$8,500,000
Updated 5 years ago
Sold

The Grand Mercer

47 Mercer Street, PH

Soho, Manhattan | Grand Street & Broome Street

Loft 7 Rooms3 Beds3 Baths4,300 Square FeetCondo

$8,500,000
Common Charges$2,909
RE Taxes$6,483
Price Per SF
$1,977

This property was sold for $8,500,000 on 04/16/21.

Listing Features

  • BuiltIns
  • Corner Apartment
  • Entry Foyer
  • High Ceilings [13']
  • Library / Den
  • Original Details
  • Penthouse/Top Flr
  • Private Elevator
  • Recessed Lighting
  • Separate Dining Area
  • Solarium
  • WBFP
  • Oversized Windows
  • Adjoining Pantry
  • Center Island
  • Gourmet Kitchen
  • Open Kitchen
  • Windowed Kitchen
  • Wine Cooler
  • En Suite Bathroom
  • Soaking Tub

Outdoor space and views

  • Patio [17'x13']
  • Private Roof [62'x37']
  • City Views
  • East Exposure
  • North Exposure
  • South Exposure
  • West Exposure

Building Amenities

  • Voice Intercom
  • Keyed Elevator

Policies

  • Pieds A Terre Ok

Property Description for 47 Mercer Street, PH

Peacefully located on Mercer Street between Broome and Grand, the penthouse at 47 Mercer Street has an astonishing volume of space and light, both indoor and out. The key locked elevator, exceptionally large, opens into a generous private vestibule which foretells the interior space with its glass and aluminum walls. Upon entering, one is met with 10 oversize windows on three sides in the living room with 50 feet of frontage east onto Mercer Street and south and north windows as well. 13' ceilings, a rarity for cast iron buildings. The double windows on all sides have ensured that the space is always serene and quiet. A stone wall holds the wood burning fireplace (and a hidden television!)

with an expansive space suitable for lavish entertaining, provisioned from the immaculate chef's kitchen with a 42" Viking refrigerator, Gaggenau 6 burner cooktop and oven, and back serving pantry with Viking wine cellar. There are three oversized bedrooms, and the possibility of a fourth, and three spacious baths, notably a master bath suite that has a Boffi bath, and Pear Blue granite floors.



An elegant architectural staircase, with leather handlebar banisters takes you gently to the next level, a sunroom (or guest room) with its own full bath, and through the solarium door to a full roof terrace, looking south on to a dazzling skyline. This vast roof space is an entertaining dream for its generosity and lovely light, and glittering night view. There is an endless pool, an outdoor kitchen, and no end of flexibility as to its potential for outdoor living.



47 Mercer is an intimate Condo building with 5 residential units and a commercial unit, in a historic cast iron building from 1870.


Listing History for 47 Mercer Street, PH

Now
04/16/2021
$8,500,000
Sold and Closed by Abigail Agranat
Douglas Elliman
03/27/2021
Contract Signed by Abigail Agranat
Douglas Elliman

Building Details for 47 Mercer Street

OwnershipCondo
Building TypeLoft
Service LevelVoice Intercom
AgePre-War
AccessKeyed Elevator
Year Built1872
Financing Allowed90%
Floors/Apts6/5
Learn More About the Building

Transit and Citi Bike

Subway

Canal St
0.16 miles
Canal St
0.22 miles
Spring St
0.22 miles
Prince St
0.26 miles
Canal St
0.27 miles

Citi Bike

Grand St & Greene St
0.06 miles
W Broadway & Watts St
0.14 miles

Contact Agents

Contact Agents

Abigail Agranat
Douglas Elliman
Jan Hashey
Douglas Elliman
Steve Halprin
Douglas Elliman

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: 1831413