Seller's Agent in 2025
Daniela Sassoun
Sothebys International Realty
(917) 689-7672
2 in this area
18 Total Sales
The Chelsea Mercantile 252 7th Ave Unit 18E Floor 18 New York, NY 10001
Chelsea Neighborhood
2
Beds
2
Baths
1,277
Sq Ft
$1,207/mo
HOA Fee
Highlights
- 49,375 Sq Ft lot
- 2-minute walk to 23 Street (1,2 Line)
- Home Gym
- P.S. 11 Sarah J. Garnet School Rated A
- Pre War Building
- 3-minute walk to Penn South Playground
About This Home
As of January 2025Mint condition, high floor, fully furnished, with two bedrooms and two baths, imagined by a renowned designer the apartment has an open floor plan, 12' ceilings, incredible city views. The primary suite has abundant closets, a marble bath, and an enormous shower. The second bedroom can be closed off by closing the walnut paneling. Washer and dryer in the unit as well as electronic shades and full AV system. Full chef's kitchen with top of the line appliances.
The Chelsea Mercantile is a full-service luxury Condominium with a recently renovated lobby with 24-hour doorman services, parking with direct elevator access, a state-of-the-art gym, a children's playroom, an in-house laundry/dry-cleaning valet service, supplemental laundry facilities (the unit has a washer-dryer too), and an enviable landscaped roof terrace. This location nestled between centrally positioned Madison Square Park and Hudson Yards/West Chelsea is rich in amenities, with a Whole Foods Market at your doorstep, and Eataly, Chelsea Market, Trader Joe's, to name a few, close by. Additional nearby attractions include The Highline and Hudson River Parks, Hudson Yard, Chelsea Piers, The West Chelsea Gallery District.
Capital Assessment is ongoing: $242.76/month
Special Assessment from July 2023 – June 2025: $812.41/month
Last Agent to Sell the Property
Sothebys International Realty License #30SA1027169 Listed on: 02/20/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $27,588
Year Built
- Built in 1907
HOA Fees
- $1,207 Monthly HOA Fees
Parking
- Garage
Home Design
- Pre War Building
- Entry on the 18th floor
Interior Spaces
- 1,277 Sq Ft Home
- Furnished or left unfurnished upon request
- Storage
- Stacked Washer and Dryer
- Home Gym
- Laundry in Basement
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Additional Features
- Courtyard
- North Facing Home
Listing and Financial Details
- Property Available on 2/16/24
- Legal Lot and Block 7501 / 00774
Community Details
Overview
- 352 Units
- The Chelsea Mercantile Condos
- Chelsea Subdivision
- 21-Story Property
Amenities
- Courtyard
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 20, 2024
Closed on
Jan 14, 2025
Sold by
Css 252 7Th Avenue 18E Llc
Bought by
Meherali Rafiq and Meherali Sonita
Seller's Agent
Daniela Sassoun
Sothebys International Realty
List Price
$2,500,000
Sold Price
$2,300,000
Premium/Discount to List
-$200,000
-8%
Views
56
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,889
Avg. Annual Appreciation
6.84%
Original Mortgage
$1,610,000
Outstanding Balance
$1,598,358
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$823,531
Purchase Details
Closed on
Aug 16, 2022
Sold by
Aron David Ian
Bought by
Css 252 7Th Avenue 18E Llc
Purchase Details
Listed on
Feb 16, 2021
Closed on
Jun 9, 2021
Sold by
Basil Holdings Llc
Bought by
Aron David Ian
Seller's Agent
Leonard Steinberg
Compass
List Price
$3,000,000
Sold Price
$3,000,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.77%
Purchase Details
Closed on
Dec 3, 2017
Sold by
Blum Investment Holdings Llc and Serpico %
Bought by
Basil Holdings Llc
Purchase Details
Closed on
May 9, 2014
Sold by
Carmel David A and Carmel Kirsten Axelsen
Bought by
Blum Investment Holdings Llc
Purchase Details
Closed on
Dec 29, 2006
Sold by
Carmel David A
Bought by
Carmel David A and Carmel Kirsten Axelsen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 21, 2006
Sold by
Carmel Jason
Bought by
Carmel David A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $2,300,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $2,925,000 | -- | |
| Deed | $2,925,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $2,575,000 | -- | |
| Deed | $2,575,000 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Deed | $668,810 | -- | |
| Deed | $668,810 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,610,000 | Purchase Money Mortgage | |
| Previous Owner | $625,000 | Purchase Money Mortgage | |
| Closed | $0 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/14/2025 01/14/25 | Sold | $2,300,000 | -8.0% | $1,801 / Sq Ft | |
| 11/21/2024 11/21/24 | Pending | -- | -- | -- | |
| 02/20/2024 02/20/24 | For Sale | $2,500,000 | 0.0% | $1,958 / Sq Ft | |
| 04/07/2023 04/07/23 | For Rent | $10,500 | 0.0% | -- | |
| 04/07/2023 04/07/23 | Under Contract | -- | -- | -- | |
| 04/04/2023 04/04/23 | Rented | $10,500 | +2.4% | -- | |
| 11/16/2022 11/16/22 | Rented | $10,250 | -4.7% | -- | |
| 09/06/2022 09/06/22 | Price Changed | $10,750 | -6.5% | $8 / Sq Ft | |
| 08/16/2022 08/16/22 | Price Changed | $11,500 | -8.0% | $9 / Sq Ft | |
| 08/01/2022 08/01/22 | For Rent | $12,500 | 0.0% | -- | |
| 06/09/2021 06/09/21 | Sold | $3,000,000 | 0.0% | $2,349 / Sq Ft | View Prior Sale |
| 05/05/2021 05/05/21 | Pending | -- | -- | -- | |
| 11/05/2013 11/05/13 | For Sale | $3,000,000 | -- | $2,349 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $27,739 | $224,837 | $13,603 | $211,234 |
| 2024 | $27,739 | $221,878 | $13,603 | $208,275 |
| 2023 | $26,569 | $216,588 | $13,603 | $202,985 |
| 2022 | $23,507 | $240,159 | $13,603 | $226,556 |
| 2021 | $27,881 | $233,196 | $13,603 | $219,593 |
| 2020 | $29,911 | $260,991 | $13,603 | $247,388 |
| 2019 | $28,174 | $256,180 | $13,603 | $242,577 |
| 2018 | $26,132 | $258,098 | $13,603 | $244,495 |
| 2017 | $23,493 | $212,157 | $13,603 | $198,554 |
| 2016 | $0 | $211,631 | $13,603 | $198,028 |
| 2015 | $10,220 | $198,764 | $13,603 | $185,161 |
| 2014 | $10,220 | $186,897 | $13,603 | $173,294 |
Source: Public Records
Agents Affiliated with this Home
-
Daniela Sassoun
-
Mark Mistovich
Seller Co-Listing Agent in 2025
Mark Mistovich
Sothebys International Realty
(646) 713-4014
3 in this area
18 Total Sales
-
Leonard Steinberg
Seller's Agent in 2021
Leonard Steinberg
Compass
(646) 375-1932
23 in this area
141 Total Sales
-
Hervé Senequier
Seller Co-Listing Agent in 2021
Hervé Senequier
Compass
(917) 353-2890
21 in this area
82 Total Sales
About The Chelsea Mercantile
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10977183
APN: 0774-1339
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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.
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