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131 Mercer Street, New York, NY 10012 Property Information

131 Mercer Street, New York, NY 10012 Property Information

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

Building name The Site BLDG Condo
Primary address 131 Mercer Street
Secondary address 127-131 Mercer St
Neighborhood SoHo
Zip code 10012
Borough Manhattan
Block & lot 00499-1011

Sales & Tax Overview for 131 Mercer Street, New York

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

Purchase date 05/14/2025
Purchase price $3,425,000
Tax class
Estimated property tax $21,278

Lot & Building Information for 131 Mercer Street, New York

Lot sqft 5,000
Building class Condo - Residential Unit in Elevator Building (R4) i
Building sqft 2,049
Buildings on lot 1
Stories 6
Structure type Condo unit
Year built 1881
Year last altered 1982
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Zoning & Use for 131 Mercer Street, New York

Residential units (DOF) 1

Area Overview

Walk Score
100 /100. Walker's Paradise
Transit Score
100 /100. Rider's Paradise
Bike Score
92 /100. Biker's Paradise

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

Other Property Data for 131 Mercer Street, New York

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Floor area ratio (FAR) for 131 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 131 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.

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

About 131 Mercer Street, New York

What is the year built & the total sq. ft. for 131 Mercer Street, New York, NY 10012?

131 Mercer Street, New York, NY 10012 was built in 1881 and has a total of 2,049 square feet.

What is the assessed value of 131 Mercer Street, New York, NY 10012 and the property tax paid?

Assessed at $233,221, the tax amount paid for 131 Mercer Street, New York, NY 10012 is $19,606. For the next year, the tax amount for 131 Mercer Street, New York, NY 10012 is estimated at $21,278.

When was 131 Mercer Street, New York, NY 10012 last sold and what was the last sale price?

131 Mercer Street, New York, NY 10012 was last sold in 05/14/2025 for $3,425,000.

How many residential units does this building have?

This building has 1 residential unit(s).

Ownership Information for 131 Mercer Street, New York

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Property owner name for 131 Mercer Street, New York, NY 10012
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Building contacts for 131 Mercer Street, New York, NY 10012
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 131 Mercer Street, New York

Create a free account to view the complete sales history for 131 Mercer Street, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
05/14/2025 $3,425,000

Title Documents for 131 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
05/16/2025 - D
05/19/2025 - R		 Satisfaction of Mortgage
(2025051900102001)
05/14/2025 - D
05/28/2025 - R		 Power of Attorney
(2025052700976001)
05/14/2025 - D
05/27/2025 - R		 Mortgage
(2025052700493002)
05/14/2025 - D
05/27/2025 - R		 Deed
(2025052700493001)
05/02/2012 - D
05/17/2012 - R		 Satisfaction of Mortgage
(2012050700110001)
10/03/2007 - D
03/03/2008 - R		 Amended Condo Declaration
(2008022500823001)
01/04/2002 - R Mortgage
(1360007945336)
01/04/2002 - R Agreement
(1300007944830)
01/04/2002 - R Assignment, Mortgage
(1240007944824)
10/16/2001 - R Assignment, Mortgage
(1230007848923)
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R: Recorded date
D: Document date

Property Taxes for 131 Mercer Street, New York

Access detailed property tax data for The Site BLDG Condo - 131 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: $16,261
Estimated property tax: $21,278
Tax assessor's market value: $518,269
Assessed value: $233,221
Exemptions granted by city:

More about New York City Property Taxes

Assessment History for 131 Mercer Street, New York

Here's the assessment & property tax history for 131 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 $518,269 $233,221 $157,618 12.439% $22,578 $16,244 +10.54%
2024/25 $410,315 $184,642 $142,508 12.5% $20,782 $14,696 +5.99%
2023/24 $409,109 $184,099 $133,888 12.502% $19,729 $13,864 -9.22%
2022/23 $367,953 $165,579 $124,506 12.267% $18,216 $15,273 +7.11%
2021/22 $311,122 $140,005 $116,544 12.235% $17,130 $14,259 -1.91%
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Permits for 131 Mercer Street, New York

The complete history of permits filed for 131 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.

No recorded permits for this property.

SoHo Residential Market Stats

Access a detailed real estate market overview of SoHo so you can assess current trends, home values, types of properties sold and transaction volume.
View the median home sale price in SoHo and compare it to other neighborhoods in Manhattan.

Median Sale Price
$3,700,000
45.1% YoY
Median Price/Sqft
$2,092
16.9% YoY
Manhattan Median Sale Price
$1,100,000
1.9% 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

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
St. Anthonys School NR No Private 0 0.29
Elisabeth Irwin High School NR No Private PK-12 650 0.35
Elisabeth Irwin High School NR No Private PK-12 650 0.35
LREI Lower and Middle School NR No Private PK-12 0 0.37
LREI Lower and Middle School NR No Private PK-12 0 0.37
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Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
St. Anthonys School NR No Private 0 0.29
Elisabeth Irwin High School NR No Private PK-12 650 0.35
LREI Lower and Middle School NR No Private PK-12 0 0.37
Nativity Mission School NR No Private 8 16 0.48
Great Oaks Charter School 6 No Charter 6-8 293 0.48
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Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Chelsea Career And Technical Education High School 5 No Public 9-12 413 0.29
St. Anthonys School NR No Private 0 0.29
Broome Street Academy Charter High School 2 No Charter 9-12 270 0.31
NYC iSchool 8 No Public 9-12 454 0.31
Elisabeth Irwin High School NR No Private PK-12 650 0.35
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Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 131 Mercer Street, New York

Here are the neighbors for The Site BLDG Condo - 131 Mercer Street, 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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