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252 Seventh Avenue #PHC
Condo in Chelsea •  building info
3bd • 3ba • 2,227ft² $2,402 per ft²
Sold price

$5,350,000

Key Details
Days on market
397
Last price change
loading...
Estimated payment
$33,678
Taxes
Monthly common charges
$1,517
Description
Showings begin June 15th. First time ever listed South-West facing 2-3 bedroom, 3-bathroom PENTHOUSE duplex in the famed Chelsea Mercantile with jaw-dropping, protected views, and a large 695SF terrace. This collector-quality home with almost 90 feet of Southern and Western frontage was bought from the developer and this is the first time it is being actively listed in its history. Gut-renovated and re-imagined by esteemed architect Jared Della Valle, converted from its original 3-bedroom layout (easily restored), this penthouse has some of the most impressive light and views, the kind you'd experience mostly on a super-high floor of a highrise. These perspectives are humanly scaled. Exquisite, classic contemporary millwork that appears as if it's merely wood paneling conceals an impressive volume of storage within the apartment. Enter through a gracious foyer that immediately draws you to the expansive corner living room: built-out window seating seduces you to lounge and gaze out at the endless vistas of Downtown Manhattan. The kitchen is open to the living rooms yet expertly tucked away around the corner too. It is equipped with custom cabinetry and stainless counters with professional-grade appliances. A large dining room is easily divided to restore an en suite third bedroom plus dining area. A wall of shelves highlights the sophisticated finish out. Upstairs a grandly scaled Primary Bedroom Suite features extensive closet space all custom-fitted to perfection. Seamless doors are clad in Cocobolo wood. An en-suite bathroom with a skylight tempts you to unwind and relax. The views from this bedroom are equally breathtaking. An additional bedroom is fitted with a built-in desk, shelves, and closets and the third bathroom features another skylight. The terrace above houses the washer/dryer and a mini-kitchen: it is large, landscaped, and benefits equally from the helicopter views, the perfect setting for memorable entertaining or simply relaxing. The Chelsea Mercantile is a full-service luxury Condominium with a recently renovated lobby with 24-hour doorman services, parking with direct elevator access, a state-of-the-art gym, a children's playroom, an in-house laundry/dry-cleaning valet service, supplemental laundry facilities (the unit has a washer-dryer too), and an enviable landscaped roof terrace. This location nestled between centrally positioned Madison Square Park and Hudson Yards/West Chelsea is rich in amenities, with a Whole Foods Market at your doorstep, and Eataly, Chelsea Market, Trader Joe's, to name a few, close by. Additional nearby attractions include The Highline and Hudson River Parks, Chelsea Piers, The West Chelsea Arts District with over 400 of the world's leading contemporary galleries, and Madison Square Park just two blocks away. The brand new Moynihan Station and Fashion Institute of Technology are a few blocks away too. Private storage included. Ongoing Capital Assessment of $360.12 Facade Capital Assessment of $515.47 Thru February 2022 Please note terrace and dining room photos have been virtually staged.

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Important Stuff
Washer/Dryer in unit
Doorman
Elevator
Pets allowed
Listing Amenities
Storage Available
Building Amenities
Concierge
Gym
Bike Room
Live In Super
Children's Playroom
Outdoor Space
Terrace
Courtyard
Roof Deck
History
What it'll cost
Purchase price
$5,350,000
Asking Price: $5,350,000
Term
30 Years
Down Payment
$1,070,000 (20%)
Min: 20% (1,070,000)
Rate
6.5 %
Mortgage Amount
$4,280,000
Mortgage Payment
$27,053
Common Charges
$1,517
Taxes
$5,108
Estimated closing cost
$233,000
Total monthly cost $33,678
Listing Courtesy of Compass

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