New York City  »  10013  »  Mercer St  »  40 Mercer St

40 Mercer Street #2, New York, NY 10013 - Property report

Also known as: 40 Mercer St #2

Property image for 40 Mercer Street #2, New York, NY 10013
static Mapbox map

Property type

Condo - Residential Unit in Elevator Building (R4)

Year built

2005

Lot sq. ft.

21,370

Sale price

$4,258,508

General information

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Address
Primary address
40 Mercer Street #2
ZIP code
10013
Neighborhood
SoHo
Borough
Manhattan
Block & lot
00474-1502

Owner

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Building
Property type
Condo - Residential Unit in Elevator Building (R4)
Unit sq. ft.
2,476
Buildings on lot
1
Stories
13
Year built
2005
Basement
N
Sales
Sale date
09/14/2009
Sale price
$4,258,508
Tax
Tax year
2026-2027
Property tax
$68,144
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
41
Residential sq. ft.
Commercial units
6
Office sq. ft.
Retail sq. ft.
Lot
Distance to wide street
Lot sq. ft.
21,370

Area overview

Walk score
100 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
92 /100.  Biker's Paradise
School district
2
Community district
2

View more such as transportation, nearby schools and risk designations.

Ownership information for 40 Mercer Street #2, New York, NY

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

Sales history for 40 Mercer Street #2, New York, NY 10013

Sale date Sale price Buyer name Seller name
09/14/2009 $4,258,508 XXXX XXXXXXXX XXX XXXXXXXX, XXXXXXX X
04/01/2009 $135,000 XXXXX, XXXXXXXXXXX XXXXXXX XXXXXXXX, XXXXXXX X
04/11/2007 $4,582,125 XXXXXXXX, XXXXXXX X XXXXXXXXXXXX XXXXX XXXXXX X X X XXX XXXXXXXXXXX XXXXX XXXXXX X X X

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
09/02/2025 - R
08/21/2025 - D
Agreement
(2025082800632002)
XXX XX XXXXXX XXX XXXXXXXXX XXXX
09/02/2025 - R
08/19/2025 - D
Assignment, Mortgage
(2025082800632001)
XXXX XX XX XXX XXX XXX XX XXXXXX XXX
08/12/2025 - R Initial UCC1
(2025080500394008)
XXXX XXXXXXXX XXXXXXXX XXX XXX XX XXXXXX XXX
08/12/2025 - R UCC3 Termination
(2025080500394004)
XXXX XXXXXXXX XXX XXXXXXX XXXX XXXXXXXX XXXXXXXXXXX
08/15/2025 - R
07/29/2025 - D
Assignment, Mortgage
(2025081200198001)
XXX XX XXXXXX XXX XXXX XX XX XXX XXX
08/12/2025 - R
07/29/2025 - D
Sundry Agreement
(2025080500394011)
XXXX XXXXXXXX XXXXXXXX XXX XXX XX XXXXXX XXX
08/12/2025 - R
07/29/2025 - D
Agreement
(2025080500394010)
XXXX XXXXXXXX XXXXXXXX XXX XXXXXXX XXXX XXXXXX XXXXXXXX XXX
08/12/2025 - R
07/29/2025 - D
Agreement
(2025080500394009)
XXXX XXXXXXXX XXX XXXXXXX XXXX XXXXXX XXXXXXXX XXX
08/12/2025 - R
07/29/2025 - D
Assignment of Leases and Rents
(2025080500394007)
XXXX XXXXXXXX XXXXXXXX XXX XXX XX XXXXXX XXX
08/12/2025 - R
07/29/2025 - D
Agreement
(2025080500394006)
XXXX XXXXXXXX XXXXXXXX XXX XXX XX XXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 40 Mercer Street #2, 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
Property tax
$68,144
Municipal exemptions
Recent tax assessments
Market value
$1,291,456
Assessed value
$581,156

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 $1,240,850 $558,383 $530,133 12.439% $65,943 $65,943 -0.00%
2024/25 $1,239,471 $557,762 $527,547 12.5% $65,943 $65,943 +0.92%
2023/24 $1,163,468 $523,561 $522,634 12.502% $65,340 $65,340 +4.43%
2022/23 $1,151,743 $518,284 $510,027 12.267% $62,565 $62,565 +3.79%
2021/22 $1,094,847 $492,681 $492,682 12.235% $60,280 $60,280 +0.69%
2020/21 $1,212,121 $545,454 $488,030 12.267% $59,867 $59,867 +3.12%
2019/20 $1,184,867 $533,190 $465,433 12.473% $58,053 $58,053 +0.46%
2018/19 $1,143,471 $514,562 $458,177 12.612% $57,785 $57,785 +29.95%
2017/18 $1,101,390 $495,626 $349,604 12.719% $54,678 $44,466 +5.89%
2016/17 $978,768 $440,446 $325,719 12.892% $51,573 $41,992 +37.57%

Permit information for 40 Mercer Street #2, New York, NY

No recently recorded permits for this property.

More about New York City property records

HPD Violations

No recently recorded violations for this property.

SoHo, Tribeca, Civic Central, Little Italy residential market stats

Access a detailed real estate market overview of SoHo, Tribeca, Civic Central, Little Italy so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in SoHo, Tribeca, Civic Central, Little Italy and compare it to other neighborhoods in Manhattan.

Median sale price

Median price/sq. ft.

Manhattan median sale price

$1,260,000

5.4% Y-o-Y

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

Risk

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FEMA flood zones

Property location map
FEMA flood zones
-

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Broadway & Canal St at NW Corner
Station lines
J-N-Q-R-Z-6
Distance (miles)
0.124

Access the detailed traffic volume map for 40 Mercer Street #2, New York, NY 10013 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
P.S. 130 Hernando De Soto 8 No Public PK, K-5 605 0.22
P.S. 130 Hernando De Soto 8 No Public PK, K-5 605 0.22
Portfolio School NR No Private K-7 0 0.35
Elisabeth Irwin High School NR No Private PK-12 650 0.44
Elisabeth Irwin High School NR No Private PK-12 650 0.44
St. Anthonys School NR No Private 0 0.45
Transfiguration Upper and Lower Campus NR No Private K-8 416 0.46
P.S. 124 Yung Wing 9 No Public PK, K-5 520 0.55
P.S. 124 Yung Wing 9 No Public PK, K-5 520 0.55
P.S. 1 Alfred E Smith 4 No Public PK, K-5 192 0.62
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Portfolio School NR No Private K-7 0 0.35
Elisabeth Irwin High School NR No Private PK-12 650 0.44
St. Anthonys School NR No Private 0 0.45
Transfiguration Upper and Lower Campus NR No Private K-8 416 0.46
Transfiguration School NR No Private PK-8 428 0.46
Ms 131 4 No Public 6-8 236 0.53
P.S. 721 Manhattan Occupational Training Center NR No Public 6-12 179 0.61
Great Oaks Charter School 6 No Charter 6-8 293 0.66
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Broome Street Academy Charter High School 2 No Charter 9-12 270 0.29
Chelsea Career And Technical Education High School 5 No Public 9-12 413 0.30
NYC iSchool 8 No Public 9-12 454 0.32
Elisabeth Irwin High School NR No Private PK-12 650 0.44
St. Anthonys School NR No Private 0 0.45
Pace High School 4 No Public 9-12 529 0.53
Emma Lazarus High School 4 No Public 9-12 293 0.53
LREI Lower and Middle School NR No Private PK-12 0 0.56
Cascades High School 2 No Public 9-12 112 0.56
Forsythe Satellite Academy NR No Public 9-12 142 0.56

Data provided by GreatSchools.org © 2026. All rights reserved.

Frequently asked questions

What is the year built for 40 Mercer Street #2, New York, NY 10013?

The development at 40 Mercer Street #2, New York, NY 10013 was built in 2005.

What is the total square footage of 40 Mercer Street #2, New York, NY 10013?

40 Mercer Street #2, New York, NY 10013 has a total of 2,476 square feet.

When was 40 Mercer Street #2, New York, NY 10013 last sold and what was the sale price?

40 Mercer Street #2, New York, NY 10013 was last sold on 09/14/2009 for $4,258,508.

What is the assessed value of 40 Mercer Street #2, New York, NY 10013?

40 Mercer Street #2, New York, NY 10013 is currently assessed at $581,156.

What are the property taxes for 40 Mercer Street #2, New York, NY 10013?

The property taxes for 40 Mercer Street #2, New York, NY 10013 total $68,144.

How many residential units does this building have?

This building has 41 residential unit(s).

Disclaimer

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