40 MERCER ST, #17

1 BED | 1.5 BATHS | Condo | sold

Corner of Mercer Street and Grand Street
WEB ID: 3476649
$3,200,000
    • Maintenance/Common Charges: $2,176
    • Monthly Taxes: $1,163
    • 20% Down: $640,000
  • 1 BEDS
  • 1.5 BATHS
  • 1222 APPROX. SQFT
  • NEW DEVELOPMENT
  • S EXPOSURE
  • BUILT 2005

The Details
About 40 MERCER ST, #17

Rarely available at 40 Mercer is a sumptuously oversized, South-facing 1 bedroom loft with 1.5 bathrooms plus library on a high-floor. Designed by Pritzker-Prize winning architect Jean Nouvel and envisioned by renowned hotelier Andre Balaz, this meticulously conceived condominium has 12’ ceilings, triple glazed, state-of-the-art electronically control windows and shades. With a nod to Soho’s ...

key features
  • Concierge
  • Doorman
  • Elevator
  • Full city view
  • Central air
  • Dining room
  • Library
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Get to know Soho/Nolita

Soho — which sits south of Houston (hence the name), north of Canal, and between Sixth Avenue and Broadway — is an architectural time capsule from the days when cast iron was all the rage. The innovative construction technique offered a cheaper alternative to carved stone for the decorative elements on facades. (It would, in turn, be largely replaced by steel.) Soho’s historic district boasts the world’s largest collection of such buildings, most from the 1880s and ’90s, when they served as textile warehouses and factories. Beginning in the 1960s, artists began converting spaces into studios and apartments. Today, high-end retail and restaurants occupy lower floors in what has become one of Manhattan’s most sought-after neighborhoods. Nolita comprises the 16 blocks west of Soho, over to the Bowery. The new hyper-specific portmanteau (for “North of Little Italy”) was bestowed in the 1990s to delineate its distinct, more-residential feel.

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about the building
about the building

40 Mercer Street

40 MERCER ST

Loft Building in Soho/Nolita

Corner of Mercer Street and Grand Street

41 UNITS
14 STORIES
2005 BUILT
Sales History
Sales History for 40 MERCER STREET
dateunitpriceapprox. sq. ft.bedsbaths09/24/201837$8,350,000220632.507/10/201823$7,350,000247633.503/07/201626$7,050,000237033.5
Sales History for 40 MERCER ST, #17
datepricestatus10/16/2015$3,200,000Sold03/03/2010$2,243,000Sold03/16/2007$2,750,000Sold

40 Mercer St Monthly Costs

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Total$14,834.54/Month

Not sure if this fits your budget? There might be tax savings, so talk to an agent for details.

  • 30 Years Fixed
  • 20 Years Fixed
  • 15 Years Fixed
  • 7 Years Fixed
  • 5 Years Fixed
  • Principal & Interest$11,495.54
  • Property Taxes$1,163
  • Maintenance / Common Charges$2,176