---
title: "252 7th Avenue #PHP, New York City, NY 10001"
description: "252 7th Avenue #PHP, New York City, NY 10001 — Townhouse in Chelsea, Manhattan, NY. Listing Price $4,995,000. 3 bed, 4 bath, 2,525 sqft Illustrative Buyer Commission Share of $74,925 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10001/252-7th-avenue-php-PHP-ny-10001"
source: "Real Estate Rebate Team"
status: "Active"
---

# 252 7th Avenue #PHP, New York City, NY 10001

Townhouse in Chelsea, Manhattan, NY

Courtesy of Compass

## At a Glance

- **Listing Price**: $4,995,000
- **Beds**: 3
- **Total Baths**: 4
- **Sqft**: 2,525
- **Common Charges**: $2,358 / mo
- **Monthly Taxes**: $7,093 / mo
- **Price per Sqft**: $1,978
- **Brokerage Fee**: Share Eligible

## The Private Brokerage Advantage

As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction.

- **Contract Purchase Price**: $4,995,000
- **Illustrative Buyer Commission Share**: -$74,925*
- **Illustrative Net Cost**: $4,920,075

*Illustrative Buyer Savings of $74,925 — 50% of a 3% buyer-broker commission, shared at closing.*

[Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)

## Photos (10)

![252 7th Avenue #PHP, New York City, NY 10001 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5a684da0-4949-495b-bd62-3d2c736c7a2d.jpg)
![252 7th Avenue #PHP, New York City, NY 10001 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/09499505-a46a-487e-8923-86e59fbe4f16.jpg)
![252 7th Avenue #PHP, New York City, NY 10001 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f7629bab-18be-41c1-b8fc-de0555ca6e8d.jpg)
![252 7th Avenue #PHP, New York City, NY 10001 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/686f6c42-ad5a-47b3-babf-cb8d3c8585ad.jpg)
![252 7th Avenue #PHP, New York City, NY 10001 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c978a644-1d28-4479-940b-7901147579a7.jpg)
![252 7th Avenue #PHP, New York City, NY 10001 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ea85e6d6-f611-4d17-928f-8360c7552837.jpg)
![252 7th Avenue #PHP, New York City, NY 10001 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6edcdce2-d407-4a53-92a2-6c456406bd1c.jpg)
![252 7th Avenue #PHP, New York City, NY 10001 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3641d485-16ea-4a71-9493-9b1759bab08a.jpg)
![252 7th Avenue #PHP, New York City, NY 10001 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/36faca32-5963-4038-8649-b47d60eedd8b.jpg)
![252 7th Avenue #PHP, New York City, NY 10001 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3b13d8f6-27df-4c5c-858b-2967d4f8a175.jpg)

## Property Overview

This duplex penthouse residence feels like a townhouse in the sky, with a gracious entry hall leading to the living/dining space, kitchen and two bedrooms on the first floor. There are sweeping views from the Hudson River to the West, to the Freedom Tower and downtown skyline to the South. There is a wood-burning fireplace to add to the charm. A library off the living room can serve as a TV room, office, guest room or fourth bedroom. Chefs will appreciate the custom cabinetry, Viking refrigerator, Miele dishwasher and Dacor range and microwave in the home’s open kitchen.

The primary bedroom, with Western exposures, has a spacious ensuite marble bath, large closets and an inviting reading nook. The corner guest bedroom has a hall bath and is flooded with light from South and Western views. Off the entry hall you’ll also find ample closet space, a washer/dryer and a powder room for guests.

The second floor features a third bedroom, currently set up as an office, with sweeping Western and Southern views, another full bath and the intimate private terrace, which leads to the building’s common roof deck, offering glorious 360-degree views of the city. The newly finished common area also offers outdoor cooking facilities and dining tables.

Chelsea Mercantile is a full-service, pet-friendly condominium also offering a bike room, conference room, fitness center, garage and children’s playroom. In addition to the doorman and concierge, there is a resident manager, valet and maid services, supplemental laundry facilities and on-site dry cleaning. There is a Whole Foods Market in the building, and the area is home to numerous restaurants, shops and public transportation options, as well as the Chelsea gallery area and the Highline Park.
Shown by appointment only.

## Property Details

- **Property Type**: Condominium
- **Beds**: 3
- **Total Baths**: 4
- **Rooms**: 7
- **Sqft**: 2,525 sqft
- **Stories**: 19
- **Year Built**: 1908
- **Price per Sqft**: $1,978
- **Common Charges**: $2,358 / Monthly
- **Monthly Taxes**: $7,093 / mo
- **Listed On**: Feb 3, 2026
- **Days on Market**: 223 Days

### Residence Features

- Building Washer Dryer Install Allowed
- Building Multiple Locations
- Common On Floor
- Common Area
- Laundry Room
- In Unit
- Garage
- Valet
- Building Garden
- Building Roof Deck
- Private Outdoor Space Over 60 Sqft
- Built-in Features
- Entrance Foyer
- High Ceilings
- Hardwood
- Security Guard
- City
- River

### Building Amenities

- Garage
- Valet

## Sales Evidence

### Recent closed sales

75 apartments at The Chelsea Mercantile have recorded sales since September 2021, the most recent for $2,740,000 in August 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| [17B](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10001/252-7th-avenue-b-17B-ny-10001) (Apartment) | 2 | 1,521 | $2,740,000 | $1,801/ft² | August 26, 2026 | MLS |
| [10P](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10001/252-7th-avenue-p-10P-ny-10001) (Apartment) | 3 | 2,203 | $3,500,000 | $1,589/ft² | August 24, 2026 | MLS |
| [8T](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10001/252-7th-avenue-t-8T-ny-10001) (Apartment) | 2 | 1,140 | $1,695,000 | $1,487/ft² | August 21, 2026 | MLS |
| 14G (Apartment) | 2 | 1,605 | $2,800,000 | $1,745/ft² | May 19, 2026 | City record · MLS |
| 14I (Apartment) | 3 | 2,202 | $3,500,000 | $1,589/ft² | April 15, 2026 | City record · MLS |
| 12Q (Loft) | 2 | 1,563 | $2,400,000 | $1,536/ft² | April 15, 2026 | City record · MLS |
| 16J (Apartment) | 2 | 1,468 | $2,175,000 | $1,482/ft² | March 24, 2026 | City record · MLS |
| 15N (Apartment) | 3 | 2,028 | $4,250,000 | $2,096/ft² | March 20, 2026 | City record · MLS |
| 3K (Apartment) | 1 | 990 | $1,335,000 | $1,348/ft² | February 11, 2026 | City record · MLS |
| 14E (Apartment) | 2 | 1,277 | $2,050,000 | $1,605/ft² | February 10, 2026 | City record · MLS |
| 12I (Apartment) | 2 | 2,202 | $3,375,000 | $1,533/ft² | January 16, 2026 | City record · MLS |
| 10O (Apartment) | 2 | 1,562 | $2,300,000 | $1,472/ft² | January 14, 2026 | City record · MLS |
| 6U (Apartment) | 2 | 1,665 | $2,675,000 | $1,607/ft² | December 10, 2025 | City record · MLS |
| 6W (Apartment) | 1 | 1,540 | $2,500,000 | $1,623/ft² | December 10, 2025 | City record · MLS |
| 12 (Apartment) | 2 | 2,000 | $1,825,000 | $913/ft² | November 18, 2025 | City record · MLS |
| 9R (Apartment) | 2 | 2,269 | $2,860,000 | $1,260/ft² | November 4, 2025 | City record · MLS |
| 10X (Apartment) | 3 | 2,386 | $4,350,000 | $1,823/ft² | October 3, 2025 | City record · MLS |
| PH-O (Apartment) | 3 | 2,502 | $5,600,000 | $2,238/ft² | September 4, 2025 | City record · MLS |
| 11Q (Apartment) | 2 | 1,563 | $2,250,000 | $1,440/ft² | August 22, 2025 | City record · MLS |
| 3C (Apartment) | 1 | 997 | $1,820,000 | $1,825/ft² | July 3, 2025 | City record · MLS |
| 9V (Apartment) | 1 | 1,478 | $2,100,000 | $1,421/ft² | June 18, 2025 | City record · MLS |
| 6H (Apartment) | 2 | 1,628 | $2,200,000 | $1,351/ft² | June 17, 2025 | City record · MLS |
| PH-Y (Apartment) | 3 | 2,310 | $4,500,000 | $1,948/ft² | May 12, 2025 | City record · MLS |
| 10H (Apartment) | 2 | 1,600 | $2,200,000 | $1,375/ft² | May 6, 2025 | City record · MLS |
| 5G (Apartment) | — | 1,586 | $2,367,500 | $1,493/ft² | April 29, 2025 | City record |
| PH-D (Apartment) | 5 | 3,436 | $7,350,000 | $2,139/ft² | April 14, 2025 | City record · MLS |
| 5B (Apartment) | 1 | 1,146 | $1,675,000 | $1,462/ft² | April 3, 2025 | City record |
| 7L (Apartment) | 1 | 979 | $1,615,000 | $1,650/ft² | April 1, 2025 | City record · MLS |
| 5B (Apartment) | 3 | 1,800 | $1,725,000 | $958/ft² | March 31, 2025 | City record · MLS |
| 6P (Apartment) | 3 | 2,200 | $3,600,000 | $1,636/ft² | March 27, 2025 | City record · MLS |
| 17I (Apartment) | 2 | 2,201 | $4,021,875 | $1,827/ft² | March 10, 2025 | City record |
| 18E (Apartment) | 2 | 1,277 | $2,300,000 | $1,801/ft² | January 14, 2025 | City record · MLS |
| PH-G (Apartment) | 3 | 1,906 | $4,000,000 | $2,099/ft² | December 3, 2024 | City record · MLS |
| 9W/9X (Apartment) | 4 | 3,894 | $5,550,000 | $1,425/ft² | November 18, 2024 | City record · MLS |
| 12L (Apartment) | 1 | 953 | $1,475,000 | $1,548/ft² | November 15, 2024 | City record |
| 5L (Apartment) | Studio | 1,001 | $1,400,000 | $1,399/ft² | October 23, 2024 | City record · MLS |
| 5C (Apartment) | 1 | 1,010 | $1,470,000 | $1,455/ft² | September 30, 2024 | City record · MLS |
| 4U (Apartment) | 2 | 1,665 | $2,380,000 | $1,429/ft² | August 16, 2024 | City record · MLS |
| 14D (Apartment) | — | 2,065 | $882,005 | $427/ft² | July 22, 2024 | City record |
| 17H (Apartment) | 2 | 1,631 | $2,550,000 | $1,563/ft² | July 10, 2024 | City record · MLS |

Showing the 40 most recent of 75 recorded sales in this period.

Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below.

### How this price compares

The median closed price for comparable three-bedroom sales at The Chelsea Mercantile is $4,275,000, based on 18 sales between January 2022 and April 2026. This home is asking $4,995,000, $720,000 above that median. The middle half of those sales closed between $3,625,000 and $5,231,250.

- **Median closed price**: $4,275,000
- **Middle half**: $3,625,000 – $5,231,250
- **Based on**: 18 three-bedroom sales at The Chelsea Mercantile
- **Period**: January 2022 – April 2026
- **Median $/ft²**: $1,996/ft²

Across the 14 of these sales with a published asking price, the median closed at 84.6% of what it originally asked. 86% of them closed below the original ask.

### How these sales were negotiated

- **Sold vs original ask**: 84.6% of the original ask
- **Closed below ask**: 86% of 14 sales
- **Listed → in contract**: 189 days (about 27 weeks)
- **In contract → closed**: 63 days (about 9 weeks)

Across the 14 of these sales with a published asking price, the median closed at 84.6% of what it originally asked. 86% of them closed below the original ask.

Half of these homes were in contract within 189 days (about 27 weeks) of coming to market, based on the 15 with a recorded listing date.

Once a deal was agreed, closing took a further 63 days (about 9 weeks), based on the 15 with both dates recorded.

These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure.

Based on 18 three-bedroom sales at The Chelsea Mercantile, January 2022 – April 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ.

### Price trend

Median price per square foot for sales at The Chelsea Mercantile, 2017 to 2026. Price per square foot is used rather than sale price so the line follows the market rather than whichever apartments happened to change hands that year.

| Year | Median $/ft² | Sales |
| --- | --- | --- |
| 2017 | $1,733/ft² | 17 |
| 2018 | $1,651/ft² | 9 |
| 2019 | $1,744/ft² | 10 |
| 2020 | $1,625/ft² | 4 (thin) |
| 2021 | $1,456/ft² | 15 |
| 2022 | $1,680/ft² | 18 |
| 2023 | $1,692/ft² | 10 |
| 2024 | $1,444/ft² | 12 |
| 2025 | $1,550/ft² | 18 |
| 2026 | $1,536/ft² | 9 |

Years marked "thin" rest on fewer than 5 sales, where a single unusual apartment moves the median a long way. Read those points as the small samples they are rather than as the market turning.

Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for.

[See every recorded sale at The Chelsea Mercantile](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-chelsea-mercantile)

## Price and Property History for 252 7th Avenue, Unit PHP

Review the recorded listing activity for 252 7th Avenue, Unit PHP, including asking-price changes and prior market dates.

- **Latest price change**: Reduced by $305,000, or 5.8%, on May 14, 2026
- **Originally listed**: January 31, 2026 at $5,300,000
- **Current asking price**: $4,995,000

| Date | Price | Listing event |
| --- | --- | --- |
| May 14, 2026 | $4,995,000 | Asking price reduced by $305,000, or 5.8% |
| May 14, 2026 | $4,995,000 | Asking price reduced by $305,000, or 5.8% |
| February 4, 2026 | $5,300,000 | Listed for sale by Argo Residential |
| January 31, 2026 | $5,300,000 | Listed for sale by Compass |

## About The Building

### The Chelsea Mercantile

Chelsea · Condominium

252 Seventh Avenue, New York, NY 10001

A building in Chelsea, currently featuring 15 active listings.

- **Year Built**: 1907
- **Total Units**: 15
- **Floors**: 19

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-chelsea-mercantile)

### Available Residences — For Sale (15)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [PHP](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10001/252-7th-avenue-php-PHP-ny-10001) | 3 | 4 | 2,525 sqft | $1,978 | $4,995,000 (-5.8%) | Compass | Feb 3, 2026 | 223 days |
| [5T](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10001/252-7th-avenue-5t-ny-10001) | 1 | 2 | 1,140 sqft | $1,838 | $2,095,000 | Campbell Fionn S | Feb 1, 2026 | 225 days |
| [7K](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10001/252-7th-avenue-k-7K-ny-10001) | 1 | 1 | 990 sqft | $1,667 | $1,650,000 | Campbell Fionn S | Feb 1, 2026 | 225 days |
| [PHP](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10001/252-7th-avenue-php-PHP-ny-10001) | 3 | 4 | 2,525 sqft | $1,978 | $4,995,000 (-5.8%) | Argo Residential | Feb 4, 2026 | 222 days |
| [7C](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10001/252-7th-avenue-7c-ny-10001) | 1 | 1 | 1,010 sqft | $1,634 | $1,650,000 — In contract | Corcoran Group | Feb 18, 2026 | 208 days |
| [10P](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10001/252-7th-avenue-p-10P-ny-10001) | 3 | 3 | 2,203 sqft | $1,589 | $3,500,000 (-2.8%) | Corcoran Group | Mar 20, 2026 | 178 days |
| [17B](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10001/252-7th-avenue-b-17B-ny-10001) | 2 | 2 | 1,521 sqft | $1,801 | $2,740,000 | Corcoran Group | Apr 13, 2026 | 154 days |
| [3M](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10001/252-7th-avenue-m-3M-ny-10001) | 1 | 1 | 979 sqft | $1,429 | $1,399,000 (-6.7%) — In contract | Compass | Apr 17, 2026 | 150 days |
| [5R](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10001/252-7th-avenue-r-5R-ny-10001) | 2 | 2 | 2,269 sqft | $1,144 | $2,595,000 (-2.1%) — In contract | Compass | May 5, 2026 | 132 days |
| [8T](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10001/252-7th-avenue-t-8T-ny-10001) | 2 | 2 | 1,140 sqft | $1,487 | $1,695,000 | Douglas Elliman Real Estate | May 21, 2026 | 116 days |
| [3/C](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10001/252-7th-avenue-3c-ny-10001) | 2 | 1 | 997 sqft | $1,901 | $1,895,000 | Corcoran Group | Jul 17, 2026 | 59 days |
| [9D](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10001/252-7th-avenue-9d-ny-10001) | 3 | 3 | 1,934 sqft | $1,680 | $3,249,000 | Compass | Sep 11, 2026 | 3 days |
| [10F](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10001/252-7th-avenue-10f-ny-10001) | 2 | 2 | 1,531 sqft | $1,626 | $2,490,000 | Corcoran Group | Aug 3, 2026 | 42 days |
| [4J](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10001/252-7th-avenue-4j-ny-10001) | 2 | 2 | 1,313 sqft | $1,790 | $2,350,000 | Compass | Sep 8, 2026 | 6 days |
| [PH-J](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10001/252-7th-avenue-phj-ny-10001) | 2 | 2 | 1,628 sqft | $1,840 | $2,995,000 | FERNANDO BRANCO REALTY LLC | Sep 8, 2026 | 6 days |

## Estimated Monthly Payment

**$34,708 / month**, assuming a 20% down payment ($999,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $25,257
- **Property Taxes**: $7,093
- **Common Charges**: $2,358

Estimates only. Actual payments may vary. Confirm terms with your lender.

## Potential NYC Second-Home Tax

This property may be subject to New York City’s non-primary residence surcharge if it is not used as a qualifying primary residence. The surcharge is based on the NYC Department of Finance market value, not the listing price.

[Estimate the Potential Surcharge](https://realestaterebatesnewyork.com/calculators/nyc-second-home-tax-calculator)

## Chelsea

Art Galleries & High Line Living

[Explore Chelsea](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/chelsea) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby Chelsea

- [Flatiron District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/flatiron-district)
- [West Village real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/west-village)
- [Greenwich Village real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/greenwich-village)
- [Gramercy real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/gramercy)
- [Hells Kitchen real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/hells-kitchen)
- [Theater District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/theater-district)

## Related Links

- [The Chelsea Mercantile — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-chelsea-mercantile)
- [Chelsea neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/chelsea)
- [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

---

> RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

> All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.