NOT LISTED FOR SALE

72 Mercer St Unit 4W New York, NY 10012

SoHo Neighborhood

Estimated Value: $4,543,000 - $5,053,254

2 Beds
2.5 Baths
2,133 Sq Ft
$2,917/mo HOA Fee

Last Sold May 02, 2022

Last sale price $4,800,000 $2,250 Per Sq Ft

Current estimated payment $33,200/month

Highlights

  • Balcony
  • 4-minute walk to Prince Street
  • 4-minute walk to Lt. Peterosino Square
  • P.S. 130 - Hernando De Soto Rated A

About This Home

As of May 2022

Quintessential floor-through 2-bedroom Soho loft on sought-after cobblestoned 72 Mercer Street, in a full-service boutique condominium with just 8 apartments. Residence 4W is thoughtfully designed and turnkey, offering key-locked elevator entry, soaring 11'5" beamed ceilings, dramatic floor-to-ceiling windows, rich hardwood floors, and the finest upscale appointments. The huge open living area lined with a gas-burning fireplace and massive west-facing windows is bathed in natural sunlight and overlooks prized Mercer Street, offering a perfect backdrop for entertaining. The airy dining space is served by a stunning open chef's kitchen by Bulthaup, adorned with beautiful maple and aluminum cabinetry, marble countertops, a large island, and top-of-the-line stainless steel appliances including a wine fridge. Down the hall in the tranquil bedroom wing, both bedrooms are brightened by huge window walls facing east that receive fabulous morning and daylight. The generously-sized master bedroom features a fitted walk-in closet, private balcony and spa-like 5-fixture bath. Both elegant Carrara and Thassos marble bathrooms are adorned with premium Porcher, Dornbracht, Duravit and Waterworks fixtures. Completed in 2006, 72 Mercer designed by Traboscia Roiatti Architects is a sleek modern building that retains the historic character of its storied surroundings. It is among the few full-service condominiums in the area that features a 24-hour doorman, concierge, fitness studio and private storage. The location is exceptional near all the attractions of Soho and Lower Manhattan, the New Museum, galleries, restaurants, shops and transportation.

Last Agent to Sell the Property

Georgia McDonald

Corcoran Group License #10401319488 Listed on: 05/02/2022

Corcoran Group

Co-Listed By

Dana Power

Corcoran Group License #10301208861

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $53,964

Year Built

  • Built in 2006

HOA Fees

  • $2,917 Monthly HOA Fees

Home Design

  • 2,133 Sq Ft Home
  • Entry on the 4th floor

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Outdoor Features

  • Balcony

Community Details

  • 9 Units
  • Soho Subdivision
  • 7-Story Property

Listing and Financial Details

  • Tax Block 00484

Property Details

Home Type

Condominium

Est. Annual Taxes

$53,964

Year Built

Built in 2006

Lot Details

0

HOA Fees

$2,917 per month

Listing Details

  • Exposures: East,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Soho
  • Entry Level: 4
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 2133.0
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Exterior Features: Balcony
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 2917.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Building Info

  • New Construction: No
  • Units: 9
  • Total Stories: 7
  • Year Built: 2006

Tax Info

  • Tax Block: 00484
  • Tax Annual: 53964.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2022
Closed on
May 20, 2022
Sold by
Mcdonald John
Bought by
Adamson Irrevocable Trust and Hisami Adamson, As Trustee
Seller's Agent
Georgia McDonald
Corcoran Group
List Price
$4,950,000
Sold Price
$4,800,000
Premium/Discount to List
-$150,000
-3.03%
Current Estimated Value
$4,794,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,936
Avg. Annual Appreciation
-0.03%

Purchase Details

Closed on
Dec 19, 2007
Sold by
501 Broadway Partners Llc
Bought by
Mcdonald John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,224,000
Interest Rate
6.27%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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
Adamson Irrevocable Trust $4,800,000 --
Mcdonald John $3,210,542 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcdonald John $25,224,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2023 07/23/23 Off Market $4,800,000 -- --
01/01/2023 01/01/23 Off Market $4,950,000 -- --
05/02/2022 05/02/22 Sold $4,800,000 -3.0% $2,250 / Sq Ft
05/02/2022 05/02/22 For Sale $4,950,000 -- $2,321 / Sq Ft
04/28/2022 04/28/22 Pending -- -- --
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 $61,677 $505,777 $33,747 $472,030
2024 $61,677 $493,334 $49,679 $467,001
2023 $56,035 $486,707 $31,175 $455,532
2022 $58,480 $840,194 $49,679 $790,515
2021 $56,658 $911,089 $49,679 $861,410
2020 $56,371 $977,805 $49,679 $928,126
2019 $55,120 $826,958 $49,679 $777,279
2018 $44,880 $432,252 $31,161 $401,091
2017 $41,622 $400,234 $32,633 $367,601
2016 $32,779 $400,234 $35,989 $364,245
2015 $6,032 $387,830 $36,921 $350,909
2014 $6,032 $359,102 $28,480 $330,622
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10846979

Real Estate Board of New York (REBNY)

APN: 0484-1006