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The Chelsea Mercantile, 252 Seventh Avenue, #6U

$3,250,000 ($1,967 per ft2) | 2 beds, 2 baths | Approx. 1,652 ft2
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25 days on Market

Key Details

  • Listed: Apr 4, 2024
    Days on Market: 25
    Building Type: Condominium
    Neighborhood: Chelsea (Manhattan)
    Doorman: FT Doorman
Monthly Common Charges: $1,400
Monthly Real Estate Taxes: $2,224
Total Taxes & Fees: $3,624 ($2.19/ft2)
Est. Monthly Mortgage: $20,192
Total Est. Monthly Carrying Cost: $23,816 ($14.42/ft2)
Note: the above is based on a down payment of 10% ($325,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Prime Location: This meticulously renovated 2-bedroom, 2-bathroom apartment is located in the heart of Chelsea, a vibrant and convenient neighborhood. It's housed in the iconic Chelsea Mercantile, a historic building that was converted into a boutique, full-service condominium in 2000.
  • Luxurious Interiors: The unit boasts high 11'+ ceilings, south-facing light from seven-foot-tall windows with automatic blinds, wide oak flooring, and Venetian plaster architectural columns. The open plan kitchen features custom Italian cabinetry, imported stone countertops, and luxury appliances from Viking, Bosch, SubZero, and Miele.
  • Spacious and Comfortable Living: The expansive primary suite comes with a spacious custom walk-in closet and a luxurious en-suite bathroom. A secondary home office provides privacy and a quiet workspace, perfect for those who work from home.
  • Full-Service Building: The Chelsea Mercantile offers full white-glove service including a 24/7 concierge and doormen, a children’s playroom, a state-of-the-art fitness and yoga center, and a sprawling 10,000 sq. ft. roof garden with panoramic 360-degree views.
  • Convenient Amenities: The building houses a Whole Foods on the ground floor for convenient grocery shopping and offers a range of amenities including a fitness center, children's playroom, rooftop terrace, on-site parking, outdoor entertainment space, in-unit washer/dryer, bike room, and live-in superintendent.
  • Easy City Navigation: The apartment is close to public transportation, making it easy to navigate the city. The building's impressive rotunda lobby and concierge service add to the luxury living experience.

Description

Welcome to Residence 6U at the iconic Chelsea Mercantile, situated in the heart of Chelsea. This spectacular three bedroom, two bathroom apartment just completed a meticulous year long renovation by Lisa Chow and Jason Allen of Workshop DA. This perfectly positioned residence offers an opportunity to have a new development product in one of the most convenient locations in Chelsea. As you enter the unit, you can’t help but notice the scale of this home, from the 11 ’+ ceilings to voluminous 35’ long great room.

South facing light emanates from a bank of seven foot tall windows, complete with automatic blinds, into a dramatic open-plan great room with generously proportioned dining and living areas. The great room seamlessly transitions to an open plan kitchen, featuring custom Italian cabinetry and imported stone countertops. Enjoy a full suite of luxury kitchen appliances, including Viking, Bosch, SubZero and Miele.

The wide oak flooring and venetian plaster architectural columns creates a cohesive blend of finishes that’s both form and function. The expansive Primary Suite is replete with a spacious, custom, walk-in closet, king bed, and en-suite bathroom that would be the envy of any luxury spa or hotel. A secondary home office is situated apart from the master suite providing privacy for you and your guests, or a quiet respite to drive into your work. Plentiful closet space is located throughout the home. Originally built in 1908, this former textile and garment warehouse was lovingly and meticulously restored to its former glory when reimagined as a boutique, full service, condominium in 2000.

Offering a perfect blend of period specific loft like living with modern convenience, residents are treated to unparalleled spaces, luxury finish and utmost privacy in a consummately chic location. At The Chelsea Mercantile, residents enjoy full white-glove service that includes a 24/7 concierge and doormen, a children’s playroom, a state-of-the-art fitness and yoga center, a sprawling 10,000 sq. ft. roof garden with panoramic 360 degree views, resident manager, a beautifully renovated ODA designed lobby + lounge, and a Whole Foods on the ground floor. There is currently an assessment in place.

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Listing Agent (Seller's Representative)

Listing courtesy of Leslie J Garfield & Co Inc

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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