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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
$3,262
Avg. Price / ft2
$140
Avg. Price / ft2
$3,785
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 (1)

1
Available Apts
$7.2M
Price Range
$3,262
Avg. Price / ft2
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Apartments for Rent at 40 Mercer Street (4)

4
Available Apts
$14,500
Prices Start At
$140
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
 
 

Sales Summary - Past 12 Months

View By Apartment Sizes
Past 12 Months
$3,785
Avg. Price / ft2
Based on 1 Sales
 

Closing History - Last 10 sales

View All Closed Transactions
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.
  • 192 Available for Sale
  • $2,277 Avg. Price / Ft2
  • $5,272,995 Avg. Price
  • $3,697,500 Median Price
  1. Most Expensive The Tulip Building Apt PENTHOUSE | $48,500,000
    Price / ft2 $6,063
  2. Least Expensive 185 West Houston Street Apt 1B | $475,000
Not enough data available to generate chart.
  • 66 Available for Rent
  • $85 Avg. Price / Ft2
  • $16,376 Avg. Price
  • $12,963 Median Price
  1. Most Expensive 62 Wooster Street Apt PH | $75,000
    Price / ft2 $130
  2. Least Expensive 110 Thompson Street Apt 4C | $2,400
Data is based on sales from past 12 months and only transactions for which we have approximate square footage information available are included above
Not enough data available to generate chart.
  • 174 Total Sales
  • $2,004 Avg. Price / Ft2
  • $3,616,618 Avg. Price
  • $2,600,000 Median Price
  1. Most Expensive 42 Crosby Street Apt PH | $19,102,750
    Price / ft2 $3,264
  2. Least Expensive 110 Thompson Street Apt 3E | $412,500

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For More Information
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