$7,999,000
Updated 2 years ago
Off Market

85 Mercer Street, PH-A

Soho, Manhattan | Broome Street & Spring Street

Loft 6 Rooms3 Beds3 BathsCo-op

$7,999,000
Maintenance$4,620

Listing Features

  • Duplex
  • Hardwood Floors
  • Home Office
  • Laundry Room
  • Penthouse/Top Flr
  • Separate Dining Area
  • Walk-in Closet
  • Washer / Dryer
  • Dishwasher
  • Gourmet Kitchen
  • Open Kitchen
  • Wine Cooler
  • Bidet
  • Double Vanity
  • En Suite Bathroom
  • Heated Floors
  • Jacuzzi Tub
  • Stall Shower
  • Steam Shower

Outdoor space and views

  • Private Roof [18'x24']
  • Terrace [38'x44']
  • East Exposure
  • North Exposure

Building Amenities

  • Voice Intercom
  • Elevator
  • Roof Deck

Policies

  • Pets Allowed

Property Description for 85 Mercer Street, PH-A

Please reach out to listing brokers with any questions. Poised atop an iconic, rare double-width, cast iron cooperative in the absolute heart of cobblestone Soho is this corner, multi-level penthouse, quietly available for a lucky new owner for the first time in twenty five years. With extremely low maintenance under $5,000 per month, this is a home not to miss. The apartment has two levels and enjoys two tiers of finished outdoor deck space. Rarely does such a home come to market in Soho, one with sun-drenched interior space, a high-end finish level, and significant and usable outdoor space that is fully outfitted. Enter into the centrally air conditioned apartment via a semi-private key-locked elevator taking you directly into an absolutely enormous great room, complete with soaring ceilings, oversized corner windows facing east and north (with protected views, no lot-line windows), and beautiful finish. The floors are mahogany throughout and the doors and frames are outfitted in teak. The open kitchen has a full suite of chef's appliances, including two separate Sub Zero refrigerator/freezers, Gaggenau cooking appliances with a Best vented hood, a Miele dishwasher, and a wine refrigerator. The living and dining area is open-plan and allows for enormous flexibility of design, including multiple seating areas and a huge dining table. There is also a casual breakfast area and room for a home office off of the kitchen. The apartment has its own dedicated water tank as well as a private laundry area with washer and dryer. On the ground level of the home are two bedrooms, each en-suite. One is one of two primary suites in the home, overlooking Mercer Street and equipped with a large walk-in Molteni closet and limestone bathroom adorend with Dornt Bracht fixtures, with large Jacuzzi tub, two-headed steam shower, bidet, Toto toilet, radiant heated floor and double vanity. The secondary suite is internal and currently used as a home office, but also has an en-suite limestone bath with stall shower. Upstairs to the second level of the duplex is a secondary primary suite, with gas fireplace and en-suite bathroom complete with custom made double vanity, teak mirror cabinets, Duravit toilet, bidet, two-headed stall shower, and all fixtures by Lefroy Brooks. This room is clad in floor-to-ceiling Arcadia custom hurricane proof sliding glass doors and spills out onto an enormous multi-level finished terrace, complete with lounge space, a large dining area and views all over Manhattan and Soho. Up another level from the actual rooftop is a perch that can be used as additional entertaining space, a putting green, an outdoor gym, a party area, a dog run, or anything your heart desires! Enjoy sunsets from one of the highest points in the immediate area and in the utmost privacy on your roof deck. This is a small cooperative with strikingly low maintenance and enormous storage rooms that transfer with the residences. This building includes a unique New York City provision allowing non-artisit occupancy – SoHo Live/Work zoning.

Listing History for 85 Mercer Street, PH-A

Now
10/04/2024
POM by Ian Slater
Compass
09/06/2024
$7,999,000 [-$181,000] [2.2%]
Price Drop by Ian Slater
Compass

Building Details for 85 Mercer Street

OwnershipCo-op
Building TypeLoft
Service LevelVoice Intercom
AgePre-War
AccessElevator
Year Built1856
Financing Allowed80%
Floors/Apts5/10
Learn More About the Building

Transit and Citi Bike

Subway

Prince St
0.16 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

Ian Slater
Compass

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: 2083654