Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $3,100,000

Listed at $3,195,000 · Sold 3.0% below asking · Closed April 1, 2026

114 Mercer Street #5th Floor
Closed For Sale Co-op

$3,195,000

$1,389 per sq ft

114 Mercer Street #5th Floor

SoHo, Manhattan

MLS® #RLS20025018

RLS at REBNY

Listing by Sothebys International Realty

2

Bedrooms

2

Baths

2,300

Sq. Ft.

1903

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 2,300 sq ft
Lot Size 7,511 sq ft
Year Built 1903
Ownership Co-op
Maintenance $3,570/mo
Neighborhood SoHo
Floor 5 of 10

Property Highlights

  • Views: City
  • Exposure: West facing
  • Climate Control: Central Air

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 2 Full
Floor 5 of 10
View City
Exposure West
Cooling Central Air
Pets Yes, DogsOk
Year Built 1903
Living Area 2,300 sq ft
Structure Type None
Flooring Hardwood
Furnished Unfurnished
Lot Size 7,511 sq ft
Block/Lot 00498/7502

Listing History

Event Date Price Change
Listed May 19, 2025 $3,425,000 -
Currently Jun 8, 2026 $3,195,000 -6.7%

Description

Impeccably Renovated Soho Loft with Timeless Character and Modern Luxury. This exceptional full-floor Soho loft masterfully blends authentic prewar character with sophisticated contemporary design. Rarely does a residence offer such a perfect balance of scale, style, and substance. A private keyed elevator opens directly into the expansive home, revealing soaring 11-foot barrel-vaulted ceilings and dramatic, oversized west-facing windows that flood the space with natural light. Whitewashed brick walls, wide-plank white oak floors, smart home window treatments and custom lighting throughout enhance the loft’s warmth. The open-concept layout includes a custom-designed primary bedroom with an en-suite bath and offers flexibility for a second bedroom or home office. The craftsmanship and attention to detail are truly exceptional. The chef’s kitchen is a standout, featuring custom millwork by renowned Italian design house Molteni&C | Dada, a full suite of Miele appliances, including a professional-grade Miele five-burner electric cooktop. A striking 10-foot stone countertop anchors the space, complemented by a Blanco Precision sink, InSinkErator, filtered hot/cold water system, tall pantry, and wine reserve. The serene primary suite features a custom walk-in closet by TransForm and a spa-inspired bathroom with a large walk-in shower, Duravit double vanity, radiant NuHeat floors, and Hansgrohe fixtures. The secondary bathroom offers an oversized Duravit soaking tub and matching high-end finishes. Additional features include multi-zone central air conditioning and an in-unit Miele washer and dryer for ultimate convenience. Built in 1903 by architect John W. Stevens, 114 Mercer Street is a 10-story, 18-unit AIR cooperative (AIR waiver permitted), showcasing a striking marble façade in the heart of the landmarked SoHo Cast Iron District. The building permits subletting, guarantors, co-purchasing, foreign purchasers, pied-à-terre use, live/work flexibility, parents purchasing for children—all with board approval. Pets are welcome. A truly rare offering where classic loft living meets impeccable modern design in one of Manhattan’s most desirable neighborhoods. *Represents current apartment configuration, which may not conform to official legal documentation. Purchasers should consult with their legal or architectural professionals to determine legal use parameters.

Features & Amenities

Interior Features

Eat In Kitchen Elevator Storage In Unit Flooring: Hardwood

Building Amenities

Elevators

Appliances

Dryer Washer Dryer Stacked Dishwasher Washer

Building Information

Building Data View Compliance & Permits
Total Units 11
Stories 10
Structure None

Financial Details

Maintenance $3,570/mo
Original Price $3,425,000
Sale Price $3,100,000
Previous Price $3,425,000

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

76

Median Asking Price

$4.40M

Median $/Sqft

$2,006

Avg Days on Market

N/A

New This Week

1

Price Reduced

28%

Sold (30 Days)

3

Median Sale Price

$4.50M

Live data from RLS at REBNY • Updated 6/8/26, 3:12 AM EST

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Location

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114 Mercer Street #5th Floor, SoHo, New York County

Floor Plans

Floor Plan 1
Floor Plan 2

Building Information

Official NYC property records for this building

1903
Year Built
123 years old
10
Floors
18
Residential Units
M1-5/R9X
Zoning District
Condominiums Historic District: SoHo-Cast Iron Historic District

Tax & Assessment

Assessed Value: $9,266,850
Land Value: $434,250
Exemptions: $9,160

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

Lot Area: 5,000 SF
Building Area: 46,375 SF
Built FAR: 9.28
Allowed FAR: 9

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 monthly maintenance are $3,570 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $0, or roughly $0 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 2,300 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1903, making it approximately 123 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $3,195,000 for 2,300 sq ft, the asking price per square foot is approximately $1,389. 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: RLS20025018
First Listed: 5/19/2025
On Market: 5/19/2025
Price Changed: 10/31/2025
Closed: 4/1/2026
Contract Date: 5/19/2025

Listing Courtesy of Sothebys International Realty - Mae H Bagai

Listing Contact: (917) 714-0415

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 6/8/2026 at 7:12 AM UTC

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