--- title: "40 MERCER Street #1, New York City, NY 10013" description: "40 MERCER Street #1, New York City, NY 10013 — SoHo, New York City, NY. Listing Price $3,995,000. 2 bed, 2 bath, 1,649 sqft Illustrative Buyer Commission Share of $59,925 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10013/40-mercer-street-1-ny-10013" source: "Real Estate Rebate Team" dateModified: "2026-11-12T15:30:42.758Z" status: "Active" --- # 40 MERCER Street #1, New York City, NY 10013 SoHo, New York City, NY Listing Courtesy of Brown Harris Stevens Residential Sales LLC Listing updated: Nov 12, 2026, 10:16 AM ET Page updated: November 12, 2026, 10:30 AM ET ## At a Glance - **Listing Price**: $3,995,000 - **Beds**: 2 - **Baths**: 2 - **Sqft**: 1,649 - **Common Charges**: $4,457 / mo - **Price per Sqft**: $2,423 - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares up to 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**: $3,995,000 - **Illustrative Buyer Commission Share**: -$59,925* - **Illustrative Net Cost**: $3,935,075 *Illustrative Buyer Savings of $59,925 — 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) ![40 MERCER Street #1, New York City, NY 10013 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d762dd22-db85-4c07-af30-79cce57e3a2f.jpg) ![40 MERCER Street #1, New York City, NY 10013 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b9cd5ff2-f3c7-4312-afd6-eeace4e92380.jpg) ![40 MERCER Street #1, New York City, NY 10013 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c8ac21d9-93cc-4f8d-8fd9-74cf9b1b0a2d.jpg) ![40 MERCER Street #1, New York City, NY 10013 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b9d5b433-f94e-4012-a17b-d26961a4f1ed.jpg) ![40 MERCER Street #1, New York City, NY 10013 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/15ee6214-06d3-4923-9ab4-846f15d4b834.jpg) ![40 MERCER Street #1, New York City, NY 10013 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/745843a0-f204-479d-adc5-a17e23bb0f2c.jpg) ![40 MERCER Street #1, New York City, NY 10013 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/12350ec8-ef5e-4549-8552-86277c2a54d6.jpg) ![40 MERCER Street #1, New York City, NY 10013 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2c12539f-6fac-4191-abc5-b568e50474c2.jpg) ![40 MERCER Street #1, New York City, NY 10013 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d1819675-d6b5-4dca-a85c-b2937358517b.jpg) ![40 MERCER Street #1, New York City, NY 10013 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9acdca6a-1025-497c-bea5-564e2c14d30f.jpg) ## Property Description Welcome to Residence 1 at 40 Mercer, an architecturally striking condominium designed by internationally acclaimed architect Jean Nouvel. Occupying the coveted northwest corner of the building, this exceptional 2 bedroom, 2 bathroom residence offers iconic SoHo views and 1,649 sq ft of beautifully conceived living space. Oversized, floor-to-ceiling triple-pane windows, dramatic approx. 12-ft ceilings, and Jean Nouvel's signature designer finishes create a striking interplay of light, volume, and contemporary design. An ideal primary residence or sophisticated pied-à-terre. The expansive corner great room features an open kitchen and faces west onto Mercer Street, capturing the neighborhood's distinctive architectural character. The kitchen is seamlessly integrated into the living space and features generous cabinetry and counter space, complemented by appliances from Gaggenau, Miele, and Sub-Zero. Both bedrooms are privately positioned off an impressive nearly 40-foot gallery. The generously proportioned primary suite offers ample space for a separate sitting area and features a luxurious five-fixture bathroom with a soaking tub, separate shower, and double vanity. Both bathrooms are finished in elegant Thassos marble and appointed with exceptional fixtures and fittings throughout. There is also an in-unit washer & dryer. 40 Mercer is a distinctive 14-story cast-iron and glass condominium completed in 2007, with just 40 residences. Ideally situated on one of downtown Manhattan's most desirable blocks, the building offers an exceptional level of service and amenities, including a 24-hour doorman, concierge, on-site superintendent, and an underground parking garage with direct building access-a rare convenience in SoHo. Residents enjoy an extraordinary 50-foot Carrera marble lap pool with Jacuzzi, sauna, and steam room, as well as a world-class fitness center, landscaped courtyard, and seventh-floor south-facing terrace. Set along one of SoHo's most coveted cobblestone streets, 40 Mercer places you at the center of downtown Manhattan's celebrated shopping, galleries, and world-class dining, while offering a sense of privacy, tranquility, and residential intimacy. Showings by appointment. ## Property Details - **Property Type**: Condominium - **Beds**: 2 - **Baths**: 2 - **Rooms**: 4 - **Sqft**: 1,649 sqft - **Stories**: 14 - **Year Built**: 2007 - **Price per Sqft**: $2,423 - **Common Charges**: $4,457 / Monthly - **Listed On**: Nov 12, 2026 - **Days on Market**: 0 Days ### Residence Features - Central Air - Building Other - In Unit - Separate/Formal Dining Room - City ## Estimated Monthly Payment **$24,658 / month**, assuming a 20% down payment ($799,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $20,201 - **Common Charges**: $4,457 No property tax figure is available for this home, so property taxes are not included. Estimates only. Actual payments may vary. Confirm terms with your lender. ## Sales and market data ### Recent sales 9 apartments at 40 Mercer Street have recorded sales since November 2021, the most recent for $13,250,000 in July 2026. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | 30 (Apartment) | 4 | 3,006 | $13,250,000 | $4,408/ft² | July 1, 2026 | City record | | 5 (Apartment) | 3 | 2,370 | $4,500,000 | $1,899/ft² | May 29, 2026 | City record · MLS | | 33 (Apartment) | 2 | 2,206 | $7,350,000 | $3,332/ft² | August 29, 2024 | City record · MLS | | 32 (Apartment) | 3 | 2,706 | $9,000,000 | $3,326/ft² | March 28, 2024 | City record · MLS | | 22 (Apartment) | 2 | 1,649 | $3,815,000 | $2,314/ft² | July 18, 2023 | City record · MLS | | 39 (Apartment) | 2 | 2,206 | $7,900,000 | $3,581/ft² | May 9, 2023 | City record · MLS | | 20 (Apartment) | — | 1,415 | $3,800,000 | $2,686/ft² | August 16, 2022 | City record | | 39 (Apartment) | 2 | 2,206 | $7,800,000 | $3,536/ft² | February 17, 2022 | City record | | 21 (Apartment) | 2 | 1,745 | $3,935,000 | $2,255/ft² | February 17, 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 - **This home**: $3,995,000 - **Median sold price**: $7,350,000 - **Difference**: -$3,355,000 (-45.6%) - **This home, $/ft²**: $2,423 - **Median $/ft²**: $3,332 - **Comparable sales**: 5 - **Sales from**: February 2022 – August 2024 - **Middle half of those sales**: $3,935,000 – $7,800,000 Based on two-bedroom sales at 40 Mercer Street. ### How these sales were negotiated - **Sale-to-list price**: 98.1% (3 sales) - **Sold below asking**: 100% (3 sales) - **Typical time to find a buyer**: 107 days (3 sales) - **Typical time to close**: 50 days (3 sales) Based on two-bedroom sales at 40 Mercer Street 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 two-bedroom sales in SoHo | 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 | | 2026 YTD | $3,040,500 | 12 | Based on recorded condo and house two-bedroom sales in SoHo. 2026 is year-to-date. The annual median is shown only for years with at least ten qualifying recorded sales. Years with insufficient data are omitted. 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 40 Mercer Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/40-mercer-street) ## About The Building ### 40 Mercer Street SoHo · Condominium 40 Mercer Street, New York, NY 10013 A building in SoHo, currently featuring 1 active listing. - **Year Built**: 2007 - **Active Units**: 1 - **Floors**: 14 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/40-mercer-street) ### Available Residences — For Sale (1) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [1](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10013/40-mercer-street-1-ny-10013) | 2 | 2 | 1,649 sqft | $2,423 | $3,995,000 | Brown Harris Stevens Residential Sales LLC | Nov 12, 2026 | 0 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 - [40 Mercer Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/40-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 LLC. 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.