40 MERCER ST, #23

3 BEDS | 3.5 BATHS | Condo | for Sale

Corner of Mercer Street and Grand Street
WEB ID: 6104406
$6,500,000
    • Maintenance/Common Charges: $4,401
    • Monthly Taxes: $3,665
    • 20% Down: $1,300,000
  • 3 BEDS
  • 3.5 BATHS
  • 2476 APPROX. SQFT
  • NEW DEVELOPMENT
  • BUILT 2005

The Details
About 40 MERCER ST, #23

Apartment #23 at 40 Mercer Street is the epitome of downtown luxury and style. The spacious layout of this three bedroom, three and a half bathroom home plus an additional home office is extenuated by the soaring 12-foot ceilings and floor to ceiling windows bringing abundant light throughout with Southern and Western exposures. The expansive living and dining area is the perfect place to enter...

key features
  • Concierge
  • Doorman
  • Elevator
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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$8,350,000220632.503/07/201626$7,050,000237033.510/16/201517$3,200,000122211.5
Sales History for 40 MERCER ST, #23
datepricestatus07/10/2018$7,350,000Sold04/18/2007$5,400,000Sold

40 Mercer St Monthly Costs

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Total$31,416.32/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$23,350.32
  • Property Taxes$3,665
  • Maintenance / Common Charges$4,401