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The Chelsea Mercantile, 252 Seventh Avenue, #PHD

$8,500,000 ($2,429 per ft2) | 5 beds, 3 baths | Approx. 3,500 ft2
View Full Building Profile  | 
19 days on Market

Key Details

  • Listed: Apr 10, 2024
    Days on Market: 19
    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 ($3.65/ft2)
Est. Monthly Mortgage: $52,811
Total Est. Monthly Carrying Cost: $65,569 ($18.73/ft2)
Note: the above is based on a down payment of 10% ($850,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Luxurious Living Space: This triplex penthouse offers approximately 3500 sq ft of luxurious indoor space and an additional 1250 sq ft of outdoor space. It features five bedrooms, three bathrooms, a sixty ft Great Room for generous living, dining, and grand entertaining, and a home office/media room/5th bedroom with its own en suite bath.
  • Stunning Views and Outdoor Amenities: The apartment offers iconic New York views from the expanse of windows in every room. The oversized outdoor spaces include a separate fitness room/yoga studio with an outdoor shower.
  • Prime Location: The property is located in the Chelsea neighborhood, with good public transportation in the area. It is convenient to the Flatiron District to the east and Greenwich Village to the south.
  • Building and Apartment Amenities: The building amenities include a 24-hour doorman and concierge, valet and maid service, a fitness center with children’s playroom, an expansive planted roof deck with beautiful city and river views, a garage and a Whole Foods Market on the corner. Apartment amenities include a terrace, city view, river view, and washer/dryer in the apartment.
  • Architectural Details: The building, built in 1906, has 354 apartments across 21 floors. Many units have exposed brick walls with nine-foot beamed ceilings and walk-in closets. The gourmet kitchens feature stainless-steel appliances, black granite countertops, cherry wood cabinets, and built-in garbage disposals.
  • Luxurious Bathrooms: The master bathrooms have limestone walls and floors, deep soaking tubs, and separate stall showers.

Description

PENTHOUSE D: THE PINNACLE , THE CROWN JEWEL OF THE CHELSEA MERCHANTILE IS NOW AVAILABLE AND CORRECTLY PRICED FOR TODAY’S MARKET!!!
PH D is a luxurious, approx. 3500 sq ft TRIPLEX PENTHOUSE with an additional 1250 sq ft of outdoor space divided between two levels. This unique offering consists of five bedrooms and three bathrooms brought together by a SIXTY ft Great Room designed for generous living, dining and grand entertaining.

The iconic New York views (southern, western and northern) are sensational from the expanse of windows in every room. Also featured on the main level is your home office/media room/5th bedroom with it’s own en suite bath. The second level features three bedrooms and one bath.

The third and final level is home to the Primary Suite and Sitting Room with an en suite bath and huge walk in closet. The oversized outdoor spaces include a separate fitness room/yoga studio(with outdoor shower) and are in a league of their own. The southern views from upper terrace face the lower Manhattan Skyline with a birds eye view of the one and only Chelsea Hotel.

The western view offers you the Hudson River and the northern views from the lower terrace is replete with the new and fabulous look of Hudson Yards. This is where sophisticated Chelsea living begins and remains unsurpassed. Priced to sell, so make it your own! (*Some photos are virtually staged).

The Chelsea Mercantile is Chelsea’s original luxury condo conversion. It offers: 24 Hr Doorman/Concierge, Bike Storage, Courtyard, Fitness Room, Garage, Garden, High Speed Internet, Laundry Room on every floor Nursery/Playroom, Private Storage, Residents Lounge, Roof Deck, & Valet Service.
*This sale may be subject to court approval

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Apartment Amenities

  • City View
  • River View
  • Washer/Dryer in apt.

Listing Agent (Seller's Representative)

Listing courtesy of Stephen P Wald Real Estate Associates 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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