$17,000,000
Updated 4 years ago
Off Market

18 Mercer Street

Soho, Manhattan | Grand Street & Howard Street

14 Rooms8 Beds8 Baths10,330 Square FeetMulti-Family

$17,000,000
floors / apts6 / 6
Lot Size21'1"x85'4"
ZoneM1-5B
Building TypeLoft
RE Taxes$75,907
Price Per SF
$1,646

Outdoor space and views

  • City Views

Building Amenities

  • Video Intercom
  • Keyed Elevator

Property Description for 18 Mercer Street

18 Mercer Street We are pleased to present this unique opportunity to purchase a cast iron building located in Prime Soho on Mercer Street between Howard and Grand Streets. Six coop lofts that are being sold together. Delivered vacant. The building has the potential to re-capture the commercial aspect. Please refer to the detailed floor-plans. The building has an enticing beauty with Anglo-Italianate influences and offers an unusual opportunity for the discerning client who will delight in owning an entire loft building in the international destination spot, Soho New York. Currently configured as 6 coop lofts with a full basement and maintained private roof level, the 6 lofts will be sold simultaneously. Convert this gorgeous 1915 building into a masterpiece. A key locked elevator opens to each loft, soaring ceiling heights, huge windows facing East and West; South. Co-Exclusive

Listing History for 18 Mercer Street

Now
08/08/2022
POM by Fabienne Lecole
Compass
05/06/2022
Price Increase by Fabienne Lecole
Compass

Building Details for 18 Mercer Street

OwnershipMulti-Family
Building TypeLoft
Service LevelVideo Intercom
AgePre-War
AccessKeyed Elevator
Year Built1861
Financing Allowed80%
Floors/Apts6/6
Learn More About the Building

Transit and Citi Bike

Subway

Canal St
0.07 miles
Canal St
0.18 miles
Spring St
0.27 miles
Franklin St
0.28 miles
Canal St
0.28 miles

Citi Bike

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

Co-exclusive agents

Co-exclusive agents

Tony Testa
Corcoran

Show Media

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: 82106TH