Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $4,500,000

· Closed June 16, 2016

252 7TH Avenue #PHQ
Closed For Sale Condo

$4,500,000

$2,045 per sq ft

252 7TH Avenue #PHQ

Chelsea, Manhattan

CHELSEA MERCANTILE,

MLS® #RLS10034960

RLS at REBNY

Listing by Stribling & Associates Ltd

3

Bedrooms

3

Baths

2,200

Sq. Ft.

1908

Year Built

Quick Summary

Bedrooms 3
Bathrooms 3
Living Area 2,200 sq ft
Year Built 1908
Ownership Condo
HOA/Common Charges $1,320/mo
Property Taxes $27,060/yr
Parking Garage
Neighborhood Chelsea

Property Highlights

  • Exposure: West facing
  • Style: Prewar architecture
  • Parking: Private garage

Property Details

Type Condo
Ownership Condominium
Total Rooms 6
Baths null Full
Exposure West
Pets Yes
Cross Street W. 24th St/W. 25th St
Year Built 1908
Living Area 2,200 sq ft
Parking Garage Available
Architectural Style Prewar

Listing History

Event Date Price Change
Listed Jun 16, 2016 $4,500,000 -
Currently May 14, 2026 $4,500,000 -

Description

Exceptional 2200+sq ft beautifully renovated 3 bedroom (currently configured as 2 bedrooms) penthouse loft. This glamorous duplex in the highly desirable Chelsea Mercantile Condominium has open western views from every spot, an expansive living room with six oversized windows and gas fireplace, a separate dining area and a media area (originally 3rd bedroom). The top of the line kitchen, with operable skylight, has quartz counters, walnut cabinets, a vented 6 burner Wolf stove and a breakfast bar which opens to the dining area. Also on this floor is the spacious 2nd bedroom with ensuite bath , a vented laundry room and a 3rd full bath. Ascend the architecturally dramatic marble staircase to the landing off of which is the private terrace (which has direct access to the large building roofdeck) and the master suite with it's large dressing closet and windowed bath. Throughout this luxurious one of a kind home there are high ceilings, lutron lighting system, surround sound stereo system, oversized windows and attractive wood floors. The Chelsea Mercantile is a full service luxury condo with excellent security (doorman and concierge), gym, playroom, garage and roof deck. Whole Foods is conveniently located next door and the Highline is a short walk away. CONTRACT SIGNED.

Building Information

Financial Details

Common Charges $1,320/mo
RE Taxes $27,060/yr ($2,255/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

318

Median Asking Price

$1.69M

Median $/Sqft

$1,734

Avg Days on Market

N/A

New This Week

19

Price Reduced

30%

Sold (30 Days)

31

Median Sale Price

$2.02M

Live data from RLS at REBNY • Updated 5/14/26, 9:09 AM EST

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Location

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252 7TH Avenue #PHQ, Chelsea, New York County • Near W. 24th St/W. 25th St

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 $1,320 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $27,060, or roughly $2,255 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 2,200 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. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $4,500,000 for 2,200 sq ft, the asking price per square foot is approximately $2,045. 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: RLS10034960
First Listed: 6/16/2016
Closed: 6/16/2016
Contract Date: 11/27/2012

Listing Courtesy of Stribling & Associates Ltd - Pamela S D Arc

Listing Contact: (917) 509-8315

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 5/14/2026 at 1:09 PM UTC

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