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Property Description
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.
Full Property Details
Full Property Details for 109 Mercer St #5M
General
- Price: $4,795,000
- HOA FEE: $3,887/month
- Status: Active
- Type: Single Family
- Source: REBNY
- MLS ID: RLS20113218
- Updated: 9/8/2026
- Added to Site: 4 day(s) ago
Interior
- Number of Rooms: 5
- Interior Features: High Ceilings, Walk-In Closet(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Other
- Appliances: Dishwasher
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Building Other, Washer Hookup, In Unit
Additional Information
- Pool: Yes
- Pool Description: Building None
Location
- County: New York
- Subdivision: SoHo
- Building Name: Mercer Greene
Community
- Pets Allowed: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
Structural Information
- Architectural Style: Loft
- Structure Type: High Rise
- Basement Desc.: Other
- Stories/Levels: 7
- Square Feet: 2,177
- Living Area: 2,177 Sq. Ft.
- Year Built: 2006
- Other Struct. Feat.: Elevator(s)
Lot Features
- Property View: Other
- Zoning: M1-5A
Financial Considerations
- Association Fee: $3,887
- Assoc Fee Freq.: Monthly
Disclosures and Reports
- Special Conditions: Standard
- Block: 499
- Lot Number: 1516
Listing Courtesy of Promest
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Schools
Schools serving 109 Mercer St #5M
School District:New York City Geographic School District 02
| Name | Grades | Distance |
|---|---|---|
Ps 3 Charrette School 490 Hudson Street, New York, NY 10014 | PK-3 | 0.7 mi |
Middle 297 75 Morton St, New York, NY 10038 | 6- | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 109 Mercer St #5M
Date
Details
Price
Change
Source
9/08/2026
Listed
$4,795,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 109 Mercer St #5M
109 Mercer Street #5M, New York, NY 10012 (MLS# RLS20113218) is a Single Family property with 3 bedrooms and 3 full bathrooms. 109 Mercer Street #5M is currently listed for $4,795,000 and was received on September 08, 2026. Want to learn more about 109 Mercer Street #5M? Do you have questions about finding other Single Family real estate for sale in New York? You can browse all New York real estate or contact a Coldwell Banker agent to request more information.

