47 Mercer StreetRecorded sales & closing prices
47 Mercer Street, New York, NY 10013
8 recorded closings, 2003–2024. Sortable and searchable below.
- Recorded closings
- 8
- Date range
- 2003–2024
- Median $/sf
- $2,875
- Listing discount
- 8.8%
- Monthly carry/sf
- $1.32
- Price range
- $4.2M – $11.5M
Change in the building’s median $/sf over each window, from the raw yearly medians — too few standardized single-line units here to adjust to an average-floor basis, so which apartments happened to trade moves these alongside price. (2022 marks the rate-shock inflection.) Like-for-like repeat-sale figures to follow.
Five apartments produce one of the thinnest resale records in SoHo. The condominium was declared in 1997; the sponsor held several units for years afterward, and the full-floor lofts and the two penthouse floors have each changed hands only a small number of times since. Every recorded residential transfer since the declaration has been to a separate, unrelated purchaser — individuals, trusts and single-purpose entities — with no bulk transaction and no single owner controlling the building.
Pricing here is a per-square-foot conversation about full-floor cast-iron lofts, and the relevant comparable set is the small population of SoHo buildings that deliver an entire floor behind a landmarked front. New construction in the neighborhood, and subdivided conversions with corridors and multiple homes per floor, are different products with different buyers. The two penthouse floors carry private roof terraces of a size that is close to unrepeatable in the district, and they should be analyzed separately from the three full floors below. Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.
The complete recorded-sale history for The Grand Mercer, per brokerage and listing records; the sponsor entity of record was Grand Mercer LLC, compiled from NYC Department of Finance transfer records and verified listing data, then enriched apartment-by-apartment by The Roebling Team research desk. Across sales with a public asking price, the building carries a median listing discount of 8.8% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy here.
Price per square foot over time
7 sales with a known square footage, by closing date.
Recent closings
The building’s 7 most recent market sales.
| Date | Unit | Apartment | Price | $/sf | vs. Ask |
|---|---|---|---|---|---|
| Apr 1, 2024 | 2 | 3 BR · 2.5 BA · 4,000 sf | $11,500,000 | $2,875 | -8.0% |
| Apr 26, 2023 | PH | 3 BR · 3 BA · 4,300 sf | $9,995,000 | $2,324 | -8.8% |
| Apr 16, 2021 | PHB | 6,500 sf | $8,500,000 | $1,308 | — |
| May 3, 2016 | 3 | 4 BR · 2 BA · 4,000 sf | $7,500,000 | $1,875 | -12.8% |
| Nov 25, 2008 | 2 | 3 BR · 4,000 sf | $6,000,000 | $1,500 | -20.0% |
| Jun 3, 2008 | 3 | 4 BR · 4,000 sf | $6,350,000 | $1,588 | — |
| Jul 3, 2007 | 4 | 4,000 sf | $4,200,000 | $1,050 | — |
The retrade record
Lines that have changed hands more than once in the public record — the building’s appreciation arc, apartment by apartment.
Every recorded sale
Sort any column; filter by unit or keyword. Prices are the recorded transfer amount at the NYC Department of Finance. Every sale sits in one of three states: counted in the building’s medians and trend; shown but excluded as a non-arms-length or nominal transfer; or shown and ⚑ flagged for review — a possible duplicate filing or an extreme $/sf outlier, held out of the statistics pending manual verification rather than allowed to move them.
| Apartment | ||||||
|---|---|---|---|---|---|---|
| Apr 1, 2024 | 2 | 3 BR · 2.5 BA | 4,000 | $11,500,000 | $2,875 | -8.0% |
| Apr 26, 2023 | PH | 3 BR · 3 BA | 4,300 | $9,995,000 | $2,324 | -8.8% |
| Apr 16, 2021 | PHB | 6,500 | $8,500,000 | $1,308 | — | |
| May 3, 2016 | 3 | 4 BR · 2 BA | 4,000 | $7,500,000 | $1,875 | -12.8% |
| Nov 25, 2008 | 2 | 3 BR | 4,000 | $6,000,000 | $1,500 | -20.0% |
| Jun 3, 2008 | 3 | 4 BR | 4,000 | $6,350,000 | $1,588 | — |
| Jul 3, 2007 | 4 | 4,000 | $4,200,000 | $1,050 | — | |
| Dec 17, 2003 | 2 | 6 BRnon-market transfer (excluded from $/sf & trends) | 7,000 | $5,650,000 | — | — |
The most recent eligible transfer recorded at this building is from 2024. Our records run through August 2026; no later qualifying sale has been recorded here, which for a small or tightly held building is common rather than a gap in the data.
Sources, exclusions and how these figures are computed
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00474-7503) 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 from recorded condo declarations and offering plans. Storage, parking, and commercial units are excluded from all figures. Floor- and line-level $/sf are time-controlled (each sale measured against the building’s going rate at the time of sale) and expressed at today’s pricing, so they isolate the floor or line premium rather than blend two decades of market movement.
Put this data to work.
Know what’s fair before you offer — we’ll show you where each line trades, the building’s discount-to-ask pattern, and where the value sits right now.
Price to the building’s real trajectory, not a guess — we’ll position your line against its true comps to maximize the outcome.