109 MERCER Street 5M
Manhattan, NY, 10012 $ 4,795,000
Bedrooms3 Baths3.0 Sq 2,177 Monthly Estimate*
$ 30,276
for $4,795,000 with 3 bedrooms and 3 full baths. This 2,177 square foot condo was built in 2006.
A rare full-flοor ЅoΗo rесеnt condominium οffеrіng ѕcаle, privacy, immediate income and long-term potential. Currently leased through December 2027, the residence offers a compelling opportunity for an investor seeking income today or a future end user looking to secure a substantial SoHo home now and plan ahead.
Arrive directly by private keyed elevator into this impressive 2,177-square-foot, 3-bedroom, 3-bath residence, defined by approximately 14-foot ceilings and a dramatic wall of oversized east-facing windows.
The expansive living and dining space features custom wood paneling with concealed storage and television, while the open chef's kitchen is equipped with custom cabinetry, Sub-Zero refrigeration, Gaggenau cooking appliances, Bosch double ovens and a built-in Miele coffee system.
The distinctive multi-level layout provides exceptional separation between entertaining and private spaces. Upstairs, the primary suite enjoys south and west exposures, generous closets and a marble bath with soaking tub, separate rain shower and double vanity. An adjacent mezzanine overlooking the living room is ideal for a home office. Two additional bedrooms and a full bath occupy the lower level.
For an investor, the existing lease provides immediate income from day one and makes the property particularly attractive for buyers considering a 1031 exchange. For a future end user, it offers the opportunity to secure a prime SoHo residence today while using the lease period to plan and prepare a future renovation, if desired.
Additional features include central air conditioning, electric shades, an in-unit washer/dryer and private elevator access. No A.I.R. restrictions.
Located on Mercer Street in the heart of SoHo, this is a distinctive opportunity to acquire a true residential condominium combining loft-like scale and character with the flexibility of modern condo ownership.
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List ByChristophe BourreauListing Agent
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- Monthly Principal & Interest
- $30,276
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Average List Price $4,201,928
Percent of Sale Price 12%
About Manhattan, NY 1,662,179 Population
8% Since 2002
$ 86,055 Median Income
39.14 Median Age
16% Households with Children
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Pricing History| Date | Price | Price Change | Description |
|---|
| 9/8/2026 | $4,795,000 | | Listed Price |