NOT LISTED FOR SALE

Estimated Value: $3,724,093 - $4,660,000

2 Beds
2.5 Baths
2,384 Sq Ft
$2,069/mo HOA Fee

Last Sold December 21, 2015

Last sale price $4,354,000 $1,826 Per Sq Ft

Current estimated payment $29,204/month

57 Days on Market

Highlights

  • Rooftop Deck
  • 2-minute walk to Canal Street (N,Q,R Line)
  • New Windows
  • P.S. 130 - Hernando De Soto Rated A
  • Pre War Building
  • Entrance Foyer

About This Home

As of December 2015

For those in the market for a luxury loft in Soho, look no further. Overlooking historic cast iron lofts on cobblestoned Mercer Street, this graceful 2 bedroom, 2 and a half bath condo has it all. At nearly 2,400 square feet, the apartment boasts 11? 7? ceilings, a wood burning fireplace, original cast iron columns, laundry closet, and hardwood floors. The living and dining space is immense, and abuts an open kitchen built for entertaining, with a large island countertop, a deep chef's sink (and prep sink), Gaggenau 5-burner cooktop and hood, Subzero refrigerator, dual Miele ovens, custom-crafted cabinetry, and a wall of immense pantry storage. The gracious master bedroom is serene and comfortable and features a pass-through, custom walk-in closet that leads into the luxurious master bathroom, complete with dual sinks, Duravit soaking tub, steam shower, and floor-to-ceiling Carrera marble. The second bedroom is equally as spacious and has its own en suite bathroom. Custom owner upgrades include dual built-in offices along the hallway, remote-controlled black out shades in the bedrooms, enhanced HVAC central air conditioning system, and a marble backsplash in the kitchen. 22 Mercer Street is one of the premier full-service doorman condominiums in Soho. Additional amenities include a beautifully-landscaped roof terrace, private storage in the basement, onsite super, and newly renovated lobby and hallways. Amazing location offers every neighborhood convenience imaginable, including access to the city?s best shopping, restaurants, and nightlife, in addition to immediate proximity to the ACE/NQR/456 subway lines.

Last Agent to Sell the Property

Scott Fava

Compass License #10301207696 Listed on: 09/14/2015

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $20,423

Year Built

  • Built in 1860

HOA Fees

  • $2,069 Monthly HOA Fees

Home Design

  • Pre War Building

Interior Spaces

  • 2,384 Sq Ft Home
  • Wood Burning Fireplace
  • New Windows
  • Entrance Foyer

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air

Listing and Financial Details

  • Legal Lot and Block 7501 / 231

Community Details

Overview

  • Soho Subdivision
  • 5-Story Property

Amenities

  • Rooftop Deck

Property Details

Home Type

Condominium

Est. Annual Taxes

$20,423

Year Built

Built in 1860

Lot Details

0

HOA Fees

$2,069 per month

Listing Details

  • Cross Street: Grand Street/Howard Street
  • Exposures: East,North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Soho
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Interior Features: Dining Area, Entrance Foyer, Pantry
  • Appliances: Dryer, Washer
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Living Area: 2384.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4
  • Window Features: New Windows

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Integer: 3
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Building Roof Deck

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 2069.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 5
  • Year Built: 1860

Tax Info

  • Tax Block: 231
  • Tax Lot: 7501
  • Tax Annual: 20423.28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 29, 2024
Sold by
Alaheh Mortazavi As Successor Trustee and Mortazavi Family Trust
Bought by
Trutz Llc
Current Estimated Value
$4,336,273

Purchase Details

Listed on
Sep 14, 2015
Closed on
Dec 18, 2015
Sold by
Dienstag Joshua and Peachway Katherine
Bought by
Mohammad Mortazavi As Trustee and Mortazavi Family Trust
Seller's Agent
Scott Fava
Compass
List Price
$4,354,000
Sold Price
$4,354,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.04%

Purchase Details

Closed on
Apr 14, 2011
Sold by
Connolly William Dwyer
Bought by
Dienstag Joshua and Peachway Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
4.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 2007
Sold by
2 Mercer Street Llc and % Property Markets Group
Bought by
Connolly William Dwyer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,900,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Trutz Llc $4,500,000 --
Trutz Llc $4,500,000 --
Mohammad Mortazavi As Trustee $4,354,000 --
Mohammad Mortazavi As Trustee $4,354,000 --
Dienstag Joshua $3,340,000 --
Dienstag Joshua $3,340,000 --
Connolly William Dwyer $2,384,000 --
Connolly William Dwyer $2,384,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dienstag Joshua $1,500,000
Previous Owner Connolly William D $500,000
Previous Owner Conolly William D $31,006
Previous Owner Connolly William Dwyer $1,900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2015 12/21/15 Sold $4,354,000 0.0% $1,826 / Sq Ft
11/10/2015 11/10/15 Pending -- -- --
09/14/2015 09/14/15 For Sale $4,354,000 -- $1,826 / 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
2024 $34,904 $279,191 $33,451 $245,740
2023 $33,960 $276,837 $33,451 $243,386
2022 $33,411 $273,791 $33,451 $240,340
2021 $33,586 $273,791 $33,451 $240,340
2020 $28,515 $303,243 $33,451 $269,792
2019 $27,542 $296,425 $33,451 $262,974
2018 $31,488 $286,380 $33,450 $252,930
2017 $28,758 $261,610 $33,451 $228,159
2016 $26,076 $252,770 $33,451 $219,319
2015 $10,562 $236,840 $33,451 $203,389
2014 $10,562 $200,253 $33,451 $166,802
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10467691

Real Estate Board of New York (REBNY)

APN: 0231-1004