
The Chelsea Mercantile 252 7th Ave Unit 7Q New York, NY 10001
Chelsea NeighborhoodEstimated payment $16,665/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
Experience loft living at its finest in this meticulously designed apartment, featuring functional built-ins, designer lighting, and ample custom storage throughout. Sunlight floods the space through oversized, south-facing tilt-and-turn windows, ensuring a bright and airy atmosphere all day long. The apartment's spaciousness and thoughtful layout are immediately evident, starting with a large foyer that includes a walk-in closet, perfect for organizing your seasonal essentials.
The partially enclosed kitchen, situated just off the entryway, features rich cherry wood cabinetry, dark stone countertops, and a suite of new stainless steel Kitchenaid appliances and a Bosch dishwasher. A discreetly placed LG stackable washer and dryer enhance the space's efficiency. The breakfast bar opens into the expansive living and dining area, creating an ideal setting for entertaining. Notable features include a back lit custom marble bar, built-in speakers, long plank oak floors, nearly 11-foot ceilings, exposed brick columns, and gallery walls perfect for showcasing art. Zoned HVAC is seamlessly hidden behind custom built-ins throughout the home. The living room is wired for 3Dimensional speakers. There is an extra-large walk-in storage room with full height ceilings located on the same floor directly outside the front door of the unit that is deeded with the apartment.
The apartment's two bedrooms are separated by a wide hallway lined with oversized closets. The primary bedroom includes a built-in desk, window seating, a California Closet, and custom shutters. Its en-suite five-piece bathroom is finished with limestone tile, a walk-in shower, soaking tub, and double sinks. The second bedroom is equally well-appointed, featuring floor-to-ceiling custom cabinetry, recessed lighting, and a statement chandelier. A second full bathroom is discreetly located at the end of the hall, next to another California Closet, adding to the home's thoughtful design. With 1,563 square feet, this apartment is move-in ready, but can easily be customized to fit your specific needs.
Built in 1908, The Chelsea Mercantile is a full-service doorman building offering an array of amenities for modern urban living. Enjoy the convenience of having Whole Foods on the ground floor, a fully-equipped gym, valet services, a concierge, and a children's playroom. The building also features a beautifully landscaped 10,000-square-foot roof deck with panoramic views of the city, perfect for relaxation or entertaining. Additional perks include direct access to a public parking garage, a newly renovated lobby, and four elevator banks for easy access and privacy. Located at the vibrant crossroads of Downtown and Midtown, you'll have immediate access to the 1, C, E, F, M, Q, and R subway lines, as well as the countless dining, shopping, and cultural destinations that define Chelsea living.
Please not there is an on going $272.17/mo capital reserve assessment and a roof and elevator project assessment of $910.84/mo which expires June 2025.
Listing Agent
Brown Harris Stevens Residential Sales LLC License #10301210633 Listed on: 10/25/2024

Property Details
Home Type
- Condominium
Est. Annual Taxes
- $25,025
Year Built
- Built in 1908
HOA Fees
- $1,353 Monthly HOA Fees
Parking
- Garage
Interior Spaces
- 1,563 Sq Ft Home
- Basement
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Washer Dryer Allowed
Additional Features
- South Facing Home
- Cooling Available
Listing and Financial Details
- Legal Lot and Block 1126 / 01824
Community Details
Overview
- 352 Units
- High-Rise Condominium
- Chelsea Mercantile Condos
- Chelsea Subdivision
- 19-Story Property
Amenities
- Concierge
- Rooftop Deck
- Courtyard
- 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 |
---|---|---|---|---|
2025 | $25,025 | $205,187 | $12,415 | $192,772 |
2024 | $25,025 | $202,487 | $12,415 | $190,072 |
2023 | $19,769 | $197,659 | $12,415 | $185,244 |
2022 | $25,712 | $219,170 | $12,415 | $206,755 |
2021 | $25,142 | $212,816 | $12,415 | $200,401 |
2020 | $22,280 | $238,182 | $12,415 | $225,767 |
2019 | $20,969 | $233,791 | $12,415 | $221,376 |
2018 | $23,552 | $235,541 | $12,415 | $223,126 |
2017 | $21,221 | $193,615 | $12,415 | $181,200 |
2016 | $19,844 | $193,136 | $12,415 | $180,721 |
2015 | $9,146 | $181,393 | $12,415 | $168,978 |
2014 | $9,146 | $170,562 | $12,415 | $158,147 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/24/2025 07/24/25 | For Sale | $2,395,000 | 0.0% | $1,532 / Sq Ft |
07/10/2025 07/10/25 | Off Market | $2,395,000 | -- | -- |
05/20/2025 05/20/25 | Price Changed | $2,395,000 | -3.2% | $1,532 / Sq Ft |
04/04/2025 04/04/25 | Price Changed | $2,475,000 | -0.4% | $1,583 / Sq Ft |
04/04/2025 04/04/25 | Price Changed | $2,485,000 | -3.5% | $1,590 / Sq Ft |
02/11/2025 02/11/25 | Price Changed | $2,575,000 | -6.4% | $1,647 / Sq Ft |
10/25/2024 10/25/24 | For Sale | $2,750,000 | -- | $1,759 / Sq Ft |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $554,500 | No Value Available | |
Closed | $500,000 | No Value Available | |
Closed | $112,177 | No Value Available | |
Closed | $436,000 | No Value Available | |
Closed | $100,000 | No Value Available |
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Source: Real Estate Board of New York (REBNY)
MLS Number: RLS11017996

APN: 0774-1126
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