9 Mercer Street, Manhattan
Condominium · 6 units · built c. 1870 · Block 230, Lot 7501.
Building permits
- Alteration, filed Aug 26, 2022, estimated cost $24K, described as “Relocation and minor additions to the existing sprinkler system, included in this work will be piping sprinkler heads, Refer to application # M00736052”
- Alteration, filed Aug 26, 2022, estimated cost $34K, described as “The installation of new fixtures, piping system for sanitary drainage and venting of all new fixtures including piping drains, pump, vents Refer to App # M00736052-I1”
- Alteration, filed Aug 25, 2022, estimated cost $20K, described as “New air conditioning system to serve the apartment including new air cooled variable speed heat pump, equipment, refrigerant, piping, condesate drain.. All as per plans. Refer to job # M00736052-I1”
- Alteration, filed Aug 25, 2022, estimated cost $114K, described as “General interior renovation, new partitions plumbing changes, no change in occupancy or use. Refer to M00736613, M00737495, M00738045”
- Alteration, filed Apr 11, 2022, estimated cost $26K, described as “General construction in conjunction with Sprinkler System Upgrade including construction of Sprinkler Booster Pump Room & roof repairs as needed due to removal of existing roof tanks .”
- Alteration, filed Apr 11, 2022, estimated cost $245K, described as “Installation of new sprinkler booster pump system for residential building. No change to use, egress or occupancy.”
- Alteration, filed Feb 4, 2022, estimated cost $20K, described as “Exterior renovation of commercial space, remove and install walls, doors, floor finishes, ceilings as per plans herewith, no change in use”
- Alteration, filed Sep 2, 2021, estimated cost $150K, described as “Interior renovation of commercial space, remove and install walls, doors, floor finishes, ceilings as per plans.”
Property taxes
- Assessment
- $8,775,451
- 2026–27 tax
- $520,953
- Market value (city estimate)
- $19,501,002
- Taxable value
- $4,414,794
- Assessed land
- $350,101
- Assessed improvements
- $8,425,350
- Condo units with their own tax lots
- 8
Tax breaks
- Co-op and condo abatement, with no end date, a $28,376 credit this tax year.
Zoning
M1-5/R7X: floor area ratio 3.97 built, 5.00 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
- Sep 13, 2022: $6,767,194, Apt 1A
- Mar 17, 2022: $6,000,000, Apt 3A
- Dec 21, 2018: $2,500,000, Apt 5B
- Jan 12, 2018: $5,400,000, Apt 2A
- Apr 20, 2017: $1,250,000, Unit C
Open-market sales since 2016, from the Department of Finance’s sales files.
Landmarks
Part of SoHo-Cast Iron Historic District (Historic District). 9 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…