Seller's Agent in 2023
Heather Domi
Compass
(917) 566-6644
3 in this area
47 Total Sales
77 Mercer St Unit 5S New York, NY 10012
SoHo NeighborhoodEstimated Value: $2,932,000 - $3,893,000
2
Beds
2.5
Baths
1,944
Sq Ft
$1,181/mo
HOA Fee
Highlights
- Pre War Building
- 4-minute walk to Prince Street
- Wood Burning Fireplace
- P.S. 3 Charrette School Rated A
- Central Air
- 4-minute walk to Lt. Peterosino Square
About This Home
As of January 2023Nestled on a cobblestoned stretch of Mercer Street in SoHo's coveted Cast-iron Historic District, this bright, spacious and intimate floor-through condo residence has been gut-renovated to create the superlative Downtown loft (with a laundry room and central air conditioning and heating).
The key-locked elevator opens directly into the foyer and leads to an enormous great room which spans nearly 25 feet over Mercer Street and boasts soaring 11-foot ceilings, wide-plank maple hardwood flooring, and premium finishes. Light pours into this airy space through three massive seven-foot windows (outfitted with solar shades) that reveal eastern sky. A functional wood-burning fireplace, an exposed brick wall and original wood beam pay homage to the neighborhood's storied past and complement the modern, fresh appeal of this loft.
The gourmet open chef's kitchen, by high-end Italian kitchen designer Pedini, centers around an 8-foot island (that can serve as a breakfast bar) and is outfitted with a suite of Miele appliances (with a vented hood), Italian wood grain cabinetry, Caesarstone countertops, a trio of custom pendant light fixtures and an InSinkErator Pro Disposal.
Off the hallway are two bedrooms both with en-suite bathrooms, a powder room, and a laundry room equipped with a full-sized Electrolux washer and a separate vented dryer. The primary bedroom offers a peaceful, pin-drop-quiet retreat, with CitiQuiet windows (outfitted with black-out shades). The five-fixture primary bath features a large soaking tub, separate shower with Grohe fixtures, double sink vanity and medicine cabinets with integrated lighting. Custom closets and cabinetry throughout, designed by Italy's Pianca, showcase exquisite millwork and offer excellent storage space. Other highlights include Lutron lighting, central HVAC controlled through a programmable Carrier Infinity Touch system and video intercom.
77 Mercer, constructed in 1876 by Jesse W. Powers, is a boutique six-story residential loft condominium building situated between Spring and Broome Streets. The carefully preserved facade is divided into a north and south side and is equipped with a video intercom and key-locked elevator. This cobblestoned section of Mercer Street is in SoHo's prime Cast Iron Historic District, adjacent to some of the most famous boutiques and restaurants in Downtown Manhattan.
There is a monthly assessment of $514.17.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $31,716
Year Built
- Built in 1900
Lot Details
- 5,009
HOA Fees
- $1,181 Monthly HOA Fees
Home Design
- Pre War Building
Interior Spaces
- 1,944 Sq Ft Home
- Wood Burning Fireplace
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Dryer
- Washer
Utilities
- Central Air
Community Details
- Soho Subdivision
- 6-Story Property
Listing and Financial Details
- Legal Lot and Block 7501 / 485
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 29, 2022
Closed on
Jan 4, 2023
Sold by
77 Mercer 5 South Llc
Bought by
Rml 2022 Llc
Seller's Agent
Heather Domi
Compass
List Price
$3,950,000
Sold Price
$3,650,000
Premium/Discount to List
-$300,000
-7.59%
Total Days on Market
62
Views
23
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$157,821
Avg. Annual Appreciation
-1.92%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rml 2022 Llc | $3,650,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Menaker Mitchell E | $80,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/05/2023 01/05/23 | Sold | $3,650,000 | -7.6% | $1,878 / Sq Ft |
| 10/31/2022 10/31/22 | Pending | -- | -- | -- |
| 08/29/2022 08/29/22 | For Sale | $3,950,000 | 0.0% | $2,032 / Sq Ft |
| 07/16/2019 07/16/19 | For Rent | $13,500 | -- | -- |
| 07/16/2019 07/16/19 | Rented | -- | -- | -- |
Source: Real Estate Board of New York (REBNY)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $33,651 | $269,166 | $43,067 | $226,099 |
| 2023 | $32,710 | $266,650 | $43,067 | $223,583 |
| 2022 | $31,709 | $264,784 | $43,067 | $221,717 |
| 2021 | $29,624 | $241,495 | $43,067 | $198,428 |
| 2020 | $32,025 | $269,159 | $43,067 | $226,092 |
| 2019 | $31,057 | $276,633 | $43,067 | $233,566 |
| 2018 | $29,157 | $243,774 | $43,067 | $200,707 |
| 2017 | $27,734 | $246,235 | $43,067 | $203,168 |
| 2016 | $26,324 | $247,967 | $43,067 | $204,900 |
| 2015 | $9,750 | $216,657 | $43,066 | $173,591 |
| 2014 | $9,750 | $208,227 | $43,067 | $165,160 |
Source: Public Records
Agents Affiliated with this Home
-
Heather Domi
-
Henry Hershkowitz
Seller Co-Listing Agent in 2023
Henry Hershkowitz
Compass
(917) 686-3739
3 in this area
73 Total Sales
-
Jonathan Meiselman
J
Seller's Agent in 2021
Jonathan Meiselman
Compass
(914) 484-4441
9 Total Sales
Map
Similar Homes in the area
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10835347
APN: 0485-1021
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