111 Mercer Condominium Assoc

111 Mercer Condominium Assoc is a condo located 111 Mercer Street, in SoHo, New York. The building was first built in 1879 and is 145 years old. It was first renovated and altered in 1989. But was most recently renovated and altered in 2009. The lot that the building was built on is 25 feet wide and 100 feet long. The official lot area is listed as 2,500 square feet. The building itself is 25 feet wide and 100 feet long. In total, 111 Mercer Street has a total floor area of 11,020 square feet. Of that, 7,996 square feet are used for residential purposes. About 3,024 square feet of the building are used for commercial purposes. There are a total of 5 units. Of those, 4 are residential units. There are 1 commercial units. 111 Mercer Street has a total of 7 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. Better yet, washer and dryers are allowed in each unit. There are 14 closings on record, of which we have matching data for 4 listings. In the past 3 years, a listing in this building will typically remain on the market for about 211 days Meaning, listings tend to sell at a median of $2,744 price per square foot. The transaction that took the longest to complete was unit PH, listed on Jun 08, 2022 for $10,200,000. This particular unit ultimately sold 345 days later for $9,250,000. The most recent transaction was for unit PH, which was first advertised on Jun 08, 2022, sold for $9,250,000 on May 19, 2023. Fun fact, the oldest transaction we have on record took place on Apr 25, 1980. See the full transaction history for 111 Mercer Condominium Assoc below.

SoHo, where 111 Mercer Street is located, has a median asking price of $2,100,000 for condo buildings. Meanwhile, the building itself has a median asking price of $7,122,500. For interested buyers, that means the building's median asking price is around 4.96% above the neighborhood's median asking price for condos. A buyer may therefore end up paying more for a unit in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.