Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $9,664,000

· Closed April 20, 2026

158 Mercer Street #5M
3D Tour
Closed For Sale Condo

$9,664,000

$2,314 per sq ft

158 Mercer Street #5M

SoHo, Manhattan

The New Museum Building

MLS® #RLS20064606

RLS at REBNY

Listing by Compass

3

Bedrooms

3

Baths

4,177

Sq. Ft.

1915

Year Built

Quick Summary

Bedrooms 3
Bathrooms 3
Living Area 4,177 sq ft
Year Built 1915
Ownership Condo
HOA/Common Charges $6,059/mo
Property Taxes $67,380/yr
Neighborhood SoHo
Floor 5 of 12

Property Highlights

  • Views: City
  • Exposure: North,South,West facing
  • Fireplace: 1 fireplace

Property Details

Type Condo
Ownership Condominium
Total Rooms 7
Baths 3 Full
Floor 5 of 12
View City
Exposure North,South,West
Cooling Central Air
Pets Yes, CatsOk, DogsOk
Year Built 1915
Living Area 4,177 sq ft
Structure Type MixedUse
Flooring Hardwood
Furnished Unfurnished
Block/Lot 00512/1205

Listing History

Event Date Price Change
Listed Jan 5, 2026 $9,664,000 -
Price Reduced Apr 20, 2026 $10,000,000 +3.5%

Description

Located in arguably the most desired of all Prime Soho addresses, this rare 4,177sf loft style residence with 50-feet of frontage on Mercer Street is perched on the West side of the New Museum Building, one of Soho's very few 24-hour doorman condo loft buildings with superb provenance. The oversized elevator opens to a welcoming foyer: as you turn the corner the 52-foot Great Room reveals itself in all its splendor with a dramatic large fireplace as the focal point. Majestic sculptural columns draw you to the sizable west-facing windows that bathe this home in afternoon sunlight. Additional north-facing windows are rare in lofts, on either side of the fireplace as well as the adjoining library, a more intimate moment in this bold, impressive space that may be the most exquisite of all the rooms. A large kitchen with the expected high-end millwork, finishes and appliances has a substantial island and a walk-in pantry, located across from the fireplace, making this the ultimate entertaining opportunity. The dimensions are made even more appealing by the sheer volume throughout: soaring, almost 11.6-foot ceilings make this the perfect setting for serious large-scale art collectors. A perfectly scaled bedroom suite located on the western side is perfect for visiting guests or family, far removed from the bedroom wing at the opposite end that comprises a lavish Primary Bedroom with south-facing windows and a huge ensuite windowed bathroom and dual, enormous walk-in closets. An additional third bedroom suite with substantive closets is located next door. This wing also houses a laundry room with sink. The New Museum Building is an intimate, 19-unit full service cast iron condominium that was converted to lofts in 1996. Designed by Cleverdon & Putzel in 1897, the former office building subsequently housed the New Museum of Contemporary Art and was converted to a residential condominium when the institution relocated to the Bowery. A laundry room and private storage are among the prime amenities. Each loft apartment was delivered as raw space and individually finished out and all feature individually controlled ducted HVAC systems. Set amidst some of the world's most exceptional retail stores, restaurants, museums, including the Mercer Hotel on the block, the building also features a common roof deck, and two entrances for discreet entry and egress make it especially appealing to those seeking privacy. *Monthly Taxes w/out Starr Abatement $6,807

Features & Amenities

Interior Features

High Ceilings His And Hers Closets Kitchen Island Pantry Recessed Lighting Walk In Closets Common On Floor Common Area In Unit Flooring: Hardwood Fireplace (1)

Exterior Features

Building Roof Deck

Building Amenities

Elevators

Appliances

Cooktop Dryer Dishwasher Gas Cooktop Gas Oven Refrigerator Stainless Steel Appliances Washer

Building Information

Financial Details

Common Charges $6,059/mo
RE Taxes $67,380/yr ($5,615/mo)
Sale Price $9,664,000
Previous Price $10,000,000

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

78

Median Asking Price

$4.30M

Median $/Sqft

$2,006

Avg Days on Market

N/A

New This Week

3

Price Reduced

24%

Sold (30 Days)

9

Median Sale Price

$3.44M

Live data from RLS at REBNY • Updated 4/28/26, 6:54 AM EST

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Location

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158 Mercer Street #5M, SoHo, New York County

Virtual Tour

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1897
Year Built
129 years old
12
Floors
22
Residential Units
M1-5/R9X
Zoning District
Condominiums Historic District: SoHo-Cast Iron Historic District

Tax & Assessment

Assessed Value: $34,466,882
Land Value: $1,471,955
Exemptions: $21,600

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

Lot Area: 10,300 SF
Building Area: 122,862 SF
Built FAR: 11.93
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 common charges are $6,059 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $67,380, or roughly $5,615 per month. Verify the current assessment with your attorney before closing.

This property has 3 bedrooms and 3 full bathrooms.

The listed interior living area is 4,177 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1915, making it approximately 111 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: Pets Allowed. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $9,664,000 for 4,177 sq ft, the asking price per square foot is approximately $2,314. 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: RLS20064606
First Listed: 12/29/2025
On Market: 1/5/2026
Price Changed: 4/20/2026
Closed: 4/20/2026
Contract Date: 12/29/2025

Listing Courtesy of Compass - Shawn L Williams

Listing Contact: (917) 886-9925

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 4/28/2026 at 10:54 AM UTC

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