Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $5,250,000

Listed at $4,995,000 · Sold 5.1% above asking · Closed May 21, 2015

111 Mercer Street #3
Closed For Sale Condo

$4,995,000

$2,468 per sq ft

111 Mercer Street #3

SOHO, Manhattan

MLS® #RLS10097887

RLS at REBNY

Listing by Elliman

2

Bedrooms

2

Baths

2,024

Sq. Ft.

1900

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 2,024 sq ft
Year Built 1900
Ownership Condo
HOA/Common Charges $1,576/mo
Property Taxes $28,356/yr
Neighborhood SOHO
Floor 3 of 5

Property Highlights

  • Style: Prewar architecture
  • Character: Pre-war building (1900)
  • New Construction: Brand new building

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
Baths null Full
Floor 3 of 5
Pets Yes
Cross Street Spring & Prince Streets
Year Built 1900 (New)
Living Area 2,024 sq ft
Architectural Style Prewar
Parcel # 0499-1603

Listing History

Event Date Price Change
Listed Jan 26, 2015 $5,150,000 -
Currently Jun 10, 2026 $4,995,000 -3.0%

Description

Exempt from AIR restrictions! Located in the heart of Soho, this triple-mint full floor east and west facing condominium loft is the perfect blend of modern sophistication and historic pre-war detail. Entered directly via keyed elevator, the sprawling great room includes oversized wood-frame weighted windows, an open grey oak Varenna island kitchen with Calacatta Gold marble counters, Dornbracht Tara chrome fixtures, Miele appliances including a vented hood and built-in coffee maker, plus a Sub-Zero wine refrigerator. The master suite includes a dressing room and a glorious Waterworks master bath with free-standing Empire tub, elegant Grove Brickwork tile, a custom Arpad Baksa-designed walnut vanity with black granite slab countertop, an oversized steam shower, heated chrome towel rack, and a honed 24" x 24" Basaltina Inca Gray tile floor with radiant heat. Many custom upgrades complete the home, including elegantly paneled walls, custom 5" wide-plank floors, beautiful cove lighting and seamless wiring throughout. Included is an in-unit washer and vented drier. 111 Mercer is a 5 story, 4 unit condominium built in 1900 and converted in 2012. Amenities include a virtual doorman and the service and facilities of the nearby Nolitan Hotel, owned and managed by an affiliate of the 111 Mercer developers, Veracity (additional fees may apply). Truly a rare opportunity.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common Area

Appliances

Dryer Washer

Building Information

Building Data View Compliance & Permits
Total Units 4
Stories 5
Style Prewar

Financial Details

Common Charges $1,576/mo
RE Taxes $28,356/yr ($2,363/mo)
Original Price $5,150,000
Sale Price $5,250,000
Previous Price $5,150,000

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

77

Median Asking Price

$4.29M

Median $/Sqft

$2,006

Avg Days on Market

N/A

New This Week

2

Price Reduced

27%

Sold (30 Days)

3

Median Sale Price

$4.50M

Live data from RLS at REBNY • Updated 6/9/26, 11:13 PM EST

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Location

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111 Mercer Street #3, SOHO, New York County • Near Spring & Prince Streets

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1879
Year Built
147 years old
7
Floors
4
Residential Units
M1-5/R7X
Zoning District
Condominiums Historic District: SoHo-Cast Iron Historic District

Tax & Assessment

Assessed Value: $5,296,050
Land Value: $450,001
Exemptions: $0

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

Lot Area: 2,500 SF
Building Area: 11,020 SF
Built FAR: 4.41
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 $1,576 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $28,356, or roughly $2,363 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 2 full bathrooms.

The listed interior living area is 2,024 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1900, making it approximately 126 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 the listing broker for weight limits or breed restrictions.

At the current list price of $4,995,000 for 2,024 sq ft, the asking price per square foot is approximately $2,468. 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: RLS10097887
First Listed: 1/26/2015
Price Changed: 2/24/2015
Closed: 5/21/2015
Contract Date: 1/21/2015

Listing Courtesy of Elliman - Raphael De Niro

Listing Contact: (212) 460-0655

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 6/10/2026 at 3:13 AM UTC

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