Cooperative · 1900
Snug Harbor
303 Mercer Street, New York, NY 10003

Snug Harbor (303 Mercer Street)

303 Mercer Street, New York, NY 10003

At a glance
Year built
1900
Type
Cooperative
Units
63
Floors
6
Landmark
No
Pets
Cats and dogs permitted (board approval applies)
Subletting
Cooperative sublet rules apply; confirm current terms at offer stage
The Data Room

Every recorded sale at this building, 2003–2026

Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.

Median $/sf
$1,626
Listing discount
3.7%
Recorded sales
62
On record
2003–2026

Snug Harbor is a prewar industrial loft cooperative on Mercer Street, one block from the NoHo Historic District and steps from Astor Place, Washington Square, and the NYU campus. Despite that NYU adjacency — and its appearance as a study parcel in university planning documents — it is a privately owned cooperative, not faculty housing or institutional property. Apartments here are owned by individuals and trade on the open market.

The building is unusual in form: a three-building complex of turn-of-the-century industrial structures joined around a central planted courtyard, converted to residential lofts in 1983. The former occupant was a garment-era manufacturer, and the conversion preserved the bones — 13-foot-plus ceilings, exposed cast-iron columns, and the deep, light-filled floor plates of a true loft building.

For buyers, the appeal is authentic loft scale with full-service operations — a doorman and a live-in resident manager — and a central garden courtyard, all at a cooperative price basis, in one of the most walkable corners of the Village.

Architecture and unit composition

Snug Harbor's 63 residences occupy three connected six-story buildings (the "A" and "B" unit lines) wrapped around a planted central courtyard. The lofts carry the proportions the architecture promises: high ceilings, exposed cast-iron columns, and large open floor plans. One practical note for buyers: two of the three buildings have elevators while the third is a walk-up, so elevator access varies by unit line — confirm for any specific apartment.

Building operations

The building operates as a full-service loft cooperative with a full-time doorman, a live-in resident manager, the central courtyard garden, central laundry, and bike storage. There is no building gym, no roof deck, and no on-site parking — the amenity story here is the staffing and the garden, not a large amenity suite.

As with any cooperative, buyers should review the building's financial statements, the most recent reserve study, board minutes, and any planned assessments or capital projects during due diligence. The board's financing, sublet, and any flip-tax policies are variable and should be confirmed at offer stage. Confirm elevator access for the specific unit line during diligence.

Recent sales

As a cooperative, Snug Harbor prices on a per-room and per-share basis rather than per square foot. Recent recorded sales have run roughly from $1.0 million to $2.5 million — recent data points include apartments trading around $2.0 million, $2.2 million, and $2.3 million, with one-bedrooms listed in the low-$1 millions. Loft scale, ceiling height, courtyard versus street exposure, elevator access, maintenance, and renovation level drive most of the spread between comparable units. Specific figures should be confirmed against current recorded transfers at offer stage.

Recent transfers at this building, curated by The Roebling Team research desk. Apartment-level facts are independently verified before publishing; sale prices reflect the recorded transfer amount at the NYC Department of Finance.

DateUnitApartmentPricePPSFvs. Ask
Jan 26, 2026A601
1 BR · 1.5 BA
$1,300,000-3.7%
Jun 11, 2025A406
1 BR · 1 BA
$1,075,000-1.8%
Feb 4, 2025A104
2 BR · 2 BA
$1,820,000-5.5%
Jul 10, 2024B302
2 BR · 1.5 BA
$1,560,000+0.6%
May 7, 2024A304
2 BR · 2 BA · 1,350 sf
$2,195,000$1,626/sf-13.1%
Dec 20, 2023B601
1 BR · 1 BA
$2,000,000-11.1%
Dec 13, 2023A305
2 BR · 2 BA · 1,200 sf
$1,900,000$1,583/sf-17.0%
Jul 26, 2021A102
2 BR · 2 BA
$1,550,000-3.1%

Market read. Most recent trades (2024) cleared a median $1,626/sf across 1 sale. Median listing discount 3.7% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.

The retrade record

Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.

B102 · 2,287 sf+155%
$1,450,000 ($634/sf) 2005$2,575,000 ($1,126/sf) 2008$3,365,000 ($1,471/sf) 2014$3,699,000 ($1,617/sf) 2019
A503 · 1,300 sf+120%
$1,250,000 ($962/sf) 2003$1,250,000 ($962/sf) 2009$2,600,000 ($2,000/sf) 2018$2,750,000 ($2,115/sf) 2021
A305 · 1,200 sf+100%
$950,000 ($792/sf) 2005$1,900,000 ($1,583/sf) 2023
B203 · 1,800 sf+94%
$1,710,000 ($950/sf) 2011$3,325,000 ($1,847/sf) 2017
A406 · 725 sf+72%
$625,000 ($862/sf) 2010$1,030,000 ($1,421/sf) 2016$1,075,000 ($1,483/sf) 2025

Other recent transfers

DateUnitPrice
Jun 10, 2024B204$2,300,000
May 7, 2024A304/404$2,195,000
Jul 27, 2021A503$2,750,000
Mar 12, 2021B302$1,399,000
Jul 15, 2019B102$3,699,000
Mar 21, 2017B201$3,325,000
View all 62 recorded transfers, sortable

Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.

Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00548-0024) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage on co-ops is not officially recorded, figures shown are approximate.

What to know if you’re buying

It's a private co-op, not NYU housing. Despite the campus adjacency, this is privately owned cooperative ownership on the open market — make sure that's clear in your search.

Confirm elevator access for the specific apartment. Two of the three buildings have elevators and one is a walk-up. Verify which line a target unit is on.

You're buying authentic loft scale. High ceilings, cast-iron columns, and deep floor plates are the draw. Weigh that against the lighter amenity package (no gym, no roof deck, no parking).

It's a co-op — expect a board. Purchases require board approval and a financial package; the board sets the minimum down payment, sublet rules, and any flip tax. Confirm those at offer stage.

What to know if you’re selling

Lead with the loft authenticity and the courtyard. Ceiling height, cast iron, and the central garden are the differentiators against conventional apartment co-ops in the area.

Be precise about elevator access. State clearly whether the unit is in an elevator building or the walk-up — buyers will ask.

Price by loft scale and condition. Comparable co-op sales here turn on square footage, ceiling height, exposure, and renovation level.

Comparable buildings

If you're considering Snug Harbor, also evaluate:

The Roebling Team at Snug Harbor

The Roebling Team at Compass works across the Greenwich Village, NoHo, and Astor Place cooperative and loft market. We publish this profile because co-op buyers and sellers deserve building-specific intelligence — operations, board reality, and pricing read at the apartment level — not generic market commentary.

If you're considering a purchase or sale at Snug Harbor, a 30-minute consultation is the right starting point. We'll bring the full context this page provides plus the transactional specifics your situation requires, including board-package strategy and comparable analysis.

The neighborhood

For the full corridor — architecture, schools, transit, and pricing across Greenwich Village — read The Roebling Team Guide to Greenwich Village.

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Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com