252 Seventh Avenue, #6U, New York (Chelsea), NY, 10001 | $2,950,000

Welcome to Residence 6U at the Chelsea Mercantile — a thoughtfully reimagined home that blends modern upgrades with the timeless character of a pre-war building, all in one of Chelsea’s most sought-after addresses. This one-of-a-kind residence has undergone an extensive renovation by acclaimed designers Workshop DA studio, delivering a masterfully crafted space with meticulous attention to detail. Originally configured as a two-bedroom plus home office, the second bedroom has been opened up, creating a dramatic and versatile layout that can be restored if desired. From the moment you enter inside, the scale of the home is undeniable. Eleven-foot ceilings and a sprawling 35-foot south-facing great room are bathed in natural light from a wall of seven-foot-tall windows, complete with automated blinds. The open-plan layout seamlessly transitions to a chef’s kitchen featuring imported Italian cabinetry, stone countertops, and a full suite of Viking, Sub-Zero, and Miele appliances. Eight-inch-wide plank floors and Venetian plaster columns lend warmth and texture, while gallery-style reveal baseboards and built-in speakers highlight the home’s thoughtful design. The primary suite is a serene retreat, offering a custom walk-in closet and an en-suite bathroom with slab sinks and luxurious finishes reminiscent of a boutique hotel. A separate home office provides flexibility as a private workspace or guest room. Additional features include abundant storage, a suburban-sized washer and dryer, and a cohesive design that merges functionality with understated elegance. Lastly, the apartment comes with a dedicated storage unit. Built in 1908 as a garment factory, the Chelsea Mercantile was transformed into a full-service boutique condominium in 2000, combining historic charm with modern convenience. Residents enjoy 24/7 concierge and doorman service, a fitness center with a yoga studio, a children’s playroom, and a 10, 000-square-foot rooftop with panoramic city views. The beautifully reimagined ODA-designed lobby sets the tone for sophisticated living, while Whole Foods on the ground floor offers unmatched convenience. There is an ongoing capital assessment of $282 and a special assessment of $943 till June 30, 2025 for upgrades to the roof deck and elevators.

Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 19
  • Amenities: Bike Room; Garage; Courtyard; Garden; Fitness Room; Laundry Room On Every Floor; Valet; Nursery; Lounge; Roof Deck; Private Storage;
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: InUnit,InBasement,OnCommonFloor
  • Complex: Chelsea Mercantile, The
  • Year Built: 1907
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Private Courtyard : Yes
  • Building Access : Elevator
  • Service Level: Full Service
  • Doorman: FullTime
  • OLR#: PRCH37023564
  • Days on Market: 36 days
  • Website: https://www.raveis.com
    /prop/PRCH37023564/252seventhavenue_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of CORE Group Marketing, LLC

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

Our Executive Mortgage Banker:

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252 Seventh Avenue, #6U, New York (Chelsea), NY, 10001

$2,950,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $2,360,000 $2,360,000 $2,360,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.625% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.820% 6.723% 6.284%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $13,960 $15,111 $20,075
Total Monthly Payment $14,085 $15,236 $20,200

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.