252 7TH Avenue #7G
About This Property
The king size primary suite offers versatility, allowing plentiful room for a home office or intimate sitting area. Indulge in the spa-like bathroom featuring five fixtures, including a separate soaking tub and glass-enclosed shower stall. Functionality meets style with a massive utility closet housing a washer/dryer and serving as a substantial pantry conveniently adjacent to the kitchen. Throughout the residence, long strip hardwood flooring adds a touch of elegance. The home comes with complimentary private storage.
The Chelsea Mercantile exudes prestige and luxury with its prewar history blended with modern sophistication and amenity package, starting with the grand renovated lobby. Amenities include full-time doorman and concierge, onsite parking with direct elevator access (subject to third party availability and costs), landscaped roof deck, complimentary state-of-the-art gym and playroom. This idyllic location is anchored by the onsite Whole Foods with the best of Chelsea at your fingertips with easy access to Madison Square Park, Flatiron, the West Village and easy public transportation (1, C, E. F, M, Path Train and crosstown Select bus service).
Two pets allowed per apartment, subject to board approval. Pied-a-terres and investors welcome. Real estate taxes displayed may be reduced by 17.5% if purchasing as your primary residence (Consult your CPA). Ongoing capital assessment of $271.77 monthly and special assessment of $909.48 monthly through June 2025. All measurements and square footages are approximate and all information should be confirmed by customer.
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
May 8, 2024 | Sold | $2,565,000 | |
Sold | |||
Mar 5, 2024 | In contract | - | |
In contract | |||
Jan 10, 2024 | Listed by Brown Harris Stevens Residential Sales LLC | $2,595,000 | |
Listed by Brown Harris Stevens Residential Sales LLC | |||
Aug 27, 2013 | Listed by Elliman | $2,650,000 | |
Listed by Elliman | |||
|
|||
Classic Chelsea Mercantile "G" line. One of the most sought after
apartment floor plans in the Mercantile. Open kitchen with an
extremely large living room, 2 large bedrooms complete with large
master bathroom and second full bath. This home has high ceilings,
a washer dryer hookup, great windows and is in mint condition!
|
|||
May 16, 2012 | Sold to Gloria Naftali | $2,200,000 | |
Sold to Gloria Naftali |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
02/15/2024
|
2 Bed
|
2 Bath
|
1665 ft²
|
$2,900,000
2 Bed
2 Bath
1665 ft²
|
$2,380,000
-17.93%
08/16/2024
|
-
|
DIEGO PLAZA
Prudential Douglas Elliman Real Estate
|
|
02/14/2024
|
1 Bed
|
1 Bath
|
1010 ft²
|
$1,750,000
1 Bed
1 Bath
1010 ft²
|
$1,470,000
-16.00%
09/30/2024
|
-
|
Tom Titone
Prudential Douglas Elliman Real Estate
|
|
01/10/2024
|
2 Bed
|
2 Bath
|
1637 ft²
|
$2,595,000
2 Bed
2 Bath
1637 ft²
|
$2,565,000
-1.16%
05/08/2024
|
-
|
Clifford Marks
Halstead Property, LLC
|
|
10/24/2023
|
2 Bed
|
2 Bath
|
1581 ft²
|
$3,000,000
2 Bed
2 Bath
1581 ft²
|
$2,725,000
-9.17%
06/13/2024
|
-
|
Leonard Steinberg
Elliman
|
|
09/10/2023
|
3 Bed
|
3 Bath
|
-
|
$3,995,000
3 Bed
3 Bath
|
-
-
|
-
|
Ryan Serhant
SERHANT.
|
|
09/05/2023
|
2 Bed
|
2 Bath
|
1563 ft²
|
$3,000,000
2 Bed
2 Bath
1563 ft²
|
-
-
|
-
|
Fionn Campbell
Campbell Fionn S
|
|
06/20/2023
|
2 Bed
|
2 Bath
|
1631 ft²
|
$2,950,000
2 Bed
2 Bath
1631 ft²
|
$2,550,000
-13.56%
07/10/2024
|
-
|
Stuart Moss
Corcoran Group
|
|
12/06/2022
|
2 Bed
|
2 Bath
|
1365 ft²
|
$2,550,000
2 Bed
2 Bath
1365 ft²
|
$2,325,000
-8.82%
06/07/2023
|
-
|
Rebecca Blacker
Warburg Realty Partnership, Ltd.
|
|
09/22/2022
|
2 Bed
|
2 Bath
|
1562 ft²
|
$2,850,000
2 Bed
2 Bath
1562 ft²
|
$2,600,000
-8.77%
04/18/2023
|
-
|
Kenneth Hurley
Industrie Residential
|
|
03/17/2022
|
1 Bed
|
1 Bath
|
980 ft²
|
$1,500,000
1 Bed
1 Bath
980 ft²
|
$1,437,000
-4.20%
08/02/2022
|
-
|
Daniel Karp
Compass
|
|
10/01/2021
|
1 Bed
|
1 Bath
|
1001 ft²
|
$1,650,000
1 Bed
1 Bath
1001 ft²
|
$1,600,000
-3.03%
02/24/2022
|
-
|
Michael Rubin
Compass
|
|
09/08/2021
|
4 Bed
|
4 Bath
|
4343 ft²
|
$3,585,000
4 Bed
4 Bath
4343 ft²
|
$4,400,000
+22.73%
02/03/2022
|
-
|
Michael Rubin
Compass
|
|
09/06/2021
|
1 Bed
|
1 Bath
|
861 ft²
|
$1,250,000
1 Bed
1 Bath
861 ft²
|
$1,225,000
-2.00%
01/07/2022
|
-
|
Miriam Richards
Compass
|
|
09/03/2021
|
2 Bed
|
2 Bath
|
1665 ft²
|
$2,700,000
2 Bed
2 Bath
1665 ft²
|
$2,600,000
-3.70%
04/30/2022
|
-
|
Shannon Eidman
Compass
|
|
07/05/2021
|
1 Bed
|
1 Bath
|
-
|
$1,750,000
1 Bed
1 Bath
|
$1,750,000
03/04/2022
|
-
|
Fionn Campbell
Campbell Fionn S
|
|
05/30/2021
|
2 Bed
|
2 Bath
|
1531 ft²
|
$2,495,000
2 Bed
2 Bath
1531 ft²
|
$2,400,000
-3.81%
08/20/2021
|
-
|
Katherine Camp
Elliman
|
|
05/25/2021
|
3 Bed
|
3 Bath
|
2227 ft²
|
$5,750,000
3 Bed
3 Bath
2227 ft²
|
$5,350,000
-6.96%
06/29/2022
|
-
|
Leonard Steinberg
Elliman
|
|
03/29/2021
|
1 Bed
|
1 Bath
|
990 ft²
|
$1,400,000
1 Bed
1 Bath
990 ft²
|
$1,175,000
-16.07%
07/18/2012
|
-
|
Michael Rubin
Compass
|
|
03/02/2021
|
3 Bed
|
3 Bath
|
-
|
$4,800,000
3 Bed
3 Bath
|
$4,300,000
-10.42%
03/31/2022
|
-
|
Lisa Verdi
Sothebys International Realty
|
|
02/16/2021
|
2 Bed
|
2 Bath
|
1277 ft²
|
$3,000,000
2 Bed
2 Bath
1277 ft²
|
$3,000,000
06/09/2021
|
-
|
Leonard Steinberg
Elliman
|
|
01/25/2021
|
2 Bed
|
3 Bath
|
2203 ft²
|
$3,695,000
2 Bed
3 Bath
2203 ft²
|
$3,140,000
-15.02%
07/15/2021
|
-
|
Stuart Moss
Corcoran Group
|
|
11/05/2020
|
1 Bed
|
2 Bath
|
-
|
$1,825,000
1 Bed
2 Bath
|
$1,825,000
01/25/2022
|
-
|
Nadine Adamson
Brown Harris Stevens Residential Sales LLC
|
|
09/03/2020
|
1 Bed
|
2 Bath
|
1313 ft²
|
$2,250,000
1 Bed
2 Bath
1313 ft²
|
$2,137,500
-5.00%
04/15/2021
|
-
|
Alan Dunkelberger
Corcoran Group
|
|
08/18/2020
|
Studio
|
1 Bath
|
1001 ft²
|
$1,700,000
Studio
1 Bath
1001 ft²
|
$1,700,000
07/23/2021
|
-
|
Fionn Campbell
Campbell Fionn S
|
|
08/06/2020
|
2 Bed
|
2 Bath
|
1313 ft²
|
$2,375,000
2 Bed
2 Bath
1313 ft²
|
$2,375,000
07/14/2021
|
-
|
Joshua Rubin
Douglas Elliman Real Estate
|
|
07/28/2020
|
1 Bed
|
2 Bath
|
1468 ft²
|
$2,295,000
1 Bed
2 Bath
1468 ft²
|
$1,894,000
-17.47%
11/15/2021
|
-
|
Michael Sieger
Sothebys International Realty
|
|
07/23/2020
|
1 Bed
|
1 Bath
|
955 ft²
|
$1,375,000
1 Bed
1 Bath
955 ft²
|
$1,295,000
-5.82%
04/22/2021
|
-
|
Joshua Rubin
Douglas Elliman Real Estate
|
|
07/13/2020
|
2 Bed
|
2 Bath
|
1521 ft²
|
$3,100,000
2 Bed
2 Bath
1521 ft²
|
$3,100,000
10/29/2020
|
-
|
Fionn Campbell
Campbell Fionn S
|
|
10/29/2019
|
1 Bed
|
1 Bath
|
1162 ft²
|
$1,795,000
1 Bed
1 Bath
1162 ft²
|
$1,810,000
+0.84%
05/28/2020
|
-
|
Avichay Alkotzer
Compass
|
|
09/13/2019
|
2 Bed
|
2 Bath
|
1628 ft²
|
$3,495,000
2 Bed
2 Bath
1628 ft²
|
$3,160,000
-9.59%
12/12/2019
|
-
|
Joshua Heyer
The Agency Brokerage
|
|
07/17/2019
|
1 Bed
|
2 Bath
|
1140 ft²
|
$1,995,000
1 Bed
2 Bath
1140 ft²
|
$1,950,000
-2.26%
12/13/2019
|
-
|
Ashlie Roberson
The Agency Brokerage
|
|
10/01/2018
|
2 Bed
|
2 Bath
|
1478 ft²
|
$2,725,000
2 Bed
2 Bath
1478 ft²
|
$2,475,000
-9.17%
02/22/2019
|
-
|
Emily Beare
Core Long Island LLC
|
|
05/03/2018
|
2 Bed
|
2 Bath
|
1597 ft²
|
$2,700,000
2 Bed
2 Bath
1597 ft²
|
$2,600,000
-3.70%
08/28/2018
|
-
|
Ellen Monness
Fox Residential Group, Inc.
|
|
04/23/2018
|
2 Bed
|
2 Bath
|
2066 ft²
|
$2,795,000
2 Bed
2 Bath
2066 ft²
|
$2,675,000
-4.29%
08/22/2018
|
-
|
Michael Rubin
Compass
|
|
03/13/2018
|
1 Bed
|
1 Bath
|
1162 ft²
|
$1,795,000
1 Bed
1 Bath
1162 ft²
|
$1,800,000
+0.28%
07/13/2018
|
-
|
Michael Franco
Compass
|
|
03/06/2018
|
1 Bed
|
1 Bath
|
1004 ft²
|
$1,675,000
1 Bed
1 Bath
1004 ft²
|
$1,657,500
-1.04%
05/24/2018
|
-
|
Michael Rubin
Compass
|
|
09/25/2017
|
1 Bed
|
1 Bath
|
1004 ft²
|
$1,675,000
1 Bed
1 Bath
1004 ft²
|
$1,650,000
-1.49%
12/14/2017
|
-
|
Michael Rubin
Compass
|
|
09/13/2017
|
2 Bed
|
2 Bath
|
2053 ft²
|
$3,595,000
2 Bed
2 Bath
2053 ft²
|
-
-
|
-
|
Cindy Chen
Compass
|
|
09/07/2017
|
3 Bed
|
3 Bath
|
2202 ft²
|
$4,990,000
3 Bed
3 Bath
2202 ft²
|
-
-
|
-
|
Angel Joseph
Brown Harris Stevens Hamptons
|
|
06/16/2017
|
1 Bed
|
1 Bath
|
1010 ft²
|
$1,695,000
1 Bed
1 Bath
1010 ft²
|
$1,695,000
06/16/2017
|
-
|
Stuart Moss
Corcoran Group
|
|
05/08/2017
|
3 Bed
|
3 Bath
|
2338 ft²
|
$4,750,000
3 Bed
3 Bath
2338 ft²
|
-
-
|
-
|
Sarah G Lipman
Corcoran Group
|
|
04/18/2017
|
2 Bed
|
2 Bath
|
1365 ft²
|
$2,600,000
2 Bed
2 Bath
1365 ft²
|
$2,600,000
02/05/2021
|
-
|
susan shafton
Compass
|
|
04/04/2017
|
3 Bed
|
3 Bath
|
2024 ft²
|
$5,300,000
3 Bed
3 Bath
2024 ft²
|
$5,300,000
05/02/2018
|
-
|
Fionn Campbell
Campbell Fionn S
|
|
03/10/2017
|
3 Bed
|
3 Bath
|
2300 ft²
|
$5,650,000
3 Bed
3 Bath
2300 ft²
|
$5,500,000
-2.65%
06/30/2017
|
-
|
Dominic Longcroft
Sotheby's International Realty, Inc.
|
|
01/26/2017
|
1 Bed
|
1 Bath
|
1010 ft²
|
$1,850,000
1 Bed
1 Bath
1010 ft²
|
$1,750,000
-5.41%
05/24/2017
|
-
|
Barrie Mandel
The Corcoran Group
|
|
01/05/2017
|
1 Bed
|
2 Bath
|
1541 ft²
|
$2,425,000
1 Bed
2 Bath
1541 ft²
|
-
-
|
-
|
Sarah G Lipman
Corcoran Group
|
|
09/27/2016
|
2 Bed
|
2 Bath
|
1665 ft²
|
$3,200,000
2 Bed
2 Bath
1665 ft²
|
-
-
|
-
|
Marcy Grau
Compass
|
|
09/22/2016
|
3 Bed
|
3 Bath
|
2185 ft²
|
$5,250,000
3 Bed
3 Bath
2185 ft²
|
$4,550,000
-13.33%
01/09/2017
|
-
|
Andrea Anzaldo
Prudential Douglas Elliman Real Estate
|
|
09/09/2016
|
3 Bed
|
2.5 Bath
|
1934 ft²
|
$3,150,000
3 Bed
2.5 Bath
1934 ft²
|
-
-
|
-
|
Bryan Baltimore
Sotheby's International Realty, Inc.
|
|
07/07/2016
|
2 Bed
|
2 Bath
|
2259 ft²
|
$3,400,000
2 Bed
2 Bath
2259 ft²
|
-
-
|
-
|
Michael Rubin
Compass
|
|
09/06/2016
|
2 Bed
|
2 Bath
|
1313 ft²
|
$2,850,000
2 Bed
2 Bath
1313 ft²
|
$1
-100.00%
06/26/2020
|
-
|
Fionn Campbell
Campbell Fionn S
|
|
09/02/2016
|
2 Bed
|
3 Bath
|
2203 ft²
|
$5,200,000
2 Bed
3 Bath
2203 ft²
|
-
-
|
-
|
Fionn Campbell
Campbell Fionn S
|
|
04/27/2016
|
2 Bed
|
1.5 Bath
|
2268 ft²
|
$3,915,000
2 Bed
1.5 Bath
2268 ft²
|
-
-
|
-
|
Ryan Serhant
SERHANT.
|
|
03/10/2016
|
3 Bed
|
3 Bath
|
2202 ft²
|
$5,200,000
3 Bed
3 Bath
2202 ft²
|
-
-
|
-
|
Linda Gertler
Corcoran Group
|
|
03/03/2016
|
4 Bed
|
4.5 Bath
|
3000 ft²
|
$8,750,000
4 Bed
4.5 Bath
3000 ft²
|
$8,750,000
02/05/2021
|
-
|
Emily Beare
Core Long Island LLC
|
|
03/01/2016
|
3 Bed
|
2.5 Bath
|
1934 ft²
|
$4,600,000
3 Bed
2.5 Bath
1934 ft²
|
$4,600,000
02/05/2021
|
-
|
Fionn Campbell
Campbell Fionn S
|
|
01/18/2016
|
2 Bed
|
2 Bath
|
2092 ft²
|
$3,895,000
2 Bed
2 Bath
2092 ft²
|
$3,895,000
02/05/2021
|
-
|
Michael Rubin
Compass
|
|
01/13/2016
|
1 Bed
|
2 Bath
|
1508 ft²
|
$2,995,000
1 Bed
2 Bath
1508 ft²
|
$2,667,500
-10.93%
04/28/2016
|
-
|
Spencer Means
Compass
|
|
11/05/2015
|
1 Bed
|
1 Bath
|
990 ft²
|
$1,625,000
1 Bed
1 Bath
990 ft²
|
$1,500,000
-7.69%
10/05/2016
|
-
|
Brian Lover
The Corcoran Group
|
|
10/15/2015
|
3 Bed
|
3 Bath
|
2500 ft²
|
$7,660,000
3 Bed
3 Bath
2500 ft²
|
-
-
|
-
|
Harry Nasser
Sothebys International Realty
|
|
09/15/2015
|
2 Bed
|
2 Bath
|
2037 ft²
|
$5,400,000
2 Bed
2 Bath
2037 ft²
|
$5,400,000
02/05/2021
|
-
|
Michael Rubin
Compass
|
|
09/01/2015
|
2 Bed
|
2 Bath
|
1314 ft²
|
$2,595,000
2 Bed
2 Bath
1314 ft²
|
$2,595,000
02/05/2021
|
-
|
Fionn Campbell
Campbell Fionn S
|
|
08/31/2015
|
2 Bed
|
2 Bath
|
2269 ft²
|
$3,995,000
2 Bed
2 Bath
2269 ft²
|
$3,995,000
02/05/2021
|
-
|
Fionn Campbell
Campbell Fionn S
|
|
07/01/2015
|
1 Bed
|
2 Bath
|
1140 ft²
|
$2,195,000
1 Bed
2 Bath
1140 ft²
|
$2,195,000
09/11/2015
|
-
|
Stuart Moss
Corcoran Group
|
|
06/02/2015
|
3 Bed
|
3 Bath
|
2664 ft²
|
$8,000,000
3 Bed
3 Bath
2664 ft²
|
$7,600,000
-5.00%
09/09/2015
|
-
|
Linda Gertler
Corcoran Group
|
|
05/04/2015
|
3 Bed
|
3 Bath
|
2202 ft²
|
$4,995,000
3 Bed
3 Bath
2202 ft²
|
$4,607,500
-7.76%
02/05/2021
|
-
|
Marcy Grau
Compass
|
|
04/21/2015
|
2 Bed
|
2 Bath
|
1365 ft²
|
$2,995,000
2 Bed
2 Bath
1365 ft²
|
-
-
|
-
|
Fionn Campbell
Campbell Fionn S
|
|
04/06/2015
|
1 Bed
|
1 Bath
|
949 ft²
|
$1,595,000
1 Bed
1 Bath
949 ft²
|
$1,615,000
+1.25%
02/05/2021
|
-
|
Elizabeth Jean Adams
Elliman
|
|
03/12/2015
|
2 Bed
|
1 Bath
|
955 ft²
|
$1,595,000
2 Bed
1 Bath
955 ft²
|
$1,595,000
07/01/2015
|
-
|
Carl Edward
Douglas Elliman Real Estate
|
|
01/16/2015
|
2 Bed
|
3 Bath
|
2202 ft²
|
$5,350,000
2 Bed
3 Bath
2202 ft²
|
-
-
|
-
|
Linda Gertler
Corcoran Group
|
|
02/19/2015
|
2 Bed
|
3 Bath
|
2202 ft²
|
$4,675,000
2 Bed
3 Bath
2202 ft²
|
$4,675,000
04/16/2015
|
-
|
Linda Gertler
Corcoran Group
|
|
02/13/2015
|
1 Bed
|
2 Bath
|
1176 ft²
|
$2,395,000
1 Bed
2 Bath
1176 ft²
|
$2,350,000
-1.88%
06/18/2015
|
-
|
Stuart Moss
Corcoran Group
|
|
02/11/2015
|
1 Bed
|
1 Bath
|
955 ft²
|
$1,645,000
1 Bed
1 Bath
955 ft²
|
$1,550,000
-5.78%
02/05/2021
|
-
|
Danielle A.
Brown Harris Stevens Residential Sales LLC
|
|
09/26/2014
|
2 Bed
|
2 Bath
|
1257 ft²
|
$3,100,000
2 Bed
2 Bath
1257 ft²
|
-
-
|
-
|
Fionn Campbell
Campbell Fionn S
|
|
01/12/2015
|
1 Bed
|
1 Bath
|
979 ft²
|
$1,560,000
1 Bed
1 Bath
979 ft²
|
$1,560,000
02/05/2021
|
-
|
Michael Rubin
Compass
|
|
10/20/2014
|
2 Bed
|
2 Bath
|
1665 ft²
|
$2,900,000
2 Bed
2 Bath
1665 ft&s |