$5,750,000
Updated 9 years ago
Sold

11 Mercer Street, 2-A

Soho, Manhattan | Canal Street & Grand Street

Loft 7 Rooms3 Beds3.5 Baths4,150 Square FeetCondo

$5,750,000
Common Charges$2,040
RE Taxes$4,073
Price Per SF
$1,386

This property was sold for $5,400,000 on 01/12/18.

Listing Features

  • Entry Foyer
  • Exposed Brick
  • Full Floor
  • High Ceilings [14.3']
  • Media Room
  • Private Elevator
  • Private Entrance
  • Sleeping Loft
  • Track Lighting
  • W/D Hookups
  • Casement Windows
  • Oversized Windows
  • En Suite Bathroom
  • Powder Room

Outdoor space and views

  • City Views
  • East Exposure
  • West Exposure

Building Amenities

  • Voice Intercom
  • Elevator

Policies

  • No Dogs. Cats Allowed.

Property Description for 11 Mercer Street, 2-A

IN CONTRACT. SOHO CONDO LOFT, READY FOR YOUR RENOVATION! FOR SALE FOR THE FIRST TIME IN ALMOST 30 YEARS! SUPER WIDE 54+ FEET WITH 14' CEILINGS. CAST IRON CLASSIC!!! On an archetypal Soho cobblestone block, in the very heart of the Soho Cast Iron Historic District, and at the junction of Howard and Mercer Streets, is one of the only genuine & original Cast Iron Condominium Lofts left in existence, and it's ready for your renovation! Over 54 Feet wide, (more than twice as wide as the typical Soho loft) and with 14' high ceilings, it's a classic loft that's almost impossible to find, until now! It can easily be converted to three, even four, windowed Bedrooms, and 3+ Bathrooms. DIMENSIONS: 4,150 Square Feet (Plus an extra +-750 square feet mezzanine) (385.5 M2) 54’.25 FT. Wide X 76’.5 FT Long (16.5 m Wide X 23.3m Long) 14' 3" Ceiling height (4.42m) Ceiling height Price: $5,750,000 Real Estate Taxes: $4073 / month +- Common Charges: $2040 / month +- Total monthly Charges: $6113. /month +- Constructed in 1870. Full Floor Loft Gorgeous 14 feet tall Cast Iron Corinthian Columns. The Passenger Elevator, with a sidewalk entrance, opens directly into the loft. A Freight Elevator, accessed from the Lobby, opens directly into the loft. 5 enormous windows (+-10’ high X 6’ wide) facing East 6 enormous windows facing West. Located on one of the prettiest and quietest Cobble Stone streets in Soho. This is one of Soho’s last original Artist’s lofts. Rarer still, it’s a Condominium!

Listing History for 11 Mercer Street, 2-A

Now
01/12/2018
$5,400,000
Sold and Closed by Edward Hickey
Compass
2018

Building Details for 11 Mercer Street

OwnershipCondo
Building TypeLoft
Service LevelVoice Intercom
AgePre-War
AccessElevator
Year Built1870
Financing Allowed90%
Floors/Apts5/6
Learn More About the Building

Transit and Citi Bike

Subway

Canal St
0.08 miles
Canal St
0.16 miles
Franklin St
0.26 miles
Canal St
0.26 miles
Spring St
0.29 miles

Citi Bike

Grand St & Greene St
0.08 miles
Lispenard St & Broadway
0.08 miles

Contact Agents

Contact Agents

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: 1662753