541 Broadway #4B

3,200 ft²

$1,281 per ft²

9 rooms

3 beds

2.5 baths

Co-op
Soho

recorded sale

Sold on 5/23/2011

Verified by closing records

Last listed for $4,100,000

Seller's agents

Michael R. Raab

Licensed Associate Real Estate Broker

Corcoran

Michael Rauschenberg

Licensed Associate Real Estate Broker

Corcoran

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Listing by Corcoran, Limited Liability Broker, 220 West 19th Street, New York, NY 10011 | Brokerage Listing ID: 2108500

Maintenance fees

$200/mo

Estimated payment

$21,226/mo

Taxes

Included in maintenance fees

Tax abatement

No info

About

Seller’s agent

Michael R. Raab

Licensed Associate Real Estate Broker

Corcoran

Michael Rauschenberg

Licensed Associate Real Estate Broker

Corcoran

Buyer’s agent

Michael R. Raab

Licensed Associate Real Estate Broker

Corcoran

Michael Rauschenberg

Licensed Associate Real Estate Broker

Corcoran

description

BUY THIS APARTMENT AND EARN $60,000+/YEAR!! Because of the large income generated by the retail space in this building, along with the incredible maintenance of only $200/month, each unit now receives a monthly check for $5000. (This is expected to increase when leases are renegotiated.) This is an exquisite, well planned, contemporary loft renovation, using the finest materials to create a stunning, well functioning and warm living environment.

Policies

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Home features

Loft

Building amenities

Services and facilities

Elevator

Wellness and recreation

No info on wellness and recreation

Shared outdoor space

No info on shared outdoor space

About the building

112 Mercer Street

112 Mercer Street, New York, NY 10012

Co-op building inSoho

8 units

5 stories

1869 built

For sale

0 available units for sale

For rent

0 available units for rent

Documents and permits

View documents and permits

Learn more about 112 Mercer Street

Property history

Price Change: ↓ $395,000 (-8.8%) on 2/23/11
Days on market: 119 days

Date	Price	Event
5/23/2011	$4,100,000	Sold by Corcoran
5/23/2011	$4,100,000	No longer available
4/6/2011	$4,100,000	In contract
2/23/2011	$4,100,000	Price decreased by 9%
12/8/2010	$4,495,000	Listed by Corcoran

Past listing photos

5/23/2011

Explore Soho

Transit

Location	Distance
at Prince St	under 500 feet
at Spring St	0.11 miles
at Broadway–Lafayette St	0.17 miles
at Bleecker St	0.21 miles
at Spring St	0.29 miles

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About Soho

Rental prices shown are base rent before any fees. Visit listings for cost and fees breakdown.

SalesMedian asking price

3 beds

$5.33M

RentalsMedian asking base rent

3 beds

$23,250

SoHo has some of the best people-watching in Manhattan, as it is a mecca for the trendy, sophisticated downtown elite. The north-south running streets are often sites of fashion shoots as well as home to upscale European boutiques. The east-west running streets are busier and always clogged with vendors selling everything from iPhone cases to incense. One you hit Broadway, you could be in just about any mall in America with retail chains, tourists, teenagers, and disgruntled New Yorkers dominating the avenue. The energy in SoHo is fast-paced and all hustle and bustle; it is a quintessentially vibrant New York neighborhood, but certainly not for the faint-of-heart or those looking for some peace and quiet.

Learn more about Soho