21 days on rocket

85 Mercer St Pha, Pha, New York City, NY, 10012

$8,180,000

3 Bedrooms
3 Full Baths
Condo
Schools Nearby

Location

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Property Highlights

Home TypeStock Cooperative
Year Built1920
CoolingCentral Air
FireplaceOther
MLS #COMP-1550814118329593833
StatusActive

About 85 Mercer St Pha

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Walk-Up
  • Year Built: 1920

Listing Office:

  • Office Name: Compass
  • Office Phone: (212) 913-9058
  • Listing Agent: Ian Slater
  • Agent Phone: (646) 645-8192

Interior Features

Interior Information:

  • Appliances: Dishwasher, Wine Cooler, Washer
  • Flooring Type: Hardwood
  • Interior: Double Vanity, Walk-In Closet(s)
  • Fireplace: Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Attached Garage: No

Utilities

Utilities Information:

  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $8,180,000

HOA Fees:

  • Amount: $4620
  • Frequency: Monthly
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Housing Market Comparison

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

Med. Sold Price

$849.1K

Med. Price/SqFt

$639

Avg. Days On Market

96

# of Sold Homes

1674

85 Mercer St Pha vs New York

21 DAYS ON ROCKET

-75 Days

$8,180,000

+$7.3M More

KEY TAKEAWAY

This property is $7.3M more than the Median Sold Price in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #COMP-1550814118329593833

Listing Office:

  • Office Name: Compass
  • Office Phone: (212) 913-9058
  • Listing Agent: Ian Slater
  • Agent Phone: (646) 645-8192

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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: 5/1/2024, 9:25:18 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

$45.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$24.5K

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-4397685
8
/10
  • PS 130 Hernando De Soto

  • 143 Baxter St

  • 0.30 miles

  • Public District Grades PK-5

school-card-donut-4397686
9
/10
  • PS 124 Yung Wing

  • 40 Division St

  • 0.64 miles

  • Public District Grades PK-5

school-card-donut-4397687
10
/10
  • PS 150

  • 334 Greenwich St

  • 0.66 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $146,412. The most common annual income of people living in New York, NY is $200k+. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 85 Mercer St Pha

What is the listing price of this property?

The listing price of 85 Mercer St Pha property is $8,180,000.

What type of property is this?

The property 85 Mercer St Pha is a condo located in Pha, New York City, New York, 10012.

Is this property for sale now?

Active Listing: 85 Mercer St Pha is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 85 Mercer St Pha has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The sq. ft. of 85 Mercer St Pha is not available (source: MLS/tax record).

Which year was this property built?

The year of construction for 85 Mercer St Pha is 1920.
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Rocket HomesNew YorkNew York1001285 Mercer St Pha

This home is located at 85 Mercer St Pha in Pha, New York City, NY and zip code 10012 in the SoHo neighborhood. This home was built in 1920. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 10, 2024 and is currently priced at $8,180,000.

In April 2024, from all listings sold in New York, NY there were more than 168 sold above asking price, over 748 sold below and more than 758 were sold right at the asked price. The inventory of homes for sale in New York, NY between March 2024 and April 2024 increased by 3.8%. In April 2024, listings were on the market for 96 days. During the same period, the median list price in this real estate market was $849,191.

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

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