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Full-Floor Residential Income Property

72 Mercer Street 3E, Manhattan, NY 10012

For Sale
$5,500,000

Renovated two-bedroom residence with direct elevator entry, private outdoor space, and high ceilings in a nine-unit condominium.

Property Size2,142 SF
Price / SF$2,567
Days on Market60

Property Features for 72 Mercer Street 3E

General Information

Standard status Active
Size 2,142 SF
Elevators Yes
Property subtype Apartment

Units

Unit Mix 1 x 2BR/2.5BA
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $48,931

Amenities

fireplace
balcony
in-unit washer/dryer
central HVAC
speaker system
hardwood floors
storage room
doorman
security system
fitness center

Building Details

Building Size 2,142 SF
Year Built 2005
Listing Agency: Compass
Listed By: Friedland Tania Isacoff
Source: Howardhannanyc
Added: Sep 9 Changed: Nov 7 Last Checked: Nov 6 at 4:04PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass

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Investment Insights

Based on property information with market context.

This 2,142-square-foot, full-floor residence offers two bedrooms, two and a half baths, and ceilings exceeding 11.5 feet. A private elevator opens into a generous great room with separate living and dining zones, a gas fireplace, and four oversized windows facing Broadway. The open Bulthaup kitchen combines Carrara marble and stainless steel work surfaces with Sub-Zero, Thermador, Gaggenau, Miele, and Miele x Nespresso appliances. The primary suite includes a west-facing private balcony, two closets, and a Carrara marble bath with dual vanities, soaking tub, and glass-enclosed rain shower. The second bedroom has an ensuite bath and courtyard-facing floor-to-ceiling windows.

Additional features include a powder room, in-unit washer/dryer, three-zone central HVAC with room-by-room controls, Sonos surround sound, hardwood floors, and a private approximately 75-square-foot storage room transferred with the apartment. The nine-unit condominium provides a part-time doorman from 8AM to 12AM, smart home security with audio/visual capability, and a fitness center. The property is on a cobblestone street in SoHo’s Cast Iron Historic District near shopping, dining, galleries, and transportation.

Key Highlights

  • 2,142‑square‑foot full‑floor residence with two bedrooms and 2.5 baths
  • Private elevator entry and ceilings exceeding 11.5 feet
  • Primary suite with west‑facing private balcony and Carrara marble ensuite bath

Property Analytics

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Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

35,943
Businesses Nearby

Demographics for 10012, NY

23,125
Population
14,568
Households
1.6
Avg Household Size
35
Median Age
83%
College-Educated
96%
High-School Grad
0.3 sq mi
ZIP Area
77,083
Density / Sq Mi
$130,938
Median Household Income
$88,301
Median Earnings
$2,731
Median Rent
$1,500,000
Median Home Value
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Market

Average Price Trend$/SF for Residential income properties in Manhattan, NY

$1,276 Jul
$727 Aug
$650 Sep
$877 Oct

Properties on Market for Residential income properties in Manhattan

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - Renovated two-bedroom residence with direct elevator entry, private outdoor space, and high ceilings in a nine-unit condominium.
Where is this residential income property located?
The property is located at 72 Mercer Street 3E Manhattan, NY.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: 2,142‑square‑foot full‑floor residence with two bedrooms and 2.5 baths; Private elevator entry and ceilings exceeding 11.5 feet; Primary suite with west‑facing private balcony and Carrara marble ensuite bath
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