NOT LISTED FOR SALE

The Chelsea Mercantile 252 7th Ave Unit 18E Floor 18 New York, NY 10001

Chelsea Neighborhood

Estimated Value: $2,321,062

2 Beds
2 Baths
1,277 Sq Ft
1.13 Acre Lot

Sale Details

Date Sold: January 14, 2025

Last sale price $2,300,000 $1,801 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $16,752 / mo

275 Days on Market

Highlights

  • 49,375 Sq Ft lot
  • 1-minute walk to 23 Street (1,2 Line)
  • Home Gym
  • P.S. 11 Sarah J. Garnet School Rated A
  • Pre War Building
  • 4-minute walk to Penn South Playground

About This Home

As of January 2025

Mint 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

Daniela Sassoun

Sothebys International Realty License #30SA1027169 Listed on: 02/20/2024

Sothebys International Realty

Co-Listed By

Mark Mistovich

Sothebys International Realty License #10301208170

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $27,588

Year Built

  • Built in 1907

Lot Details

  • 1.13

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
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$27,588

Year Built

Built in 1907

Lot Details

1.13 Acres

HOA Fees

$1,207 per month

Listing Details

  • Exposures: North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Chelsea
  • Architectural Style: Prewar
  • Entry Level: 18
  • Structure Type: None
  • CustomProperty: { "WeeklyRate": null, "OffMarketDate": "2025-01-14", "LivingAreaRange": null, "GuestHouseYN": null, "Lang2_Type": null, "AboveGradeUnfinishedAreaRange": null, "GuestHouseAreaTotalUnits": null, "PrivateShowingInstructions": null, "NumberOfBoatSlips": null, "LotSizeRangeUnits": null, "LakeId": null, "BuildingAreaTotalRange": null, "HumanModifiedYN": false, "MineralRights": null, "LotSizeRangeSource": null, "Permission": null, "Membership": null, "ModificationTimestamp": "2026-08-05T17:37:40.483-00:00", "Restrictions": "Rental Allowed", "BoatDockSlipFeatures": null, "OffersReviewDate": null, "AdditionalFeeFrequency": null, "PotentialShortSale": null, "TitleCompanyPhone": null, "LeaseAmountPerAreaUnit": null, "AssociationFeeTotal": null, "PropertyAccess": null, "AdditionalFee": null, "LakeSize": null, "LivingAreaRangeHigh": null, "LotSizeAreaRangeLow": null, "GarageArea": null, "BelowGradeFinishedAreaRange": null, "BuildingAreaTotalRangeSource": null, "GarageAreaUnits": null, "AdditionalFeeYN": false, "LakeChainName": null, "BelowGradeFinishedAreaRangeUnits": null, "DevelopmentName": null, "TaxAuthority": null, "ProjectName": null, "WaterAccessYN": null, "AssociationFeeTotalFrequency": null, "ListOfficeMlsId": "1348", "GarageDimensions": null, "BelowGradeBedrooms": null, "MembershipRequiredYN": null, "AboveGradeBedrooms": null, "GulfAccessYN": null, "TaxAssessedValueImprovement": null, "AboveGradeUnfinishedAreaRangeSource": null, "OtherExpenseDescription": null, "MembershipFeeFrequency": null, "ListingKeyNumeric": 1092340427, "AdditionalInfo3": null, "BoatDockSlipDescription": null, "AdditionalInfo1": null, "PublicRemarks_lang2": null, "AdditionalInfo2": null, "PublicRemarks_lang3": null, "SourceFloorPlansCount": null, "LastMonthRentReqYN": null, "AboveGradeUnfinishedAreaRangeUnits": null, "ListAOR": null, "ThirdPartyIntegrationType": null, "BuildingAreaTotalRangeUnits": null, "PricePerAreaUnit": null, "FractionalShare": null, "TitleCompanyName": null, "AboveGradeFinishedAreaRangeSource": null, "BelowGradeFinishedAreaRangeSource": null, "OriginatingSystemKey": "2989429", "GuestHouseAreaTotalSource": null, "LeaseTermsDescription": null, "PropertyType": "Residential", "LivingAreaRangeUnits": null, "OriginatingSystemName": "RLS", "BelowGradeUnfinishedAreaRangeSource": null, "LandTenure": null, "OffSeasonRate": null, "Attic": null, "MembershipFee": null, "BoatDockAccommodates": null, "PropertySubTypeAdditional": "Apartment", "PricePerArea": null, "BoatDockYN": null, "BonusAmount": null, "GuestHouseAreaTotal": null, "ListingKey": "1092340427", "GuestHouseDescription": null, "SecurityDepositYN": null, "SourceSupplementPublicCount": null, "SaleOrLeaseIncludes": null, "AdditionalFeeDescription": null, "InternetEntireListingDisplayYN": true, "SeasonRate": null, "ComplexName": null, "StoriesPartial": null, "CustomFields": "{\n \"ElevatorsTotal\": \"6\",\n \"PercentOfCommonElements\": \"0.00\",\n \"CommercialUnitsYN\": \"0\",\n \"FlipTaxRemarks\": \"Call Listing Agent\",\n \"FlipTax\": \"0.00\",\n \"BuildingTaxLot\": \"7501\",\n \"MaximumFinancingRemarks\": \"80%\",\n \"BuyerAgentRLSParticipantYN\": \"0\",\n \"SponsorUnitYN\": \"0\",\n \"GuarantorsAcceptedYN\": \"1\",\n \"CertificateOfOccupancyYN\": \"0\",\n \"TaxMonthlyAmount\": \"2299.00\",\n \"FlipTaxType\": \"SeeRemarks\",\n \"TaxAbatementYN\": \"0\",\n \"AttendanceType\": \"DoormanFullTime,DoormanYes\",\n \"MaximumFinancingPercent\": \"80.00\",\n \"ListingKey\": \"1092340427\"\n}", "BoatDockHeight": null, "AvailabilityType": null, "LakeName": null, "OriginatingSystemSubName": "RLS_REBNY", "RiverName": null, "BelowGradeUnfinishedAreaRangeUnits": null, "ListOfficeKey": "5658923", "TaxYearRange": null, "NumberOfBoatDocks": null, "LotSizeAreaRangeHigh": null, "TaxAssessedValueLand": null, "StandardStatus": "Closed", "GulfAccessType": null, "BoatSlipYN": null, "StormProtection": null, "LivingAreaRangeSource": null, "LeaseAmountPerArea": null, "TitleCompanyAddress": null, "MonthlyRate": null, "WaterAccessDescription": null, "SecurityDepositDescription": null, "TaxRate": null, "BelowGradeUnfinishedAreaRange": null, "MembershipDescription": null, "TitleCompanyPreferred": null, "AboveGradeFinishedAreaRangeUnits": null, "AboveGradeFinishedAreaRange": null, "LivingAreaRangeLow": null, "BuildingSizeDimensions": null, "PropertySubType": "Apartment", "UnitLocation": null, "ConsumerRemarks": null, "LotSizeRange": null, "OffersDescription": null, "Lang3_Type": null, "StoriesPartialTotal": null, "Location": null, "ListingId": null, "RentSpreeYN": null, "RentSpreeURL": null, "ApplicationFee": null, "CommunityDevelopmentDistrictYN": null, "SourceSystemKey": null }
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 21

Interior Features

  • Interior Features: Elevator, Storage
  • Appliances: Dryer, Washer/Dryer Stacked, Washer
  • Fireplace: No
  • Living Area: 1277.0
  • Living Area Units: Square Feet
  • Dining Room Type: Gym

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Exterior Features

  • Direction Faces: North
  • Exterior Features: Building Courtyard, Courtyard
  • Other Structures: Garage(s)

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building In Basement, Common On Floor, In Basement, In Unit

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1207.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 49375.0
  • Lot Size Dimensions: 197.5 x 250.0

Building Info

  • New Construction: No
  • Building Name: The Chelsea Mercantile
  • Units: 352
  • Total Stories: 21
  • Year Built: 1907

Rental Info

  • Furnished: Negotiable
  • Owner Pays: None
  • Available Date: 2024-02-16

Tax Info

  • Tax Block: 00774
  • Tax Lot: 7501
  • Tax Annual: 27588.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
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
$2,321,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,062
Avg. Annual Appreciation
0.55%
Original Mortgage
$1,610,000
Outstanding Balance
$1,581,494
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$739,568

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
-4.75%

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
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Chelsea, NY

  • Dogan Baruh Real Estate Agent - Compass

    Dogan Baruh

    Compass

    (917) 473-8158

    54 Total Sales

    3 in Chelsea

    $1.4M - $3M Price Range

    Dogan Baruh
     Section Image
  • Jamie Heinlein Real Estate Agent - Compass

    Jamie Heinlein

    Compass

    (646) 933-1437

    117 Total Sales

    3 in Chelsea

    $505K - $1.2M Price Range

    Jamie Heinlein
     Section Image
  • Melissa Vance Real Estate Agent - Sothebys International Realty

    Melissa Vance

    Sothebys International Realty

    (844) 372-0815

    32 Total Sales

    3 in Chelsea

    $1.3M - $4.8M Price Range

    Melissa Vance
     Section Image
  • Ronita Kalra Real Estate Agent - Compass

    Ronita Kalra

    Compass

    (347) 652-2182

    52 Total Sales

    2 in Chelsea

    $600K - $699K Price Range

    Ronita Kalra
     Section Image
  • Phil Wells Real Estate Agent - Corcoran Group

    Phil Wells

    Corcoran Group

    (855) 219-7680

    29 Total Sales

    1 in Chelsea

    $2,590,000 Price

    Phil Wells
     Section Image
  • Gerald Gemignani Real Estate Agent - Corcoran Group

    Gerald Gemignani

    Corcoran Group

    (844) 409-2928

    35 Total Sales

    1 in Chelsea

    $1,335,000 Price

    Gerald Gemignani
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,300,000 --
Meherali Sonita $2,300,000 Titlevest Agency
Css 252 7Th Avenue 18E Llc -- --
Aron David Ian $2,925,000 --
Basil Holdings Llc -- --
Blum Investment Holdings Llc $2,575,000 --
Carmel David A -- --
Carmel David A $668,810 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,610,000
Closed -- $1,610,000
Closed Carmel David $3,125
Closed Carmel David $1,000,000
Closed Carmel David A $625,000
Closed Carmel Jason $450,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $28,105 $227,300 $13,603 $213,697
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 Real Estate Agent - Sothebys International Realty

    Seller's Agent in 2025

    Daniela Sassoun

    Sothebys International Realty

    (917) 689-7672

    3 in this area

    19 Total Sales

    Daniela Sassoun
    Section Image
  • Mark Mistovich Real Estate Agent - Sothebys International Realty

    Seller Co-Listing Agent in 2025

    Mark Mistovich

    Sothebys International Realty

    (646) 713-4014

    4 in this area

    19 Total Sales

    Mark Mistovich
    Section Image
  • Leonard Steinberg Real Estate Agent - Compass

    Seller's Agent in 2021

    Leonard Steinberg

    Compass

    (646) 375-1932

    22 in this area

    153 Total Sales

    Leonard Steinberg
    Section Image
  • Hervé Senequier Real Estate Agent - Compass

    Seller Co-Listing Agent in 2021

    Hervé Senequier

    Compass

    (917) 353-2890

    21 in this area

    101 Total Sales

    Hervé Senequier
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About The Chelsea Mercantile

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10977183

Real Estate Board of New York (REBNY)

APN: 0774-1339

New York New York County New York 10001 Chelsea

252 7th Ave Unit 18E, New York, NY

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.

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