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

40 Mercer Street, #23

$6,000,000 ($2,423 per ft2) -7.7% | 3 beds, 4 baths | Approx. 2,476 ft2

Key Details

  • Listed Jul 20, 2020
    Last Price Change -7.7% ($250,000) on Nov 4
    Building Type Condominium
    Neighborhood SoHo
  • Monthly Common Charges $4,401
    Monthly Real Estate Taxes $3,665
    Doorman FT Doorman

Description

Apartment #23 at 40 Mercer Street is the epitome of downtown luxury and style. The spacious layout of this three bedroom, three and a half bathroom home plus an additional home office is extenuated by the soaring 12-foot ceilings and floor to ceiling windows bringing abundant light throughout with Southern and Western exposures. The expansive living and dining area is the perfect place to entertain for any occasion with enough space for multiple seating areas and a large dining table.

The open kitchen features top of the line appliances and is complete with abundant cabinet storage. The primary bedroom suite has a full hallway of custom closets and will fit wardrobes of any size. The en-suite five fixture bathroom features a deep soaking tub, walk-in shower, radiant heated floors, and plenty of storage.

There are two secondary large bedrooms each with an en-suite bathrooms. There is also a bonus room that can be used for a home office or additional bedroom complete with custom millwork & a built-in desk. 40 Mercer is a full-service luxury building designed by hotel visionary Andre Balazs and famed Pritzker Prize-winning architect Jean Nouvel. The building features a 24-hour doorman, concierge, underground parking, indoor 50' T-shape lap pool, a fully equipped fitness center, steam room, sauna, Jacuzzi, landscaped courtyard, and rooftop terrace.

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Pricing History

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Estimated Monthly Cost

About 40 Mercer Street

90

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

31
Out of 44
+
26
Out of 36
+
24
Out of 39
+
9
=
90
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

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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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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

Aerial Imagery

 
About this Building

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Listing provided courtesy of The Corcoran Group
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