NOT LISTED FOR SALE

77 Mercer St Unit 4N New York, NY 10012

SoHo Neighborhood

Estimated Value: $2,141,000 - $3,753,000

2 Beds
2 Baths
1,864 Sq Ft
$1,156/mo HOA Fee

Last Sold October 04, 2024

Last sale price $3,075,000 $1,650 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $20,268/month

47 Days on Market

Highlights

  • Views
  • 4-minute walk to Prince Street
  • 4-minute walk to Lt. Peterosino Square
  • P.S. 3 Charrette School Rated A

About This Home

As of October 2024

NEW ON MARKET: GRAND AND GRACIOUS true SoHo loft in prime cast-iron building on an unbeatable location. Key-locked elevator-landing opens onto a dramatic Living/Dining great room with Super High ceilings, wood-burning fireplace, and a wall of east facing windows.

The open kitchen is one's dream. The open concept of Kitchen into the main living & dining space is appealing for both living and socializing when having guests as a host. This then leads towards a hallway, equipped with built-in storage, leads to two spacious west-facing bedrooms filled with natural light and an in-unit Washer and Dryer. '

The bedroom wing includes a master suite with the glamorous en-suite bath and dressing area, as well as a second bedroom with its en-suite bath. Flexible interior office/den has a charming oval window.The two-bedrooms which are pin-drop quiet as they face West are perfect for tranquility after a long day in New York City. The two-bathrooms which contain ample storage space including 4 closets worth of storage in the Primary Bathroom allow you the ability to create your own oasis. This loft is situated within a meticulously preserved building that dates back to 1876. The loft features a private and secure entrance through a key-locked elevator that opens directly into the home's vestibule.

Please Note: The fireplace mantel, all artwork, the Armoir and chandeliers that are in the apartment do not come with the purchase of the property.

77 Mercer is a boutique residential condominium containing six stories. The building's exterior has been preserved, maintaining its history and charm. The building is divided into two portions. Each section has separate entrances equipped with video intercoms and secure key-locked elevators, ensuring residents' security. Located along the cobblestone block, the building is situated near Manhattan's most renowned shops & restaurants. The area offers an authentic SoHo experience, combining the bustling city with serene surroundings. Public Transportation is a convenient walk to the 6, N, R, W, J, Z, A, C, and E, providing easy access to any part of the city..

Last Agent to Sell the Property

Alex Grapstein

Corcoran Group License #10401265027 Listed on: 05/14/2024

Corcoran Group

Co-Listed By

Ty Travels

Corcoran Group License #10401376208

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $27,431

Year Built

  • Built in 1900

Lot Details

  • 5,009

HOA Fees

  • $1,156 Monthly HOA Fees

Home Design

  • 1,864 Sq Ft Home
  • Entry on the 4th floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer Dryer Allowed
  • Washer Hookup

Utilities

  • No Cooling

Additional Features

  • Property Views

Community Details

  • 10 Units
  • Soho Subdivision
  • 6-Story Property

Listing and Financial Details

  • Legal Lot and Block 1020 / 00485

Property Details

Home Type

Condominium

Est. Annual Taxes

$27,431

Year Built

Built in 1900

Lot Details

0

HOA Fees

$1,156 per month

Listing Details

  • Exposures: East,South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: SoHo
  • Architectural Style: Loft
  • Entry Level: 4
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area: 1864.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Exterior Features

  • View: Other
  • View: Yes
  • Exterior Features: None
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building None, Washer Hookup, In Unit
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1156.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 10
  • Total Stories: 6
  • Year Built: 1900

Tax Info

  • Tax Block: 00485
  • Tax Lot: 1020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2024
Closed on
Oct 4, 2024
Sold by
77 Mercer Street 4N Llc
Bought by
Mcfarland David and Mcfarland Marissa
Seller's Agent
Alex Grapstein
Corcoran Group
List Price
$3,300,000
Sold Price
$3,075,000
Premium/Discount to List
-$225,000
-6.82%
Views
24
Current Estimated Value
$3,173,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,522
Avg. Annual Appreciation
3.20%
Original Mortgage
$2,460,000
Outstanding Balance
$2,434,138
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$739,384
Source: Public Records

Range of Values:

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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
Mcfarland David $3,075,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcfarland David $2,460,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2024 10/04/24 Sold $3,075,000 -6.8% $1,650 / Sq Ft
07/01/2024 07/01/24 Pending -- -- --
05/14/2024 05/14/24 For Sale $3,300,000 0.0% $1,770 / Sq Ft
02/07/2014 02/07/14 Rented -- -- --
01/08/2014 01/08/14 Under Contract -- -- --
11/14/2013 11/14/13 For Rent $8,000 -- --
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 $27,431 $222,105 $35,105 $187,000
2024 $27,431 $219,415 $35,105 $184,310
2023 $26,664 $217,364 $35,105 $182,259
2022 $25,848 $215,843 $35,105 $180,738
2021 $24,149 $196,859 $35,105 $161,754
2020 $26,105 $219,410 $35,105 $184,305
2019 $25,317 $225,502 $35,105 $190,397
2018 $23,768 $198,716 $35,105 $163,611
2017 $22,608 $200,723 $35,105 $165,618
2016 $21,459 $202,135 $35,105 $167,030
2015 $7,948 $176,612 $35,105 $141,507
2014 $7,948 $169,741 $35,105 $134,636
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10991153

Real Estate Board of New York (REBNY)

APN: 0485-1018