SOLD FOR $11,500,000
· Closed April 1, 2024
47 Mercer Street #2
MLS® #RLS10962542
Listing by Compass
3
Bedrooms
2.5
Baths
4,000
Sq. Ft.
1880
Year Built
Quick Summary
Property Highlights
- Exposure: East,West facing
- Fireplace: 1 fireplace
- Climate Control: Central Air
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Sep 12, 2023 | $13,750,000 | - |
| Price Reduced | Apr 5, 2024 | $12,500,000 | -9.1% |
| Currently | May 4, 2026 | $11,500,000 | -8.0% |
Description
An audacious masterpiece, finished to a quality unlike anything on the market, Residence 2 at 47 Mercer Street is a once-in-a-generation, sumptuous home, whose qualities may only be distilled into one word: perfection. Spanning 4000 square feet with almost 50 feet of frontage over prime Mercer Street, Residence 2 was reimagined by Maurizio Bianchi Mattioli of Studio MBM; its completion was recently featured in Architectural Digest. With two luxe bedroom suites, a third smaller bedroom, and a media room/library, this is a grand and versatile home. Enormous eastern and western exposures let in incredible light, and 13-foot ceilings, punctuated by original Corinthian-style columns, allow it to shine throughout the home. The result is exquisitely SoHo: a historic loft, updated to the pinnacle of design, in a private cast iron building. Enter through the private keyed elevator into the great room. The entire home was designed to display an incredible art and furniture collection. The centerpiece of this 48-foot-wide loft is an enormous and versatile space of over 1,500 square feet, with room for multiple sitting configurations, countless art pieces of every size, dining for 14, and entertaining for dozens. The home has 12 inch-wide french white oak floors, each plank 9- to 15-feet long. The columns and the coffered ceiling provide texture and drama. A double-wide Carrera marble gas fireplace creates intimacy, while the monumental windows breathe life into the space. A media room/library, adjacent to the great room, includes charcoal lacquered built-in bookshelves on two sides, making a cozy, more private space for relaxing or reading. Both the media room and the great room have surround-sound speakers by Crestron, providing a concert-quality listening experience; in the media room, it is an immersive surround sound. At Residence 2, large spaces are left bright and open, while smaller areas are finished with darker colors, creating pockets of warmth among the sprawling home. Designed by Boffi, the kitchen is right off the great room; every level of finish and appliance is the highest quality. Furnished with appliances from Wolf and Subzero, including a double-wide wine fridge and an ice maker, the kitchen includes black cosmic granite throughout, lighted floating shelves, an eat-in island and prep area, and oversized refrigerator and freezer. The bedroom suites occupy the west wing of the loft. The principal suite was built as a quiet sanctuary. The walls are finished with Venetian plaster, forest green carpet lines the floors, and the Roman shades are made of a linen and horse hair weave. The entire bedroom suite, including the dressing room and the bathroom, also features hidden surround-sound speakers by Crestron built into the ceiling. The dressing room is an enclave in and of itself, matching the bedroom in size and offering black stained teak built-ins and a center island, along with custom Studio MBM lighting. The principal bathroom is reminiscent of a hotel spa. It’s lined by gray quartzite with brass accents, and has a Brutalist design without sacrificing warmth. Light from the window complements the gray stone, which adds texture to the vanity and is customized to hide bathroom paraphernalia. Other luxe customizations include heated floors, integrated lighting, a steam shower, and an automated Toto toilet. The second bedroom suite features a large closet and an en-suite bathroom. The third bedroom is a flexible and functional space, serving either as a walk-in closet for the second bedroom, a nursery, an office, or a small art studio. Residence 2 is wired throughout with a state-of-the-art Crestron smart home system controlling the surround-sound speakers, shades, HVAC, and lighting. The home includes a laundry room with washer/dryer, a powder room for guests, and a customized storage system by Boffi in the foyer. Built in 1872 as a factory for the Rocco Revival cabinetmaker Alexander Roux, and converted to c
Features & Amenities
Interior Features
Appliances
Building Information
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
$3.60M
Live data from RLS at REBNY • Updated 5/4/26, 2:26 PM EST
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Location
47 Mercer Street #2, SoHo, New York County
Floor Plans
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)
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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.
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Frequently Asked Questions
Common questions about this property
The current listed common charges are $2,009 per month. Confirm the exact amount with the listing broker before making an offer.
The current listed annual property tax is $57,552, or roughly $4,796 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 4,000 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.
Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.
At the current list price of $11,500,000 for 4,000 sq ft, the asking price per square foot is approximately $2,875. 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 Compass - Nicholas Gavin
Listing Contact: (646) 610-3055
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 5/4/2026 at 6:26 PM UTC