250 Mercer Street, #PHD1202, New York (Greenwich Village), NY, 10012 | $1,500,000

NEW PRICE! A rare offering of an oversized, sundrenched just renovated penthouse loft with soaring ceilings of over 11 feet in a coveted doorman building at the crossroads of Greenwich Village and NoHo.

Perched high up on the building's top southeast corner, Penthouse D1202 at 250 Mercer Street offers a massive living room, newly renovated kitchen and bathroom, huge corner primary bedroom as well as a sizable second-level loft with a spacious enclosed flex room, an open landing and raised ceilings that is perfect for use as a home office and welcoming space for guests.

At the heart of this home is a glorious South-facing living room over 18 feet deep. Sunlight pours in through a pair of double-hung picture windows stretching from nearly floor to ceiling, complemented by a row of transoms along the top of the eastern wall. There is a beautiful built-in customized bar, and in the corner of the living room a staircase leading you to the second-level loft has been stripped down to the steel, beautifully contrasting with the newly refinished warm grey hardwood floors to create both a sense of lightness and chic rustic charm.

The renovated kitchen is fully outfitted with custom cabinetry, modern grey slate countertops, floors and tiled backsplash with a stunning suite of high-end stainless steel appliances including a Subzero refrigerator/freezer with icemaker and double freezer drawer, a Miele oven, a Miele 4-burner gas range with a hood that vents to the exterior and a Miele dishwasher.

The sprawling primary bedroom wraps the top corner of the building, showcasing gorgeous open views of downtown New York City to both the South and the East. At approximately 20 feet wide, there is plenty of space for a king-sized bed plus a separate lounging or seating area, and an entire wall of cedar closets accommodates even the most extensive of wardrobes.

Ideally located between the bedroom and the living room, there is a newly renovated bathroom finished with floor-to-ceiling in deep grey slate tiles and a luxurious deep soaking tub. Additional features of this home are a full-sized in-unit Bosch washer and dryer, extensive closet and storage space throughout as well as recessed lighting in every room.

Also known as Mercer Square, 250 Mercer Street is beautifully maintained full-service co-operative with a live-in resident manager, a full-time doorman, a furnished common roof deck and central courtyard as well as bicycle storage. Residents are just moments away from Washington Square Park and some of downtown New York City's most fabulous shopping, dining and entertainment experiences throughout Greenwich Village, NoHo and SoHo. With the 6, N, R, W, B, D, F and M trains no more than 5 minutes away, this location knows no equal. Subletting is permitted after two years of ownership and financing is up to 80%. Pets are welcome.

There is an assessment of $1, 312/month through June 2024.

This property is also listed for rent.

Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 16
  • Amenities: Bike Room; Courtyard; Garden; Laundry Room; Roof Deck; Private Storage For Fee;
  • Rooms: 4
  • Bedrooms: 1
  • Baths: 1 full
  • Complex: Mercer Square Owners Corp
  • Year Built: 1888
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Building Access : Elevator
  • Service Level: Full Time Doorman
  • LobbyAttendant: No
  • OLR#: RPLU21922885184
  • Days on Market: 122 days
  • Website: https://www.raveis.com
    /prop/RPLU21922885184/250mercerstreet_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Brown Harris Stevens Residential Sales LLC

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NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

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250 Mercer Street, #PHD1202, New York (Greenwich Village), NY, 10012

$1,500,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,200,000 $1,200,000 $1,200,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.375% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.229% 6.486% 6.307%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,908 $7,486 $10,208
Total Monthly Payment $7,033 $7,611 $10,333

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.