
Landlord's Agent in 2023
Nick Gavin
Compass
(646) 610-3055
7 in this area
112 Total Sales
Estimated Value: $3,610,447 - $6,277,000
The best terrace in SoHo. Enjoy unrivaled indoor/outdoor living in Penthouse 7 at 40 Mercer. With almost 1,600 square feet of beautifully landscaped outdoor space wrapping around two sides of the apartment, Penthouse 7 reimagines downtown luxury living. With 10’8” ceilings, and featuring four bedrooms and three and a half bathrooms across 3,000+ square feet, the home seamlessly integrates indoor and outdoor lifestyle with floor-to-ceiling windows and convenient terrace access from each primary living space. Privacy plantings and a secure elevator managed by the concierge create a discreet oasis in the heart of SoHo.
Sunlit and dramatic, the 53.5’ great room transforms into an indoor and outdoor oasis through a one-of-a-kind sliding wall of windows to the wrap-around terrace. Truly a private park in the sky, the terrace is complete with a landscaped garden lined in mature Birch, Maple, and Royal Purple Smoke trees and a custom endless pool. Independent from the grand entertaining space, the custom Bulthaup kitchen features stainless steel cabinets, Thassos marble countertops and is outfitted with a suite of Miele and Gaggenau appliances.
The main bedroom wing occupies the entire southwest corner of the Penthouse. The 24’ x 16’ primary suite has private access to the terrace and an entire dressing room with 12 custom closets. Serene and luxurious, the primary bathroom features heated floors, a soaking tub, separate stall shower and Toto washlet. The additional three bedrooms are all generously proportioned; one is positioned as a separate suite on the northeast corner, perfect for guests and/or staff.
Additional highlights include custom walnut built-ins, handmade Belgium bronze hardware, a private mud room and in-unit washer/dryer.
The result of a masterful partnership between Andre Balazs and Pritzker Prize-winning architect Jean Nouvel, 40 Mercer is a 14-story, ultra-luxury white glove condominium in prime Soho. Amenities include a 24-hour doorman and concierge, private garage with valet parking (for a separate fee), health club with a Pilates center, and a 50’ lap pool.
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Ambrus Marc | $4,325,000 | -- | |
Ambrus Marc | $4,325,000 | -- | |
Merchant Quaters Llc | $3,250,000 | -- | |
Merchant Quaters Llc | $3,250,000 | -- |
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Ambrus Marc | $300,000 | |
Open | Ambrus Marc | $544,685 | |
Open | Ambrus Marc | $1,500,000 | |
Previous Owner | Merchant Quaters Llc | $2,437,500 |
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
11/30/2023 11/30/23 | Rented | $58,000 | -9.4% | -- |
11/03/2023 11/03/23 | Under Contract | -- | -- | -- |
10/26/2023 10/26/23 | For Rent | $64,000 | -- | -- |
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 | $43,925 | $353,066 | $25,009 | $328,057 |
2024 | $43,925 | $351,344 | $25,009 | $326,335 |
2023 | $42,698 | $348,071 | $25,009 | $323,062 |
2022 | $41,559 | $345,176 | $25,009 | $320,167 |
2021 | $40,251 | $328,125 | $25,009 | $303,116 |
2020 | $40,541 | $363,271 | $25,009 | $338,262 |
2019 | $39,095 | $355,104 | $25,009 | $330,095 |
2018 | $38,811 | $342,697 | $25,009 | $317,688 |
2017 | $29,614 | $330,085 | $25,008 | $305,077 |
2016 | $27,966 | $293,335 | $25,009 | $268,326 |
2015 | $9,480 | $288,032 | $25,008 | $263,024 |
2014 | $9,480 | $271,582 | $25,009 | $246,573 |
Landlord's Agent in 2023
Nick Gavin
Compass
(646) 610-3055
7 in this area
112 Total Sales
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10919751
APN: 0474-1507