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25 Mercer Street, #PENTHOUSE

$18,495,000 ($4,252 per ft2) | 4 beds, 4.5 baths | Approx. 4,350 ft2
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35 days on Market

Key Details

  • Listed: Apr 1, 2024
    Days on Market: 35
    Building Type: Condominium
    Neighborhood: SoHo (Manhattan)
Monthly Common Charges: $2,950
Monthly Real Estate Taxes: $9,412
Total Taxes & Fees: $12,362 ($2.84/ft2)
Est. Monthly Mortgage: $102,344
Total Est. Monthly Carrying Cost: $114,706 ($26.37/ft2)
Note: the above is based on a down payment of 20% ($3,699,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Location and History: This luxurious penthouse is located in the heart of the Soho Cast Iron Historic District, in a building built in 1867 and converted in 2016. Its prime location offers close proximity to dining, cafes, fashion, parks, retail, and arts & culture.
  • Space and Design: The spacious 4 bedroom, 4.5 bathroom penthouse boasts 4,350 square feet of living space, featuring high ceilings, a sweeping glass staircase, and direct elevator entry to a private foyer. The lower level includes three guest suites, a lounge/den, and laundry room.
  • Outdoor Features: The property includes a private outdoor roof terrace with 2,620 square feet of space, complete with a fireplace, outdoor kitchen, outdoor TV, and 360-degree views of downtown Manhattan.
  • Kitchen and Wine Room: The chef’s kitchen is equipped with a marble island, integrated Gaggenau appliances, and custom cabinetry. The penthouse also features a glass encased wine room.
  • Primary Suite: The luxurious primary suite comes with a media room, two custom dressing rooms, and a marble bath, providing a sense of exclusivity.
  • Building Amenities and Smart Home Technology: The building offers amenities such as central AC, in-unit washer/dryer, fireplaces, and a virtual doorman. The penthouse is also equipped with smart home technology.

Description

Welcome to the Penthouse at 25 Mercer. This one-of-a-kind Soho loft comprises the top two floors and roof of this classic pre-war building in the heart of the Soho Cast Iron Historic District.

No detail was overlooked when designing this grand four bedroom, four and a half bathroom, 4,350 square feet home with an impressive 2,620 square feet of private outdoor roof terrace. This trophy asset is a true masterpiece.Direct elevator entry opens to a private foyer welcoming you into an expansive living space with dramatic 13-foot ceilings, impressive dining area with linear fireplace and dramatic living room with a sweeping glass staircase.

The refined chef’s kitchen is designed with sophisticated clean lines, marble island, integrated Gaggenau appliances, vented hood, custom cabinetry, Dornbracht fixtures and a beautiful skylight. Adjacent to the kitchen is a glass encased wine room designed for the most discerning wine connoisseur - a piece of art in itself!

A beautiful powder room is off the living space, designed with Vola faucets, heated floors, integrated lighting, and an imported underlit onyx vanity.

Also on the main level, the primary suite is a luxurious sanctuary complete its own media room, two custom dressing rooms, and an elegant marble bath with soaking tub, Vola faucets, double vanity, Toto toilet, radiant heated flooring and a double shower.

The lower level includes three guest or family suites, a lounge/den, laundry room with dry cleaning closet and storage.

Each bedroom suite is complete with an en-suite bathroom designed to evoke meditative relaxation.

The showstopper of this Penthouse is the rooftop terrace, the ultimate space for entertaining or just enjoying an evening taking in New York City under the stars. Dedicated entirely to dueling terraces, which include an integrated fireplace, outdoor kitchen, outdoor TV, multiple private outdoor seating and dining areas, and 360-degree views of downtown Manhattan.

This palatial loft is clad with wide plank white oak hardwood floors, imported natural stone, and marble throughout.Other features of the unit include multi-zone central A/C new dedicated boiler & mechanicals, and a utility room with a washer and dryer. Fully equipped as a smart home, you can digitally control all tech elements from an iPad, iPhone or other mobile device.

Built in 1867, 25 Mercer represents the architectural beauty of New York’s elegant Gilded Age.

Five exclusive residences, ranging from a townhouse, to lofts, to a penthouse, all offer a modern interpretation of the classic Soho loft building, which balance perfectly restored cast iron detailing with sophisticated modern design. Monitored by a 24/7 virtual doorman. Close to dining, cafes, fashion, parks & play, retail, and arts & culture, this building is one of the most desirable locations within the fabled SoHo Cast Iron Historic District.

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Apartment Amenities

  • City View
Listing courtesy of Douglas Elliman Real Estate

Pricing History

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About 25 Mercer Street

80

25 Mercer Street has received a CityRealty Rating of 80, 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

26
Out of 44
+
27
Out of 36
+
17
Out of 39
+
10
=
80
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Distinguished 6 out of 8 points
Retail Quality:
High-End 5 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
Well Done 1 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Not Visible 0 out of 2 points
Local Visibility:
Partially Visible 1 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Not Allowed 2 out of 2 points
Free Standing:
No 0 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 10 blocks 5 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:
3-5 Short Blocks 1 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:
3-6 Short Blocks 1 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:
Quite Stylish 3 out of 5 points
Units Per Floor:
1 5 out of 5 points
Ceiling:
11-14 Feet 3 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
Some 1 out of 1 points
Door Person:
None 0 out of 1 points
Concierge:
None 0 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:
None 0 out of 1 points
Mixed Use:
Yes 1 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Some 1 out of 2 points

Building Amenities

  • Conversion Year: 2016
  • Pre War
  • Central AC
  • Elevator
  • In-Unit Washer/Dryer
  • Fireplaces
  • Landmarked
  • Virtual Doorman

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Pros
  • Fireplaces
  • Convenient shopping
  • Central and fine location in SoHo
  • Very few units
  • Sidewalk landscaping
  • Very deluxe and large apartments
  • Not far from Dean & Deluca
  • Not far from many restaurants
  • Close to Subway
Cons
  • No fitness center
  • No roof deck
  • No doorman
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Subways

  1. J
  2. Z
  3. N
  4. Q
  5. R
  6. 6
at Broadway 0.10 miles
  1. A
  2. C
  3. E
at Thompson 0.17 miles
  1. 1
at Varick 0.26 miles
  1. M
  2. B
  3. D
  4. F
at Houston 0.43 miles

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