RealtyLens
for saleRealtyLens property overview
$3,400,000

114 Mercer St Fl 3

Manhattan, NY, 10012
View more Manhattan, NY property pages
3Beds
2Baths
2,278Sqft
$1493$/sqft

Market Insights

Below nearby median-20%

$1493/sqft vs a nearby median of $1868/sqft.

Nearby median$1868/sqft
Nearby properties8
Property size2,278 sqft
  • -20% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 2,278 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$4.53M$4.01M$5.05M · 25% confidence
vs ask $3.40M−$1.13M (−33.3%)

Asking price is about 33.3% below the fair value — likely to draw competing offers if it's still on market.

$1,868/sqft median across 3 tight comps × 2,278 sqft= $4.25M
  • Transit access+$170k +4.0%
  • Pre-war character+$106k +2.5%
Cumulative NYC adjustments+$277k+6.5%

Property Read

FreshnessCurrent market data

The listing facts are current enough for an initial property review.

Market Position-20% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read2 items to check
AI ReadinessReady to analyze
Assistant read

Generate a buyer-agent read of this listing — pricing, risks, comp check, and negotiation leverage. Takes a few seconds.

Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
25 days
Last price change
No change recorded
Listed
Apr 17, 2026
Photos
12 photos
Property type
coop
Status
for sale

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

May 4, 2026Initial record
$3,400,000for sale

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.