NOT LISTED FOR SALE

40 Mercer St Unit 21 New York, NY 10013

SoHo Neighborhood

Estimated Value: $3,875,496 - $4,449,000

2 Beds
2.5 Baths
1,745 Sq Ft
2006 Built

Last Sold February 17, 2022

Last sale price $3,935,000 $2,255 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $26,106/month

Highlights

  • Rooftop Deck
  • 3-minute walk to Canal Street (N,Q,R Line)
  • 5-minute walk to Duarte Square
  • P.S. 3 Charrette School Rated A
  • Garage

About This Home

As of May 2022

New Price!
$16,500 pr month rent for 24 months (renewable).

Abundant designer touches and premier amenities, this magnificent split two-bedroom, two-and-a-half-bathroom condominium is SoHo-living at its finest. The 1,745-square-foot showplace with a gracious entry gallery complete with large walk-in closet and powder room. Deep-stained flooring, 11-foot ceilings and wide walls are featured in the oversized great room, where you'll have plenty of space for generous living and dining areas. The partially open kitchen has an abundant amount of cabinetry made of Italian walnut and Tanganyika woods topped by snow-white Caesarstone, creating clean lines that complement the top-of-the-line appliances by Miele, Gaggenau and Sub-Zero, including a gas range, wine cooler and below-counter microwave. The serene master bedroom is wrapped with north- and east-facing windows that extend to the oversized walk-in closet. In the fantastic a suite bathroom, a Starphire glass vanity custom designed by Nouvel himself with the six-foot Jacuzzi tub and separate glass shower, chic Lefroy Brooks fixtures. The second bedroom includes a large home office alcove and a well-appointed a suite bathroom with large tub shower and fine finishes. The in-unit washer-dryer, central air and UV-treated windows add convenience and comfort to this gorgeous SoHo retreat.40 Mercer is a chic expression of modern elegance from hotelier Andre Balazs and Pritzker Prize-winning architect Jean Nouvel. Lucky residents enjoy a 24-hour doorman and concierge service; discreet on-site underground parking; a fitness center with a pool, sauna, steam room and Jacuzzi; a beautifully landscaped courtyard and breathtaking rooftop terrace. Positioned at the heart of the world-class dining, shopping and nightlife that epitomize refined living in exciting SoHo. Access to transportation is unbeatable with N/Q/R/W, J/Z, 6, A/C/E trains all nearby.
No Pets and No Smoking. It takes 4 weeks to get a board approval.

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2006

Parking

  • Garage

Home Design

  • 1,745 Sq Ft Home
  • Entry on the 5th floor

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Property Available on 2/18/22
  • Legal Lot and Block 7506 / 474

Community Details

Overview

  • Soho Subdivision
  • 14-Story Property

Amenities

  • Rooftop Deck
  • Community Garden

Condo Details

Home Type

Condominium

Year Built

Built in 2006

Lot Details

0

Rental Info

  • Available Date: 2022-02-18

Listing Details

  • Cross Street: Grand Street/Broome Street
  • Exposures: East,North
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Soho
  • Entry Level: 5
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 14

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 1745.0
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Exterior Features: Building Garden, Building Roof Deck

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: Other

Condo/Co-op/Association

  • Common Interest: Condominium

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 14
  • Year Built: 2006

Tax Info

  • Tax Block: 474
  • Tax Lot: 7506

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2021
Closed on
Feb 17, 2022
Sold by
Soho Mercer Unit 21 Llc
Bought by
Kabushikigaisha Greenhotel
Seller's Agent
Steven Gold
Corcoran Group
List Price
$3,998,000
Sold Price
$3,935,000
Premium/Discount to List
-$63,000
-1.58%
Current Estimated Value
$4,237,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$302,874
Avg. Annual Appreciation
1.97%

Purchase Details

Closed on
Apr 18, 2012
Sold by
Eberle Todd and Pandiscio Richard
Bought by
Soho Mercer Unit 21 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Interest Rate
4.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 4, 2007
Sold by
Wxiv/Broadway Grand Realty Llc
Bought by
Eberle Todd and Pandiscio Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,585,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Kabushikigaisha Greenhotel $3,935,000 --
Soho Mercer Unit 21 Llc $3,500,000 --
Soho Mercer Unit 21 Llc $3,500,000 --
Eberle Todd $2,650,000 --
Eberle Todd $2,650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Soho Mercer Unit 21 Llc $1,750,000
Previous Owner Eberle Todd $1,585,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/25/2022 05/25/22 Rented $18,000 0.0% --
02/17/2022 02/17/22 Sold $3,935,000 -1.6% $2,255 / Sq Ft View Prior Sale
10/06/2021 10/06/21 For Sale $3,998,000 0.0% $2,291 / Sq Ft
07/04/2019 07/04/19 For Rent -- -- --
07/02/2019 07/02/19 For Rent $18,000 0.0% --
07/02/2019 07/02/19 Rented -- -- --
04/10/2018 04/10/18 Rented -- -- --
03/11/2018 03/11/18 Under Contract -- -- --
11/07/2017 11/07/17 For Rent $18,000 -- --
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 $46,562 $374,260 $26,514 $347,746
2024 $46,562 $372,435 $26,514 $345,921
2023 $46,128 $368,965 $26,514 $342,451
2022 $44,054 $365,895 $26,514 $339,381
2021 $42,667 $347,820 $26,514 $321,306
2020 $42,517 $385,076 $26,514 $358,562
2019 $41,441 $376,418 $26,514 $349,904
2018 $41,141 $363,267 $26,514 $336,753
2017 $31,392 $349,898 $26,513 $323,385
2016 $29,645 $310,943 $26,513 $284,430
2015 $6,699 $305,322 $26,514 $278,808
2014 $6,699 $287,881 $26,514 $261,367
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10773006

Real Estate Board of New York (REBNY)

APN: 0474-1520