40 Mercer Street 40 Mercer Street, New York, NY 10013

  • Condo in SoHo
  • 47 Units
Unit 9Unit 39Unit 32Unit 32Unit 32Unit 32Unit 32

7

Units for Sale


40 Mercer Street is a condo located 40 Mercer Street, in SoHo, New York. The building was first built in 2005 and is 18 years old. The lot that the building was built on is 106 feet wide and 200 feet long. The official lot area is listed as 21,370 square feet. The building itself is 180 feet wide and 95 feet long. In total, 40 Mercer Street has a total floor area of 117,024 square feet. Of that, 85,498 square feet are used for residential purposes. About 31,526 square feet of the building are used for commercial purposes. Additionally, the building has a 22,187 square feet garage. There...
See the full transaction history for 40 Mercer Street below. This property description is generated based on publicly available data.

Building Features

Parking

Garage Parking

Services

DoormanConcierge

Pet Policy

Dogs Allowed / Cats Allowed

Facilities

Fitness CenterStorage Available

Community Features

Facilities

Health Club

Swimming Pool

Swimming Pool

Building Info

Overview

This property was built in 2005.

General

  • Year Built

    2005
  • Building Count

    1
  • Floor Count

    13
  • Total Unit Count

    47
  • Residential Unit Count

    41
  • Basement Type

    5

Dimensions

  • Lot Area Sqft

    21,370
  • Lot Size Depth Feet

    200
  • Lot Size Frontage Feet

    106
  • Building Depth

    95
  • Building Frontage

    180
  • Gross Building Area

    117,024

Building Floor Area

  • Residential Building Floor Area

    85,498
  • Commercial Building Floor Area

    31,526
  • Garage Building Floor Area

    22,187
  • Retail Building Floor Area

    9,339

Floor Area Ratio

  • Built Floor Area Ratio

    5.48
  • Commercial Floor Area Ratio

    5.00
  • Facilities Floor Area Ratio

    6.50

Building

Building codes and types
  • Building Type

    RM
  • Lot Type

    0
  • Land Use

    04
  • Irregular Lot Code

    N

Neighborhood

SoHo-Cast Iron Historic District
  • Community District

    102
  • City Council District

    1
  • Historic District Name

    SoHo-Cast Iron Historic District
  • Police Precinct

    1
  • Fire Company

    E055
  • Health Area

    6800
  • Sanitation District Borough

    1
  • Sanitation Subsection

    1A
  • School District

    02

Zoning

The zoning code for this property is M1-5B.
  • Split Boundary Zone Indicator

    N
  • Zoning

    M1-5B

Geography

The property is located in zip code 10013.
  • Borough Name

    MN
  • Borough Code

    1
  • Block

    474
  • Lot

    7506
  • Borough Block Lot

    1004747506

Address

  • Full Address

    40 Mercer Street
  • Condominium Number

    1654
  • Zip Code

    10013

Valuation

The assessed value of this property is $29,798,569.

Assessments Valuation

  • Assessed Total Value

    $29,798,569
  • Assessed Land Value

    $1,800,014

Exemptions

  • Exempt Total Value

    $2,460
  • Exempt Land Value

    $0


Neighborhood

About SoHo

Stats & Trends

The median asking price in SoHo is $1,575,000.
  • Median Asking

    $1,575,000
  • Sale Price/ft²

    $1,789.13
  • Above Asking

    0.37%
  • Days on Market

    114
40 Mercer Street

7

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Sales History

UnitBedsBathsft²Asking
Common Charges
Listed
Listing Status
Closed
Days on Market
Closing
Above/Below Asking
Buyer(s)
3
3
2,706
$35,000
-/mo
Mar 30, 2023
Active
-
-
-
-
2
2
1,649
$4,195,000
-/mo
Mar 15, 2023
Active
-
-
-
-
1
1.5
1,222
$3,350,000
-/mo
Jan 19, 2023
Active
-
-
-
-
2
2.5
2,206
$8,495,000
-/mo
Nov 27, 2022
In Contract
-
-
-
-
-
2
2
1,415
$4,250,000
-/mo
Jul 7, 2022
Active
-
-
-
-
3
3
3,515
$22,500,000
-/mo
Jun 14, 2022
Active
-
-
-
-
4
3.5
3,006
$17,500,000
-/mo
May 20, 2022
Withdrawn
-
-
-
-
-
3
3.5
2,706
$9,995,000
-/mo
Jan 12, 2022
Expired
-
-
-
-
-
1
1.5
1,222
$3,500,000
-/mo
Oct 8, 2021
Withdrawn
-
-
-
-
-
2
2.5
1,745
$3,998,000
$7,089/mo
Oct 6, 2021
Sold
Feb 17, 2022
134 days
$3,935,000
-1.58%



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40 Mercer Street, New York, NY 10013


Frequently Asked Questions

What neighborhood is 40 Mercer Street located in?
The 40 Mercer Street is a condo located in the neighborhood of SoHo in Downtown Manhattan, New York.
How many units are currently for sale in 40 Mercer Street?
40 Mercer Street has a total of 47 units in the building. There are forty-seven units for sale right now.
What is the average sales price for units in 40 Mercer Street?
The average sales price for units in 40 Mercer Street is $9,750,000, or $4,157/sqft.
What was the most expensive unit sold in 40 Mercer Street in the past 12 months?
40 Mercer Street's most expensive unit sold for $3,800,000 in the past 12 months.
How long on average are units in 40 Mercer Street on the market?
Units in 40 Mercer Street are usually on the market for an average of 133 days with an average asking price of $9,750,000.

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