Seller's Agent in 2025
Nick Gavin
Compass
(646) 610-3055
7 in this area
111 Total Sales
SOLD SEP 19, 2014
RENTED JUN 3, 2025
40 Mercer St Unit 30 New York, NY 10013
SoHo Neighborhood
4
Beds
3.5
Baths
3,006
Sq Ft
$5,751/mo
HOA Fee
Highlights
- Terrace
- 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 September 2014This penthouse -- clearly the crown jewel of starchitect Jean Nouvel's SoHo masterpiece at 40 Mercer -- presents one with over 4500 square feet of grand living space, 1500 of which is allocated to the carefully crafted wrap-around terrace and 3000 of which is apportioned to the generous interior. Set against the backdrop of historic, landmarked SoHo, the terrace features a private fresh-water pool and lavish landscaping of pristine hedges, shrubbery, perennials and a collection of trees so vibrant, any lover of the outdoors, fresh air, and sweeping vistas will be sure to appreciate it. Awash in light, which streams through every inch of the 12'+ floor to ceiling windows, the apartment is imbued with a sense of universal, open-ended tranquility and warmth. A 20' sliding glass wall thoroughly transforms the living and dining spaces, allowing one to seamlessly experience the exquisite exterior and iconic interior, and vice versa. Additionally, automatic blackout shades and UV protected windows ensure the serenity of every evening event. Designed by Bulthaup, the 5-star chef's kitchen is outfitted with twin sinks and dueling gas / induction cooking methods, enabling both the culinary auteur and the amateur alike to prepare whatever they may, whether that be French cuisine or home-style casseroles.The master suite features pass-through closets, dressing room, and an en suite lavatory with immaculate Thassos marble, double sinks, free-standing shower, and separate soaking tub.Wired for sound throughout, this 3 bedroom - 3 bathroom - 1 powder room home is on the cusp of all things modern and majestic. The home office serves as a pleasant hideaway, and the keyed elevator guarantees convenient yet private access to one's most important asset, their home. 40 Mercer is a 15 story, 41 unit full service condominium built in 2006. Amenities include a 24-hour doorman, concierge, underground parking, pool, sauna, steam room, jacuzzi, gymnasium, landscaped courtyard, and a rooftop terrace. Truly the most exclusive address downtown and an offering unlike any other, this magnificent trophy penthouse is not to be missed.
Last Agent to Sell the Property
Douglas Elliman Real Estate License #10301206888 Listed on: 05/21/2014
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $38,832
Year Built
- Built in 2005
HOA Fees
- $5,751 Monthly HOA Fees
Parking
- Garage
Home Design
- 3,006 Sq Ft Home
- Entry on the 7th floor
Bedrooms and Bathrooms
- 4 Bedrooms
Additional Features
- Terrace
- No Cooling
Community Details
- 41 Units
- 40 Mercer Residences Condos
- Soho Subdivision
- 14-Story Property
Listing and Financial Details
- Tax Block 474
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 21, 2014
Closed on
Sep 19, 2014
Sold by
Unit 30 Llc
Bought by
Lazandra Llc
Seller's Agent
Fredrik Eklund
Douglas Elliman Real Estate
List Price
$13,995,000
Sold Price
$12,390,000
Premium/Discount to List
-$1,605,000
-11.47%
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
-$5,443,000
Avg. Annual Appreciation
-5.73%
Purchase Details
Closed on
Jun 12, 2007
Sold by
Wxiv/Broadway Grand Realty Llc and Wxv/Broadway Grand Realty Llc
Bought by
Unit 30 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,800,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $12,390,000 | -- | |
| Deed | $12,390,000 | -- | |
| Deed | $9,750,000 | -- | |
| Deed | $9,750,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $7,800,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/03/2025 06/03/25 | Rented | $60,000 | 0.0% | -- |
| 04/14/2025 04/14/25 | Under Contract | -- | -- | -- |
| 11/05/2024 11/05/24 | For Rent | $60,000 | +33.3% | -- |
| 07/07/2021 07/07/21 | For Rent | $45,000 | -99.6% | -- |
| 07/07/2021 07/07/21 | Rented | -- | -- | -- |
| 09/19/2014 09/19/14 | Sold | $12,390,000 | -11.5% | $4,122 / Sq Ft |
| 08/20/2014 08/20/14 | Pending | -- | -- | -- |
| 05/23/2014 05/23/14 | For Sale | $13,995,000 | -- | $4,656 / 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 | $88,583 | $712,022 | $50,435 | $661,587 |
| 2024 | $88,583 | $708,550 | $50,435 | $658,115 |
| 2023 | $86,108 | $701,949 | $50,435 | $651,514 |
| 2022 | $83,812 | $696,109 | $50,435 | $645,674 |
| 2021 | $81,173 | $661,720 | $50,435 | $611,285 |
| 2020 | $81,757 | $732,601 | $50,435 | $682,166 |
| 2019 | $78,841 | $716,128 | $50,435 | $665,693 |
| 2018 | $78,270 | $691,108 | $50,434 | $640,674 |
| 2017 | $59,723 | $665,675 | $50,435 | $615,240 |
| 2016 | $56,400 | $591,562 | $50,434 | $541,128 |
| 2015 | $12,745 | $580,869 | $50,435 | $530,434 |
| 2014 | $12,745 | $547,694 | $50,435 | $497,259 |
Source: Public Records
Agents Affiliated with this Home
-
Nick Gavin
-
Ugo Russino
Seller Co-Listing Agent in 2025
Ugo Russino
Compass
(347) 701-9969
5 in this area
52 Total Sales
-
Arie Abadi
Seller's Agent in 2021
Arie Abadi
AA Management NYC LLC
(212) 952-0800
9 Total Sales
-
Fredrik Eklund
Seller's Agent in 2014
Fredrik Eklund
Douglas Elliman Real Estate
(206) 423-9055
12 in this area
442 Total Sales
-
John Gomes
Seller Co-Listing Agent in 2014
John Gomes
Douglas Elliman Real Estate
(212) 727-6178
3 in this area
325 Total Sales
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10408791
APN: 0474-1529
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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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