use at the World Renowned Chelsea Mercantile. Offering 1,665 SF of space, the unit features an oversized open kitchen with ample counter space, storage, and stainless steel appliances. With 11-foot ceilings, hardwood floors, and a large master bath boasting a glass-enclosed shower stall, double sink, and ample room, this property is truly exceptional.

The master bedroom includes a spacious walk-in closet, while the second bedroom accommodates large furniture. The second bathroom is modern and bright. Facing South, the unit receives brilliant light throughout the day. Crown moldings, recessed lighting, and a washer/dryer add to the home’s appeal.

Additionally, the property includes its own storage locker. The Chelsea Mercantile, a full-service condominium in the heart of Chelsea, offers a 24-hour attended lobby, resident manager, fully equipped fitness center, playroom, beautifully landscaped roof garden, and a parking garage. Conveniently located near major transportation hubs, parks, including the High Line, and sports centers like Chelsea Piers.

Whole Foods Supermarket is on-premises, along with many other shops, restaurants, and cultural venues nearby. A true find! Contact us now to arrange a private viewing. The currently is a Monthly Capital Building Assessment in the amount of $256.

In addition, the Common Charge includes a special assessment of $927 in effect until May 2025.

About The Chelsea Mercantile, 252 Seventh Avenue

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

Out of 44

Out of 36

Out of 39

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

Condo
Built in 1906
354 Apartments
21 Floors

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

About this Building

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

Map View | Street View

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