NOT LISTED FOR SALE

25 Mercer St Unit 3 New York, NY 10013

SoHo Neighborhood

Estimated Value: $5,926,000 - $7,107,000

3 Beds
4 Baths
2,908 Sq Ft
$1,871/mo HOA Fee

Last Sold April 20, 2017

Last sale price $8,150,000 $2,803 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $42,469/month

348 Days on Market

Highlights

  • Newly Remodeled
  • 2-minute walk to Canal Street (N,Q,R Line)
  • Pre War Building
  • P.S. 3 Charrette School Rated A

About This Home

As of April 2017

BE A PART OF SOHO.

OWN A PIECE OF HISTORY.

Every detail of the lofts at 25 Mercer has been lovingly refurbished, from the cast iron columns & exposed beams to the light filled windows. These features, combined with luxurious finishes, custom fixtures and soaring ceilings, reimagine Manhattan loft living for the 21st century.

Loft 3 possesses 2,900 s.f. of interior space, 3 bedrooms, 3 bathrooms, 1 powder room, and ceilings up to 12'.

The apartment has wide white oak hardwood floors, imported natural stone, and marble throughout. The keyed elevator opens up to the unit's own private foyer, from which point one accesses the Great Room, Dining Room, and Kitchen. This large area has four massive East facing restored loft windows and integrated gas fireplace, whereas the Kitchen is outfitted with Gaggenau appliances, custom cabinetry, and a Dornbracht faucet.

The Master Bedroom possesses two large West facing loft windows and two exceptional walk-in closets. The en-suite Master Bath has Vola faucets, a Toto commode, free-standing soaking tub, book-matched marble, and heated floors / towel rails.

In the Second and Third Bathrooms, which are en-suite, one finds Vola faucets, heated floors, and integrated lighting; the Powder Room has the same, with the addition of an imported marble vanity.

Some of the unit's other features include a 24-7 Virtual doorman, central AC with controls for each room, new dedicated boiler & mechanicals, and a utility room with washer and dryer. The apartment's tech can be digitally controlled by iPad, iPhone, or other mobile.

Built in 1867, 25 Mercer represents the architectural beauty of New York's elegant Gilded Age. Five exclusive residences, ranging from a townhouse, to lofts, to a penthouse, offer a modern interpretation of the classic Soho loft building, balancing perfectly restored cast iron detailing with sophisticated modern design. Close to dining, cafes, fashion, parks & play, retail, and arts & culture, this building within the fabled SoHo Cast Iron Historic District is one of the most desirable locations.

Last Agent to Sell the Property

John Gomes

Douglas Elliman Real Estate License #30GO1052483 Listed on: 04/05/2016

Douglas Elliman Real Estate

Co-Listed By

Fredrik Eklund

Douglas Elliman Real Estate License #10301206888

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $43,416

Year Built

  • Built in 1867 | Newly Remodeled

Lot Details

  • 6,186

HOA Fees

  • $1,871 Monthly HOA Fees

Home Design

  • 2,908 Sq Ft Home
  • Pre War Building
  • Entry on the 99th floor

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Utilities

  • No Cooling

Community Details

  • Soho Subdivision
  • 5-Story Property

Listing and Financial Details

  • Tax Block 230

Property Details

Home Type

Condominium

Est. Annual Taxes

$43,416

Year Built

Built in 1867 | Newly Remodeled

Lot Details

0

HOA Fees

$1,871 per month

Listing Details

  • Cross Street: Canal/Grand
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: SOHO
  • Architectural Style: Prewar
  • Entry Level: 99
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Living Area: 2908.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6

Beds/Baths

  • Bathrooms Integer: 4
  • Bedrooms: 3

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1871.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: Yes
  • Total Stories: 5
  • Year Built: 1867

Tax Info

  • Tax Block: 230
  • Tax Annual: 43416.0

Range of Values:

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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

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2017 04/20/17 Sold $8,150,000 -1.2% $2,803 / Sq Ft
03/21/2017 03/21/17 Pending -- -- --
04/06/2016 04/06/16 For Sale $8,250,000 -- $2,837 / 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 $74,542 $596,243 $62,111 $534,132
2024 $74,542 $596,243 $73,098 $529,992
2023 $67,723 $586,310 $70,137 $516,173
2022 $71,652 $647,989 $73,098 $574,891
2021 $71,874 $647,989 $73,098 $574,891
2020 $67,667 $629,142 $73,098 $556,044
2019 $63,353 $584,466 $73,098 $511,368
2018 $59,158 $465,114 $69,802 $395,312
2017 $43,749 $430,662 $73,098 $357,564
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10080811

Real Estate Board of New York (REBNY)

APN: 0230-1403