Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $5,100,000

Listed at $5,650,000 · Sold 9.7% below asking · Closed December 12, 2020

40 Mercer Street #5E
Looking for something similar?
Closed For Sale Condo

$5,650,000

$2,384 per sq ft

40 Mercer Street #5E

SoHo, Manhattan

MLS® #RLS10904727

RLS at REBNY

Listing by BOND New York

3

Bedrooms

4.5

Baths

2,370

Sq. Ft.

2006

Year Built

Quick Summary

Bedrooms 3
Bathrooms 4 full, 1 half
Living Area 2,370 sq ft
Year Built 2006
Ownership Condo
HOA/Common Charges $3,644/mo
Property Taxes $10,260/yr
Parking Garage
Neighborhood SoHo
Floor 5

Property Highlights

  • Parking: Private garage

Property Details

Type Condo
Ownership Condominium
Total Rooms 6
Baths 3 Full, 1 Half
Floor 5
Pets Yes
Cross Street Grand St/Broome St
Year Built 2006
Living Area 2,370 sq ft
Parking Garage Available

Description

The collaboration between hotel visionaire Andre Balazs and famed architect Jean Nouvel is an extraordinary testament to modern luxury, elegance, progressive architecture and ingenious engineering. 40 Mercer is a stunning 14-story condominium offering magnificent glass curtain walls with a rhythm of panes in vibrant hues of red and blue. As one would expect, these unparalleled residences come complete with all the concierge service necessary for the most sophisticated lifestyle.Residence 5E features three bedrooms, three bathrooms and a powder room. With a loft-like feel and high 12-foot ceilings, the space is expansive with free flowing spaces, floor-to-ceiling windows facing South and East, and kitchen and bathrooms that incorporate the most luxurious finishes, fittings and appliances. Upgrades include a completely new Lutron lighting system and a built-in electronic, remote controlled wall bed. The building features a 24-hour doorman and concierge, underground parking, pool, sauna, whirlpool, fitness center, landscaped courtyard and rooftop terrace.

Features & Amenities

Interior Features

Common Area

Financial Details

Common Charges $3,644/mo
RE Taxes $10,260/yr ($855/mo)
Sale Price $5,100,000

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

73

Median Asking Price

$4.25M

Median $/Sqft

$2,076

Avg Days on Market

N/A

New This Week

6

Price Reduced

27%

Sold (30 Days)

3

Median Sale Price

$3.18M

Live data from RLS at REBNY • Updated 3/24/26, 12:22 AM EST

Similar Listings in SoHo

View All

Location

Loading map...

40 Mercer Street #5E, SoHo, New York County • Near Grand St/Broome St

MLS® ID: RLS10904727
First Listed: 2/5/2021
Price Changed: 2/5/2021
Closed: 12/12/2020
Contract Date: 10/12/2020

Listing Courtesy of BOND New York - Adam Taylor

Listing Contact: (917) 428-7146

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 3/24/2026 at 4:22 AM UTC

Buying a Condo? Start Here

Co-op vs. Condo: Which Is Right for You?

Ownership structure, board approval, financing: the full comparison.

Read article

NYC Mansion Tax: 2026 Guide

How the tiered mansion tax works for purchases over $1M.

Read article

NYC Real Estate Market Report 2026

Data-driven analysis of prices, inventory, and trends across NYC.

Read article

Interested in this property?

Get a response within 2 hours

Your info is secure and never shared.

View Active Listings Call Milton