--- title: "109 Mercer Street #3, New York City, NY 10012" description: "109 Mercer Street #3, New York City, NY 10012 — SoHo, New York City, NY. Listing Price $3,495,000. 2 bed, 2 bath, 1,534 sqft Illustrative Buyer Commission Share of $52,425 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10012/109-mercer-street-3-ny-10012" source: "Real Estate Rebate Team" status: "Active" --- # 109 Mercer Street #3, New York City, NY 10012 SoHo, New York City, NY Courtesy of Compass ## At a Glance - **Listing Price**: $3,495,000 - **Beds**: 2 - **Baths**: 2 - **Sqft**: 1,534 - **Common Charges**: $2,746 / mo - **Monthly Taxes**: $1,910 / mo - **Price per Sqft**: $2,278 - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $3,495,000 - **Illustrative Buyer Commission Share**: -$52,425* - **Illustrative Net Cost**: $3,442,575 *Illustrative Buyer Savings of $52,425 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (10) ![109 Mercer Street #3, New York City, NY 10012 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/51fbdfdd-9943-4636-ae45-74f4a9de44a9.jpg) ![109 Mercer Street #3, New York City, NY 10012 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/da2bacab-8149-4433-ac61-7105332f6736.jpg) ![109 Mercer Street #3, New York City, NY 10012 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b9f672f0-9edd-455c-88b3-19820d99037a.jpg) ![109 Mercer Street #3, New York City, NY 10012 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/469c1b05-3dcf-4090-b983-ff8808d55c03.jpg) ![109 Mercer Street #3, New York City, NY 10012 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/56140537-7396-4189-be8d-4899366aebbb.jpg) ![109 Mercer Street #3, New York City, NY 10012 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6c813344-3c6b-4dfd-8a22-2367cccab511.jpg) ![109 Mercer Street #3, New York City, NY 10012 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/34ec5e18-0da0-4dac-882e-a682642beffb.jpg) ![109 Mercer Street #3, New York City, NY 10012 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/749e03b9-4e4f-4a57-b430-951e8801af95.jpg) ![109 Mercer Street #3, New York City, NY 10012 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/02a2e6d9-89b7-4033-85fa-1ed27bedf376.jpg) ![109 Mercer Street #3, New York City, NY 10012 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3ad9923b-7238-495b-b5e9-2fd8d309172c.jpg) ## Property Overview Extraordinary SoHo living awaits in this stunning full-floor two-bedroom, two-bathroom loft combining contemporary construction and impeccable finishes with reverent historic inspiration on a sought-after Belgian-block street. Key-locked elevator access delivers you directly to this 1,534-square-foot showplace where 11-foot-tall ceilings with LED cove lighting soar above updated wide-plank oak floors and wide swaths of art walls perfect for your prized collection. Relax and entertain in the sprawling 19.5-foot-by-22.5-foot great room, featuring a marble-trimmed gas fireplace, designer lighting, and walls of east-facing windows framing quintessential views of Mercer Street and historic cast-iron architecture. Plan your next culinary achievement in the gleaming open kitchen, where sleek white lacquer cabinetry and Caesarstone countertops surround a fleet of top-of-the-line Miele appliances, including a gas cooktop, wall oven, built-in microwave, dishwasher, and coffee system. A separate wine refrigerator makes gracious hosting effortless. Bedrooms are placed along the rear western exposure for optimal peace. In the primary suite, you’ll find a king-size layout, a large walk-in closet/dressing area and an en suite spa bathroom with a glass shower, soaking tub, double vanity and heated floors. The second bedroom has a roomy closet of its own, and the well-appointed guest bathroom features a large tub/shower. Central HVAC, an in-unit Bosch washer-dryer and private storage add comfort and convenience to this turnkey SoHo sanctuary. Mercer Greene is a contemporary building seamlessly integrated into the SoHo Cast-Iron Historic District. The block-through condominium consists of 14 total units in two towers with separate entrances: The Greene Street lobby offers part-time doorman service Monday-Thursday and 24-hour service Friday–Sunday. The Mercer Street entrance provides Butterfly MX video intercom access. Residents of the pet-friendly building also enjoy storage and a bike room. In this prime location between Spring and Prince, you’re at the epicenter of the world-class dining, shopping and nightlife that make SoHo one of the most coveted neighborhoods in the world. Browse the Tiffany, Louis Vuitton, Chanel and Apple stores right outside your door and enjoy easy access to Hudson Square's media and tech offices. Peruse local galleries and indulge in the culinary offerings of Laduree, Dominique Ansel Bakery, Lure Fishbar, Fanelli Café and Balthazar. Access to transportation is unbeatable with C/E, N/Q/R/W, B/D/F/M, 6 and 1 trains, excellent bus service and CitiBikes all nearby. The owner is a Licensed Real Estate Salesperson in the State of New York and a listing agent for this property. ## Property Details - **Property Type**: Condominium - **Beds**: 2 - **Baths**: 2 - **Rooms**: 5 - **Sqft**: 1,534 sqft - **Stories**: 7 - **Year Built**: 2007 - **Price per Sqft**: $2,278 - **Common Charges**: $2,745.96 / Monthly - **Monthly Taxes**: $1,910 / mo - **Listed On**: Jul 11, 2026 - **Days on Market**: 62 Days ### Residence Features - Central Air - Central - See Remarks - Built-in Features - Soaking Tub - Dryer - Washer - Security System ## Sales Evidence ### How this price compares The median closed price for comparable condo two-bedroom sales in SoHo is $3,350,000, based on 31 sales between October 2024 and July 2026. This home is asking $3,495,000, $145,000 above that median. The middle half of those sales closed between $2,499,000 and $4,625,000. - **Median closed price**: $3,350,000 - **Middle half**: $2,499,000 – $4,625,000 - **Based on**: 31 condo two-bedroom sales in SoHo - **Period**: October 2024 – July 2026 - **Median $/ft²**: $2,095/ft² Across the 26 of these sales with a published asking price, the median closed at 94.5% of what it originally asked. 77% of them closed below the original ask. This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from SoHo instead. ### How these sales were negotiated - **Sold vs original ask**: 94.5% of the original ask - **Closed below ask**: 77% of 26 sales - **Listed → in contract**: 101 days (about 14 weeks) - **In contract → closed**: 55 days (about 8 weeks) Across the 26 of these sales with a published asking price, the median closed at 94.5% of what it originally asked. 77% of them closed below the original ask. Half of these homes were in contract within 101 days (about 14 weeks) of coming to market, based on the 25 with a recorded listing date. Once a deal was agreed, closing took a further 55 days (about 8 weeks), based on the 26 with both dates recorded. These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure. Based on 31 condo two-bedroom sales in SoHo, October 2024 – July 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ. ### Price trend Median sold price for condo and house two-bedroom sales in SoHo, 2017 to 2025. The series is held to one bedroom count and one ownership type for the same reason: an unfiltered median tracks which apartments sold, not what they were worth. | Year | Median sold price | Sales | | --- | --- | --- | | 2017 | $3,825,000 | 22 | | 2018 | $2,742,500 | 10 | | 2021 | $2,525,000 | 13 | | 2022 | $3,450,000 | 18 | | 2023 | $2,946,750 | 15 | | 2024 | $3,284,500 | 14 | | 2025 | $3,650,000 | 21 | This building does not have enough sales with a recorded floor area to chart its own price per square foot, which is usual for a co-op. The series above follows comparable homes across SoHo instead. Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. [See every recorded sale at 109 Mercer Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/109-mercer-street) ## Price and Property History for 109 Mercer Street, Unit 3 Review the recorded listing activity for 109 Mercer Street, Unit 3, including asking-price changes and prior market dates. - **Latest price change**: Reduced by $200,000, or 5.4%, on July 10, 2026 - **Originally listed**: May 27, 2026 at $3,495,000 - **Current asking price**: $3,495,000 - **Last sold (recorded)**: $3,400,000 on March 21, 2018 | Date | Price | Listing event | | --- | --- | --- | | July 10, 2026 | $3,495,000 | Asking price reduced by $200,000, or 5.4% | | May 27, 2026 | $3,495,000 | Listed for sale by Compass | | March 21, 2018 | $3,400,000 | Sold — recorded sale price | | August 26, 2015 | — | Sold | | April 29, 2015 | $3,695,000 | Listed for sale by Sothebys International Realty | | April 29, 2015 | $3,695,000 | Listed for sale by Sotheby's International Realty, Inc. | ## Property Tax History Taxes at 109 Mercer Street #3 were $29,091 in 2026, up 4.1% from 2025. | Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate | | --- | --- | --- | --- | --- | --- | --- | | 2026 (FY 2026/27) | $252,351 | $57,683 | $194,668 | $232,727 | $29,091 | 12.5% (estimated) | | 2025 (FY 2025/26) | $242,454 | $57,683 | $184,771 | $223,469 | $27,934 | 12.5% (estimated) | | 2024 (FY 2024/25) | $210,318 | $57,683 | $152,635 | $210,318 | $26,290 | 12.5% | | 2023 (FY 2023/24) | $241,464 | $57,683 | $183,781 | $223,141 | $27,897 | 12.502% | | 2022 (FY 2022/23) | $217,056 | $57,683 | $159,373 | $217,056 | $26,626 | 12.267% | | 2021 (FY 2021/22) | $206,063 | $57,683 | $148,380 | $206,063 | $24,911 | 12.235% | | 2020 (FY 2020/21) | $228,133 | $57,683 | $170,450 | $214,838 | $26,061 | 12.267% | | 2019 (FY 2019/20) | $222,994 | $57,683 | $165,311 | $202,509 | $24,968 | 12.473% | | 2018 (FY 2018/19) | $220,067 | $57,683 | $162,384 | $186,005 | $23,150 | 12.612% | | 2017 (FY 2017/18) | $215,540 | $57,683 | $157,857 | $172,549 | $17,870 | 12.719% | | 2016 (FY 2016/17) | $187,468 | $57,683 | $129,785 | $158,678 | $16,683 | 12.892% | | 2015 (FY 2015/16) | $166,493 | $57,683 | $108,810 | $163,070 | $13,239 | 12.883% | | 2014 (FY 2014/15) | $140,463 | $57,683 | $82,780 | $167,844 | $13,578 | 12.855% | | 2013 (FY 2013/14) | $152,783 | $57,683 | $95,100 | $178,755 | $10,369 | 13.145% | | 2012 (FY 2012/13) | $146,191 | $57,683 | $88,508 | $187,284 | $10,847 | 13.181% | | 2011 (FY 2011/12) | $209,412 | $57,685 | $151,727 | $198,764 | $6,662 | 13.433% | | 2010 (FY 2010/11) | $190,374 | $57,684 | $132,690 | $191,147 | $6,419 | 13.353% | The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one. Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls. Figures are the New York City Department of Finance assessment roll for tax lot 1004991514. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change. [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### 109 Mercer Street SoHo · Condominium 109 Mercer Street, New York, NY 10012 A building in SoHo, currently featuring 1 active listing. - **Year Built**: 2007 - **Total Units**: 1 - **Floors**: 7 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/109-mercer-street) ### Available Residences — For Sale (1) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [3](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10012/109-mercer-street-3-ny-10012) | 2 | 2 | 1,534 sqft | $2,278 | $3,495,000 (-5.4%) | Compass | Jul 11, 2026 | 61 days | ## Estimated Monthly Payment **$22,329 / month**, assuming a 20% down payment ($699,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $17,673 - **Property Taxes**: $1,910 - **Common Charges**: $2,746 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Potential NYC Second-Home Tax This property may be subject to New York City’s non-primary residence surcharge if it is not used as a qualifying primary residence. The surcharge is based on the NYC Department of Finance market value, not the listing price. [Estimate the Potential Surcharge](https://realestaterebatesnewyork.com/calculators/nyc-second-home-tax-calculator) ## SoHo Overview of SoHo [Explore SoHo](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/soho) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby SoHo - [Nolita real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/nolita) - [Tribeca real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/tribeca) - [Little Italy real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/little-italy) - [NoHo real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/noho) - [Greenwich Village real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/greenwich-village) - [West Village real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/west-village) - [Nolita real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/nolita) - [Tribeca real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/tribeca) - [Little Italy real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/little-italy) - [NoHo real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/noho) - [Greenwich Village real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/greenwich-village) - [West Village real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/west-village) ## Related Links - [109 Mercer Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/109-mercer-street) - [SoHo neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/soho) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > RLS IDX Data display by Real Estate Rebate Team. This 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. > All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.