Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $34,000,000

Listed at $37,500,000 · Sold 9.3% below asking · Closed May 4, 2015

158 Mercer Street #PHM
Closed For Sale Condo

$37,500,000

$5,032 per sq ft

158 Mercer Street #PHM

SOHO, Manhattan

MLS® #RLS10078879

RLS at REBNY

Listing by Elliman

6

Bedrooms

7

Baths

7,452

Sq. Ft.

1897

Year Built

Quick Summary

Bedrooms 6
Bathrooms 7
Living Area 7,452 sq ft
Year Built 1897
Ownership Condo
HOA/Common Charges $7,468/mo
Property Taxes $76,152/yr
Neighborhood SOHO
Floor 12 of 12

Property Highlights

  • Outdoor Space: Terrace, Rooftop
  • Style: Prewar architecture
  • Character: Pre-war building (1897)

Property Details

Type Condo
Ownership Condominium
Total Rooms 10
Baths null Full
Floor 12 of 12
Pets Yes
Cross Street Prince & West Houston Streets
Year Built 1897
Living Area 7,452 sq ft
Architectural Style Prewar

Listing History

Event Date Price Change
Listed Apr 6, 2014 $37,500,000 -
Currently May 15, 2026 $37,500,000 -

Description

The most exceptional Duplex Penthouse Downtown: Nothing compares to this extraordinary condominium penthouse that hovers over all of Soho with breathtaking, panoramic, protected views, located in the full service New Museum Building on Soho's most desirable cobbled block.

The elevator door opens into a gracious vestibule that leads to a grandly scaled Great Room with a wood-burning fireplace, a dining area and a chef's kitchen with 11 foot tall ceilings. The west-facing, sumptuous Master Bedroom suite with its rare arched windows features an elegant bathroom and sensational walk in closet and dressing room. Another bedroom suite faces South and West and a laundry room and powder room are located close by. An additional bedroom suite makes for the perfect Nanny's quarters. At the opposite end of this floor are two additional large bedroom suites, both with superb southern light and views.

A gracious stairway leads you to the upper level that offers a more formal living and dining experience with direct access onto three immaculately landscaped terraces: their scale and exposures have no equal. This glass encased floor celebrates the unrivaled views and light that engulf this magical property. Another wood burning fireplace and second kitchen allow for elegant entertaining. On this level which is also accessible via the elevator is a magnificent private, fully DCI compliant screening room with a projection room, an additional bedroom, a full bathroom and a powder room.

The entire apartment was recently gut renovated to the very highest standards with every imaginable convenience and luxury built in. This A-grade building boasts strong financials.

This penthouse represents an entirely unique quality of life with the scale, views and light that are impossible to replicate, making this home of a collector quality of the very highest order.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Exterior Features

Terrace Rooftop

Building Information

Financial Details

Common Charges $7,468/mo
RE Taxes $76,152/yr ($6,346/mo)
Sale Price $34,000,000

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, 10:54 PM EST

Recently Sold in SOHO

View All

Location

Loading map...

158 Mercer Street #PHM, SOHO, New York County • Near Prince & West Houston Streets

Floor Plans

Floor Plan 1
Floor Plan 2
Floor Plan 3

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 $7,468 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $76,152, or roughly $6,346 per month. Verify the current assessment with your attorney before closing.

This property has 6 bedrooms and 7 full bathrooms.

The listed interior living area is 7,452 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1897, making it approximately 129 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 $37,500,000 for 7,452 sq ft, the asking price per square foot is approximately $5,032. 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: RLS10078879
First Listed: 4/6/2014
Closed: 5/4/2015
Contract Date: 4/1/2014

Listing Courtesy of Elliman - Raphael De Niro

Listing Contact: (212) 460-0655

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 2:54 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

Condo Due Diligence Checklist

What to review before signing: financials, reserve fund, offering plan.

Read article

How to Read a Condo Offering Plan

Decode the offering plan before you commit to any new development.

Read article

NYC Mansion Tax: 2026 Guide

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

Read article

Interested in this property?

Your info is secure and never shared.

View Active Listings Call Milton