109 MERCER Street #5M, Manhattan, NY 10012
109 MERCER Street #5M, Manhattan, NY 10012
109 MERCER Street #5M, Manhattan, NY 10012
109 MERCER Street #5M, Manhattan, NY 10012
109 MERCER Street #5M, Manhattan, NY 10012
109 MERCER Street #5M, Manhattan, NY 10012
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Listing Courtesy of PROMEST
$ 4,795,000
Est. payment | /mo

3 Beds

3 Baths

2,177 SqFt


Save
$ 4,795,000
Est. payment | /mo
Save

3 Beds

3 Baths

2,177 SqFt

Key Details

Property Type Condo

Sub Type Condo

Listing Status Active

Purchase Type For Sale

Square Footage 2,177 sqft

Price per Sqft $2,202

Subdivision Soho

MLS Listing ID RLS20113218

Style Loft

Bedrooms 3

Full Baths 3

HOA Fees $3,887/mo

HOA Y/N Yes

Year Built 2006

Property Sub-Type Condo

Property Description

A rare full-floor SoHo recent condominium offering scale, privacy, immediate income and long-term potential. Currently leased through December 2027, the residence offers a compelling opportunity for an investor seeking income today or a future end user looking to secure a substantial SoHo home now and plan ahead. Arrive directly by private keyed elevator into this impressive 2,177-square-foot, 3-bedroom, 3-bath residence, defined by approximately 14-foot ceilings and a dramatic wall of oversized east-facing windows. The expansive living and dining space features custom wood paneling with concealed storage and television, while the open chef's kitchen is equipped with custom cabinetry, Sub-Zero refrigeration, Gaggenau cooking appliances, Bosch double ovens and a built-in Miele coffee system. The distinctive multi-level layout provides exceptional separation between entertaining and private spaces. Upstairs, the primary suite enjoys south and west exposures, generous closets and a marble bath with soaking tub, separate rain shower and double vanity. An adjacent mezzanine overlooking the living room is ideal for a home office. Two additional bedrooms and a full bath occupy the lower level. For an investor, the existing lease provides immediate income from day one and makes the property particularly attractive for buyers considering a 1031 exchange. For a future end user, it offers the opportunity to secure a prime SoHo residence today while using the lease period to plan and prepare a future renovation, if desired. Additional features include central air conditioning, electric shades, an in-unit washer/dryer and private elevator access. No A.I.R. restrictions. Located on Mercer Street in the heart of SoHo, this is a distinctive opportunity to acquire a true residential condominium combining loft-like scale and character with the flexibility of modern condo ownership.

Location

State NY

County New York

Building/Complex Name Mercer Greene

Rooms

Basement Other

Interior

Interior Features High Ceilings, Walk-In Closet(s)

Cooling Central Air

Fireplaces Number 1

Fireplaces Type Other

Fireplace Yes

Appliance Dishwasher

Laundry Building Other, Washer Hookup, In Unit

Exterior

Exterior Feature None

Pool Building None

View Y/N Yes

View Other

Porch None

Private Pool Yes

Building

Dwelling Type High Rise

Story 7

New Construction No

Others

Ownership Condominium

Monthly Total Fees $3, 887

Special Listing Condition Standard

Pets Allowed Building Yes, Yes

REBNY-IDX

NEARBY SCHOOL & BUSINESS

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109 MERCER Street #5M