35 Mercer Street
35 Mercer Street, New York, NY 10013
SoHo
BBL 1002300030 · BIN 1002997
- Year built
- 1867
- Type
- Cooperative
- Units
- 6
- Floors
- 5
- Landmark
- Designated
Every recorded sale at this building, 2004–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 3BR median
- $4.4M
- Recent range
- $4M – $4.8M
- Listing discount
- 0.0%
- Recorded transfers
- 9
Six apartments. That is the whole building, above a full-footprint store on the corner of Grand and Mercer. The structure went up in 1867 for Amos Eno — a stone front over a cast-iron ground-floor base, five stories of merchandise loft in the district that would eventually be designated the SoHo-Cast Iron Historic District. LPC's building database records no architect, which is common for speculative store-and-loft work of the 1860s and which means this page carries no architect attribution rather than a guess.
The date that actually distinguishes the building is 1970. That November, title passed to Grand & Mercer St Corp — the cooperative that still owns it. SoHo's artist-loft movement was then barely legal; the city's artist-in-residence framework was in its infancy and the Loft Law was still twelve years away. A tenant corporation buying its building outright in 1970 put this cooperative a full decade ahead of most SoHo conversions, and it explains why the building never passed through Loft Board jurisdiction: there was nothing interim about it. A J-51 abatement followed in 1978, twelve years at 90 percent against $137,600 of alteration work, and it burned off cleanly in tax year 1989. Nothing has replaced it, and shareholders have paid full unabated taxes for more than three decades.
The occupancy classification is Joint Living-Work Quarters for Artists, and it is current, not vestigial. A 2003 Alteration Type 1 recorded the change of occupancy for existing JLWQA space, and DOB NOW filings as recent as 2025 still describe individual apartments as joint live-work space. This is the single most consequential fact for a buyer here. JLWQA occupancy historically carried a certification requirement administered through the Department of Cultural Affairs, and it constrains who may lawfully occupy the apartment. The December 2021 SoHo-NoHo rezoning, which mapped this lot into the Special SoHo-NoHo Mixed Use District, created a pathway for converting JLWQA units to conventional residential use — but that pathway is a filing, not an automatic change, and whether this cooperative has pursued it is a question for the managing agent and your attorney, not an assumption to make from the zoning map.
The economics are shaped by the retail. A 4,188-square-foot corner store on Grand Street, owned by the cooperative and leased to a national fashion retailer, is spread across six apartments. That is a favorable ratio and it holds maintenance down; it also means one lease governs a large share of the building's income.
Architecture and unit composition
The lot fronts 35 feet on Mercer and runs nearly 120 feet west along Grand, which gives the apartments a long corner elevation and windows on two streets. Market records describe ceilings around twelve feet, fluted cast-iron columns, exposed brick and hardwood floors — the standard vocabulary of an 1860s SoHo loft that has been lived in rather than gutted to a new-development finish. Recorded share transfers show apartment designations across floors two through five, including East and West lines on the middle floors and a full plate at the top; the six-apartment count means most residents occupy a full or half floor.
Renovation history in the building runs unit-by-unit through the DOB record: apartment work in 2004, 2007, 2010, 2020, and a substantial 2022 renovation of the third-floor live-work space followed by a 2024–2025 renovation on the second floor. Building-wide work appears in 2004 (sprinkler extension cellar through fifth floor, boiler replacement, HVAC modifications), 2005 (hot water and boiler work), 2006 (elevator shaft and bulkhead repair, entrance door replacement) and 2004 again for a 165-foot sidewalk shed during façade pointing on both street frontages.
Building operations
There is no doorman and no staff program to speak of. The building runs on a managing agent, a keyed elevator, a common roof deck, a bike room and private storage. Capital posture should be read out of the audited financial statements rather than inferred; the visible DOB record shows a mechanical refresh cycle in the mid-2000s and façade pointing in 2004, which means the next Local Law 11 cycle and any elevator modernization are the questions worth asking. With six shareholders, an assessment lands hard, and the retail lease is the counterweight — its rent, term and renewal date belong in your diligence.
Policy framework
Ownership form: Cooperative. Purchase is a share transfer with a proprietary lease, a full board package and an interview.
Occupancy: JLWQA. This is a genuine restriction on use and occupancy, not a formality, and it should be reviewed with counsel against your intended use of the apartment.
Everything else is unpublished. We could not verify a flip tax, a financing ceiling, a post-closing liquidity requirement, a sublet policy, a pied-à-terre position, or a trust or LLC policy for this cooperative from any source we are prepared to stand behind. Request them in writing from the managing agent before making an offer.
Local Law 97
This building is below the 25,000 sq ft threshold at which LL97 emissions caps apply. No regulatory capital pressure from this law specifically, current or 2030.
See full Local Law 97 analysis →Recent sales
This is full-floor and half-floor SoHo loft product in a landmarked cast-iron-district building, and it prices accordingly — on ceiling height, corner light, condition and the absence of carrying costs that a serviced building would impose. Share transfers on this lot span roughly two decades and cover most of the six apartments, some more than once, so there is an internal comparable set; with six units, a single trade moves the building's apparent average, and pricing here is a line-by-line and condition-by-condition exercise rather than a building-average one. The right comparable set is small SoHo loft cooperatives, not the district's converted loft condominiums, whose policy framework and buyer pool are structurally different. Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.
Recent transfers at this building, curated by The Roebling Team research desk. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Mar 10, 2026 | 3W | 3 BR · 2 BA | $4,010,000 | +0.4% | |
| Jan 10, 2025 | 3E | 3 BR · 2 BA | $4,750,000 | +0.0% | |
| Jul 19, 2021 | 3E | 2 BR · 2 BA · 1,700 sf | $3,450,000 | $2,029/sf | +0.0% |
| Jun 11, 2021 | 2E | 2 BR · 2 BA | $2,895,000 | +0.0% |
Market read. $/sf is measured on the latest sales with reliable square footage (2021): a median $2,029/sf across 1 sale. The building has traded as recently as 2026. Median listing discount 0.0% from the last ask.
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 1-00230-0030) 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
Resolve the JLWQA question first. The occupancy is live and appears in DOB filings through 2025. Ask the managing agent whether the cooperative has filed to convert units to conventional residential use under the 2021 SoHo-NoHo rezoning, and have your attorney confirm what the current certificate of occupancy actually says before you sign a contract. This is the diligence item most likely to affect financing and resale.
Get the policy stack in writing. Flip tax, financing ceiling, post-closing liquidity, sublet policy, pied-à-terre position, trust and LLC treatment — none of it is published for this building. In a six-shareholder cooperative the board's practice is the policy. Run the Co-op Board Qualification Calculator once you have a real number.
Underwrite full unabated taxes. The J-51 that ran from 1978 burned off in 1989. There is no abatement, and nothing about the building's tax posture is going to improve.
Read the retail lease. One store carries a meaningful share of the building's income across six apartments. Term, rent and renewal are numbers you should have before you price the apartment.
Landmark review applies to the exterior. SoHo-Cast Iron Historic District designation governs windows, storefront and any rooftop work in addition to DOB approval. Budget the time as well as the cost.
What to know if you’re selling
Present the JLWQA position rather than letting it surface late. A buyer's attorney will find it. Sellers who arrive with the certificate of occupancy, the current occupancy position and the board's stance on the SoHo-NoHo conversion pathway close cleaner and faster than sellers who do not.
Lead with the corner and the ceiling height. Two street frontages, roughly twelve-foot ceilings, cast-iron columns and an 1867 designated envelope are the building's durable arguments — none of them depend on services the building does not have.
Price against small SoHo co-ops. The converted loft condominiums nearby operate under a different policy framework and draw a different buyer. Comparing against them will mis-price the apartment in either direction.
Comparable buildings
If you're considering 35 Mercer Street, also evaluate:
- 93 Mercer Street — small SoHo loft cooperative on the same street; the closest peer on ownership form and scale
- 33 Greene Street — cast-iron-district loft co-op a block west
- 45 Crosby Street — boutique SoHo loft cooperative with comparable staffing posture
- 16 Crosby Street — small SoHo co-op; similar unit-count economics
- 477 Broome Street — SoHo loft cooperative in the designated district
- 106 Spring Street — small SoHo co-op with retail below
- 14-16 Wooster Street — loft cooperative of similar vintage and scale
- 15 Mercer Street — on this same tax block (block 230); the loft condominium alternative
- 10 Greene Street — also block 230; converted loft condominium with a different policy framework
- 22 Mercer Street — block 231, one block south; boutique Mercer Street condominium
- 74 Grand Street — the nearest Grand Street loft alternative
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across Greenwich Village — read The Roebling Team Guide to Greenwich Village.
The full playbook — what goes in the package, how boards read your financials, the interview, and the timeline — plus sample cover, reference, and personal letters you can adapt.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent.
Considering a move at 35 Mercer Street?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 35 Mercer Street would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.