115 Mercer Street: Review and Ratings

Review of 115 Mercer Street by Carter Horsley

The handsome, twin-building residential conversion at 115 Mercer Street in Soho between Prince and Spring Streets was completed in 2007.

The 6-story buildings each have a broken pediment above their cornices and each building has a penthouse and 3 loft units. Prices range from about $2.8 to $8.5 million.

The buildings were erected in 1872 and designed by Julius Boekell.

DCD Capital LLC of which Michael Betancourt and Siraj Dadabhoy are principals is the sponsor.

The buildings have rusticated pilasters and unified store frontage and arched windows. They are on a very nice cobblestone street and is not far from the Mercer Hotel, Dean & Deluca and there is a subway station at Broadway and Prince Street.

The apartments have French walnut open-plan kitchens with honed Crema Royale countertops, four-burner Wolf ranges, Wolf ovens and microwaves, Sub Zero refrigerators, GE wine coolers and Miele dishwashers.

Bathrooms have Zuma soaking tubs, Calacata marble vanities with her and his Kohler basins, heated limestone floors and towel racks and Miele Novatronic washers and dryers.

The building has a ramped entrance with a video-intercom stanchion. It has no balconies, no garage and no sidewalk landscaping.

Penthouse B has a fireplace and sliding glass doors that open to the West, East and South onto 2,500 square feet of terrace and a glass atrium. The Penthouse unit also has a fireplace, a 47-foot-10-inch by 24-foot-8-inchy living/dining area, and six large windows overlooking Mercer Street.

The building has a small but elegant wood-paneled lobby with a key-access elevator and the penthouse units have access to Quintessentially, a concierge service.

DCD Capital LLC is part of DCD America whose properties include 25-7 Mercer Street, 57-63 Greene Street, 11 East 44th Street, 55 East 59th Street, and part interests in 420 Fifth Avenue and 86 Chambers Street.

DCD America is part of the DCD Group, which is based in the United Kingdom.