$1,750,000

Estimated payment $11,652/month

Total Views 23,017
1 Bed
1 Bath
1,162 Sq Ft
$1,506 Price per Sq Ft

Highlights

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

About This Home

A truly sizable 1-bedroom loft (conv. 2 possible) in the renowned Chelsea Mercantile. The expansive floor plan is ideal for entertaining and relaxed living. When entering, you are greeted by a formal entry foyer which leads you to a great room with plenty of space for several seating areas and an oversized dining table. There are 11 feet ceilings throughout, accented by oversized windows. There are serene and sunny exposures into the planted garden courtyard, giving you a sense of Zen that is needed in a NYC lifestyle.The significantly large primary bedroom is positioned separately from the living area and includes a large custom-built walk-in closet. The mint-condition bathroom is a place of sanctuary and solitude. The stylish open kitchen is in excellent condition with stainless steel, chic black finishes, and offers plenty of cabinet and counter space for any skilled chef. Washer and Dryer in unit.Built in 1908, the 19-story pre-war (WWI) condominium at 252 Seventh Avenue in Chelsea is prime real estate for New Yorkers looking to turn the clock back on Manhattan's storied history. It embraces the perfect blend of luxury and is notorious for its excellent service and very low monthly common charges and taxes. There is a 24 hour door person and concierge service, a private parking garage located inside the building, a state-of-the-art fitness room, 10,000 square foot roof deck, and a children's playroom. Neighborhood Faves: Shukette (Middle Eastern Cuisine), Crumbl Dessert, Brooklyn Bagel, Seven Grams Caffe, Whole Foods. Variety Coffee Roasters, Café Chelsea, Jack’s Wife Frida, Plethora of West Chelsea Galleries, Chelsea Piers, and Madison Square Park.Pied-a-terre, subletting, guarantors, co-purchasing, and corporate ownership are allowed. The condo is pet-friendly. Ongoing monthly capital assessment of $871 through June 2025 for upgrading the elevators and renovations to the incredible city view roof deck.

Listing Agent

Jeremy Swillinger

Level Group Inc License #40SW0964570 Listed on: 05/01/2024

Level Group Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,944

Year Built

  • Built in 1907

HOA Fees

  • $916 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Pre War Building
  • Entry on the 5th floor

Interior Spaces

  • 1,162 Sq Ft Home
  • Furnished or left unfurnished upon request
  • Storage
  • Home Gym

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Outdoor Features

  • Courtyard

Listing and Financial Details

  • Property Available on 8/1/24
  • Legal Lot and Block 7501 / 00774

Community Details

Overview

  • 352 Units
  • The Chelsea Mercantile Condos
  • Chelsea Subdivision
  • 21-Story Property

Amenities

  • Courtyard

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,944

Year Built

Built in 1907

Lot Details

0

HOA Fees

$916 per month

Listing Details

  • Cross Street: West 24th and West 25th Street
  • Property SubType: Loft
  • Property Type: Residential
  • Neighborhood: Chelsea
  • Architectural Style: Prewar, Loft
  • Entry Level: 5
  • Structure Type: Multi Family, None, Townhouse
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 21

Interior Features

  • Interior Features: Elevator, Storage
  • Appliances: Dryer, Washer/Dryer Stacked, Washer
  • Fireplace: No
  • Living Area: 1162.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3
  • Dining Room Type: Gym

Beds/Baths

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

Exterior Features

  • Exterior Features: Building Courtyard, Courtyard
  • Other Structures: Garage(s)

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Common On Floor, In Unit

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 916.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Lot Size Units: Square Feet
  • Current Use: Residential, Single Family
  • Lot Size Area: 1162.0
  • Lot Size Dimensions: 197.5 x 250.0

Building Info

  • New Construction: No
  • Building Name: The Chelsea Mercantile
  • Units: 352
  • Total Stories: 21
  • Year Built: 1907

Rental Info

  • Furnished: Negotiable
  • Owner Pays: None
  • Available Date: 2024-08-01

Tax Info

  • Tax Block: 00774
  • Tax Lot: 7501
  • Tax Annual: 16944.0

Map

Range of Values:

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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 $17,370 $140,787 $8,519 $132,268
2024 $17,370 $138,935 $8,519 $130,416
2023 $16,637 $135,622 $8,519 $127,103
2022 $14,682 $150,382 $8,519 $141,863
2021 $17,458 $146,022 $8,519 $137,503
2020 $15,452 $163,427 $8,519 $154,908
2019 $14,092 $160,414 $8,519 $151,895
2018 $16,067 $161,615 $8,519 $153,096
2017 $14,492 $132,848 $8,519 $124,329
2016 $13,521 $132,519 $8,519 $124,000
2015 $6,219 $124,462 $8,519 $115,943
2014 $6,219 $117,030 $8,519 $108,511
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2024 07/26/24 Price Changed $1,750,000 -2.7% $1,506 / Sq Ft
05/01/2024 05/01/24 For Sale $1,798,000 -0.1% $1,547 / Sq Ft
07/13/2018 07/13/18 Sold $1,800,000 +0.3% $1,549 / Sq Ft
06/13/2018 06/13/18 Pending -- -- --
03/13/2018 03/13/18 For Sale $1,795,000 -- $1,545 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Purchase History

Date Type Sale Price Title Company
Deed $1,675,000 --
Deed $1,800,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,061,000 Purchase Money Mortgage
Previous Owner $18,883 Unknown
Previous Owner $0 Unknown
Previous Owner $1,200,000 Purchase Money Mortgage
Previous Owner $360,000 No Value Available
Source: Public Records

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10968082

Real Estate Board of New York (REBNY)

APN: 0774-1059