112 Mercer St # 4M, New York, NY 10012

Studio2.5 baths-- sqft Edit

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Sold: $6,050,000
Sold on 01/11/13
Zestimate®: $2,544,966
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My Notes

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Once in a Lifetime Opportunity Shareholders of this cooperative benefit from income received from the ground floor retail space receiving $7500 monthly (expected to increase). Current monthly maintenance is $200. Historic Loft Coop formed in 1974 as SoHo was transforming to artist housing. The property evokes the grandeur and majesty of classic loft architecture. The main loft is approx 3500 +/- sq ft with 3 bright exposures; west, east and south with a total of 13 massive windows; 5 of them arched and facing west. Extreme ceiling heights, north and south exposed brick walls and hardwood floors. Additional private office space in cellar (bath on this level) and large private storage room located in the sub basement (elevator access to both). Please refer to floorplan. State of the art building entry, with new direct key lock elevator access; overall a meticulously managed property. This unit has been owned by the same family for 36 years; a transfer of units rarely occurs in this coop building.  More Less 

Facts

  • Cooperative
  • Views: 906 all time views
  • Last sold: Jan 2013 for $6,050,000

Appliances Included

  • Dishwasher

Other

  • Parcel #: 0498001800112000000004M
  • Zillow Home ID: 72512020

Zestimate Details

Zestimate
A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

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$2,544,966
-$5,620 Last 30 days
$1.96M
$3.08M
Zestimate range
Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$7,500/mo
+$633 Last 30 days
$3.3K
$10K
Zestimate range

Improve This Home's Value

The right home project can make a significant impact to your home value! Compare average project costs in your area with estimated increases to your home value.

The return values below are estimates based on the region, home facts, and past sales data. Your situation may vary based on current finish level of the room, changing style trends, depreciation, and how much of the project budget is invested in structural changes vs. functional/cosmetic improvements.

Deck Addition

Mid-Range Minor Kitchen Remodel

  • Mid-Range Minor Kitchen Remodel

  • + 25.1K VALUE
  • Project cost: $24,881
  • See kitchen ideas

Mid-Range Bathroom Remodel

Popularity on Zillow

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906 all-time views
of this home (chart)
105 forecasted views of this home
in the first 7 days after listing for sale
(90 views if listed for rent)

Comparable Homes

Homes like this sold for $2.36-3.0M.

$2.07M
$3.29M

Mortgages

Neighborhood: SoHo

Zillow predicts New York home values will rise 2% next year, compared to a 0.8% rise for New York Metro as a whole.

Foreclosures will be a factor impacting home values in the next several years. In New York, the number of foreclosures waiting to be sold is 55.6% less than in New York Metro, and 92.4% lower than the national average. This lower local number could help New York home values rise more quickly than other regions in New York Metro.  read more Less 

Nearby

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    Rentals

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    Nearby Schools in New York

    GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

    Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

    • School Rating

       

      Grades

      Distance

    • 10
      out of 10
      New Explorations Into Science, Tech and... (assigned)
      K-12
      1.3 mi
    • 10
      out of 10
      Stuyvesant High (assigned)
      9-12
      1.0 mi
    • 10
      out of 10

    Data by GreatSchools.org