Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $10,225,000

· Closed June 21, 2022

Closed For Sale Condo

$10,225,000

$2,509 per sq ft

72 MERCER Street #PHE

Soho, Manhattan

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MLS® #RLS10778417

RLS at REBNY

Listing by Douglas Elliman Real Estate

4

Bedrooms

3.5

Baths

4,075

Sq. Ft.

2006

Year Built

Quick Summary

Bedrooms 4
Bathrooms 4 full, 2 half
Living Area 4,075 sq ft
Year Built 2006
Ownership Condo
HOA/Common Charges $6,079/mo
Property Taxes $101,028/yr
Neighborhood Soho
Floor 7 of 7

Property Highlights

  • Exposure: East,West facing
  • Outdoor Space: Balcony

Property Details

Type Condo
Ownership Condominium
Total Rooms 8
Baths 3 Full, 2 Half
Floor 7 of 7
Exposure East,West
Pets Yes
Year Built 2006
Living Area 4,075 sq ft

Listing History

Event Date Price Change
Listed Sep 9, 2021 $12,450,000 -
Price Reduced Jun 22, 2022 $11,450,000 -8.0%
Currently Apr 29, 2026 $10,225,000 -10.7%

Description

Prime triplex penthouse with a two-story private roof deck situated on one of the most desired cobblestone streets in SoHo.
The attention to detail and the exquisite workmanship featuring top of the line finishes and custom work throughout the Penthouse is astonishing. As soon as you enter through the private elevator landing, the grand living room with over 19' double height ceilings, oversized windows, and custom mahogany walls with a library on one end and a gas burning fireplace on the other, will take your breath away. In the main living room, above the fireplace, there is hidden remote controlled cinema screen, hidden speakers and a projector opposite the fireplace. Adjoining the living room and dining area, the kitchen features a Thermador 5-burner stove, Sub-Zero refrigerator, double Miele ovens, dishwasher, and a Sub-Zero wine fridge. There are Mahogany floors throughout the loft, and to match the floors there are Mahogany-stained American black walnut doors.
On the West side of the lower level, there are two bedrooms each featuring luxury custom crafted bunk beds with a shared balcony. A powder room with Nero Marquina tiles and antique mirror walling, as well as another full bathroom complete the fifth floor.
The sixth floor features a primary suite with outfitted closets and an en-suite bathroom with Carrara marble double sinks, heated towel racks, a freestanding Carrara bathtub and a mosaic floor made of Calcutta gold tiles and black Marquina dots with a honed finish. On the same level there is an additional media room open to below. The fourth bedroom is located on the seventh floor with a large walk-in closet and en-suite bathroom.
The center of the floors in the apartment are flooded with light from an overhead skylight that embraces the grand stairway leading to the rooftop terrace. The lower level outdoor terrace, clearing the roof levels of surrounding buildings, has a powder room, fire pit, a and a counter bar outfitted with a sink, fridge, ice maker, and Lynx grill. To complete the outdoor space there is a jacuzzi on the upper level. All which make for great entertaining.
PHE comes with an additional private storage in the building.
The modern boutique condominium is located on Mercer Street between Spring and Broome Streets and has only 8 apartments. Building amenities include full time concierge, fitness studio and private storage.

Features & Amenities

Exterior Features

Balcony Balcony

Building Information

Financial Details

Common Charges $6,079/mo
RE Taxes $101,028/yr ($8,419/mo)
Original Price $12,450,000
Sale Price $10,225,000
Previous Price $11,450,000

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

7

Median Asking Price

$5.28M

Median $/Sqft

$2,467

Avg Days on Market

N/A

New This Week

0

Price Reduced

43%

Sold (30 Days)

1

Median Sale Price

$1.64M

Live data from RLS at REBNY • Updated 4/29/26, 1:07 AM EST

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Location

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72 MERCER Street #PHE, Soho, New York County

Virtual Tour

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

2005
Year Built
21 years old
7
Floors
9
Residential Units
M1-5/R9X
Zoning District
Condominiums Historic District: SoHo-Cast Iron Historic District

Tax & Assessment

Assessed Value: $13,744,351
Land Value: $657,000
Exemptions: $0

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

Lot Area: 5,850 SF
Building Area: 36,700 SF
Built FAR: 6.27
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 $6,079 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $101,028, or roughly $8,419 per month. Verify the current assessment with your attorney before closing.

This property has 4 bedrooms and 3 full bathrooms and 2 half bathrooms.

The listed interior living area is 4,075 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2006, making it approximately 20 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 $10,225,000 for 4,075 sq ft, the asking price per square foot is approximately $2,509. 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: RLS10778417
First Listed: 9/9/2021
Price Changed: 6/22/2022
Closed: 6/21/2022
Contract Date: 3/22/2021

Listing Courtesy of Douglas Elliman Real Estate - Alexa Polachi

Listing Contact: (201) 456-3692

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 4/29/2026 at 5:07 AM UTC

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