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The Chelsea Mercantile, 252 Seventh Avenue, #6H

$2,425,000 ($1,490 per ft2) | 2 beds, 2 baths | Approx. 1,628 ft2
Building Profile  | 
294 days on Market

Key Details

  • Listed: Mar 8, 2024
    Last Price Change: ($70,000) on Aug 9
    Days on Market: 294
    Building Type: Condominium
    Neighborhood: Chelsea (Manhattan)
    Doorman: FT Doorman
    Listing viewed 299 times
Monthly Common Charges: $1,345
Monthly Real Estate Taxes: $1,753
Total Taxes & Fees: $3,098 ($1.90/ft2)
Est. Monthly Mortgage: $14,564
Total Est. Monthly Carrying Cost: $17,662 ($10.85/ft2)
Note: the above is based on a down payment of 10% ($242,500), which is the minimum amount permitted by the building.

Insider Highlights

  • Building Amenities: The building offers a 24-hour doorman, concierge, valet service, renovated lobby, new top of the line gym, children’s playroom, laundry in basement and on every floor, and direct elevator access garage. Additional features include an attended lobby, 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, and terraces/balconies.
  • Recent Upgrades: The building has undergone recent upgrades, including Local Law 11 completion in the past year, ensuring the property is up-to-date and well-maintained.
  • Historic Building: Built in 1906, this historic structure has been tastefully converted into a residential property, offering a unique blend of classic charm and modern convenience.
  • Desirable Location: This spacious 2 bedroom, 2 bath loft is located in the highly sought-after Chelsea neighborhood, with Whole Foods in the building and cross town and subway just a block away.
  • Stylish Interior: The loft boasts 11 foot ceilings, large windows, touches of exposed brick, strip hardwood floors, custom lighting, electric shade, custom closets, and custom doors. The open kitchen is equipped with stainless steel appliances and an island with a breakfast bar.
  • Comfortable Living: The large primary bedroom features a huge walk-in closet and a luxurious en-suite bath with a double sink, deep soaking tub, and separate shower. The second bedroom can also serve as a den or home office.

Description

FANTASTIC 2 BEDROOM OPPORTUNITY AT CHELSEA MERCANTILE

Chelsea Mercantile is everyone’s favorite condo in Chelsea. Residence 6H is a well-priced, enormous two bedroom, two bath loft with 11 foot ceilings, large windows and touches of exposed brick. This very special home has only had one owner with very light use and is in excellent, move in condition.

As you enter the apartment, you immediately are impressed with the scale of the great room, with generous living and dining areas and an open kitchen which measures over 30’ by 17.5".

The chef’s kitchen has stainless steel appliances, an island with a breakfast bar, plenty of room to prep your meals and abundant storage. You would never say there are too many cooks in this kitchen because of the layout and space. The great room faces north with three large windows that allow for constant sunlight though out the day.

The primary bedroom is bigger than a luxury hotel room, 20’ by 12’2" and will fit your king sized bed, dresser, seating for morning coffee and a desk.

The walk in closet is huge, all outfitted by California Closets and has shoe storage. En-suite luxurious bath has a double sink, deep soaking tub and separate shower. The second bedroom is 18’ by 11" and can easily accommodate two twin beds or if you prefer, this could be a wonderful den or home office.

Another large full bath off the hallway can also serve as your powder room.

Other additions to note are washer dryer, crown molding, strip hardwood floors, custom lighting, electric shade, exposed brick, custom closets, custom doors and a large storage unit. Chelsea Mercantile has 24 hour doorman, concierge, valet service, renovated lobby, new top of the line gym, soon to be brand new roof deck, children’s playroom, laundry in basement and on every floor and direct elevator access garage.

Located at Seventh Avenue between 24th and 25th Street, you have Whole Foods in the building, cross town and subway a block away, truly a most convenient location.

There is an ongoing capital assessment of $270 and a special assessment of $905 till June 30, 2025 for roof deck upgrade and elevator upgrades. Local Law 11 has been completed in the past year.

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Listing courtesy of Douglas Elliman Real Estate

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 0.09 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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