SOLD FOR $5,100,000
Listed at $5,650,000 · Sold 9.7% below asking · Closed December 12, 2020
40 Mercer Street #5E
MLS® #RLS10904727
Listing by BOND New York
3
Bedrooms
3.5
Baths
2,370
Sq. Ft.
2006
Year Built
Quick Summary
Property Highlights
- Parking: Private garage
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Feb 5, 2021 | $5,650,000 | - |
| Currently | May 5, 2026 | $5,650,000 | - |
Description
The collaboration between hotel visionaire Andre Balazs and famed architect Jean Nouvel is an extraordinary testament to modern luxury, elegance, progressive architecture and ingenious engineering. 40 Mercer is a stunning 14-story condominium offering magnificent glass curtain walls with a rhythm of panes in vibrant hues of red and blue. As one would expect, these unparalleled residences come complete with all the concierge service necessary for the most sophisticated lifestyle.Residence 5E features three bedrooms, three bathrooms and a powder room. With a loft-like feel and high 12-foot ceilings, the space is expansive with free flowing spaces, floor-to-ceiling windows facing South and East, and kitchen and bathrooms that incorporate the most luxurious finishes, fittings and appliances. Upgrades include a completely new Lutron lighting system and a built-in electronic, remote controlled wall bed. The building features a 24-hour doorman and concierge, underground parking, pool, sauna, whirlpool, fitness center, landscaped courtyard and rooftop terrace.
Features & Amenities
Interior Features
Financial Details
About SoHo
View All SoHo ListingsSoHo 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 NeighborhoodActive Listings
74
Median Asking Price
$4.30M
Median $/Sqft
$2,006
Avg Days on Market
N/A
New This Week
2
Price Reduced
23%
Sold (30 Days)
8
Median Sale Price
$3.44M
Live data from RLS at REBNY • Updated 5/4/26, 8:52 PM EST
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Location
40 Mercer Street #5E, SoHo, New York County • Near Grand St/Broome St
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
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
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed common charges are $3,644 per month. Confirm the exact amount with the listing broker before making an offer.
The current listed annual property tax is $10,260, or roughly $855 per month. Verify the current assessment with your attorney before closing.
This property has 3 bedrooms and 3 full bathrooms and 1 half bathroom.
The listed interior living area is 2,370 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 $5,650,000 for 2,370 sq ft, the asking price per square foot is approximately $2,384. 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) 416-7433Listing Courtesy of BOND New York - Adam Taylor
Listing Contact: (917) 428-7146
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 Data display by Keller Williams NYC. Data last updated on 5/5/2026 at 12:52 AM UTC