Seller's Agent in 2023
Leonard Steinberg
Compass
(646) 375-1932
8 in this area
144 Total Sales
Estimated Value: $4,038,778 - $4,779,000
New Price! Perfectly perched in an immaculately converted landmark 24-hour doorman condominium loft building on a quiet cobblestone block of Mercer Street in SoHo's historic cast-iron district, this superbly outfitted home with two large bedrooms, two and a half bathrooms, is grandly scaled with about 2,392 square feet of living space and features a wood-burning fireplace and a small balcony, the only one of its kind in the building. The East-facing, 25-foot wide great room with its soaring 14ft ceilings is brightly lit by three triple-paned arched windows, framed in hardwood mahogany, that flood the space with dreamy morning light, and feature a working wood-burning fireplace. Adjoining the entertaining space is a Bulthaup open kitchen, expertly equipped for the most discerning chef. It features appliances by SubZero, Gaggenau, & Miele, and is outfitted with imported marble, a sink and pot-filler, a state-of-the-art ventilation system, an extra-large pantry, and a five-burner Wolf range. A grand entry gallery ideal for an art collection maximizes the use of space by providing a home office area complete with storage and customized built-ins. The gracious primary bedroom suite is a serene sanctuary and features a stunning custom-built walk-in closet and a luxurious 5-fixture marble bathroom resplendent with double vanity sinks, a deep soaking tub, and a glass-enclosed steam/rain shower. The enormous second bedroom offers custom closets and a contemporary en-suite bathroom. Both bedrooms are illuminated by a wall of floor-to-ceiling glass windows of an internal atrium that provides views of a landscaped green wall. Recently refinished hardwood flooring features throughout and additional amenities include sound-proofed windows, central heating and air-conditioning, a washer-dryer, a tastefully appointed powder room for guests, and a custom home sound system with Sonos and built-in speakers throughout. 22 Mercer Street is a boutique-scaled 16-unit pet-friendly, full-service condominium with a common roof terrace. A superb variety of restaurants and cafes (including La Mercerie and Le CouCou), world-class shopping including Roman and William's Guild and all major transportation are within moments of your front door. The southerly direction of Mercer Street prevents traffic flow north and keeps this area very light on vehicular traffic. The applicant is required to contribute to the Working Capital Fund in an amount equal to one (1) month's residential common charges. Flip Tax is equal to 1% of the Purchase Price payable by the seller. Please note there is a capital assessment of $4,216.67/month through December 1st, 2023, The assessment is for a capital plan for the building that contemplates the immediate replacement of both the building's heating and cooling systems, as well as a full modernization of the elevator within 1-5 years' time
Last Agent to Sell the Property
Compass License #10491210697 Listed on: 06/29/2022
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lee Elizabeth Avery | $4,250,000 | -- | |
| Lee Elizabeth Avery | $4,250,000 | -- | |
| Gordon Madaline R | -- | -- | |
| Gordon Madaline R | -- | -- | |
| Gordon Madaline R | $3,650,000 | -- | |
| Gordon Madaline R | $3,650,000 | -- | |
| Beyond Hudson Llc | $4,200,000 | -- | |
| Beyond Hudson Llc | $4,200,000 | -- | |
| Maggio Dominick | $3,050,000 | -- | |
| Maggio Dominick | $3,050,000 | -- | |
| Falcone Marc J | $2,950,000 | -- | |
| Falcone Marc J | $2,950,000 | -- |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Maggio Dominick | $1,982,500 | |
| Previous Owner | Falcone Marc J | $2,212,500 |
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/21/2023 06/21/23 | Sold | $4,500,000 | 0.0% | $1,881 / Sq Ft | |
| 05/05/2023 05/05/23 | Pending | -- | -- | -- | |
| 01/12/2023 01/12/23 | Price Changed | $4,500,000 | -5.3% | $1,881 / Sq Ft | |
| 12/31/2022 12/31/22 | For Sale | $4,750,000 | +5.6% | $1,986 / Sq Ft | |
| 12/31/2022 12/31/22 | Off Market | $4,500,000 | -- | -- | |
| 10/22/2022 10/22/22 | Price Changed | $4,750,000 | -4.0% | $1,986 / Sq Ft | |
| 10/02/2022 10/02/22 | Price Changed | $4,950,000 | -1.0% | $2,069 / Sq Ft | |
| 07/01/2022 07/01/22 | For Sale | $5,000,000 | 0.0% | $2,090 / Sq Ft | |
| 07/01/2022 07/01/22 | Off Market | $5,000,000 | -- | -- | |
| 07/01/2022 07/01/22 | Price Changed | $5,000,000 | +11.1% | $2,090 / Sq Ft | |
| 11/14/2019 11/14/19 | Pending | -- | -- | -- | |
| 04/05/2019 04/05/19 | For Sale | $4,500,000 | 0.0% | $1,881 / Sq Ft | |
| 02/14/2018 02/14/18 | Rented | -- | -- | -- | |
| 01/15/2018 01/15/18 | Under Contract | -- | -- | -- | |
| 11/22/2017 11/22/17 | For Rent | $13,500 | 0.0% | -- | |
| 09/14/2014 09/14/14 | Sold | $4,250,000 | -5.5% | $1,777 / Sq Ft | View Prior Sale |
| 08/15/2014 08/15/14 | Pending | -- | -- | -- | |
| 04/04/2014 04/04/14 | For Sale | $4,495,000 | -- | $1,879 / Sq Ft |
| 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 | $34,973 | $285,763 | $33,516 | $252,247 |
| 2024 | $34,973 | $279,743 | $33,516 | $246,227 |
| 2023 | $34,027 | $277,385 | $33,516 | $243,869 |
| 2022 | $27,684 | $274,334 | $33,516 | $240,818 |
| 2021 | $33,653 | $274,334 | $33,516 | $240,818 |
| 2020 | $35,004 | $303,844 | $33,516 | $270,328 |
| 2019 | $33,450 | $297,013 | $33,516 | $263,497 |
| 2018 | $31,550 | $286,948 | $33,516 | $253,432 |
| 2017 | $28,815 | $262,129 | $33,516 | $228,613 |
| 2016 | $26,128 | $253,271 | $33,516 | $219,755 |
| 2015 | $10,584 | $237,309 | $33,516 | $203,793 |
| 2014 | $10,584 | $200,651 | $33,516 | $167,135 |
Seller's Agent in 2023
Leonard Steinberg
Compass
(646) 375-1932
8 in this area
144 Total Sales
Seller Co-Listing Agent in 2023
Hervé Senequier
Compass
(917) 353-2890
6 in this area
85 Total Sales
R
Seller's Agent in 2018
Raphael DeNiro
Douglas Elliman Real Estate
(212) 891-7000
2 in this area
56 Total Sales
Seller's Agent in 2014
Sabrina Saltiel
Douglas Elliman Real Estate
(917) 696-6499
123 Total Sales
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10859721
APN: 0231-1005