Listing Courtesy of Level Group Inc
$1,750,000
Potential Rebate: $26,250
A truly sizable 1-bedroom loft (conv. 2 possible) in the renowned Chelsea Mercantile. The expansive floor plan is ideal for entertaining and relaxed living. When entering, you are greeted by a formal entry foyer which leads you to a great room with plenty of space for several seating areas and an oversized dining table. There are 11 feet ceilings throughout, accented by oversized windows. There are serene and sunny exposures into the planted garden courtyard, giving you a sense of Zen that is needed in a NYC lifestyle.
The significantly large primary bedroom is positioned separately from the living area and includes a large custom-built walk-in closet. The mint-condition bathroom is a place of sanctuary and solitude. The stylish open kitchen is in excellent condition with stainless steel, chic black finishes, and offers plenty of cabinet and counter space for any skilled chef. Washer and Dryer in unit.
Built in 1908, the 19-story pre-war (WWI) condominium at 252 Seventh Avenue in Chelsea is prime real estate for New Yorkers looking to turn the clock back on Manhattan's storied history. It embraces the perfect blend of luxury and is notorious for its excellent service and very low monthly common charges and taxes. There is a 24 hour door person and concierge service, a private parking garage located inside the building, a state-of-the-art fitness room, 10,000 square foot roof deck, and a children's playroom.
Neighborhood Faves: Shukette (Middle Eastern Cuisine), Crumbl Dessert, Brooklyn Bagel, Seven Grams Caffe, Whole Foods. Variety Coffee Roasters, Café Chelsea, Jack’s Wife Frida, Plethora of West Chelsea Galleries, Chelsea Piers, and Madison Square Park.
Pied-a-terre, subletting, guarantors, co-purchasing, and corporate ownership are allowed. The condo is pet-friendly. Ongoing monthly capital assessment of $871 through June 2025 for upgrading the elevators and renovations to the incredible city view roof deck.
$10,975 per month
30 year fixed, 6.28% Interest
One-time rebate at closing
$26,250
Monthly savings impact
$73/mo
Effective Purchase Price
$1,723,750
(Home Price - Estimated Rebate)
💡 Estimated rebate from our commission
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: Commission structures vary by property, developer, and transaction. Resale properties typically offer around 3% buyer-side commission, and new developments around 5%, but this is not guaranteed. New developments are often open to negotiation, and each property and transaction is unique. Rebate amounts shown are estimates only. Please confirm commission terms and rebate eligibility with Regis Roumila for the specific property you are interested in. This information is not provided by the Real Estate Board of New York (REBNY).
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.
The Real Estate Rebate Team
Listing Courtesy of Level Group Inc
Data Source: TRESTLE #RLS10968082
RLS at REBNY

2.5%
Experience
Member
Listings
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.
The Real Estate Rebate Team
Listing Courtesy of Level Group Inc
Data Source: TRESTLE #RLS10968082
RLS at REBNY

Compare average listing prices and value metrics for The Chelsea Mercantile against the surrounding Chelsea market.
than the Chelsea price-per-sq-ft average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
Chelsea is a cultural powerhouse. Known for its hundreds of art galleries, the High Line, and beautiful brownstone streets.
\nA mix of historic townhouses, pre-war co-ops, and ultra-luxury condos near the High Line. Very expensive.
\nVibrant and diverse. The LGBTQ+ community has a strong historic presence. Chelsea Market draws foodies.
\nC/E, 1, and F/M trains serve the area. Penn Station is at the northern border.
\nThe High Line is the crown jewel. Chelsea Piers offers massive sports facilities.
\nBest for art lovers, active lifestyle enthusiasts, and those wanting a mix of historic and modern.

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