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252 Seventh Avenue #PHG
Condo in Chelsea •  building info
3bd • 3ba • 1,906ft² $2,099 per ft²
List Price

$4,000,000

Key Details
Days on market
260
Last price change
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Estimated payment
$25,899
Taxes
$4,763
Monthly common charges
$1,950
Description
Welcome to Penthouse G at the Chelsea Mercantile, a dramatic 3 bedroom, 3 bathroom duplex with open northern and southern views of the Manhattan skyline and a huge terrace directly off of the main living space. This trophy home is a seamless blend of over 2500 interior and exterior square feet perched high above one of Chelseas preeminent full-service condominiums. Upon entering the home you are greeted by a voluminous open floor plan of grand entertaining spaces and outdoor living. The living room is 30 wide with four oversized windows offering views of the Empire State Building, Hudson Yards and the northern skyline. The renovated open kitchen is fully vented which features custom millwork and cabinetry, a large island with seating for four, high end appliances including a wolf range and speed oven, Viking refrigerator, and Miele dishwasher. The main terrace is over 42 wide and offers unobstructed Manhattan views. The space has been customized and professionally landscaped to be an outdoor sanctuary away from the city as well as an amazing venue for entertaining. There are mature trees with irrigation, built in electric space heaters, a custom outdoor kitchen by Kalamazoo with refrigeration, cabinetry and plumbed gas grill. The upper level of PH-G has two large bedrooms; both of which are large enough to be the primary suite. The northern suite is 16X 15 has its own private terrace and a spacious ensuite bathroom with a large stall shower, skylight, and radiant heated floors. The south facing bedroom has an ensuite bathroom with a skylight, heated floors and stall shower. Generous in size at nearly 15X15, the second bedroom has open views to the south through three large tilt and turn windows overlooking the iconic skyline, New York Harbor and the Statue of Liberty. The homes third bedroom rounds out the downstairs portion of the home. Additional features of PH-G include a private storage room, in-unit washer/dryer and smart features by Control 4 for HVAC, sound system, and AV. The Chelsea Mercantile is one of the neighborhoods most desirable pre-war condos. Building amenities include a 24-hour doorman and concierge, new lobby renovations, a 10,000-square-foot roof deck with unparalleled views of the city, a fully equipped gym, a childrens playroom, housekeeping and dry cleaning services, parking located on the lower level and a Whole Foods Market in the retail space of the building. The building is superbly run and financially sound with extremely low common charges and real estate taxes. Well situated in the heart of Chelsea, this address is also moments away from Flatiron, Madison Square Park, Nomad, the High Line and the Meatpacking District. Taxes reflect Co-op / Condo Primary Residence Abatement. Special Assessment:$1,171.60 (ending June 2025)

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Important Stuff
Elevator
Washer/Dryer in unit
Full Time Doorman
Cats and Dogs allowed
Listing Amenities
Storage Available
Hardwood floors
City View
Dishwasher
Central Air
Skyline View
Building Amenities
Valet
Concierge
Gym
Bike Room
Live In Super
Fios Available
Garage Parking
Children's Playroom
Parking Available
Storage Available
Laundry in Building
Community Recreation Facility
Outdoor Space
Garden
Terrace
Courtyard
Roof Deck
Building info

History
What it'll cost
Purchase price
$4,000,000
Asking Price: $4,000,000
Term
30 Years
Down Payment
$800,000 (20%)
Min: 20% (800,000)
Rate
6.0 %
Mortgage Amount
$3,200,000
Mortgage Payment
$19,186
Common Charges
$1,950
Taxes
$4,763
Estimated closing cost
$146,000
Total monthly cost $25,899
Listing Courtesy of Compass

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