NOT LISTED FOR SALE

40 Mercer St Unit 22 New York, NY 10013

SoHo Neighborhood

Estimated Value: $3,945,000 - $4,217,000

2 Beds
2 Baths
1,649 Sq Ft
$3,665/mo HOA Fee

Last Sold July 18, 2023

Last sale price $3,815,000 $2,314 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $28,700/month

106 Days on Market

Highlights

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

About This Home

As of July 2023

Move right in to Residence 22 in Soho's Andre Balazs-created and Jean Nouvel-designed glass box, 40 Mercer. This is where modern luxury coincides with complete privacy and elegance. This 2 bedroom, 2 bath, 1,649 square foot home, situated on the 6th floor, boasts oversized, floor-to-ceiling triple paned-windows and high-end designer furnishings by Stef-Albert Studios. The great room with open kitchen is western facing onto Mercer Street with dramatic 12' ceilings and iconic Soho views. Kitchen features Gaggenau stove, microwave, Miele dishwasher, Subzero fridge, wine fridge and garbage disposal. The two bedrooms are off the main hall with luxurious en-suite Thassos marble baths complete with the highest end finishes and fittings.

40 Mercer is a stunning 14-story glass building completed in 2007, with only 40 units. It has 24-hour doormen, concierge, on-site super, rare underground parking, lap pool, sauna, steam and jacuzzi, private spa room, world-class fitness center, landscaped courtyard and 7th floor terrace.

Last Agent to Sell the Property

Carolyn Weiner-Trapness

Brown Harris Stevens Residential Sales LLC License #10401297089 Listed on: 03/15/2023

Brown Harris Stevens Residential Sales LLC

Co-Listed By

Ileen Schoenfeld

Brown Harris Stevens Residential Sales LLC License #30SC0489975

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $42,696

Year Built

  • Built in 2007

HOA Fees

  • $3,665 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 1,649 Sq Ft Home
  • Entry on the 22nd floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Washer Dryer Allowed

Community Details

  • 40 Units
  • 40 Mercer Street Condos
  • Soho Subdivision
  • 14-Story Property

Listing and Financial Details

  • Tax Block 00474

Property Details

Home Type

Condominium

Est. Annual Taxes

$42,696

Year Built

Built in 2007

Lot Details

0

HOA Fees

$3,665 per month

Listing Details

  • Cross Street: GRAND STREET and BROOME STREET
  • Exposures: North,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Soho
  • Entry Level: 22
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 14

Interior Features

  • Appliances: Washer Dryer Allowed
  • Living Area: 1649.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 3665.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: 40 Mercer Street
  • Units: 40
  • Total Stories: 14
  • Year Built: 2007

Tax Info

  • Tax Block: 00474
  • Tax Annual: 42696.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2023
Closed on
Jul 18, 2023
Sold by
Horn Joey S and Horn Ragnar
Bought by
Rokos Christopher Charles
Seller's Agent
Carolyn Weiner-Trapness
Brown Harris Stevens Residential Sales LLC
List Price
$4,195,000
Sold Price
$3,815,000
Premium/Discount to List
-$380,000
-9.06%
Views
109
Current Estimated Value
$4,043,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,622
Avg. Annual Appreciation
2.62%

Purchase Details

Closed on
Apr 4, 2007
Sold by
Wxiv/Broadway Grand Realty Llc
Bought by
Horn Joey S and Horn Ragnar
Source: Public Records

Range of Values:

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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
Rokos Christopher Charles $3,815,000 --
Horn Joey S $3,375,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2023 07/18/23 Sold $3,815,000 -0.9% $2,314 / Sq Ft
06/30/2023 06/30/23 Pending -- -- --
06/22/2023 06/22/23 Off Market $3,850,000 -- --
03/29/2023 03/29/23 Price Changed $3,850,000 -8.2% $2,335 / Sq Ft
03/15/2023 03/15/23 For Sale $4,195,000 0.0% $2,544 / Sq Ft
04/22/2021 04/22/21 Rented -- -- --
03/23/2021 03/23/21 Under Contract -- -- --
01/14/2021 01/14/21 For Rent $14,000 -22.2% --
05/17/2019 05/17/19 Rented -- -- --
04/17/2019 04/17/19 Under Contract -- -- --
03/19/2019 03/19/19 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 $43,925 $353,066 $25,009 $328,057
2024 $43,925 $351,344 $25,009 $326,335
2023 $42,698 $348,071 $25,009 $323,062
2022 $41,454 $345,176 $25,009 $320,167
2021 $40,251 $328,125 $25,009 $303,116
2020 $40,541 $363,271 $25,009 $338,262
2019 $39,095 $355,104 $25,009 $330,095
2018 $38,811 $342,697 $25,009 $317,688
2017 $29,614 $330,085 $25,008 $305,077
2016 $27,966 $293,335 $25,009 $268,326
2015 $9,480 $288,032 $25,008 $263,024
2014 $9,480 $271,582 $25,009 $246,573
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10868849

Real Estate Board of New York (REBNY)

APN: 0474-1521