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40 Mercer St #5
New York, NY 10013 (SoHo)
Off Market · Public Record
Contact For Estimate

40 Mercer St #5 New York, NY 10013

(SoHo)
  • 2,370 sqft
  • Condo
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  • Lowest crime relative to the rest of New York county.

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  • 35 Elementary Schools

    16 Middle Schools

    13 High Schools

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Property Details for 40 Mercer St #5


This property is no longer available to rent or buy. This description is from April 06, 2016
Great Investment Opportunity! Generate income immediately. Welcome to SoHo's most prestigious building 40 Mercer Street, Apt 5, designed by Pritzker Prize winning architect Jean Nouvel and developed by famed hotelier Andre Balasz. This is an opportunity to live in the heart of SoHo, one of the most vibrant neighborhoods in New York City! Apartment 5 is a 3 bedroom, 3.5 bath corner unit with soaring 12-foot ceilings punctuated by oversized, noise reducing, floor to ceiling windows. This generous floorplan welcomes you with a formal entrance gallery and continues on to the state of the ar...t chefs' open kitchen designed by Bultaup. This beautiful kitchen features dark mahogany cabinetry, Gaggenau, Miele & Subzero stainless steel appliances and dual sinks. The bright, sun flooded South Eastern facing living/dining room flows seamlessly from the open kitchen. A spacious Master bedroom has 2 walk-in closets and a luxurious ensuite bath - beautifully appointed with Thassos marble, double sinks, separate shower and bathtub. The second and third bedrooms each offer an ensuite bathroom and a large closet. The third bedroom allows flexibility of use - offering the option to open seamlessly to the living room with a smooth sliding wall. Custom closets throughout, in unit washer/dryer & central air and heat. This home is a fantastic investment and 1031 Exchange opportunity. Tenant in place. Generate income immediately. 421A tax abatement until 2018.40 Mercer Street, Apt 5 amenities include a 24-hour doorman, concierge, underground parking with direct access to the secure residential elevators, pool, sauna, steam room, Jacuzzi, gymnasium, landscaped courtyard and a rooftop terrace. With its discrete entrance on Mercer Street, this is the trophy home you have been looking for.
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40 Mercer St #5 Public Records


Official property, sales, and tax information from county (public) records as of 12/2016:
    • Condominium (Residential)
    • Stories: 13 story
    • County: New York
    • 2,370 sqft
    • 1 Unit
    • Built In 2005
    • 1 Building
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Affordability

Additional Costs For 40 Mercer St #5


Property Taxes and Assessment of 40 Mercer St #5


Land
Improvement
Total
$35,943
+
$385,645
=
$421,588
Land
Improvement
Total
$79,875
+
$856,988
=
$936,863
Year Tax Assessment Market
2016 $40,194 $421,588  $936,863 
Source: Public Records

Price History & Trends


Price History for 40 Mercer St #5


Date Event Price Source Agents
04/18/2012 Sold view detail $3,478,125 Public records Public records  
  • Recording Date
    04/18/2012
  • Sale Price
    $3,478,125
03/28/2007 Sold view detail $4,100,000 Public records Public records  
  • Recording Date
    03/28/2007
  • Contract Date
    03/19/2007
  • Sale Price
    $4,100,000
  • Price Type
    Full amount stated on Document.
  • City Transfer Tax
    $0
  • County Transfer Tax
    $0
  • Total Transfer Tax
    $0
  • Transaction Type
    Purchase/Resale Arm's Length Residential Transaction
  • Document Type
    Deed

Real Estate Trends in this area

Median sale price for all homes in this area $1,927,000 0% below listing price

Sold Homes near 40 Mercer St #5


Address Distance Property Type Sold price Sold date Bed Bath Sqft
157 Chambers St #11C, New York NY 0.60 Condo $3,999,999 08/28/17 - - 1,727
188 E 64th St #2903, New York NY 3.54 Condo $3,125,000 08/22/17 - - 1,386
300 E 64th St #21A, New York NY 3.57 Condo $3,300,000 09/05/17 - - 1,864
58 Walker St #2, New York NY 0.19 Condo $3,600,000 02/15/17 - - 1,927
51 Walker St #9A, New York NY 0.21 Condo $4,900,000 05/23/17 - - 2,012
101 Leonard St #10E, New York NY 0.34 Condo $3,266,000 08/30/17 - - 1,963
220 Riverside Blvd #3, New York NY 4.10 Condo $3,575,000 08/21/17 - - 2,282
136 Baxter St #5C, New York NY 0.21 Condo $3,400,000 04/21/17 - - 1,744
400 E 67th St #22C, New York NY 3.72 Condo $3,035,000 08/28/17 - - 1,773
450 W 17th St #1509, New York NY 1.56 Condo $4,700,000 08/30/17 - - 1,637