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

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

Also known as: 40 Mercer St #Ret-D

Property image for 40 Mercer Street #Ret-D, New York, NY 10013

Property type

Retail Space (RK)

Year built

2005

Lot sq. ft.

21,370

Sale price

$17,245,000

General information

Address

Primary address

40 Mercer Street #Ret-D

ZIP code

10013

Neighborhood

SoHo

Borough

Manhattan

Block & lot

00474-1545

Building

Property type

Retail Space (RK)

Unit sq. ft.

2,395

Buildings on lot

Stories

Year built

2005

Building material

Sales

Sale date

11/19/2024

Sale price

$17,245,000 - M

Tax

Tax year

2026-2027

Property tax

$234,486

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

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

Community district

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

Ownership

Ownership information for 40 Mercer Street #Ret-D, New York, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 40 Mercer Street #Ret-D, New York, NY 10013

Sale date	Sale price	Buyer name	Seller name
11/19/2024	$17,245,000	XXXX XXXXXX XXXXXXXXX XXX XXXXXXXX XXX	XX XXXXXX XXXXXX XXXXXXXX, XXX
07/03/2013	$80,000,000	XX XXXXXX XXXXXX XXXXXXXX, XXX	XXX XXXXXXXX XXXXXXXX XXXXXXXXX XX, XXX
07/02/2012	$57,000,000	XXX XXXXXXXX XXXXXXXX XXXXXXXXX XX, XXX	XXX XXXXXXXX, XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
11/25/2024 - R 11/19/2024 - D	Deed (2024112200493001)	XX XXXXXX XXXXXX XXXXXXXX XXX	XXXX XXXXXX XXXXXXXXX XXX XXXXXXXX XXX
09/19/2023 - R 09/13/2023 - D	Satisfaction of Mortgage (2023091300260001)	XX XXXXXX XXXXXX XXXXXXXX XXX	XX XXXX X X
09/19/2023 - R 09/13/2023 - D	Termination of Assign of L&R (2023091300257001)	XX XXXXXX XXXXXX XXXXXXXX XXX	XX XXXX X X
04/23/2015 - R	Initial UCC1 (2015042100777002)	XX XXXXXX XXXXXX XXXXXXXX XXX	XX XXXX XX
04/23/2015 - R	UCC3 Termination (2015042100777001)	XXX XXXXXXXX XXXXXXXX XXXXXXXXX XX XXX	XXXX XXXX XXXX XXXXXX XXXXXX XXXX XX (XXXX XXX)
05/14/2015 - R 04/15/2015 - D	Assignment of Leases and Rents (2015042100681005)	XX XXXXXX XXXXXX XXXXXXX XXX	XX XXXX XX
05/14/2015 - R 04/15/2015 - D	Agreement (2015042100681004)	XX XXXXXX XXXXXX XXXXXXX XXX	XX XXXX XX
05/14/2015 - R 04/15/2015 - D	Mortgage (2015042100681003)	XX XXXXXX XXXXXX XXXXXXX XXX	XX XXXX XX
05/14/2015 - R 04/15/2015 - D	Assignment, Mortgage (2015042100681002)	XXXXX XXXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX	XX XXXX XX
05/14/2015 - R 07/03/2013 - D	Assignment, Mortgage (2015042100681001)	XXXX XXXX XXXX XXXXXX XXXXXX XXXX XX (XXXXXXX) XXX	XXXXX XXXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 40 Mercer Street #Ret-D, 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

$234,486

Municipal exemptions

Recent tax assessments

Market value

$4,968,837

Assessed value

$2,235,977

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	$4,855,828	$2,185,123	$2,163,905	10.848%	$234,740	$234,740	-16.61%
2024/25	$5,814,074	$2,616,334	$2,615,553	10.762%	$281,486	$281,486	+1.90%
2023/24	$5,795,532	$2,607,990	$2,607,990	10.592%	$276,238	$276,238	+6.72%
2022/23	$5,402,932	$2,431,319	$2,431,320	10.646%	$258,838	$258,838	+7.07%
2021/22	$4,994,902	$2,247,706	$2,247,706	10.755%	$241,741	$241,741	-20.66%
2020/21	$7,054,271	$3,174,422	$2,849,129	10.694%	$304,686	$304,686	+14.16%
2019/20	$6,872,106	$3,092,448	$2,533,011	10.537%	$266,903	$266,903	+14.17%
2018/19	$6,005,740	$2,702,583	$2,223,561	10.514%	$233,785	$233,785	+37.53%
2017/18	$5,915,000	$2,661,750	$1,616,772	10.514%	$207,843	$169,987	+16.14%
2016/17	$5,809,896	$2,614,453	$1,384,148	10.574%	$178,859	$146,360	+52.13%

Permits

Permit information for 40 Mercer Street #Ret-D, 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.

Listings

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.

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

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

View subway map

Access the detailed traffic volume map for 40 Mercer Street #Ret-D, 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

Nearby ZIP codes for 40 Mercer Street #Ret-D, New York, NY

07311, Hudson County, NJ 10002, New York City, NY 10003, New York City, NY 10004, 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 10012, New York City, NY 10014, New York City, NY 10038, 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 11201, New York City, NY

Frequently asked questions

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

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

What is the market value of 40 Mercer Street #Ret-D, New York, NY 10013?

The current market value of 40 Mercer Street #Ret-D, New York, NY 10013 is $4,968,837.

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

40 Mercer Street #Ret-D, New York, NY 10013 has a total of 2,395 square feet.

What is the price per square foot for this property?

$7,200 per square foot is the price for 40 Mercer Street #Ret-D, New York, NY 10013.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.