
The Chelsea Mercantile 252 7th Ave Unit 5T New York, NY 10001
Chelsea NeighborhoodEstimated payment $14,713/month
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
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $17,775
Year Built
- Built in 1908
HOA Fees
- $1,163 Monthly HOA Fees
Parking
- Garage
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
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 |
---|---|---|---|---|
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 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/30/2025 05/30/25 | For Sale | $2,150,000 | -- | $1,886 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | -- | -- | |
Deed | $2,195,000 | -- | |
Deed | -- | -- | |
Deed | $1,450,000 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $942,500 | Purchase Money Mortgage | |
Previous Owner | $175,000 | No Value Available | |
Previous Owner | $25,000 | Credit Line Revolving | |
Previous Owner | $420,000 | No Value Available |
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Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20027644

APN: 0774-1075
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