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$1,965,683
List Price: $1,999,000
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11 Mercer Street #STORAGEC
Condo in Soho •  building info
studio • 0.5ba • 3,850ft² $519 per ft²
Buy with Yoreevo

$1,965,683

List Price

$1,999,000

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James McGrath
(212) 365-0151 • 
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Key Details
Days on market
33
Last price change
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Estimated payment
$13,060
Taxes
$988
Monthly common charges
$700
Description
11 Mercer Street, Commercial UNIT C Located Between Grand and Howard Streets This is a 3,850 ft Basement Space currently zoned for STORAGE USE ONLY. Opportunity to combine with Ground Floor Retail 3,984 ft space (sold separately) If combined with the Ground Floor retail Condominium, the zoning could be potentially changed to Retail. Size: 3850 Square Feet +- Building Type: Condominium Block/Lot: 230-1051 Unit Dimensions: 71 deep X 54 wide approximate Description: Large, windowed Basement Condominium Unit, zoned for Storage Use only. 9 Ceilings. 6 very large windows with West exposures into a courtyard. There is an existing 50' WIDE skylight (currently covered) in need of restoration. Sidewalk Elevator with access to the basement. Sidewalk Grate Doors. Stairwell access via Lobby. Extraordinary 3,850 ft lower level storage unit nestled in the heart of Soho at 11 Mercer Street. Boasting a captivating [and currently covered] skylight, this condo storage unit offers direct elevator access through the common area and endless possibilities. The enhanced images showcase a pristine white box condition complete with existing partitions. The space can be completely opened, revealing its stunning exposed supporting beams. Unique opportunity to combine this storage unit with the 3,984 ft Ground Floor Retail unit sold separately at $7.5M. Create of an awe-inspiring split level showroom with a selling basement, establishing an exceptional retail space in the heart of Prime Soho. Don't miss out on this chance to curate an extraordinary retail experience in one of the most sought-after locations in Soho. On an archetypal Soho cobblestone block, in the very heart of the Soho Cast Iron Historic District, and at the junction of Howard and Mercer Streets, is one of the only genuine & original Cast Iron Condominium Lofts left in existence.

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Important Stuff
Elevator
Pets allowed
History
What it'll cost
Purchase price
$1,999,000
Asking Price: $1,999,000
Term
30 Years
Down Payment
$199,000 (10%)
Min: 10% (199,000)
Rate
6.5 %
Mortgage Amount
$1,799,100
Mortgage Payment
$11,372
Common Charges
$700
Taxes
$988
Estimated Yoreevo rebate
$33,317
Estimated closing cost
$71,000
Total monthly cost $13,060
Buy your dream home with us and get an estimated
$33,317 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Compass

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