250 Mercer Street is a distinctive pre-war complex occupying an entire Greenwich Village block, comprising nine buildings dating to 1890 that were converted to 277 residential units in 1980. The conversion was executed by Raynes & Leichter with architect Henry G. Greene, while the notable 697 Broadway building was originally designed by William C. Frohne, featuring distinctive limestone-clad lower floors and decorative owls on its façade.
The complex offers diverse apartment layouts ranging from studios to dramatic quadraplexes, with many units featuring soaring ceilings of 11-14 feet, original architectural details, and some with fireplaces. The variety of configurations reflects the building's commercial-to-residential conversion heritage, with some units offering multiple levels and dramatic spaces.
The 697 Broadway portion, originally known as the Braender Building and later the Merchants' Building, is particularly notable for its architectural details, including its restored cornice and distinctive owl sculptures. The building underwent significant restoration in the early 1990s, including the replacement of its historic cornice.
Residents enjoy a comprehensive amenity package including 24-hour doorman service, a live-in superintendent, a landscaped courtyard featuring murals by Evergreene Painting Studios, a furnished roof deck, bike storage, and laundry facilities. The courtyard provides a peaceful sanctuary within the urban setting.
The building's policies are designed to accommodate modern living needs, allowing subletting after two years of ownership, co-purchasing, and welcoming pets for owners. A 2% flip tax applies to sales.
Its location offers exceptional access to downtown Manhattan, situated between Greenwich Village and NoHo, just two blocks from Washington Square Park and NYU. The property provides easy access to multiple subway lines and is within walking distance to SoHo, Nolita, and the East Village's dining, shopping, and cultural attractions.
Apartment configurations vary significantly, from efficient studios to elaborate multi-level homes. Some notable layouts include duplexes with double-height living rooms, units with private terraces, and homes featuring unique architectural elements like spiral staircases and clerestory windows.
The building's pre-war industrial heritage is evident in its architectural details, including exposed columns, high ceilings, and large windows, while modern renovations have brought contemporary amenities and finishes to many units.
Limited off-market opportunities might be available at 250 Mercer Street – ideal for those looking to explore listings not currently on the market. Contact us to learn more.
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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.
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