For Sale · Listing by Sothebys International Realty
115 Mercer Street #5
SoHo, Manhattan
$8,500,000
115 Mercer Street #5
MLS® #RLS20121791
Listing by Sothebys International Realty
- 3
- Bedrooms
- 4.5
- Baths
- 4,764
- Sq. Ft.
- 1900
- Year Built
Quick Summary
Property Highlights
- Views: City
- Exposure: East,West facing
- Outdoor Space: Terrace
Property Details
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
Exterior Features
Building Amenities
Appliances
Building Information
Financial Details
About SoHo
View All SoHo ListingsSoHo 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 NeighborhoodActive 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
115 Mercer Street #5, SoHo, New York County
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)
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Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
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) 416-7433Listing 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 Data display by Keller Williams NYC. Data last updated on 10/21/2026 at 8:51 AM UTC
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Sale history, taxes, violations and comps for this unit
Before you bid
Pre-Offer Report: 115 Mercer Street #5
At $8,500,000, the listing leaves out what decides the offer: the recorded sale history, the tax and abatement picture, open building violations and permits, and the closed sales that set the price. Milton prepares the report from public records. No obligation.
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- 1Milton emails you today.
- 2A short call about what you want and when.
- 3The agreement arrives electronically after the call. Then showings.
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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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Quick Facts
Monthly Costs Estimate
$1,700,000
Source: Freddie Mac PMMS
Est. Monthly Payment
$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
Estimate based on the asking price. Confirm your own obligation with your real estate attorney.
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