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11 Mercer St
3,850 SF Flex Condo Unit Offered at $1,999,000 in New York, NY 10013
Investment Highlights
- 3,850 ft² of Open Space (currently separate with sheet rock partitions)
- Opportunity to combine this storage unit with the 3,984 ft² Ground Floor Retail unit $7.5M (sold separately)
- Skylight (currently covered)
Executive Summary
INCREDIBLE OPPORTUNITY: Extraordinary 3,850 ft² lower level storage CONDO unit nestled in the heart of Soho at 11 Mercer Street. Boasting a captivating [and currently covered] skylight, this condo storage unit offers direct elevator access through the common area and endless possibilities. The enhanced images showcase a pristine white box condition complete with existing partitions. The space can be completely opened, revealing its stunning exposed supporting beams. Opportunity to combine this storage unit with the Ground Floor Retail Unit sold separately at $7.5M. Create of an awe-inspiring split level showroom with a selling basement, establishing an exceptional retail space in the heart of Prime Soho. Don't miss out on this chance to curate an extraordinary retail experience in one of the most sought-after locations in Soho. On an archetypal Soho cobblestone block, in the very heart of the Soho Cast Iron Historic District, and at the junction of Howard and Mercer Streets, is one of the only genuine & original Cast Iron Condominium Lofts left in existence.
Data Room Click Here to Access
Property Facts
1 Unit Available
Unit C
| Unit Size | 3,850 SF | Condo Use | Flex |
| Price | $1,999,000 | Sale Type | Owner User |
| Price Per SF | $519.22 |
| Unit Size | 3,850 SF |
| Price | $1,999,000 |
| Price Per SF | $519.22 |
| Condo Use | Flex |
| Sale Type | Owner User |
Description
Incredible 3,850 ft² lower level storage CONDO unit for sale in prime Soho at 11 Mercer Street with Skylight. This condo storage unit has direct elevator access through common area and tons of potential. Images shown here reflect white box condition with partitions and covered skylight, however, space can be completely opened with only exposed supporting beams.
The only legal use now for the basement is storage, however the Retail Store above it is also for sale and if the two spaces were combined, it's likely the basementy use could be changed to retail use.
The storage unit has elevator access from the street, stair access, and sidewalk hatch access. There are windows with West exposures into a courtyard, and also a huge skylight that is in need of restoration.
Sale Notes
Incredible 3,850 ft² lower level storage CONDO unit for sale in prime Soho at 11 Mercer Street with Skylight. This condo storage unit has direct elevator access through common area and tons of potential. Images shown here reflect white box condition with partitions and covered skylight, however, space can be completely opened with only exposed supporting beams.
The only legal use now for the basement is storage, however the Retail Store above it is also for sale and if the two spaces were combined, it's likely the basementy use could be changed to retail use.
The storage unit has elevator access from the street, stair access, and sidewalk hatch access. There are windows with West exposures into a courtyard, and also a huge skylight that is in need of restoration.
+3 More
11 Mercer St - Digital Rendering of Open Floor Plan with Exposed Skylight
11 Mercer St - Digital Rendering of Open Floor Plan with Exposed Skylight
11 Mercer St - Current Photo
11 Mercer St - Current Photo
11 Mercer St - Current Photo
11 Mercer St - Current Photo
11 Mercer St - Open Floor Plan - ALTERNATIVE
11 Mercer St - AS IS Floor Plan
Amenities
Unit Amenities
- Storage Space
zoning
| Zoning Code | M1 (Storage Unit C is zoned for storage use only. The retail store above it could be purchased separately and combined with the storage unit and rezoned.) |
| M1 (Storage Unit C is zoned for storage use only. The retail store above it could be purchased separately and combined with the storage unit and rezoned.) |
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Michael Davis -
Edward Hickey -
Compass
Presented by
11 Mercer St
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