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40 Mercer Street, NYC - Condo Apartments
40 Mercer Street, NYC - Condo Apartments
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40 Mercer Street

40 Mercer Street

Doorman condo located in SoHo, between Broome Street & Grand Street

40 Mercer Street Location Map
  • Apartments For Sale (1) $4,524 Avg. price/ft2
  • Recent Sales (6) $2,907 Avg. price/ft2
  • All Units in Building (41)
Unit #
Beds
Baths
Size
Price / Ft2
Price
Listed on
Days on Market
Unit #
Beds
Baths
Size
Closing Price
Price / Ft2
Asking Price
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Overview of 40 Mercer Street

40 Mercer Street stands as one of SoHo's most architecturally significant residential buildings, designed by Pritzker Prize-winning French architect Jean Nouvel in collaboration with renowned hotelier André Balazs. Completed in 2006, this 14-story, 41-unit luxury condominium occupies an entire blockfront on Grand Street between Mercer Street and Broadway. The building's striking glass façade features distinctive red and blue fenestration and a deep blue rooftop that makes it an unofficial landmark of the neighborhood. Originally conceived as a hotel, the project was converted to residential use following the September 11 attacks, with Balazs adding two additional stories to accommodate the change.

The building's apartments showcase Nouvel's innovative design philosophy, featuring 11-12 foot ceilings and massive floor-to-ceiling windows, some of which are electronically retractable - a rarity in New York residential buildings. Units range from 1,800 to over 3,000 square feet, with many featuring dramatic great rooms up to 57 feet in length, custom sliding walls that can expand living spaces, and chef's kitchens designed by prestigious European firms like Bulthaup and Molteni. The penthouses are particularly notable, offering private pools and nearly 1,600 square feet of landscaped terraces with mature trees, creating what's described as "a private park in the sky." Celebrity residents have included Meg Ryan.

The building's amenities rival those of a five-star hotel, reflecting Balazs's hospitality expertise. Residents enjoy 24-hour white-glove concierge service, underground valet parking with direct building access, and the exclusive M40 club featuring a 50-foot T-shaped lap pool with Carrara marble walls, a fully equipped fitness center with Pilates reformer, and spa facilities including sauna, steam room, and 12-person Jacuzzi. Additional amenities include landscaped rooftop and courtyard spaces, private storage, and a residents-only lounge with catering bar and projection screens.

Located on a quiet cobblestone street in prime SoHo, 40 Mercer Street represents a successful fusion of cutting-edge architecture and luxury hospitality. The building's use of massive glass panels up to 7 by 12 feet was considered the most advanced residential glass application in the United States at the time of construction. With its combination of architectural pedigree, exceptional amenities, and prime location among SoHo's cast-iron architecture and high-end boutiques, the building has established itself as one of downtown Manhattan's most prestigious addresses.

Year Built
2006
Apartments
41
Floors
13
Pets: Allowed
Neighborhood
Min Down
20%
41Apartments
View All Past
Sales & Rentals
in 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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Nearby Subways

  1. J
  2. Z
  3. N
  4. Q
  5. R
  6. 6
at Broadway 0.13 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 0.37 miles

Pros & Cons

  • Flexible layouts
  • Close to Subway
  • M40 club exclusively for residents with fitness center, pool, and lounge
  • Prime SoHo location
  • Few apartments
  • Concierge
  • Lounge with catering bar and projection screen for residents
  • Good views from upper floors
  • Underground valet parking with direct building access
  • 50-foot T-shaped lap pool with spa, sauna, steam room, and Jacuzzi
  • Good public transportation
  • Free-standing
  • Stunning modern architecture designed by Jean Nouvel
  • Garden lobby lounge
  • Very unusual- operable fenestration
  • High ceilings ranging from 11-12 feet throughout apartments
  • Premium appliances including Gaggenau, Miele, and Sub-Zero
  • Private storage available for residents
  • Partially faces a quiet cobblestone street location in heart of SoHo
  • Spa amenities with sauna, steam room, and massage services
  • White-glove full-service building with live-in superintendent
  • Limited outdoor space except for penthouse units with extensive terraces
  • Some traffic
  • No roof deck

CityRealty Rating

31
/44
Architecture
+
26
/36
Location
+
24
/39
Features
+
9
Editor’s Points
=
90
CITYREALTY
RATING
  • How is the CityRealty Rating calculated?

    Architecture
    • 30+ remarkable
    • 20-29 distinguished
    • 11-19 average
    • < 11 below average
    Location
    • 27+ remarkable
    • 18-26 distinguished
    • 9-17 average
    • < 9 below average
    Features
    • 22+ remarkable
    • 16-21 distinguished
    • 9-15 average
    • < 9 below average

Broker & Buyer Comments

This "ultra-luxe" Jean Nouvel-designed tower stands as "one of Manhattan's most prestigious" new residential addresses, featuring "breathtaking" amenities including a "stunning" 50-foot lap pool, "state-of-the-art" private spa, and "one of the most beautiful" fitness centers in the city. The "impeccably serviced" building offers 24/7 concierge, full-time doorman, and valet parking, while the "over-the-top" features extend to a private screening room and catering bar. A "masterpiece of luxury living" that exemplifies "contemporary sophistication."

Sales History by Apartment Size

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Pricing Comparison of Similar Buildings

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Noteworthy Residents

Notable past and present residents at 40 Mercer Street

Editorial Coverage

Front & York
at York Street corner of Front Street
DUMBO
Manhattan views and Brooklyn character, 1 - 4-bed condos from $995K, 150,000-sf of indoor and outdoor amenities.
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