110 Mercer Street Soho Apartment For Sale

ALMOST 5,000 SQUARE FEET OF ENDLESS POSSIBILITIES AND GET PAID A 6-FIGURE INCOME JUST FOR OWNERSHIP!!

This was the beloved, long-time home of world-renowned artists, Mary Beth Edelson and Robert Stackhouse, and is being offered for the first time in almost 50 years. At 122-feet deep and 37-feet wide with no columns, this is the perfect blank canvas to create your dream home. Soaring 13.5-ft ceilings and eighteen (18!) oversized windows on three exposures are the perfect ingredients to create a magnificent space that's open, light and airy. There is over 3,600 sq feet on the main level, 1,000 sq feet on the mezzanine and 400 sq feet on your two PRIVATE TERRACES. You also have 1,150 square feet of storage space in the basement.

Perhaps best of all, this property has exceptionally strong financials. The co-op owns the premium retail spaces on the street level and all the owners share in healthy income disbursements year over year. This year's disbursement for this owner is projected to be $131,000! YOU'RE EFFECTIVELY BEING PAID A SIX FIGURE INCOME FOR OWNERSHIP! Maintenance hasn't increased in over 10 years, there are no assessments and no flip tax.

The Cast Iron Court Corporation is an intimate, boutique co-op circa 1868 designed by the famed architect Charles Mettam (perhaps best known as the designer of the canopied catafalque that bore President Lincoln's coffin). It was converted by its artist/owners in 1975 and is one of the few remaining cast-iron buildings in NYC to retain such significant artistic and cultural pedigree. It's professionally managed, has a key-locked elevator and is pet-friendly. It retains many of its original 19th century details and is a destination for anyone who appreciates the storied history and rich architecture of old New York. You're in the heart of the historic Soho Cast-Iron District with all of the neighborhood's amazing restaurants and shops right outside your door. This is truly a once-in-a-lifetime opportunity and should not be missed. (NOTE: PHOTOS ARE VIRTUALLY STAGED AND AN ALTERNATE FLOOR PLAN SHOWING A POSSIBLE DESIGN HAS BEEN PROVIDED). Call for appointment.