It previously was on the market for a total of 464 days.

Last Sold on Aug 16, 2022 for $3,800,000

2 beds, 2 baths | Approx. 1,415 ft²

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Buyers
Jeffrey Shames

Sellers
Joseph Liran Jeng, Trustee
Marrina Chwan-ji Jeng, Trustee
The Jeng Family Trust

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4 apartments are currently available in this building.

464 days on Market

Pricing History

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Key Details

Listed: Sep 12, 2017

Last Price Change: -7.1% ($300,000) on Apr 19

Days on Market: 464

Building Type: Condominium

Neighborhood: SoHo (Manhattan)

Doorman: FT Doorman

Monthly Common Charges: $2,515

Monthly Real Estate Taxes: $2,147

Total Taxes & Fees: $4,662 ($3.29/ft²)

Est. Monthly Mortgage: -

Total Est. Monthly Carrying Cost: $26,434 ($18.68/ft²)

Note: the above is based on a down payment of 20% ($790,000), which is the minimum amount permitted by the building.

Description

FOR INVESTOR ONLY. 40 Mercer Residences has been the best of the best condos in Soho of downtown Manhattan. This 1400sf + loft like apartment is a 2 bedroom 2 baths luxury home. It features 11ft ceilings, wall of windows onto Broadway affording tremendous light, air and energy.

40 Mercer is a collaboration between Andre Balazs and famed architect Jean Novel to build this extraordinary testament to modern luxury, elegance, progressive architecture, and ingenious engineering in Downtown Soho. This stunning building offers magnificent glass curtain walls with a rhythm of panes in vibrant hues of red and blue. The building also offers a dramatic 24-hour attended lobby with a soaring 30 Ft. high ceiling, landscaped courtyard and rooftop gardens.

Underground valet parking, Sohos most prized amenity, is available to all residents, a private club and bath house featuring a 50-foot T-shaped lap pool, a steam room, sauna, spa-jet pool and a fully equipped fitness center. This won't last. Please contact us for a private viewing.

Apartment Amenities

Washer/Dryer in apt.

About 40 Mercer Street

40 Mercer Street has received a CityRealty Rating of 90, 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

Out of 44

Out of 36

Out of 39

Out of 119

Architecture Rating: Points Breakdown

Exterior:

Very Attractive 5 out of 8 points

Retail Quality:

High-End 5 out of 5 points

Canopy Entrance:

Attractive 2 out of 3 points

Alterations:

None 2 out of 2 points

Plaza Or Atrium:

Attractive 2 out of 3 points

Contextual Design:

No, but OK 1 out of 3 points

Skyline:

Exists 1 out of 2 points

Local Visibility:

Highly Visible 2 out of 2 points

Watertank:

Attractively Enclosed 2 out of 2 points

Airconditioners:

Not Allowed 2 out of 2 points

Free Standing:

Free Standing 2 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 20 blocks 4 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:

Less than 3 Short Blocks 2 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:

More than 6 Short Blocks 0 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:

Stunning 5 out of 5 points

Units Per Floor:

3-4 3 out of 5 points

Ceiling:

11-14 Feet 3 out of 4 points

Balconies:

None 0 out of 3 points

Health Club:

Yes, with Swimming Pool 2 out of 2 points

Private Gardens:

Substantial 2 out of 2 points

Storage Rooms:

Considerable 2 out of 2 points

Bay Windows:

None 0 out of 1 points

Fireplaces:

Some 1 out of 1 points

Door Person:

Yes 1 out of 1 points

Concierge:

Yes 1 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:

Yes 1 out of 1 points

Mixed Use:

No 0 out of 1 points

Non Rectilinear Form:

No 0 out of 1 points

Unusual Layouts:

Some 1 out of 1 points

Prewar:

No 0 out of 1 points

Other Amenities:

Many 2 out of 2 points

Condo
Built in 2006
41 Apartments
13 Floors

Building Amenities

Concierge
FT Doorman
Post War
Resident Storage
Central AC
Full Service Garage
Garden
Health Club
Pool
Rooftop Terrace
Elevator
Lounge
Fitness Center
On-Site Parking
Outdoor Entertainment Space
Courtyard
Live-In Superintendent
Terraces / Balconies

About this Building

Map View | Street View

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Other Apartments Available in this Building (2)

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40 Mercer Street, #20

Pricing History

Key Details

Description

Apartment Amenities

About 40 Mercer Street

40 Mercer Street has received a CityRealty Rating of 90, based on:

Rating Summary

Architecture Rating: Points Breakdown

Location Rating: Points Breakdown

Features Rating: Points Breakdown

Building Amenities

Map View | Street View

Other Apartments Available in this Building (2)

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