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40 Mercer Street, #20

Listing no longer available on CityRealty as of Dec 20, 2018
It previously was on the market for a total of 464 days.
Last Sold on Aug 16, 2022 for $3,800,000
2 beds, 2 baths | Approx. 1,415 ft2
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  • Buyers
  • Jeffrey Shames
  • Sellers
  • Joseph Liran Jeng, Trustee
  • Marrina Chwan-ji Jeng, Trustee
  • The Jeng Family Trust
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3 apartments are currently available in this building.
464 days on Market

Pricing History

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Key Details

  • Listed: Sep 12, 2017
    Last Price Change: ($300,000) on Apr 19
    Days on Market: 464
    Building Type: Condominium
    Neighborhood: SoHo (Manhattan)
    Doorman: FT Doorman
Monthly Common Charges: $2,515
Monthly Real Estate Taxes: $2,147
Total Taxes & Fees: $4,662 ($3.29/ft2)
Est. Monthly Mortgage: -
Total Est. Monthly Carrying Cost: $25,622 ($18.11/ft2)
Note: the above is based on a down payment of 20% ($790,000), which is the minimum amount permitted by the building.

Description

FOR INVESTOR ONLY. 40 Mercer Residences has been the best of the best condos in Soho of downtown Manhattan. This 1400sf + loft like apartment is a 2 bedroom 2 baths luxury home. It features 11ft ceilings, wall of windows onto Broadway affording tremendous light, air and energy.

40 Mercer is a collaboration between Andre Balazs and famed architect Jean Novel to build this extraordinary testament to modern luxury, elegance, progressive architecture, and ingenious engineering in Downtown Soho. This stunning building offers magnificent glass curtain walls with a rhythm of panes in vibrant hues of red and blue. The building also offers a dramatic 24-hour attended lobby with a soaring 30 Ft. high ceiling, landscaped courtyard and rooftop gardens.

Underground valet parking, Sohos most prized amenity, is available to all residents, a private club and bath house featuring a 50-foot T-shaped lap pool, a steam room, sauna, spa-jet pool and a fully equipped fitness center. This won't last. Please contact us for a private viewing.

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Apartment Amenities

  • Washer/Dryer in apt.

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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Other Apartments Available in this Building (2)

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