87 Mercer Street
85–87 Mercer Street, between Broome and Spring streets, SoHo · near NoHo
SoHo
BBL 1004850025 · BIN 1007268
- Year built
- 1872
- Type
- Cooperative
- Landmark
- Designated
Every recorded sale at this building, 2003–2025
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- Listing discount
- 1.9%
- Recorded transfers
- 14
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A Private Pricing Opinion — what your apartment at 87 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.
About the building
87 Mercer Street is part of the 50-foot-wide commercial loft building at 85–87 Mercer Street, designed by Robert Mook for Amos Eno. The Italianate exterior belongs to SoHo's nineteenth-century commercial architecture. The upper floors subsequently became cooperative residences legalized under the Loft Law, while retail occupies the base. The City Planning Commission documented that residential and commercial division in its 2018 review of ground-floor retail use.
The homes include broad lofts with direct keyed-elevator entry and multilevel penthouse space above the original building. High ceilings and large windows reflect the commercial floor plates. Upper residences incorporate terraces and roof-level outdoor areas, with internal stairs connecting multiple living levels. The penthouse configuration is substantially different from the single-floor lofts below.
Recent sales
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 |
|---|---|---|---|---|---|
| Sep 4, 2025 | PHB | 4 BR · 4.5 BA | $17,400,000 | -2.8% | |
| Dec 2, 2021 | 2 | 1 BR · 2 BA | $2,650,000 | +0.0% | |
| Jun 8, 2021 | 2R | 2 BR · 2,000 sf | $2,650,000 | $1,325/sf | -1.9% |
| Aug 7, 2015 | 2R | 1 BR · 2 BA | $3,150,000 | +5.2% | |
| Jan 21, 2010 | 4 | 4 BR | $3,825,000 | -33.5% | |
| Oct 6, 2006 | 2F | 3 BR · 2,500 sf | $2,995,000 | $1,198/sf | -7.8% |
Market read. $/sf is measured on the latest sales with reliable square footage (2021): a median $1,325/sf across 1 sale. The building has traded as recently as 2025. Median listing discount 1.9% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
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 1-00485-0025) 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.
Buying here? Co-op closing costs typically run 2 to 3% of the price. See NYC co-op and condo closing costs, line by line.
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What to know if you’re buying
Commercial and residential uses have separate legal histories here. Upper-floor residential legalization does not make every space in the cooperative interchangeable with a dwelling or storefront. For a loft purchase, match the proprietary lease to the approved residential use; for roof-level space, identify how the cooperative divides responsibility for terraces, additions and the underlying roof.
Comparable buildings
- 93 Mercer Street: A small prewar cooperative on the same block.
- 80 Wooster Street: A nearby cooperative with a commercial-loft architectural background.
- 106 Spring Street: Another limited-inventory cooperative in SoHo.
- 477 Broome Street: A larger historic loft cooperative for comparing residential scale.
More East Village + NoHo buildings
- 77 Bleecker Street (Bleecker Court) — 1930 co-op
- 80 East 10th Street — 2017 condominium
- 83 First Avenue (347 East 5th Street) — 1900 condop
- 87 East 2nd Street — 1910 co-op
- 87 St. Marks Place — co-op
- 89 Avenue A — 1900 condominium
The neighborhood
For the full corridor — architecture, transit, and pricing across East Village + NoHo — read The Roebling Team Guide to East Village + NoHo.
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. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
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