Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $5,350,000

· Closed June 29, 2022

252 7th Avenue #PH-C
Closed For Sale Condo

$5,350,000

$2,402 per sq ft

252 7th Avenue #PH-C

Chelsea, Manhattan

MLS® #RLS10779769

RLS at REBNY

Listing by Compass

3

Bedrooms

3

Baths

2,227

Sq. Ft.

1907

Year Built

Quick Summary

Bedrooms 3
Bathrooms 3
Living Area 2,227 sq ft
Year Built 1907
Ownership Condo
HOA/Common Charges $1,517/mo
Property Taxes $61,296/yr
Parking Garage
Neighborhood Chelsea
Floor 19 of 19

Property Highlights

  • Exposure: South,West facing
  • Outdoor Space: Terrace
  • Style: Prewar architecture

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 3 Full
Floor 19 of 19
Exposure South,West
Cooling Central Air
Pets Yes
Cross Street West 24th Street/West 25th Street
Year Built 1907
Living Area 2,227 sq ft
Parking Garage Available
Architectural Style Prewar
Block/Lot 774/7501

Listing History

Event Date Price Change
Listed May 28, 2021 $5,350,000 -
Price Reduced Jun 29, 2022 $5,750,000 +7.5%

Description

Showings begin June 15th. First time ever listed South-West facing 2-3 bedroom, 3-bathroom PENTHOUSE duplex in the famed Chelsea Mercantile with jaw-dropping, protected views, and a large 695SF terrace. This collector-quality home with almost 90 feet of Southern and Western frontage was bought from the developer and this is the first time it is being actively listed in its history. Gut-renovated and re-imagined by esteemed architect Jared Della Valle, converted from its original 3-bedroom layout (easily restored), this penthouse has some of the most impressive light and views, the kind you'd experience mostly on a super-high floor of a highrise. These perspectives are humanly scaled. Exquisite, classic contemporary millwork that appears as if it's merely wood paneling conceals an impressive volume of storage within the apartment. Enter through a gracious foyer that immediately draws you to the expansive corner living room: built-out window seating seduces you to lounge and gaze out at the endless vistas of Downtown Manhattan. The kitchen is open to the living rooms yet expertly tucked away around the corner too. It is equipped with custom cabinetry and stainless counters with professional-grade appliances. A large dining room is easily divided to restore an en suite third bedroom plus dining area. A wall of shelves highlights the sophisticated finish out. Upstairs a grandly scaled Primary Bedroom Suite features extensive closet space all custom-fitted to perfection. Seamless doors are clad in Cocobolo wood. An en-suite bathroom with a skylight tempts you to unwind and relax. The views from this bedroom are equally breathtaking. An additional bedroom is fitted with a built-in desk, shelves, and closets and the third bathroom features another skylight. The terrace above houses the washer/dryer and a mini-kitchen: it is large, landscaped, and benefits equally from the helicopter views, the perfect setting for memorable entertaining or simply relaxing. The Chelsea Mercantile is a full-service luxury Condominium with a recently renovated lobby with 24-hour doorman services, parking with direct elevator access, a state-of-the-art gym, a children's playroom, an in-house laundry/dry-cleaning valet service, supplemental laundry facilities (the unit has a washer-dryer too), and an enviable landscaped roof terrace. This location nestled between centrally positioned Madison Square Park and Hudson Yards/West Chelsea is rich in amenities, with a Whole Foods Market at your doorstep, and Eataly, Chelsea Market, Trader Joe's, to name a few, close by. Additional nearby attractions include The Highline and Hudson River Parks, Chelsea Piers, The West Chelsea Arts District with over 400 of the world's leading contemporary galleries, and Madison Square Park just two blocks away. The brand new Moynihan Station and Fashion Institute of Technology are a few blocks away too. Private storage included. Ongoing Capital Assessment of $360.12 Facade Capital Assessment of $515.47 Thru February 2022 Please note terrace and dining room photos have been virtually staged.

Features & Amenities

Interior Features

Dining Area Entrance Foyer Building Washer Dryer Install Allowed Common On Floor Common Area

Exterior Features

Building Courtyard Building Garden Building Roof Deck Terrace

Appliances

Dryer Washer

Building Information

Financial Details

Common Charges $1,517/mo
RE Taxes $61,296/yr ($5,108/mo)
Sale Price $5,350,000
Previous Price $5,750,000

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

$1.89M

Median $/Sqft

$1,834

Avg Days on Market

N/A

New This Week

28

Price Reduced

26%

Sold (30 Days)

35

Median Sale Price

$2.05M

Live data from RLS at REBNY • Updated 5/5/26, 5:10 AM EST

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Location

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252 7th Avenue #PH-C, Chelsea, New York County • Near West 24th Street/West 25th Street

Floor Plans

Floor Plan 1
Floor Plan 2

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 $1,517 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $61,296, or roughly $5,108 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 2,227 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 $5,350,000 for 2,227 sq ft, the asking price per square foot is approximately $2,402. 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: RLS10779769
First Listed: 5/28/2021
Price Changed: 6/29/2022
Closed: 6/29/2022
Contract Date: 5/25/2021

Listing Courtesy of Compass - Leonard Steinberg

Listing Contact: (646) 375-1932

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 9:10 AM UTC

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