Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
252 7th Avenue #5R
Interested in this property?
Active For Sale Condo

$2,650,000

$1,168 per sq ft

252 7th Avenue #5R

Chelsea, Manhattan

Chelsea Mercantile

MLS® #RLS20088645

RLS at REBNY

Listing by Compass

2

Bedrooms

2

Baths

2,269

Sq. Ft.

1908

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 2,269 sq ft
Year Built 1908
Ownership Condo
HOA/Common Charges $2,024/mo
Property Taxes $28,800/yr
Parking Garage
Neighborhood Chelsea
Floor 5 of 19

Property Highlights

  • Exposure: West facing
  • Outdoor Space: Deck
  • Climate Control: Central Air

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 2 Full
Floor 5 of 19
Exposure West
Cooling Central Air
Pets Yes, CatsOk, DogsOk
Year Built 1908
Living Area 2,269 sq ft
Parking Garage Available
Parking Features Garage, Valet
Structure Type MixedUse
Furnished Unfurnished
Parcel # 0774-1083
Block/Lot 00774/1083

Listing History

Event Date Price Change
Listed May 5, 2026 $2,650,000 -
Currently May 5, 2026 $2,650,000 -

Description

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. 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.

Features & Amenities

Interior Features

Entrance Foyer Soaking Tub Walk In Closets Building Washer Dryer Install Allowed Building Multiple Locations Common On Floor Common Area In Unit

Exterior Features

Building Courtyard Building Garden Building Roof Deck Private Outdoor Space Under60 Sqft Deck

Building Amenities

Bike Storage Common Playroom Concierge Elevators Fitness Center Security Guard

Appliances

Cooktop Dishwasher Refrigerator

Building Information

Financial Details

Common Charges $2,024/mo
RE Taxes $28,800/yr ($2,400/mo)

Chelsea is the epicenter of New York’s contemporary art world and a hub for innovative architecture. Home to the High Line and Chelsea Market, the neighborhood mixes industrial history with modern luxury. The real estate market here is dominated by high-end condominium developments designed by world-renowned architects, alongside historic pre-war lofts and historic townhouses in the Chelsea Historic District.

Chelsea Live Market Data

View Neighborhood

Active Listings

311

Median Asking Price

$1.80M

Median $/Sqft

$1,760

Avg Days on Market

N/A

New This Week

32

Price Reduced

26%

Sold (30 Days)

35

Median Sale Price

$2.05M

Live data from RLS at REBNY • Updated 5/5/26, 4:28 PM EST

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Location

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252 7th Avenue #5R, Chelsea, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1910
Year Built
116 years old
19
Floors
352
Residential Units
C6-3X
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $99,656,998
Land Value: $5,727,592
Exemptions: $60,900

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 49,375 SF
Building Area: 623,668 SF
Built FAR: 12.63
Allowed FAR: 9

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $2,024 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $28,800, or roughly $2,400 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 2 full bathrooms.

The listed interior living area is 2,269 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1908, making it approximately 118 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property: Pets Allowed,Building Pets Allowed Comments:Maximum 2 Dogs per Unit. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $2,650,000 for 2,269 sq ft, the asking price per square foot is approximately $1,168. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20088645
First Listed: 5/4/2026
On Market: 5/5/2026
Price Changed: 5/4/2026
Contract Date: 4/16/2026

Listing Courtesy of Compass - Ryan Garson

Listing Contact: (561) 405-0945

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing 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. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/5/2026 at 8:28 PM UTC

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