by RH Advisors

See Home Value
$11,500,000
Condo - Off Market

47 Mercer Street #2

Manhattan, NY 10013
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
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
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


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
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
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
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
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
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
Condo
3 Beds
4 Baths
4,164 ft²
$2,630/ft²
$10,950,000 Apr 4, 2023
-
$10,636/mo
Condo
3 Beds
3 Baths
4,200 ft²
$2,976/ft²
$12,500,000 Mar 6, 2024
-
$12,499/mo
Condo
3 Beds
4 Baths
3,777 ft²
$2,780/ft²
$10,500,000 Jan 23, 2024
-
$2,661/mo
Condo
3 Beds
4 Baths
3,697 ft²
$2,908/ft²
$10,750,000 Apr 6, 2022
-
$10,201/mo
Condo
3 Beds
4 Baths
3,704 ft²
$2,835/ft²
$10,500,000 Dec 5, 2023
-
$13,470/mo
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
20230905 Unit 2
09/05/2023
2
3 Bed
3 Bath
4000 ft²
$12,500,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
4000 ft²
$11,500,000 -8.00%
04/01/2024
-
Lindsay Lyon
Compass
20220614 Unit PH
06/14/2022
PH
3 Bed
3 Bath
4300 ft²
$11,960,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
4300 ft²
$10,960,000 -8.36%
04/27/2023
-
Pacey Barron
Compass
20151104 Unit 3FL
11/04/2015
3FL
4 Bed
2 Bath
4000 ft²
$7,825,000
bedrooms
4 Bed
bathrooms
2 Bath
square feet
4000 ft²
$7,500,000 -4.15%
05/03/2016
-
Emma Maitland
Atelier WM LLC

Building Info

The Grand Mercer 47 Mercer Street, New York, NY 10013
  • 6 Units
More about this Building
47 Mercer Street
Want to find out who owns 47 Mercer Street, New York, NY 10013? Get detailed property transactions here .

About Downtown Manhattan


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