# 18 Mercer Street, Manhattan

Co-op · 7 units · built c. 1861 · Block 231, Lot 19.

On Umarelli: https://umarelli.org/nyc/1002310019/18-mercer-street

More construction in SoHo: https://umarelli.org/nyc/manhattan/soho.md

Every lot on block 231: https://umarelli.org/nyc/manhattan/231.md

## Building permits

- Alteration, filed Oct 11, 2023, estimated cost $8K, described as “Work to apt 6 on the 6TH floor of an existing 6-family, 6-story jlwq building. Alterations to include new, removed, and relocated plumbing fixtures. No change to zoning, use, egress, or occupancy under this application.”
- Alteration, filed Oct 9, 2023, estimated cost $97K, described as “Work to apt 6 on the 6TH floor of an existing 6-family, 6-story jlwq building. Alterations to consist of interior partition work. No change to zoning, use, egress, or occupancy under this application.”

## Property taxes

- Assessment: $2,773,350
- 2026–27 tax: $86,593
- Market value (city estimate): $6,163,000
- Taxable value: $804,432
- Assessed land: $715,500
- Assessed improvements: $2,057,850

## Tax breaks

- Co-op and condo abatement, with no end date, a $13,470 credit this tax year.

## Zoning

M1-5/R9X: floor area ratio 4.46 built, 9.00 allowed by base zoning.

## Recent sales

- Jan 4, 2023: $1,995,000
- May 4, 2017: $2,010,000

Open-market sales since 2016, from the Department of Finance’s sales files.

## 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.

## Landmarks

Part of SoHo-Cast Iron Historic District (Historic District). 18 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…
- 18 MERCER ST, M1-5 DIST (City Planning P1983M1300): Completed, decided Nov 30, 1986. CERT-GRANDFATHERING DETERMINATION, 1 UNIT-6 FLRS

From New York City and Jersey City public records, refreshed within a day of each release. Sources: https://umarelli.org/sources. Methodology and corrections: https://umarelli.org/methodology