Updated 5 days ago
40 Mercer Residences
Soho, Manhattan | Grand Street & Broome Street
Loft 6 Rooms3 Beds3.5 Baths2,476 Square FeetCondo

$26,500
Lease Term12-12 Months
Available10/01/2022
Rent Per SF
$128

Listing Features

  • Abundant Closets
  • BuiltIns
  • Corner Apartment
  • Custom Closets
  • Galley Kitchen
  • High Ceilings
  • Recessed Lighting
  • Split Bedrooms
  • Walk-in Closet
  • Wall Sconces
  • Flr-to-Clg Windows
  • Wall of Windows
  • Convection Oven
  • Dishwasher
  • Gourmet Kitchen
  • Microwave
  • S Steel Appliances
  • Double Vanity
  • En Suite Bathroom
  • Marble Bathroom
  • Powder Room
  • Soaking Tub
  • Stall Shower

Outdoor space and views

  • City Views
  • South Exposure
  • West 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

VIRTUAL TOUR AVAILABLE!

Spectacular corner 3-Bedroom, 3.5 Bath home defines couture luxury living in the most exclusive building in Soho. The gracious entry gallery provides a captivating introduction to this very special residence. The magnificent corner living - dining space boasts Southern and Western views and is perfect for entertaining on a grand scale. The chefs kitchen features top-of-the-line appliances and is open to the adjacent entertaining space. Each bedroom has a luxurious en-suite bath and the third bedroom has been designed as a library/guest room with built-in cabinetry and features a custom sliding door which opens to the living room. The serene master suite is it's own private wing which includes custom closets, media cabinetry and a marble 5-fixture bath. A powder room and laundry complete the layout. 40 Mercer Street was designed by famed French architect Jean Nouvel in collaboration with hotelier Andre Balasz to provide the very top level of service for the most discerning clientele. The building boasts a glamorous swimming pool, spa, sauna, private gym, garage and prides itself on its discretion and is welcoming to high-profile residents.

Listing History

Now
07/08/2022
$26,500
Initial Rent by Katherine Gauthier
Douglas Elliman
2022

Building Details

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
Lispenard St & Broadway
0.15 miles

Building Availability

APPSF
Median
Average
$4,416
$9,995,000
$12,348,000
Last 12 months
$2,760
-
-
$130
$26,250
$26,250
Last 12 months
$118
-
-

Three Beds in Soho

APPSF
Median
Average
$107
$19,500
$17,949

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. 

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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: 1051582