1 month on rocket

40 Mercer St Unit 5, New York City, NY, 10013

$5,995,000

3 Bedrooms
3 Full Baths, 1 Partial
2,370 SqFt
$2,530/SqFt
Condo
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeCondominium
ParkingGarage, Valet
Year Built2005
CoolingCentral Air
MLS #COMP-1540622416632336753
StatusActive

About 40 Mercer St Unit 5

Welcome to one of SoHo's most prestigious addresses, where modern luxury and elegance converge in this extraordinary residence designed by Pritzker Prize-winning architect Jean Nouvel and developed by famed hotelier Andre Balazs. Residence 5 is a stunning Southeastern corner 3-bedroom, 3.5-bath home, boasting an expansive 2,370 square feet of living space with soaring 12-foot ceilings and oversized, noise-reducing, floor-to-ceiling windows. The open floor plan features a dramatic entrance gallery, a chef's kitchen designed by Bulthaup, complete with Mahogany cabinetry, Gaggenau stove, Miele dishwasher, Subzero refrigerator, wine fridge and garbage disposal. The bright, sun-flooded living/dining room seamlessly flows from the open kitchen, creating a perfect space for entertaining. The primary bedroom offers large walk-in closets and a luxurious en-suite bath appointed with Thassos marble, double sinks, a separate shower and a soaking tub. The second and third bedrooms each feature en-suite bathrooms and custom closets. The third bedroom features a sliding wall that seamlessly opens to expand the living room to even greater proportions. This home is also equipped with an abundance of custom closets, a laundry room with washer/dryer and central air and heat. 40 Mercer Street offers an array of exceptional amenities, including a 24-hour doorman, concierge, live-in superintendent, underground parking with direct building access, plus a heated lap pool, Jacuzzi, sauna, steam room, state-of-the-art gym with Pilates reformer/chair, showers, lockers, and massage room. Outdoor access includes a tranquil landscaped common courtyard and a breathtaking planted rooftop terrace, making it an ideal retreat within the city. Transportation is made convenient with nearby access to N, Q, R, W, 1, 6, A, & C trains, allowing for seamless connectivity to the rest of the city. This collaboration between Andre Balazs and Jean Nouvel is a testament to modern luxury, elegance, progressive architecture, and ingenious engineering. The 14-story building features magnificent glass curtain walls with a rhythm of panes in vibrant hues of red and blue. 40 Mercer is luxury unparalleled. Don't miss the opportunity to call this trophy home your own and experience one of the most exclusive addresses downtown. Kindly note the residence is vacant and the listing photos have been virtually staged.

Property Details

Property Features

Property Information:

  • Year Built: 2005
  • Living Area: 2,370 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (212) 913-9058
  • Listing Agent: Katherine Camp
  • Agent Phone: (917) 921-4799

Interior Features

Interior Information:

  • Flooring Type: Hardwood
  • Interior: Built-in Features, Double Vanity, Eat-in Kitchen, High Ceilings, Soaking Tub, Sauna, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Garden

Parking Information:

  • Attached Garage: No
  • Parking: Garage, Valet

Utilities

Utilities Information:

  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,995,000
  • Price Per SqFt: $2,530/SqFt

HOA Fees:

  • Amount: $5572
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in New York, NY.

Med. Sold Price

$845.4K

Med. Price/SqFt

$636

Avg. Days On Market

96

# of Sold Homes

1548

40 Mercer St Unit 5 vs New York

32 DAYS ON ROCKET

-64 Days

$5,995,000

+$5.1M More

$2,530/SqFt

+$1.8K More

KEY TAKEAWAY

This property is $5.1M more than the Median Sold Price and $1.8K/SqFt more than other homes in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #COMP-1540622416632336753

Listing Office:

  • Office Name: Compass
  • Office Phone: (212) 913-9058
  • Listing Agent: Katherine Camp
  • Agent Phone: (917) 921-4799

IDX ©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.

Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.

This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 4/27/2024, 4:25:17 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$35.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$18K

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1379574
8
/10
  • PS 130 Hernando De Soto

  • 143 Baxter St

  • 0.22 miles

  • Public District Grades PK-5

school-card-donut-1379575
9
/10
  • PS 124 Yung Wing

  • 40 Division St

  • 0.55 miles

  • Public District Grades PK-5

school-card-donut-1379576
10
/10
  • PS 150

  • 334 Greenwich St

  • 0.57 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $187,500. Most New York, NY residents have annual incomes $200k+. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 40 Mercer St Unit 5

What is the listing price of this property?

The listing price of 40 Mercer St Unit 5 property is $5,995,000.

What type of property is this?

The property 40 Mercer St Unit 5 is a condo located in New York City, New York, 10013.

Is this property for sale now?

Active Listing: 40 Mercer St Unit 5 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 40 Mercer St Unit 5 has 3 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 40 Mercer St Unit 5 is 2,370 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 40 Mercer St Unit 5 is 2005.
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Rocket HomesNew YorkNew York1001340 Mercer St Unit 5

This home is located at 40 Mercer St Unit 5 in New York City, NY and zip code 10013 in the SoHo neighborhood. This 2,370 square foot home was built in 2005. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 26, 2024 and is currently priced at $5,995,000.

New York, NY housing market in March 2024 saw over 154 listings sold above listed price, more than 645 sold at listed price and over 748 sold below. The inventory of homes for sale in New York, NY between February 2024 and March 2024 increased by 3.7%. Listings spent 96 days on the market in March 2024, and had a median list price of $845,489 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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