$7,850,000

40 Mercer St Unit 26 New York, NY 10013

SoHo Neighborhood

Estimated payment $54,281/month

Total Views 13,905
3 Beds
4 Baths
2,370 Sq Ft
$3,312 Price per Sq Ft

Highlights

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

About This Home

INVESTORS ONLY-tenant in place for 1 year.

An enviable living destination for the most discerning, Apartment 26 at Soho's exclusive modern masterpiece, 40 Mercer Street, offers the utmost privacy, luxuriousness and discretion for its privileged resident. From the attentive staff and incomparable amenities, to the distinctiveness of its design by renowned architect Jean Nouvel and hotelier extraordinaire Andre Balasz, this loft-like corner showplace exudes sophistication in every detail.

Truly a work-of-art, with 3 bedrooms, 3 and a half spa baths, elegant wood floors, voluminous ceilings, walls of huge windows overlooking Soho's grandest architecture, sun-flooded living and entertaining spaces, and the finest appointments imaginable. Eastern and southern exposures brighten the expansive living/dining room, divine for lavish gatherings, seamlessly served by a top-of-the-line kitchen, adorned to impress the discriminating chef. The primary bedroom is a relaxing retreat with massive windows, and a magnificent en-suite bath with an indulgent soaking tub.

Standing 14 striking stories at the coveted core of Soho, where quiet and convenience meet, the white-glove 40 Mercer is a testament of historic stature and contemporary allure. Set on a charming cobblestoned street, Soho's most prestigious building welcomes you into a discreet entrance and provides rarely-available underground parking with direct access to secure residential elevators. Also at your disposal is 24-hour hotel-style concierge service, a world-class fitness center, Carrera marble swimming pool, spa with sauna, steam and Jacuzzi, landscaped terrace, courtyard, and wonderful rooftop terrace. Outside your door is an array of upscale boutiques and restaurants that complete the glamorous picture of downtown city life.

Listing Agent

Brett Miles

Brown Harris Stevens Residential Sales LLC License #10301215233 Listed on: 09/23/2024

Brown Harris Stevens Residential Sales LLC

Co-Listing Agent

Robin Lyon-Gardiner

Brown Harris Stevens Residential Sales LLC License #10301201821

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $63,130

Year Built

  • Built in 2007

HOA Fees

  • $6,040 Monthly HOA Fees

Parking

  • Garage

Interior Spaces

  • 2,370 Sq Ft Home
  • River Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer Dryer Allowed

Additional Features

  • Indoor Pool
  • Central Air

Listing and Financial Details

  • Tax Block 00474

Community Details

Overview

  • 41 Units
  • High-Rise Condominium
  • 40 Mercer Street Condos
  • Soho Subdivision
  • 11-Story Property

Amenities

  • Concierge
  • Rooftop Deck
  • Courtyard
  • Steam Room
  • Sauna
  • Children's Playroom

Property Details

Home Type

Condominium

Est. Annual Taxes

$63,130

Year Built

Built in 2007

Lot Details

0

HOA Fees

$6,040 per month

Listing Details

  • Exposures: East,North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: SoHo
  • Entry Level: 26
  • Structure Type: High Rise
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 14

Interior Features

  • Interior Features: Separate/Formal Dining Room
  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area: 2370.0
  • Living Area Units: Square Feet
  • Rooms (Total): 7
  • Basement: No
  • Basement: Other

Beds/Baths

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

Exterior Features

  • View: River
  • View: Yes
  • Exterior Features: Building Courtyard, Building Roof Deck, None, Private Outdoor Space Under 60 Sqft
  • Patio/Porch Features: None

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building None, In Unit
  • Green Building Features: Common Playroom, Concierge, Indoor Pool, Sauna, Steam Room
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 6040.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Zoning Description: M1-5B

Building Info

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

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 00474
  • Tax Lot: 0000

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $63,130 $507,436 $35,944 $471,492
2024 $63,130 $504,961 $35,944 $469,017
2023 $61,367 $500,257 $35,944 $464,313
2022 $59,730 $496,095 $35,944 $460,151
2021 $57,850 $471,588 $35,944 $435,644
2020 $57,647 $522,102 $35,944 $486,158
2019 $56,187 $510,363 $35,944 $474,419
2018 $55,780 $492,531 $35,943 $456,588
2017 $42,562 $474,406 $35,944 $438,462
2016 $40,194 $421,588 $35,943 $385,645
2015 $9,083 $413,967 $35,944 $378,023
2014 $9,083 $390,324 $35,944 $354,380
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2024 09/23/24 For Sale $7,850,000 0.0% $3,312 / Sq Ft
02/28/2023 02/28/23 Rented $24,500 0.0% --
01/14/2023 01/14/23 Price Changed $24,500 -5.8% $10 / Sq Ft
09/21/2022 09/21/22 For Rent $26,000 +15.6% --
06/22/2021 06/22/21 Rented -- -- --
05/23/2021 05/23/21 Under Contract -- -- --
04/05/2021 04/05/21 For Rent $22,500 -25.0% --
10/03/2016 10/03/16 Rented -- -- --
09/03/2016 09/03/16 Under Contract -- -- --
03/17/2016 03/17/16 For Rent $30,000 0.0% --
03/07/2016 03/07/16 Sold $7,050,000 -7.8% $2,975 / Sq Ft
02/06/2016 02/06/16 Pending -- -- --
02/10/2015 02/10/15 For Sale $7,650,000 -- $3,228 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Purchase History

Date Type Sale Price Title Company
Deed $7,050,000 --
Deed -- --
Deed -- --
Deed $4,989,425 --
Deed $4,989,425 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $4,400,000 Purchase Money Mortgage
Closed $4,400,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS11011214

Real Estate Board of New York (REBNY)

APN: 0474-1525