252 7TH Avenue, #8A, New York (Chelsea), NY, 10001 | $2,850,000

Iconic Address. True Loft. Limitless Space. Now available at the legendary Chelsea Mercantile, 8A is an authentic loft offering exceptional scale, light, and luxury. Spanning an impressive 2, 066 square feet, this stunning home features soaring 11-foot beamed ceilings, oversized rooms, and dramatic south- and west-facing picture windows.

Enter through a gracious gallery that feels like a room of its own, setting the stage for the expansive layout beyond. The heart of the home is a magnificent (37. 0' x 20. 4") great room, ideal for entertaining and relaxed living. Anchored by a large open kitchen, this space features an island with custom pendant lighting, state-of-the-art appliances, and a walk-in pantry that includes a new, stacked washer/dryer. The dining area easily accommodates a party of 12 and seamlessly flows into multiple seating and lounge areas, creating a versatile and inviting environment. Southern exposure allows for lots of sunlight and overlooks a tranquil courtyard.

The primary suite is a private sanctuary, measuring (21. 0" x 15. 6"), with ample room for a California king and a separate seating area. A massive, custom-designed walk-in closet (12. 7"x 7. 0") leads to a spa-like en suite bathroom with a double vanity, soaking tub, and a steam shower. The equally spacious second bedroom (15. 6" x 21. 0") includes access to a second full bathroom with a pedal stool sink and tub. This expansive room offers the flexibility to convert into an additional media room or home office.

Larger than many of Chelsea Mercantile's premier layouts, Residence 8A is truly turnkey.

Building amenities include:

  • 24-hour Doorman and Concierge
  • Renovated lobby and elevators
  • 10, 000-square-foot roof deck with panoramic city views
  • Fully equipped fitness center
  • Children's playroom
  • Live-in Resident Manager - Full Maintenance Staff
  • Valet & Housekeeping Services
  • On-Site Dry Cleaning
  • Parking Garage with direct access through the main lobby
  • Conference Room
  • Dedicated storage unit

Location:
Chelsea Mercantile is steps away from Whole Foods market, more than 300 art galleries, a vibrant array of restaurants, numerous fitness studios, The High Line, Hudson Yards, The Witney Museum, West Village, Meatpacking District, Madison Square Park, and some of the best entertainment venues NYC has to offer. The area is well-served by public transportation, making commuting or exploring the city a breeze. Multiple public transit subway lines make navigating the city a breeze (1, 2, 3, A, C, E, N, R).

There is an ongoing capital assesssment of $412. 68/mo.

Features

  • Town: New York
  • Levels: 19
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Building Other,Washer Hookup,In Unit
  • Complex: Chelsea Mercantile
  • Year Built: 1908
  • Common Charge: $1,788 Monthly
  • Approx Sq. Feet: 2,066
  • View: Other
  • Pet Policy: Building Yes,No
  • Appliances: Washer Dryer Allowed
  • MLS#: RLS20020853
  • Days on Market: 2 days
  • Website: https://www.raveis.com
    /prop/RLS20020853/2527thavenue_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.

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Brianna TurgeonVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 2104486

860.625.5780

Brianna.Turgeon@raveis.com

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Our Insurance Division:

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252 7TH Avenue, #8A, New York (Chelsea), NY, 10001

$2,850,000

Gold Key Team

Sales Associates

William Raveis Real Estate

Phone: 860.450.2620

GoldKeyGroup@raveis.com

Brianna Turgeon

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 860.625.5780

Brianna.Turgeon@raveis.com

NMLS Mortgage Loan Originator ID 2104486

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $2,280,000 $2,280,000 $2,280,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.500% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.614% 6.613% 6.183%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $12,946 $14,411 $19,240
Total Monthly Payment $13,071 $14,536 $19,365

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.