Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $2,995,000

Listed at $2,750,000 · Sold 8.9% above asking · Closed October 27, 2023

Closed For Sale Condo

$2,750,000

$1,824 per sq ft

159 MERCER Street #2E

Soho, Manhattan

null

MLS® #RLS10896476

RLS at REBNY

Listing by Brown Harris Stevens Residential Sales LLC

2

Bedrooms

2

Baths

1,508

Sq. Ft.

1880

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,508 sq ft
Year Built 1880
Ownership Condo
HOA/Common Charges $650/mo
Property Taxes $15,216/yr
Neighborhood Soho
Floor 2 of 4

Property Highlights

  • Style: Prewar architecture
  • Character: Pre-war building (1880)

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 2 Full
Floor 2 of 4
Pets Yes
Cross Street Prince St/W. Houston St
Year Built 1880
Living Area 1,508 sq ft
Architectural Style Prewar
Parcel # 0513-1102

Listing History

Event Date Price Change
Listed Sep 7, 2023 $2,750,000 -
Currently May 1, 2026 $2,750,000 -

Description

This stunning loft at 159 Mercer Street, 2E, is a true masterpiece that seamlessly combines historical charm with modern elegance.

Step inside and be captivated by the soaring ceiling height, allowing an abundance of natural light to flood the space. The original cast iron columns and tin ceilings add a touch of old-world charm, while the open floor plan creates a sense of spaciousness and freedom.

The chef's kitchen is a culinary dream, boasting top-of-the-line appliances including a Garland stove, Sub-Zero fridge, Bosch dishwasher, and an industrial size stainless steel sink. The stone countertops, wine fridge, and warming drawer complete this gourmet haven.

This loft offers more than just a beautiful living space, here you can take advantage of a live/work setup in the most ideal location. With a private keyed elevator and video intercom, your privacy and security are guaranteed. The convenience of a Bosch washer and dryer and central air conditioning adds to the comfort of this home.

Located in the coveted SoHo Cast Iron historic district, 159 Mercer Street was built in 1854 and exudes a rich history. Take a stroll along the cobblestone-paved Belgian blocks and immerse yourself in the vibrant atmosphere of this iconic neighborhood. Indulge in the plethora of shops, boutiques, restaurants, bars, and art galleries that surround you.

Features & Amenities

Appliances

Dryer Dishwasher Washer Dryer Allowed Washer

Building Information

Financial Details

Common Charges $650/mo
RE Taxes $15,216/yr ($1,268/mo)
Sale Price $2,995,000

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 5/1/26, 5:45 AM EST

Similar Listings in Soho

View All

Location

Loading map...

159 MERCER Street #2E, Soho, New York County • Near Prince St/W. Houston St

Virtual Tour

Floor Plans

Floor Plan 1
Floor Plan 2

Building Information

Official NYC property records for this building

1854
Year Built
172 years old
4
Floors
6
Residential Units
M1-5/R7X
Zoning District
Condominiums Historic District: SoHo-Cast Iron Historic District

Tax & Assessment

Assessed Value: $5,745,600
Land Value: $360,000
Exemptions: $278,515

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

Lot Area: 4,329 SF
Building Area: 15,814 SF
Built FAR: 3.65
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 $650 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $15,216, or roughly $1,268 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 2 full bathrooms.

The listed interior living area is 1,508 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1880, making it approximately 146 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.

Pet policy requires confirmation with the listing broker.

At the current list price of $2,750,000 for 1,508 sq ft, the asking price per square foot is approximately $1,824. 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 mcoste@kwnyc.com. 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: RLS10896476
First Listed: 9/7/2023
Price Changed: 9/7/2023
Closed: 10/27/2023
Contract Date: 9/7/2023

Listing Courtesy of Brown Harris Stevens Residential Sales LLC - Marc Schaeffer

Listing Contact: (212) 381-4250

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 5/1/2026 at 9:45 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