--- title: "109 MERCER Street #5M, New York City, NY 10012" description: "109 MERCER Street #5M, New York City, NY 10012 — SoHo, New York City, NY. Listing Price $4,795,000. 3 bed, 3 bath, 2,177 sqft Illustrative Buyer Commission Share of $71,925 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10012/109-mercer-street-5m-ny-10012" source: "Real Estate Rebate Team" dateModified: "2026-09-08T17:55:43.565Z" status: "Active" --- # 109 MERCER Street #5M, New York City, NY 10012 SoHo, New York City, NY Courtesy of PROMEST Last updated: September 8, 2026, 1:55 PM ## At a Glance - **Listing Price**: $4,795,000 - **Beds**: 3 - **Baths**: 3 - **Sqft**: 2,177 - **Common Charges**: $3,887 / mo - **Price per Sqft**: $2,203 - **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**: $4,795,000 - **Illustrative Buyer Commission Share**: -$71,925* - **Illustrative Net Cost**: $4,723,075 *Illustrative Buyer Savings of $71,925 — 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 #5M, New York City, NY 10012 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d8f1caf5-fbf3-4a14-a603-dd61dac655fe.jpg) ![109 MERCER Street #5M, New York City, NY 10012 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/90a90ccb-cdfe-4078-a5b1-bc8975097f25.jpg) ![109 MERCER Street #5M, New York City, NY 10012 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3ad760f5-473a-4d52-b769-de311984315b.jpg) ![109 MERCER Street #5M, New York City, NY 10012 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f0f108c3-68eb-470d-9af9-b9c4816ee232.jpg) ![109 MERCER Street #5M, New York City, NY 10012 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5fe71f0e-d7ae-455c-8d92-19adf6ef5f6a.jpg) ![109 MERCER Street #5M, New York City, NY 10012 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f2c63388-bf33-430d-b8dd-0346b7a35906.jpg) ![109 MERCER Street #5M, New York City, NY 10012 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9d1ebca2-ac42-4631-911a-da7000c916ea.jpg) ![109 MERCER Street #5M, New York City, NY 10012 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/245b7d88-ca83-4b21-b0e7-884d1c492997.jpg) ![109 MERCER Street #5M, New York City, NY 10012 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9dc3b0f6-30db-4f19-9a41-b946b64e8294.jpg) ![109 MERCER Street #5M, New York City, NY 10012 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4e2adfe4-36d9-48ac-841c-4f528279da65.jpg) ## Property Overview A rare full-floor SoHo recent condominium offering scale, 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. ## Property Details - **Property Type**: Loft - **Beds**: 3 - **Baths**: 3 - **Rooms**: 5 - **Sqft**: 2,177 sqft - **Stories**: 7 - **Year Built**: 2006 - **Price per Sqft**: $2,203 - **Common Charges**: $3,887 / Monthly - **Listed On**: Sep 8, 2026 - **Days on Market**: 1 Days ### Residence Features - Central Air - Building Other - Washer Hookup - In Unit - High Ceilings - Walk-In Closet(s) - Dishwasher ## Sales Evidence ### Recent closed sales 4 apartments at Mercer Greene have recorded sales since September 2021, the most recent for $4,700,000 in May 2026. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | 5B (Duplex) | 3 | 2,100 | $4,700,000 | $2,238/ft² | May 6, 2026 | City record · MLS | | PH-6A (Apartment) | 3 | 2,268 | $5,575,000 | $2,458/ft² | December 5, 2025 | City record · MLS | | 3A (Apartment) | 2 | 1,683 | $3,450,000 | $2,050/ft² | May 19, 2022 | City record · MLS | | 2A (Apartment) | 3 | 2,305 | $5,400,000 | $2,343/ft² | May 6, 2022 | City record · MLS | Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below. ### How this price compares The median closed price for comparable three-bedroom sales at Mercer Greene is $5,400,000, based on 3 sales between May 2022 and May 2026. This home is asking $4,795,000, $605,000 below that median. The middle half of those sales closed between $5,050,000 and $5,487,500. - **Median closed price**: $5,400,000 - **Middle half**: $5,050,000 – $5,487,500 - **Based on**: 3 three-bedroom sales at Mercer Greene - **Period**: May 2022 – May 2026 - **Median $/ft²**: $2,343/ft² Across the 3 of these sales with a published asking price, the median closed at 98.2% of what it originally asked. 67% of them closed below the original ask. ### How these sales were negotiated - **Sold vs original ask**: 98.2% of the original ask - **Closed below ask**: 67% of 3 sales - **Listed → in contract**: 79 days (about 11 weeks) - **In contract → closed**: 26 days (about 4 weeks) Across the 3 of these sales with a published asking price, the median closed at 98.2% of what it originally asked. 67% of them closed below the original ask. Half of these homes were in contract within 79 days (about 11 weeks) of coming to market, based on the 3 with a recorded listing date. Once a deal was agreed, closing took a further 26 days (about 4 weeks), based on the 3 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 3 three-bedroom sales at Mercer Greene, May 2022 – May 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ. 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 Mercer Greene](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/mercer-greene) ## About The Building ### Mercer Greene SoHo · Condominium 92 Greene Street, New York, NY 10012 A building in SoHo, currently featuring 2 active listings. - **Year Built**: 2005 - **Total Units**: 2 - **Floors**: 7 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/mercer-greene) ### Available Residences — For Sale (2) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [5M](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10012/109-mercer-street-5m-ny-10012) | 3 | 3 | 2,177 sqft | $2,203 | $4,795,000 | PROMEST | Sep 8, 2026 | 1 days | | [4A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10012/92-greene-street-a-4A-ny-10012) | 4 | 5 | 4,485 sqft | $1,895 | $8,500,000 (-5.5%) | Sothebys International Realty | Jul 8, 2026 | 63 days | ## Estimated Monthly Payment **$28,133 / month**, assuming a 20% down payment ($959,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $24,246 - **Common Charges**: $3,887 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 - [Mercer Greene — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/mercer-greene) - [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.