$6,950,000
●
Condo -
Off Market
40 MERCER ST #5
Manhattan, NY 10013
3 Beds
3 Baths,
1
Half Bath
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
Financial Details
Tax Annual Amount: $40,166
Flip Tax Remarks: ASK EXCL BROKER
Utilities Details
Cooling Type: Wall Units
Location Details
Association Fee: $4,212
Community Features: Fitness Center, Pool
Pets Allowed: Unit No, Building Yes
Other Details
Coexclusive: No
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
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
Sold
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
Sold
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
Sold
Condo
3
Beds
2.5
Baths
2,674 ft²
$2,375/ft²
$6,350,000
Aug 4, 2014
-
Feb 5, 2021
$3,505/mo
Sold
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
Active
Condo
3
Beds
4
Baths
2,370 ft²
$3,164/ft²
$7,498,000
Mar 12, 2024
-
$9,348/mo
Active
Condo
3
Beds
4
Baths
2,399 ft²
$2,876/ft²
$6,900,000
Jul 7, 2023
-
$8,370/mo
Active
Condo
3
Beds
4
Baths
2,370 ft²
$2,530/ft²
$5,995,000
Mar 13, 2024
-
$10,832/mo
Active
Condo
3
Beds
3
Baths
2,264 ft²
$2,871/ft²
$6,500,000
Feb 2, 2024
-
$4,544/mo
In Contract
Condo
3
Beds
4
Baths
2,399 ft²
$2,730/ft²
$6,550,000
Aug 30, 2016
-
$6,967/mo
Active
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 |
---|---|---|---|---|---|---|---|---|
03/15/2023
|
2 Bed
|
2 Bath
|
1649 ft²
|
$4,195,000
2 Bed
2 Bath
1649 ft²
|
$3,815,000
-9.06%
07/18/2023
|
Carolyn Weiner-Trapness
Brown Harris Stevens Residential Sales LLC
|
||
11/27/2022
|
2 Bed
|
3 Bath
|
2206 ft²
|
$8,495,000
2 Bed
3 Bath
2206 ft²
|
$7,900,000
-7.00%
05/09/2023
|
Fabienne Lecole
Dot Realty NYC
|
||
01/12/2022
|
3 Bed
|
4 Bath
|
2706 ft²
|
$9,995,000
3 Bed
4 Bath
2706 ft²
|
$9,000,000
-9.95%
03/28/2024
|
-
|
Alexander Boriskin
Prudential Douglas Elliman Real Estate
|
|
10/06/2021
|
2 Bed
|
3 Bath
|
1745 ft²
|
$3,998,000
2 Bed
3 Bath
1745 ft²
|
$3,935,000
-1.58%
02/17/2022
|
Steven Gold
Corcoran Group
|
||
04/23/2021
|
1 Bed
|
2 Bath
|
1222 ft²
|
$3,200,000
1 Bed
2 Bath
1222 ft²
|
$3,200,000
04/23/2021
|
Holly Parker
Douglas Elliman Real Estate
|
||
10/12/2020
|
3 Bed
|
4 Bath
|
2706 ft²
|
$7,990,000
3 Bed
4 Bath
2706 ft²
|
$7,565,000
-5.32%
09/21/2020
|
-
|
Adam Taylor
BOND New York
|
|
10/12/2020
|
3 Bed
|
4 Bath
|
2370 ft²
|
$5,650,000
3 Bed
4 Bath
2370 ft²
|
$5,100,000
-9.73%
12/12/2020
|
-
|
Adam Taylor
BOND New York
|
|
11/14/2016
|
2 Bed
|
2.5 Bath
|
1745 ft²
|
$4,750,000
2 Bed
2.5 Bath
1745 ft²
|
-
-
|
-
|
Raphael DeNiro
Prudential Douglas Elliman Real Estate
|
|
03/30/2016
|
3 Bed
|
3 Bath
|
2370 ft²
|
$7,495,000
3 Bed
3 Bath
2370 ft²
|
-
-
|
-
|
LiJuan Ye
Compass
|
|
02/25/2016
|
3 Bed
|
3.5 Bath
|
2706 ft²
|
$10,900,000
3 Bed
3.5 Bath
2706 ft²
|
-
-
|
-
|
Elaine Tross
Prudential Douglas Elliman Real Estate
|
|
12/01/2015
|
3 Bed
|
3 Bath
|
2206 ft²
|
$8,950,000
3 Bed
3 Bath
2206 ft²
|
$8,350,000
-6.70%
09/24/2018
|
-
|
David Attias
The Corcoran Group
|
|
06/30/2015
|
1 Bed
|
1 Bath
|
1222 ft²
|
$3,300,000
1 Bed
1 Bath
1222 ft²
|
$3,200,000
-3.03%
10/16/2015
|
Julie Pham
Corcoran Group
|
||
02/09/2015
|
3 Bed
|
4 Bath
|
2370 ft²
|
$7,650,000
3 Bed
4 Bath
2370 ft²
|
$7,050,000
-7.84%
03/07/2016
|
-
|
Abigail Agranat
Prudential Douglas Elliman Real Estate
|
|
01/21/2015
|
2 Bed
|
2 Bath
|
2206 ft²
|
$9,750,000
2 Bed
2 Bath
2206 ft²
|
$9,000,000
-7.69%
06/15/2015
|
Raphael DeNiro
Douglas Elliman Real Estate
|
||
09/11/2014
|
3 Bed
|
3.5 Bath
|
2706 ft²
|
$11,500,000
3 Bed
3.5 Bath
2706 ft²
|
-
-
|
-
|
Elaine Tross
Prudential Douglas Elliman Real Estate
|
|
05/21/2014
|
4 Bed
|
4 Bath
|
3006 ft²
|
$13,995,000
4 Bed
4 Bath
3006 ft²
|
$12,390,000
-11.47%
09/19/2014
|
John B. Gomes
Douglas Elliman Real Estate
|
||
01/28/2014
|
2 Bed
|
2 Bath
|
1649 ft²
|
$4,700,000
2 Bed
2 Bath
1649 ft²
|
$4,700,000
06/23/2014
|
-
|
Katja Knupfer
The Corcoran Group
|
|
12/10/2013
|
3 Bed
|
3.5 Bath
|
2706 ft²
|
$11,650,000
3 Bed
3.5 Bath
2706 ft²
|
$11,250,000
-3.43%
06/11/2014
|
Cathy Taub
Stribling & Associates Ltd
|
||
09/16/2013
|
4 Bed
|
3 Bath
|
3006 ft²
|
$13,995,000
4 Bed
3 Bath
3006 ft²
|
-
-
|
-
|
Raphael DeNiro
Prudential Douglas Elliman Real Estate
|
|
07/03/2013
|
3 Bed
|
3 Bath
|
-
|
$7,500,000
3 Bed
3 Bath
|
$7,475,000
-0.33%
08/23/2013
|
Wendy Gleason
Halstead dba Brown Harris Stevens Residential Sales LLC
|
||
05/25/2013
|
3 Bed
|
3.5 Bath
|
2370 ft²
|
$7,000,000
3 Bed
3.5 Bath
2370 ft²
|
$6,174,000
-11.80%
01/10/2014
|
Ryan Serhant
Nest Seekers International
|
||
02/06/2013
|
2 Bed
|
2 Bath
|
1649 ft²
|
$4,750,000
2 Bed
2 Bath
1649 ft²
|
-
-
|
-
|
Fredrik Eklund
Prudential Douglas Elliman Real Estate
|
|
11/29/2012
|
1 Bed
|
1 Bath
|
-
|
$3,300,000
1 Bed
1 Bath
|
$3,020,000
-8.48%
02/05/2021
|
-
|
Erin Boisson Aries
Douglas Elliman Real Estate
|
|
10/10/2012
|
2 Bed
|
2 Bath
|
1415 ft²
|
$4,300,000
2 Bed
2 Bath
1415 ft²
|
$4,150,000
-3.49%
01/22/2013
|
Raphael DeNiro
Elliman
|
||
09/21/2012
|
2 Bed
|
2 Bath
|
1649 ft²
|
$4,500,000
2 Bed
2 Bath
1649 ft²
|
-
-
|
-
|
Heather McDonough
Related Sales, LLC
|
|
09/20/2012
|
2 Bed
|
2 Bath
|
2206 ft²
|
$7,595,000
2 Bed
2 Bath
2206 ft²
|
-
-
|
-
|
DARREN SUKENIK
Compass
|
|
03/12/2012
|
2 Bed
|
2 Bath
|
1649 ft²
|
$4,350,000
2 Bed
2 Bath
1649 ft²
|
$4,050,000
-6.90%
04/24/2012
|
-
|
Adam Taylor
Bond New York Properties LLC
|
|
12/13/2010
|
2 Bed
|
2.5 Bath
|
1843 ft²
|
$4,300,000
2 Bed
2.5 Bath
1843 ft²
|
$4,300,000
04/07/2011
|
-
|
Susan Green
Compass
|
|
10/29/2008
|
2 Bed
|
2.5 Bath
|
1843 ft²
|
$4,600,000
2 Bed
2.5 Bath
1843 ft²
|
$3,812,500
-17.12%
02/05/2021
|
-
|
Sofia Dmitriyeva
R New York
|
|
03/13/2008
|
2 Bed
|
2.5 Bath
|
2206 ft²
|
$7,250,000
2 Bed
2.5 Bath
2206 ft²
|
$6,850,000
-5.52%
07/31/2008
|
Bonnie Goldner
Brown Harris Stevens Residential Sales LLC
|
||
02/29/2008
|
2 Bed
|
2.5 Bath
|
2206 ft²
|
$7,995,000
2 Bed
2.5 Bath
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
About Downtown Manhattan
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