$2,095,000
$55K PRICE DROP

The Chelsea Mercantile 252 7th Ave Unit 5T Floor 5 New York, NY 10001

Chelsea Neighborhood

Estimated payment $13,675/month

Total Views 3,803
1 Bed
2 Baths
1,140 Sq Ft
$1,838 Price per Sq Ft

Highlights

  • Concierge
  • 2-minute walk to 23 Street (1,2 Line)
  • City View
  • P.S. 11 Sarah J. Garnet School Rated A
  • Rooftop Deck
  • 3-minute walk to Penn South Playground

About This Home

Loft 5T is a one bedroom with home-office located in the south tower and has southern exposure. This loft blends modern and historic elements seamlessly to create a sense of relaxed functional luxury. The ceiling height is approximately 11 feet which enhances the overall cubic square footage so all room appear larger. The exposed brick in the home office and the over sized windows are a nod to the building's pre war grandeur. French doors open to a primary bedroom spacious enough for a king sized bed and a casual seating arrangement. The large primary bath has double sinks as well as a separate bath tub and shower. The home office, guest bath, and laundry closet are separate from the main living spaces so there is a sense of privacy and architectural balance. The Chelsea Mercantile is a full serviced condominium with garage located just above The Whole Foods Market in the heart of Chelsea.

What we like about Loft 5T:

-Exposed brick

-0pen kitchen with island.

-Beamed ceilings add character

Where you can find us:

-Located in the south tower.

-Southern exposer.

What's included:

-Subzero refrigerator

-Private storage

Listing Agent

Fionn Campbell

Campbell Fionn S License #35CA0945045 Listed on: 05/30/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,775

Year Built

  • Built in 1908

HOA Fees

  • $1,163 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 1,140 Sq Ft Home
  • Washer Dryer Allowed

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Additional Features

  • South Facing Home
  • No Cooling

Listing and Financial Details

  • Legal Lot and Block 1075 / 00774

Community Details

Overview

  • 352 Units
  • High-Rise Condominium
  • Chelsea Mercantile Condos
  • Chelsea Subdivision
  • 19-Story Property

Amenities

  • Concierge
  • Rooftop Deck
  • Children's Playroom
  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,775

Year Built

Built in 1908

Lot Details

0

HOA Fees

$1,163 per month

Listing Details

  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Chelsea
  • Entry Level: 5
  • Structure Type: High Rise
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 19

Interior Features

  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area: 1140.0
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 1

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Roof Deck, None, Private Outdoor Space Under 60 Sqft
  • Patio/Porch Features: None

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Other
  • Green Building Features: Common Playroom, Concierge, Storage
  • Cooling: Other
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1163.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Building Info

  • New Construction: No
  • Building Name: Chelsea Mercantile
  • Units: 352
  • Total Stories: 19
  • Year Built: 1908

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 00774
  • Tax Lot: 1075

Map

About The Chelsea Mercantile

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $17,775 $144,077 $8,718 $135,359
2024 $17,775 $142,181 $8,718 $133,463
2023 $17,352 $138,791 $8,718 $130,073
2022 $18,212 $153,895 $8,718 $145,177
2021 $17,866 $149,433 $8,718 $140,715
2020 $19,122 $167,245 $8,718 $158,527
2019 $17,913 $164,161 $8,718 $155,443
2018 $16,745 $165,391 $8,718 $156,673
2017 $15,055 $135,951 $8,718 $127,233
2016 $14,148 $135,615 $8,718 $126,897
2015 $6,548 $127,369 $8,717 $118,652
2014 $6,548 $119,763 $8,717 $111,046
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2025 09/15/25 Price Changed $2,095,000 -2.6% $1,838 / Sq Ft
05/30/2025 05/30/25 For Sale $2,150,000 -- $1,886 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Purchase History

Date Type Sale Price Title Company
Deed -- --
Deed $2,195,000 --
Deed -- --
Deed $1,450,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $942,500 Purchase Money Mortgage
Source: Public Records

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20027644

Real Estate Board of New York (REBNY)

APN: 0774-1075

New York New York County New York 10001 Chelsea

252 7th Ave Unit 5T, New York, NY

For Sale

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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. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

RLS Data display by Homes.com LLC

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Fionn Campbell
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Fionn Campbell
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Campbell Fionn S
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