NOT LISTED FOR SALE

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

Chelsea Neighborhood

Estimated Value: $1,682,064

1 Bed
1 Bath
1,162 Sq Ft
$1,448/Sq Ft Est. Value

Sale Details

Date Sold: April 3, 2025

Last sale price $1,675,000 $1,441 Per Sq Ft

Current estimated payment $11,310 / mo

279 Days on Market

Highlights

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

About This Home

As of April 2025

The Swillinger Team. 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 through June 2025 for upgrading the elevators and renovations to the incredible city view roof deck.

Last Agent to Sell the Property

Jeremy Swillinger

Find Properties License #40SW0964570 Listed on: 05/01/2024

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Last Buyer's Agent

Jeremy Swillinger

Find Properties License #40SW0964570 Listed on: 05/01/2024

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Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $16,944

Year Built

  • Built in 1907

Lot Details

  • 1,162 Sq Ft Lot
  • Lot Dimensions are 197.5 x 250.0

HOA Fees

  • $916 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 1,162 Sq Ft Home
  • Home Gym
  • Laundry in unit

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Listing and Financial Details

  • Property Available on 8/1/24
  • Legal Lot and Block 1059 / 00774

Community Details

Overview

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

Amenities

  • Laundry Facilities

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$16,944

Year Built

Built in 1907

Lot Details

1,162 Sq Ft Lot

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: Loft
  • Entry Level: 5
  • Structure Type: Multi Family, None, Townhouse
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  • Special Features: VirtualTour
  • Property Sub Type: Townhouses
  • Stories: 21

Interior Features

  • Fireplace: No
  • Living Area: 1162.0
  • Living Area Units: Square Feet
  • Dining Room Type: Gym

Beds/Baths

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

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
  • Association: No
  • 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: Unfurnished
  • Available Date: 2024-08-01

Tax Info

  • Tax Block: 00774
  • Tax Lot: 1059
  • Tax Annual: 16944.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2024
Closed on
Apr 3, 2025
Sold by
Mandy Li 2006 Trust Dated /2006 and Mandy Li As Trustee
Bought by
Seller's Agent
Jeremy Swillinger
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Buyer's Agent
Jeremy Swillinger
Find Properties
List Price
$1,798,000
Sold Price
$1,675,000
Premium/Discount to List
-$123,000
-6.84%
Views
63
Current Estimated Value
$1,682,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,064
Avg. Annual Appreciation
0.29%
Original Mortgage
$1,061,000
Outstanding Balance
$1,046,817
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$635,247

Purchase Details

Listed on
Mar 13, 2018
Closed on
Jul 13, 2018
Sold by
Estate Of Mitchell S Dorfman and Gary Dorfman As Executor
Bought by
Mandy Li As Trustee and The Mandy Li 2006 Trust
Seller's Agent
Michael J Franco
Compass
List Price
$1,795,000
Sold Price
$1,800,000
Premium/Discount to List
$5,000
0.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.06%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Chelsea, NY

  • Melissa Vance Real Estate Agent - Sothebys International Realty

    Melissa Vance

    Sothebys International Realty

    (844) 372-0815

    32 Total Sales

    3 in Chelsea

    $1.3M - $4.8M Price Range

    Melissa Vance
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  • Ronita Kalra Real Estate Agent - Compass

    Ronita Kalra

    Compass

    (347) 652-2182

    52 Total Sales

    2 in Chelsea

    $600K - $699K Price Range

    Ronita Kalra
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  • Phil Wells Real Estate Agent - Corcoran Group

    Phil Wells

    Corcoran Group

    (855) 219-7680

    29 Total Sales

    1 in Chelsea

    $2,590,000 Price

    Phil Wells
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  • Gerald Gemignani Real Estate Agent - Corcoran Group

    Gerald Gemignani

    Corcoran Group

    (844) 409-2928

    38 Total Sales

    1 in Chelsea

    $1,335,000 Price

    Gerald Gemignani
     Section Image
  • Philip Hordijk Real Estate Agent - Leven Real Estate

    Philip Hordijk

    Leven Real Estate

    (888) 504-5581

    33 Total Sales

    1 in Chelsea

    $2,800,000 Price

    Philip Hordijk
     Section Image
  • Dan Patsis Real Estate Agent - POLJAN PROPERTIES INC

    Dan Patsis

    Responds Quickly

    POLJAN PROPERTIES INC

    (917) 525-4631

    69 Total Sales

    2 in Chelsea

    $925,000 Price Range

    Dan Patsis
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,675,000 --
Park Sang $1,675,000 National Granite Title
Mandy Li As Trustee $1,800,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,061,000
Closed Park Sang $1,061,000
Previous Owner Mandy Li As Trustee Of The Mandy Li 200 $18,883
Previous Owner Mandy Li As Trustee --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/13/2026 04/13/26 Off Market $1,675,000 -- --
04/03/2025 04/03/25 Sold $1,675,000 -4.3% $1,441 / Sq Ft
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 View Prior Sale
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)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $17,598 $142,329 $8,519 $133,810
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

Agents Affiliated with this Home

  • Jeremy Swillinger Real Estate Agent - Find Properties

    Seller's Agent in 2025

    Jeremy Swillinger

    Find Properties

    (646) 423-8168

    3 in this area

    24 Total Sales

    Jeremy Swillinger
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  • Michael J Franco Real Estate Agent - Compass

    Seller's Agent in 2018

    Michael J Franco

    Compass

    (917) 817-4122

    10 in this area

    202 Total Sales

    Michael J Franco
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About The Chelsea Mercantile

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10968082

Real Estate Board of New York (REBNY)

APN: 0774-1059

New York New York County New York 10001 Chelsea

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

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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. ©2026 The Real Estate Board of New York, Inc., All rights reserved.

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