40 Mercer Street, #37

3 BEDS | 2 BATHS | Condo | sold

Corner of Mercer Street & Grand Street
WEB ID: 3514241
$8,350,000
    • Monthly Taxes: $4,326
    • 20% Down: $1,670,000
    • Tax Abatement:Yes
  • 3 BEDS
  • 2 BATHS
  • 2206 APPROX. SQFT
  • POST-WAR
  • BUILT 2005

The Details
About 40 Mercer Street, #37

Perched high above all of downtown Manhattan, modern luxury and elegance are found throughout this stunning 2200+ SF corner lofty apartment. Currently laid out as two bedroom, this apartment can easily be converted to a Three bedroom two and one-half bathroom residence located in the most coveted condominium in SoHo. Enter by ascending to the eleventh floor via the east wing elevator and revel...

key features
  • Sauna Room
  • Steam Room
  • Massage Room
  • Catering Kitchen
  • Screening Area
  • pool
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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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40 Mercer Street

40 Mercer Street

Loft Building in Soho/Nolita

Corner of Mercer Street & Grand Street

41 UNITS
14 STORIES
2005 BUILT
Sales History
Sales History for 40 MERCER STREET
dateunitpriceapprox. sq. ft.bedsbaths07/10/201823$7,350,000247633.503/07/201626$7,050,000237033.510/16/201517$3,200,000122211.5
Sales History for 40 Mercer Street, #37
datepricestatus09/24/2018$8,350,000Sold06/15/2015$9,000,000Sold05/24/2007$5,335,000Sold

40 Mercer St Monthly Costs

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Total$34,322.19/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$29,996.19
  • Property Taxes$4,326
  • Maintenance / Common Charges0
Listing Courtesy of Corcoran