$1,475,000
SOLD APR 17, 2018

The Chelsea Mercantile 252 7th Ave Unit 7K New York, NY 10001

Chelsea Neighborhood
1 Bed
1 Bath
980 Sq Ft
$785/mo HOA Fee

Recently Sold

$1,505 Per Sq Ft

173 Days on Market

Highlights

  • Pre War Building
  • 2-minute walk to 23 Street (1,2 Line)
  • Laundry Facilities
  • P.S. 11 Sarah J. Garnet School Rated A
  • Cooling Available
  • 3-minute walk to Penn South Playground

About This Home

As of April 2018

Come home to this 980 sf one (interior) bedroom/den loft in one of downtown's most sought after white glove condominiums, the Chelsea Mercantile. With 11' ceilings and sunny eastern exposure, this over sized home features hard wood floors throughout, top of the line open kitchen with cherry wood cabinets, granite counter tops and stainless steal appliances, a limestone bathroom, ample closet space and a quiet interior bedroom. The Chelsea Mercantile is a full-service building with a magnificent 10,000-square-foot roof terrace, exercise room, laundry on every floor, private storage and Whole Foods Market on the first floor. There is a monthly assessment of $463.61 until March of 2018.

Last Agent to Sell the Property

Gabriella Winter

Corcoran Group License #30WI0740042 Listed on: 09/25/2017

Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,284

Year Built

  • Built in 1908

HOA Fees

  • $785 Monthly HOA Fees

Home Design

  • 980 Sq Ft Home
  • Pre War Building

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • East Facing Home
  • Cooling Available

Listing and Financial Details

  • Tax Block 774

Community Details

Overview

  • 352 Units
  • Chelsea Mercantile Condos
  • Chelsea/Hudson Yards Subdivision
  • 19-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,284

Year Built

Built in 1908

Lot Details

0

HOA Fees

$785 per month

Listing Details

  • Cross Street: WEST 24 STREET and WEST 25 STREET
  • Exposures: East
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Chelsea/Hudson Yards
  • Architectural Style: Prewar
  • Entry Level: 7
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 19

Interior Features

  • Living Area: 980.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

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

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area
  • Cooling: Other
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 785.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 250.0 x 197.0

Building Info

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

Tax Info

  • Tax Block: 774
  • Tax Annual: 13284.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2017
Closed on
Apr 17, 2018
Sold by
Estate Of Stephen J Butler and % : Polin Prisco & Villafane Esq
Bought by
Pegasus Capital Holdings Llc
Seller's Agent
Gabriella Winter
Corcoran Group
List Price
$1,475,000
Sold Price
$1,475,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.04%

Purchase Details

Closed on
Jan 18, 2005
Sold by
Albin Galia and Cohen Ehrlich & Frankel %
Bought by
Butler Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.77%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,435,000 --
Deed $750,000 --
Deed $750,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $600,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2025 07/09/25 For Sale $1,650,000 +11.9% $1,667 / Sq Ft
04/17/2018 04/17/18 Sold $1,475,000 0.0% $1,505 / Sq Ft
03/18/2018 03/18/18 Pending -- -- --
09/25/2017 09/25/17 For Sale $1,475,000 0.0% $1,505 / Sq Ft
08/19/2016 08/19/16 Rented -- -- --
07/20/2016 07/20/16 Under Contract -- -- --
06/25/2016 06/25/16 For Rent $5,300 -- --
08/28/2013 08/28/13 Rented -- -- --
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

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 $15,485 $125,509 $7,593 $117,916
2024 $15,485 $123,858 $7,593 $116,265
2023 $14,831 $120,905 $7,593 $113,312
2022 $15,906 $134,063 $7,593 $126,470
2021 $15,564 $130,176 $7,593 $122,583
2020 $16,697 $145,692 $7,593 $138,099
2019 $15,727 $143,006 $7,593 $135,413
2018 $14,587 $144,077 $7,593 $136,484
2017 $13,114 $118,431 $7,593 $110,838
2016 $12,325 $118,138 $7,593 $110,545
2015 $5,705 $110,955 $7,593 $103,362
2014 $5,705 $104,331 $7,593 $96,738
Source: Public Records

Agents Affiliated with this Home

  • Fionn Campbell

    Seller's Agent in 2025

    Fionn Campbell

    Campbell Fionn S

    (212) 842-0307

    6 in this area

    8 Total Sales

    Fionn Campbell
    Section Image
  • Gabriella Winter

    Seller's Agent in 2018

    Gabriella Winter

    Corcoran Group

    (212) 539-4988

    15 Total Sales

    Gabriella Winter
    Section Image
  • Kim Littlefield

    Seller's Agent in 2016

    Kim Littlefield

    Douglas Elliman Real Estate

    (347) 623-4385

    11 in this area

    19 Total Sales

    Kim Littlefield
    Section Image
See All Agents

About The Chelsea Mercantile

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10030203

Real Estate Board of New York (REBNY)

APN: 0774-1120

New York New York County New York 10001 Chelsea

252 7th Ave Unit 7K, New York, NY

This home is located at 252 7th Ave Unit 7K, New York, NY 10001 and is currently priced at $1,475,000, approximately $1,505 per square foot. This property was built in 1908. 252 7th Ave Unit 7K is a home located in New York County with nearby schools including P.S. 11 Sarah J. Garnet School, Clinton School, and Middle School 297.

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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.

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