New York City » 10012 » Mercer St » 165 Mercer St

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

Also known as: 165 Mercer St

Property image for 165 Mercer Street, New York, NY 10012

Property type

Office with Commercial - 1 to 6 Stories (O5)

Year built

1870

Lot sq. ft.

5,000

Sale price

$40,000,000

General information

Address

Primary address

165 Mercer Street

Alternate address(es)

165-167 Mercer St

ZIP code

10012

Neighborhood

SoHo

Borough

Manhattan

Block & lot

00513-0023

Building

Property type

Office with Commercial - 1 to 6 Stories (O5)

Building sq. ft.

30,020

Building dimensions

50 ft x 99 ft

Buildings on lot

Stories

Year built

1870

Last altered

2017

Building material

Sales

Sale date

02/21/2025

Sale price

$40,000,000

Tax

Tax year

2026-2027

Property tax

$563,493

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 dimensions

50 ft x 100 ft

Lot sq. ft.

5,000

Area overview

Walk score

100 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

95 /100. Biker's Paradise

School district

Community district

Closest police station

0.53 Miles

Closest fire station

0.19 Miles

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

Ownership

Ownership information for 165 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 165 Mercer Street, New York, NY 10012

Sale date	Sale price	Buyer name	Seller name
02/21/2025	$40,000,000	XXX XXXXXX XXXXX XXX	XXX XXXXXX XXXXXXXX XXXXX XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
02/26/2025 - R	Initial UCC1 (2025022500071006)	XXX XXXXXX XXXXX XXX	XXXXX XXXXX XXX
02/26/2025 - R	UCC3 Termination (2025022500071004)	XXX XXXXXX XXXXXXXX XXXXX XXX	XXXXX XXX XX XXXXXX XXX
02/26/2025 - R 02/21/2025 - D	Agreement (2025022500071005)	XXX XXXXXX XXXXX XXX	XXXXX XXXXX XXX
02/26/2025 - R 02/21/2025 - D	Termination of Assign of L&R (2025022500071003)	XXXXX XXX XX XXXXXX XXX	XXX XXXXXX XXXXXXXX XXXXX XXX
02/26/2025 - R 02/21/2025 - D	Assignment, Mortgage (2025022500071002)	XXXXX XXX XX XXXXXX XXX	XXXXX XXXXX XXX
02/26/2025 - R 02/21/2025 - D	Deed (2025022500071001)	XXX XXXXXX XXXXXXXX XXXXX XXX	XXX XXXXXX XXXXX XXX
07/14/2023 - R 03/08/2023 - D	NYC Real Property Transfer Tax (2023071300525001)	XXXXXXXXXXXX XXX XX XXX	XXXXXXX XX XXXXXXX (XXXXXXXXXX) XX
02/06/2020 - R	UCC3 Assignment (2020020500303002)	XXX XXXXXX XXXXXXXX XXXXX XXX	XXXXXXX XXXX XXXXXX XXXXXX XXXXXXXXXX XXX
02/06/2020 - R 01/30/2020 - D	Assignment, Mortgage (2020020500303001)	XXXXXXX XXXX XXXXXX XXXXXX XXXXXXXXXX XXX	XXXXX XXX XX XXXXXX XXX
01/24/2020 - R	UCC3 Termination (2020012300102010)	XXX XXXXXX XXXXXXXX XXXXX XXX	XXXXXXXXXXXXX XXX XXXXXXX XXXXX XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 165 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

$563,493

Municipal exemptions

Recent tax assessments

Market value

$15,420,000

Assessed value

$6,939,000

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	$16,799,000	$7,559,550	$5,769,540	10.848%	$625,880	$488,010	+16.42%
2024/25	$12,214,000	$5,496,300	$5,496,300	10.762%	$591,512	$419,175	+1.38%
2023/24	$12,290,000	$5,530,500	$5,530,500	10.592%	$585,791	$413,453	-25.50%
2022/23	$11,584,000	$5,212,800	$5,212,800	10.646%	$554,955	$554,955	+2.21%
2021/22	$11,219,000	$5,048,550	$5,048,550	10.755%	$542,972	$542,972	-8.92%
2020/21	$14,827,000	$6,672,150	$5,574,851	10.694%	$596,175	$596,175	+9.08%
2019/20	$14,880,000	$6,696,000	$5,186,882	10.537%	$546,542	$546,542	+90.56%
2018/19	$6,062,000	$2,727,900	$2,727,900	10.514%	$286,811	$286,811	-5.45%
2017/18	$6,590,000	$2,965,500	$2,885,050	10.514%	$303,334	$303,334	+0.42%
2016/17	$6,504,000	$2,926,800	$2,856,710	10.574%	$302,069	$302,069	+8.72%

Permits

Permit information for 165 Mercer Street, New York, NY

Filing date	Job type	Job status	Job description	Initial cost
04/28/2026	Alteration
04/28/2026	Alteration
09/10/2025	Alteration
09/10/2025	Alteration
09/25/2024	Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	04/23/2021	E-elevator elevatorrequired
	10/22/2020	E-elevator
	02/21/2018	Aeuhaz1-fail to certify class 1

*Most recent DOB violations on record 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 & Prince St at NW Corner

Station lines

N-R

Distance (miles)

0.083

View subway map

Access the detailed traffic volume map for 165 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

Nearby ZIP codes for 165 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 165 Mercer Street, New York, NY 10012?

The development at 165 Mercer Street, New York, NY 10012 was built in 1870.

What is the market value of 165 Mercer Street, New York, NY 10012?

The current market value of 165 Mercer Street, New York, NY 10012 is $15,420,000.

What is the total square footage of 165 Mercer Street, New York, NY 10012?

165 Mercer Street, New York, NY 10012 has a total of 30,020 square feet.

What is the price per square foot for this property?

$1,332 per square foot is the price for 165 Mercer Street, New York, NY 10012.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 7.

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.