New York City » 10012 » Mercer St » 85 Mercer St

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

Also known as: 85 Mercer St

Property image for 85 Mercer Street, New York, NY 10012

Property type

Elevator Co-op Building Conversion From Loft/Warehouse (XD0)

Year built

1872

Lot sq. ft.

5,017

General information

Address

Primary address

85 Mercer Street

Alternate address(es)

85-87 Mercer St

ZIP code

10012

Neighborhood

SoHo

Borough

Manhattan

Block & lot

00485-0025

Building

Property type

Elevator Co-op Building Conversion From Loft/Warehouse (XD0)

Building sq. ft.

24,900

Building dimensions

50 ft x 96 ft

Buildings on lot

Stories

Year built

1872

Tax

Tax year

2026-2027

Property tax

$355,514

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Frontage(s)

Mercer Street (narrow)

Nearest wide street

Spring Street

Distance to wide street

Lot dimensions

50.17 ft x 100 ft

Lot sq. ft.

5,017

Area overview

Walk score

100 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

91 /100. Biker's Paradise

School district

Community district

Closest police station

0.39 Miles

Closest fire station

0.17 Miles

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

Units for 85 Mercer Street, New York, NY

Unit	Sale date	Sq. ft.
Unit 1R	12/29/2022
Unit 2E
Unit 2F	10/06/2006	2,500
Unit 2R	06/08/2021
Unit 33R
Unit 3R	05/16/2006	2,000
Unit 4F,4R	11/06/2015
Unit 4F-R
Unit 4F	01/21/2010	4,800
Unit 4R,4F-5R
Unit 4R	01/21/2010
Unit 5F
Unit 5R	07/31/2012	2,350
Unit PHB	09/04/2025

Ownership

Ownership information for 85 Mercer Street, 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 85 Mercer Street, New York, NY 10012

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
06/09/2025 - D 06/09/2025 - R	Lien of Common Charges (2025060900213001)	XX XX XXXXXX XX XXXXXXXXXXX XXX	XXXXXXXX XXXXXXXXX XXX
02/10/2025 - R	UCC3 Continuation (2025021000523001)	XXXX XXXXXX XXXXXX XXXXXXXXXX XXX	XXXXXX XXXXXXXX XXXX
04/15/2024 - R	UCC3 Amendment (2024041500483001)	XXXX XXXXXX XXXXXX XXXXXXXXXX XXX	XXXXXX XXXXXXXX XXXX
05/21/2020 - R	UCC3 Termination (2020052000553001)	XXXX XXXXXX XXXXXX XXXXXXXXXX XXX	XXXXXX XXXXXXXX XXXX
05/21/2020 - R	Initial UCC1 (2020052000549001)	XXXX XXXXXX XXXXXX XXXXXXXXXX XXX	XXXXXX XXXXXXXX XXXX
05/22/2020 - R 05/15/2020 - D	Assignment of Leases and Rents (2020052000510003)	XXXX XXXXXX XXXXXX XXXXXXXXXX XXX	XXXXXX XXXXXXXX XXXX
05/22/2020 - R 05/15/2020 - D	Agreement (2020052000510002)	XXXX XXXXXX XXXXXX XXXXXXXXXX XXX	XXXXXX XXXXXXXX XXXX
05/22/2020 - R 05/15/2020 - D	Mortgage (2020052000510001)	XXXX XXXXXX XXXXXX XXXXXXXXXX XXX	XXXXXX XXXXXXXX XXXX
05/21/2020 - R 05/14/2020 - D	Termination of Assign of L&R (2020052000553002)	XXXXXX XXXXXXXX XXXX	XXXX XXXXXX XXXXXX XXXXXXXXXX XXX
10/12/2017 - R	UCC3 Continuation (2017101200647001)	XXXX XXXXXX XXXXXX XXXXXXXXXX XXX	XXXXXX XXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 85 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

Property tax

$355,514

Municipal exemptions

Recent tax assessments

Market value

$7,446,000

Assessed value

$3,350,700

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	$8,016,000	$3,607,200	$2,936,930	12.439%	$365,610	$332,870	+3.38%
2024/25	$6,320,000	$2,844,000	$2,825,740	12.5%	$353,486	$321,989	+1.78%
2023/24	$6,274,000	$2,823,300	$2,820,980	12.502%	$352,969	$316,364	-5.74%
2022/23	$6,601,000	$2,970,450	$2,968,060	12.267%	$364,385	$335,628	+10.80%
2021/22	$6,024,000	$2,710,800	$2,708,340	12.235%	$331,666	$302,901	-15.88%
2020/21	$6,779,000	$3,050,550	$2,935,390	12.267%	$360,377	$360,084	+3.85%
2019/20	$7,081,000	$3,186,450	$2,779,840	12.473%	$347,020	$346,729	+7.63%
2018/19	$7,165,000	$3,224,250	$2,554,360	12.612%	$322,465	$322,156	+11.42%
2017/18	$6,203,000	$2,791,350	$2,273,250	12.719%	$289,715	$289,135	+8.26%
2016/17	$5,414,000	$2,436,300	$2,071,670	12.892%	$267,688	$267,080	+6.37%

Permits

Permit information for 85 Mercer Street, New York, NY

Filing date	Job type	Job status	Job description	Initial cost
07/09/2024	Alteration
06/17/2024	Alteration
10/17/2023	Alteration
10/12/2023	Alteration
06/26/2023	Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

Violation ID	Inspection date	Class	NOV issue date	Status
	02/15/2022	A

*Most recent HPD violation on record for this property.

Neighborhood

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

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 & Prince St at SW Corner

Station lines

N-R

Distance (miles)

0.145

View subway map

Access the detailed traffic volume map for 85 Mercer Street, 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

Schools

Nearest elementary schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
P.S. 3 Charrette School	7	Yes	Public	PK, K-5	519	0.73
P.S. 3 Charrette School	7	Yes	Public	PK, K-5	519	0.73
P.S. 130 Hernando De Soto	8	No	Public	PK, K-5	605	0.31
P.S. 130 Hernando De Soto	8	No	Public	PK, K-5	605	0.31
St. Anthonys School	NR	No	Private		0	0.34
Elisabeth Irwin High School	NR	No	Private	PK-12	650	0.36
Elisabeth Irwin High School	NR	No	Private	PK-12	650	0.36
Portfolio School	NR	No	Private	K-7	0	0.43
LREI Lower and Middle School	NR	No	Private	PK-12	0	0.44

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Middle 297	5	Yes	Public	6-8	422	0.68
St. Anthonys School	NR	No	Private		0	0.34
Elisabeth Irwin High School	NR	No	Private	PK-12	650	0.36
Portfolio School	NR	No	Private	K-7	0	0.43
LREI Lower and Middle School	NR	No	Private	PK-12	0	0.44
Nativity Mission School	NR	No	Private	8	16	0.52
P.S. 721 Manhattan Occupational Training Center	NR	No	Public	6-12	179	0.52
Great Oaks Charter School	6	No	Charter	6-8	293	0.55
Ms 131	4	No	Public	6-8	236	0.60
Manhattan School For Career Development	NR	No	Public	6-12	213	0.67

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Chelsea Career And Technical Education High School	5	No	Public	9-12	413	0.25
Broome Street Academy Charter High School	2	No	Charter	9-12	270	0.26
NYC iSchool	8	No	Public	9-12	454	0.28
St. Anthonys School	NR	No	Private		0	0.34
Elisabeth Irwin High School	NR	No	Private	PK-12	650	0.36
LREI Lower and Middle School	NR	No	Private	PK-12	0	0.44
Forsythe Satellite Academy	NR	No	Public	9-12	142	0.52
Cascades High School	2	No	Public	9-12	112	0.52
High School 560 City As School	2	No	Public	9-12	555	0.52
P.S. 721 Manhattan Occupational Training Center	NR	No	Public	6-12	179	0.52

Nearby ZIP codes for 85 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 year built for 85 Mercer Street, New York, NY 10012?

The development at 85 Mercer Street, New York, NY 10012 was built in 1872.

What is the total square footage of 85 Mercer Street, New York, NY 10012?

85 Mercer Street, New York, NY 10012 has a total of 24,900 square feet.

What is the assessed value of 85 Mercer Street, New York, NY 10012?

85 Mercer Street, New York, NY 10012 is currently assessed at $3,350,700.

What are the property taxes for 85 Mercer Street, New York, NY 10012?

The property taxes for 85 Mercer Street, New York, NY 10012 total $381,251.

How many residential units does this building have?

This building has 16 residential unit(s).

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.