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The Chelsea Mercantile, 252 Seventh Avenue, #6G

$2,595,000 ($1,585 per ft2) | 2 beds, 2 baths | Approx. 1,637 ft2
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27 days on Market

Key Details

  • Listed: Apr 2, 2024
    Days on Market: 27
    Building Type: Condominium
    Neighborhood: Chelsea (Manhattan)
    Doorman: FT Doorman
Monthly Common Charges: $1,330
Monthly Real Estate Taxes: $2,169
Total Taxes & Fees: $3,499 ($2.14/ft2)
Est. Monthly Mortgage: $16,123
Total Est. Monthly Carrying Cost: $19,622 ($11.99/ft2)
Note: the above is based on a down payment of 10% ($259,500), which is the minimum amount permitted by the building.

Open house:

  • The afternoon of Tuesday, Apr 30
  • The afternoon of Wednesday, May 1
By appointment only.

Insider Highlights

  • Prime Location: This spacious two-bedroom, two-bathroom home is located in the prestigious Chelsea Mercantile Condominium in the heart of Chelsea. It offers easy access to Madison Square Park, Flatiron, the West Village, and public transportation, and even has an onsite Whole Foods for convenient grocery shopping.
  • Luxurious Interior: The residence boasts approximately 1,637 ft2 of space, featuring a grand living room with 11-foot beamed ceilings and four expansive windows for natural light. The open kitchen is equipped with stainless steel appliances, ample storage, and countertop space, and a large breakfast bar.
  • Comfortable Living: The versatile king size primary suite has room for a home office or sitting area, and the second bedroom is outfitted with a home office station and custom built-ins. The spa-like bathroom includes five fixtures, a separate soaking tub, and a glass-enclosed shower stall.
  • Convenient Amenities: The building offers a full-time doorman and concierge, onsite parking, a landscaped roof deck, a complimentary state-of-the-art gym, and a playroom. The building also features a fitness center, children's playroom, expansive planted roof deck with city and river views, a garage, and a Whole Foods Market on the corner.
  • Additional Features: The apartment includes a utility closet with a Miele washer/dryer and substantial pantry space, long strip hardwood flooring throughout, and northern exposures for great natural light. Complimentary private storage is also included.
  • Flexible Policies: The building allows two pets per apartment, subject to board approval, and welcomes pied-a-terres and investors. The building has an impressive rotunda lobby, state-of-the-art wiring, and many apartments have exposed brick walls and high ceilings.

Description

Presenting this elegant and deluxe two bedroom, two bathroom home at the coveted Chelsea Mercantile Condominium, situated in the heart of prime Chelsea. The grand living room of sprawling proportions allows for spacious living and dining areas for entertaining and relaxing, adorned with soaring 11-foot beamed ceilings and four expansive windows that bathe the space in natural light. The open kitchen boasts a spacious layout with stainless steel appliances and a plethora of storage and countertop space, complemented by a large breakfast bar, ideal for casual dining and accommodating barstools.

Functionality meets style with a massive utility closet housing a Miele washer/dryer and serving as a substantial pantry conveniently adjacent to the kitchen.

Conveniently, there are various comfortable work from home options including in the living room, second bedroom or primary bedroom. The king size primary suite offers versatility, allowing plentiful room for a home office or intimate sitting area. Indulge in the spa-like bathroom featuring five fixtures, including a separate soaking tub and glass-enclosed shower stall.

The large second bedroom has been cleverly outfitted with the ideal home office station and custom built-ins. Throughout the residence, long strip hardwood flooring adds a touch of elegance. The home comes with complimentary private storage.

The Chelsea Mercantile exudes prestige and luxury with its prewar history blended with modern sophistication and amenity package, starting with the grand renovated lobby.

Amenities include full-time doorman and concierge, onsite parking with direct elevator access (subject to third party availability and costs), landscaped roof deck, complimentary state-of-the-art gym and playroom. This idyllic location is anchored by the onsite Whole Foods with the best of Chelsea at your fingertips with easy access to Madison Square Park, Flatiron, the West Village and easy public transportation (1, C, E. F, M, Path Train and crosstown Select bus service).

Two pets allowed per apartment, subject to board approval. Pied-a-terres and investors welcome. Real estate taxes displayed may be reduced by 17.5% if purchasing as your primary residence (Consult your CPA).

Ongoing capital assessment of $267.32 monthly and special assessment of $894.60 monthly through June 2025. All measurements and square footages are approximate and all information should be confirmed by customer.

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Apartment Amenities

  • Northern Exposures

Listing Agent (Seller's Representative)

Listing courtesy of Brown Harris Stevens Residential Sales LLC

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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