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The Chelsea Mercantile, 252 Seventh Avenue, #10S

$1,650,000 ($1,728 per ft2) | 1 bed, 1 bath | Approx. 955 ft2
Building Profile  | 
203 days on Market

Key Details

  • Listed: Apr 25, 2024
    Days on Market: 203
    Building Type: Condominium
    Neighborhood: Chelsea (Manhattan)
    Doorman: FT Doorman
    Listing viewed 130 times
Monthly Common Charges: $854
Monthly Real Estate Taxes: $976
Total Taxes & Fees: $1,830 ($1.92/ft2)
Est. Monthly Mortgage: $9,800
Total Est. Monthly Carrying Cost: $11,630 ($12.18/ft2)
Note: the above is based on a down payment of 10% ($165,000), which is the minimum amount permitted by the building.

Description

SHOWINGS BY APPOINTMENT! Step into a meticulously designed mint condition 1 bed 1 bath condominium where sophistication meets convenience. Apartment 10S boasts soaring 10"8" foot ceilings and 5 oversized double-paned windows offering a northern exposure with views overlooking the building’s landscaped gardens.

The open layout seamlessly integrates the living, dining, and kitchen areas, creating an ideal setting for both relaxation and entertainment. The apartment features hardwood floors, an abundance of closet space, and an enormous chef’s kitchen with bar seating.

The king-size bedroom easily accommodates an additional seating area or home-office set-up.

Outfitted with Lutron light fixtures, central A/C through Climate Master PTAC units, and in-unit laundry closet.

The apartment trades with a deeded storage cage (Cage Number #10S).

The iconic Chelsea Mercantile pre-war building embraces the perfect blend of luxury and is notorious for its excellent service and very low monthly common charges and taxes. Indulge in the numerous amenities including a newly renovated lobby, 24-hour doorman, state of the art gym, bike storage, cold storage, and roof deck (currently undergoing renovation).

The building offers onsite 24 hour parking garage with direct building access, playroom, and a Whole Foods market. Wired for Verizon/Spectrum, residents can enjoy high-speed internet connectivity with additional benefits for Verizon cell plan subscribers.

Pied-a-terre, subletting, guarantors, co-purchasing, and corporate ownership allowed. Pet-Friendly.

Ongoing capital assessment of $171.71 monthly and special assessment of $574.64 monthly through June 2025 for upgrading the elevators and renovations to the incredible city view roof deck.

With nearby access to public transportation (1, C, E. F, M, Path Train and crosstown Select bus service) and a plethora of local amenities, the best of Chelsea and the city are right at your doorstep. Enjoy the bustling energy of city life while still indulging in moments of tranquility amidst the picturesque streets and parks.

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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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