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40 Mercer Street, #26

$7,850,000 ($3,312 per ft2) | 3 beds, 4 baths | Approx. 2,370 ft2
Building Profile  | 
59 days on Market

Key Details

  • Listed: Sep 23, 2024
    Days on Market: 59
    Building Type: Condominium
    Neighborhood: SoHo (Manhattan)
    Doorman: FT Doorman
Monthly Common Charges: $5,747
Monthly Real Estate Taxes: $4,814
Total Taxes & Fees: $10,561 ($4.46/ft2)
Est. Monthly Mortgage: $41,655
Total Est. Monthly Carrying Cost: $52,216 ($22.03/ft2)
Note: the above is based on a down payment of 20% ($1,570,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Stunning Architectural Design: A masterpiece by renowned architect Jean Nouvel, featuring high ceilings and walls of large windows that flood the space with natural light.
  • Exclusive Amenities: Access to a 24-hour concierge, fitness center, Carrera marble swimming pool, and landscaped rooftop terrace for ultimate relaxation.
  • Prime SoHo Location: Nestled in the heart of SoHo, surrounded by upscale boutiques and fine dining, offering a vibrant urban lifestyle.
  • Private Club Access: Residents enjoy exclusive use of the M40 club, enhancing the sense of community and luxury living.
  • Underground Parking: Rarely available underground parking with direct access to secure residential elevators, ensuring convenience and privacy.
  • Luxurious Living Space: Spacious 2,370 ft² corner apartment with 3 bedrooms and 3.5 spa baths, designed for sophisticated living.

Description

INVESTORS ONLY-tenant in place for 1 year.

An enviable living destination for the most discerning, Apartment 26 at Soho’s exclusive modern masterpiece, 40 Mercer Street, offers the utmost privacy, luxuriousness and discretion for its privileged resident. From the attentive staff and incomparable amenities, to the distinctiveness of its design by renowned architect Jean Nouvel and hotelier extraordinaire Andre Balasz, this loft-like corner showplace exudes sophistication in every detail.

Truly a work-of-art, with 3 bedrooms, 3 and a half spa baths, elegant wood floors, voluminous ceilings, walls of huge windows overlooking Soho’s grandest architecture, sun-flooded living and entertaining spaces, and the finest appointments imaginable. Eastern and southern exposures brighten the expansive living/dining room, divine for lavish gatherings, seamlessly served by a top-of-the-line kitchen, adorned to impress the discriminating chef.

The primary bedroom is a relaxing retreat with massive windows, and a magnificent en-suite bath with an indulgent soaking tub.

Standing 14 striking stories at the coveted core of Soho, where quiet and convenience meet, the white-glove 40 Mercer is a testament of historic stature and contemporary allure. Set on a charming cobblestoned street, Soho’s most prestigious building welcomes you into a discreet entrance and provides rarely-available underground parking with direct access to secure residential elevators. Also at your disposal is 24-hour hotel-style concierge service, a world-class fitness center, Carrera marble swimming pool, spa with sauna, steam and Jacuzzi, landscaped terrace, courtyard, and wonderful rooftop terrace.

Outside your door is an array of upscale boutiques and restaurants that complete the glamorous picture of downtown city life.

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Apartment Amenities

  • River View
Listing courtesy of Brown Harris Stevens Residential Sales LLC

Pricing History

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About 40 Mercer Street

90

40 Mercer Street has received a CityRealty Rating of 90, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

31
Out of 44
+
26
Out of 36
+
24
Out of 39
+
9
=
90
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Attractive 5 out of 8 points
Retail Quality:
High-End 5 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
Attractive 2 out of 3 points
Contextual Design:
No, but OK 1 out of 3 points
Skyline:
Exists 1 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Not Allowed 2 out of 2 points
Free Standing:
Free Standing 2 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
Attractive 2 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
Part of Historic District 1 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Very Attractive with Trees 4 out of 5 points
Distance To Neighborhood Center:
Less than 20 blocks 4 out of 5 points
Views:
Impressive 3 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Some 2 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
Less than 3 Short Blocks 2 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
3-5 Short Blocks 1 out of 2 points
Distance To Park:
More than 6 Short Blocks 0 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Stunning 5 out of 5 points
Units Per Floor:
3-4 3 out of 5 points
Ceiling:
11-14 Feet 3 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
Yes, with Swimming Pool 2 out of 2 points
Private Gardens:
Substantial 2 out of 2 points
Storage Rooms:
Considerable 2 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
Some 1 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
Yes 1 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
No 0 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • Concierge
  • FT Doorman
  • Post War
  • Resident Storage
  • Central AC
  • Full Service Garage
  • Garden
  • Health Club
  • Pool
  • Rooftop Terrace
  • Elevator
  • Lounge
  • Fitness Center
  • On-Site Parking
  • Outdoor Entertainment Space
  • Courtyard
  • Live-In Superintendent
  • Terraces / Balconies

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Pros
  • Flexible layouts
  • Close to Subway
  • Private Club
  • Prime SoHo location
  • Few apartments
  • Concierge
  • Screening room
  • Good views from upper floors
  • Garage
  • Fitness club with lap pool
  • Good public transportation
  • Free-standing
  • Stunning modern architecture designed by Jean Nouvel
  • Garden lobby lounge
  • Very unusual- operable fenestration
Cons
  • No balconies
  • Some traffic
  • No roof deck
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Subways

  1. J
  2. Z
  3. N
  4. Q
  5. R
  6. 6
at Broadway 0.12 miles
  1. A
  2. C
  3. E
at Thompson 0.23 miles
  1. 1
at Varick 0.30 miles
  1. M
  2. B
  3. D
  4. F
at Houston 0.38 miles

Aerial Imagery

 

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