2 months on rocket

40 Mercer St Unit Ph7, New York City, NY, 10013

$14,950,000

4 Bedrooms
3 Full Baths, 1 Partial
3,006 SqFt
$4,973/SqFt
Condo

Location

Image provided by Mapbox

Property Highlights

Home TypeCondominium
ParkingGarage, Valet
Year Built2005
CoolingCentral Air
MLS #COMP-1603672347414382817
StatusActive

About 40 Mercer St Unit Ph7

A private landscaped park with a pool right off your living room in the heart of Soho. Enjoy unrivaled indoor/outdoor living in Penthouse 7 at 40 Mercer. With almost 1,600 square feet of beautifully landscaped outdoor space wrapping around two sides of the apartment, Penthouse 7 reimagines downtown luxury living. With 11+” ceilings, and featuring four bedrooms and three and a half bathrooms across 3,000+ square feet, the home seamlessly integrates the indoor and outdoor lifestyle with floor-to-ceiling windows and terrace access from every room. Privacy plantings, and a secure elevator managed by the concierge, create a discreet oasis in the heart of SoHo. Sunlit and dramatic, the 53.5’ great room transforms into an indoor and outdoor oasis through a one-of-a-kind sliding wall of windows to the wrap-around terrace. Truly a private park in the sky, the terrace is complete with a landscaped garden lined in mature Birch, Maple, and Royal Purple Smoke trees and a custom Endless Pool. Independent from the grand entertaining space, the custom Bulthaup kitchen features stainless steel cabinets, Thassos marble countertops and is outfitted with a suite of Miele and Gaggenau appliances. The main bedroom wing occupies the entire southwest corner of the Penthouse. The 24’ x 16’ primary suite has private access to the terrace and an entire dressing room with 12 custom closets. Serene and luxurious, the primary bathroom features heated floors, soaking tub, separate stall shower and Toto washlet. The additional three bedrooms are all generously proportioned; one is positioned as a separate suite on the northeast corner, perfect for guests. Additional highlights include custom walnut built-ins, handmade Belgium bronze hardware, private mud room and in-unit washer/dryer. The result of a masterful partnership between Andre Balazs and Pritzker Prize-winning architect Jean Nouvel, 40 Mercer is a 14 story, ultra-luxury, white glove condominium in prime Soho. Amenities include a 24 hour doorman and concierge, private garage with valet parking (separate fee), health club with a Pilates center, and a 50’ lap pool. Co-Exclusive with AA Management NYC.

Property Details

Property Features

Property Information:

  • Year Built: 2005
  • Living Area: 3,006 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (212) 913-9058
  • Listing Agent: Nicholas Gavin
  • Agent Phone: (646) 610-3055

Interior Features

Interior Information:

  • Flooring Type: Hardwood
  • Interior: Sauna, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Garden

Parking Information:

  • Attached Garage: No
  • Parking: Garage, Valet

Utilities

Utilities Information:

  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $14,950,000
  • Price Per SqFt: $4,973/SqFt

HOA Fees:

  • Amount: $7819
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in New York, NY.

Med. Sold Price

$856.1K

Med. Price/SqFt

$645

Avg. Days On Market

84

# of Sold Homes

1952

40 Mercer St Unit Ph7 vs New York

64 DAYS ON ROCKET

-20 Days

$14,950,000

+$14.0M More

$4,973/SqFt

+$4.3K More

KEY TAKEAWAY

This property is $14.0M more than the Median Sold Price and $4.3K/SqFt more than other homes in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #COMP-1603672347414382817

Listing Office:

  • Office Name: Compass
  • Office Phone: (212) 913-9058
  • Listing Agent: Nicholas Gavin
  • Agent Phone: (646) 610-3055

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Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.

This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

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Last updated on: 11/7/2024, 10:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$82.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$44.8K

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-315963
8
/10
  • P.S. 130 Hernando De Soto School

  • 143 Baxter St

  • 0.21 miles

  • Public District Grades KG-5

school-card-donut-315964
9
/10
  • P.S. 124 Yung Wing School

  • 40 Division St

  • 0.56 miles

  • Public District Grades PK-5

school-card-donut-315965
9
/10
  • PS 150

  • 334 Greenwich St

  • 0.57 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $187,500. Typical income of New York, NY residents is $200k+ annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 40 Mercer St Unit Ph7

What is the listing price of this property?

The listing price of 40 Mercer St Unit Ph7 property is $14,950,000.

What type of property is this?

The property 40 Mercer St Unit Ph7 is a condo located in New York City, New York, 10013.

Is this property for sale now?

Active Listing: 40 Mercer St Unit Ph7 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 40 Mercer St Unit Ph7 has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 40 Mercer St Unit Ph7 is 3,006 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 40 Mercer St Unit Ph7 is 2005.
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Rocket HomesNew YorkNew York1001340 Mercer St Unit Ph7

This home is located at 40 Mercer St Unit Ph7 in New York City, NY and zip code 10013 in the SoHo neighborhood. This 3,006 square foot home was built in 2005. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 04, 2024 and is currently priced at $14,950,000.

In October 2024, from all listings sold in New York, NY there were more than 269 sold above asking price, over 833 sold below and more than 850 were sold right at the asked price. Between September 2024 and October 2024, New York, NY real estate market has seen increase in the number of listings by 1.8%. Listings spent 84 days on the market in October 2024, and had a median list price of $856,124 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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