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40 Mercer Street PH7New York, NY 10013

For Sale

$13,600,000

Smart Buyer Rebate $170,000

A private landscaped park with a pool right off your living room in the heart of Soho. Enjoy unrivaled indoor/outdoor living in Penthouse 7 at 40 Mercer. With almost 1,600 square feet of beautifully landscaped outdoor space wrapping around two sides of the apartment, Penthouse 7 reimagines downtown luxury living. With 11+” ceilings, and featuring four bedrooms and three and a half bathrooms across 3,000+ square feet, the home seamlessly integrates the indoor and outdoor lifestyle with floor-to-ceiling windows and terrace access from every room. Privacy plantings, and a secure elevator managed by the concierge, create a discreet oasis in the heart of SoHo.

Sunlit and dramatic, the 53.5’ great room transforms into an indoor and outdoor oasis through a one-of-a-kind sliding wall of windows to the wrap-around terrace. Truly a private park in the sky, the terrace is complete with a landscaped garden lined in mature Birch, Maple, and Royal Purple Smoke trees and a custom Endless Pool. Independent from the grand entertaining space, the custom Bulthaup kitchen features stainless steel cabinets, Thassos marble countertops and is outfitted with a suite of Miele and Gaggenau appliances.

The main bedroom wing occupies the entire southwest corner of the Penthouse. The 24’ x 16’ primary suite has private access to the terrace and an entire dressing room with 12 custom closets. Serene and luxurious, the primary bathroom features heated floors, soaking tub, separate stall shower and Toto washlet. The additional three bedrooms are all generously proportioned; one is positioned as a separate suite on the northeast corner, perfect for guests.

Additional highlights include custom walnut built-ins, handmade Belgium bronze hardware, private mud room and in-unit washer/dryer. A large storage unit transfers with the sale.

The result of a masterful partnership between Andre Balazs and Pritzker Prize-winning architect Jean Nouvel, 40 Mercer is a 14 story, ultra-luxury, white glove condominium in prime Soho. Amenities include a 24 hour doorman and concierge, private garage with valet parking (separate fee), health club with a Pilates center, and a 50’ lap pool.

Co-Exclusive with AA Management NYC.

Listed by Nicholas H Gavin

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License #40GA1149765

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Compass

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(646) 610-3055

Listed by Ugo Russino

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License #10401266425

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Compass

Last updated September 05, 2025

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Source: REBNY #RLS20046233

Listing Facts

  • TypeCondo
  • NeighborhoodSoHo
  • Bedrooms4
  • Bathrooms3.5
  • Days on Prevu4
  • HOA/Maint. Fees$7,819/month
  • Taxes$88,992/year
  • Size3,006 sqft
  • Price per sqft$4,524

Amenities

  • Private Outdoor Space
  • Pets Allowed
  • Concierge
  • Parking

Location

Mortgage Calculator

Listing History

09/04/2025
Listed by Compass
$13,600,000

Estimated Closing Costs

Total
$748,320
Attorney Fees
$4,000
NYC Mansion Tax
$442,000
Title Insurance
$61,200
Bank Attorney
$1,500
Mortgage Recording Tax
$235,620
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $13,600,000 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 40 Mercer Street PH7

Association

Amenities

  • Pets Allowed: Building Yes
  • Concierge: Doorman Full Time

Fees

  • Association Fee: $7,819.00 Monthly

Exterior

Construction

  • Number Of Units Total: 41
  • Property Condition: Excellent
  • Stories Total: 13
  • Structure Type: Mixed Use
  • Year Built: 2005
  • Entry Level: 1

Features

  • Building Features: Elevator(s)
  • Patio And Porch Features: Wrap Around

Measurements

  • Lot Size Dimensions: 106
  • Lot Size Units: SquareFeet

Financial

Taxes

  • Tax Annual Amount: $88,992.00

Interior

Features

  • Flooring: Hardwood
  • Interior Features: Sauna, Walk-In Closet(s)

Measurements

  • Living Area: 3,006
  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 3
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 4
  • Rooms Total: 8

Other

Location

  • City Region: Manhattan
  • Subdivision Name: So Ho
  • Tax Block: 00474
  • Tax Lot: 7506

Parking

Parking

  • Garage: Yes
  • Parking Features: Garage, Valet

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Laundry Features: In Unit

Based on information from 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 in the market. ©2025 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.