Manhattan  »  10012  »  Mercer St  »  72 Mercer St

72 Mercer Street #Com, New York, NY 10012 - Property report

Also known as: 501 Broadway #Com

Property image for 72 Mercer Street #Com, New York, NY 10012
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Property type

Condo - Commercial Unit of 2-10 Unit Building (R8)

Year built

2005

Lot sq. ft.

5,850

Sale price

$27,500,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
72 Mercer Street #Com
Alternate address(es)
501 Broadway #Com
ZIP code
10012
Neighborhood
SoHo
Borough
Manhattan
Block & lot
00484-1001

Owner

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Building
Property type
Condo - Commercial Unit of 2-10 Unit Building (R8)
Unit sq. ft.
13,666
Building dimensions
29.25 ft x 200 ft
Buildings on lot
1
Stories
7
Year built
2005
Sales
Sale date
12/07/2021
Sale price
$27,500,000
Tax
Tax year
2026-2027
Property tax
$197,878
Tax class
Zoning & Use
Residential units
9
Commercial units
1
Lot
Lot sq. ft.
5,850

Area overview

Walk score
100 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
89 /100.  Very Bikeable
School district
2
Community district
2

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

Ownership

Ownership information for 72 Mercer Street #Com, 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 72 Mercer Street #Com, New York, NY 10012

Sale date Sale price Buyer name Seller name
12/07/2021 $27,500,000 XXX XXXXXXXX XX XXX XXX XXX XXXXXXXX XXX
08/20/2012 $31,000,000 XXX XXX XXXXXXXX XXX XXX XXXXXXXX XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
01/02/2026 - R Initial UCC1
(2025123100530001)		 XXX XXXXXXXX XX XXX XXXX XX XXXX
01/08/2026 - R
12/31/2025 - D		 Assignment of Leases and Rents
(2026010600249004)		 XXX XXXXXXXX XX XXX XXXX XX XXXX
01/08/2026 - R
12/31/2025 - D		 Agreement
(2026010600249003)		 XXX XXXXXXXX XX XXX XXXX XX XXXX
01/08/2026 - R
12/26/2025 - D		 Termination of Assign of L&R
(2026010600249002)		 XXXXX XXXXXXX XXXX XXX XXXXXXXX XX XXX
01/08/2026 - R
12/26/2025 - D		 Assignment, Mortgage
(2026010600249001)		 XXXXX XXXXXXX XXXX XXXX XX XXXX
12/17/2021 - R UCC3 Termination
(2021121601508001)		 XXX XXX XXXXXXXX XXX XXXXXXX XXX XXXXXXXX XXXXXXXXXXX
12/13/2021 - R UCC3 Termination
(2021121000861001)		 XXX XXX XXXXXXXX XXX XXXXXXX XXX XXXXXXXX XXXXXXXXXXX
12/17/2021 - R
12/07/2021 - D		 Satisfaction of Mortgage
(2021121000683006)		 XXX XXX XXXXXXXX XXX XXXXXXX XXX X X
12/17/2021 - R
12/07/2021 - D		 Assignment of Leases and Rents
(2021121000683004)		 XXX XXXXXXXX XX XXX XXXXX XXXXXXX XXXX
12/17/2021 - R
12/07/2021 - D		 Mortgage
(2021121000683003)		 XXX XXXXXXXX XX XXX XXXXX XXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 72 Mercer Street #Com, 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
$197,878
Municipal exemptions
Recent tax assessments
Market value
$12,981,642
Assessed value
$5,841,739

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 $12,769,642 $5,746,339 $1,541,492 12.439% $191,746 $191,746 +7.47%
2024/25 $10,756,800 $4,840,560 $1,427,307 12.5% $178,413 $178,413 +7.98%
2023/24 $8,964,000 $4,033,800 $1,321,581 12.502% $165,224 $165,224 +10.07%
2022/23 $9,711,000 $4,369,950 $1,223,687 12.267% $150,110 $150,110 +0.26%
2021/22 $11,019,000 $4,958,550 $1,223,682 12.235% $149,717 $149,717 +2.93%
2020/21 $10,698,000 $4,814,100 $1,185,763 12.267% $145,458 $145,458 +6.22%
2019/20 $8,914,800 $4,011,660 $1,097,929 12.473% $136,945 $136,945 +27.35%
2018/19 $7,429,000 $3,343,050 $852,648 12.612% $128,214 $107,536 +6.94%
2017/18 $6,526,000 $2,936,700 $790,628 12.719% $119,724 $100,560 +21.89%
2016/17 $5,922,000 $2,664,900 $639,955 12.892% $121,352 $82,503 +3.11%
Permits

Permit information for 72 Mercer Street #Com, 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.

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

Property location map
FEMA flood zones
-

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Lafayette St & Spring St at SW Corner
Station lines
6
Distance (miles)
0.131
View subway map

Access the detailed traffic volume map for 72 Mercer Street #Com, New York, NY 10012 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

Neighbors for 72 Mercer Street #Com, New York, NY

332 E 120th St, New York 88 Greenwich St, New York 47 Murray St, New York 160 Varick St, New York 250 W 10th St, New York 2 Water St, New York 54 Stone St, New York 15 Cliff St, New York 92 Chambers St, New York 25 Murray St, New York

Nearby ZIP codes for 72 Mercer Street #Com, 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 year built for 72 Mercer Street #Com, New York, NY 10012?

The development at 72 Mercer Street #Com, New York, NY 10012 was built in 2005.

What is the market value of 72 Mercer Street #Com, New York, NY 10012?

The current market value of 72 Mercer Street #Com, New York, NY 10012 is $12,981,642.

What is the total square footage of 72 Mercer Street #Com, New York, NY 10012?

72 Mercer Street #Com, New York, NY 10012 has a total of 13,666 square feet.

What is the price per square foot for this property?

$2,012 per square foot is the price for 72 Mercer Street #Com, New York, NY 10012.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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