The listing facts are current enough for an initial property review.
for saleRealtyLens property overview
$4,300,000
40 Mercer St Apt 5
New York, NY, 10013
View more New York, NY property pages3Beds
3.5Baths
2,370Sqft
$1814$/sqft
Market Insights
Below nearby median-9.3%
$1814/sqft vs a nearby median of $2001/sqft.
Nearby median$2001/sqft
Nearby properties12
Property size2,370 sqft
- -9.3% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 2,370 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$5.21M$4.73M – $5.68M · 49% confidence
vs ask $4.30M−$907k (−21.1%)
Asking price is about 21.1% below the fair value — likely to draw competing offers if it's still on market.
$2,113/sqft median across 4 tight comps × 2,370 sqft= $5.01M
- Transit access+$125k +2.5%
- Modern construction+$75k +1.5%
Cumulative NYC adjustments+$200k+4.0%
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Price history is still limited; review again as more market activity becomes available.
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Listing Details
- Days on market
- 40 days
- Last price change
- No change recorded
- Listed
- Apr 2, 2026
- Photos
- 15 photos
- Property type
- condos
- Status
- for sale
Photos
Building Facts
- Year built
- 2005
- Stories
- 13
- Total units
- 47
- Residential units
- 41
- Building area
- 2.69 ac
- Lot size
- 21,370 sqft
- Land use
- Mixed residential and commercial buildings
- Building class
- RM
From NYC public records where available.
Price History
May 4, 2026Initial record
$4,300,000for sale
Public Records
DOB violations2 open
35 total recorded against the building
HPD violations0 open
1 total recorded
ACRIS documents1
Tax-lot deed, mortgage, and transfer records on file
311 calls (12 mo)17,082
Top: illegal parking
Top complaint types in ZIP 10013
- Illegal Parking2,302
- Noise - Residential1,804
- Noise - Street/Sidewalk1,078
- Homeless Person Assistance890
- Noise - Commercial836
Recent DOB
- Apr 29, 2021V*-DOB VIOLATION - DISMISSED · EGRADE-FAILURE TO POST ENERGY GRADE/SCORE NONE
- Sep 6, 2019V*-DOB VIOLATION - DISMISSED · ACC1-(OTHER BLDGS TYPES) - ELEVATOR AFFIRMATION OF CORRECTION ELEVATORREQUIRED
- Jan 26, 2018V*-DOB VIOLATION - DISMISSED · ACJ1-(PRIVATE RESIDENCE) - ELEVATOR AFFIRMATION OF CORRECTION ELEVATORREQUIRED
- Jan 26, 2018V*-DOB VIOLATION - DISMISSED · ACC1-(OTHER BLDGS TYPES) - ELEVATOR AFFIRMATION OF CORRECTION ELEVATORREQUIRED
Recent HPD
- Nov 28, 2016Class I · §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITE...
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.