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40 Mercer Street, #33

$7,750,000 ($3,513 per ft2) -2.5% | 2 beds, 3 baths | Approx. 2,206 ft2
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69 days on Market

Key Details

  • Listed: Mar 11, 2024
    Last Price Change: -2.5% ($200,000) on May 7
    Days on Market: 69
    Building Type: Condominium
    Neighborhood: SoHo (Manhattan)
    Doorman: FT Doorman
Monthly Common Charges: $4,903
Monthly Real Estate Taxes: $4,736
Total Taxes & Fees: $9,639 ($4.37/ft2)
Est. Monthly Mortgage: $41,624
Total Est. Monthly Carrying Cost: $51,263 ($23.24/ft2)
Note: the above is based on a down payment of 20% ($1,550,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Prime Location: This elegant, loft-like 2 bedroom, 2.5 bath residence is located in the prime SoHo neighborhood, close to upscale boutiques, restaurants, and excellent public transportation options. The apartment, designed by renowned architect Jean Nouvel and hôtelier Andre Balasz, overlooks SoHo’s grandest architecture through walls of windows.
  • Exclusive Design and Amenities: The apartment features voluminous 11’ ceilings, elegant wood floors, a top-of-the-line Varenna kitchen, and a primary bedroom with massive windows, two custom built closets, and a spa-like ensuite bathroom. The building offers a world-class fitness center, Carrera marble swimming pool, spa with sauna, steam and Jacacuzzi, a courtyard, and a landscaped rooftop terrace.
  • Convenience and Service: Enjoy the convenience of direct elevator access to the apartment and underground parking with direct access to secure residential elevators. The building also offers 24-hour hotel-style concierge service, a full service garage, resident storage, and a live-in superintendent.
  • Modern Architecture: The building, a stunning example of modern architecture, features a glass exterior and deep blue top, designed by Jean Nouvel. The few apartments in the building ensure privacy and exclusivity.
  • Private Club and Entertainment: Residents have access to a private club, a screening room, and a fitness club with a lap pool. The building also includes an outdoor entertainment space, terraces/balconies, and a garden lobby lounge.
  • Central AC and Outdoor Spaces: The building is equipped with central AC and offers outdoor entertainment spaces, terraces/balconies, and a garden lobby lounge, providing residents with plenty of options for relaxation and entertainment.

Description

*Tenant in place; require full 24 hour notice for showings. An enviable living destination for the most discerning, Apartment 33 on the ninth floor at Soho’s exclusive modern masterpiece, 40 Mercer Street, offers the utmost privacy, luxury and discretion for its privileged Resident(s). Direct elevator access opens to this corner loft-like 2 bedroom, 2.5 bath residence with elegant wood floors, voluminous 11’ ceilings, and walls of windows overlooking Soho’s grandest architecture. Eastern and southern exposures brighten the expansive living/dining room, perfect for lavish gatherings, seamlessly served by a top-of-the-line Varenna kitchen. The primary bedroom is a relaxing retreat with massive windows, two custom built closets, and a spa-like ensuite bathroom. Designed by renowned architect Jean Nouvel and hôtelier extraordinaire Andre Balasz, this showplace exudes sophistication in every detail.

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 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, courtyard, and landscaped 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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Listing courtesy of OFFICIAL

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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