40 Mercer St #9

Condo in SoHo
Active
 for Sale at 40 Mercer Street, New York, NY 10013

16

 for Sale at 40 Mercer Street, New York, NY 10013
 for Sale at 40 Mercer Street, New York, NY 10013
 for Sale at 40 Mercer Street, New York, NY 10013
$3,350,000
1
Bed
1.5
Baths
1
Half Bath
1,222
Ft²
$2,741
$/ft²
Acres
Cap Rate
Est. Monthly
Cap Rate
-0.47%
Est. Monthly
$21,961
RARELY AVAILABLE, 1 BEDROOM PLUS LIBRARY AT THE STAR STUDDED 40 MERCER STREET

Enjoy the amenities of a 5-star hotel in this stunning full-service luxury building. Designed by Pritzker-Prize winning architect Jean Nouvel in collaboration with renowned hotelier Andre Balaz, 40 Mercer Street is Soho's most celebrated condominium.

One of the most sought after lines in the building, apartment #9 offers south facing, quintessential soho views on to Grand Street.

The loft-loft living/dining room boasts an open chef's kitchen with top-of-the-line Gaggenau, Miele and Subzero appliances. The gracious primary suite includes a custom walk-in closet/dressing room with safe and split en-suite bath with 6 foot soaking tub...

LISTING AGENT


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

Home Features

HVAC

Central A/C

Laundry

Washer / Dryer in Unit

View

City View

Interior

New Windows

Price History

Date/EventEventPrice
Jan 19, 2023 Listed by CompassListed by Compass$3,350,000
Jan 26, 2022 WithdrawnWithdrawn-
Oct 8, 2021 Listed by CompassListed by Compass$3,500,000
Dec 5, 2012 SoldSold$2,900,000
Mar 3, 2010 SoldSold$1,750,000
Mar 16, 2007 SoldSold$2,392,890

Property Analysis

Cap Rate Analysis

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
IncomePer Year
$50,340
ExpensesPer Year
$66,144
Operating ProfitPer Year
-$15,804
Cap rate
-0.47%

Price Estimate

$3,803,000$3,316,151$2,829,303
20232024202520262027
Current Asking Price

$3,350,000

HopScore Market Price

$3,316,151

The current asking price is $33,848.27 above the HopScore market price.

Comparables

Unit
Status
TypeBedsBathsft²
Price/ft²
Price
Common Charges
Sold
Condo
1
1
1,222 ft²
$2,619/ft²
$3,200,000
$3,338.75/mo
Sold
Condo
1
2
1,222 ft²
$2,619/ft²
$3,200,000
$4,935/mo
Sold
Condo
1
2
1,729 ft²
$1,667/ft²
$2,883,035
$1,433/mo
Sold
Condo
1
2
1,858 ft²
$1,588/ft²
$2,950,000
$1,466/mo
Sold
Condo
2
1
1,418 ft²
$2,010/ft²
$2,850,000
$838/mo

Payment Calculator


Building Info

40 Mercer Street40 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 .

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

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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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Unit #9, 40 Mercer Street, New York, NY 10013


Frequently Asked Questions

What is the median home price in Downtown Manhattan?
The median home price in Downtown Manhattan is $1,995,000, or $1,912/sqft. When you buy a home in Downtown Manhattan, you can expect to pay between $1,067,500 to $4,500,000. These figures may differ depending on the location, type, and size of the property.
What is the median home price for a Studio in Downtown Manhattan?
The median home price for a studio in Downtown Manhattan is $750,000, or $1,311/sqft.
What is the median home price for a One-Bedroom in Downtown Manhattan?
The median home price for a one-bedroom home in Downtown Manhattan is $1,100,000, or $1,475/sqft.
What is the median home price for a Two-Bedroom in Downtown Manhattan?
The median home price for a two-bedroom home in Downtown Manhattan is $2,320,000, or $1,889/sqft.
What is the median home price for a Three-Bedroom in Downtown Manhattan?
The median home price for a three-bedroom home in Downtown Manhattan is $4,980,000, or $2,219/sqft.
What is the median home price for a Four+ Bedroom in Downtown Manhattan?
The median home price for a four+ bedroom home in Downtown Manhattan is $10,000,000, or $2,394/sqft.
What is the breakdown of listings by bedroom count in Downtown Manhattan?
There are currently 1,312 available properties for sale in Downtown Manhattan. Of those, 11.36% are studio listings, 27.82% are one-bedroom listings, 29.73% are two-bedroom listings, 18.83% are three-bedroom listings, and 12.27% are four+ bedroom listings.
What is the breakdown of listings by property type in Downtown Manhattan?
There are currently 888 condos, 47 townhouses, and 3 multifamilies located in Downtown Manhattan. Our inventory of available listings is constantly being updated so be sure to check back frequently.
What is the least expensive property sold in the past 12 months in Downtown Manhattan?
The least expensive property sold in Downtown Manhattan for $120,000.
Now, what is the most expensive property sold in the past 12 months in Downtown Manhattan?
The most expensive property sold in Downtown Manhattan for $65,000,000.
How long on average are properties in Downtown Manhattan on the market?
Based on our collected data, properties in Downtown Manhattan are on the market for a median time of 115 days.

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