RealtyLens
for saleRealtyLens property overview
$1,499,000

252 7th Ave Apt 3M

Manhattan, NY, 10001
View more Manhattan, NY property pages
1Beds
1Baths
979Sqft
$1531$/sqft

Listing Notes

Welcome to residence 3M at The Chelsea Mercantile. This massive 979-square-foot loft space boasts 13-foot ceilings, oversize windows with custom electric shades, and modern finishes. The large living space allows for a comfortable living room and dining room setup. The alcoved kitchen features stainless steel appliances including a dishwasher and gas range. Additionally, the kitchen has beautiful modern cabinetry with plenty of storage. The bedroom can easily fit a king-size bed plus additional furniture and features a wall of custom California Closets. Each floor in the building features a laundry room for your convenience. The Chelsea Mercantile is a historic building located in the heart of Chelsea, one of the most desirable neighborhoods in New York City. This amenity-rich building features a full-time doorman, roof deck, gym, children's playroom, garage, and valet cleaning service. Additionally, Whole Foods Supermarket is right downstairs on the ground level and is open from 8 am to 11 pm 7 days a week. There is an ongoing assessment of $235.17 Transportation nearby: 1, C, E, F & M trains.

Market Insights

Above nearby median+22%

$1531/sqft vs a nearby median of $1257/sqft.

Nearby median$1257/sqft
Nearby properties12
Property size979 sqft
  • +22% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 979 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$1.36M$1.23M$1.49M · 45% confidence
vs ask $1.50M+$143k (+9.5%)

Asking price is about 9.5% above where comps + adjustments land — there is room to negotiate.

$1,277/sqft median across 4 tight comps × 979 sqft= $1.25M
  • Transit access+$50k +4.0%
  • Pre-war character+$31k +2.5%
  • High-density walkability+$25k +2.0%
Cumulative NYC adjustments+$106k+8.5%

Property Read

FreshnessVerification recommended

The page is useful for research, but the status and price should be verified before acting.

Market Position+22% vs nearby

The property is priced above the nearby median per square foot, so condition, building quality, and exact location need to justify the higher ask.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read2 items to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
25 days
Last price change
No change recorded
Listed
Apr 17, 2026
Photos
7 photos
Property type
condos
Status
for sale
Last sold
May 27, 2015 · $1,560,000

Features & Amenities

DoormanElevatorGymSecurity FeaturesDishwasherRecreation FacilitiesGarage 1 Or MoreTwo Or More StoriesHigh CeilingFurnitureDen

Photos

Building Facts

Year built
1908
Stories
19
Total units
357
Residential units
352
Building area
14.32 ac
Lot size
1.13 ac
Land use
Mixed residential and commercial buildings
Building class
RM

From NYC public records where available.

Price History

May 4, 2026Initial record
$1,499,000for sale

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.