The Chelsea Mercantile, 252 Seventh Avenue, Unit 10X - 3 Bed Apt for Sale for $5,250,000

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The Chelsea Mercantile, 252 Seventh Avenue, #10X

$5,250,000 ($2,200 per ft²) | 3 beds, 3 baths | Approx. 2,386 ft²

Building Profile |

54 days on Market

Key Details

Listed: Jul 15, 2024

Days on Market: 54

Building Type: Condominium

Neighborhood: Chelsea (Manhattan)

Doorman: FT Doorman

Listing viewed 168 times

Monthly Common Charges: $2,444

Monthly Real Estate Taxes: $3,941

Total Taxes & Fees: $6,385 ($2.68/ft²)

Est. Monthly Mortgage: $29,586

Total Est. Monthly Carrying Cost: $35,971 ($15.08/ft²)

Note: the above is based on a down payment of 10% ($525,000), which is the minimum amount permitted by the building.

Insider Highlights

Prime Location: This property is located in the highly desirable Chelsea neighborhood, offering unobstructed views of The Chelsea Hotel. It's conveniently situated near contemporary art galleries, The Highline Park, Greenwich Village, Union Square, Flatiron, restaurants, nightlife, retail, and public transportation.
Stunning Interior: The apartment boasts a triple mint renovation with a highly desired floorplan, 3 bedrooms, 3 full bathrooms, a grand entry foyer, a windowed bonus room, and 11’ ceilings. The espresso matte finished hardwood floors, open kitchen with premium appliances, and the primary bedroom with an ensuite 5-fixture windowed bath add to the luxurious feel.
Abundant Natural Light: The property features Southern, Western, and Northern exposures, ensuring plenty of natural light throughout the day.
Ample Storage: The apartment offers plenty of storage with multiple closets, an in-unit washer and dryer, and a private storage unit included.
Building Amenities: The building provides a full-time doorman for added security, a fitness center, landscaped roof terrace, valet & maid services, on-site dry cleaning, parking garage, children’s playroom, and conference room. It also has a 24-hour doorman and concierge, a planted roof deck, a garage, and a Whole Foods Market on the corner.
Additional Features: The pet-friendly building is equipped with state-of-the-art wiring, stainless steel kitchens with built-in garbage disposal, high ceilings, and walk-in closets. Most apartments have washer and dryer hook-ups and the building also features a sundeck.

Description

Chelsea Mercantile | Triple Mint Renovation | Highly Desired Floorplan | 3 Bedroom + Windowed Bonus Room | 3 Full Bath | Grand Entry Foyer | Southern, Western and Northern Exposures | Unobstructed Views of The Chelsea Hotel Apartment Features: • Highly Desired and Largest Floorplan in this Category • Distinct Separation Between Private and Communal Areas • 3 Bedrooms • 3 Full Bathrooms • Grand Foyer • Windowed Home Office/Library/TV Den w/ Floor to Ceiling Rift Grey Oak Pocket Doors • Oversized Windows • Hunter Douglas Remote Controlled Blinds • Open Southern, Western, and Northern Exposures • Amazing Light Year Round • Unobstructed Landmark Views of The Chelsea Hotel • 11’ Ceilings • Espresso Matte Finished Hardwood Floors • W/D in unit • Closets, Closets & Closets!! • 2,386 square feet Living Room/Dining Room: • 33’ x 16’ Corner Loft-like Living/Dining Room • 4 Oversized Windows • Open Southern and Western Exposures • Direct views of the Landmarked Chelsea Hotel Kitchen: • Open Kitchen • White Industrial Glass Cabinets - Double Hung to Full Ceiling Height • Premium White Composite Countertops • Storage Galore! • Large Walk-in Pantry • Wine Cooler • S/S Appliances by Subzero, Miele and Viking • Breakfast Bar Primary Bedroom w/ Ensuite 5-fixture Windowed Bath: • Oversized Corner Bedroom • 3 Oversized Windows • Northern and Western Exposures • Custom Walk-in Closet • Ensuite Bath • Free Standing Soaking Tub • Large Western Facing Window • Separate Oversized Walk-in Shower • Double Vanity • Large Scale Tiles • Fixtures are by Vola and Robern Two Additional Large Bedrooms • North Facing • 2 Oversized Windows per Room • Custom Closets Second Full Bath w/ Tub Third Full Bath Functions as an Elegant Powder Room • Clad in Stone Panels • Free Standing Stone Pedestal Sink • Custom Mill-work • Soft yet Dramatic Lighting Private Storage Unit Included Chelsea Mercantile Amenities: • Grand Prewar Lobby w/ Timely Mosaic Décor and Terrazzo Floors • 24hr Doorman/Concierge • Fitness Center • 10,000 sf Landscaped Roof Terrace (Currently Undergoing a Major Renovation) • Live-in Resident Manager - Full Maintenance Staff • Valet & Maid Services • On-Site Dry Cleaning • Parking Garage - Accessed Directly Through the Main Lobby • Children’s Playroom • Conference Room • Whole Foods Market Pet Friendly - Woof! Woof! Meow! Meow! The Chelsea Mercantile was originally built in 1908 as a “woolens manufacturing building” and converted in 2000 to the luxurious condominium building it is today. Conveniently located in the center of Chelsea between Nomad and Hudson Yards, and in close proximity to the world’s leading contemporary art galleries of West Chelsea, The Highline Park, Greenwich Village, Union Square, Flatiron, a multitude of restaurants, nightlife, retail, and all public transportation. *All Showings By Appointment Only* Common Charges of $2,444.58 include the ongoing capital assessment of $409.32 Taxes Do Not Reflect 17.5% Co-op / Condo Primary Residence Abatement.

Special Assessment: $1,369.80 (Ending June 2025) For Elevator Upgrades and Redesigned 10,000 sf Common Roof Terrace.

Listing courtesy of Compass

Pricing History

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About The Chelsea Mercantile, 252 Seventh Avenue

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

Out of 44

Out of 36

Out of 39

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

About this Building

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

Map View | Street View

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