25 Mercer Street
Apartment #PH
$25,000,000 Price
4 Bedrooms   5.0 Baths
25 Mercer Street, Soho, NYC, $25,000,000, Web #: 20834333
25 Mercer Street, Soho, NYC, $25,000,000, Web #: 20834333
25 Mercer Street, Soho, NYC, $25,000,000, Web #: 20834333
25 Mercer Street, Soho, NYC, $25,000,000, Web #: 20834333
25 Mercer Street, Soho, NYC, $25,000,000, Web #: 20834333
25 Mercer Street, Soho, NYC, $25,000,000, Web #: 20834333
25 Mercer Street, Soho, NYC, $25,000,000, Web #: 20834333
25 Mercer Street, Soho, NYC, $25,000,000, Web #: 20834333
25 Mercer Street, Soho, NYC, $25,000,000, Web #: 20834333
25 Mercer Street, Soho, NYC, $25,000,000, Web #: 20834333
25 Mercer Street, Soho, NYC, $25,000,000, Web #: 20834333
25 Mercer Street, Soho, NYC, $25,000,000, Web #: 20834333
25 Mercer Street, Soho, NYC, $25,000,000, Web #: 20834333
25 Mercer Street, Soho, NYC, $25,000,000, Web #: 20834333
25 Mercer Street, Soho, NYC, $25,000,000, Web #: 20834333
25 Mercer Street, Soho, NYC, $25,000,000, Web #: 20834333
25 Mercer Street, Soho, NYC, $25,000,000, Web #: 20834333
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25 Mercer Street, Soho, NYC

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....

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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.

Courtesy of Elliman

Nearby Transit

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Canal St, 0.06 mi.

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Canal St, 0.09 mi.

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Canal St, 0.10 mi.

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Canal St, Holland Tunnel, 0.11 mi.

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Canal St, 0.13 mi.

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Spring St, 0.17 mi.

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Canal St, 0.17 mi.

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

Soho, NYC
Condominium
Maintenance/CC: $2,949
Monthly real estate tax: $8,742
Approx. square footage: 4,350 sf
Web ID: 20834333

Info & Amenities

Type: Condominium
Penthouse: Yes
Rooms: 9.0
Bedrooms: 4
Bathrooms: 5.0
Outdoor space: Yes
City views: Yes
Washer and dryer: Yes
Period: Pre-War
Built: 1867
Pets allowed: Yes