$15,000,000
Updated 3 years ago
Off Market

40 Mercer Residences

40 Mercer Street, PH-7

Soho, Manhattan | Grand Street & Broome Street

Loft 8 Rooms4 Beds3.5 Baths3,006 Square FeetCondo

$15,000,000
Common Charges$7,391
RE Taxes$3,610
Price Per SF
$4,990

Listing Features

  • Corner Apartment
  • Custom Closets
  • Dressing Area
  • High Ceilings
  • Penthouse/Top Flr
  • Private Elevator
  • Separate Dining Area
  • Split Bedrooms
  • Washer / Dryer
  • Flr-to-Clg Windows
  • Wall of Windows
  • Dishwasher
  • Gourmet Kitchen
  • Microwave
  • S Steel Appliances
  • Double Vanity
  • En Suite Bathroom
  • Heated Floors
  • Jacuzzi Tub
  • Marble Bathroom
  • Powder Room
  • Soaking Tub
  • Stall Shower
  • Steam Room

Outdoor space and views

  • Wrap Terrace [1,500 SF]
  • East Exposure
  • North Exposure
  • 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 for 40 Mercer Street, PH-7

The best terrace in SoHo. Enjoy unrivaled indoor/outdoor living in Penthouse 7 at 40 Mercer. With almost 1,600 square feet of beautifully landscaped outdoor space wrapping around two sides of the apartment, Penthouse 7 reimagines downtown luxury living. With 10'8" ceilings, and featuring four bedrooms and three and a half bathrooms across 3,000+ square feet, the home seamlessly integrates indoor and outdoor lifestyle with floor-to-ceiling windows and convenient terrace access from each primary living space. Privacy plantings and a secure elevator managed by the concierge create a discreet oasis in the heart of SoHo.

Sunlit and dramatic, the 53.5' great room transforms into an indoor and outdoor oasis through a one-of-a-kind sliding wall of windows to the wrap-around terrace. Truly a private park in the sky, the terrace is complete with a landscaped garden lined in mature Birch, Maple, and Royal Purple Smoke trees and a custom endless pool. Independent from the grand entertaining space, the custom Bulthaup kitchen features stainless steel cabinets, Thassos marble countertops and is outfitted with a suite of Miele and Gaggenau appliances.

The main bedroom wing occupies the entire southwest corner of the Penthouse. The 24' x 16' primary suite has private access to the terrace and an entire dressing room with 12 custom closets. Serene and luxurious, the primary bathroom features heated floors, a soaking tub, separate stall shower and Toto washlet. The additional three bedrooms are all generously proportioned; one is positioned as a separate suite on the northeast corner, perfect for guests and/or staff.

Additional highlights include custom walnut built-ins, handmade Belgium bronze hardware, a private mud room and in-unit washer/dryer.

The result of a masterful partnership between Andre Balazs and Pritzker Prize-winning architect Jean Nouvel, 40 Mercer is a 14-story, ultra-luxury white glove condominium in prime Soho. Amenities include a 24-hour doorman and concierge, private garage with valet parking (for a separate fee), health club with a Pilates center, and a 50' lap pool.

Listing History for 40 Mercer Street, PH-7

Now
12/01/2023
TOM by John Gomes
Douglas Elliman
09/28/2023
$15,000,000 [-$995,000] [6.2%]
Price Drop by John Gomes
Douglas Elliman

Building Details for 40 Mercer Street

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
Lafayette St & Grand St
0.14 miles

Contact Agent

Contact Agent

John Gomes
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: 1251231