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The Chelsea Mercantile, 252 Seventh Avenue, #PHD

$7,950,000 ($2,314 per ft2) | 5 beds, 3 baths | Approx. 3,436 ft2
Building Profile  | 
35 days on Market

Key Details

  • Listed: Nov 22, 2024
    Days on Market: 35
    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 ($3.71/ft2)
Est. Monthly Mortgage: $47,747
Total Est. Monthly Carrying Cost: $60,505 ($17.61/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 Skyline Views: Experience breathtaking helicopter skyline views from multiple private terraces, showcasing the iconic Manhattan skyline.
  • Expansive Great Room: A vast 60-ft long Great Room seamlessly integrates dining and a separate Chef’s kitchen, perfect for entertaining.
  • Luxurious Primary Suite: The sumptuous Primary Bedroom features a sitting area and an enormous private terrace with a glass-enclosed meditation room.
  • High-End Renovations: This prewar penthouse boasts high ceilings and a modern open column-free plan, designed by renowned AD100 designer Jordan Carlyle.
  • Exclusive Building Amenities: Enjoy world-class amenities including a 24-hour doorman, concierge, fitness center, and a rooftop terrace with stunning views.
  • Prime Chelsea Location: Located steps from the newly-reimagined Chelsea Hotel and Whole Foods, with easy access to major neighborhoods and public transport.

Description

Helicopter skyline views are yours in this spectacularly iconic penthouse with multiple private terraces. South-facing, high ceilings, perfectly prewar/renovated with over 1,600 sqft of several 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. Ongoing assessment of $631.26.

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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 0.09 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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