Updated 11 years ago
Sold
118 Mercer Street, 3
Soho, Manhattan | Spring Street & Prince Street
Loft 5 Rooms2 Beds2 BathsCo-op
$3,699,000
Maintenance$2,590
This property was sold for $3,142,500 on 08/18/15.
Listing Features
- Beamed Ceilings
- BuiltIns
- Custom Lighting
- Exposed Brick
- Full Floor
- High Ceilings [10.6']
- Laundry Room
- Paneled Doors
- Private Elevator
- Washer / Dryer
- Oversized Windows
- Thermopane Windows
- Window Treatments
- Adjoining Pantry
- Center Island
- Dishwasher
- Open Kitchen
- S Steel Appliances
- Double Vanity
- En Suite Bathroom
- Soaking Tub
- Stall Shower
Outdoor space and views
- North Exposure
- West Exposure
Building Amenities
- Voice Intercom
- Keyed Elevator
Policies
- Pets Allowed
Property Description for 118 Mercer Street, 3
MONTHS LONG RENOVATION FINALLY COMPLETED. SEE NEW PHOTOS.
NO A.I.R. (SOHO) WAIVER REQUIRED & OPEN SUBLET POLICY.
25 x 104 foot full floor just renovated loft in a former Soho warehouse. Old plaster, wiring, plumbing removed, all new systems installed, including remote controlled four zone ductless central air and heat.
Actually 4 floors above street level, this spacious, full floor loft on quiet, cobblestoned Mercer Street has it all. Automatic Key Lock Elevator provides entry into very bright 60 foot long open entertaining area with a wall of new floor to ceiling Marvin windows overlooking Mercer Street. Floors of 7 inch white oak plank, 10 foot 6 inch ceilings, and the textures of original whitewashed exposed brick and ceiling beams add rich detail to this loft's authentic Soho charm.
The Open Kitchen is a chef's dream down to the smallest detail with a 60 inch Blue Star range (range hood vented to roof), 48 inch Liebherr refrigerator, ultra-quiet Bosch dishwasher, and 10 foot work island. Custom kitchen cabinets in reclaimed white oak with limed finish, antique 17th c. Dutch Delft and 19th c. French Pas de Calais tiles used as accent details soften the high tech feel of the kitchen. Separate food pantry, china closet, and recycling closet.
En suite master, private bath. In-loft separate laundry room with full size washer and dryer venting to roof, stainless utility sink, pull down ironing board and ceiling mount drying racks.
Baths feature Duravit and Kraus fixtures, brushed nickel fittings, travertine floors, soaking tub, and a double rainhead shower with teak floor and subway tile surround. 10 closets, and built-ins custom fabricated from a 200 year old oak barn frame.
This loft's style is reminiscent of the Robert De Niro/ Axel Vervoordt Greenwich Hotel penthouse. Green construction techniques and finishes have been utilized throughout: Gut renovated- old piping, wiring, sheetrock, plaster, etc. removed, replaced; 0% VOC finishes (wax, milk paint, food grade mineral oil) utilized; extensive use of reclaimed/ antique materials; hand finished Mediterranean whitewashed stucco walls in kitchen and baths.
Commercial owners pay approx. 50% of all capital costs and maintenance; maintenance on this loft approx. 64% tax deductible. Buyer to independently verify all information.
Owner broker Robert Rush.
NO A.I.R. (SOHO) WAIVER REQUIRED & OPEN SUBLET POLICY.
25 x 104 foot full floor just renovated loft in a former Soho warehouse. Old plaster, wiring, plumbing removed, all new systems installed, including remote controlled four zone ductless central air and heat.
Actually 4 floors above street level, this spacious, full floor loft on quiet, cobblestoned Mercer Street has it all. Automatic Key Lock Elevator provides entry into very bright 60 foot long open entertaining area with a wall of new floor to ceiling Marvin windows overlooking Mercer Street. Floors of 7 inch white oak plank, 10 foot 6 inch ceilings, and the textures of original whitewashed exposed brick and ceiling beams add rich detail to this loft's authentic Soho charm.
The Open Kitchen is a chef's dream down to the smallest detail with a 60 inch Blue Star range (range hood vented to roof), 48 inch Liebherr refrigerator, ultra-quiet Bosch dishwasher, and 10 foot work island. Custom kitchen cabinets in reclaimed white oak with limed finish, antique 17th c. Dutch Delft and 19th c. French Pas de Calais tiles used as accent details soften the high tech feel of the kitchen. Separate food pantry, china closet, and recycling closet.
En suite master, private bath. In-loft separate laundry room with full size washer and dryer venting to roof, stainless utility sink, pull down ironing board and ceiling mount drying racks.
Baths feature Duravit and Kraus fixtures, brushed nickel fittings, travertine floors, soaking tub, and a double rainhead shower with teak floor and subway tile surround. 10 closets, and built-ins custom fabricated from a 200 year old oak barn frame.
This loft's style is reminiscent of the Robert De Niro/ Axel Vervoordt Greenwich Hotel penthouse. Green construction techniques and finishes have been utilized throughout: Gut renovated- old piping, wiring, sheetrock, plaster, etc. removed, replaced; 0% VOC finishes (wax, milk paint, food grade mineral oil) utilized; extensive use of reclaimed/ antique materials; hand finished Mediterranean whitewashed stucco walls in kitchen and baths.
Commercial owners pay approx. 50% of all capital costs and maintenance; maintenance on this loft approx. 64% tax deductible. Buyer to independently verify all information.
Owner broker Robert Rush.
Listing History for 118 Mercer Street, 3
Now
08/20/2015
$3,142,500
Sold and Closed by Kimberlee Halligan
Douglas Elliman
05/28/2015
Contract Signed by Kimberlee Halligan
Douglas Elliman
Building Details for 118 Mercer Street
OwnershipCo-op
Building TypeLoft
Service LevelVoice Intercom
AgePre-War
AccessKeyed Elevator
Year Built1920
Floors/Apts6/9
Transit and Citi Bike
Subway
Prince St
0.08 miles
Spring St
0.15 miles
Broadway-Lafayette St
0.18 miles
Bleecker St
0.27 miles
Spring St
0.3 miles
Citi Bike
Mercer St & Spring St
0.03 miles
Greene St & Prince St
0.09 miles
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: 1147275
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