85 Mercer Street is a historic cast-iron building located in SoHo's Cast Iron Historic District, originally constructed in 1856. The 5-story cooperative structure features 16 units and spans 50 feet in width, showcasing the neighborhood's characteristic architectural elements including a classic cast iron façade. The building retains many original pre-war details such as soaring tin-pressed ceilings, Corinthian columns, and oversized windows typical of SoHo's industrial past.
The building has attracted notable architectural talent, with various units renovated by distinguished designers including AD100 architect Tony Ingrao and Pritzker Prize-winning architect Thom Mayne. Many apartments feature thoughtful modernizations while preserving historic elements, with some units boasting ceiling heights up to 14 feet and premium finishes.
Several spectacular penthouses crown the building, offering extensive outdoor spaces and panoramic city views. The building maintains an elevator, though some lower-floor units may be walk-ups. A basement provides additional storage space for residents.
As a non-AIR cooperative, the building offers flexible ownership policies, permitting pied-à-terre use, subletting, and purchase through LLCs and trusts. Pets are considered on a case-by-case basis. The building's location at the intersection of Mercer and Spring Streets places it at the heart of SoHo's coveted shopping and dining district.
The cooperative has been thoughtfully maintained while preserving its historic character, representing a prime example of SoHo's architectural heritage while providing modern amenities expected in luxury downtown living.
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For some co-ops, instead of price per square foot, we use an estimate of the number of rooms for each sold apartment to chart price changes over time. This is because many co-op listings do not include square footage information, and this makes it challenging to calculate accurate square-foot averages.
By displaying the price per estimated room count, we are able to provide a more reliable and consistent metric for comparing sales in the building. While we hope that this gives you a clearer sense of price trends in the building, all data should be independently verified. All data provided are only estimates and should not be used to make any purchase or sale decision.