93 Mercer Street

93 Mercer Street is a Co-op located in SoHo, New York. The building was first built in 1901 and is 123 years old. It was first renovated and altered in 2006. The lot that the building was built on is 50 feet wide and 100 feet long. The official lot area is listed as 5,000 square feet. The building itself is 50 feet wide and 96 feet long. In total, 93 Mercer Street has a total floor area of 27,500 square feet. Of that, 19,800 square feet are used for residential purposes. About 7,700 square feet of the building are used for commercial purposes. There are a total of 11 units. Of those, 10 are residential units. There is one commercial unit. 93 Mercer Street has a total of 6 floors.

Interested in learning more about the building? Great news, subletting is currently allowed, which makes this a great opportunity for folks who just want a secondary home or make some passive rental income. There are many great amenities and features for residents in the building. Residents who own pets will be happy to hear that the building is pet-friendly. There are 8 closings on record, of which we have matching data for 4 listings. In the past 3 years, a listing in this building will typically remain on the market for about 163 days Meaning, listings tend to sell at a median of $1,200 price per square foot. The transaction that took the longest to complete was unit 4W, listed on Feb 09, 2023 for $2,400,000. This particular unit ultimately sold 180 days later for $2,400,000. The most recent transaction was for unit 4W, which was first advertised on Feb 09, 2023, sold for $2,400,000 on Aug 08, 2023. Fun fact, the oldest transaction we have on record took place on Jan 14, 1974. See the full transaction history for 93 Mercer Street below.

SoHo, where 93 Mercer Street is located, has a median asking price of $1,195,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $2,300,000. For interested buyers, that means the building's median asking price is around 0.92% above the neighborhood's median asking price for co-ops. A buyer may therefore end up paying more for a unit in this building compared to other co-op buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $2,350,000. It is a 2-bedroom and 3-bathroom unit.