Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
115 Mercer Street #5

For Sale · Listing by Sothebys International Realty

115 Mercer Street #5

SoHo, Manhattan

$8,500,000

Interested in this property?
Active For Sale • Condo

$8,500,000

$1,784 per sq ft

115 Mercer Street #5

SoHo, Manhattan

MLS® #RLS20121791

RLS at REBNY

Listing by Sothebys International Realty

3
Bedrooms
4.5
Baths
4,764
Sq. Ft.
1900
Year Built

Quick Summary

Bedrooms 3
Bathrooms 5 full, 1 half
Living Area 4,764 sq ft
Lot Size 5,000 sq ft
Year Built 1900
Ownership Condo
HOA/Common Charges $5,542/mo
Property Taxes $126,204/yr
Neighborhood SoHo
Floor 1 of 5

Property Highlights

  • Views: City
  • Exposure: East,West facing
  • Outdoor Space: Terrace

Property Details

Type Condo
Ownership Condominium
Total Rooms 10
Baths 4 Full, 1 Half
Floor 1 of 5
View City
Exposure East,West
Pets Yes
Year Built 1900
Living Area 4,764 sq ft
Architectural Style Loft
Flooring Hardwood
Furnished Unfurnished
Lot Size 5,000 sq ft
Block/Lot 00499/1409

Listing History

Event Date Price Change
Listed Oct 20, 2026 $8,500,000 -
Currently Oct 21, 2026 $8,500,000 -

Description

An exclusive opportunity to own an expansive full-floor condominium loft with private outdoor space in the heart of SoHo. Occupying the entire fifth floor of 115 Mercer Street, this approximately 4,764-square-foot residence offers generous entertaining spaces, three spacious bedrooms, four full bathrooms, a powder room and a peaceful private loggia. A keyed elevator opens directly into the residence, with six oversized arched windows overlooking Mercer Street. Ceiling heights ranging from approximately 11 to 15 feet establish an impressive sense of scale. The expansive living and dining area accommodates multiple seating arrangements, with a wood-burning fireplace framed by a floor-to-ceiling slate surround. Recently redone wide-plank hardwood floors, custom millwork and reclaimed-wood doors bring warmth and texture to the interiors. The open chef’s kitchen features French walnut cabinetry, “Sea Pearl” quartzite countertops, a Wolf range, Sub-Zero refrigerator, Miele dishwasher and wine refrigerator. A separate library provides a more intimate setting adjacent to the living space, while a newly added office behind the kitchen offers a dedicated workspace. Entered through reclaimed-wood sliding doors, the primary suite features soaring 15-foot ceilings, floor-to-ceiling custom bookcases and two walk-in closets. The primary bathroom is appointed with a Zuma soaking tub, dual marble vanities, heated limestone floors and a heated towel rack. Directly accessible from both the primary bedroom and the central hallway, the approximately 200-square-foot private loggia offers a sheltered outdoor retreat. Its elongated proportions allow for seating and greenery, creating a quiet extension of the suite away from the main entertaining rooms. Two generously sized secondary bedrooms occupy a separate wing, each with approximately 15-foot ceilings, a dressing room and an en-suite bathroom. A full-size laundry room with a washer and dryer, utility sink and space for household tasks offers the practicality more often associated with a suburban home. Extensive closets and lofted storage further distinguish the residence. With just eight residences and a part-time doorman, 115 Mercer offers an intimate condominium setting on a coveted cobblestone block between Spring and Prince Streets. In the heart of SoHo’s historic Cast Iron District, the location places luxury boutiques, galleries and destination dining just outside your front door.

Features & Amenities

Interior Features

Built In Features Entrance Foyer Eat In Kitchen Granite Counters High Ceilings In Unit See Remarks Flooring: Hardwood Fireplace (1)

Exterior Features

Private Outdoor Space Over60 Sqft Terrace

Building Amenities

Elevators

Appliances

Dryer Dishwasher Wine Cooler Washer

Building Information

Building Data View Compliance & Permits
Total Units 1
Stories 5
Style Loft

Financial Details

Common Charges $5,542/mo
RE Taxes $126,204/yr ($10,517/mo)

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

69

Median Asking Price

$4.00M

Median $/Sqft

$1,996

Avg Days on Market

N/A

New This Week

1

Price Reduced

20%

Sold (30 Days)

9

Median Sale Price

$3.15M

Live data from RLS at REBNY • Updated 10/21/26, 4:51 AM EST

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Location

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115 Mercer Street #5, SoHo, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1872
Year Built
154 years old
7
Floors
8
Residential Units
M1-5/R7X
Zoning District
Condominiums Historic District: SoHo-Cast Iron Historic District

Tax & Assessment

Assessed Value: $9,940,051
Land Value: $1,125,001
Exemptions: $0

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

Lot Area: 5,000 SF
Building Area: 26,691 SF
Built FAR: 5.34
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 $5,542 per month. Confirm the exact amount with Milton Coste before making an offer.

The current listed annual property tax is $126,204, or roughly $10,517 per month. Verify the current assessment with your attorney before closing.

This property has 3 bedrooms and 4 full bathrooms and 1 half bathroom.

The listed interior living area is 4,764 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.

Pet policy requires confirmation with Milton Coste.

At the current list price of $8,500,000 for 4,764 sq ft, the asking price per square foot is approximately $1,784. 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: RLS20121791
First Listed: 10/20/2026
On Market: 10/20/2026
Price Changed: 10/20/2026
Contract Date: 10/20/2026

Listing Courtesy of Sothebys International Realty - Jeremy V Stein

Listing Contact: (917) 854-4411

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.

How working with a buyer's agent works: I work for you, not the seller. Before I show you anything, New York brokerage rules ask us to put that in writing: an agreement and a disclosure that say I work for you and negotiate on your behalf. The agreement is non-exclusive: you can work with other agents, it runs for a short fixed term we agree on, and you can end it with a note. You may attend open houses independently without an agreement. Read how it works

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 10/21/2026 at 8:51 AM UTC

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Milton Coste - NYC Real Estate Broker

Milton Coste

Licensed Real Estate Associate Broker

Keller Williams NYC

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Sale history, taxes, violations and comps for this unit

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SoHo Market Update

9 sales last 30 days · $4.00M median · 7.7 months supply

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Quick Facts

Status Active Type Condo Neighborhood SoHo Borough Manhattan
County New York
Floor 1 of 5
Year Built 1900
First Listed 10/20/2026
Style Loft
Living Area 4,764 sqft
Common Charges $5,542/mo
Annual Tax $126,204

Monthly Costs Estimate

Down Payment 20%

$1,700,000

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 $5,542
Est. Taxes $10,517
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

$191,250

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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You're contacting Milton Coste, a buyer's agent. Before any private showing, New York brokerage rules require a short non-exclusive agreement. Milton walks you through it before you sign anything. Broker commissions are not set by law and are fully negotiable. How working together works.

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