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Mercer Street Residence - 246 Mercer Street, New York, NY 10012 Property Information

Also known as: 240 Mercer St, New York, NY 10012

Mercer Street Residence - 246 Mercer Street, New York, NY 10012 Property Information

Also known as: 240 Mercer St, New York, NY 10012

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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Mercer Street Residence - 246 Mercer Street, New York, NY 10012 4
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Address

Building name Mercer Street Residence
Primary address Mercer Street Residence - 246 Mercer Street
Secondary address 667-681 Broadway
Neighborhood Greenwich Village
Zip code 10012
Borough Manhattan
Block & lot 00532-0008

Sales & Tax Overview for 246 Mercer Street, New York

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Tax class

Lot & Building Information for 246 Mercer Street, New York

Lot sqft 40,000
Lot dimensions 200 ft x 200 ft
Building class Dormitory (H8) i
Building sqft 307,312
Building dimensions 172 ft x 174 ft
Buildings on lot 2
Stories 20
Year built 1980
Construction type
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Zoning & Use for 246 Mercer Street, New York

Zoning
Residential units (DOF) 715

Area Overview

Walk Score
Transit Score
Bike Score


School district 2
Community district 2
Closest police station 0.38 Miles
Closest fire station 0.14 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 246 Mercer Street, New York

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for Mercer Street Residence - 246 Mercer Street, New York, NY 10012, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for Mercer Street Residence - 246 Mercer Street, New York, NY 10012, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 667-681 Broadway, New York, NY 10012
  • 232 Mercer St, New York, NY 10012
  • 234-246 Mercer St, New York, NY 10012

About 246 Mercer Street, New York

What is the year built & the total sq. ft. for Mercer Street Residence - 246 Mercer Street, New York, NY 10012?

Mercer Street Residence - 246 Mercer Street, New York, NY 10012 was built in 1980 and has a total of 307,312 square feet.

What is the assessed value of Mercer Street Residence - 246 Mercer Street, New York, NY 10012?

The assessed market value for the current tax year is $27,957,150.

When was Mercer Street Residence - 246 Mercer Street, New York, NY 10012 last sold?

Mercer Street Residence - 246 Mercer Street, New York, NY 10012 was last sold in 01/19/1979.

How many residential units does this building have?

This building has 715 residential unit(s).

Ownership Information for 246 Mercer Street, New York

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Property owner name for Mercer Street Residence - 246 Mercer Street, New York, NY 10012
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Building contacts for Mercer Street Residence - 246 Mercer Street, New York, NY 10012
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
Eliza Theiss, Mar 19, 2026 Cheaper in the City? Nearly 100 Communities in Suburban NYC Surpass $1M
New Yorkers planning a move to the suburbs increasingly find their options limited, after suburban home values shot up twice as fast as NYC medians over the last decade. While larger homes and better prices were long the norm outside the five boroughs, today, many NYC buyers find their option restricted to a handful of suburban markets.
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Past Sales & Property History for 246 Mercer Street, New York

Create a free account to view the complete sales history for 246 Mercer Street, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

No recorded sales for this property.

Title Documents for 246 Mercer Street, New York

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
07/12/2021 - D
07/16/2021 - R
Landmark Designation
(2021071200713001)
06/21/2011 - D
11/03/2011 - R
Agreement
(2011092600406001)
07/22/2008 - D
08/13/2008 - R
Agreement
(2008072901216001)
05/14/2003 - D
08/03/2004 - R
Satisfaction of Mortgage
(2004070701584001)
07/16/1997 - R Agreement
(1090005685909)
12/06/1993 - R Agreement
(1360000450736)
02/07/1989 - R Uniform Commercial Code 3
(1080000526308)
12/03/1982 - R Assignment, Mortgage
(1340000019434)
09/28/1982 - R Assignment, Mortgage
(1660000015366)
06/27/1979 - R Agreement
(1970008608897)
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R: Recorded date
D: Document date

Property Taxes for 246 Mercer Street, New York

Access detailed property tax data for Mercer Street Residence - Mercer Street Residence - 246 Mercer Street, New York, NY 10012. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $0
Tax assessor's market value: $62,127,000
Assessed value: $27,957,150
Exemptions granted by city:

Assessment History for 246 Mercer Street, New York

Here's the assessment & property tax history for 246 Mercer Street, New York, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year change
2025/26 $62,127,000 $27,957,150 $0 10.848% $2,738,783 $0 n/a
2024/25 $60,329,000 $27,148,050 $0 10.762% $2,792,329 $0 n/a
2023/24 $55,311,000 $24,889,950 $0 10.592% $2,636,344 $0 n/a
2022/23 $52,608,000 $23,673,600 $0 10.646% $2,520,291 $0 n/a
2021/22 $50,146,000 $22,565,700 $0 10.755% $2,426,941 $0 n/a

Permits for 246 Mercer Street, New York

The complete history of permits filed for 246 Mercer Street, New York, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Filing date Job type Job status Job description Initial cost
07/28/2025 Alteration
06/24/2025 Alteration
06/24/2025 Alteration
06/24/2025 Alteration
06/24/2025 Alteration
05/19/2025 Alteration
04/10/2025 Alteration
10/18/2023 Alteration
09/28/2023 Alteration
07/15/2023 Alteration
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Manhattan Commercial Market Stats

Access a detailed real estate market overview of Manhattan so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Manhattan and compare it to other boroughs in New York City.

Median Price/Sqft Q3/2025
$611
-10.5% YoY
Median Price/Sqft Q2/2025
$625
5.3% YoY
Median Price/Sqft 2024
$620
-4.2% YoY

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

Risk

FEMA flood zone(s): X (See more on map)

Transportation

Distance to Subway
Closest station Lafayette St & Bleecker St at NW Corner
Station lines B-D-F-M-6
Distance (miles) 0.12
View subway map
Bus Routes
Name Broadway/W 3 St
Line M55
Distance (miles) 0.022

Neighbors for 246 Mercer Street, New York

Here are the neighbors for Mercer Street Residence - Mercer Street Residence - 246 Mercer Street, New York, NY 10012.

Address Square feet Purchase date Purchase price
382 Lafayette St, New York 21,850
89 Bleecker St, New York 26,382 07/08/2004
350 Bowery, New York 6,390 10/31/2025
77 Bleecker St, New York 196,920 05/29/2015 $20,900,000
40 Great Jones St, New York 13,276 08/20/1974
46 Great Jones St, New York 15,160 11/27/1970
48 Great Jones St, New York 36,390 07/09/1975
645 Broadway, New York 8,525 10/04/1996
543-551 Laguardia Pl, New York 32,700 07/12/1968
30 Great Jones St, New York 09/06/2007 $12,600,000
348 Bowery, New York 1,158 10/31/2025
1 Washington Sq Vllge, New York 1,485,916 07/10/1969
70 Washington Sq S, New York 470,400 10/15/2003
54 Great Jones St, New York 3,176 04/04/2013
647 Broadway, New York 10,600 10/04/1996
40 W 4th St, New York 305,900 10/15/2003
14 E 4th St, New York 182,605
42 Great Jones St, New York 13,308
665 Broadway, New York 159,987 07/01/2025
643 Broadway, New York 11,250 04/13/2010
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