NOT LISTED FOR SALE

40 Mercer St Unit 24 New York, NY 10013

SoHo Neighborhood

Estimated Value: $2,613,062 - $4,046,000

1 Bed
1.5 Baths
1,222 Sq Ft
2005 Built

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
  • South Facing Home

About This Home

As of October 2020

Have all the amenities of a 5-star hotel in this stunning full-service luxury building at celebrity favorite Soho building 40 Mercer Street.

One of the premier lines in the building, apartment #24 is located on the sixth floor and features a southern exposure and enviable Soho views.

This residence is luxurious, posh, and stunning. Floor-to-ceiling windows with motorized privacy shades throughout draw in large amounts of natural light, filling up airy spaces with high 12 foot ceilings.

Kitchens and bathrooms feature a cubist combination of wood and marble and steel with an industrial-inspired design.

The well-proportioned master suite offers a southern exposure and features a dressing room, master bathroom with marble radiant-heated floors, soaking tub and separate shower.

Hotelier André Balazs (The Mercer, Chateau Marmont) has created a masterful M40 club for the residents with an indoor 50' T-shape lap pool, a fully equipped fitness center, steam room, sauna, and Jacuzzi. There's a courtyard, and rooftop terrace, all of which are perfect for relaxing and are shielded from the hectic nature of New York City. In addition, there is both 24-hour doorman and concierge service, adding a personal touch to this already unique condominium.With all of this and an address in one of Manhattan's most desirable neighborhoods, it's no wonder that 40 Mercer will always stand out in Manhattan condo scene.

Last Agent to Rent the Property

Holly Parker

Compass License #30PA0869832 Listed on: 08/25/2020

Compass

Co-Listed By

Jamie Gagliano

Corcoran Group License #10401257389

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $32,550

Year Built

  • Built in 2005

Parking

  • Garage

Home Design

  • 1,222 Sq Ft Home
  • Entry on the 6th floor

Bedrooms and Bathrooms

  • 1 Bedroom

Additional Features

  • South Facing Home
  • No Cooling

Community Details

  • 41 Units
  • 40 Mercer Residences Condos
  • Soho Subdivision
  • 14-Story Property

Listing and Financial Details

  • Property Available on 10/15/20
  • Tax Block 474

Condo Details

Home Type

Condominium

Est. Annual Taxes

$32,550

Year Built

Built in 2005

Lot Details

0

Rental Info

  • Available Date: 2020-10-15

Listing Details

  • Cross Street: Broome & Grand Streets
  • Exposures: South
  • Property SubType: Loft
  • Property Type: Residential Lease
  • Neighborhood: SOHO
  • Architectural Style: Loft
  • Entry Level: 6
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 14

Interior Features

  • Living Area: 1222.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

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

Garage/Parking

  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Common Interest: Condominium

Building Info

  • New Construction: No
  • Building Name: 40 Mercer Residences
  • Units: 41
  • Total Stories: 14
  • Year Built: 2005

Tax Info

  • Tax Block: 474

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2013
Sold by
Anuket Realty Llc
Bought by
Liu Chung Wei
Current Estimated Value
$3,504,516

Purchase Details

Closed on
May 23, 2007
Sold by
Wxiv/Broadway Grand Realty Llc and Wxvi/Broadway Grand Realty Llc
Bought by
Anuket Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,268,717
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
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
Liu Chung Wei $3,020,000 --
Liu Chung Wei $3,020,000 --
Anuket Realty Llc $2,625,000 --
Anuket Realty Llc $2,625,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Anuket Realty Llc $2,268,717
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2020 10/27/20 Under Contract -- -- --
10/27/2020 10/27/20 Rented -- -- --
08/25/2020 08/25/20 For Rent $10,500 -4.5% --
05/08/2018 05/08/18 Rented -- -- --
04/08/2018 04/08/18 Under Contract -- -- --
12/05/2017 12/05/17 For Rent $11,000 -- --
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 $32,550 $261,637 $18,535 $243,102
2024 $32,550 $260,362 $18,535 $241,827
2023 $31,641 $257,936 $18,535 $239,401
2022 $30,797 $255,791 $18,535 $237,256
2021 $29,828 $243,155 $18,535 $224,620
2020 $30,042 $269,200 $18,535 $250,665
2019 $28,971 $263,147 $18,535 $244,612
2018 $28,761 $253,953 $18,535 $235,418
2017 $21,945 $244,607 $18,534 $226,073
2016 $20,724 $217,374 $18,534 $198,840
2015 $7,025 $213,445 $18,535 $194,910
2014 $7,025 $201,253 $18,535 $182,718
Source: Public Records

Agents Affiliated with this Home

  • Holly Parker

    Landlord's Agent in 2020

    Holly Parker

    Compass

    (917) 587-7288

    2 in this area

    126 Total Sales

    Holly Parker
    Section Image
  • Jamie Gagliano

    Landlord's Co-Listing Agent in 2020

    Jamie Gagliano

    Corcoran Group

    (917) 855-9224

    23 Total Sales

    Jamie Gagliano
    Section Image
  • Timothy Hsu

    Seller's Agent in 2018

    Timothy Hsu

    Douglas Elliman Real Estate

    (917) 558-7294

    28 Total Sales

    Timothy Hsu
    Section Image
  • Janice Chang

    Seller Co-Listing Agent in 2018

    Janice Chang

    Douglas Elliman Real Estate

    (212) 362-9600

    64 Total Sales

    Janice Chang
    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10661753

Real Estate Board of New York (REBNY)

APN: 0474-1523

New York New York County New York 10013 SoHo

40 Mercer St Unit 24, New York, NY

This home is located at 40 Mercer St Unit 24, New York, NY 10013 since 25 August 2020 and is currently priced at $3,504,516. This property was built in 2005. 40 Mercer St Unit 24 is a home located in New York County with nearby schools including P.S. 3 Charrette School, Middle School 297, and Lower Manhattan Community Middle School.

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Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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