Buy with Yoreevo
$5,305,500
List Price: $5,400,000
Share Listing
Save Listing
110 Mercer Street #4
Coop in Soho •  building info
1bd • 2ba
Buy with Yoreevo

$5,305,500

List Price

$5,400,000

Key Details
Days on market
3
Last price change
loading...
Estimated payment
$26,401/mo
Taxes
Included in maintenance fees
Maintenance
$500/mo
Description
Owning this income producing co-op loft is an investment opportunity that does not come along often. Shareholders are paid very sizeable monthly distributions based on rental income from the building retail property they own. Maintenance for this floor is $500 per month. There is no building mortgage, no assessments and no flip tax. Live in the heart of the historic SoHo Cast Iron district on lovely cobblestone Mercer Street between Prince and Spring streets. This five story circa 1868 cast iron building was converted in 1975 by a group of artists. Cast Iron Court Corporation is professionally managed. Pets are allowed. Enter the 4th floor by a key-locked elevator to a spacious open living space with 11'+ ceilings, and walls of oversized windows and vast wall space for your art collection. Ownership of two private storage rooms totaling over 600sf is included in the sale. A multi-use room with a wall of tall storage cabinetry and a wall of windows is adjacent to the living area with tall steel sliding doors providing privacy. If you love to entertain this is the home for you with a very spacious open living area. The chef's kitchen boasts stainless steel appliances including a large Wolf range, large side-by-side fridge/freezer, wine fridge, dishwasher, two sink areas and a dining center island. There is an abundance of storage. A closet with full size washer and dryer is just off the kitchen area. Just past the kitchen you will find a serene and beautifully designed guest bath with a glass enclosed walk-in shower. There is also a freestanding wall of storage facing the guest bath. As you enter the primary suite just past the guest bathroom you are greeted with a large room that can be used in various ways. A freestanding wall is currently used for storage in addition to a wall of ceiling to floor custom designed closets. There are two oversized windows. Tall sliding steel doors provide privacy. As you enter the spa-like bath you will find a sculptural deep soaking tub and a very sizeable tall walk-in glass enclosed shower with multiple sprayers for relaxation. The long vanity has double sinks and excellent storage. SoHo is loved by many for the beautiful historic architecture. There are many wonderful restaurants, art galleries and boutique shopping.

Hide full description

Important Stuff
Elevator
Washer/Dryer in unit
Unit features
View

City

Building amenities
Services and facilities
Fios Available
Building info

History
What it'll cost
Purchase price
$5,400,000
Asking Price: $5,400,000
Term
30 Years
Down Payment
$1,080,000 (20%)
Min: 20% (1,080,000)
Rate
6.0 %
Mortgage Amount
$4,320,000
Mortgage Payment
$25,901
Maintenance
$500
Estimated Yoreevo rebate
$94,500
Estimated closing cost
$129,000
Total monthly cost $26,401
Buy your dream home with us and get an estimated $94,500 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Brown Harris Stevens

IDX information is provided exclusively for consumers' personal, noncommercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 REBNY listing service, Inc all rights reserved.

RLS IDX Data display by Yoreevo.