The listing facts are current enough for an initial property review.
for saleRealtyLens property overview
$1,595,000
250 Mercer St Apt B1502
Manhattan, NY, 10012
View more Manhattan, NY property pages1Beds
1Baths
1,100Sqft
$1450$/sqft
Market Insights
Below nearby median-13%
$1450/sqft vs a nearby median of $1667/sqft.
Nearby median$1667/sqft
Nearby properties12
Property size1,100 sqft
- -13% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 1,100 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$1.94M$1.75M – $2.13M · 42% confidence
vs ask $1.59M−$349k (−21.9%)
Asking price is about 21.9% below the fair value — likely to draw competing offers if it's still on market.
$1,667/sqft median across 5 tight comps × 1,100 sqft= $1.83M
- Transit access+$46k +2.5%
- Pre-war character+$46k +2.5%
- High-density walkability+$37k +2.0%
- Virtually staged−$18k −1.0%
Cumulative NYC adjustments+$110k+6.0%
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.
Diligence Read2 items to check
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Listing Details
- Days on market
- 14 days
- Last price change
- No change recorded
- Listed
- Apr 28, 2026
- Photos
- 11 photos
- Property type
- coop
- Status
- for sale
Photos
Building Facts
- Year built
- 1908
- Stories
- 12
- Total units
- 275
- Residential units
- 274
- Building area
- 7.42 ac
- Lot size
- 41,800 sqft
- Land use
- Mixed residential and commercial buildings
- Building class
- RM
From NYC public records where available.
Price History
May 4, 2026Initial record
$1,595,000for sale