SOLD FOR $4,300,000
· Closed November 29, 2017
252 7TH Avenue #5I
MLS® #RLS10473034
Listing by Sothebys International Realty
3
Bedrooms
3
Baths
2,202
Sq. Ft.
1907
Year Built
Quick Summary
Property Highlights
- Exposure: East,North facing
- Style: Prewar architecture
- Parking: Private garage
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Nov 18, 2016 | $4,900,000 | - |
| Price Reduced | May 3, 2017 | $4,500,000 | -8.2% |
| Currently | May 10, 2026 | $4,300,000 | -4.4% |
Description
This convertible 3 bedroom is a powerful combination of magnificent proportions and design appeal, the coveted corner "I" line delivers a palatial living and dining room for gracious entertaining, an open chef's kitchen with a breakfast bar, separated winged bedrooms, 3 full baths, approx. 11-foot ceilings, gallery-sized walls for an extensive art collection and beautiful north and east light. Be wowed at "hello" with the residence's grand gallery entry that leads to the approx. 45' expansive great room. The master bedroom boasts en-suite 5-fixture bath with double-sink vanity, soaking tub, glass-enclosed shower and a customized walk-in closet with voluminous storage. The second bedroom has an en-suite bath and a wall of closets. Other features include additional full bath, custom-stained oak hardwood flooring through-out, washer/dryer and a separate storage unit. The "I" line was designed with the option for an additional third bedroom (see alternative floor plan). The architecturally significant Mercantile Exchange Building circa 1907 became The Chelsea Mercantile Condominium in 1999; now one of Chelsea's most sought-after, full-service prewar condominium loft buildings. The unparalleled services and amenities include full-time doorman and concierge, resident manager, valet, on-site laundry services, state-of-the art fitness room, playroom, individual storage rooms, planted roof deck with sweeping downtown Manhattan and Hudson River views and an on-site garage with elevator access. Located in the heart of Chelsea, this exciting neighborhood is home to the best art galleries, retail shopping, top-rated restaurants and the incomparable Whole Foods Market. Rated one of Manhattan's top condominium buildings for its impeccable personal service, stellar management and low monthlies. Whether you are looking for a full-time residence or pied-a-terre, this stunning Chelsea Mercantile loft home is a winner. Showings are by appointment only. Call or e-mail today for a private viewing.
Building Information
Financial Details
About Chelsea
View All Chelsea ListingsChelsea 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 NeighborhoodActive Listings
320
Median Asking Price
$1.66M
Median $/Sqft
$1,756
Avg Days on Market
N/A
New This Week
25
Price Reduced
27%
Sold (30 Days)
34
Median Sale Price
$2.02M
Live data from RLS at REBNY • Updated 5/10/26, 9:42 AM EST
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Location
252 7TH Avenue #5I, Chelsea, New York County • Near West 24th Street/West 25th Street
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
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
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed common charges are $1,402 per month. Confirm the exact amount with the listing broker before making an offer.
The current listed annual property tax is $28,188, or roughly $2,349 per month. Verify the current assessment with your attorney before closing.
This property has 3 bedrooms and 3 full bathrooms.
The listed interior living area is 2,202 square feet. Verify dimensions independently during due diligence.
According to MLS records, the building was constructed in 1907, making it approximately 119 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. Contact the listing broker for weight limits or breed restrictions.
At the current list price of $4,300,000 for 2,202 sq ft, the asking price per square foot is approximately $1,953. 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) 416-7433Listing Courtesy of Sothebys International Realty - Lisa Verdi
Listing Contact: (917) 353-0858
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 Data display by Keller Williams NYC. Data last updated on 5/10/2026 at 1:42 PM UTC