---
title: "252 7th Avenue #5R, New York City, NY 10001"
description: "252 7th Avenue #5R, New York City, NY 10001 — Chelsea, New York City, NY. Listing Price $2,595,000. In contract 7/15/2026. 2 bed, 2 bath, 2,269 sqft Illustrative Buyer Commission Share of $38,925 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10001/252-7th-avenue-r-5R-ny-10001"
source: "Real Estate Rebate Team"
status: "Pending"
---

# 252 7th Avenue #5R, New York City, NY 10001

Chelsea, New York City, NY

Courtesy of Compass

## At a Glance

- **Listing Price**: $2,595,000
- **Status**: In contract 7/15/2026
  In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion.
- **Beds**: 2
- **Baths**: 2
- **Sqft**: 2,269
- **Common Charges**: $2,024 / mo
- **Monthly Taxes**: $2,400 / mo
- **Price per Sqft**: $1,144
- **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**: $2,595,000
- **Illustrative Buyer Commission Share**: -$38,925*
- **Illustrative Net Cost**: $2,556,075

*Illustrative Buyer Savings of $38,925 — 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 #5R, New York City, NY 10001 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e0dd4c88-85c9-4786-a6f5-d284e8f80262.jpg)
![252 7th Avenue #5R, New York City, NY 10001 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6cd570c7-5e1a-4ae9-9978-461e948573ac.jpg)
![252 7th Avenue #5R, New York City, NY 10001 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b54cd918-f542-4fc8-95e8-ec6b3f75b62f.jpg)
![252 7th Avenue #5R, New York City, NY 10001 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/637b533b-e341-4005-95cd-76f89ac5858d.jpg)
![252 7th Avenue #5R, New York City, NY 10001 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/60651759-600e-4d92-8c9d-847fa15987d5.jpg)
![252 7th Avenue #5R, New York City, NY 10001 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/25864cad-0968-4755-8538-9f040acd21f1.jpg)
![252 7th Avenue #5R, New York City, NY 10001 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/09337984-133d-4122-9eb2-e2bae0f4dcb9.jpg)
![252 7th Avenue #5R, New York City, NY 10001 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/67d30a70-958b-45a2-8f4d-c80470e7eee1.jpg)
![252 7th Avenue #5R, New York City, NY 10001 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/61258c24-0d96-488e-8bf2-03d223bab970.jpg)
![252 7th Avenue #5R, New York City, NY 10001 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1c134f57-f7e6-4ef1-a90e-c6dd019620df.jpg)

## Property Overview

Apartment 5R is a beautifully appointed two-bedroom, two-bathroom 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.

## Property Details

- **Property Type**: Condominium
- **Beds**: 2
- **Baths**: 2
- **Rooms**: 4
- **Sqft**: 2,269 sqft
- **Stories**: 19
- **Year Built**: 1908
- **Price per Sqft**: $1,144
- **Common Charges**: $2,024 / Monthly
- **Monthly Taxes**: $2,400 / mo
- **Listed On**: May 5, 2026
- **Days on Market**: 130 Days

### Residence Features

- Central Air
- Building Washer Dryer Install Allowed
- Building Multiple Locations
- Common On Floor
- Common Area
- In Unit
- Garage
- Valet
- Building Courtyard
- Building Garden
- Building Roof Deck
- Private Outdoor Space Under 60 Sqft
- Entrance Foyer
- Soaking Tub
- Walk-In Closet(s)
- Cooktop
- Dishwasher
- Refrigerator
- Security Guard

### 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 two-bedroom sales at The Chelsea Mercantile is $2,365,000, based on 26 sales between September 2021 and May 2026. This home is asking $2,595,000, $230,000 above that median. The middle half of those sales closed between $2,250,000 and $2,618,750.

- **Median closed price**: $2,365,000
- **Middle half**: $2,250,000 – $2,618,750
- **Based on**: 26 two-bedroom sales at The Chelsea Mercantile
- **Period**: September 2021 – May 2026
- **Median $/ft²**: $1,565/ft²

Across the 18 of these sales with a published asking price, the median closed at 90.8% of what it originally asked. 94% of them closed below the original ask.

### How these sales were negotiated

- **Sold vs original ask**: 90.8% of the original ask
- **Closed below ask**: 94% of 18 sales
- **Listed → in contract**: 150 days (about 21 weeks)
- **In contract → closed**: 60 days (about 9 weeks)

Across the 18 of these sales with a published asking price, the median closed at 90.8% of what it originally asked. 94% of them closed below the original ask.

Half of these homes were in contract within 150 days (about 21 weeks) of coming to market, based on the 25 with a recorded listing date.

Once a deal was agreed, closing took a further 60 days (about 9 weeks), based on the 25 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 26 two-bedroom sales at The Chelsea Mercantile, September 2021 – May 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 5R

Review the recorded listing activity for 252 7th Avenue, Unit 5R, including asking-price changes and prior market dates.

- **Latest price change**: Reduced by $55,000, or 2.1%, on June 3, 2026
- **Originally listed**: April 16, 2026 at $2,650,000
- **Entered contract**: July 15, 2026

| Date | Price | Listing event |
| --- | --- | --- |
| July 15, 2026 | $2,595,000 | Entered contract |
| June 3, 2026 | $2,595,000 | Asking price reduced by $55,000, or 2.1% |
| April 16, 2026 | $2,650,000 | Listed for sale by Compass |

## Property Tax History

Taxes at 252 7th Avenue #5R were $29,240 in 2026, up 1.1% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $252,664 | $13,999 | $238,665 | $233,922 | $29,240 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $242,765 | $13,999 | $228,766 | $231,388 | $28,924 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $228,343 | $13,999 | $214,344 | $228,343 | $28,543 | 12.5% |
| 2023 (FY 2023/24) | $222,898 | $13,999 | $208,899 | $222,898 | $27,867 | 12.502% |
| 2022 (FY 2022/23) | $247,156 | $13,999 | $233,157 | $239,665 | $29,400 | 12.267% |
| 2021 (FY 2021/22) | $239,990 | $13,999 | $225,991 | $233,902 | $28,618 | 12.235% |
| 2020 (FY 2020/21) | $268,595 | $13,999 | $254,596 | $246,796 | $30,274 | 12.267% |
| 2019 (FY 2019/20) | $263,643 | $13,999 | $249,644 | $229,895 | $28,675 | 12.473% |
| 2018 (FY 2018/19) | $265,617 | $13,999 | $251,618 | $211,441 | $26,667 | 12.612% |
| 2017 (FY 2017/18) | $218,338 | $13,999 | $204,339 | $190,092 | $24,178 | 12.719% |
| 2016 (FY 2016/17) | $217,797 | $13,999 | $203,798 | $176,245 | $22,722 | 12.892% |
| 2015 (FY 2015/16) | $204,555 | $13,999 | $190,556 | $165,344 | $21,301 | 12.883% |
| 2014 (FY 2014/15) | $192,342 | $13,999 | $178,343 | $147,613 | $18,976 | 12.855% |
| 2013 (FY 2013/14) | $180,540 | $13,999 | $166,541 | $141,377 | $18,584 | 13.145% |
| 2012 (FY 2012/13) | $174,328 | $13,999 | $160,329 | $126,537 | $16,381 | 13.181% |
| 2011 (FY 2011/12) | $181,890 | $13,999 | $167,891 | $123,948 | $16,346 | 13.433% |
| 2010 (FY 2010/11) | $122,639 | $13,999 | $108,640 | $107,642 | $14,094 | 13.353% |

The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one.

Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls.

Figures are the New York City Department of Finance assessment roll for tax lot 1007741083. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change.

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## About The Building

### The Chelsea Mercantile

Chelsea · Condominium

252 Seventh Avenue, New York, NY 10001

A building in Chelsea, currently featuring 14 active listings.

- **Year Built**: 1907
- **Total Units**: 14
- **Floors**: 19

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

### Available Residences — For Sale (14)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [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 | 130 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 | 223 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 | 223 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%) | Compass | Feb 3, 2026 | 221 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 | 220 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 | 206 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 | 176 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 | 152 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 | 148 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 | 114 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 | 57 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 | 40 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 | 4 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 | 4 days |

## Estimated Monthly Payment

**$17,546 / month**, assuming a 20% down payment ($519,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $13,122
- **Property Taxes**: $2,400
- **Common Charges**: $2,024

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)

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> 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.
