NOT LISTED FOR SALE

109 Mercer St Unit 2 New York, NY 10012

SoHo Neighborhood

Estimated Value: $4,492,000 - $5,787,000

3 Beds
3 Baths
2,200 Sq Ft
2007 Built

Last Sold May 06, 2015

Last sale price $5,025,000 $2,284 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $30,508/month

Highlights

  • 1 Fireplace
  • 2-minute walk to Prince Street
  • No HOA
  • P.S. 3 Charrette School Rated A
  • Terrace
  • 4-minute walk to Lt. Peterosino Square

About This Home

As of November 2024

Welcome home to an exceptional and meticulously renovated loft now available for rent, Furnished or Unfurnished!

A private, keyed elevator opens directly into this 2,200sf home, where no detail was overlooked. You'll enjoy luxury living in this stunning 3-Bedroom, 3-Bath that features its own spacious 500+ sq ft private terrace garden.

Your over-sized living room boasts 13-foot ceilings, decorative fireplace, and a wall of windows overlooking Mercer. The custom-designed and newly renovated open kitchen features ample storage with custom cabinetry and plenty of counter space. There's a full bath nearby for guests to use.

The unique split layout ensures privacy between the common spaces and bedrooms, with a pair of small staircases connecting the floors. The first staircase, leading upstairs to the primary bedroom, has a separate mezzanine area that is perfect for a home-office or library.

Heading downstairs to the lower level, you'll find the second and third bedrooms. Each enjoys charming views and great light.

Built in 2009, the boutique Mercer Greene Street Condominium retains the classic cast-iron fa ade and factory aesthetic, while offering a 24-hour attended lobby on Greene Street, and a private entrance on Mercer Street.

Available for a 12-month lease term, pending Board Approval. $24K Unfurnished/ $25K Furnished.

Last Agent to Rent the Property

Christopher Kromer

Brown Harris Stevens Residential Sales LLC License #10301204952 Listed on: 09/26/2024

Brown Harris Stevens Residential Sales LLC

Co-Listed By

Fiona Tran

Brown Harris Stevens Residential Sales LLC License #10401384566

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2007

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 2,200 Sq Ft Home
  • 1 Fireplace
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Terrace
  • No Cooling

Listing and Financial Details

  • Property Available on 9/24/24
  • Legal Lot and Block 7505 / 00499

Community Details

Overview

  • No Home Owners Association
  • Soho Subdivision

Amenities

  • Elevator

Condo Details

Home Type

Condominium

Year Built

Built in 2007

Lot Details

0

Rental Info

  • Land Lease: No
  • Furnished: Unfurnished
  • Available Date: 2024-09-24

Listing Details

  • Exposures: East,South,West
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: SoHo
  • Architectural Style: Walk-Up
  • Entry Level: 2
  • Pets No Pets Comments: ,Building Pets Allowed Comments:Allowed
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Fireplace Features: Other
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2200.0
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 3

Exterior Features

  • View: No
  • Exterior Features: None
  • Patio/Porch Features: Terrace

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building None, In Unit
  • Green Building Features: Elevator(s)
  • Cooling: Other
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee Frequency: Monthly
  • Association: No
  • Common Interest: Condominium

Building Info

  • New Construction: No
  • Units: 1
  • Year Built: 2007

Tax Info

  • Tax Block: 00499
  • Tax Lot: 7505

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2014
Closed on
May 5, 2015
Sold by
Escoffier Christophe and % Shupack & Hardy Llp
Bought by
Gjgem Llc
Seller's Agent
Terri Stone
Douglas Elliman Real Estate
List Price
$5,450,000
Sold Price
$5,025,000
Premium/Discount to List
-$425,000
-7.8%
Current Estimated Value
$5,147,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,873
Avg. Annual Appreciation
0.23%
Original Mortgage
$3,768,750
Outstanding Balance
$2,891,728
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,256,145

Purchase Details

Closed on
Jan 22, 2014
Sold by
Escoffier Christophe and Escoffier Pascale
Bought by
Escoffier Christophe

Purchase Details

Closed on
Apr 17, 2009
Sold by
Tytinian Ltd
Bought by
Escoffier Christophe and Escoffier Pascale

Purchase Details

Closed on
May 31, 2007
Sold by
92-94 Greene Street Holdings Llc
Bought by
Tytinian Ltd
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gjgem Llc $5,025,000 --
Escoffier Christophe -- --
Escoffier Christophe $3,000,000 --
Tytinian Ltd $3,547,430 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gjgem Llc $3,768,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/04/2024 11/04/24 Rented $25,000 +4.2% --
10/14/2024 10/14/24 Under Contract -- -- --
09/26/2024 09/26/24 For Rent $24,000 0.0% --
05/06/2015 05/06/15 Sold $5,025,000 -7.8% $2,284 / Sq Ft View Prior Sale
04/06/2015 04/06/15 Pending -- -- --
04/25/2014 04/25/14 For Sale $5,450,000 -- $2,477 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $41,149 $349,724 $90,269 $259,455
2024 $41,149 $329,142 $90,269 $238,873
2023 $42,837 $349,209 $90,269 $258,940
2022 $41,561 $339,686 $90,269 $249,417
2021 $39,559 $322,483 $90,269 $232,214
2020 $41,936 $357,021 $90,269 $266,752
2019 $39,970 $348,980 $90,269 $258,711
2018 $37,024 $344,399 $90,269 $254,130
2017 $27,966 $337,313 $90,269 $247,044
2016 $26,108 $293,382 $90,270 $203,112
2015 $10,384 $260,556 $90,269 $170,287
2014 $10,384 $219,823 $90,269 $129,554
Source: Public Records

Agents Affiliated with this Home

  • Christopher Kromer

    Landlord's Agent in 2024

    Christopher Kromer

    Brown Harris Stevens Residential Sales LLC

    (212) 381-2249

    2 in this area

    79 Total Sales

    Christopher Kromer
    Section Image

  • F

    Landlord's Co-Listing Agent in 2024

    Fiona Tran

    Brown Harris Stevens Residential Sales LLC

    (510) 316-2707

    4 Total Sales

    Fiona Tran
    Section Image
  • Terri Stone

    Seller's Agent in 2015

    Terri Stone

    Douglas Elliman Real Estate

    (917) 685-0037

    4 Total Sales

    Terri Stone
    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS11012040

Real Estate Board of New York (REBNY)

APN: 0499-1513

New York New York County New York 10012 SoHo

109 Mercer St Unit 2, New York, NY

Not Listed for Sale

Condos

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