5 Mercer Street, Manhattan
Apartment building · 8 units · built c. 1861 · Block 230, Lot 42.
Building permits
- Alteration, filed Nov 6, 2017, estimated cost $7K, described as “Alteration type 3 - construction equipment - scaffold proposed installation of pipe scaffold for remedial repairs as per plans. No change in use occupancy or egress under this application”
Property taxes
- Assessment
- $5,900,850
- 2026–27 tax
- $167,827
- Market value (city estimate)
- $13,113,000
- Taxable value
- $1,349,196
- Assessed land
- $330,750
- Assessed improvements
- $5,570,100
Zoning
M1-5/R9X (part of the lot is M1-5/R7X): floor area ratio 5.09 built, 9.00 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard. FEMA’s preliminary map: zone X, moderate risk: a 0.2% chance of flooding each year.
Recent sales
- Jan 31, 2018: $21,000,000
Open-market sales since 2016, from the Department of Finance’s sales files.
Landmarks
Part of SoHo-Cast Iron Historic District (Historic District). 36 Landmarks Preservation Commission permits are on file.
Board and land use applications
- SoHo/NoHo (City Planning 2018M0375): Zoning map change, Zoning text change, Completed, decided Aug 25, 2022. SoHo/NoHo Neighborhood Plan seeks to strengthen SoHo and NoHo as mixed-use neighborhoods and promote equity. The proposal will expand housing opportunities for New Yorkers, reduce burdens for residents and businesses, and support continued…
- 5 Mercer Street - 74-711 (City Planning P2017M0438): Completed, decided Jun 7, 2021. This is a private application by Square-Churchill Mercer, LLC requesting a special permit pursuant ZR §74-711 to modify the use requirements of ZR §42-14D(2)(b) to allow Use Group 6 retail use on the ground floor and cellar, and the bulk…
- 7 MERCER ST (City Planning P1983M1285): Completed, decided Nov 30, 1986. CERT-GRANDFATHERING DETERMINATION (ZR74-782) FOR 8 UNITS
- 5-7 MERCER ST (City Planning P1983M1333): Completed, decided Mar 28, 1984. CERT-GRANDFATHERING DETERMINATION(ZR42-141)FOR 5 UNITS-5*FLRS