$11,500,000
●
Condo -
Off Market
47 Mercer Street #2
Manhattan, NY 10013
3 Beds
3 Baths,
1
Half Bath
4000 Sqft
$63,272
Estimated Monthly
$2,009
HOA / Fees
0.12%
Cap Rate
About This Property
An audacious masterpiece, finished to a quality unlike anything on
the market, Residence 2 at 47 Mercer Street is a
once-in-a-generation, sumptuous home, whose qualities may only be
distilled into one word: perfection. Spanning 4000 square feet with
almost 50 feet of frontage over prime Mercer Street, Residence 2
was reimagined by Maurizio Bianchi Mattioli of Studio MBM; its
completion was recently featured in Architectural Digest. With two
luxe bedroom suites, a third smaller bedroom, and a media
room/library, this is a grand and versatile home. Enormous eastern
and western exposures let in incredible light, and 13-foot
ceilings, punctuated by original Corinthian-style columns, allow it
to shine throughout the home. The result is exquisitely SoHo: a
historic loft, updated to the pinnacle of design, in a private cast
iron building.
Enter through the private keyed elevator into the great room. The entire home was designed to display an incredible art and furniture collection. The centerpiece of this 48-foot-wide loft is an enormous and versatile space of over 1,500 square feet, with room for multiple sitting configurations, countless art pieces of every size, dining for 14, and entertaining for dozens. The home has 12 inch-wide french white oak floors, each plank 9- to 15-feet long. The columns and the coffered ceiling provide texture and drama. A double-wide Carrera marble gas fireplace creates intimacy, while the monumental windows breathe life into the space. A media room/library, adjacent to the great room, includes charcoal lacquered built-in bookshelves on two sides, making a cozy, more private space for relaxing or reading. Both the media room and the great room have surround-sound speakers by Crestron, providing a concert-quality listening experience; in the media room, it is an immersive surround sound. At Residence 2, large spaces are left bright and open, while smaller areas are finished with darker colors, creating pockets of warmth among the sprawling home.
Designed by Boffi, the kitchen is right off the great room; every level of finish and appliance is the highest quality. Furnished with appliances from Wolf and Subzero, including a double-wide wine fridge and an ice maker, the kitchen includes black cosmic granite throughout, lighted floating shelves, an eat-in island and prep area, and oversized refrigerator and freezer.
The bedroom suites occupy the west wing of the loft. The principal suite was built as a quiet sanctuary. The walls are finished with Venetian plaster, forest green carpet lines the floors, and the Roman shades are made of a linen and horse hair weave. The entire bedroom suite, including the dressing room and the bathroom, also features hidden surround-sound speakers by Crestron built into the ceiling. The dressing room is an enclave in and of itself, matching the bedroom in size and offering black stained teak built-ins and a center island, along with custom Studio MBM lighting.
The principal bathroom is reminiscent of a hotel spa. It's lined by gray quartzite with brass accents, and has a Brutalist design without sacrificing warmth. Light from the window complements the gray stone, which adds texture to the vanity and is customized to hide bathroom paraphernalia. Other luxe customizations include heated floors, integrated lighting, a steam shower, and an automated Toto toilet.
The second bedroom suite features a large closet and an en-suite bathroom. The third bedroom is a flexible and functional space, serving either as a walk-in closet for the second bedroom, a nursery, an office, or a small art studio.
Residence 2 is wired throughout with a state-of-the-art Crestron smart home system controlling the surround-sound speakers, shades, HVAC, and lighting. The home includes a laundry room with washer/dryer, a powder room for guests, and a customized storage system by Boffi in the foyer.
Built in 1872 as a factory for the Rocco Revival cabinetmaker Alexander Roux, and converted to c
Enter through the private keyed elevator into the great room. The entire home was designed to display an incredible art and furniture collection. The centerpiece of this 48-foot-wide loft is an enormous and versatile space of over 1,500 square feet, with room for multiple sitting configurations, countless art pieces of every size, dining for 14, and entertaining for dozens. The home has 12 inch-wide french white oak floors, each plank 9- to 15-feet long. The columns and the coffered ceiling provide texture and drama. A double-wide Carrera marble gas fireplace creates intimacy, while the monumental windows breathe life into the space. A media room/library, adjacent to the great room, includes charcoal lacquered built-in bookshelves on two sides, making a cozy, more private space for relaxing or reading. Both the media room and the great room have surround-sound speakers by Crestron, providing a concert-quality listening experience; in the media room, it is an immersive surround sound. At Residence 2, large spaces are left bright and open, while smaller areas are finished with darker colors, creating pockets of warmth among the sprawling home.
Designed by Boffi, the kitchen is right off the great room; every level of finish and appliance is the highest quality. Furnished with appliances from Wolf and Subzero, including a double-wide wine fridge and an ice maker, the kitchen includes black cosmic granite throughout, lighted floating shelves, an eat-in island and prep area, and oversized refrigerator and freezer.
The bedroom suites occupy the west wing of the loft. The principal suite was built as a quiet sanctuary. The walls are finished with Venetian plaster, forest green carpet lines the floors, and the Roman shades are made of a linen and horse hair weave. The entire bedroom suite, including the dressing room and the bathroom, also features hidden surround-sound speakers by Crestron built into the ceiling. The dressing room is an enclave in and of itself, matching the bedroom in size and offering black stained teak built-ins and a center island, along with custom Studio MBM lighting.
The principal bathroom is reminiscent of a hotel spa. It's lined by gray quartzite with brass accents, and has a Brutalist design without sacrificing warmth. Light from the window complements the gray stone, which adds texture to the vanity and is customized to hide bathroom paraphernalia. Other luxe customizations include heated floors, integrated lighting, a steam shower, and an automated Toto toilet.
The second bedroom suite features a large closet and an en-suite bathroom. The third bedroom is a flexible and functional space, serving either as a walk-in closet for the second bedroom, a nursery, an office, or a small art studio.
Residence 2 is wired throughout with a state-of-the-art Crestron smart home system controlling the surround-sound speakers, shades, HVAC, and lighting. The home includes a laundry room with washer/dryer, a powder room for guests, and a customized storage system by Boffi in the foyer.
Built in 1872 as a factory for the Rocco Revival cabinetmaker Alexander Roux, and converted to c
Unit Size
4,000Ft²
Days on Market
209 days
Land Size
-
Price per sqft
$2,875
Property Type
Condo
Property Taxes
$4,796
HOA Dues
$2,009
Year Built
1873
Last updated: 22 days ago (RLS #COMP-1398485275356265033)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Apr 1, 2024 | Sold | $11,500,000 | |
Sold | |||
Jan 12, 2024 | In contract | - | |
In contract | |||
Sep 5, 2023 | Listed by Compass | $12,500,000 | |
Listed by Compass | |||
Nov 25, 2008 | Sold to Wesley Vultaggio | $6,000,000 | |
Sold to Wesley Vultaggio | |||
Dec 16, 2003 | Sold to Aaron J Hsu | $2,800,000 | |
Sold to Aaron J Hsu |
Property Highlights
Elevator
Air Conditioning
Fireplace
Interior Details
Bedroom Information
Bedrooms: 3
Bathroom Information
Full Bathrooms: 2
Half Bathrooms: 1
Interior Information
Interior Features: Builtin Features, High Ceilings, Recessed Lighting, Sound System, Walk In Closets
Appliances: Washer
Flooring Type: Hardwood
Living Area: 4000
Room Information
Laundry Features: In Unit, See Remarks
Rooms: 6
Fireplace Information
Has Fireplace
Fireplaces: 1
Exterior Details
Property Information
Year Built: 1880
Building Information
Pets Allowed: Building Yes, Cats O K, Dogs O K
Lot Information
Lot Size Dimensions: 50.170000x100.000000
Land Information
Tax Lot: 1202
Tax Block: 00474
Financial Details
Tax Annual Amount: $57,552
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Location Details
Subdivision Name: SoHo
Stories Total: 7
Association Fee: $2,009
Association Fee Frequency: Monthly
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
Co-op
3
Beds
3
Baths
4,100 ft²
$2,402/ft²
$9,847,500
Feb 16, 2017
$9,847,500
Jul 25, 2017
$6,147/mo
Sold
Condo
3
Beds
3
Baths
4,300 ft²
$2,549/ft²
$10,960,000
Jun 14, 2022
$10,960,000
Apr 27, 2023
$10,499/mo
Condo
3
Beds
3.5
Baths
3,539 ft²
$3,094/ft²
$10,950,000
May 16, 2014
-
Feb 5, 2021
$9,266/mo
Sold
Condo
3
Beds
4
Baths
3,510 ft²
$2,949/ft²
$10,350,000
Mar 12, 2014
$10,350,000
Feb 8, 2016
$5,895/mo
Sold
Condo
3
Beds
4
Baths
3,306 ft²
$3,447/ft²
$11,395,000
Sep 26, 2022
$11,395,000
Jan 18, 2024
$16,441/mo
Sold
Condo
3
Beds
3.5
Baths
3,444 ft²
$2,757/ft²
$9,495,000
Oct 31, 2015
$9,495,000
Feb 5, 2021
$5,364/mo
Active
Condo
3
Beds
4
Baths
4,164 ft²
$2,630/ft²
$10,950,000
Apr 4, 2023
-
$10,636/mo
Active
Condo
3
Beds
3
Baths
4,200 ft²
$2,976/ft²
$12,500,000
Mar 6, 2024
-
$12,499/mo
Active
Condo
3
Beds
4
Baths
3,777 ft²
$2,780/ft²
$10,500,000
Jan 23, 2024
-
$2,661/mo
Active
Condo
3
Beds
4
Baths
3,697 ft²
$2,908/ft²
$10,750,000
Apr 6, 2022
-
$10,201/mo
Active
Condo
3
Beds
4
Baths
3,704 ft²
$2,835/ft²
$10,500,000
Dec 5, 2023
-
$13,470/mo
Active
Condo
3
Beds
3
Baths
3,250 ft²
$3,462/ft²
$11,250,000
Apr 1, 2024
-
$5,316/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
09/05/2023
|
3 Bed
|
3 Bath
|
4000 ft²
|
$12,500,000
3 Bed
3 Bath
4000 ft²
|
$11,500,000
-8.00%
04/01/2024
|
-
|
Lindsay Lyon
Compass
|
|
06/14/2022
|
3 Bed
|
3 Bath
|
4300 ft²
|
$11,960,000
3 Bed
3 Bath
4300 ft²
|
$10,960,000
-8.36%
04/27/2023
|
-
|
Pacey Barron
Compass
|
|
11/04/2015
|
4 Bed
|
2 Bath
|
4000 ft²
|
$7,825,000
4 Bed
2 Bath
4000 ft²
|
$7,500,000
-4.15%
05/03/2016
|
-
|
Emma Maitland
Atelier WM LLC
|
Building Info
About Downtown Manhattan
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