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

The Chelsea Mercantile, 252 Seventh Avenue, #6RA

$4,850,000 ($1,117 per ft2) -3% | 4 beds, 4 baths | Approx. 4,343 ft2
68 days on Market

Key Details

  • Listed Apr 13, 2021
    Last Price Change -3% ($150,000) on Jun 7
    Days on Market 68
    Building Type Condominium
    Neighborhood Chelsea
    Listing viewed 1,385 times
  • Monthly Common Charges $3,483
    Monthly Real Estate Taxes $4,164
    Total Monthly CC & Taxes $7,647 (~$1.76 per ft2)
    Minimum Down Payment 10%
    Doorman FT Doorman

Description

At 4,343 square feet, residence 6RA is the largest loft at the coveted Chelsea Mercantile. With multiple entertaining spaces and a distinct separation between master quarters and all other bedrooms, this property offers space, privacy and the creature comforts found only in suburban living. A combination of two apartments 6RA delivers incredible scale and proportion, and a layout rarely conceived in downtown condominiums. Enter the home through a formal entryway and immediately you are wowed by the sheer volume of the loft.

Defining features of this one of a kind loft include 11-foot beamed ceilings and an unprecedented suite of contiguous entertaining space spanning over 40' in width; including a large great room, dining room, chef's kitchen, library, den and media room with a wet bar. A wall of west facing windows frames the living room and the setback, yet open kitchen offers a massive 11-foot island, stainless steel appliances and endless storage. One could even program the current staff room as a massive walk-in-pantry.

A parlor inspired doorway separates the living room from the formal dining room, which also extends into an entertainment + media space offering a wet bar, custom millwork and endless storage. The master suite has a massive walk in closet and an oversized five-fixture bathroom including double vanities, a soaking tub, a glass-enclosed shower and tons of storage. Three additional bedrooms, four total full bathrooms, a library and a bonus staff room complete the private living quarters. There is also a separate laundry room with lots of storage.

Other features of this one-of-a-kind loft include three exposures, custom window treatments and lighting throughout, three walk in closets and two private storage lockers included in the price. Building amenities include 24-hour doorman and concierge, a brand new lobby renovation designed by the prolific firm ODA Architecture, a 10,000-square-foot roof deck terrace with jaw dropping 360 views of the city, a fully equipped gym, a children's playroom, housekeeping and dry cleaning services, parking with direct building access and a Whole Foods Market in the retail space of the building. The Chelsea Mercantile is moments away from Madison Square Park, the High Line, the Meatpacking District and Hudson Yards. The Mercantile is a superbly run condominium with incredibly low monthly carrying costs.

Please note there is a facade assessment in the amount of $956.40 through February, 2022.

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Apartment Amenities

  • City View

Estimated Monthly Cost

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
  • 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

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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

 
About this Building

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