Located at 252 7th Ave, the Chelsea Mercantile condo is an impressive pre-war property that was initially constructed between 1906 and 1908. The building was converted to luxury condos in 2000 and is one of the largest condo-conversions in Chelsea.
The 354 residences at the Chelsea Mercantile feature impressive finishes that include soaring ceilings ranging from 9 to 13 feet in height, contemporary kitchens, and elegant bathrooms. Most apartments also have spacious, walk-in closets as well as in-home laundry, while a select few apartments feature fireplaces, skylights, and private terraces. The most impressive units in the building are the penthouses and duplex apartments, which feature upgraded finishes and unique layouts.
There's an abundance of on-site amenities available at the Chelsea Mercantile. Highlights include a landscaped rooftop sundeck, a children’s playroom, a state of the fitness center and health club equipped with the strength training and cardio machines, and an on-site garage. There’s also an on-site Whole Foods, and the property enjoys a central location in the heart of Midtown Manhattan. You’re within walking distance of Chelsea’s many world-class restaurants, shops, art galleries, and of course, the High Line park.
What does it cost to live at 252 Seventh Avenue?
If you’re looking to purchase a condo at the Chelsea Mercantile, you should expect to pay approximately $1,750 per square foot. As the apartments at the property tend to very spacious, with loft-like layouts, one-bedrooms start around $1.7 million while two-bedroom condos start around $2.3 million. Studios are rarely available, and most larger three, four, and five-bedroom homes command anywhere from $3-$6 million with a select few penthouses going for even more.
If you’re looking to rent an apartment in the building, you can expect to pay between $5,000 and $6,000 per month for a one-bedroom, at least $8,000 for a two-bedroom, and significantly higher for a larger apartment.Read more