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25 Mercer St #Penthouse, New York, NY, 10013

4beds
5baths
4,350sqft
$18,995,000
$4,367price/sqft
$111,252/moest. monthly cost
$4,450,080/yrincome needed

About This Home

Welcome to the Penthouse at 25 Mercer. This one-of-a-kind Soho loft comprises the top two floors and roof of this classic pre-war building in the heart of the Soho Cast Iron Historic District. No detail was overlooked when designing this grand four bedroom, four and a half bathroom, 4,350 square feet home with an impressive 2,620 square feet of private outdoor roof terrace. This trophy asset is a true masterpiece. Direct elevator entry opens to a private foyer welcoming you into an expansive living space with dramatic 13-foot ceilings, impressive dining area with linear fireplace and dramatic living room with a sweeping glass staircase. The refined chef’s kitchen is designed with sophisticated clean lines, marble island, integrated Gaggenau appliances, vented hood, custom cabinetry, Dornbracht fixtures and a beautiful skylight. Adjacent to the kitchen is a glass encased wine room designed for the most discerning wine connoisseur – a piece of art in itself! A beautiful powder room is off the living space, designed with Vola faucets, heated floors, integrated lighting, and an imported underlit onyx vanity. Also on the main level, the primary suite is a luxurious sanctuary complete its own media room, two custom dressing rooms, and an elegant marble bath with soaking tub, Vola faucets, double vanity, Toto toilet, radiant heated flooring and a double shower. The lower level includes three guest or family suites, a lounge/den, laundry room with dry cleaning closet and storage. Each bedroom suite is complete with an en-suite bathroom designed to evoke meditative relaxation. The showstopper of this Penthouse is the rooftop terrace, the ultimate space for entertaining or just enjoying an evening taking in New York City under the stars. Dedicated entirely to dueling terraces, which include an integrated fireplace, outdoor kitchen, outdoor TV, multiple private outdoor seating and dining areas, and 360-degree views of downtown Manhattan. This palatial loft is clad with wide plank white oak hardwood floors, imported natural stone, and marble throughout. Other features of the unit include multi-zone central A/C new dedicated boiler & mechanicals, and a utility room with a washer and dryer. Fully equipped as a smart home, you can digitally control all tech elements from an iPad, iPhone or other mobile device. Built in 1867, 25 Mercer represents the architectural beauty of New York’s elegant Gilded Age. Five exclusive residences, ranging from a townhouse, to lofts, to a penthouse, all offer a modern interpretation of the classic Soho loft building, which balance perfectly restored cast iron detailing with sophisticated modern design. Monitored by a 24/7 virtual doorman. Close to dining, cafes, fashion, parks & play, retail, and arts & culture, this building is one of the most desirable locations within the fabled SoHo Cast Iron Historic District.

Getting Around

99
WalkingWalker's Paradise
100
TransitRider's Paradise
94
BikeBiker's Paradise

Schools

6/10
Ps 3 Charrette SchoolGrades PK-50.8 mi
4/10
Middle 297Grades 6-80.8 mi

Construction

Condition

  • Year built: 2016

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Washer/Dryer

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Cooling

  • Cooling features: Central Air

Features

  • Flooring: Hardwood
  • Fireplace features: Gas
  • Fireplace: Yes

Interior Area

  • Total structure area: 4,350
  • Total interior livable area: 4,350 sqft

Property

Details

  • Special condition: Resale

Features

  • Patio & porch: Deck
  • Exterior features: Private Roof Deck
  • Has view: Yes
  • View description: City

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Inland Flooding
Heat Wave
Winter Weather
Tsunami

FEMA Declared Disasters in New York County and New York

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $96,049$1,152,588
Home Insurance *$3,247$38,964
Property Taxes $11,238$134,856
Electricity $718$8,626
Total$111,252$1,335,024
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$3,814,354/yr
40% on housing$3,337,560/yr
45% on housing$2,966,720/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 2.0%
2.0%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$4,367This listing

vs Other Active Listings

Avg $/sqft

ZIP 10013$2,300
New York County$1,487

vs Homes Sold Last Month

Median $/sqft

ZIP 10013$1,037
New York County$1,203

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-29Price change$65,000
2026-01-21Listed for rent$70,000
2026-01-20Listed for sale$18,995,000
2024-05-30Listing removed$18,495,000
2024-05-10Listing removed--
2024-04-02Listed for rent$59,000
2023-12-24Listing removed--
2023-11-18Listed for rent$59,000
2023-11-15Listing removed--
2023-08-02Listed for rent$65,000
2023-06-10Listing removed--
2023-03-07Listed for rent$75,000
2023-01-30Listing removed--
2023-01-27Listed for sale$19,950,000
2017-03-17Sold$17,310,375

For Sale by Agent

AgentMichael Passaro
BrokerageDouglas Elliman

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