$5,995,000
Updated 7 years ago
Off Market

40 Mercer Residences

40 Mercer Street, 5

Soho, Manhattan | Grand Street & Broome Street

Loft 5 Rooms3 Beds3.5 Baths2,370 Square FeetCondo

$5,995,000
Common Charges$4,360
RE Taxes$4,430
Price Per SF
$2,530

Listing Features

  • Abundant Closets
  • Corner Apartment
  • Custom Closets
  • Entry Foyer
  • Galley Kitchen
  • High Ceilings [12']
  • Library / Den
  • Walk-in Closet
  • Washer / Dryer
  • Flr-to-Clg Windows
  • New Windows
  • Noise Abate Wdws
  • Wall of Windows
  • Center Island
  • Dishwasher
  • Gourmet Kitchen
  • Microwave
  • Open Kitchen
  • S Steel Appliances
  • Trash Compactor
  • Double Vanity
  • En Suite Bathroom
  • Marble Bathroom
  • Powder Room
  • Soaking Tub
  • Stall Shower
  • Steam Room

Outdoor space and views

  • City Views
  • East Exposure
  • South Exposure

Building Amenities

  • Full Service
  • Elevator
  • Fitness Facility
  • Garage
  • Garden
  • Pool
  • Resident Lounge
  • Roof Deck
  • Sauna
  • Spa Services
  • Steam Room
  • Storage
  • Valet Service

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 40 Mercer Street, 5

New to Market. Priced to sell!!!

Welcome to SoHo's most prestigious Condo building 40 Mercer Street, designed by Pritzker Prize winning architect Jean Nouvel and developed by famed hotelier Andre Balasz. This is an opportunity to live in the heart of SoHo, one of the most vibrant neighborhoods in New York City!

Residence 5 is a gorgeous South Eastern corner 3 bed/3.5 bath home with soaring 12-foot ceilings. This home at 2,370sqft is punctuated by oversized, noise reducing, floor to ceiling windows. The generous and efficient floorplan welcomes you with a formal entrance gallery and a long hallway of custom closets. The open Chefs' kitchen is designed by Bultaup. This beautiful kitchen features an island, Mahogany cabinetry, Gaggenau Stove, microwave, Miele dishwasher, Subzero refrigerator, wine frig, garbage disposal and 2 separate sinks. The bright, sun flooded South Eastern corner living/dining room flows seamlessly from the open kitchen. A spacious Master bedroom has large walk-in closets and a luxurious en-suite bath beautifully appointed with Thassos marble, double sinks, separate shower and soaking bathtub. The second and third bedrooms each offer an en-suite bathroom and custom closets. Note the third bedroom allows flexibility of use offering the option to open seamlessly to the living room with a smooth sliding wall.

Abundance of custom closets throughout, laundry room with washer/dryer, & central air and heat. This home is also a fantastic investment and 1031 Exchange opportunity.

40 Mercer Street amenities include: 24-hour doorman, concierge, full-time Super, underground parking with direct building access and State-of-the-art gymnasium with Pilates reformer/chair, heated lap pool, Jacuzzi, sauna, steam room, showers, lockers and spa room. Outdoor access includes a tranquil landscaped common courtyard and a breathtaking planted rooftop terrace. Building is pet friendly. With its discrete entrance on Mercer Street, this is the trophy home you have been looking for. Transportation nearby: N, Q, R, W, 1, 6, A, & C trains.

Listing History for 40 Mercer Street, 5

Now
06/18/2019
POM by Victoria Ye
Compass
02/04/2019
$5,995,000
Initial Price by Victoria Ye
Compass

Building Details for 40 Mercer Street

OwnershipCondo
Building TypeLoft
Service LevelFull Service
AgePost-War
AccessElevator
Year Built2006
Financing Allowed80%
Floors/Apts14/41
Learn More About the Building

Transit and Citi Bike

Subway

Canal St
0.13 miles
Canal St
0.22 miles
Spring St
0.22 miles
Prince St
0.27 miles
Canal St
0.29 miles

Citi Bike

Grand St & Greene St
0.07 miles
Lafayette St & Grand St
0.14 miles

Contact Agent

Contact Agent

Soho | Manhattan

Quick Profile

Famous for its art galleries, designer boutiques, cobblestone streets and cast-iron architecture, SoHo has always been full of buzz - wowing both tourists and locals alike. It’s rich with history (more so than most neighborhoods). So, whether you’re a computer nerd, serial shopper or foodie, you’re guaranteed to find something exciting to do in this storied neighborhood.

SoHo is bounded by Houston Street to the north, Canal Street in the south, 6th Avenue to the west and Crosby Street on the east.

The neighborhood has gone through many ups and downs over its long history. Enough to make a voluminous history book. When the Dutch discovered Lower Manhattan, they came across indigenous people living on the island. Technically, the American Indians were the first Manhattanites and then the Dutch moved in making them the second original Manhattanites. 

After the Civil War ended, the west side of Lower Manhattan flourished because the shipping routes changed. Textiles and the need for all types of products increased. Warehouses and large lofts were built and replaced farmland to accommodate the commerce. Many of those buildings are still standing and give SoHo its unique character and charm.

The bustling commerce eventually stopped and in the mid 1800’s, well-to-do families began moving into SoHo. They built exquisite buildings, many of which are characterized by their cast-iron facades. Soon after it became residential, theatres, music halls and eateries followed. The wealthy eventually left and the once prosperous district began another decline.  

The 1960’s marks SoHo’s most definitive period. City planners lost their bid to build a major highway that would level a portion of the neighborhood and many historic buildings. After their failed attempt to revitalize SoHo, artists quickly moved into the empty lofts and warehouses. Some legally, and other move-ins, not so legal. The city turned a blind eye. Artists of all mediums working from their new creative spaces created a ripple in the art scene. It was such a ripple that the well-to-do uptown crowd started buying their art and hanging out with them. The uptown folks eventually moved into the neighborhood and began buying up the lofts and warehouses. As soon as the word spread, up went the property values and the rest is history. 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 253592