NOT LISTED FOR SALE

72 Mercer St Unit PHW New York, NY 10012

SoHo Neighborhood

Estimated Value: $4,929,000 - $11,114,120

4 Beds
4.5 Baths
4,204 Sq Ft
$5,671/mo HOA Fee

Last Sold April 25, 2018

Current estimated payment $56,104/month

138 Days on Market

Highlights

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

About This Home

As of April 2018

This prime 3-4 bedroom Soho penthouse with private roof deck is perfectly positioned on a tranquil stretch of Mercer Street, the most desirable of all cobbled streets, in a newly built loft-style boutique condominium with a 24-hour doorman, designed by Traboscia Roiatti Architects to blend in with the distinctive historic architecture that surrounds it. Atop the seven-story structure lies this duplex penthouse, that rises above the roof levels of the neighborhood providing inspiring open sunset views to the West through enormous windows that flood the entire apartment with light all day long.

The elevator opens into this loft-style apartment immediately revealing soaring ceilings that are unusual for a top floor. The gracious living room is bracketed with a fireplace on one end and a wall of custom crafted bookshelves on the other. An adjoining Bulthaup kitchen is both large and functional with maple and aluminum cabinetry topped with stone counters. On the East side of this floor is a powder room and an additional bedroom suite or study/library that could also be a formal dining room. A balcony leads off this area facing towards the courtyard. The center of this floor is flooded with light from an enormous overhead skylight that embraces the grand stairway leading to the rooftop terrace. South-facing windows are an additional bonus and extremely rare in mid-block loft buildings. The meticulously landscaped and irrigated roof terrace is a sight to behold with panoramic views and multiple seating areas, including an area shaded by a pergola.

The lower level features a large Master Suite with expertly outfitted closets and an en suite bathroom, beautifully appointed with Thassos marble and the finest fixtures from Porcher, Dornbracht, Duravit and Waterworks. Select rift and quarter sawn White Oak hardwood floors accentuate the grand proportions of every room and ducted central air-conditioning with humidity controls is featured throughout. To the rear are two additional bedroom suites, each beautifully appointed too. There is a laundry room with a Whirlpool Duet washer and dryer. A Crestron sound system features throughout.

Soho is the quintessential authentic New York neighborhood with its unique mix of architectural cast iron landmarks lining cobbled streets filled with the world's most distinctive boutiques, restaurants and art galleries. Moments away from the Mercer Hotel, The Judd Foundation, Le Coucou, Dean and Delucca, all transportation and so much more, this is the first time this rare penthouse is being sold since it was developed.

Last Agent to Sell the Property

Leonard Steinberg

Compass License #10491210697 Listed on: 11/01/2017

Compass

Co-Listed By

Amy Mendizabal

Compass License #10401229581

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $81,704

Year Built

  • Built in 2006

HOA Fees

  • $5,671 Monthly HOA Fees

Home Design

  • Entry on the 7th floor

Interior Spaces

  • 4,204 Sq Ft Home
  • Wood Burning Fireplace
  • Entrance Foyer
  • City Views

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Balcony
  • Central Air

Community Details

  • Soho Subdivision
  • 7-Story Property

Listing and Financial Details

  • Legal Lot and Block 22 / 484

Property Details

Home Type

Condominium

Est. Annual Taxes

$81,704

Year Built

Built in 2006

Lot Details

0

HOA Fees

$5,671 per month

Listing Details

  • Cross Street: Broome Street/Spring Street
  • Exposures: East,South,West
  • Property SubType: Duplex
  • Property Type: Residential
  • Neighborhood: Soho
  • Entry Level: 7
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Interior Features: Entrance Foyer
  • Appliances: Dryer, Washer
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Living Area: 4204.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Bathrooms Integer: 5
  • Bedrooms: 4

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Balcony
  • Patio/Porch Features: Balcony, Rooftop

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 5671.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

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

Tax Info

  • Tax Block: 484
  • Tax Lot: 22
  • Tax Annual: 81703.92

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2017
Closed on
Apr 25, 2018
Sold by
Michael Hecht As Trustee and Perry Trust
Bought by
72 Mercer Ph West Llc
Seller's Agent
Leonard Steinberg
Compass
Current Estimated Value
$7,692,530

Purchase Details

Closed on
Dec 13, 2007
Sold by
501 Broadway Partners Llc
Bought by
Perry Trust
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
72 Mercer Ph West Llc $13,200,000 --
Michael Hecht As Trustee -- --
Perry Trust $7,750,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2018 04/25/18 Sold -- -- --
03/19/2018 03/19/18 Pending -- -- --
11/01/2017 11/01/17 For Sale -- -- --
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 $121,070 $992,833 $66,246 $926,587
2024 $121,070 $968,408 $97,519 $916,716
2023 $109,995 $955,399 $61,197 $894,202
2022 $114,518 $1,649,276 $97,519 $1,551,757
2021 $111,219 $1,788,442 $97,519 $1,690,923
2020 $109,513 $1,919,403 $97,519 $1,821,884
2019 $108,199 $1,623,295 $97,519 $1,525,776
2018 $88,099 $848,502 $61,168 $787,334
2017 $81,704 $785,651 $64,058 $721,593
2016 $64,344 $785,651 $70,647 $715,004
2015 $9,630 $761,301 $72,475 $688,826
2014 $9,630 $704,909 $55,906 $649,003
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10096110

Real Estate Board of New York (REBNY)

APN: 0484-1010