NOT LISTED FOR SALE

22 Mercer St Unit PHC New York, NY 10013

SoHo Neighborhood

Estimated Value: $6,202,000 - $7,718,731

3 Beds
3.5 Baths
3,184 Sq Ft
$5,998/mo HOA Fee

Last Sold July 15, 2021

Last sale price $8,495,000 $2,668 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $52,299/month

76 Days on Market

Highlights

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

About This Home

As of July 2021

Penthouse C at 22 Mercer is an extraordinary three bedroom, three-and-one-half bathroom triplex loft masterpiece with 2 beautiful terraces, perched atop a rare full-service boutique Soho condo, elegantly converted from a 1866 printing house in 2008.

Penthouse C offers a luxurious synthesis of modern sophistication and classic Soho period detail, with grand scale proportions, soaring ceiling heights, wide-plank oak floors, open triple exposures overlooking quiet cobblestone Mercer Street, and stunning skyline views. This expansive space is elegant and turn-key, renovated with the finest materials, custom finishes, and state-of-the-art enhancements. The multi-level layout resembles a house, ideal for seamless indoor/outdoor entertaining and chic downtown living.

After entering the Penthouse on the 5th floor via fingerprint entry, you arrive into a lengthy windowed entry gallery with a rustic sliding barn door closet. Down the hall is the grand-proportioned Great Room with an open kitchen, formal dining, and living space. The kitchen is a chef's and entertainer's dream, boasting a vented dual-oven La Cornue six-burner stove, two 200-bottle Eurocave wine refrigerators, a beautiful custom hammered stainless steel island with brushed countertops and a Grohe sink with garbage disposal, dual dishwashers (Miele and Gaggenau), and a Subzero refrigerator. At 32 feet wide with 10 foot ceilings, the living room is substantial, featuring a custom Basalinta wood-burning fireplace, and a wall of oversize, arched windows facing West.

Also on this floor are two enormous bedrooms, each with luxuriously renovated en-suite bathrooms, finished with Asher Tile and Lefroy Brooks hardware. In the third bedroom, currently used as a guest room and office, there is a wall of gorgeous custom Mahogany built-in shelves, two sizable custom closets, as well as a retractable projector screen. A Nero Marquina-tiled powder room conveniently abuts the spectacular Great Room, across from the steel-reinforced floating wood staircase. A laundry and mechanical room completes this floor, with Asko washer and dryer, and a custom HAI smart home automation system.

Upstairs is the magnificent massive primary bedroom suite with 10 foot ceilings and a charming setback terrace; an oasis of luxurious enjoyment in and of itself. The west-facing wall of floor-to-ceiling windows slides open onto the stunning 400 square foot limestone terrace, privately enclosed with custom flower boxes with Japanese Maples and Boxwoods around the lounging area. A discreet outdoor shower rounds out the space. Back inside, the east-facing bathroom is the epitome of luxury and scale, boasting exquisite Statuary tile, Lefroy Brooks hardware in the spacious steam shower, heated floors, a deep soaking bathtub, double-vanity sinks, and a Toto toilet.

The 800 square foot roof deck is an outdoor entertaining dream! Resting on the 7th floor, above adjacent buildings, with sensational open skyline views, there is a custom-installed Viking grill with sink and a separate bar area with a Viking refrigerator. Outfitted tastefully with Arborvitae and Boxwoods with custom irrigation, there is space to seat open-air dining for ten, and two separate lounging areas. This space is extraordinary in all seasons.

Every detail in Penthouse C was thoughtfully considered, designed and executed by the venerable New York City-based Scarpidis Design architects, who also recently renovated the building's lobby. Details include: Lutron lighting system; custom HAI automation system with seamless remote access; custom security system with remote access, five security cameras, and fingerprint entry system; surround sound; 1.25 inch doors and Valli hardware; and gorgeous dark-stained, wide-plank, original oak hardwood floors throughout.

22 Mercer Street is situated perfectly within the historic Cast Iron Soho district, which evokes an old world connection to this neighborhood's storied artistic legacy and bohemian lifestyle, and offers close proximity to first-class galleries, design shops, luxury boutiques, and the finest downtown brasseries, including Raouls, Balthazar, and Cipriani. Penthouse C comes with a private storage unit in the basement.

Last Agent to Sell the Property

Shepard Skiff

Brown Harris Stevens Residential Sales LLC License #10301206941 Listed on: 01/04/2021

Brown Harris Stevens Residential Sales LLC

Co-Listed By

Paul Hyun

Compass License #10301209244

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $76,296

Year Built

  • Built in 1860

HOA Fees

  • $5,998 Monthly HOA Fees

Home Design

  • Pre War Building

Interior Spaces

  • 3,184 Sq Ft Home
  • Wood Burning Fireplace
  • New Windows
  • Den
  • City Views

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Terrace
  • 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

$76,296

Year Built

Built in 1860

Lot Details

0

HOA Fees

$5,998 per month

Listing Details

  • Cross Street: Grand Street/Howard Street
  • Exposures: East,South,West
  • Property SubType: Triplex
  • Property Type: Residential
  • Neighborhood: Soho
  • Architectural Style: Prewar
  • Entry Level: 5
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Interior Features: Dining Area, Den
  • Appliances: Dryer, Washer
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Living Area: 3184.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6
  • Dining Room Type: Den
  • Window Features: New Windows

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms Integer: 4
  • Bedrooms: 3

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Roof Deck
  • Patio/Porch Features: Terrace, Rooftop

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: 5998.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

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: 76296.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2021
Closed on
Jul 12, 2021
Sold by
Sihb Acquisitions Llc
Bought by
Eagle Doh Capital Llc
Seller's Agent
Shepard Skiff
Brown Harris Stevens Residential Sales LLC
List Price
$8,495,000
Sold Price
$8,495,000
Current Estimated Value
$7,196,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,298,067
Avg. Annual Appreciation
-4.49%
Original Mortgage
$5,000,000
Outstanding Balance
$4,606,806
Interest Rate
2.93%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,484,081

Purchase Details

Closed on
Mar 14, 2011
Sold by
Estate Of Andreas Oscarsson and Estate Of Andreas Oskarsson
Bought by
Sihb Acquisitions Llc

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
5.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 2007
Sold by
2 Mercer Street Llc
Bought by
Oskarsson Andreas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,395,000
Interest Rate
6.21%
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
Eagle Doh Capital Llc $7,650,000 --
Sihb Acquisitions Llc $5,684,141 --
Oskarsson Andreas $4,938,512 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eagle Doh Capital Llc $5,000,000
Previous Owner Sihb Acquisitions Llc $1,500,000
Previous Owner Oskarsson Andreas $3,395,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2021 07/15/21 Sold $8,495,000 0.0% $2,668 / Sq Ft
01/04/2021 01/04/21 For Sale $8,495,000 -- $2,668 / 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 $73,126 $584,918 $70,081 $514,837
2023 $71,147 $579,987 $70,081 $509,906
2022 $70,181 $573,606 $70,081 $503,525
2021 $70,364 $573,606 $70,081 $503,525
2020 $73,191 $635,308 $70,081 $565,227
2019 $70,497 $621,026 $70,081 $550,945
2018 $65,970 $599,982 $70,081 $529,901
2017 $60,250 $548,087 $70,081 $478,006
2016 $54,631 $529,567 $70,081 $459,486
2015 $14,737 $496,192 $70,081 $426,111
2014 $14,737 $419,541 $70,081 $349,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10689949

Real Estate Board of New York (REBNY)

APN: 0231-1016