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A blog from CityRealty (Links below will take you to the 6sqft site)

40 Mercer Street

Between Broome Street & Grand Street

Key Details

  • Year Built 2006
    Building Type Condominium
    Neighborhood SoHo
  • Total Apartments 41
    Total Floors 13
    Doorman FT Doorman
$3,391
Avg. Price / ft2
$159
Avg. Price / ft2

Rating

31
Out of 44

Architecture Rating: 31 / 44

+
26
Out of 36

Location Rating: 26 / 36

+
24
Out of 39

Features Rating: 24 / 39

+
9
=
90

CityRealty Rating Reference

 
Architecture
  • 30+ remarkable
  • 20-29 distinguished
  • 11-19 average
  • < 11 below average
 
Location
  • 27+ remarkable
  • 18-26 distinguished
  • 9-17 average
  • < 9 below average
 
Features
  • 22+ remarkable
  • 16-21 distinguished
  • 9-15 average
  • < 9 below average
  • #29 Rated condo - Downtown
  • #3 Rated condo - SoHo
 

Description

40 Mercer Street was designed by “starchitect” Jean Nouvel. 

Located in SoHo, it stretches from Mercer to Broadway along Grand Street and contains apartments that feature high ceilings – ranging between 11 and 12 feet – premium appliances, expansive spaces and well-appointed bathrooms.

40 Mercer Street’s glass exterior and deep blue top distinguish it from nearby buildings. Residents have access to such amenities as a 24-hour doorman and concierge, a garage with valet parking, private storage, a landscaped rooftop and an M40 club whose use is restricted to residents.

It is near restaurants and boutiques in the surrounding neighborhood and is also convenient to public transportation.

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Building Amenities

  • Concierge
  • FT Doorman
  • Post War
  • Basement Storage
  • Central AC
  • Full Service Garage
  • Garden
  • Health Club
  • Pool
  • Roof Deck
  • Elevator
  • Lounge
  • Fitness Center
  • On-Site Parking
  • Outdoor Entertainment Space
  • Courtyard
  • Live-In Superintendent
  • Terraces / Balconies
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Apartments for Sale at 40 Mercer Street (3)

3
Available Apts
$7.2M - $9.5M
Price Range
$3,391
Avg. Price / ft2
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Apartments for Rent at 40 Mercer Street (1)

1
Available Apts
$39,950
Prices Start At
$159
Avg. Price / ft2
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Carter Horsley's Review

Carter Horsley's Building Review
"This handsome, modern, 13-story, 41-unit glass tower at 40 Mercer Street was completed in 2006.

This was the first project to be completed in New York by Jean Nouvel, the well-known French architect." Read Carter's Full Review
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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More Neighborhood Info

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
 
 

Closing History - Last 10 sales

10
Units Sold
$3.2M - $12.4M
Price Range
$3,381
Avg. Price / ft2

Pricing Comparison of Similar Buildings

View Detailed Comparison

In The Neighborhood: What’s Available & Sales Stats

Not enough data available to generate chart.
  • 183 Available for Sale
  • $2,157 Avg. Price / Ft2
  • $4,935,568 Avg. Price
  • $3,650,000 Median Price
  1. Most Expensive The Tulip Building Apt PENTHOUSE | $43,750,000
    Price / ft2 $5,469
  2. Least Expensive 143 Sullivan Street Apt G2 | $525,000
Not enough data available to generate chart.
  • 46 Available for Rent
  • $85 Avg. Price / Ft2
  • $15,537 Avg. Price
  • $10,998 Median Price
  1. Most Expensive 74 Wooster Street Apt TH | $80,000
    Price / ft2 $80
  2. Least Expensive 149 Sullivan Street Apt 3C | $3,500

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