Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $17,000,000

Listed at $17,500,000 · Sold 2.9% below asking · Closed March 24, 2017

25 Mercer Street #PH
Closed For Sale Condo

$17,500,000

$4,023 per sq ft

25 Mercer Street #PH

SOHO, Manhattan

MLS® #RLS10080885

RLS at REBNY

Listing by Elliman

4

Bedrooms

4.5

Baths

4,350

Sq. Ft.

1867

Year Built

Quick Summary

Bedrooms 4
Bathrooms 5 full, 1 half
Living Area 4,350 sq ft
Year Built 1867
Ownership Condo
HOA/Common Charges $2,949/mo
Property Taxes $68,448/yr
Neighborhood SOHO
Floor 6 of 5

Property Highlights

  • Views: City
  • Exposure: East,North,South,West facing
  • Outdoor Space: Balcony, Rooftop

Property Details

Type Condo
Ownership Condominium
Total Rooms 9
Baths 4 Full, 1 Half
Floor 6 of 5
View City
Exposure East,North,South,West
Pets Yes
Cross Street Canal/Grand
Year Built 1867 (New)
Living Area 4,350 sq ft
Architectural Style Prewar

Listing History

Event Date Price Change
Listed Apr 6, 2016 $17,500,000 -
Currently May 15, 2026 $17,500,000 -

Description

BE A PART OF SOHO.
OWN A PIECE OF HISTORY.

Every detail of the residences at 25 Mercer has been lovingly refurbished, from the cast iron columns & exposed beams to the light filled windows. These features, combined with luxurious finishes, custom fixtures and soaring ceilings, reimagine Manhattan loft living for the 21st century.

The Penthouse possesses 4,580 s.f. of interior space, 2600 s.f. of outdoor roof terrace space, 5 bedrooms, 5 bathrooms, 1 powder room, and ceilings up to 13' -- all spread across 3 beautifully appointed floors.

The apartment has wide white oak hardwood floors, imported natural stone, and marble throughout. The keyed elevator opens up to the unit's own private foyer on the Fifth Floor, from which one has staircase access to the Fourth and Sixth floors.

The Fourth floor, which is primarily for living, has 3 bedrooms with 3 en-suite bathrooms, a plentitude of closet space, washer / dryer, and Play Area. The bathrooms possess Vola faucets, heated floors, and integrated lighting.

The Fifth floor, split between the large Master Suite, Second Bedroom, and Entertaining Area, stretches the entirety of the building. In the entertaining area, one finds the Kitchen, Dining, and Great room, which features an integrated gas fireplace and imported stone staircase. The kitchen is outfitted with Gaggenau appliances, custom cabinetry, Dornbracht faucet, and beautiful skylight. The Master Suite has an exceptional walk-in closet and en-suite bathroom, which possesses Vola faucets, a Toto commode, free-standing soaking tub, book-matched marble, and heated floors / towel rails. The Powder Room has Vola faucets, heated floors, integrated lighting, and an imported marble vanity.

The Sixth floor is dedicated entirely to dueling terraces, which have an integrated fireplace, multiple private outdoor entertainment areas, and 360 degree views of downtown Manhattan.

Some of the unit's other features include a 24-7 Virtual doorman, central AC with controls for each room, new dedicated boiler & mechanicals, and a utility room with washer and dryer. The apartment's tech can be digitally controlled by iPad, iPhone, or other mobile.

Built in 1867, 25 Mercer represents the architectural beauty of New York's elegant Gilded Age. Five exclusive residences, ranging from a townhouse, to lofts, to a penthouse, offer a modern interpretation of the classic Soho loft building, balancing perfectly restored cast iron detailing with sophisticated modern design. Close to dining, cafes, fashion, parks & play, retail, and arts & culture, this building within the fabled SoHo Cast Iron Historic District is one of the most desirable locations.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Fireplace

Exterior Features

Balcony Balcony Rooftop

Appliances

Dryer Washer

Building Information

Financial Details

Common Charges $2,949/mo
RE Taxes $68,448/yr ($5,704/mo)
Sale Price $17,000,000

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

76

Median Asking Price

$4.50M

Median $/Sqft

$2,073

Avg Days on Market

N/A

New This Week

8

Price Reduced

22%

Sold (30 Days)

9

Median Sale Price

$4.01M

Live data from RLS at REBNY • Updated 5/14/26, 9:44 PM EST

Recently Sold in SOHO

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Location

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25 Mercer Street #PH, SOHO, New York County • Near Canal/Grand

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1880
Year Built
146 years old
5
Floors
5
Residential Units
M1-5/R7X
Zoning District
Condominiums Historic District: SoHo-Cast Iron Historic District

Tax & Assessment

Assessed Value: $5,224,203
Land Value: $558,000
Exemptions: $0

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

Lot Area: 6,185 SF
Building Area: 26,002 SF
Built FAR: 4.2
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 $2,949 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $68,448, or roughly $5,704 per month. Verify the current assessment with your attorney before closing.

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

The listed interior living area is 4,350 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1867, making it approximately 159 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. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $17,500,000 for 4,350 sq ft, the asking price per square foot is approximately $4,023. 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: RLS10080885
First Listed: 4/6/2016
Closed: 3/24/2017
Contract Date: 4/5/2016

Listing Courtesy of Elliman - Fredrik Eklund

Listing Contact: -

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 5/15/2026 at 1:44 AM UTC

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