NOT LISTED FOR SALE

40 Mercer St Unit 37 New York, NY 10013

SoHo Neighborhood

Estimated Value: $4,635,645 - $7,948,000

3 Beds
2.5 Baths
2,206 Sq Ft
$3,921/mo HOA Fee

Last Sold September 24, 2018

Last sale price $8,350,000 $3,785 Per Sq Ft

Est. 26% decrease in value since last sale

Current estimated payment $41,528/month

997 Days on Market

Highlights

  • City View
  • 3-minute walk to Canal Street (N,Q,R Line)
  • 5-minute walk to Duarte Square
  • P.S. 3 Charrette School Rated A
  • Cooling System Mounted In Outer Wall Opening

About This Home

As of September 2018

Perched high above all of downtown Manhattan, modern luxury and elegance are found throughout this stunning 2200+ SF corner lofty apartment. Currently laid out as two bedroom, this apartment can easily be converted to a Three bedroom two and one-half bathroom residence located in the most coveted condominium in SoHo. Enter by ascending to the eleventh floor via the east wing elevator and revel in the expansive breathtaking views of downtown Manhattan's striking skyline. The entrance and master bedroom suite have been thoughtfully and seamlessly customized by Annabelle Selldorf to include a foyer complete with floor to ceiling coat closet storage and in the master bedroom a beautiful south facing windowed dressing room. With 11' ceilings and grand proportions, the open living and dining room streams with sunlight from the southern and eastern exposures. A truly one-of-a kind technology allows the south window wall in the dining area to electronically slide open entirely to the outside and creates your very own loggia. A luxurious windowed master bath features Calcutta marble slab floors with timer-controlled radiant heat, dual vanity made of white oak and walnut, Starphire glass countertop accented by Lefroy Brooks fixtures, 6' soaking tub and separate glass enclosed shower. The second bedroom with en-suite bathroom is currently used as a den and features beautiful leather wrapped built-in cabinetry and shelving. The open kitchen includes Tanganika cabinetry, Gaggenau, Miele, and Subzero stainless steel appliances. Custom enhancements include a Niles sound system and electronic solar and blackout shades throughout. This wonderful home is truly turn-key and can be purchased with furniture.

Last Agent to Sell the Property

Charlie Attias

Compass License #30AT0975171 Listed on: 12/01/2015

Compass

Co-Listed By

David Attias

Sothebys International Realty License #40AT1123856

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $51,912

Year Built

  • Built in 2007

HOA Fees

  • $3,921 Monthly HOA Fees

Home Design

  • Entry on the 11th floor

Interior Spaces

  • 2,206 Sq Ft Home
  • City Views

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening

Community Details

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

Listing and Financial Details

  • Tax Block 474

Property Details

Home Type

Condominium

Est. Annual Taxes

$51,912

Year Built

Built in 2007

Lot Details

0

HOA Fees

$3,921 per month

Listing Details

  • Cross Street: GRAND STREET and BROOME STREET
  • Exposures: East,North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: SoHo-Nolita
  • Entry Level: 11
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 14

Interior Features

  • Living Area: 2206.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Integer: 3
  • Bedrooms: 3

Exterior Features

  • View: City
  • View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: Wall Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 3921.0
  • 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: 474
  • Tax Annual: 51912.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2023
Sold by
3740 Mercer Llc
Bought by
3740 Mercer Llc
Current Estimated Value
$6,163,661

Purchase Details

Listed on
Dec 1, 2015
Closed on
Sep 25, 2018
Sold by
66 Estate Llc and % : Gray Tolub Llp
Bought by
3740 Mercer Llc
Seller's Agent
Charlie Attias
Compass
List Price
$8,950,000
Sold Price
$8,350,000
Premium/Discount to List
-$600,000
-6.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.20%

Purchase Details

Listed on
Jan 21, 2015
Closed on
Jun 15, 2015
Sold by
Shnay Abram and Shnay Stephanie
Bought by
66 Estate Llc
Seller's Agent
Raphael DeNiro
Douglas Elliman Real Estate
List Price
$9,750,000
Sold Price
$9,000,000
Premium/Discount to List
-$750,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.26%

Purchase Details

Closed on
May 24, 2007
Sold by
Wxiv/Broadway Grand Realty Llc and Wxv/Broadway Grand Realty Llc
Bought by
Shnay Abram and Shnay Stephanie
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
3740 Mercer Llc -- --
3740 Mercer Llc $8,350,000 --
66 Estate Llc $9,000,000 --
Shnay Abram $5,432,364 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/24/2018 09/24/18 Sold $8,350,000 -6.7% $3,785 / Sq Ft
08/25/2018 08/25/18 Pending -- -- --
12/01/2015 12/01/15 For Sale $8,950,000 -0.6% $4,057 / Sq Ft
06/15/2015 06/15/15 Sold $9,000,000 -7.7% $4,080 / Sq Ft View Prior Sale
05/16/2015 05/16/15 Pending -- -- --
01/26/2015 01/26/15 For Sale $9,750,000 -- $4,420 / Sq Ft
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 $58,762 $472,322 $33,457 $438,865
2024 $58,762 $470,018 $33,457 $436,561
2023 $58,214 $465,639 $33,457 $432,182
2022 $55,597 $461,766 $33,457 $428,309
2021 $53,846 $438,954 $33,457 $405,497
2020 $53,660 $485,973 $33,457 $452,516
2019 $52,299 $475,046 $33,457 $441,589
2018 $51,920 $458,449 $33,457 $424,992
2017 $39,617 $441,577 $33,456 $408,121
2016 $37,413 $392,415 $33,457 $358,958
2015 $8,454 $385,321 $33,457 $351,864
2014 $8,454 $363,313 $33,456 $329,857
Source: Public Records

Agents Affiliated with this Home

  • Charlie Attias

    Seller's Agent in 2018

    Charlie Attias

    Compass

    (917) 273-8613

    3 in this area

    92 Total Sales

    Charlie Attias
    Section Image
  • David Attias

    Seller Co-Listing Agent in 2018

    David Attias

    Sothebys International Realty

    (917) 273-8613

    3 Total Sales

    David Attias
    Section Image

  • R

    Seller's Agent in 2015

    Raphael DeNiro

    Douglas Elliman Real Estate

    (212) 891-7000

    2 in this area

    50 Total Sales

    Raphael DeNiro
    Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10437498

Real Estate Board of New York (REBNY)

APN: 0474-1536

New York New York County New York 10013 SoHo

40 Mercer St Unit 37, New York, NY

This home is located at 40 Mercer St Unit 37, New York, NY 10013 since 01 December 2015 and is currently estimated at $6,163,661, approximately $2,794 per square foot. This property was built in 2007. 40 Mercer St Unit 37 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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.

RLS Data display by Homes.com LLC

Nearby Homes