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The Chelsea Mercantile, 252 Seventh Avenue, #PHD

$7,950,000 ($2,092 per ft2) | 4 beds, 3 baths | Approx. 3,800 ft2
Building Profile  | 
1 days on Market

Key Details

  • Listed: Nov 22, 2024
    Days on Market: 1
    Building Type: Condominium
    Neighborhood: Chelsea (Manhattan)
    Doorman: FT Doorman
Monthly Common Charges: $3,319
Monthly Real Estate Taxes: $9,439
Total Taxes & Fees: $12,758 ($3.36/ft2)
Est. Monthly Mortgage: $47,747
Total Est. Monthly Carrying Cost: $60,505 ($15.92/ft2)
Note: the above is based on a down payment of 10% ($795,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Stunning Outdoor Terraces: Over 1,600 sqft of private outdoor space with sweeping Southern views of the Manhattan skyline.
  • Expansive Great Room: A vast 60-ft long Great Room perfect for entertaining, featuring high ceilings and abundant natural light.
  • Luxurious Primary Suite: Sumptuous 32 × 10 ft Primary Bedroom with a sitting area and a massive 35 × 24 ft private terrace.
  • Chef's Kitchen: Separate Chef’s kitchen with high-end finishes, ideal for culinary enthusiasts and entertaining guests.
  • Exclusive Media Room: Dedicated media room/study with adjacent terrace offering dramatic Empire State views.
  • High-End Design: Designed by AD100 Jordan Carlyle, featuring an open column-free plan tailored for discerning buyers.

Description

Helicopter skyline views are yours in this spectacular 3,800 sqft, iconic penthouse. South-facing, high ceilings, perfectly prewar/renovated with over 1,600 sqft of multiple, incredibly private outdoor terraces afford sweeping Southern views of the Manhattan skyline at the renowned Chelsea Mercantile. A vast 60-ft long Great Room includes the dining room, separate Chef’s kitchen and breakfast area -- this triplex loft checks every box. The penthouse’s guest bedroom with en-suite bath, perfectly separated for privacy, an enormous walk-in guest closet, vented laundry room with sink and ample storage.

On the 2nd level, there are an additional 2 bedrooms (both with incredible Southern views) which share a full bath, plus media room / study with an adjacent 33×24 terrace with dramatic Empire State views. Rising to the 3rd level is a fabulously sumptuous Primary Bedroom at 32 × 10 feet with a sitting area and enormous 35×24 private terrace. This terrace features a glass-enclosed 14×9 meditation room/office with striking birds-eye sunset views. Designed by AD100 Jordan Carlyle, this trophy home configures as an open column-free plan, highlighting the must-have requirements of the most discerning buyer.

The Chelsea Mercantile is known for world-class high security, 24-hour concierge, upgraded amenities, fitness, playroom, and paparazzi-proofed private parking. Whole Foods at the ground level. Quite possibly the most convenient downtown location steps from the newly-reimagined Chelsea Hotel, all major neighborhoods and trains. Moments to Madison Square Park, Hudson Yards, the Avenues School, Midtown and West Chelsea gallery district.

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Apartment Amenities

  • Garden

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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