Manhattan / SoHo-Little Italy-Hudson Square / 10013

40 MERCER STREET

Boro1

Block474

Lot7506

BBL1004747506

Class RMSoHo-Cast Iron Historic District

Residential units

Units in total

Storeys

Year built

2005

Last alteration on file

Recorded transfers

89 since 2003

What has sold here

Every transfer the City has recorded against this lot since 2003 with a consideration above zero. A co-op apartment has no deed, so its sale is recorded as a Real Property Transfer Tax return instead; both are printed here and the instrument is named in the last column. The figure is the consideration as filed, which is not always the price a buyer would recognise.

Recorded	Consideration	Unit	What transferred	Instrument
1 Jul 2026	$13,250,000	30	SINGLE RESIDENTIAL CONDO UNIT	DEED
29 May 2026	$4,500,000	5	SINGLE RESIDENTIAL CONDO UNIT	DEED
29 Aug 2024	$7,350,000	33	SINGLE RESIDENTIAL CONDO UNIT	DEED
28 Mar 2024	$9,000,000	32	SINGLE RESIDENTIAL CONDO UNIT	DEED
18 Jul 2023	$3,815,000	22	SINGLE RESIDENTIAL CONDO UNIT	DEED
9 May 2023	$7,900,000	39	SINGLE RESIDENTIAL CONDO UNIT	DEED
16 Aug 2022	$3,800,000	20	SINGLE RESIDENTIAL CONDO UNIT	DEED
17 Feb 2022	$3,935,000	21	SINGLE RESIDENTIAL CONDO UNIT	DEED
17 Feb 2022	$7,800,000	39	SINGLE RESIDENTIAL CONDO UNIT	DEED
19 Oct 2021	$6,350,000	23	SINGLE RESIDENTIAL CONDO UNIT	DEED
23 Apr 2021	$3,200,000	3	SINGLE RESIDENTIAL CONDO UNIT	DEED
25 Sep 2018	$8,350,000	37	SINGLE RESIDENTIAL CONDO UNIT	DEED
10 Jul 2018	$7,350,000	23	SINGLE RESIDENTIAL CONDO UNIT	DEED
7 Mar 2016	$7,050,000	26	SINGLE RESIDENTIAL CONDO UNIT	DEED
16 Oct 2015	$3,200,000	17	SINGLE RESIDENTIAL CONDO UNIT	DEED
15 Jun 2015	$9,000,000	37	SINGLE RESIDENTIAL CONDO UNIT	DEED
28 Jan 2015	$7,500,000	35	SINGLE RESIDENTIAL CONDO UNIT	DEED
19 Sep 2014	$12,390,000	30	SINGLE RESIDENTIAL CONDO UNIT	DEED
29 Jul 2014	$4,700,000	15	SINGLE RESIDENTIAL CONDO UNIT	DEED
20 Jun 2014	$4,700,000	1	SINGLE RESIDENTIAL CONDO UNIT	DEED
11 Jun 2014	$11,250,000	40	SINGLE RESIDENTIAL CONDO UNIT	DEED
1 May 2014	$4,925,000	4	SINGLE RESIDENTIAL CONDO UNIT	DEED
10 Jan 2014	$6,174,000	11	SINGLE RESIDENTIAL CONDO UNIT	DEED
25 Oct 2013	$9,450,000	32	SINGLE RESIDENTIAL CONDO UNIT	DEED
23 Aug 2013	$7,475,000	8	SINGLE RESIDENTIAL CONDO UNIT	DEED
1 Apr 2013	$3,020,000	24	SINGLE RESIDENTIAL CONDO UNIT	DEED
22 Jan 2013	$4,150,000	27	SINGLE RESIDENTIAL CONDO UNIT	DEED
5 Dec 2012	$2,900,000	9	SINGLE RESIDENTIAL CONDO UNIT	DEED
13 Aug 2012	$2,800,000	3	SINGLE RESIDENTIAL CONDO UNIT	DEED
24 Apr 2012	$4,050,000	1	SINGLE RESIDENTIAL CONDO UNIT	DEED
18 Apr 2012	$3,500,000	21	SINGLE RESIDENTIAL CONDO UNIT	DEED
5 Jan 2012	$6,625,000	16	SINGLE RESIDENTIAL CONDO UNIT	DEED
6 Apr 2011	$4,300,000	4	SINGLE RESIDENTIAL CONDO UNIT	DEED
9 Dec 2010	$5,100,000	19	SINGLE RESIDENTIAL CONDO UNIT	DEED
30 Nov 2010	$7,150,000	39	SINGLE RESIDENTIAL CONDO UNIT	DEED
28 Sep 2010	$7,565,000	36	SINGLE RESIDENTIAL CONDO UNIT	DEED
3 Mar 2010	$1,750,000	9	SINGLE RESIDENTIAL CONDO UNIT	DEED
3 Mar 2010	$2,243,000	17	SINGLE RESIDENTIAL CONDO UNIT	DEED
3 Mar 2010	$2,243,000	17	SINGLE RESIDENTIAL CONDO UNIT	DEED
14 Sep 2009	$4,258,508	2	SINGLE RESIDENTIAL CONDO UNIT	DEED
89 transfers are recorded against this building since 2003. The 40 most recent are printed here; the yearly summary above counts all of them.

DEED: DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.

By year

Year	Transfers	Median recorded	Lowest	Highest
2026	2	$8,875,000	$4,500,000	$13,250,000
2024	2	$8,175,000	$7,350,000	$9,000,000
2023	2	$5,857,500	$3,815,000	$7,900,000
2022	3	$3,935,000	$3,800,000	$7,800,000
2021	2	$4,775,000	$3,200,000	$6,350,000
2018	2	$7,850,000	$7,350,000	$8,350,000
2016	1	$7,050,000	-	-
2015	3	$7,500,000	$3,200,000	$9,000,000
2014	6	$5,549,500	$4,700,000	$12,390,000
2013	4	$5,812,500	$3,020,000	$9,450,000
2012	5	$3,500,000	$2,800,000	$6,625,000
2011	1	$4,300,000	-	-
2010	6	$3,671,500	$1,750,000	$7,565,000
2009	4	$4,254,254	$3,812,500	$12,000,000
2008	4	$7,137,500	$4,325,000	$8,300,000
2007	42	$4,410,457	$865,513	$13,135,425

The building on the lot

Section through the lot

Drawn from PLUTO: 13 storeys, 117,024 sq ft of building on 21,370 sq ft of lot, an average floor plate covering 42% of it. The dashed outline is the difference between the floor area ratio already built (5.48) and the residential floor area ratio of the zoning district (9). It is a diagram of recorded figures, not a picture of the building.

Lot area

21,370 sq ft

Building area

117,024 sq ft

Residential area

85,498 sq ft

Commercial area

31,526 sq ft

Office area

Retail area

9,339 sq ft

Buildings on the lot

Built floor area ratio

5.48

Residential FAR permitted

Zoning district

M1-5/R9X

Assessment

Assessed land value

$1,800,014

Assessed total value

$33,183,686

Exempt value

Assessed per residential unit

$809,358

Assessed value is the figure the Department of Finance uses to levy property tax. For a class two building it is derived from an income approach and it is capped in how fast it can rise. It is not a market valuation and the two figures routinely differ by a wide margin. What the assessment does and does not tell you.

Classification and location

Building class

Neighbourhood

SoHo-Little Italy-Hudson Square

ZIP code

10013

Community district

Manhattan 2

Council district

Coordinates

40.721244, -74.000923

The Department of Finance building classification list does not publish a description for code RM. On this site that code appears almost only on condominium billing lots.

Other buildings in SoHo-Little Italy-Hudson Square

Address	Class	Res. units	Built	Transfers	Median apartment, 5 yr
261 HUDSON STREET	RM	201	2017	1	-
570 WASHINGTON STREET	D6	176	2024	0	-
2 CHARLTON STREET	D4	175	1966	161	$1.22m
110 CHARLTON STREET	RM	170	2018	183	$2.64m
65 EAST HOUSTON STREET	D7	162	1991	0	-
77 CHARLTON STREET	RM	162	2020	176	$2.00m
21 SPRING STREET	D7	152	1982	4	-
80 CLARKSON STREET	D7	131	2024	0	-
70 CHARLTON STREET	D9	122	2014	114	$2.46m
565 BROOME STREET	RM	111	2016	130	$5.00m
505 GREENWICH STREET	RM	102	2003	262	$2.36m
111 VARICK STREET	D8	101	2018	0	-

Every building on file in SoHo-Little Italy-Hudson Square

Publisher, not broker

This page is a compilation of public records. It is not a listing, no unit here is offered for sale by this site, and nothing on it is advice about value. If a brokerage or lender appears anywhere on this site it has paid a flat fee and is labelled as advertising.

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Summary and cross-check

Median of the 11 apartment transfers recorded in the last five years: $6.35m
First recorded transfer on file: 14 Mar 2007
Most recent: 1 Jul 2026
The Department of Finance annualized sales file, an independent publication, lists 17 priced sales on this lot for 2016 to 2025.

Sources on this page

PLUTO (City Planning), lot record
ACRIS Real Property Master and Legals (Finance), transfers
Digital Tax Map (Finance), condominium lots
Annualized Calendar Sales (Finance), cross-check
Retrieved 2026-09-04

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