Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $4,500,000

· Closed May 12, 2025

Closed For Sale Condo

$4,500,000

$1,948 per sq ft

252 7th Avenue #PHY

Chelsea, Manhattan

MLS® #RLS10970016

RLS at REBNY

Listing by Compass

3

Bedrooms

3.5

Baths

2,310

Sq. Ft.

1908

Year Built

Quick Summary

Bedrooms 3
Bathrooms 4 full, 1 half
Living Area 2,310 sq ft
Year Built 1908
Ownership Condo
HOA/Common Charges $2,036/mo
Property Taxes $40,536/yr
Parking Garage
Neighborhood Chelsea
Floor 1 of 19

Property Highlights

  • Outdoor Space: Rooftop
  • Parking: Private garage
  • Character: Pre-war building (1908)

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 3 Full, 1 Half
Floor 1 of 19
Pets Yes, CatsOk, DogsOk
Year Built 1908
Living Area 2,310 sq ft
Parking Garage Available
Parking Features Garage, Valet
Structure Type MixedUse
Furnished Unfurnished
Block/Lot 00774/1286

Listing History

Event Date Price Change
Listed May 13, 2024 $5,250,000 -
Price Reduced May 12, 2025 $4,650,000 -11.4%
Currently Apr 27, 2026 $4,500,000 -3.2%

Description

FABULOUS PH WITH LANDSCAPED TERRACE/OUTDOOR KITCHEN Boasting over 2300 square feet, this pristine triplex home was converted from its original 3 bedroom layout (easily restored) and meticulously redesigned to maximize light, scale and privacy. Now featuring 2 large bedrooms, a library/den, 3.5 baths, and a home office this "house in the sky" offers almost a suburban lifestyle - open living on the first floor, large bedrooms and great closet space on the second level and a glorious landscaped "backyard" at the top. All this in an impeccably run, full-service condo with low monthlies in the heart of Chelsea. The first level is dedicated to entertainment, with an open-plan living/dining/kitchen area adorned with 11-foot beamed ceilings, a chef's kitchen equipped with high-end stainless appliances, a center island and a breakfast bar. A versatile library/den/guest bedroom with built-in bookshelves and a full bath completes this space. The second level houses the private quarters, featuring an impressive primary bedroom with a separate dressing area and custom closets, along with an en suite 5-fixture bath boasting double vanities and a skylight. Additionally, there's a spacious secondary bedroom with ample closet space and its own ensuite bath with radiant heat floors and a skylight. A separate home office with pocket doors, central A/C, electric/cable connections, and built-in cabinetry, provides a serene workspace. Ascend to the third level and step out onto the beautifully landscaped terrace, offering captivating views northwest to Hudson Yards and south to the Freedom Tower. Here, the living/dining space seamlessly blends with an outdoor kitchen featuring a gas grill, refrigerator and ice machine allowing for the utmost in al fresco entertaining. A powder room and a full-sized LG washer/dryer with folding table/drying racks add convenience to this level. Further benefits include tons of closet space and thermostatic controlled HVAC. The Chelsea Mercantile is one of the neighborhood’s most desirable condominium buildings with a top-notch staff. Amenities include a 24-hour doorman and concierge, a 10,000 square foot roof deck with stunning views of the city, parking with direct elevator access, a state-of-the-art fitness center, a children’s playroom, an in-house dry-cleaning/valet service and supplemental laundry facilities. Ideally located in the heart of Chelsea, this pet-friendly residence is easily accessible to Flatiron, Madison Square Park, Nomad, the High Line and the Meatpacking District. In addition to Whole Foods on the ground level, Eataly, Chelsea Market and Trader Joe’s are all nearby. Other attractions include The West Chelsea Arts District, The Highline and Hudson River Parks and Chelsea Piers. Moynihan Station and Fashion Institute of Technology are also just a few blocks away. There is an ongoing capital assessment of $396 and a special assessment of $1325 through June 2025.

Features & Amenities

Interior Features

Breakfast Bar Eat In Kitchen Kitchen Island Building Washer Dryer Install Allowed Building Multiple Locations Common On Floor Common Area

Exterior Features

Private Outdoor Space Over60 Sqft Rooftop

Appliances

Stainless Steel Appliances

Building Information

Building Data View Compliance & Permits
Total Units 352
Stories 19
Structure MixedUse

Financial Details

Common Charges $2,036/mo
RE Taxes $40,536/yr ($3,378/mo)
Original Price $5,250,000
Sale Price $4,500,000
Previous Price $4,650,000

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

20

Price Reduced

31%

Sold (30 Days)

34

Median Sale Price

$2.05M

Live data from RLS at REBNY • Updated 4/27/26, 12:35 AM EST

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Location

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252 7th Avenue #PHY, Chelsea, New York County

Virtual Tour

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 $2,036 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $40,536, or roughly $3,378 per month. Verify the current assessment with your attorney before closing.

This property has 3 bedrooms and 3 full bathrooms and 1 half bathroom.

The listed interior living area is 2,310 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 2,310 sq ft, the asking price per square foot is approximately $1,948. 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: RLS10970016
First Listed: 5/13/2024
On Market: 5/13/2024
Price Changed: 5/12/2025
Closed: 5/12/2025
Contract Date: 2/13/2024

Listing Courtesy of Compass - Elizabeth H Goss

Listing Contact: (917) 270-5433

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 4/27/2026 at 4:35 AM UTC

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