--- title: "115 Mercer Street #5, New York City, NY 10012" description: "115 Mercer Street #5, New York City, NY 10012 — SoHo, New York City, NY. Listing Price $8,500,000. 3 bed, 5 bath, 4,764 sqft Illustrative Buyer Commission Share of $127,500 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10012/115-mercer-street-5-ny-10012" source: "Real Estate Rebate Team" dateModified: "2026-10-20T16:56:08.644Z" status: "Active" --- # 115 Mercer Street #5, New York City, NY 10012 SoHo, New York City, NY Courtesy of Sothebys International Realty Last updated: October 20, 2026, 12:56 PM ## At a Glance - **Listing Price**: $8,500,000 - **Beds**: 3 - **Total Baths**: 5 - **Sqft**: 4,764 - **Common Charges**: $5,542 / mo - **Monthly Taxes**: $10,517 / mo - **Price per Sqft**: $1,784 - **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**: $8,500,000 - **Illustrative Buyer Commission Share**: -$127,500* - **Illustrative Net Cost**: $8,372,500 *Illustrative Buyer Savings of $127,500 — 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) ![115 Mercer Street #5, New York City, NY 10012 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4c8dc01f-8534-4a01-aaf8-f942aade3705.jpg) ![115 Mercer Street #5, New York City, NY 10012 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/461af263-f5f3-48bf-9319-8e7bb6b726bc.jpg) ![115 Mercer Street #5, New York City, NY 10012 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5b50b4b6-f00d-4b4c-9c31-81d9348e8f25.jpg) ![115 Mercer Street #5, New York City, NY 10012 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2dee69d6-9ceb-432b-9940-c36cbe9e7031.jpg) ![115 Mercer Street #5, New York City, NY 10012 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5b0289c0-97c5-4364-8dd6-5d31ca308434.jpg) ![115 Mercer Street #5, New York City, NY 10012 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3210530b-12f4-43a0-8775-8a1370de47dc.jpg) ![115 Mercer Street #5, New York City, NY 10012 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/529c6a68-536f-4eb6-bc0e-1f4799319c1f.jpg) ![115 Mercer Street #5, New York City, NY 10012 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7d4e864d-7139-4bdf-84f8-6385470b6557.jpg) ![115 Mercer Street #5, New York City, NY 10012 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9e5a83bf-772c-463c-9f0e-9a6a6e32ebb8.jpg) ![115 Mercer Street #5, New York City, NY 10012 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/eff6c6cb-753a-4bc1-ae0e-3b3919f1b794.jpg) ## Property Overview An exclusive opportunity to own an expansive full-floor condominium loft with private outdoor space in the heart of SoHo. Occupying the entire fifth floor of 115 Mercer Street, this approximately 4,764-square-foot residence offers generous entertaining spaces, three spacious bedrooms, four full bathrooms, a powder room and a peaceful private loggia. A keyed elevator opens directly into the residence, with six oversized arched windows overlooking Mercer Street. Ceiling heights ranging from approximately 11 to 15 feet establish an impressive sense of scale. The expansive living and dining area accommodates multiple seating arrangements, with a wood-burning fireplace framed by a floor-to-ceiling slate surround. Recently redone wide-plank hardwood floors, custom millwork and reclaimed-wood doors bring warmth and texture to the interiors. The open chef’s kitchen features French walnut cabinetry, “Sea Pearl” quartzite countertops, a Wolf range, Sub-Zero refrigerator, Miele dishwasher and wine refrigerator. A separate library provides a more intimate setting adjacent to the living space, while a newly added office behind the kitchen offers a dedicated workspace. Entered through reclaimed-wood sliding doors, the primary suite features soaring 15-foot ceilings, floor-to-ceiling custom bookcases and two walk-in closets. The primary bathroom is appointed with a Zuma soaking tub, dual marble vanities, heated limestone floors and a heated towel rack. Directly accessible from both the primary bedroom and the central hallway, the approximately 200-square-foot private loggia offers a sheltered outdoor retreat. Its elongated proportions allow for seating and greenery, creating a quiet extension of the suite away from the main entertaining rooms. Two generously sized secondary bedrooms occupy a separate wing, each with approximately 15-foot ceilings, a dressing room and an en-suite bathroom. A full-size laundry room with a washer and dryer, utility sink and space for household tasks offers the practicality more often associated with a suburban home. Extensive closets and lofted storage further distinguish the residence. With just eight residences and a part-time doorman, 115 Mercer offers an intimate condominium setting on a coveted cobblestone block between Spring and Prince Streets. In the heart of SoHo’s historic Cast Iron District, the location places luxury boutiques, galleries and destination dining just outside your front door. ## Property Details - **Property Type**: Condominium - **Beds**: 3 - **Total Baths**: 5 - **Rooms**: 10 - **Sqft**: 4,764 sqft - **Stories**: 7 - **Year Built**: 1900 - **Price per Sqft**: $1,784 - **Common Charges**: $5,542 / Monthly - **Monthly Taxes**: $10,517 / mo - **Listed On**: Oct 20, 2026 - **Days on Market**: 1 Days ### Residence Features - In Unit - See Remarks - Private Outdoor Space Over 60 Sqft - Built-in Features - Entrance Foyer - Eat-in Kitchen - Granite Counters - High Ceilings - Dryer - Dishwasher - Wine Cooler - Washer - Hardwood - City ## Estimated Monthly Payment **$59,040 / month**, assuming a 20% down payment ($1,700,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $42,981 - **Property Taxes**: $10,517 - **Common Charges**: $5,542 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Sales and market data ### Recent sales 2 apartments at 115 MERCER Street have recorded sales since October 2021, the most recent for $6,000,000 in July 2025. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | PH (Duplex) | 2 | 2,741 | $6,000,000 | $2,189/ft² | July 9, 2025 | City record · MLS | | 4A (Apartment) | 2 | 2,170 | $4,885,000 | $2,251/ft² | June 27, 2025 | 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 - **This home**: $8,500,000 - **Median sold price**: $5,098,412 - **Difference**: +$3,401,588 (+66.7%) - **This home, $/ft²**: $1,784 - **Median $/ft²**: $2,117 - **Comparable sales**: 20 - **Sales from**: January 2025 – July 2026 - **Middle half of those sales**: $4,262,500 – $6,129,375 Based on condo three-bedroom sales in SoHo. 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 - **Sale-to-list price**: 94.9% (17 sales) - **Sold below asking**: 88% (17 sales) - **Typical time to find a buyer**: 112 days (18 sales) - **Typical time to close**: 50 days (17 sales) Based on condo three-bedroom sales in SoHo with the required listing and closing data. Sample sizes vary by metric. 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. ### Price trend Median sale price, condo and house three-bedroom sales in SoHo | Year | Median sold price | Sales | | --- | --- | --- | | 2021 | $4,694,640 | 14 | | 2025 | $5,020,912 | 12 | | 2026 YTD | $5,575,000 | 11 | Based on recorded condo and house three-bedroom sales in SoHo. 2026 is year-to-date. Sales data through July 2026. 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 115 MERCER Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/115-mercer-street) ## About The Building ### 115 MERCER Street 115 MERCER Street, New York, NY 10012 A building in the neighborhood, currently featuring 2 active listings. - **Year Built**: 1900 - **Active Units**: 2 - **Floors**: 7 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/115-mercer-street) ### Available Residences — For Sale (2) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [5](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10012/115-mercer-street-5-ny-10012) | 3 | 5 | 4,764 sqft | $1,784 | $8,500,000 | Sothebys International Realty | Oct 20, 2026 | 1 days | | [3B](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10012/115-mercer-street-3b-ny-10012) | 2 | 2 | 2,000 sqft | $2,350 | $4,700,000 | Brown Harris Stevens Residential Sales LLC | Sep 14, 2026 | 37 days | ## 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) ## Related Links - [115 MERCER Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/115-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.