Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $3,425,000

· Closed May 14, 2025

131 Mercer Street #2B
Closed For Sale Condo

$3,425,000

$1,672 per sq ft

131 Mercer Street #2B

SoHo, Manhattan

MLS® #RLS11032384

RLS at REBNY

Listing by Compass

3

Bedrooms

2.5

Baths

2,049

Sq. Ft.

1900

Year Built

Quick Summary

Bedrooms 3
Bathrooms 3 full, 1 half
Living Area 2,049 sq ft
Year Built 1900
Ownership Condo
HOA/Common Charges $1,086/mo
Property Taxes $17,400/yr
Neighborhood SoHo
Floor 2 of 6

Property Highlights

  • Climate Control: Central Air
  • Character: Pre-war building (1900)

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
Baths 2 Full, 1 Half
Floor 2 of 6
Heating Baseboard
Cooling Central Air
Pets Yes
Year Built 1900
Living Area 2,049 sq ft
Structure Type MixedUse
Flooring Hardwood
Furnished Unfurnished
Parcel # 0499-1011
Block/Lot 00499/1011

Listing History

Event Date Price Change
Listed Feb 4, 2025 $3,500,000 -
Currently May 4, 2026 $3,425,000 -2.1%

Description

This Mercer street condo loft is located on an iconic cobblestoned block in the heart of SoHo between Prince & Spring Streets. Currently configured as a 3-bedroom, 2.5 full bath home with a spacious dining area and an expansive living room that extends a lavish 37+ feet! This flexible corner space is the perfect canvas to create your dream sanctuary. This residence includes ceilings approaching 10 feet with additional room to raise, oversized windows, architectural columns, central A/C, a partially open kitchen, hardwood floors, along with a vented washer/dryer. Additional features include dual north/west exposures, recessed lighting, built in cabinets, dressers and desks, excellent closet space and walk in closets. EXTREMELY LOW MONTHLIES make this a compelling opportunity. The Site Building Condominium is a historic landmark and was constructed with a brick and stone façade with a cast iron storefront and is an exquisite boutique condo. The building features an updated lobby with a ButterflyMX video intercom system with two residences per floor, access by key-locked elevator and a common roof deck area. It is surrounded by The Mercer Hotel, trendy restaurants, bars, cafes, shops, is close to NoHo, Greenwich Village, West Village and many of NYC's most iconic and cultural institutions.

Features & Amenities

Interior Features

Breakfast Bar Bidet Built In Features High Ceilings Recessed Lighting Walk In Closets See Remarks Flooring: Hardwood

Appliances

Dishwasher Gas Cooktop

Building Information

Building Data View Compliance & Permits
Total Units 10
Stories 6
Structure MixedUse

Financial Details

Common Charges $1,086/mo
RE Taxes $17,400/yr ($1,450/mo)
Original Price $3,500,000
Sale Price $3,425,000
Previous Price $3,500,000

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

1

Median Asking Price

$2.00M

Median $/Sqft

$1,953

Avg Days on Market

N/A

New This Week

0

Price Reduced

100%

Sold (30 Days)

0

Median Sale Price

N/A

Live data from RLS at REBNY • Updated 5/4/26, 10:15 AM EST

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Location

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131 Mercer Street #2B, SoHo, New York County

Building Information

Official NYC property records for this building

1869
Year Built
157 years old
6
Floors
10
Residential Units
M1-5/R7X
Zoning District
Condominiums Historic District: SoHo-Cast Iron Historic District

Tax & Assessment

Assessed Value: $6,163,651
Land Value: $668,249
Exemptions: $0

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

Lot Area: 5,000 SF
Building Area: 27,118 SF
Built FAR: 5.42
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 $1,086 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $17,400, or roughly $1,450 per month. Verify the current assessment with your attorney before closing.

This property has 3 bedrooms and 2 full bathrooms and 1 half bathroom.

The listed interior living area is 2,049 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.

Pet policy requires confirmation with the listing broker.

At the current list price of $3,425,000 for 2,049 sq ft, the asking price per square foot is approximately $1,672. 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: RLS11032384
First Listed: 2/4/2025
On Market: 2/4/2025
Price Changed: 5/14/2025
Closed: 5/14/2025
Contract Date: 1/2/2025

Listing Courtesy of Compass - Andrew M Feiwel

Listing Contact: (917) 226-8429

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 2:15 PM UTC

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