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109 Mercer Street 5MNew York, NY 10012

For Sale

$4,795,000

Smart Buyer Rebate $59,938

A rare full-floor SoHo recent condominium offering scale, privacy, immediate income and long-term potential. Currently leased through December 2027, the residence offers a compelling opportunity for an investor seeking income today or a future end user looking to secure a substantial SoHo home now and plan ahead. Arrive directly by private keyed elevator into this impressive 2,177-square-foot, 3-bedroom, 3-bath residence, defined by approximately 14-foot ceilings and a dramatic wall of oversized east-facing windows. The expansive living and dining space features custom wood paneling with concealed storage and television, while the open chef's kitchen is equipped with custom cabinetry, Sub-Zero refrigeration, Gaggenau cooking appliances, Bosch double ovens and a built-in Miele coffee system. The distinctive multi-level layout provides exceptional separation between entertaining and private spaces. Upstairs, the primary suite enjoys south and west exposures, generous closets and a marble bath with soaking tub, separate rain shower and double vanity. An adjacent mezzanine overlooking the living room is ideal for a home office. Two additional bedrooms and a full bath occupy the lower level. For an investor, the existing lease provides immediate income from day one and makes the property particularly attractive for buyers considering a 1031 exchange. For a future end user, it offers the opportunity to secure a prime SoHo residence today while using the lease period to plan and prepare a future renovation, if desired. Additional features include central air conditioning, electric shades, an in-unit washer/dryer and private elevator access. No A.I.R. restrictions. Located on Mercer Street in the heart of SoHo, this is a distinctive opportunity to acquire a true residential condominium combining loft-like scale and character with the flexibility of modern condo ownership.

Listed by Christophe Bourreau

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PROMEST

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(305) 613-8570

Last updated September 15, 2026

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Source: REBNY #RLS20113218

RLS Data display by Prevu Real Estate LLC

Listing Facts

  • TypeCondo
  • NeighborhoodSoHo
  • Bedrooms3
  • Bathrooms3
  • Days on Prevu7
  • HOA/Maint. Fees$3,887/month
  • Size2,177 sqft
  • Price per sqft$2,203

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Pets Allowed

Location

Mortgage Calculator

Listing History

09/08/2026
Listed by PROMEST
$4,795,000
  1. 09/08/2026$4,795,000
    Listed by PROMEST

Estimated Closing Costs

Attorney Fees
$4,000
NYC Mansion Tax
$71,925
Title Insurance
$21,578
Bank Attorney
$1,500
Mortgage Recording Tax
$83,073
Other Closing Costs
$4,000
Total
$186,076

Estimated closing costs are based on the list price of $4,795,000 and a 10% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 109 Mercer Street 5M

Association

Amenities

  • Pets Allowed: Building Yes, Yes
  • Concierge: Video Doorman Part Time

Fees

  • Association Fee: $3,887.00 Monthly

Exterior

Construction

  • Number Of Units Total: 15
  • Stories Total: 7
  • Structure Type: High Rise
  • Year Built: 2006
  • Architectural Style: Loft
  • Building Name: Mercer Greene
  • Entry Level: 5

Features

  • Building Features: Elevator(s)

Interior

Features

  • Appliances: Dishwasher
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Interior Features: High Ceilings, Walk-In Closet(s)

Measurements

  • Living Area: 2,177
  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 3
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 3
  • Rooms Total: 5

Other

Location

  • City Region: Manhattan
  • Subdivision Name: So Ho
  • Tax Block: 00499
  • Tax Lot: 7505

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Laundry Features: Washer Hookup, In Unit

Frequently Asked Questions

How many bedrooms and bathrooms does this condo have?

There are 3 bedrooms and 3 bathrooms in this condo at 109 Mercer Street 5M.

Are pets allowed at 109 Mercer Street?

Yes, 109 Mercer Street allows pets.

How does 109 Mercer Street 5M compare to other condos in SoHo?

This condo is listed 33% below the average price for condos in SoHo and has been on the market for 120 less days than the typical home in this area.

What building or home owners association is the condo part of?

This condo is in the Mercer Greene building.

What is the square footage on this condo?

According to the MLS, this listing is 2,177 sqft.

109 Mercer Street 5M is a 3-bedroom, 3-bath condo for sale in New York NY 10012. Listed on Prevu for 7 days at $4,795,000. This residence features 2,177 square feet of living space, located in SoHo. The median listing price for condos in this area is $4,000,000. Additional amenities include private outdoor space, dishwasher, and pets allowed. View other condo listings in Manhattan.

RLS Data display by Prevu Real Estate LLC The Registrant acknowledges each other RLS Broker's ownership of, and the validity of their respective copyright in, the Exclusive Listings that are transmitted over the RLS. The information is being provided by RLS at REBNY Listing Service, Inc. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. 2026 RLS at REBNY Listing Service, Inc. All rights reserved. Based on information from the Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity. 2026 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.