$20,000,000
Updated 2 years ago
Off Market

83 Mercer Street

Soho, Manhattan | Broome Street & Spring Street

15,115 Square FeetMixed Use

$20,000,000
floors / apts5 / 4
Lot Size25'x92'
Built Size25'x92'
ZoneM1
Building TypeLoft
RE Taxes$274,000
Price Per SF
$1,323

Outdoor space and views

  • Patio
  • Terrace

Building Amenities

  • Voice Intercom
  • Keyed Elevator
  • Renovated Lobby

Property Description for 83 Mercer Street

The historic cast iron building is divided to two Condominiums.
The commercial space comprises two levels. The ground floor, dedicated to the store, boasts an expansive area exceeding 2,200 square feet. Additionally, the renovated basement floor features high ceilings, windows overlooking the rear, and includes a designated office area.
The Residential condominium Unit is set up as four luxury residential income producing properties. It presents as 3 full floor residences and one triplex PH with a private rooftop. Each of the units has a private elevator entrance, oversize living spaces, high ceilings, huge windows, beautiful hardwood floors, updated kitchens and bathrooms, laundry units and abundant storage.
Units 2,3 and 4 are floor through units of over 2,100 square feet and offer 2 full bedrooms and 2 full baths. The 5th floor PH Triplex offers 5 bedrooms and three full baths. This PH unit has a double height ceiling, hardwood floors, enormous windows and wood burning fireplace is topped off by two rooftop terraces. The terrace to the east houses a full lounge seating area. On the top (Library) floor the patio to the West offers wide open views and breathtaking sunsets.

Listing History for 83 Mercer Street

Now
08/15/2024
POM by Tom Baron
eXp Realty NYC
03/20/2024
$20,000,000
Initial Price by Tom Baron
eXp Realty NYC

Building Details for 83 Mercer Street

OwnershipMixed Use
Building TypeLoft
Service LevelVoice Intercom
AgePre-War
AccessKeyed Elevator
Year Built1872
Floors/Apts5/4
Learn More About the Building

Transit and Citi Bike

Subway

Prince St
0.17 miles
Spring St
0.17 miles
Canal St
0.25 miles
Broadway-Lafayette St
0.27 miles
Spring St
0.29 miles

Citi Bike

Mercer St & Spring St
0.06 miles
Grand St & Greene St
0.14 miles

Contact Agents

Contact Agents

Tom Baron
eXp Realty NYC
Licensed As
Raymond P. Reis
Salesperson
License#:
40RE1176716
Company:
eXp Realty NYC
Randy Reis
eXp Realty NYC

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: 71885TH