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In contract
  • Price cut: $55K (6/3)
    $2,595,000

    252 7th Ave APT 5R, New York, NY 10001

    2beds
    2,269sqft
    Loading
    Condominium
    Built in 1910
    -- sqft lot
    $2,528,400 Zestimate®
    $1,144/sqft
    $2,024/mo HOA

    What's special

    Expansive floor-to-ceiling windowsIntegrated sound throughoutAbundant natural lightExpansive primary suiteAiry light-filled atmosphereOversized walk-in closetDouble vanity
    Apartment 5R is a beautifully appointed two-bedroom, two-bathroom loft with an oversized walk-in closet, offering a seamless blend of timeless New York character and refined contemporary design. Spanning approximately 2,269 square feet, this exceptional residence is located within the iconic Chelsea Mercantile—a highly coveted condominium known for its rich history, full-service amenities, and prime location. Soaring 11-foot beamed ceilings, classic hardwood floors, and expansive floor-to-ceiling windows create an airy, light-filled atmosphere, complemented by elegant wall moldings, Italian lighting, and integrated sound throughout. With a tranquil western exposure overlooking the courtyard, the home enjoys both abundant natural light and remarkable quiet. A private storage locker is also included. On-going Capital Assessment of $534.37 a month. Originally the headquarters of The National Cloak and Suit Company, the Chelsea Mercantile comprises four interconnected buildings and retains a unique sense of architectural heritage. A gracious entry foyer leads into a dramatic open-concept living and dining space, anchored by a thoughtfully designed Boffi kitchen. Perfect for entertaining, the kitchen features dual eat-in peninsulas, stainless steel countertops and backsplashes, custom wenge wood and silvered glass cabinetry, and a full suite of premium appliances by Gaggenau, Sub-Zero, and Miele, including a built-in coffee system. The expansive primary suite offers generous closet space and a serene en-suite bath finished in French limestone, complete with a double vanity, glass-enclosed shower, and a separate soaking tub. The second bedroom includes a large walk-in closet with custom built-ins and its own Boffi en-suite bath with a floating vanity and vessel sink. A dedicated laundry room with a Miele washer and dryer and custom cherry wood cabinetry adds convenience. Residents of the Chelsea Mercantile enjoy an exceptional array of amenities, including 24-hour door attendants, concierge and valet services, on-site parking, a state-of-the-art fitness center, a children’s playroom, and a beautifully landscaped rooftop terrace with sweeping city views. The building also offers direct access to Whole Foods. Surrounded by some of downtown’s best dining, shopping, and cultural destinations—and just moments from the High Line, Chelsea Market, Eataly, and Madison Square Park—this home is ideally situated near multiple subway lines, including the 1, F, M, C, and E. Pet-friendly. Capital Assessment of $534.37 a month.
    74 days
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    179
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    11
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    Zillow last checked:

    Listing updated:

    Listed by:

    Compass 561-405-0945,

    Ryan Garson,

    Alexandra Rhea

    Source: StreetEasy,MLS#: S1826137

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Childrens Playroom
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Washer/Dryer
      Features
      • Flooring: Hardwood
      • Has fireplace: No
      Interior area
      • Total structure area: 2,269
      • Total interior livable area: 2,269 sqft

      Property

      Details
      • Parcel number: 007741083
      • Special conditions: Resale

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Condition
      • Year built: 1910

      Community & HOA

      Community
      • Features: Doorman, Full Time Doorman
      • Security: Doorman, Full-Time Doorman
      • Subdivision: Chelsea
      HOA
      • Has HOA: Yes
      • Amenities included: Roof Deck, Fitness Center, Elevator(s), Concierge
      • Services included: Maintenance
      • HOA fee: $2,024 monthly
      Location
      • Region: New York

      Financial & listing details

      • Price per square foot: $1,144/sqft
      • Tax assessed value: $539,477
      • Annual tax amount: $28,800
      • Date on market: 5/5/2026

        Estimated market value

        $2,528,400

        $2.40M - $2.65M

        $12,249/mo

        Price history

        DateEventPrice
        7/15/2026Contingent$2,595,000$1,144/sqft
        Source: StreetEasy #S1826137 Report a problem
        6/3/2026Price change$2,595,000-2.1%$1,144/sqft
        Source: StreetEasy #S1826137 Report a problem
        5/5/2026Price change$2,650,000-18.5%$1,168/sqft
        Source: StreetEasy #S1826137 Report a problem
        6/20/2022Listing removed--
        Source: StreetEasy Report a problem
        6/14/2022Listed for rent$10,000$4/sqft
        Source: StreetEasy Report a problem
        4/24/2022Price change$3,250,000+8.5%$1,432/sqft
        Source: StreetEasy Report a problem
        4/22/2022Price change$2,995,000-7.8%$1,320/sqft
        Source: StreetEasy Report a problem
        4/19/2022Price change$3,250,000-7%$1,432/sqft
        Source: StreetEasy Report a problem
        3/23/2022Price change$3,495,000-1.5%$1,540/sqft
        Source: StreetEasy Report a problem
        3/22/2022Listed for sale$3,550,000-11%$1,565/sqft
        Source: StreetEasy Report a problem
        3/2/2022Listing removed--
        Source: StreetEasy Report a problem
        6/10/2021Listed for sale$3,990,000+56.5%$1,758/sqft
        Source: StreetEasy Report a problem
        12/19/2011Sold$2,550,000$1,124/sqft
        Source: Public Record Report a problem
        8/4/2011Listing removed$2,550,000$1,124/sqft
        Source: The Corcoran Group #2215830 Report a problem
        7/23/2011Listed for sale$2,550,000+223%$1,124/sqft
        Source: The Corcoran Group #2215830 Report a problem
        9/1/2000Sold$789,500$348/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$28,924 0%$242,765 +6.3%
        2024$28,934 -0.7%$228,343 +2.4%
        2023$29,125 $222,898 -9.8%
        2022-- $247,156 +3%
        2021-- $239,990 -10.6%
        2020-- $268,595 +1.9%
        2019$28,675 +7.5%$263,643 -0.7%
        2018$26,667 +10.3%$265,617 +21.7%
        2017$24,178 +6.4%$218,338 +0.2%
        2016$22,722 $217,797 +6.5%
        2015$22,722 +119.8%$204,555 +6.3%
        2014$10,337 $192,342 +6.5%
        2013-- $180,540 +3.6%
        2012-- $174,328 -4.2%
        2011-- $181,890 +48.3%
        2010-- $122,639 -11.9%
        2009-- $139,194
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Chelsea

        Getting around

        98 / 100
        Walker's Paradise
        100 / 100
        Rider's Paradise
        95 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating

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