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Property profile & analytics

81 Mercer St New York, NY 10012

  • Parking lots & garages
  • 2,383 SF
  • 0.05 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US63-0853520
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Park Mercer LLC / Parking Lot

Property Details for 81 Mercer St

Lot size
0.05 lot acres
Property size
2,383 SF
Zone code
M15R7X
Property type
Parking lots & garages
APN
00485-0028
APU
4850028

Description

This exceptional 2,383 square foot surface parking lot at 81 Mercer Street, situated in the vibrant SoHo submarket of New York County, presents a unique investment opportunity. Boasting 27 parking spaces, including nine added by three lifts, this lot offers convenient access and high visibility. The property features a 23-foot frontage and is strategically located near Spring Street and Broome Street, surrounded by renowned retailers and restaurants such as Cipriani Downtown, Sadelle's, Fanelli Cafe, Sartiano's, Ugg Soho, and many more high-end brands. The lot includes a cashier booth and a roll-down gate for security. Zoned SNX, M1-5/R7X, this single-tenancy property is currently vacant and ready for immediate occupancy. Its prime location in the heart of SoHo's bustling retail and hospitality scene makes it an ideal investment for those seeking a high-demand parking facility. The lot size is 2,383 square feet. This is a rare opportunity to acquire a well-positioned parking lot in one of Manhattan's most desirable neighborhoods.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
New York
County
New York
State
New York
Longitude
-74.0003
Latitude
40.7229
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$18,160
$171,450
$0.00
$171,450
-
$405,000
$0.00
$405,000
More about this property
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