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The Chelsea Mercantile, 252 Seventh Avenue, #5R

Listing no longer available on CityRealty as of Sep 23, 2022
It previously was on the market for a total of 185 days.
Last Sold on Sep 28, 2011 for $2,550,000
2 beds, 2 baths | Approx. 2,268 ft2
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23 apartments are currently available in this building.
185 days on Market

Pricing History

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Key Details

  • Listed: Mar 22, 2022
    Last Price Change: ($245,000) on Apr 19
    Days on Market: 185
    Building Type: Condominium
    Neighborhood: Chelsea (Manhattan)
    Doorman: FT Doorman
    Listing viewed 553 times
Monthly Common Charges: $2,043
Monthly Real Estate Taxes: $2,835
Total Taxes & Fees: $4,878 ($2.15/ft2)
Est. Monthly Mortgage: -
Total Est. Monthly Carrying Cost: $24,279 ($10.71/ft2)
Note: the above is based on a down payment of 10% ($325,000), which is the minimum amount permitted by the building.

Description

Welcome to this stunning 2,269 sq. ft. home at the renowned Chelsea Mercantile, a sought-after condominium with incredible history, thoughtful amenities, and an unbeatable location. The Chelsea Mercantile is made up of four contiguous buildings and was the former headquarters of The National Cloak and Suit Company, a mail-order service that produced and shipped made-to-order garments. Apartment 5R is a pristine 2-bedroom, 2-bathroom loft that seamlessly blends classic city elegance with modern contemporary flare.

Soaring 11-ft beamed ceilings, classic hardwood floors, and floor-to-ceiling windows blend seamlessly with chic wall moldings, Italian light fixtures, and integrated speakers. Courtyard-facing western exposure ensures that the apartment is bright and pin-drop quiet. The residence also comes with a private storage locker.

The home begins with a spacious foyer and then flows into an expansive, open-concept living room, dining room, and kitchen awash with natural light. The Boffi kitchen is equipped with two eat-in peninsulas, stainless steel countertops and backsplashes, custom wenge wood and silvered glass cabinets, and a suite of high-end stainless steel Gaggenau, Sub-Zero, and Miele appliances including a built-in coffee system. The huge primary bedroom boasts a large reach-in closet and a lovely en-suite bathroom with French limestone finishes, a double vanity, a step-in shower, and a separate soaking tub.

The second bedroom has a massive walk-in closet with built-in storage as well as a Boffi en-suite bathroom with a floating vanity and a vessel sink. A laundry room with a Miele washer/dryer and cherry wood cabinets completes the home. The Chelsea Mercantile is a prestigious luxury condominium offering residents 24-hour door attendants, concierge and valet service, on-site parking, an on-site Whole Foods, a state-of-the-art gym, a children’s playroom, and a sprawling rooftop deck with open city views.

There are numerous restaurants, cafes, bars, and shops nearby, and the High Line, Chelsea Market, and Madison Square Park are all a few blocks away. Nearby subway lines include the 1/F/M/C/E. Pets are welcome.

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Apartment Amenities

  • Washer/Dryer in apt.

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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