35 MERCER Street #3W, New York City, NY 10013
Listing Courtesy of Brown Harris Stevens Residential Sales LLC
$3,995,000
Potential Rebate: $59,925
Overview
<strong>35 Mercer Street - A Rare Soho Loft with Endless Potential</strong><br> <br> Discover an extraordinary opportunity to create your dream home in this expansive 1,850 square-foot loft, offering brilliant North East, South West light in two exposures through eight oversized windows. Located in the heart of historic Soho, this one-of-a-kind space boasts exceptional ceilings soaring 12 feet high, complemented by striking fluted cast iron columns, and captivating open views of the surrounding Cast-Iron District.<br> <br> Currently configured as a two-bedroom, one-bathroom loft with a private sauna, this space is ideal for renovation. With the vision of an architect, you can easily transform it into a spacious three-bedroom, two-bathroom masterpiece that fits your lifestyle. The double-glazed windows provide quiet, light-filled interiors, while the vast layout offers endless design possibilities.<br> <br> Key features include central air-conditioning, a vented washer-dryer in a separate laundry closet, and direct access to an amazing roof deck - the perfect place for relaxing or entertaining while enjoying sweeping views of downtown Manhattan.<br> <br> <strong>Historic Building with Modern Conveniences</strong><br> <br> Built in 1867 and occupying the coveted southwest corner of Grand and Mercer Streets, 35 Mercer Street is a financially stable cooperative with a range of modern amenities. The beautifully renovated lobby, upgraded video intercom security system, and private basement storage make daily living easy. The refurbished automatic elevator opens directly onto a sprawling common roof terrace with dramatic city views, offering an unparalleled space to enjoy the<br> vibrant Soho skyline.<br> <br> One of the most attractive features of this building is its income-generating commercial space, which helps offset maintenance costs and keeps monthly charges exceptionally low for residents.<br> <br> <strong>A Prime Soho Location</strong><br> <br> Step outside and you're in the heart of Soho - an iconic neighborhood known for its world-class dining, shopping, and art galleries. With all major subway lines at your doorstep, this location offers unparalleled convenience in one of Manhattan's most sought-after neighborhoods.<br> <br> <strong>Don't miss this rare opportunity to purchase this home. Call today to set up an appointment. </strong>
Home Features
- •In Unit
- •Washer Dryer Allowed
- •City
Estimated Monthly Payment
$20,491 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$59,925
Monthly savings impact
$166/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
Similar Homes
450 WASHINGTON Street #211, New York City, NY 10013
Listing Courtesy of Corcoran Sunshine Marketing Group
Why Buy With Us
Rebates Up To
2.5%
25+ Years
Experience
REBNY & NAR
Member
Verified
Listings
RLS IDX Data display by Real Estate Rebate Team. 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Brown Harris Stevens Residential Sales LLC
Data Source: TRESTLE #RLS20062611
Price Analysis
Compare average listing prices and value metrics for 35 MERCER Street against the surrounding SoHo market.
Average List Price
Price Per SqFt
Insufficient size data available to calculate Price Per SqFt comparisons for this specific selection.
42.13% Lower
than the SoHo price average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
SoHo
Overview of SoHo
SoHo (South of Houston) is the retail capital of New York City and a global icon of loft living. Famous for its cast-iron architecture and cobblestone streets, it is an open-air mall of high fashion and art. For buyers exploring SoHo Manhattan real estate, it offers the ultimate "downtown" lifestyle.
Living in SoHo, Manhattan is stylish and energetic. The streets are a runway, filled with models, tourists, and locals shopping at flagship stores. As a premier Manhattan NYC neighborhood, it combines historic industrial beauty with modern luxury.
Real Estate & Housing Market
The market for homes for sale in SoHo is legendary. It is defined by massive cast-iron lofts with soaring ceilings, Corinthian columns, and oversized windows. These spaces, once factories, are now some of the most expensive apartments in the world.
New construction is rare and often hidden behind historic facades. The area attracts a global elite—from tech entrepreneurs to Hollywood stars—who value the unique architectural character and central location.
Lifestyle & Community
The lifestyle in SoHo is cosmopolitan. Residents have the world's best shopping at their doorstep, from Chanel to Supreme. Dining is equally high-end, with power-lunch spots like Balthazar serving as neighborhood institutions.
The community is a mix of old-guard artists (who are protected by AIR - Artist in Residence zoning) and wealthy newcomers. It is busy by day but quiets down surprisingly well on the side streets at night.
Transportation & Accessibility
SoHo is incredibly well-connected. The R/W trains at Prince Street, the 6 at Spring Street, and the C/E at Spring Street provide comprehensive coverage. Canal Street to the south offers access to almost every line.
It is a walker's paradise. You can easily walk to Tribeca, the West Village, and Nolita, making it the perfect launchpad for downtown exploration.
Parks, Schools & Amenities
While SoHo itself is dense with buildings, it is close to Hudson River Park to the west. The Vesuvio Playground is a local favorite for families.
Amenities are focused on consumption: high-end gyms like Equinox, luxury spas, and gourmet markets like Dean & DeLuca (historically, though the retail landscape shifts). It is a neighborhood designed for those who enjoy the finer things.
Who This Neighborhood Is Best For
SoHo is best for fashion lovers, art collectors, and buyers who dream of authentic loft living in one of the world's most recognizable neighborhoods.
