See Home Value
$6,950,000
Condo - Off Market

40 MERCER ST #5

Manhattan, NY 10013
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2370 Sqft
$41,686
Estimated Monthly
$4,212
HOA / Fees
-0.27%
Cap Rate

About This Property

Great Investment Opportunity!  Generate income immediately. Welcome to SoHo's most prestigious building 40 Mercer Street, Apt 5, designed by Pritzker Prize winning architect Jean Nouvel and developed by famed hotelier Andre Balasz. This is an opportunity to live in the heart of SoHo, one of the most vibrant neighborhoods in New York City! Apartment 5 is a 3 bedroom, 3.5 bath corner unit with soaring 12-foot ceilings punctuated by oversized, noise reducing, floor to ceiling windows. This generous floorplan welcomes you with a formal entrance gallery and continues on to the state of the art chefs' open kitchen designed by Bultaup. This beautiful kitchen features dark mahogany cabinetry, Gaggenau, Miele & Subzero stainless steel appliances and dual sinks. The bright, sun flooded South Eastern facing living/dining room flows seamlessly from the open kitchen. A spacious Master bedroom has 2 walk-in closets and a luxurious ensuite bath  beautifully appointed with Thassos marble, double sinks, separate shower and bathtub. The second and third bedrooms each offer an ensuite bathroom and a large closet. The third bedroom allows flexibility of use  offering the option to open seamlessly to the living room with a smooth sliding wall. Custom closets throughout, in unit washer/dryer & central air and heat. This home is a fantastic investment and 1031 Exchange opportunity. Tenant in place. Generate income immediately. 421A tax abatement until 2018.40 Mercer Street, Apt 5 amenities include a 24-hour doorman, concierge, underground parking with direct access to the secure residential elevators, pool, sauna, steam room, Jacuzzi, gymnasium, landscaped courtyard and a rooftop terrace. With its discrete entrance on Mercer Street, this is the trophy home you have been looking for.
Unit Size
2,370Ft²
Days on Market
-
Land Size
-
Price per sqft
$2,932
Property Type
Condo
Property Taxes
$3,347
HOA Dues
$4,212
Year Built
2005
Last updated: 5 months ago ( #CORC-3663176)

Price History

Date / Event Date Event Price
Mar 13, 2024 Listed by Compass $5,995,000
Listed by Compass
Welcome to one of SoHo's most prestigious addresses, where modern luxury and elegance converge in this extraordinary residence designed by Pritzker Prize-winning architect Jean Nouvel and developed by famed hotelier Andre Balasz. Residence 5 is a stunning Southeastern corner 3-bedroom, 3.5-bath home, boasting an expansive 2,370 square feet of living space with soaring 12-foot ceilings and oversized, noise-reducing, floor-to-ceiling windows. The open floor plan features a dramatic entrance…
Jun 19, 2019 No longer available -
No longer available
Jan 29, 2019 Listed $5,995,000
Listed
New to Market. Priced to sell!!! Welcome to SoHo's most prestigious Condo building 40 Mercer Street, designed by Pritzker Prize winning architect Jean Nouvel and developed by famed hotelier Andre Balasz. This is an opportunity to live in the heart of SoHo, one of the most vibrant neighborhoods in New York City! Residence 5 is a gorgeous South Eastern corner 3 bed/3.5 bath home with soaring 12-foot ceilings. This home at 2,370sqft is punctuated by oversized, noise reducing, floor to…
Mar 30, 2016 Listed by The Corcoran Group $7,495,000
Listed by The Corcoran Group
Mar 19, 2007 Sold to Beverly Mercer Llc $4,174,820
Sold to Beverly Mercer Llc

Property Highlights

Garage
Parking Available
Doorman
Elevator
Air Conditioning
With View
Interior Details

Bathroom Information

Half Bathrooms: 1
Full Bathrooms: 3

Room Information

Rooms: 7
Exterior Details

Property Information

Property Condition: Good
PropertySubType: Apartment
Living Area: 2370
Living Area Units: SquareFeet

Building Information

Building Name: 40 Mercer Street
Stories (Total): 14


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
3 Beds
3.5 Baths
2,370 ft²
$2,605/ft²
$6,174,000 May 25, 2013
$6,174,000 May 25, 2014
$5,623/mo
Condo
3 Beds
4 Baths
2,370 ft²
$2,975/ft²
$7,050,000 Feb 9, 2015
$7,050,000 Mar 7, 2016
$6,306/mo
Condo
3 Beds
4 Baths
2,370 ft²
$2,152/ft²
$5,100,000 Oct 12, 2020
$5,100,000 Dec 12, 2020
$4,499/mo
Condo
3 Beds
4 Baths
2,706 ft²
$2,796/ft²
$7,565,000 Oct 12, 2020
$7,565,000 Sep 21, 2020
$4,812/mo
Condo
3 Beds
2.5 Baths
2,674 ft²
$2,375/ft²
$6,350,000 Aug 4, 2014
- Feb 5, 2021
$3,505/mo
Condo
3 Beds
4 Baths
2,901 ft²
$2,758/ft²
$8,000,000 Jun 1, 2016
$8,000,000 Aug 18, 2017
$5,215/mo
Condo
3 Beds
4 Baths
2,370 ft²
$3,164/ft²
$7,498,000 Mar 12, 2024
-
$9,348/mo
Condo
3 Beds
4 Baths
2,399 ft²
$2,876/ft²
$6,900,000 Jul 7, 2023
-
$8,370/mo
Condo
3 Beds
4 Baths
2,370 ft²
$2,530/ft²
$5,995,000 Mar 13, 2024
-
$10,832/mo
Condo
3 Beds
3 Baths
2,264 ft²
$2,871/ft²
$6,500,000 Feb 2, 2024
-
$4,544/mo
Condo
3 Beds
4 Baths
2,399 ft²
$2,730/ft²
$6,550,000 Aug 30, 2016
-
$6,967/mo
Condo
3 Beds
4 Baths
2,399 ft²
$2,647/ft²
$6,350,000 Aug 2, 2021
-
$7,403/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230315 Unit 22
03/15/2023
22
2 Bed
2 Bath
1649 ft²
$4,195,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1649 ft²
$3,815,000 -9.06%
07/18/2023
Carolyn Weiner-Trapness
Brown Harris Stevens Residential Sales LLC
20221127 Unit 39
11/27/2022
39
2 Bed
3 Bath
2206 ft²
$8,495,000
bedrooms
2 Bed
bathrooms
3 Bath
square feet
2206 ft²
$7,900,000 -7.00%
05/09/2023
Fabienne Lecole
Dot Realty NYC
20220112 Unit 32
01/12/2022
32
3 Bed
4 Bath
2706 ft²
$9,995,000
bedrooms
3 Bed
bathrooms
4 Bath
square feet
2706 ft²
$9,000,000 -9.95%
03/28/2024
-
Alexander Boriskin
Prudential Douglas Elliman Real Estate
20211006 Unit 21
10/06/2021
21
2 Bed
3 Bath
1745 ft²
$3,998,000
bedrooms
2 Bed
bathrooms
3 Bath
square feet
1745 ft²
$3,935,000 -1.58%
02/17/2022
Steven Gold
Corcoran Group
20210423 Unit 3
04/23/2021
3
1 Bed
2 Bath
1222 ft²
$3,200,000
bedrooms
1 Bed
bathrooms
2 Bath
square feet
1222 ft²
$3,200,000
04/23/2021
Holly Parker
Douglas Elliman Real Estate
20201012 Unit 11W
10/12/2020
11W
3 Bed
4 Bath
2706 ft²
$7,990,000
bedrooms
3 Bed
bathrooms
4 Bath
square feet
2706 ft²
$7,565,000 -5.32%
09/21/2020
-
Adam Taylor
BOND New York
20201012 Unit 5E
10/12/2020
5E
3 Bed
4 Bath
2370 ft²
$5,650,000
bedrooms
3 Bed
bathrooms
4 Bath
square feet
2370 ft²
$5,100,000 -9.73%
12/12/2020
-
Adam Taylor
BOND New York
20161114 Unit 21
11/14/2016
21
2 Bed
2.5 Bath
1745 ft²
$4,750,000
bedrooms
2 Bed
bathrooms
2.5 Bath
square feet
1745 ft²
-
-
-
Raphael DeNiro
Prudential Douglas Elliman Real Estate
20160330 Unit 5
03/30/2016
5
3 Bed
3 Bath
2370 ft²
$7,495,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
2370 ft²
-
-
-
LiJuan Ye
Compass
20160225 Unit 11W36
02/25/2016
3 Bed
3.5 Bath
2706 ft²
$10,900,000
bedrooms
3 Bed
bathrooms
3.5 Bath
square feet
2706 ft²
-
-
-
Elaine Tross
Prudential Douglas Elliman Real Estate
20151201 Unit 37
12/01/2015
37
3 Bed
3 Bath
2206 ft²
$8,950,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
2206 ft²
$8,350,000 -6.70%
09/24/2018
-
David Attias
The Corcoran Group
20150630 Unit 17
06/30/2015
17
1 Bed
1 Bath
1222 ft²
$3,300,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
1222 ft²
$3,200,000 -3.03%
10/16/2015
Julie Pham
Corcoran Group
20150209 Unit 26
02/09/2015
26
3 Bed
4 Bath
2370 ft²
$7,650,000
bedrooms
3 Bed
bathrooms
4 Bath
square feet
2370 ft²
$7,050,000 -7.84%
03/07/2016
-
Abigail Agranat
Prudential Douglas Elliman Real Estate
20150121 Unit 37
01/21/2015
37
2 Bed
2 Bath
2206 ft²
$9,750,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
2206 ft²
$9,000,000 -7.69%
06/15/2015
Raphael DeNiro
Douglas Elliman Real Estate
20140911 Unit 36
09/11/2014
36
3 Bed
3.5 Bath
2706 ft²
$11,500,000
bedrooms
3 Bed
bathrooms
3.5 Bath
square feet
2706 ft²
-
-
-
Elaine Tross
Prudential Douglas Elliman Real Estate
20140521 Unit 30
05/21/2014
30
4 Bed
4 Bath
3006 ft²
$13,995,000
bedrooms
4 Bed
bathrooms
4 Bath
square feet
3006 ft²
$12,390,000 -11.47%
09/19/2014
John B. Gomes
Douglas Elliman Real Estate
20140128 Unit 3A
01/28/2014
3A
2 Bed
2 Bath
1649 ft²
$4,700,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1649 ft²
$4,700,000
06/23/2014
-
Katja Knupfer
The Corcoran Group
20131210 Unit 40
12/10/2013
40
3 Bed
3.5 Bath
2706 ft²
$11,650,000
bedrooms
3 Bed
bathrooms
3.5 Bath
square feet
2706 ft²
$11,250,000 -3.43%
06/11/2014
Cathy Taub
Stribling & Associates Ltd
20130916 Unit PH7
09/16/2013
PH7
4 Bed
3 Bath
3006 ft²
$13,995,000
bedrooms
4 Bed
bathrooms
3 Bath
square feet
3006 ft²
-
-
-
Raphael DeNiro
Prudential Douglas Elliman Real Estate
20130703 Unit 8
07/03/2013
8
3 Bed
3 Bath
-
$7,500,000
bedrooms
3 Bed
bathrooms
3 Bath
$7,475,000 -0.33%
08/23/2013
Wendy Gleason
Halstead dba Brown Harris Stevens Residential Sales LLC
20130525 Unit 11
05/25/2013
11
3 Bed
3.5 Bath
2370 ft²
$7,000,000
bedrooms
3 Bed
bathrooms
3.5 Bath
square feet
2370 ft²
$6,174,000 -11.80%
01/10/2014
Ryan Serhant
Nest Seekers International
20130206 Unit 15
02/06/2013
15
2 Bed
2 Bath
1649 ft²
$4,750,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1649 ft²
-
-
-
Fredrik Eklund
Prudential Douglas Elliman Real Estate
20121129 Unit 6C
11/29/2012
6C
1 Bed
1 Bath
-
$3,300,000
bedrooms
1 Bed
bathrooms
1 Bath
$3,020,000 -8.48%
02/05/2021
-
Erin Boisson Aries
Douglas Elliman Real Estate
20121010 Unit 27
10/10/2012
27
2 Bed
2 Bath
1415 ft²
$4,300,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1415 ft²
$4,150,000 -3.49%
01/22/2013
Raphael DeNiro
Elliman
20120921 Unit 3A
09/21/2012
3A
2 Bed
2 Bath
1649 ft²
$4,500,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1649 ft²
-
-
-
Heather McDonough
Related Sales, LLC
20120920 Unit 9E
09/20/2012
9E
2 Bed
2 Bath
2206 ft²
$7,595,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
2206 ft²
-
-
-
DARREN SUKENIK
Compass
20120312 Unit 3A
03/12/2012
3A
2 Bed
2 Bath
1649 ft²
$4,350,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1649 ft²
$4,050,000 -6.90%
04/24/2012
-
Adam Taylor
Bond New York Properties LLC
20101213 Unit 3D
12/13/2010
3D
2 Bed
2.5 Bath
1843 ft²
$4,300,000
bedrooms
2 Bed
bathrooms
2.5 Bath
square feet
1843 ft²
$4,300,000
04/07/2011
-
Susan Green
Compass
20081029 Unit 3D
10/29/2008
3D
2 Bed
2.5 Bath
1843 ft²
$4,600,000
bedrooms
2 Bed
bathrooms
2.5 Bath
square feet
1843 ft²
$3,812,500 -17.12%
02/05/2021
-
Sofia Dmitriyeva
R New York
20080313 Unit 33
03/13/2008
33
2 Bed
2.5 Bath
2206 ft²
$7,250,000
bedrooms
2 Bed
bathrooms
2.5 Bath
square feet
2206 ft²
$6,850,000 -5.52%
07/31/2008
Bonnie Goldner
Brown Harris Stevens Residential Sales LLC
20080229 Unit 12EAST
02/29/2008
2 Bed
2.5 Bath
2206 ft²
$7,995,000
bedrooms
2 Bed
bathrooms
2.5 Bath
square feet
2206 ft²
$7,425,000 -7.13%
02/05/2021
-
Wilbur Gonzalez
Town Flatiron, LLC

Building Info

40 Mercer Street 40 Mercer Street, New York, NY 10013
  • 47 Units
  • 3 Units for Sale
More about this Building
40 Mercer Street
Want to find out who owns 40 Mercer Street, New York, NY 10013? Get detailed property transactions here .

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