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41-43 Mercer Street

Soho, Manhattan | Grand Street & Broome Street

25 Rooms10 Beds10 Baths22,000 Square FeetDevelopment Site

$29,999,999
floors / apts4 / 3
Building TypeLow-Rise
Price Per SF
$1,364

Building Amenities

  • Voice Intercom

Property Description for 41-43 Mercer Street

BKREA has been exclusively retained to offer for sale **41–43 Mercer Street**, a rare development and repositioning opportunity in the heart of SoHo.Located on the west side of Mercer Street between Broome and Grand Streets, the property offers approximately **49 feet of frontage** along one of SoHo’s iconic cobblestone blocks.The site consists of two adjoining properties: a one-story building at **41 Mercer Street** and a four-story building at **43 Mercer Street**, situated on a combined lot of approximately **3,670 square feet**.Plans prepared for the property contemplate a comprehensive redevelopment, including the construction of a new six-story cast-iron building at 41 Mercer Street, integration of the two structures, rooftop and rear-yard additions, and conversion of portions of 43 Mercer Street to residential use. The proposed design has been presented to the **Landmarks Preservation (LPC)** and received a favorable response, subject to modifications and applicable approvals.Situated within the **SoHo Cast-Iron Historic District**, 41–43 Mercer Street offers a unique opportunity to create a boutique mixed-use or residential project surrounded by luxury retail, renowned restaurants, galleries, and some of Manhattan’s most desirable residential properties.**Property Highlights**• Prime SoHo location between Broome and Grand Streets• Approximately 49 feet of Mercer Street frontage• Approximately 3,670 SF combined lot• Rare development and repositioning opportunity• Approximately 5,722 SF of JLWQA-designated space• Proposed residential and mixed-use redevelopment• Plans presented to LPC with favorable response, subject to applicable modifications and approvals• Located within the SoHo Cast-Iron Historic District• Surrounded by luxury retail, dining, galleries, and residential propertiesAll dimensions, zoning information, development potential, proposed plans, and regulatory matters are approximate and subject to independent verification by prospective purchasers and their professional advisors.

Listing History for 41-43 Mercer Street

Now
09/10/2026
$30,000,000
Initial Price by Ana Barrie
BKREA
Launch

Building Details for 41-43 Mercer Street

OwnershipDevelopment Site
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1868
Floors/Apts4/3
Learn More About the Building

Contact Agent

Contact Agent

Licensed As
Anahis Maria Barrie
Salesperson
License#:
10401369053
Company:
BKREA
View this property on the company's website

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: 108410TH