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The Chelsea Mercantile, 252 Seventh Avenue

between West 24th Street & West 25th Street   |    Chelsea

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Key Details

  • Condo
  • Built in 1906
  • 354 Apartments
  • 21 Floors
  • Size From # avail
  • 1 Bed $1,475,000 2
  • 2 Beds $3,225,000 1
  • 3 Beds $4,990,000 3
  • Last updated Oct 14, 2017
  • View apartments for sale
$1,834 Avg. Price / Ft2
$69 Avg. Price / Ft2
  • Size Avg. Price # Sold
  • 1 BED $2,269,000 2
  • 2 BEDS $2,643,750 4
  • 3 BEDS $4,602,500 4
  • Avg. Price based on 10 closings during past 12 months Last updated Oct 18, 2017
  • View all recent sales
$1,853 Avg. Price / Ft2

Overview

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
  • #18 Rated condo - Chelsea
How was this building rated?

With 354 condominium apartments, the Chelsea Mercantile is one of the largest residential conversions in Chelsea. 

Apartments range from studios to four-bedroom lofts and vary in size from 856 to 3,069 square feet. Many units have exposed brick walls with nine-foot beamed ceilings and walk-in closets. Some penthouses have ceilings that rise between 11 and 13 feet as well as fireplaces, skylights and terraces. All apartments have state-of-the-art wiring and gourmet kitchens with stainless-steel appliances, black granite countertops, cherry wood cabinets and built-in garbage disposals. Master bathrooms have limestone walls and floors, deep soaking tubs and separate stall showers.

Amenities at the Chelsea Mercantile include a 24-hour doorman and concierge, valet and maid service, a fitness center with children’s playroom, an expansive planted roof deck with beautiful city and river views, a garage and a Whole Foods Market on the corner.

Located between West 24th and 25th Streets, 252 Seventh Avenue is in the heart of Chelsea. There is very good public transportation in the area and it is convenient to the Flatiron District to the east and Greenwich Village to the south.

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Apts For sale AT 252 Seventh Avenue (6)

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Apts For rent AT 252 Seventh Avenue (11)

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Nearby Subway Stations

  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

Carter Horsley's Review

The Chelsea Mercantile, 252 Seventh Avenue Carter Horsley's Building Review
"With 354 condominium apartments, The Chelsea Mercantile at 252 Seventh Avenue is one of the largest residential conversions of a commercial property in Chelsea." Read Carter's Full Review

The pros & cons

Pros
  • Many apartments have exposed brick walls
  • Large windows- many with fine views
  • Sundeck
  • State-of-the-art wiring
  • Close to Subway
  • Penthouses have skylights- terraces and fireplaces
  • Walk-in closets
  • Central Chelsea location
  • Impressive Rotunda Lobby
  • Concierge
  • Good public transportation
  • High ceilings
  • Retail space occupied by Fresh Fields Whole Foods Market
  • Stainless steel kitchens with built-in garbage disposal
  • Limestone clad floors and walls in master bathrooms
  • Most apartments have washer and dryer hook-ups
Cons
  • Seventh Avenue streetscape is somewhat bland
  • No sidewalk landscaping
  • Many apartments
  • No Balconies
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Famous Residents at The Chelsea Mercantile, 252 Seventh Avenue

 

The Chelsea Mercantile, 252 Seventh Avenue Aerial Imagery

 

The Chelsea Mercantile Video

Pricing Comparison of Similar Buildings

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The Chelsea Mercantile, 252 Seventh Avenue - 10 year Sales History

View Full Sales History
 

The Chelsea Mercantile, 252 Seventh Avenue 12 Month Sales Summary

View By Apartment Sizes
Past 12 Months
$1,853
AVG Price / ft2, based on 10 Sales
 

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In the Neighborhood: What’s Available & Sales Stats

Not enough data available to generate chart.
  • 278 Available for Sale
  • $2,228 Avg. Price / Ft2
  • $4,856,586 Avg. Price
  • $3,112,500 Median Price
  1. Most Expensive 520 West 28th Street Apt PH37 | $50,000,000
    Price / ft2 $7,296
  2. Least Expensive The Chatham in Chelsea Apt 4A | $695,000
    Price / ft2 $1,421
Not enough data available to generate chart.
  • 148 Available for Rent
  • $79 Avg. Price / Ft2
  • $8,732 Avg. Price
  • $6,925 Median Price
  1. Most Expensive 456 West 19th Street Apt PHJ | $35,000
    Price / ft2 $144
  2. Least Expensive 239 West 20th Street Apt 10 | $2,100
Data is based on sales from past 12 months and only transactions for which we have approximate square footage information available are included above
Not enough data available to generate chart.
  • 336 Total Sales
  • $1,976 Avg. Price / Ft2
  • $3,219,772 Avg. Price
  • $2,345,988 Median Price
  1. Most Expensive 551W21 Apt PH18 | $34,623,250
    Price / ft2 $5,614
  2. Least Expensive 555W23 Apt S12B | $257,068
    Price / ft2 $514

Similar Buildings

 
cityrealty insider access Interested in
off-market listings at
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