NOT LISTED FOR SALE

22 Mercer St Unit 4D New York, NY 10013

SoHo Neighborhood

Estimated Value: $4,466,000 - $5,053,000

2 Beds
2.5 Baths
2,500 Sq Ft
$3,200/mo HOA Fee

Last Sold July 28, 2022

Last sale price $5,150,000 $2,060 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $30,656/month

48 Days on Market

Highlights

  • Newly Remodeled
  • 2-minute walk to Canal Street (N,Q,R Line)
  • Pre War Building
  • P.S. 130 - Hernando De Soto Rated A

About This Home

As of July 2022

Sold and closed with multiple offers! Chic, sleek and sophisticated triple mint loft in prime SoHo: Experience grand-scale living with amazing light, soaring 11 ft. ceilings, open city views and 24/7 staff in one of the few full-service Condominiums in the prime Cast Iron District of SoHo at 22 Mercer 4D, New York, NY 10013. Masterfully crafted with your total comfort in mind, this turn-key loft incorporates the ideal fusion of pre-war architecture and bespoke modern comforts spread over 2,500 +- sq.ft. of unrivaled luxury, impeccably renovated by the renowned John Hummel & Associates, this impressive and dramatic residence is move in ready 2 bedroom 2.5 bath, or re-instate back to a flex 3 bedroom for full time living, pied-a-terre, or identify for your 1031 purchase and rent out for Investment income.

Upon entry, step into the striking light-filled 96 ft. long gallery, ideal for your art collection, this stunning oversized loft lacks nothing, principally amongst that, space. The grand living room with original wood burning fireplace and exposed gunmetal columns offers an open kitchen and multiple areas for entertaining and dining, with enough room to seat 12 +- at the table. Crowning the great room are three 8 ft. tall arched windows with stunning custom millwork. Unique for SoHo, Apartment 4D is one of only four residences in the building in which the living room has open sky views that graciously illuminate the apartment all day with the radiant sunlight facing due east, yet also offers pin-drop quiet for sleeping.

The chef's kitchen, designed by German firm Bulthaup, features newly installed top of the line appliances including a Gaggenau 5-burner cooktop & vented hood, Miele oven & dishwasher, Sub-Zero refrigerator/freezer and a 22-bottle wine cooler plus an additional 30-bottle storage nearby. The 11 ft. long custom kitchen bar allows for entertaining on a grand scale with ample cooking space and both a preparation sink and deep chefs sink. Storage abounds discreetly located under the bar, as well enjoy the sleek new floor to ceiling custom pantry with Italian glass cabinets offering an unparalleled luxury: space for all of your finery.

The immense corner primary suite has a fully outfitted dressing room with thoughtful touches such as luggage storage and built-in hampers. Off the dressing room, the spa-like bathroom is cocooned in floor-to-ceiling Carrara marble, and features a huge five-fixture bathroom with double sinks, deep Duravit soaking tub and steam shower. The second oversized bedroom is immense, and actually large enough to divide if needed. Both bedrooms are ingeniously separated by an interior building light well allowing each room to overflow with natural light and have new motorized blackout shades, as well as custom outfitted closets and en-suite bathrooms. As well, there is ample space in the great room to reinstate the original 3rd bedroom if desired.

Valuable upgrades include smart home tools consisting of state-of-the-art Leviton lighting (with 60+ stainless steel spotlights), built-in home audio system, fully outfitted laundry closet with vented Miele washer/dryer and a brand-new central HVAC system with humidifier/dehumidifier; This residence is truly the definition of turn-key.

Located on a historic cobblestone street in the heart of downtown, 22 Mercer Street Condominium is one of the few full-time doorman buildings in prime SoHo., enjoy the best of restaurants and shops right outside your door, plus TriBeCa and the West Village just a stone's throw away. Building amenities include a newly renovated lobby, beautiful roof deck terrace, fantastic building staff and monthly carrying costs amongst the lowest in the neighborhood. The building's simple purchase process is ideal for investors, international purchasers, pied-a-terre buyers, Trust/LLCs and is also pet friendly.

Last Agent to Sell the Property

Lydia Sussek

Douglas Elliman Real Estate License #40SU1173761 Listed on: 04/08/2022

Douglas Elliman Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $36,000

Year Built

  • Built in 1860 | Newly Remodeled

HOA Fees

  • $3,200 Monthly HOA Fees

Home Design

  • 2,500 Sq Ft Home
  • Pre War Building
  • Entry on the 4th floor

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Community Details

  • 16 Units
  • 22 Mercer Condos
  • Soho Subdivision
  • 5-Story Property

Listing and Financial Details

  • Tax Block 00231

Property Details

Home Type

Condominium

Est. Annual Taxes

$36,000

Year Built

Built in 1860 | Newly Remodeled

Lot Details

0

HOA Fees

$3,200 per month

Listing Details

  • Cross Street: HOWARD STREET and GRAND STREET
  • Exposures: East,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Soho
  • Architectural Style: Prewar
  • Entry Level: 4
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 2500.0
  • Living Area Units: Square Feet

Beds/Baths

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

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 3200.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: Yes
  • Building Name: 22 MERCER
  • Units: 16
  • Total Stories: 5
  • Year Built: 1860

Tax Info

  • Tax Block: 00231
  • Tax Annual: 36000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2022
Closed on
Jul 28, 2022
Sold by
Fmi Us Properties Ltd
Bought by
Cotton Ball Investments Inc
Seller's Agent
Lydia Sussek
Douglas Elliman Real Estate
List Price
$5,250,000
Sold Price
$5,150,000
Premium/Discount to List
-$100,000
-1.9%
Current Estimated Value
$4,645,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$504,700
Avg. Annual Appreciation
-3.01%

Purchase Details

Listed on
Sep 17, 2018
Closed on
Dec 26, 2018
Sold by
Robert L Rosner Family Trust and Rosner
Bought by
Fmi Us Properties Ltd
List Price
$4,795,000
Sold Price
$4,500,000
Premium/Discount to List
-$295,000
-6.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.82%

Purchase Details

Listed on
Sep 2, 2015
Closed on
Mar 16, 2016
Sold by
Wurtz Amanda and Wurtz Douglas M
Bought by
Robert L Rosner Family Trust and Rosner As Trustee Cecile C
Seller's Agent
Brett Miles
Brown Harris Stevens Residential Sales LLC
List Price
$4,750,000
Sold Price
$4,440,000
Premium/Discount to List
-$310,000
-6.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.49%

Purchase Details

Closed on
Apr 26, 2013
Sold by
Wurtz Douglas M
Bought by
Wurtz Amanda and Wurtz Douglas M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,500
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2008
Sold by
2 Mercer Street Llc and % Property Markets Group
Bought by
Wurtz Douglas M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,662,500
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Cotton Ball Investments Inc $5,150,000 --
Fmi Us Properties Ltd $4,500,000 --
Robert L Rosner Family Trust $4,440,000 --
Wurtz Amanda -- --
Wurtz Amanda -- --
Wurtz Douglas M $3,550,000 --
Wurtz Douglas M $3,550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wurtz Amanda $212,500
Previous Owner Wurtz Douglas M $2,662,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/28/2022 07/28/22 Sold $5,150,000 -1.9% $2,060 / Sq Ft
04/08/2022 04/08/22 For Sale $5,250,000 +16.7% $2,100 / Sq Ft
12/21/2018 12/21/18 Sold $4,500,000 -6.2% $1,881 / Sq Ft View Prior Sale
11/21/2018 11/21/18 Pending -- -- --
09/18/2018 09/18/18 For Sale $4,795,000 +8.0% $2,005 / Sq Ft
03/16/2016 03/16/16 Sold $4,440,000 -6.5% $1,856 / Sq Ft View Prior Sale
02/15/2016 02/15/16 Pending -- -- --
09/04/2015 09/04/15 For Sale $4,750,000 0.0% $1,986 / Sq Ft
07/01/2014 07/01/14 Rented -- -- --
06/01/2014 06/01/14 Under Contract -- -- --
05/18/2014 05/18/14 For Rent $15,000 -- --
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 $37,116 $303,268 $35,572 $267,696
2024 $37,116 $296,880 $35,572 $261,308
2023 $36,111 $294,377 $35,572 $258,805
2022 $35,621 $291,140 $35,572 $255,568
2021 $35,714 $291,139 $35,572 $255,567
2020 $37,149 $322,457 $35,572 $286,885
2019 $35,782 $315,207 $35,572 $279,635
2018 $33,484 $304,526 $35,571 $268,955
2017 $30,580 $278,186 $35,571 $242,615
2016 $27,728 $268,786 $35,571 $233,215
2015 $13,614 $251,847 $35,572 $216,275
2014 $13,614 $212,940 $35,571 $177,369
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10786211

Real Estate Board of New York (REBNY)

APN: 0231-1013