New York City  »  10012  »  Mercer St  »  251 Mercer St

251 Mercer Street, New York, NY 10012 - Property report

Also known as: 251 Mercer St

Property image for 251 Mercer Street, New York, NY 10012

Property type

Zoned Commercial or Manhattan Residential (V1)

Lot sq. ft.

4,393

Sale price

$6,388,000

General information

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Address
Primary address
251 Mercer Street
ZIP code
10012
Borough
Manhattan
Block & lot
00535-8020

Owner

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Building
Property type
Zoned Commercial or Manhattan Residential (V1)
Building material
Sales
Sale date
09/03/2015
Sale price
$6,388,000 - M
Tax
Tax year
2026-2027
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
209.2 ft x 21 ft
Lot sq. ft.
4,393
Ownership

Ownership information for 251 Mercer Street, New York, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for 251 Mercer Street, New York, NY 10012

Sale date Sale price Buyer name Seller name
09/03/2015 $6,388,000 XXX XXXX XXXXXXXXXX XXX XXXX XX XXX XXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
09/25/2015 - R
09/03/2015 - D		 Deed
(2015091601167002)		 XXX XXXX XX XXX XXXX XXX XXXX XXXXXXXXXX

*Most recent recorded document on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 251 Mercer Street, New York, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Municipal exemptions
Recent tax assessments
Market value
$1,936,000
Assessed value
$871,200

More about New York City property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y change
2025/26 $2,038,000 $917,100 $0 10.848% $99,487 $0 n/a
2024/25 $2,145,000 $965,250 $0 10.762% $103,880 $0 n/a
2023/24 $2,258,000 $1,016,100 $0 10.592% $106,815 $0 n/a
2022/23 $2,377,000 $1,069,650 $0 10.646% $102,837 $0 n/a
2021/22 $2,502,000 $1,125,900 $0 10.755% $97,647 $0 n/a
2020/21 $2,176,000 $979,200 $0 10.694% $89,682 $0 n/a
2019/20 $1,892,000 $851,400 $0 10.537% $67,730 $0 n/a
2018/19 $1,786,000 $803,700 $0 10.514% $49,679 $0 n/a
2017/18 $1,732,000 $779,400 $0 10.514% $32,778 $0 n/a
2016/17 $1,732,000 $779,400 $0 10.574% $16,483 $0 n/a
Permits

Permit information for 251 Mercer Street, New York, NY

No recently recorded permits for this property.

More about New York City property records

Violations

DOB Violations

No recently recorded violations for this property.

Neighborhood

Manhattan commercial market stats

Review a detailed real estate market overview of Manhattan and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Manhattan and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$729

10.4% Y-o-Y

Q1 2026 median price/sq. ft.

$807

22.4% Y-o-Y

2025 median price/sq. ft.

$630

-8.1% Y-o-Y

Check out recently sold homes in Manhattan and see how their prices compare.

Neighbors for 251 Mercer Street, New York, NY

535 Laguardia Pl, New York

Nearby ZIP codes for 251 Mercer Street, New York, NY

10001, New York City, NY 10002, New York City, NY 10003, New York City, NY 10005, New York City, NY 10006, New York City, NY 10007, New York City, NY 10009, New York City, NY 10010, New York City, NY 10011, New York City, NY 10013, New York City, NY 10014, New York City, NY 10016, New York City, NY 10038, New York City, NY 10119, New York City, NY 10271, New York City, NY 10278, New York City, NY 10279, New York City, NY 10280, New York City, NY 10282, New York City, NY

Frequently asked questions

What is the market value of 251 Mercer Street, New York, NY 10012?

The current market value of 251 Mercer Street, New York, NY 10012 is $1,936,000.

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