Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $5,600,000

· Closed September 4, 2025

252 7TH Avenue #PHO
Closed For Sale Condo

$5,600,000

$2,238 per sq ft

252 7TH Avenue #PHO

Chelsea, Manhattan

Chelsea Mercantile

MLS® #RLS20013050

RLS at REBNY

Listing by Douglas Elliman Real Estate

3

Bedrooms

3

Baths

2,502

Sq. Ft.

1908

Year Built

Quick Summary

Bedrooms 3
Bathrooms 3
Living Area 2,502 sq ft
Year Built 1908
Ownership Condo
HOA/Common Charges $4,964/mo
Property Taxes Contact for details
Neighborhood Chelsea
Floor 19 of 19

Property Highlights

  • Views: City
  • Exposure: East,South,West facing
  • Outdoor Space: Terrace

Property Details

Type Condo
Ownership Condominium
Total Rooms 6
Baths 3 Full
Floor 19 of 19
View City
Exposure East,South,West
Pets Yes
Year Built 1908
Living Area 2,502 sq ft
Structure Type HighRise
Basement Other
Block/Lot 00774/1347

Listing History

Event Date Price Change
Listed Mar 29, 2025 $6,250,000 -
Price Reduced Sep 10, 2025 $5,750,000 -8.0%
Currently Apr 26, 2026 $5,600,000 -2.6%

Description

First time available 3 bedroom, 3 bathroom penthouse duplex with 270 square foot private rooftop terrace available in the highly sought-after Chelsea Mercantile - Chelsea's premier prewar condominium! This penthouse is located in the coveted wing of the original prewar building which features higher ceilings. PHO is a stunning corner unit spread over 2,500 square feet and boasts sweeping southern and eastern views of Manhattan. The penthouse is currently configured as a gracious 2-bedroom split layout with oversized living and dining rooms that flow seamlessly with multiple sitting areas. A gourmet chef's kitchen that has been expanded to provide additional space completes the main living area.

With prewar details found throughout, the penthouse has nearly 11 foot soaring ceilings, beautiful hardwood floors, working wood-burning fireplace, motorized shades and gallery lighting throughout the home as well as 15 oversized windows to further accentuate the space. The open kitchen has top-of-the-line appliances including a subzero refrigerator, a separate subzero wine refrigerator, vented Viking range and grill, Viking warming drawer, Miele dishwasher, two over-sized stainless steel sinks with custom wood cabinetry, granite countertops, abundance of storage and an island with a breakfast bar.

The enormous primary suite has a massive dressing room and an en-suite bath with radiant heated marble floors, fixtures by Waterworks and a large walk-in shower with a rainwater shower head. On the other end of the apartment - perfectly separated for privacy - the large secondary bedroom complete with captivating south facing views also comes equipped with a large dressing room and an en-suite bath. There is a third full bathroom for guests that could be dedicated to a third bedroom.

Ascending up the bespoke staircase to the upper level of the duplex, the approximately 270 square foot private rooftop terrace is suitable for enjoying dining alfresco and breathtaking sunsets. No detail was spared in this stunning penthouse that offers impeccable sweeping city views, a wood-burning fireplace, new sound system and washer/dryer. Private stoarge transfers with the unit.

In the heart of Chelsea, the Chelsea Mercantile condominium has a 24-hour full-time doormen, a complete 10,000-square-foot roof deck, concierge, cold storage, package room, conference room, new state of the art gym, playroom, parking with direct elevator access and a Whole Foods at the retail level. This convenient downtown location is near all major neighborhoods and trains, minutes away from to Madison Square Park, Hudson Yards, Chelsea Piers, The Highline, Midtown and West Chelsea. Pets are welcome. Very reasonable Common Charges.

Features & Amenities

Interior Features

Building Other In Unit Fireplace (1)

Exterior Features

Building Courtyard Building Roof Deck Private Outdoor Space Over60 Sqft Terrace

Building Amenities

Common Playroom Concierge Elevators

Building Information

Financial Details

Common Charges $4,964/mo
RE Taxes Contact for details
Original Price $6,250,000
Sale Price $5,600,000
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

308

Median Asking Price

$1.84M

Median $/Sqft

$1,746

Avg Days on Market

N/A

New This Week

22

Price Reduced

31%

Sold (30 Days)

34

Median Sale Price

$2.02M

Live data from RLS at REBNY • Updated 4/26/26, 2:37 PM EST

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Location

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252 7TH Avenue #PHO, Chelsea, New York County

Floor Plans

Floor Plan
Floor Plan

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 $4,964 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 3 bedrooms and 3 full bathrooms.

The listed interior living area is 2,502 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: no,Building Pets Allowed Comments:no. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $5,600,000 for 2,502 sq ft, the asking price per square foot is approximately $2,238. 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: RLS20013050
First Listed: 4/1/2025
On Market: 3/29/2025
Price Changed: 9/10/2025
Closed: 9/4/2025
Contract Date: 3/29/2025

Listing Courtesy of Douglas Elliman Real Estate - Erik C Ternon

Listing Contact: (917) 440-1374

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 4/26/2026 at 6:37 PM UTC

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