40 Mercer St, New York NY 10013
3 br 3 ½ ba 2,476 sqft Condo| $4,995,000 |
Price reduced by $755,000
Description provided by Trulia.
Description provided by Realty Trac.
Listing Details
| Status | For Sale |
| Listing Type | Resale |
| MLS/Source ID | 466945 |
| Price/sqft | $2,017 |
| Total views (as of 7/11/09) |
460 |
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 03/17/2009 | Price change | $4,995,000 | sothebyshomes.com |
| 12/06/2008 | Price change | $5,750,000 | sothebyshomes.com |
| 11/08/2008 | Price change | $6,295,000 | sothebyshomes.com |
| 07/22/2008 | Price change | $6,950,000 | sothebyshomes.com |
Contact info
Robin Stein
Provided by: sothebyshomes.com
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| This home | ||
|---|---|---|
| Listing price: | $4,995,000 | |
| Compared to similar homes | ||
|---|---|---|
| Avg. listing price: | $4,982,500 | |
| Avg. sales price: | $4,507,500 | +11% |
| Compared to SoHo | ||
|---|---|---|
| Avg. listing price: | $3,464,371 | +44% |
| Avg. sales price: | $2,277,857 | +119% |
| Avg. price/sqft: | $1,301 | +55% |
Comparisons are relative to similar homes on Trulia and are intended as a
guide only. Home values are affected by many factors—find out more
| This home | ||
|---|---|---|
| Listing price: | $4,995,000 | |
| Compared to New York | ||
|---|---|---|
| Avg. listing price: | $2,021,392 | +147% |
| Avg. sales price: | $1,594,365 | +213% |
| Avg. price/sqft: | $1,133 | +78% |
Elementary
Middle
High
| SCHOOL NAME | SCHOOL TYPE | PARENT RATING | DISTANCE (mi) | TEST RATING |
|---|---|---|---|---|
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Ps 130 Hernando Desoto
New York City Department Of Education |
Public | 0.21 | ||
| My son will be graduating this year also... I can't praise the school and its staff enough. This school experience has been nothing short of amazing. | ||||
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St Patrick School
|
Catholic | 0.31 | ||
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Transfiguration School
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Catholic | 0.42 | ||
| As a graduate of trans, I believe that the teachers are willing to help their students do the best they can. The teachers are experiences and are great… | ||||
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St Anthony's School
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Catholic | 0.46 | ||
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Ps 124 Yung Wing
New York City Department Of Education |
Public | 0.54 | ||
| My daughter is in the gifted kindergarten program. She tested well, and PS 124 was not our first choice. Now that she is here, we are amazed at how much… | ||||
View all schools in:
New York City Department Of Education
Proximity to this address does not guarantee enrollment eligibility. Please contact a local real estate pro for more info
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Open house times for:40 Mercer St, New York NY 10013 |
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This Condo located at 40 Mercer St, New York NY, 10013 is currently for sale and has been listed on Trulia for 404 days. This property is listed by sothebyshomes.com for $4,995,000. 40 Mercer St has has 3 beds, 3 ½ baths, and approximately 2,476 square feet. The property was built in 2007. 40 Mercer St is in the SoHo neighborhood in New York and in ZIP Code 10013. The list price of $4,995,000 is 44% higher than the average list price of $3,464,371 for SoHo real estate, 34% higher than the average list price of $3,719,615 for 10013 real estate, and 147% higher than the average list price of $2,021,392 for New York, NY real estate. The price for this property is 119% higher than the average sales price of $2,277,857 for SoHo, 145% higher than the average sales price of $2,038,781 for 10013, and 213% higher than the average sales price of $1,594,365 for New York. The price per square foot for this property is $2,017, which is 55% higher than the average of $1,301 for SoHo, 93% higher than the average of $1,045 for 10013 and 78% higher than the average of $1,133 for New York.
School information provided by OnBoard Informatics Copyright (c) 2008. Information is deemed reliable but not guaranteed.
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Pre-Foreclosure (Notice of Default or Lis Pendens)
The foreclosure process begins when a borrower/owner defaults on loan payments and the lender files a public default notice, called a Notice of Default or Lis Pendens. Buying a property in pre-foreclosure involves approaching the borrower/owner and offering to buy the property outright. Auction (Notice of Trustee Sale or Notice of Foreclosure Sale) If the loan is not reinstated by the end of the pre-foreclosure period, potential buyers can bid on the property at a public auction. Buyers often are required to pay in cash at the auction and may not have much time to research the title and condition of the property beforehand; however, a public auction often offers some of the best bargains and avoids the unpredictability of dealing directly with the borrower/owner. Bank-owned (Real Estate Owned) If the lender takes ownership of the property, either through an agreement with the owner during pre-foreclosure or at the public auction, the lender will usually want to re-sell the property to recover the unpaid loan amount. The lender will then typically clear the title and perform needed maintenance and repair; however, the potential bargain for these REO homes is typically less than a pre-foreclosure or auction property. |
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Home price comparisons are relative to similar homes on Trulia (a close match to the home you're looking at based on how close it is, property type, size, number of bedrooms and bathrooms). Home buyers should note that property value estimates are affected by many factors and should only be used as a guide. Factors affecting home values include things like:
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A similar home is a close match to the home you're looking at based on property type, number of bedrooms and bathrooms, property age, and of course how close it is. Comparing similar homes (either for sale or sold) with the home you're looking at can help you establish a context for the listing price. Simply put, it's price comparison for houses!
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