Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $3,225,000

· Closed November 28, 2023

77 Mercer Street #5N
Closed For Sale Condo

$3,225,000

$1,730 per sq ft

77 Mercer Street #5N

SoHo, Manhattan

MLS® #RLS10947022

RLS at REBNY

Listing by Compass

2

Bedrooms

2

Baths

1,864

Sq. Ft.

1900

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,864 sq ft
Year Built 1900
Ownership Condo
HOA/Common Charges $1,197/mo
Property Taxes $27,204/yr
Neighborhood SoHo
Floor 5 of 6

Property Highlights

  • Exposure: East,West facing
  • Fireplace: 1 fireplace
  • Style: Loft architecture

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
Baths 2 Full
Floor 5 of 6
Exposure East,West
Heating Central
Cooling Central Air
Pets CatsOk
Year Built 1900
Living Area 1,864 sq ft
Architectural Style Loft
Flooring Hardwood
Furnished Unfurnished
Parcel # 0485-1020
Block/Lot 00485/1020

Listing History

Event Date Price Change
Listed Aug 28, 2023 $3,500,000 -
Price Reduced Apr 5, 2024 $3,300,000 -5.7%
Currently May 4, 2026 $3,225,000 -2.3%

Description

Residence 5N at 77 Mercer Street offers a unique and luxurious living experience in the heart of SoHo's historic Cast-Iron District in Downtown New York City. This two-bedroom, two-bathroom condominium loft is situated within a meticulously preserved building that dates back to 1876. The loft features a private and secure entrance through a key-locked elevator that opens directly into the home’s vestibule. The main highlight of the residence is its expansive great room, which spans almost 24 feet and boasts 11-foot ceilings, maple hardwood flooring, and charming historic elements. Natural light floods the loft through three large 7-foot windows that face the eastern sky, creating an airy and inviting ambiance. The room also includes a functional wood-burning fireplace and exposed floor-to-ceiling wooden beams that pay homage to the area's rich history. The open kitchen is a chef's dream, equipped with a vented industrial hood placed above a custom island featuring a Viking Professional gas range-top. The kitchen is adorned with white subway tile and top-of-the-line stainless steel appliances, including Sub-Zero and Viking Professional. A wine fridge and ample cabinetry add both style and functionality to the space. A hallway, equipped with built-in storage, leads to two spacious west-facing bedrooms filled with natural light. Both bedrooms are fitted with CitiQuiet windows to ensure tranquility. The primary suite boasts an exposed brick wall, multiple spacious closets, and a vibrant bathhouse-inspired "spa" reminiscent of SoHo’s artistic roots. This unique retreat features a double-sink vanity, a mosaic wet-room, and a vintage cast-iron clawfoot soaking tub, all illuminated by a mesmerizing chandelier. The second bedroom offers a built-in desk, exposed wooden beams, and an adjacent bathroom adorned with gray slate tile and a glass-enclosed “halo” rain shower. This residence also offers central air conditioning, in-unit laundry, a windowed bench spanning the width of the residence, art rails (for the avid collector) and well-designed built-ins and storage throughout. A private storage unit is included. 77 Mercer is a boutique residential loft condominium spanning six stories. The building's exterior has been meticulously conserved, preserving its historic charm. The structure is divided into two distinct portions, each with separate entrances equipped with video intercoms and secure key-locked elevators, ensuring residents' privacy and security. Located along the cobblestone stretch of Mercer Street, the condominium is conveniently situated near some of Manhattan's most renowned boutiques and restaurants. The area offers a quintessential SoHo experience, combining the bustling city atmosphere with serene surroundings. The residence is also well-connected in terms of transportation, with close proximity to most subway lines, including 6, N, R, W, J, Z, A, C, and E, providing easy access to various parts of the city. Please note the building does not allow dogs; however, cats are welcome.

Features & Amenities

Interior Features

Built In Features Double Vanity Entrance Foyer High Ceilings Pantry Recessed Lighting Soaking Tub Building Washer Dryer Install Allowed In Unit Flooring: Hardwood Double Pane Windows Window Treatments Fireplace (1)

Exterior Features

Private Entrance

Appliances

Double Oven Dryer Dishwasher Gas Cooktop Gas Oven Range Hood Stainless Steel Appliances Wine Cooler Washer

Building Information

Building Data View Compliance & Permits
Total Units 10
Stories 6
Style Loft

Financial Details

Common Charges $1,197/mo
RE Taxes $27,204/yr ($2,267/mo)
Original Price $3,500,000
Sale Price $3,225,000
Previous Price $3,300,000

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

6

Median Asking Price

$6.78M

Median $/Sqft

$2,432

Avg Days on Market

N/A

New This Week

0

Price Reduced

50%

Sold (30 Days)

1

Median Sale Price

$1.64M

Live data from RLS at REBNY • Updated 5/4/26, 6:24 PM EST

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Location

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77 Mercer Street #5N, SoHo, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1876
Year Built
150 years old
6
Floors
10
Residential Units
M1-5/R7X
Zoning District
Condominiums Historic District: SoHo-Cast Iron Historic District

Tax & Assessment

Assessed Value: $5,038,343
Land Value: $659,250
Exemptions: $2,290

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

Lot Area: 5,008 SF
Building Area: 27,175 SF
Built FAR: 5.43
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 $1,197 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $27,204, or roughly $2,267 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 1,864 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1900, making it approximately 126 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 $3,225,000 for 1,864 sq ft, the asking price per square foot is approximately $1,730. 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: RLS10947022
First Listed: 10/26/2023
On Market: 8/28/2023
Price Changed: 4/5/2024
Closed: 11/28/2023
Contract Date: 8/28/2023

Listing Courtesy of Compass - Heather McDonough

Listing Contact: (917) 566-6644

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 5/4/2026 at 10:24 PM UTC

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