Description

Tenants in place offering 3.6% CAP. The penthouse remains available for purchase (with or without the tenants). The terms of the lease are favorable to the buyer.

Introducing a one-of-a-kind duplex penthouse with two private outdoor rooftop terraces in a boutique condo within the fabled SoHo Cast-Iron Historic District. The penthouse in 25 Mercer offers a modern interpretation of the classic SoHo loft, balancing perfectly restored cast iron detailing with sophisticated modern design. It is a magnificent, light-filled duplex penthouse crowned with a spectacular private rooftop. The interior (4,350 square feet) provides north, east, and west exposures coupled with a skylight that floods the palatial living space with brilliant natural light. The private and exclusive rooftop (2,618 square feet) is an oasis in the sky, offering panoramic 360-degree views of downtown Manhattan.

Built in 1867, the building represents the architectural beauty of New York's elegant Gilded Age, updated with a refined contemporary sensibility. Prior to the condo conversion in 2016, some of the residents were actress Mary-Kate Olsen, Swedish designer Johan Lindeberg, architect Annabelle Selldorf, and French photographer Simon Chaput.

Mercer Street is one of the most desirable cobblestone streets in SoHo, which represents the sophisticated intersection of fashion, art, dining, and business.
View More

Building Features 5 Floors5 Units

elevator
full time doorman
pet friendly

Unit Features

balcony
washerdryer
Exposures: North,South,East,West
Pet Policy: BuildingYes,Yes

$23,000,000 / $5,287 per ft²

$2,000,000  -  63 days ago

Listed on Apr 21, 2021

481 Days on Market

Not updated in 32 days

4 Beds / 4.5 Baths / 4,350 ft²

Total Monthly expenses: $12,361

Maintenance: $2,949 / R.E. Taxes $9,412

Exclusively listed with: Douglas Elliman Real Estate Source: RLS

Karan Chopra

karan.chopra@elliman.com

(212) 303-5218

Listing Courtesy of Douglas Elliman Real Estate View Listing

Unit listing history

Date Status Amount Listed by Owner Name
Loading History...

What is this
property worth?

Work with an Urbandigs Professional
to help you price this property

Free Professional
pricing report for unit PH

Request Report Now