Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
15 MERCER Street #5

For Sale · Listing by Berkshire Hathaway HomeServices New York Properties

15 MERCER Street #5

SoHo, Manhattan

$9,300,000

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Active For Sale Condo

$9,300,000

$3,100 per sq ft

15 MERCER Street #5

SoHo, Manhattan

The Mercer Condominium

MLS® #RLS20115281

RLS at REBNY

Listing by Berkshire Hathaway HomeServices New York Properties

1
Bedroom
2
Baths
3,000
Sq. Ft.
1910
Year Built

Quick Summary

Bedrooms 1
Bathrooms 2
Living Area 3,000 sq ft
Year Built 1910
Ownership Condo
HOA/Common Charges $1,669/mo
Property Taxes Contact for details
Neighborhood SoHo
Floor 5 of 6

Property Highlights

  • Views: City
  • Exposure: East,West facing
  • Fireplace: 1 fireplace

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 2 Full
Floor 5 of 6
View City
Exposure East,West
Cooling Other
Pets Yes
Year Built 1910
Living Area 3,000 sq ft
Architectural Style Loft
Basement Other
Block/Lot 00230/4204

Listing History

Event Date Price Change
Listed Sep 15, 2026 $9,300,000 -
Currently Sep 16, 2026 $9,300,000 -

Description

A rare opportunity to own a spectacular full-floor SoHo loft offering nearly 3,000 square feet of interior space plus an approximately 1,100-square-foot private roof terrace with Jacuzzi. Currently configured as an expansive one-bedroom with a substantial study/den, the residence offers tremendous flexibility and can easily be reimagined as a two- or three-bedroom home. This is exactly what a classic SoHo loft should be: massive proportions, soaring ceilings, incredible light, authentic downtown character and an extraordinary amount of private outdoor space. The residence can be delivered fully furnished or unfurnished, depending on the buyer's preference. Occupying the entire fifth floor of an intimate prewar cast-iron condominium at 15 Mercer Street, the home offers a level of privacy and scale increasingly difficult to find in SoHo. Enter directly from a keyed elevator into an impressive open loft with approximately 11-foot ceilings and natural light streaming through oversized 8-foot-high eastern and western-facing windows. The expansive living room features a wood-burning fireplace, custom built-in cabinetry and a concealed large-screen television. The scale of the open living and dining areas makes the residence equally suited for comfortable everyday living or entertaining on a grand scale. The open chef's kitchen is equipped with a 48-inch Sub-Zero refrigerator, 48-inch Viking range, dishwasher and wine cooler. A full-size washer and vented dryer are conveniently located just off the kitchen. The oversized primary bedroom features western exposures, custom closets and a large en-suite bathroom with double sinks, soaking tub and steam shower. A substantial study/den provides tremendous flexibility for additional bedrooms, a separate home office, media room or other uses, with convenient access to the second full bathroom. Your Own Private SoHo Rooftop Head upstairs to your approximately 1,100-square-foot private roof terrace-an extraordinary outdoor retreat in the heart of SoHo. The terrace features a Jacuzzi/hot tub, covered outdoor kitchen, large-screen TV, dining area, lounge seating, umbrellas and all-weather green flooring, along with wide-open views above many of the surrounding buildings. Whether relaxing in the Jacuzzi, sunbathing, dining outdoors or entertaining friends, the roof terrace creates a private oasis rarely available with a full-floor downtown loft. Exceptional Investment Potential In addition to being an extraordinary primary residence or pied-à-terre, 15 Mercer also presents a compelling investment opportunity. Large, full-floor SoHo lofts with substantial private outdoor space are a limited offering, and a residence of this scale and character has the potential to command significant rental income in the luxury rental market. The ability to offer the property furnished or unfurnished, together with the flexibility to configure it as a two- or three-bedroom residence, further broadens its appeal to prospective luxury tenants. For an investor, this is an opportunity to own a distinctive SoHo asset with both lifestyle appeal and strong income-producing potential. Additional features include central air conditioning, abundant closet and storage space throughout the residence, and a large private storage room in the basement. Located on Mercer Street, one of the quieter and most distinctive cobblestone streets in prime SoHo, this exceptional residence combines the scale, architecture and character of a true downtown loft with the privacy of full-floor living and more than 1,000 square feet of private outdoor space. Nearly 3,000 SF Interior Approx. 1,100 SF Private Roof Terrace Full-Floor Residence Jacuzzi Keyed Elevator Wood-Burning Fireplace Furnished or Unfurnished Flexible 2-3 Bedroom Potential Private Basement Storage Investment & Rental Income Potential

Features & Amenities

Interior Features

High Ceilings Storage Walk In Closets Building None Fireplace (1)

Exterior Features

Garden Private Outdoor Space Under60 Sqft

Building Amenities

Elevators

Building Information

Financial Details

Common Charges $1,669/mo
RE Taxes Contact for details

SoHo contains the world's largest concentration of cast-iron architecture, with approximately 250 landmarked buildings within the SoHo-Cast Iron Historic District. The housing stock centers on spacious loft conversions with high ceilings and oversized windows, alongside luxury condominiums and pre-war walk-ups, served by the C, E, N, Q, R, W, 1, 4, and 6 trains. The cobblestone streets and commercial corridors along Broadway, West Broadway, and Prince Street define one of Manhattan's most architecturally distinctive neighborhoods.

SoHo Live Market Data

View Neighborhood

Active Listings

8

Median Asking Price

$4.50M

Median $/Sqft

$2,237

Avg Days on Market

N/A

New This Week

0

Price Reduced

13%

Sold (30 Days)

0

Median Sale Price

$9.45M

Live data from RLS at REBNY • Updated 9/16/26, 6:41 PM EST

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Location

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15 MERCER Street #5, SoHo, New York County

Virtual Tour

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1886
Year Built
140 years old
6
Floors
5
Residential Units
M1-5/R7X
Zoning District
Condominiums Historic District: SoHo-Cast Iron Historic District

Tax & Assessment

Assessed Value: $7,651,800
Land Value: $285,749
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 4,204 SF
Building Area: 21,177 SF
Built FAR: 5.04
Allowed FAR: 5

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $1,669 per month. Confirm the exact amount with Milton Coste before making an offer.

This property has 1 bedroom and 2 full bathrooms.

The listed interior living area is 3,000 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1910, making it approximately 116 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property. Contact Milton Coste for weight limits or breed restrictions.

At the current list price of $9,300,000 for 3,000 sq ft, the asking price per square foot is approximately $3,100. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20115281
First Listed: 9/15/2026
On Market: 9/15/2026
Price Changed: 9/15/2026
Contract Date: 9/15/2026

Listing Courtesy of Berkshire Hathaway HomeServices New York Properties - EYAL R ADRI

Listing Contact: (516) 606-6969

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the 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. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 9/16/2026 at 10:41 PM UTC

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SoHo Market Update

0 sales last 30 days · $4.50M median · N/A supply

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Quick Facts

Status Active Type Condo Neighborhood SoHo Borough Manhattan
County New York
Floor 5 of 6
Year Built 1910
First Listed 9/15/2026
Style Loft
Living Area 3,000 sqft
Common Charges $1,669/mo

Monthly Costs Estimate

Down Payment 20%

$1,860,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Common Charges $1,669
Total Monthly $0

Estimates only. Consult a lender for exact figures.

Mansion tax applies at this price point

New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $5M to $9,999,999 at 2.25%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$209,250

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

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