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A blog from CityRealty (Links below will take you to the 6sqft site)

The Chelsea Mercantile, 252 Seventh Avenue

Between West 24th Street & West 25th Street

Key Details

  • Year Built 1906
    Building Type Condominium
    Neighborhood Chelsea
  • Total Apartments 354
    Total Floors 21
    Doorman FT Doorman
    Pets Allowed
Avg. Price / ft2
Avg. Price / ft2
Avg. Price / ft2

Description

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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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

Apartments for Sale at 252 Seventh Avenue (11)

11
Available Apts
$1.8M - $10M
Price Range
$1,680
Avg. Price / ft2
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Apartments for Rent at 252 Seventh Avenue (5)

5
Available Apts
$7,450
Prices Start At
$105
Avg. Price / ft2
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Rating

26
Out of 44

Architecture Rating: 26 / 44

+
25
Out of 36

Location Rating: 25 / 36

+
22
Out of 39

Features Rating: 22 / 39

+
8
=
81

CityRealty Rating Reference

 
Architecture
  • 30+ remarkable
  • 20-29 distinguished
  • 11-19 average
  • < 11 below average
 
Location
  • 27+ remarkable
  • 18-26 distinguished
  • 9-17 average
  • < 9 below average
 
Features
  • 22+ remarkable
  • 16-21 distinguished
  • 9-15 average
  • < 9 below average
  • #20 Rated condo - Chelsea
 

Carter Horsley's Review

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.

The conversion in 2000 of the handsome, 21-story, 1906 building was designed by the firm of Avinash K. Malhotra and Gruzen Samton, one of the city's leading architectural firms, for Rockrose Development, one of the city's leading residential builders and converts." Read Carter's Full Review
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
 
 

Sales Summary - Past 12 Months

View By Apartment Sizes
Past 12 Months
$1,707
Avg. Price / ft2
Based on 8 Sales
 

Closing History - Last 10 sales

10
Units Sold
$1.3M - $4.5M
Price Range
$1,673
Avg. Price / ft2

Pricing Comparison of Similar Buildings

View Detailed Comparison

In The Neighborhood: What’s Available & Sales Stats

Not enough data available to generate chart.
  • 712 Available for Sale
  • $2,038 Avg. Price / Ft2
  • $3,256,040 Avg. Price
  • $2,150,000 Median Price
  1. Most Expensive 551W21 Apt 15FL | $29,995,000
    Price / ft2 $3,592
  2. Least Expensive 408 West 25th street Apt 4FE | $299,000
Not enough data available to generate chart.
  • 95 Available for Rent
  • $83 Avg. Price / Ft2
  • $9,360 Avg. Price
  • $7,095 Median Price
  1. Most Expensive 233 West 20th Street Apt TH | $40,000
    Price / ft2 $67
  2. Least Expensive 334 West 17th Street Apt BW | $1,995
    Price / ft2 $60
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.
  • 413 Total Sales
  • $1,601 Avg. Price / Ft2
  • $2,497,650 Avg. Price
  • $1,900,000 Median Price
  1. Most Expensive Walker Tower Apt 15B | $21,000,000
    Price / ft2 $4,423
  2. Least Expensive The Hamilton Apt 4A | $380,000

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