109 Mercer St #5M, New York, NY 10012

A rare full-floor SoHo condominium offering true loft-like scale, privacy, immediate income and long-term potential. Currently leased through December 2027, the residence offers a compelling opportunity for an investor seeking income today or a future end user looking to secure a substantial SoHo home now and plan ahead. Arrive directly by private keyed elevator into this impressive 2,177-square-foot, 3-bedroom, 3-bath residence, defined by approximately 14-foot ceilings and a dramatic wall of oversized east-facing windows. The expansive living and dining space features a gas fireplace and custom wood paneling with concealed storage and television, while the open chef's kitchen is equipped with custom cabinetry, Sub-Zero refrigeration, Gaggenau cooking appliances and Bosch double ovens. The distinctive multi-level layout provides exceptional separation between entertaining and private spaces. Upstairs, the primary suite enjoys south and west exposures, generous closets and a marble bath with soaking tub, separate rain shower and double vanity. An adjacent mezzanine overlooking the living room is ideal for a home office. Two additional bedrooms and a full bath occupy the lower level. For an investor, the existing lease provides immediate income from day one and makes the property particularly attractive for buyers considering a 1031 exchange. For a future end user, it offers the opportunity to secure a prime SoHo residence today while using the lease period to plan and prepare a future renovation, if desired. Additional features include central air conditioning, electric shades, and an in-unit washer/dryer. The residence is not subject to A.I.R. occupancy restrictions. Located on Mercer Street in the heart of SoHo, this is a distinctive opportunity to acquire a true residential condominium combining loft-like scale and character with the flexibility of modern condo ownership.