252 7th Avenue 5R
Manhattan, NY, 10001 $ 2,650,000
Bedrooms2 Baths2.0 Sq 2,269 Monthly Estimate*
$ 16,317
for $2,650,000 with 2 bedrooms and 2 full baths. This 2,269 square foot condo was built in 1908.
Apartment 5R is a bеautіfully аpрοіnted two-bedroοm, twο‐bаthroοm loft with an oversized walk-in closet, offering a seamless blend of timeless New York character and refined contemporary design. Spanning approximately 2,269 square feet, this exceptional residence is located within the iconic Chelsea Mercantile—a highly coveted condominium known for its rich history, full-service amenities, and prime location. Soaring 11-foot beamed ceilings, classic hardwood floors, and expansive floor-to-ceiling windows create an airy, light-filled atmosphere, complemented by elegant wall moldings, Italian lighting, and integrated sound throughout. With a tranquil western exposure overlooking the courtyard, the home enjoys both abundant natural light and remarkable quiet. A private storage locker is also included. Originally the headquarters of The National Cloak and Suit Company, the Chelsea Mercantile comprises four interconnected buildings and retains a unique sense of architectural heritage. A gracious entry foyer leads into a dramatic open-concept living and dining space, anchored by a thoughtfully designed Boffi kitchen. Perfect for entertaining, the kitchen features dual eat-in peninsulas, stainless steel countertops and backsplashes, custom wenge wood and silvered glass cabinetry, and a full suite of premium appliances by Gaggenau, Sub-Zero, and Miele, including a built-in coffee system. The expansive primary suite offers generous closet space and a serene en-suite bath finished in French limestone, complete with a double vanity, glass-enclosed shower, and a separate soaking tub. The second bedroom includes a large walk-in closet with custom built-ins and its own Boffi en-suite bath with a floating vanity and vessel sink. A dedicated laundry room with a Miele washer and dryer and custom cherry wood cabinetry adds convenience. Residents of the Chelsea Mercantile enjoy an exceptional array of amenities, including 24-hour door attendants, concierge and valet services, on-site parking, a state-of-the-art fitness center, a children’s playroom, and a beautifully landscaped rooftop terrace with sweeping city views. The building also offers direct access to Whole Foods. Surrounded by some of downtown’s best dining, shopping, and cultural destinations—and just moments from the High Line, Chelsea Market, Eataly, and Madison Square Park—this home is ideally situated near multiple subway lines, including the 1, F, M, C, and E. Pet-friendly. Capital Assessment of $534.37 a month.
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Affordability Calculator
- Monthly Principal & Interest
- $16,317
- Monthly Property Taxes
- $2,400
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Average List Price $4,062,665
Percent of Sale Price 53%
About Manhattan, NY 1,662,179 Population
8% Since 2002
$ 86,055 Median Income
39.14 Median Age
16% Households with Children
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Pricing History| Date | Price | Price Change | Description |
|---|
| 5/5/2026 | $2,650,000 | | Listed Price |