Landlord's Agent in 2023
Brett Miles
Brown Harris Stevens Residential Sales LLC
(917) 363-6756
2 in this area
20 Total Sales
40 Mercer St Unit 26 New York, NY 10013
SoHo NeighborhoodEstimated Value: $5,120,000 - $7,987,000
3
Beds
3.5
Baths
2,370
Sq Ft
2006
Built
Highlights
- Rooftop Deck
- 3-minute walk to Canal Street (N,Q,R Line)
- Entrance Foyer
- P.S. 3 Charrette School Rated A
- City View
- 5-minute walk to Duarte Square
About This Home
As of February 2023An 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 Sohos' 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 master 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.
Last Agent to Rent the Property
Brown Harris Stevens Residential Sales LLC License #10301215233 Listed on: 09/21/2022
Condo Details
Home Type
- Condominium
Year Built
- Built in 2006
Parking
- Garage
Home Design
- Entry on the 6th floor
Interior Spaces
- 2,370 Sq Ft Home
- Entrance Foyer
- City Views
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Utilities
- Central Air
Listing and Financial Details
- Property Available on 9/21/22
- Legal Lot and Block 7506 / 474
Community Details
Overview
- Soho Subdivision
- 14-Story Property
Amenities
- Rooftop Deck
- Community Garden
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 9, 2015
Closed on
Mar 7, 2016
Sold by
Zapparoli Elif Bilgi and Zapparoli Paolo
Bought by
Montevideo Investments Llc
Seller's Agent
Abigail Agranat
Douglas Elliman Real Estate
List Price
$7,650,000
Sold Price
$7,050,000
Premium/Discount to List
-$600,000
-7.84%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$477,618
Avg. Annual Appreciation
-0.72%
Original Mortgage
$4,400,000
Outstanding Balance
$3,471,669
Interest Rate
3.72%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,100,713
Purchase Details
Closed on
Feb 2, 2010
Sold by
Zapparoli Paolo
Bought by
Zapparoli Elif Bilgi and Zapparoli Paolo
Purchase Details
Closed on
Mar 28, 2007
Sold by
Wxiv/Broadway Grand Realty Llc
Bought by
Zapparoli Paolo
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Montevideo Investments Llc | $7,050,000 | -- | |
| Zapparoli Elif Bilgi | -- | -- | |
| Zapparoli Elif Bilgi | -- | -- | |
| Zapparoli Paolo | $4,989,425 | -- | |
| Zapparoli Paolo | $4,989,425 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Montevideo Investments Llc | $4,400,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 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 | View Prior Sale |
| 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)
Tax History Compared to Growth
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
Agents Affiliated with this Home
-
Brett Miles
-
Robin Lyon-Gardiner
Landlord's Co-Listing Agent in 2023
Robin Lyon-Gardiner
Brown Harris Stevens Residential Sales LLC
(917) 374-6333
1 in this area
14 Total Sales
-
Abigail Agranat
Seller's Agent in 2016
Abigail Agranat
Douglas Elliman Real Estate
(917) 304-5076
9 Total Sales
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10829635
APN: 0474-1525
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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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