Key Details

Listed: Feb 18, 2024

Days on Market: 69

Building Type: Condominium

Neighborhood: Chelsea (Manhattan)

Doorman: FT Doorman

Listing viewed 120 times

Monthly Common Charges: $1,040

Monthly Real Estate Taxes: $1,148

Total Taxes & Fees: $2,188 ($2.17/ft²)

Est. Monthly Mortgage: $10,873

Total Est. Monthly Carrying Cost: $13,061 ($12.93/ft²)

Note: the above is based on a down payment of 10% ($175,000), which is the minimum amount permitted by the building.

Description

Welcome to The Chelsea Mercantile, one of New York City’s finest pre-war full-service downtown condominiums. This remarkable 1,010 Square foot true 1 bedroom convertible 2-bedroom loft has nearly 11-foot ceilings, oak hardwood flooring throughout, central heat and A/C, and expansive 8-foot tilt-turn windows facing south onto a private, quiet courtyard. Spacious and sunny, this unique mint home distinguishes itself with its large, outfitted closets, a renovated open kitchen with a six-foot black granite island, stainless steel appliances, garbage disposal, and bountiful cherry wood cabinets.

The ultra-large bedroom easily accommodates a California king, and still roomy enough for a home office or lounging area. A Jack-n-Jill bath offers privacy to the master bedroom and includes an upgraded sink and vanity. The Chelsea Mercantile offers outstanding amenities including a full gym for residents only, large private storage, valet and concierge service, 24-hour doorman, live-in super, garage, laundry on each floor in addition to a massive central laundry room, a playroom, and a gorgeous landscaped 10,000 SF roof deck boasting striking city views.

All this and still the common charges and real estate taxes are some of the best in the city. A private locked storage closet is included with the sale. Pets are also welcome. With Whole Foods Market located right downstairs, shopping and entertainment only steps away, and a short walk from the fabulous High Line, numerous art galleries, and Chelsea Piers, you are truly in the heart of it all!

There is an assessment of $583 per month from July 2023 thru June 2025. This assessment is for upgrading the roof deck and elevators.

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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