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114 Mercer St Fl 5
Listing Notes
Impeccably Renovated Soho Loft with Timeless Character and Modern Luxury. This exceptional full-floor Soho loft masterfully blends authentic prewar character with sophisticated contemporary design. Rarely does a residence offer such a perfect balance of scale, style, and substance. A private keyed elevator opens directly into the expansive home, revealing soaring 11-foot barrel-vaulted ceilings and dramatic, oversized west-facing windows that flood the space with natural light. Whitewashed brick walls, wide-plank white oak floors, smart home window treatments and custom lighting throughout enhance the lofts warmth. The open-concept layout includes a custom-designed primary bedroom with an en-suite bath and offers flexibility for a second bedroom or home office. The craftsmanship and attention to detail are truly exceptional. The chefs kitchen is a standout, featuring custom millwork by renowned Italian design house Molteni&C | Dada, a full suite of Miele appliances, including a professional-grade Miele five-burner electric cooktop. A striking 10-foot stone countertop anchors the space, complemented by a Blanco Precision sink, InSinkErator, filtered hot/cold water system, tall pantry, and wine reserve. The serene primary suite features a custom walk-in closet by TransForm and a spa-inspired bathroom with a large walk-in shower, Duravit double vanity, radiant NuHeat floors, and Hansgrohe fixtures. The secondary bathroom offers an oversized Duravit soaking tub and matching high-end finishes. Additional features include multi-zone central air conditioning and an in-unit Miele washer and dryer for ultimate convenience. Built in 1903 by architect John W. Stevens, 114 Mercer Street is a 10-story, 18-unit AIR cooperative (AIR waiver permitted), showcasing a striking marble faade in the heart of the landmarked SoHo Cast Iron District. The building permits subletting, guarantors, co-purchasing, foreign purchasers, pied--terre use, live/work flexibility, parents purchasing for childrenall with board approval. Pets are welcome. A truly rare offering where classic loft living meets impeccable modern design in one of Manhattans most desirable neighborhoods. Represents current apartment configuration, which may not conform to official legal documentation. Purchasers should consult with their legal or architectural professionals to determine legal use parameters.
Market Insights
$1389/sqft vs a nearby median of $2143/sqft.
- -35% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 2,300 sqft creates a usable price-per-square-foot read.
Pricing Read
Asking price is about 62.8% below the fair value — likely to draw competing offers if it's still on market.
- Transit access+$197k +4.0%
- Days-on-market gravity−$148k −3.0%
- Pre-war character+$123k +2.5%
- High-density walkability+$99k +2.0%
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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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.
Listing Details
- Days on market
- 357 days
- Last price change
- No change recorded
- Listed
- May 20, 2025
- Photos
- 19 photos
- Property type
- coop
- Status
- for sale
- Last sold
- Jan 12, 2017 · $3,275,000
Features & Amenities
Photos
Building Facts
- Year built
- 1903
- Stories
- 10
- Total units
- 19
- Residential units
- 18
- Building area
- 1.06 ac
- Lot size
- 5,000 sqft
- Land use
- Mixed residential and commercial buildings
- Building class
- RM
From NYC public records where available.
Price History
Public Records
43 total recorded against the building
1 total recorded
Tax-lot deed, mortgage, and transfer records on file
Top: illegal parking
Top complaint types in ZIP 10012
- Illegal Parking1,598
- Noise - Street/Sidewalk1,175
- Noise - Commercial886
- HEAT/HOT WATER730
- Encampment708
Recent DOB
- May 3, 2024V*-DOB VIOLATION - DISMISSED · BENCH-FAILURE TO BENCHMARK NONE
- Aug 29, 2019V*-DOB VIOLATION - DISMISSED · C-CONSTRUCTION OTHER OPTIONAL
- Apr 26, 2019V*-DOB VIOLATION - Resolved · E-ELEVATOR ELEVATORREQUIRED
- Apr 26, 2019V*-DOB VIOLATION - Resolved · E-ELEVATOR ELEVATORREQUIRED
Recent HPD
- Nov 17, 2025Class 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.