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The New Museum Building, 158 Mercer Street, #7MERCER

$12,500,000 ($2,976 per ft2) | 3 beds, 2.5 baths | Approx. 4,200 ft2
Building Profile  | 
38 days on Market

Key Details

  • Listed: Nov 14, 2024
    Days on Market: 38
    Building Type: Condominium
    Neighborhood: SoHo (Manhattan)
    Doorman: FT Doorman
Monthly Common Charges: $6,000
Monthly Real Estate Taxes: $6,843
Total Taxes & Fees: $12,843 ($3.06/ft2)
Est. Monthly Mortgage: $74,695
Total Est. Monthly Carrying Cost: $87,538 ($20.84/ft2)
Note: the above is based on a down payment of 10% ($1,250,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Spacious Loft Design: A remarkable 4,200-square-foot minimalist loft with 16 floor-to-ceiling windows, offering breathtaking views over SoHo and the Hudson River.
  • High Ceilings: Enjoy an airy atmosphere with ceilings just shy of 11 feet, enhancing the sense of space and light throughout the home.
  • Full-Service Amenities: Experience the convenience of a 24-hour doorman and concierge service, ensuring a luxurious lifestyle in the heart of SoHo.
  • Exclusive Roof Deck: Access a common rooftop terrace, perfect for outdoor entertainment and enjoying stunning city views.
  • Prime SoHo Location: Located near designer shopping, acclaimed restaurants, and cultural attractions, offering an unparalleled urban lifestyle.
  • Custom Luxury Finishes: Every detail is meticulously crafted with custom-built beds and closets, and bathrooms featuring solid black schist fixtures.

Description

A 4,200-square-foot minimalist masterpiece in one of the original premier downtown addresses, 158 Mercer Street, 7Mercer is a high-floor, light-filled three-bedroom loft designed by Deborah Berke. The loft is rare in many senses. It includes 16 floor-to-ceiling windows with four full exposures; the western views careen over SoHo and toward the Hudson River. The ceilings are just shy of 11’. Every detail is simplified, with only six materials used throughout: walnut, oak, white colored glass, plaster, stainless steel, and Manhattan schist, which is a dark, garnet-flecked stone.

Each fixture is identical and standardized. Parallel lines and repetition suffuse the home with light, air, and order; even the grain of the ebonized oak floor flows in straight lines. Glass and scrims conduct light deep into the interior of the loft, creating one of the few true lofts that is bright throughout. The principal bedroom is separated from the public spaces by a white glass wall, allowing light but assuring full privacy.

Each bed is custom-built for the space, as are the closets. In the bathrooms, the tub and sinks are custom fabricated from solid blocks of black schist. A harbinger of SoHo’s luxury loft boom, The New Museum Building at 158 Mercer Street is a turn-of-the-century cast iron building that was converted to lofts in 1996. A full-service condominium, the building offers a 24-hour doorman, a common roof deck, and two entrances for discreet entry and egress.

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Listing courtesy of Compass

Pricing History

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About The New Museum Building, 158 Mercer Street

86

The New Museum Building, 158 Mercer Street has received a CityRealty Rating of 86, 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

27
Out of 44
+
29
Out of 36
+
20
Out of 39
+
10
=
86
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Architectural Masterpiece 8 out of 8 points
Retail Quality:
High-End 5 out of 5 points
Canopy Entrance:
No Canopy 1 out of 3 points
Alterations:
Well Done 1 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
No, but Very Good 3 out of 3 points
Skyline:
Highly Visible 2 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Allowed and Present 0 out of 2 points
Free Standing:
No 0 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 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:
Outstanding 5 out of 5 points
Distance To Neighborhood Center:
Less than 30 blocks 3 out of 5 points
Views:
Dazzling 4 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
A lot 0 out of 3 points
Protected Views:
Many 2 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:
Less than 3 Short Blocks 2 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 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:
Minimal but Attractive 2 out of 5 points
Units Per Floor:
2 4 out of 5 points
Ceiling:
11-14 Feet 3 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 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:
Yes 1 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:
None 0 out of 1 points
Mixed Use:
Yes 1 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • Conversion Year: 1996
  • Attended Lobby
  • Concierge
  • FT Doorman
  • High-Rise
  • Pre War
  • Resident Storage
  • Central AC
  • Intercom
  • Rooftop Terrace
  • Washer/Dryer in building
  • Elevator
  • Outdoor Entertainment Space
  • In-Unit Washer/Dryer
  • Fireplaces
  • Terraces / Balconies

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Pros
  • Architectural masterpiece
  • Doorman
  • Concierge
  • Roof deck
  • Very close to subway
  • Close to shops, restaurants and galleries
  • Very few apartments
  • High ceilings
Cons
  • No garage
  • No fitness center
  • No sidewalk landscaping
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Subways

  1. N
  2. R
at Broadway 0.04 miles
  1. M
  2. B
  3. D
  4. F
  5. 6
at Houston 0.08 miles
  1. C
  2. E
at 6th Ave and Vandam 0.33 miles
  1. J
  2. Z
at Delencey 0.38 miles
  1. Q
at Broadway 0.43 miles
  1. 1
at Varick 0.46 miles
  1. A
at Thompson 0.48 miles

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