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The Chelsea Mercantile, 252 Seventh Avenue, #12I

$3,650,000 ($1,658 per ft2) | 2 beds, 3 baths | Approx. 2,202 ft2
Building Profile  | 
52 days on Market

Key Details

  • Listed: Sep 23, 2024
    Last Price Change: ($145,000) on Nov 14
    Days on Market: 52
    Building Type: Condominium
    Neighborhood: Chelsea (Manhattan)
    Doorman: FT Doorman
    Listing viewed 107 times
Monthly Common Charges: $1,893
Monthly Real Estate Taxes: $3,512
Total Taxes & Fees: $5,405 ($2.45/ft2)
Est. Monthly Mortgage: $21,679
Total Est. Monthly Carrying Cost: $27,084 ($12.30/ft2)
Note: the above is based on a down payment of 10% ($365,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Spacious Corner Apartment: Oversized 2-bedroom, 3-bathroom layout with approximately 2,202 square feet of living space, ideal for luxury urban living.
  • Expansive City Views: High ceilings and oversized windows provide breathtaking north and east city views, flooding the space with natural light.
  • Gourmet Open Kitchen: Seamless transition to the living area with a modern open kitchen, perfect for entertaining guests in style.
  • Luxurious Primary Suite: Features a spacious walk-in closet and an en suite bath with double sinks, soaking tub, and separate shower for ultimate comfort.
  • Full-Service Building Amenities: Enjoy a full-time doorman, concierge, fitness center, and an expansive landscaped roof deck with stunning views.
  • Convenient Location: Located in the heart of Chelsea, with direct access to Whole Foods and excellent public transportation options nearby.

Description

Welcome to this oversized 2-bedroom, 3-bathroom, corner apartment in the highly sought after Chelsea Mercantile! This lofty apartment has high ceilings and oversized windows highlighting the natural light and the expansive north and east city views. With 2202 square feet it can easily be converted to three bedrooms.

It offers a perfect blend of luxury, space and convenience. With its great layout, exceptional building amenities and prime location it is an ideal home for those seeking the best of urban living in New York City.

The oversized living room/dining room, 40’x20’, is an entertainer’s dream, with the open kitchen allowing a seamless transition to your living space. Both bedrooms boast large walk-in closets and en suite baths, The primary bath features double sinks, a soaking tub and a separate shower.

There is a washer and dryer in the apartment.

The Chelsea Mercantile is a full service, pet friendly, prewar condo with a full-time doorman, concierge, live-in super, fitness center, enormous, landscaped roof deck, children’s playroom, valet service and direct access to a garage. Whole Foods is located downstairs, and transportation and incredible dining are just steps away.

There is an ongoing capital assessment of $380.72 and a special assessment of $1,274.08 monthly until June 2025. The apartment trades with a storage unit.

Some of the rooms in this apartment have been virtually staged.

Photos shown are for representation only.

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Apartment Amenities

  • City View
Listing courtesy of Coldwell Banker Warburg

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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