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25 Mercer Street

Soho, NYC

$25,000,000

Condominium For Sale
25 Mercer Street, Soho, NYC, 10013, $25,000,000, Property For Sale, Halstead Real Estate, Photo 1
25 Mercer Street, Soho, NYC, 10013, $25,000,000, Property For Sale, Halstead Real Estate, Photo 2
25 Mercer Street, Soho, NYC, 10013, $25,000,000, Property For Sale, Halstead Real Estate, Photo 3
25 Mercer Street, Soho, NYC, 10013, $25,000,000, Property For Sale, Halstead Real Estate, Photo 4
25 Mercer Street, Soho, NYC, 10013, $25,000,000, Property For Sale, Halstead Real Estate, Photo 5
25 Mercer Street, Soho, NYC, 10013, $25,000,000, Property For Sale, Halstead Real Estate, Photo 6
25 Mercer Street, Soho, NYC, 10013, $25,000,000, Property For Sale, Halstead Real Estate, Photo 7
25 Mercer Street, Soho, NYC, 10013, $25,000,000, Property For Sale, Halstead Real Estate, Photo 8
25 Mercer Street, Soho, NYC, 10013, $25,000,000, Property For Sale, Halstead Real Estate, Photo 9
25 Mercer Street, Soho, NYC, 10013, $25,000,000, Property For Sale, Halstead Real Estate, Photo 10
25 Mercer Street, Soho, NYC, 10013, $25,000,000, Property For Sale, Halstead Real Estate, Photo 11
25 Mercer Street, Soho, NYC, 10013, $25,000,000, Property For Sale, Halstead Real Estate, Photo 12
25 Mercer Street, Soho, NYC, 10013, $25,000,000, Property For Sale, Halstead Real Estate, Photo 13
25 Mercer Street, Soho, NYC, 10013, $25,000,000, Property For Sale, Halstead Real Estate, Photo 14
25 Mercer Street, Soho, NYC, 10013, $25,000,000, Property For Sale, Halstead Real Estate, Photo 15
25 Mercer Street, Soho, NYC, 10013, $25,000,000, Property For Sale, Halstead Real Estate, Photo 16
25 Mercer Street, Soho, NYC, 10013, $25,000,000, Property For Sale, Halstead Real Estate, Photo 17
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  • 4 Beds
  • 5 Baths
  • 9 Rooms
  • 4,350 Sqft
  • Penthouse Listing
  • City Views
  • Pet Friendly Amenity

Property Details

Location: Soho, NYC
Price: $25,000,000
Common Charges: $2,949.00
Real Estate Tax: $8,742.00
Financing: 90%
Approx. square ft: 4,350 sf
Property Type: Condominium
Type: Condominium
Web #: 20834333
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Residence Information

Penthouse: Yes
Rooms: 9.0
Bedrooms: 4
Bathrooms: 5.0
Period: Pre-War
Built: 1920
Sublet Approval: Required

Features

City Views Outdoor Space Washer/Dryer

Building Information

Pets Allowed

Walk Score

25 Mercer Street

Introducing a one-of-a-kind duplex penthouse with two private outdoor rooftop terraces in a boutique condo within the fabled SoHo Cast-Iron Historic District. The penthouse in 25 Mercer offers a modern interpretation of... Read More

Introducing a one-of-a-kind duplex penthouse with two private outdoor rooftop terraces in a boutique condo within the fabled SoHo Cast-Iron Historic District.

The penthouse in 25 Mercer offers a modern interpretation of the classic SoHo loft, balancing perfectly restored cast iron detailing with sophisticated modern design. It is a magnificent, light-filled duplex penthouse crowned with a spectacular private rooftop. The interior (4,350 square feet) provides north, east, and west exposures coupled with a skylight that floods the palatial living space with brilliant natural light. The private and exclusive rooftop (2,618 square feet) is an oasis in the sky, offering panoramic 360-degree views of downtown Manhattan.

More than a prominent residence, the penthouse presents a strong investment opportunity with a net operating income of $639,708 and CAP rate of 2.5% given the total monthly carrying costs of $11,691 (taxes + common charges) and monthly rental potential of $65,000 per month.

Built in 1867, the building represents the architectural beauty of New York's elegant Gilded Age, updated with a refined contemporary sensibility. Mercer Street is one of the most desirable cobblestone streets in SoHo, which represents the sophisticated intersection of fashion, art, dining, and business.

Internet Data Exchange  Courtesy of Elliman

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