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127 Mercer Street #Com1, New York, NY 10012 Property Information

127 Mercer Street #Com1, New York, NY 10012 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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127 Mercer Street #Com1, New York, NY 10012 2
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Address

Building name The Site BLDG Condo
Primary address 127 Mercer Street #Com1
Secondary address 127-131 Mercer St
Neighborhood SoHo
Zip code 10012
Borough Manhattan
Block & lot 00499-1001

Sales & Tax Overview for 127 Mercer Street #Com1, New York

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

Tax class
Estimated property tax $329,355

Lot & Building Information for 127 Mercer Street #Com1, New York

Lot sq. ft. 5,000
Lot dimensions 50 ft x 100 ft
Property type Retail Space (RK)
Building sqft 6,533
Buildings on lot 1
Year built 1881
Year last altered 1982
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Zoning & Use for 127 Mercer Street #Com1, New York

Commercial units 1

Area Overview

Walk Score
Transit Score
Bike Score


School district 2
Community district 2
Closest police station 0.49 Miles
Closest fire station 0.15 Miles

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

Unit Overview

Unit # COM1
Square feet 6,533
Condo complex 100294

Other Property Data for 127 Mercer Street #Com1, 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 127 Mercer Street #Com1, 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 127 Mercer Street #Com1, 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.

  • 127-131 Mercer St, New York, NY 10012

About 127 Mercer Street #Com1, New York

How many square feet does 127 Mercer Street #Com1, New York, NY 10012 have?

This Retail Space (RK) located at 127 Mercer Street #Com1, New York, NY 10012 has a total of 6,533 square feet.

What is the year built & the current market value of 127 Mercer Street #Com1, New York, NY 10012?

127 Mercer Street #Com1, New York, NY 10012 was built in 1881 and has a current tax assessor's market value of $6,940,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 127 Mercer Street #Com1, New York

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Property owner name for 127 Mercer Street #Com1, New York, NY 10012
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Building contacts for 127 Mercer Street #Com1, New York, NY 10012
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Laura Pop-Badiu, Sep 10, 2025 How to Find Comps for Commercial Real Estate: A Step-by-Step GuideĀ 
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Past Sales & Property History for 127 Mercer Street #Com1, New York

Create a free account to view the complete sales history for 127 Mercer Street #Com1, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

No recorded sales for this property.

Title Documents for 127 Mercer Street #Com1, 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
12/11/2024 - D
02/19/2025 - R
Deed
(2025021801277001)
01/11/2018 - D
02/14/2018 - R
Amended Condo Declaration
(2018021300153001)
10/03/2007 - D
03/03/2008 - R
Amended Condo Declaration
(2008022500823001)
06/16/1988 - R Deed
(1930000252593)
06/16/1988 - R Power of Attorney
(1920000252592)
06/16/1988 - R Power of Attorney
(1910000252591)
07/22/1987 - R Sundry Agreement
(1780000202778)
05/21/1987 - R Deed
(1830000193183)
05/21/1987 - R Deed
(1800000193180)
05/21/1987 - R Release
(1790000193179)
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R: Recorded date
D: Document date

Property Taxes for 127 Mercer Street #Com1, New York

Access detailed property tax data for The Site BLDG Condo - 127 Mercer Street #Com1, 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: $317,849
Estimated property tax: $329,355
Tax assessor's market value: $6,940,000
Assessed value: $3,123,000

Assessment History for 127 Mercer Street #Com1, New York

Here's the assessment & property tax history for 127 Mercer Street #Com1, 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 $6,940,000 $3,123,000 $2,930,020 10.848% $317,849 $317,849 -8.06%
2024/25 $8,887,000 $3,999,150 $3,212,220 10.762% $345,699 $345,699 +0.59%
2023/24 $8,859,000 $3,986,550 $3,244,650 10.592% $343,673 $343,673 +1.86%
2022/23 $8,259,000 $3,716,550 $3,169,350 10.646% $337,409 $337,409 +26.34%
2021/22 $5,518,000 $2,483,100 $2,483,100 10.755% $267,057 $267,057 -14.09%

Permits for 127 Mercer Street #Com1, New York

The complete history of permits filed for 127 Mercer Street #Com1, 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.

No recorded permits for this property.

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 Q1/2026
$797
19.7% YoY
Median Price/Sqft Q4/2025
$606
-17.5% YoY
Median Price/Sqft 2025
$656
-5.9% YoY

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

Transportation

Distance to Subway
Closest station Broadway & Prince St at SW Corner
Station lines N-R
Distance (miles) 0.061
View subway map
Bus Routes
Name Broadway/Prince St
Line M55
Distance (miles) 0.06

Neighbors for 127 Mercer Street #Com1, New York

Here are the neighbors for The Site BLDG Condo - 127 Mercer Street #Com1, New York, NY 10012.

Address Square feet Purchase date Purchase price
198 Prince St, New York 4,040 05/29/2020 $4,500,000
79 Crosby St, New York 77,979 11/15/2001
183 Spring St, New York 825
122 Varick St, New York
210 Spring St, New York 16,200 07/02/1975
128 Wooster St, New York 3,750 09/29/2025 $10,500,000
129 Spring St, New York 5,480 12/27/2012
127 Greene St, New York 11,268 11/10/1999
248 Mulberry St, New York 4,140 02/26/2011
242 Mulberry St, New York 12,395 12/23/2020
47 Prince St, New York 4,570 03/21/2006
247 Mulberry St, New York 10,500 03/25/2019 $11,000,000
156 Prince St, New York 15,000 10/18/2012 $19,150,000
94 Prince St, New York 6,230 01/07/1983
29 Spring St, New York 4,962 08/07/1997
10 Vandam St, New York 09/02/2016
112 Greene St, New York 21,656 04/21/1998
100 Sullivan St, New York 33,750 05/17/1971
450 W Broadway, New York 6,050 02/17/2006 $9,952,456
122 Greene St, New York 5,055 10/01/2019
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