114 Mercer Street

114 Mercer Street is a Co-op located in SoHo, New York. The building was first built in 1903 and is 121 years old. The lot that the building was built on is 25 feet wide and 200 feet long. The official lot area is listed as 5,000 square feet. The building itself is 25 feet wide and 198 feet long. In total, 114 Mercer Street has a total floor area of 46,375 square feet. Of that, 42,376 square feet are used for residential purposes. About 3,999 square feet of the building are used for commercial purposes. There are a total of 19 units. Of those, 18 are residential units. There is one commercial unit. 114 Mercer Street has a total of 10 floors. Thankfully, the building is equipped with elevator service.

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. Residents who own pets will be happy to hear that the building is pet-friendly. Both dogs and cats are allowed in the building! There are 9 closings on record, of which we have matching data for 1 listings. In the past 3 years, a listing in this building will typically remain on the market for about 17 days Meaning, listings tend to sell at a median of $2,283 price per square foot. The transaction that took the longest to complete was unit 9, listed on Sep 06, 2022 for $5,500,000. This particular unit ultimately sold 17 days later for $5,250,000. The most recent transaction was for unit 9, which was first advertised on Sep 06, 2022, sold for $5,250,000 on Sep 23, 2022. Fun fact, the oldest transaction we have on record took place on Oct 08, 1974. See the full transaction history for 114 Mercer Street below.

SoHo, where 114 Mercer Street is located, has a median asking price of $1,195,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $5,250,000. For interested buyers, that means the building's median asking price is around 3.39% above the neighborhood's median asking price for co-ops. A buyer may therefore end up paying more for a unit in this building compared to other co-op buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $3,495,000. It is a 2-bedroom and 2-bathroom unit.