The Chelsea Mercantile 252 7th Ave Unit 3K New York, NY 10001
Chelsea NeighborhoodEstimated payment $9,532/month
Highlights
- Central Air
- 2-minute walk to 23 Street (1,2 Line)
- East Facing Home
- P.S. 11 Sarah J. Garnet School Rated A
- Laundry Facilities
- 3-minute walk to Penn South Playground
About This Home
Now available on what is most likely the most coveted floor of the Chelsea Mercantile, this authentic loft residence features soaring 12.7-foot ceilings (highest in the building), freshly refinished floors, tall east-facing windows, and an exceptional sense of volume that is rarely found. This true loft offers a flexible, open layout with a smartly integrated kitchen, stainless steel appliances, and generous storage throughout. The ceiling height presents a unique opportunity to add a custom mezzanine, perfect for a home office or additional sleeping area. The bedroom is spacious, quiet, and well-proportioned, with a full wall of closets and room for a king-sized bed. It offers a tranquil retreat in the heart of Chelsea. Chelsea Mercantile is one of the neighborhood’s most iconic full-service condominiums, offering white-glove service, a newly renovated lobby, on-site parking, a well-equipped gym, children’s playroom, laundry room, and Whole Foods directly in the building. The building’s expansive roof deck is currently undergoing a high-end renovation to resort standard. Located in prime Chelsea near Madison Square Park, top restaurants, shops, and major subway lines (N, R, W, F, M, 1, E, and C), this is an opportunity to own a piece of classic New York City loft living and experience refined for modern life. Pets welcome
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $15,816
Year Built
- Built in 1910
HOA Fees
- $876 Monthly HOA Fees
Home Design
- 990 Sq Ft Home
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Utilities
- Central Air
- No Heating
Additional Features
- Dishwasher
- East Facing Home
Listing and Financial Details
- Property Available on 5/8/25
Community Details
Overview
- 352 Units
- Chelsea Subdivision
Amenities
- Laundry Facilities
Map
About The Chelsea Mercantile
Home Values in the Area
Average Home Value in this Area
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 | $15,620 | $126,603 | $7,661 | $118,942 |
| 2024 | $15,620 | $124,938 | $7,661 | $117,277 |
| 2023 | $14,961 | $121,959 | $7,661 | $114,298 |
| 2022 | $13,236 | $135,231 | $7,661 | $127,570 |
| 2021 | $15,699 | $131,311 | $7,661 | $123,650 |
| 2020 | $13,895 | $146,962 | $7,661 | $139,301 |
| 2019 | $13,088 | $144,252 | $7,661 | $136,591 |
| 2018 | $14,714 | $145,332 | $7,660 | $137,672 |
| 2017 | $13,229 | $119,463 | $7,660 | $111,803 |
| 2016 | $12,432 | $119,168 | $7,661 | $111,507 |
| 2015 | $5,754 | $111,923 | $7,661 | $104,262 |
| 2014 | $5,754 | $105,239 | $7,661 | $97,578 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/03/2025 12/03/25 | For Rent | $7,200 | 0.0% | -- | |
| 08/13/2025 08/13/25 | Price Changed | $1,395,000 | -7.0% | $1,409 / Sq Ft | |
| 05/09/2025 05/09/25 | For Sale | $1,500,000 | +34.5% | $1,515 / Sq Ft | |
| 06/17/2016 06/17/16 | Sold | -- | -- | -- | View Prior Sale |
| 05/18/2016 05/18/16 | Pending | -- | -- | -- | |
| 09/20/2005 09/20/05 | For Sale | $1,115,000 | -- | $1,121 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,050,000 | -- | |
| Deed | $1,050,000 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Deed | $680,000 | -- | |
| Deed | $680,000 | -- |
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20022552
APN: 0774-1016
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